Market Overview:
The global handheld medical ultrasound scanners market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for point-of-care diagnostics, rising prevalence of chronic diseases, and technological advancements in handheld medical ultrasound scanners. Based on type, the global handheld medical ultrasound scanners market is segmented into black & white display and color display. The black & white display segment is expected to account for a larger share of the global handheld medical ultrasound scanners market than the color display segment during the forecast period. This can be attributed to its low cost and easy availability compared with color displays. Based on application, the global handheld medical ultrasound scanners market is divided into hospitals, diagnostic centers, ambulatory surgical centers (ASCs), and others (including research institutes and veterinary clinics). The hospitals segment is expected to account for a larger share of the global handheld medical ultrasound scanners market than other segments duringthe forecast period owingtoits large customer baseand growing demand for point-of-care diagnostics.
Product Definition:
A handheld medical ultrasound scanner is a small, portable device that uses high-frequency sound waves to produce images of the inside of the body. These scanners are used to diagnose and monitor a variety of medical conditions, including heart disease, pregnancy, and tumors.
Black & White Display:
The global black and white display market is expected to witness significant growth over the forecast period. The major factor that propels the growth of this market includes increasing demand for handheld medical ultrasound scanners. Black and white display also called as B/W or monochrome monitor, it’s a type of video monitor used in medical devices mainly for diagnostic purposes.
Color Display:
A color display is a method to differentiate two or more medical devices by displaying different colors for each function. The basic function of any medical device includes information about the strength of the signal, battery life, and other useful data.
The first generation handheld ultrasound scanners had monochrome displays which displayed only shades of grey with no variation in between them.
Application Insights:
Based on application, the global handheld medical ultrasound scanners market is segmented into hospitals, diagnostic centers, ambulatory surgical centers and others. The hospitals segment dominated the overall market in terms of revenue in 2017. This is due to a large number of patients that require diagnosis at a hospital level which requires advanced equipment such as M&E systems for better imaging. Furthermore, an increasing number of hospital construction projects across the globe are expected to drive demand over the forecast period.
The diagnostic centers segment is expected to grow at a lucrative rate over the forecast period owing to growing demand for non-invasive medical procedures across various applications such as musculoskeletal ultrasound and cardiovascular disease (CVD) screening among others.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare infrastructure, high adoption rate of advanced technology, and favorable reimbursement policies are some factors driving the regional growth. For instance, under Medicare reimbursement policy, ultrasound devices have been classified into seven categories (I to VII) based on their maximum recommended useful life span.
In addition to this, increasing demand for technologically advanced medical products is also expected to drive the North American market during the forecast period. Furthermore rising awareness regarding various diseases and disorders and growing number of R&D activities by major companies are also contributing towards regional growth.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The increasing demand for minimally invasive surgeries is one of the key growth drivers for the handheld medical ultrasound scanners market. Minimally invasive surgeries are less risky and cause less pain as compared to traditional open surgery procedures. This has led to an increase in the adoption of handheld medical ultrasound scanners by surgeons worldwide.
- Growing geriatric population: The global geriatric population is growing at a rapid pace and this is expected to drive the growth of the handheld medical ultrasound scanners market in the coming years. Elderly people are more prone to various health conditions such as heart diseases, cancer, and arthritis, which can be diagnosed using handheld medical ultrasound scanners.
- Rising prevalence of chronic diseases: The rising prevalence of chronic diseases such as diabetes and obesity is another major factor that is expected to fuel the growth of the handheld medical ultrasound scanner market in future years. These diseases are often accompanied by various complications such as fluid retention, swelling, and inflammation that can be diagnosed using a hand-held medical ultrasound scanner device .
Scope Of The Report
Report Attributes
Report Details
Report Title
Handheld Medical Ultrasound Scanners Market Research Report
By Type
Black & White Display, Color Display
By Application
Hospitals, Diagnostic Centers, Ambulatory Surgical Centers, Others
By Companies
GE, Philips, Clarius, Siemens, Fujifilm, Toshiba, Samsung, Hitachi, Mindray Medical, Boston Scientific, GE, Chison, Ecare, Esaote
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Handheld Medical Ultrasound Scanners Market Report Segments:
The global Handheld Medical Ultrasound Scanners market is segmented on the basis of:
Types
Black & White Display, Color Display
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Diagnostic Centers, Ambulatory Surgical Centers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GE
- Philips
- Clarius
- Siemens
- Fujifilm
- Toshiba
- Samsung
- Hitachi
- Mindray Medical
- Boston Scientific
- GE
- Chison
- Ecare
- Esaote
Highlights of The Handheld Medical Ultrasound Scanners Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Black & White Display
- Color Display
- By Application:
- Hospitals
- Diagnostic Centers
- Ambulatory Surgical Centers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Handheld Medical Ultrasound Scanners Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Handheld medical ultrasound scanners are devices that use sound waves to produce images of organs and tissues in the body. They are used to diagnose medical conditions, such as cancer, heart disease, and pregnancy.
Some of the major players in the handheld medical ultrasound scanners market are GE, Philips, Clarius, Siemens, Fujifilm, Toshiba, Samsung, Hitachi, Mindray Medical, Boston Scientific, GE, Chison, Ecare, Esaote.
The handheld medical ultrasound scanners market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Handheld Medical Ultrasound Scanners Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Handheld Medical Ultrasound Scanners Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Handheld Medical Ultrasound Scanners Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Handheld Medical Ultrasound Scanners Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Handheld Medical Ultrasound Scanners Market Size & Forecast, 2020-2028
4.5.1 Handheld Medical Ultrasound Scanners Market Size and Y-o-Y Growth
4.5.2 Handheld Medical Ultrasound Scanners Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Black & White Display
5.2.2 Color Display
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Diagnostic Centers
6.2.3 Ambulatory Surgical Centers
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Handheld Medical Ultrasound Scanners Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Handheld Medical Ultrasound Scanners Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Black & White Display
9.6.2 Color Display
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Diagnostic Centers
9.10.3 Ambulatory Surgical Centers
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Black & White Display
10.6.2 Color Display
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Diagnostic Centers
10.10.3 Ambulatory Surgical Centers
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Black & White Display
11.6.2 Color Display
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Diagnostic Centers
11.10.3 Ambulatory Surgical Centers
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Black & White Display
12.6.2 Color Display
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Diagnostic Centers
12.10.3 Ambulatory Surgical Centers
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Black & White Display
13.6.2 Color Display
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Diagnostic Centers
13.10.3 Ambulatory Surgical Centers
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Handheld Medical Ultrasound Scanners Market: Competitive Dashboard
14.2 Global Handheld Medical Ultrasound Scanners Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE
14.3.2 Philips
14.3.3 Clarius
14.3.4 Siemens
14.3.5 Fujifilm
14.3.6 Toshiba
14.3.7 Samsung
14.3.8 Hitachi
14.3.9 Mindray Medical
14.3.10 Boston Scientific
14.3.11 GE
14.3.12 Chison
14.3.13 Ecare
14.3.14 Esaote
