Market Overview:
The global portable ultrasound devices/equipment market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries, rising prevalence of chronic diseases, and technological advancements in portable ultrasound devices/equipment. Based on type, the global portable ultrasound devices/equipment market is segmented into cart-based ultrasound equipment and handheld ultrasound equipment. The cart-based ultrasound equipment segment is expected to account for the majority share of the global portable ultrasound devices/equipment market in 2018. This can be attributed to factors such as growing preference for advanced technologies and rising demand for point-of-care diagnostics. However, the handheld ultrasonography segment is projected to grow at a higher CAGR during the forecast period from 2018 to 2030 owing to its advantages such as portability and ease of use. Based on application, hospitals are estimated account for majority share of revenue generated by sale of Portable Ultrasound Devices globally followed by clinics with significant contribution coming from emerging economies across Asia Pacific region including China & India .
Product Definition:
A portable ultrasound device is a small, lightweight machine that emits sound waves to create images of the inside of the body. These machines are used to help diagnose medical conditions and guide procedures. Portable ultrasound devices are often used in emergency or rural settings where larger, more expensive machines are not available.
Cart-/Trolley-Based Ultrasound Equipment:
Cart/trolley-based ultrasound equipment is used for the diagnosis of diseases and monitoring of pregnancy. The increasing prevalence of target diseases such as cancer, kidney disorders, & cardiovascular diseases has led to a rise in demand for cart/trolley-based ultrasound devices. Moreover, technological advancements have also led to an increase in the adoption rate over the past few years.
Handheld Ultrasound Equipment:
Handheld ultrasound equipment is used for diagnostic and interventional purposes. It creates a beam of high-frequency sound waves which can be directed towards any part of the body to obtain detailed images of internal organs, tissues, blood vessels and other body parts. The transducer in the ultrasound device converts electrical energy into ultrasonic waves.
Application Insights:
Based on application, the market is segmented into hospital, clinic, and home care. The hospital segment dominated the overall industry in terms of revenue in 2017. This high share is attributable to factors such as an increase in childbirths and emergency cases that necessitate ultrasound procedures for diagnosing ailments related to the human body.
The rise in demand for highly skilled healthcare professionals has also been a major factor driving this segment growth over recent years. According to a study published by World Health Organization (WHO)in 2018, it was estimated that around 1 million people die each year due to road traffic crashes globally which accounts for 3% of all deaths worldwide every year making it one of the leading causes of death across all age groups globally along with cancer and cardiovascular diseases etcetera.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare facilities, favorable reimbursement policies, and increasing awareness regarding portable ultrasound devices are some of the major factors contributing to its growth. Moreover, growing demand for technologically advanced medical products is expected to drive regional market growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising disposable income and improving healthcare infrastructure in emerging countries such as China and India. Furthermore, an increase in geriatric population coupled with a rise in lifestyle-associated diseases will also support regional product demand during the same period.
Growth Factors:
- Increasing demand for minimally invasive surgeries: Portable ultrasound devices offer a non-invasive alternative to traditional surgical procedures, which is driving their adoption in the medical community.
- Growing demand for point-of-care diagnostics: Portable ultrasound devices are being increasingly used in point-of-care settings as they offer fast and accurate diagnostic results.
- Rising prevalence of chronic diseases: The increasing prevalence of chronic diseases such as cancer, heart disease, and diabetes is fueling the demand for portable ultrasound devices as they help in early diagnosis and treatment of these conditions.
- Technological advancements: The development of new and innovative portable ultrasound devices is helping to expand the market potential for these products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable Ultrasound Devices/Equipment Market Research Report
By Type
Cart-/Trolley-Based Ultrasound Equipment, Handheld Ultrasound Equipment
By Application
Hospital, Clinic, Home Care
By Companies
GE, Philips, Siemens, Fujifilm, Toshiba, Samsung, Hitachi, Mindray Medical, Boston Scientific, BenQ Medical, Chison, Ecare, Esaote, Telemed, Zoncare, MedGyn
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Portable Ultrasound Devices/Equipment Market Report Segments:
The global Portable Ultrasound Devices/Equipment market is segmented on the basis of:
Types
Cart-/Trolley-Based Ultrasound Equipment, Handheld Ultrasound Equipment
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
Hospital, Clinic, Home Care
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
- Siemens
- Fujifilm
- Toshiba
- Samsung
- Hitachi
- Mindray Medical
- Boston Scientific
- BenQ Medical
- Chison
- Ecare
- Esaote
- Telemed
- Zoncare
- MedGyn
Highlights of The Portable Ultrasound Devices/Equipment 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:
- Cart-/Trolley-Based Ultrasound Equipment
- Handheld Ultrasound Equipment
- By Application:
- Hospital
- Clinic
- Home Care
- 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 Portable Ultrasound Devices/Equipment 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?
Portable ultrasound devices are medical equipment that can be moved from one place to another. They are used to image the body using sound waves.
Some of the key players operating in the portable ultrasound devices/equipment market are GE, Philips, Siemens, Fujifilm, Toshiba, Samsung, Hitachi, Mindray Medical, Boston Scientific, BenQ Medical, Chison, Ecare, Esaote, Telemed, Zoncare, MedGyn.
The portable ultrasound devices/equipment market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Portable Ultrasound Devices/Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Portable Ultrasound Devices/Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Portable Ultrasound Devices/Equipment Market - Supply Chain
4.5. Global Portable Ultrasound Devices/Equipment Market Forecast
4.5.1. Portable Ultrasound Devices/Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Portable Ultrasound Devices/Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Portable Ultrasound Devices/Equipment Market Absolute $ Opportunity
5. Global Portable Ultrasound Devices/Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Portable Ultrasound Devices/Equipment Market Size and Volume Forecast by Type
5.3.1. Cart-/Trolley-Based Ultrasound Equipment
5.3.2. Handheld Ultrasound Equipment
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Portable Ultrasound Devices/Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Portable Ultrasound Devices/Equipment Market Size and Volume Forecast by Application
6.3.1. Hospital
6.3.2. Clinic
6.3.3. Home Care
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Portable Ultrasound Devices/Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Portable Ultrasound Devices/Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Portable Ultrasound Devices/Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Portable Ultrasound Devices/Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Portable Ultrasound Devices/Equipment Demand Share Forecast, 2019-2026
9. North America Portable Ultrasound Devices/Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Portable Ultrasound Devices/Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Portable Ultrasound Devices/Equipment Market Size and Volume Forecast by Application
9.4.1. Hospital
9.4.2. Clinic
9.4.3. Home Care
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Portable Ultrasound Devices/Equipment Market Size and Volume Forecast by Type
9.7.1. Cart-/Trolley-Based Ultrasound Equipment
9.7.2. Handheld Ultrasound Equipment
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Portable Ultrasound Devices/Equipment Demand Share Forecast, 2019-2026
10. Latin America Portable Ultrasound Devices/Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Portable Ultrasound Devices/Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Portable Ultrasound Devices/Equipment Market Size and Volume Forecast by Application
10.4.1. Hospital
10.4.2. Clinic
10.4.3. Home Care
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Portable Ultrasound Devices/Equipment Market Size and Volume Forecast by Type
10.7.1. Cart-/Trolley-Based Ultrasound Equipment
10.7.2. Handheld Ultrasound Equipment
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Portable Ultrasound Devices/Equipment Demand Share Forecast, 2019-2026
11. Europe Portable Ultrasound Devices/Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Portable Ultrasound Devices/Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Portable Ultrasound Devices/Equipment Market Size and Volume Forecast by Application
11.4.1. Hospital
11.4.2. Clinic
11.4.3. Home Care
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Portable Ultrasound Devices/Equipment Market Size and Volume Forecast by Type
11.7.1. Cart-/Trolley-Based Ultrasound Equipment
11.7.2. Handheld Ultrasound Equipment
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Portable Ultrasound Devices/Equipment Demand Share, 2019-2026
12. Asia Pacific Portable Ultrasound Devices/Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Portable Ultrasound Devices/Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Portable Ultrasound Devices/Equipment Market Size and Volume Forecast by Application
12.4.1. Hospital
12.4.2. Clinic
12.4.3. Home Care
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Portable Ultrasound Devices/Equipment Market Size and Volume Forecast by Type
12.7.1. Cart-/Trolley-Based Ultrasound Equipment
12.7.2. Handheld Ultrasound Equipment
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Portable Ultrasound Devices/Equipment Demand Share, 2019-2026
13. Middle East & Africa Portable Ultrasound Devices/Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Portable Ultrasound Devices/Equipment Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Portable Ultrasound Devices/Equipment Market Size and Volume Forecast by Application
13.4.1. Hospital
13.4.2. Clinic
13.4.3. Home Care
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Portable Ultrasound Devices/Equipment Market Size and Volume Forecast by Type
13.7.1. Cart-/Trolley-Based Ultrasound Equipment
13.7.2. Handheld Ultrasound Equipment
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Portable Ultrasound Devices/Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Portable Ultrasound Devices/Equipment Market: Market Share Analysis
14.2. Portable Ultrasound Devices/Equipment Distributors and Customers
14.3. Portable Ultrasound Devices/Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GE
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Philips
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Siemens
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fujifilm
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Toshiba
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Samsung
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hitachi
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mindray Medical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Boston Scientific
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. BenQ Medical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Chison
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Ecare
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Esaote
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Telemed
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Zoncare
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. MedGyn
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
