We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies. Cookie Policy.

Features Partner Sites Information LinkXpress
Sign In
Advertise with Us

Download Mobile App




Events

ATTENTION: Due to the COVID-19 PANDEMIC, many events are being rescheduled for a later date, converted into virtual venues, or altogether cancelled. Please check with the event organizer or website prior to planning for any forthcoming event.
30 Jan 2023 - 02 Feb 2023

Global Portable Ultrasound Equipment Market to Reach USD 2.5 Billion by 2026

By MedImaging International staff writers
Posted on 01 Jul 2021
Print article
Image: The vScan handheld ultrasound device (Photo courtesy of GE Healthcare)
Image: The vScan handheld ultrasound device (Photo courtesy of GE Healthcare)
The global portable ultrasound equipment market is projected to grow at a CAGR of 6.3% from USD 1.7 billion in 2020 to USD 2.5 billion by 2026, driven primarily by an increasing number of application areas, rising prevalence of diseases, and growing technological advancements.

These are the latest findings of a new market study published by Global Industry Analysts Inc. (San Francisco, CA, USA), a market research company.

Portable ultrasound machines, in general are ideal for small hospitals, PCP offices, obstetric practices, sports medicine clinics, small physician practice and independent clinics. By delivering relative ease in its operation, portable ultrasound devices have the potential to capture significant share in the point-of-care imaging market. Portable ultrasound devices are proving to be extremely useful in applications where space is the constraint and also where mobility of devices is required for example if scanning is required to be carried out on the field.

Portable ultrasound devices are increasingly used in various areas such as musculoskeletal, critical care medicine, and emergency medicine. Adoption of these devices has grown considerably on account of rising number of minimally invasive procedures and for prenatal and antenatal care of mothers who lack access to big healthcare facilities. They are also finding widespread use in urinary bladder dysfunction, abdominal evaluations, gallbladder visualization, DVT surveillance, and vascular access. Increasing AI integration in ultrasound devices, which provide the units with better diagnostics capability is another major factor promoting market growth.

On the basis of product type, the Cart/Trolley-based segment is projected to grow at a 6.4% CAGR to reach USD 2.5 billion by the end of the analysis period while the Handheld segment is expected to record a 4.8% CAGR for the next 7-year period. The Handheld segment currently accounts for a share of 8.1% of the global portable ultrasound equipment market. In terms of applications, cardiologists, intensivists, and emergency medicine physicians have been some of the initial users of handheld ultrasound systems. Over the years, supported by the integration of advanced features, the devices have also gained acceptance among anesthesia, procedural ultrasound, and other specialists.

Geographically, the US currently accounts for a share of 32.52% of the global portable ultrasound equipment market and is estimated to be valued at USD 590.9 million in 2021. China’s portable ultrasound equipment market is forecasted to record a CAGR of 8% through the analysis period to reach an estimated USD 257.5 million in 2026. The portable ultrasound equipment market in Japan and Canada are forecasted to grow at 5.4% and 5.7%, respectively over the analysis period. Within Europe, the portable ultrasound equipment market in Germany is forecasted to grow at approximately 5.9% CAGR while the market in Rest of Europe is expected to reach USD 279.3 million by the end of the analysis period. The developed economies account for a major share of the global portable ultrasound equipment market due to increasing prevalence of various diseases, well-developed healthcare infrastructure, easy reimbursement, and government support for technological developments. Economic growth, increasing healthcare spending, improved standard of healthcare facilities are expected to fuel the demand for new equipment in the developing markets.

Related Links:
Global Industry Analysts Inc.

New
Gold Supplier
Premium Ultrasound Scanner
ARIETTA 850
Total-Body PET/CT System
uEXPLORER
Ultrasound System
Xario 200G
New
Fixed Height Radiographic Table
Stylix

Print article
CIRS -  MIRION

Channels

Radiography

view channel
Researchers used AI to triage patients with chest pain (Photo courtesy of Pexels)

First Deep Learning AI Model Triages Patients with Chest Pain Using X-Rays

Acute chest pain syndrome can involve tightness, burning or other discomfort in the chest or a severe pain that spreads to the back, neck, shoulders, arms, or jaw, accompanied by shortness of breath.... Read more

Ultrasound

view channel
Image: Dr. Derek Cool demonstrating the new robotic 3D ultrasound system (Photo courtesy of Lawson Health)

Robotic 3D Ultrasound System Improves Accuracy of Liver Cancer Treatment

Liver cancer is the fourth-leading cause of cancer death in the world. Surgery is one treatment option for liver cancer, although thermal ablation which uses heat to destroy the cancerous tumor has less... Read more

Nuclear Medicine

view channel
Image: Tracking radiation treatment in real time promises safer, more effective cancer therapy (Photo courtesy of Pexels)

Real-Time 3D Imaging Provides First-of-Its-Kind View of X-Rays Hitting Inside Body During Radiation Therapy

Radiation is used in treatment for hundreds of thousands of cancer patients each year, bombarding an area of the body with high energy waves and particles, usually X-rays. The radiation can kill cancer... Read more

General/Advanced Imaging

view channel
Image: The HIAS-29000 brain PET scanner with motion correction (Photo courtesy of Hamamatsu Photonics)

New Brain PET Scanner Corrects Blurring in Images Caused by Body Motion

Ordinary brain PET (positron emission tomography) scanners are unable to accurately measure the distribution of radiopharmaceuticals in the brain if the patients move their head during the examination process.... Read more

Imaging IT

view channel
Image: The new Medical Imaging Suite makes healthcare imaging data more accessible, interoperable and useful (Photo courtesy of Google Cloud)

New Google Cloud Medical Imaging Suite Makes Imaging Healthcare Data More Accessible

Medical imaging is a critical tool used to diagnose patients, and there are billions of medical images scanned globally each year. Imaging data accounts for about 90% of all healthcare data1 and, until... Read more
Copyright © 2000-2023 Globetech Media. All rights reserved.