Market Overview:
The global point of care ultrasound systems market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for portable and handheld ultrasound devices, rising prevalence of chronic diseases, and growing number of ambulatory surgical centers (ASCs). Based on type, the global point of care ultrasound systems market is segmented into trolley-based devices and hand-held devices. The trolley-based devices segment is expected to account for the majority share in terms of revenue in 2018. However, the hand-held devices segment is projected to grow at a higher CAGR during the forecast period from 2018 to 2030. This can be attributed to their growing popularity among healthcare professionals owing to their portability and ease of use. Based on application, the global point of care ultrasound systems market is divided into emergency medicine, cardiology, obstetrics and gynecology (OB/GYN), oncology surgery, and others (urology surgery,, orthopedics surgery,, etc.).
Product Definition:
Point of care ultrasound (POCUS) is an ultrasound examination performed at the bedside or in another clinical setting. It has been used for many years in emergency medicine and critical care, but its use is becoming more widespread in other specialties. POCUS can be used to help diagnose a variety of medical problems, including cardiac abnormalities, respiratory problems, and abdominal pathology. Additionally, it can be used to guide procedures such as central line placement and thoracentesis. The use of POCUS allows clinicians to obtain images and information that can help them make decisions about patient care without having to wait for results from laboratory or radiology tests.
Trolley Based Devices:
Trolley-based devices are portable medical equipment that is used in healthcare facilities such as hospitals and clinics. The trolley based devices market is expected to witness significant growth over the forecast period owing to increasing demand for point of care ultrasound systems.
Hand-held Devices:
Hand-held devices are small medical instruments that are used in the healthcare sector. They can be classified into two types: those used by physicians and those used by non-physicians.
Application Insights:
The global point of care ultrasound systems market is segmented based on application into emergency medicine, cardiology, obstetrics and gynecology, oncology surgery, and others. The other applications include echocardiography, neurology ultrasound imaging scan (MRA/CAT/X-ray), and transrectal ultrasonography. In 2017 the Others segment dominated the global market with a share of over 30% in terms of revenue. This is attributed to an increase in demand for noninvasive diagnostic modalities that provide faster results than conventional methods due to high patient volumes especially in developing countries like India & China where healthcare facilities are less developed resulting in increased utilization of these devices at a domestic level which further propels its growth globally.
Regional Analysis:
North America dominated the global point of care ultrasound market in 2017. This can be attributed to increasing R&D investments by various companies and high adoption of technologically advanced products. Moreover, presence of well-established healthcare facilities and favorable reimbursement policies are some other factors contributing toward the growth of this regional market.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to rising medical tourism, improving healthcare infrastructure, growing awareness about early diagnosis & treatment options for various diseases along with increasing disposable income especially in India & China are some factors that can be attributed towards rapid growth in this region.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily due to the advantages offered by these procedures over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Ultrasound-guided procedures are particularly favored over other minimally invasive techniques due to their accuracy and safety.
- Rising prevalence of chronic diseases: The incidence of chronic diseases such as cancer, heart disease, and diabetes is on the rise globally due to changing lifestyles and aging populations. These conditions often require repeated monitoring and treatment, which is driving demand for Point Of Care Ultrasound Systems in hospitals and clinics worldwide.
- Technological advancements: ultrasound technology has come a long way in recent years with the development of high-resolution scanners that can produce detailed images even in difficult-to-reach areas of the body. This has led to an increase in use of ultrasound for diagnostic purposes across all specialties including cardiology, obstetrics & gynecology (OB/GYN), pediatrics, urology, etcetera .
Scope Of The Report
Report Attributes
Report Details
Report Title
Point Of Care Ultrasound Systems Market Research Report
By Type
Trolley Based Devices, Hand-held Devices
By Application
Emergency medicine, Cardiology, Obstetrics and Gynecology, Oncology surgery, Others
By Companies
Analogic Corporation, CANON MEDICAL SYSTEMS CORPORATION, ESAOTE SPA, Siemens Healthcare GmbH, GE Healthcare, Koninklijke Philips NV
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Point Of Care Ultrasound Systems Market Report Segments:
The global Point Of Care Ultrasound Systems market is segmented on the basis of:
Types
Trolley Based Devices, Hand-held Devices
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
Emergency medicine, Cardiology, Obstetrics and Gynecology, Oncology surgery, 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:
- Analogic Corporation
- CANON MEDICAL SYSTEMS CORPORATION
- ESAOTE SPA
- Siemens Healthcare GmbH
- GE Healthcare
- Koninklijke Philips NV
Highlights of The Point Of Care Ultrasound Systems 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:
- Trolley Based Devices
- Hand-held Devices
- By Application:
- Emergency medicine
- Cardiology
- Obstetrics and Gynecology
- Oncology surgery
- 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 Point Of Care Ultrasound Systems 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?
Point of care ultrasound systems are medical devices that allow healthcare professionals to perform diagnostic imaging examinations on patients without having to leave the clinical setting. These systems typically use a handheld probe that is placed against the patient's skin and sends images directly to a computer or other display device.
Some of the major companies in the point of care ultrasound systems market are Analogic Corporation, CANON MEDICAL SYSTEMS CORPORATION, ESAOTE SPA, Siemens Healthcare GmbH, GE Healthcare, Koninklijke Philips NV.
The point of care ultrasound systems market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Point Of Care Ultrasound Systems 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 Point Of Care Ultrasound Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Point Of Care Ultrasound Systems 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 Point Of Care Ultrasound Systems 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 Point Of Care Ultrasound Systems Market Size & Forecast, 2020-2028
4.5.1 Point Of Care Ultrasound Systems Market Size and Y-o-Y Growth
4.5.2 Point Of Care Ultrasound Systems 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 Trolley Based Devices
5.2.2 Hand-held Devices
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 Emergency medicine
6.2.2 Cardiology
6.2.3 Obstetrics and Gynecology
6.2.4 Oncology surgery
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Point Of Care Ultrasound Systems 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 Point Of Care Ultrasound Systems 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 Trolley Based Devices
9.6.2 Hand-held Devices
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 Emergency medicine
9.10.2 Cardiology
9.10.3 Obstetrics and Gynecology
9.10.4 Oncology surgery
9.10.5 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 Trolley Based Devices
10.6.2 Hand-held Devices
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 Emergency medicine
10.10.2 Cardiology
10.10.3 Obstetrics and Gynecology
10.10.4 Oncology surgery
10.10.5 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 Trolley Based Devices
11.6.2 Hand-held Devices
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 Emergency medicine
11.10.2 Cardiology
11.10.3 Obstetrics and Gynecology
11.10.4 Oncology surgery
11.10.5 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 Trolley Based Devices
12.6.2 Hand-held Devices
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 Emergency medicine
12.10.2 Cardiology
12.10.3 Obstetrics and Gynecology
12.10.4 Oncology surgery
12.10.5 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 Trolley Based Devices
13.6.2 Hand-held Devices
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 Emergency medicine
13.10.2 Cardiology
13.10.3 Obstetrics and Gynecology
13.10.4 Oncology surgery
13.10.5 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 Point Of Care Ultrasound Systems Market: Competitive Dashboard
14.2 Global Point Of Care Ultrasound Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Analogic Corporation
14.3.2 CANON MEDICAL SYSTEMS CORPORATION
14.3.3 ESAOTE SPA
14.3.4 Siemens Healthcare GmbH
14.3.5 GE Healthcare
14.3.6 Koninklijke Philips NV
