Product Code: GVR-4-68040-006-8
Portable Ultrasound Devices Market Growth & Trends:
The global portable ultrasound devices market size is expected to reach USD 3.15 billion by 2030, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.6% from 2022 to 2030. Increased advancements in medical technology, a rise in a patient's preference for minimally invasive treatments, and extensive adoption of imaging systems in emergency care are some of the key factors driving the market.
The demand for portable imaging devices has significantly increased as a result of the rising acceptance of telemedicine and tele-ultrasound methods. To lessen the effects of COVID-19, the government made considerable expenditures on these platforms. Furthermore, wireless portable ultrasound enabled rapid diagnosis, thus reducing the rate of transmission of the virus. The organization, assessment, and diagnosis of COVID-19 patients by healthcare professionals led to a significant increase in the demand for portable ultrasounds during the pandemic.
In December 2021, GE Healthcare announced the acquisition of BK Medical. The ultrasound business of GE Healthcare is expected to expand with the acquisition. Increased capability in the advanced surgical imaging market and considerable synergies are anticipated to further reinforce BK Medical's well-known business.
Portable Ultrasound Devices Market Report Highlights:
- By product, the hand-held ultrasound segment accounted for the largest revenue share of over 55.0% in 2021 owing to the easy accessibility through the internet outside of local or specific networks
- The obstetrics/gynecology application segment dominated the market and held a revenue share of over 45.0% in 2021. Hand-held and laptop-based devices with high-end imaging techniques are crucial in most cases
- The Doppler ultrasound technology segment dominated the market and held a revenue share of over 45.0% in 2021 owing to its adoption by healthcare professionals as it is a non-invasive diagnostic procedure that uses flowing red blood cells to reflect high-frequency sound radiation to assess the blood flow in the arteries
- The hospitals and clinics end-use segment dominated the market and held a revenue share of over 55.0% in 2021 owing to its small size and clear image quality, which offers fast diagnosis in case of emergency
- North America dominated the market and accounted for a revenue share of over 40.0% in 2021 owing to the rapid advancements in the medical sector and the allocation of funds for medical R&D in the region. Asia Pacific is anticipated to expand at the fastest CAGR of 6.7% over the forecast period. This is attributed to the growing elderly population and demand for advanced healthcare devices from economies such as India, China, and Japan
Table of Contents
Chapter 1 Report Scope And Objectives
- 1.1 Market Segmentation & Scope
- 1.2 Regional Scope
- 1.2.1 Estimates And Forecast Timeline
- 1.3 Objectives
- 1.3.1 Objective - 1
- 1.3.2 Objective - 2
- 1.3.3 Objective - 3
Chapter 2 Methodology
- 2.1 Research Methodology
- 2.2 Information Procurement
- 2.2.1 Purchased Database
- 2.2.2 GVR's Internal Database
- 2.2.3 Secondary Sources
- 2.2.4 Primary Research
- 2.3 Information Or Data Analysis
- 2.3.1 Data Analysis Models
- 2.4 Market Formulation & Validation
- 2.5 Model Details 22
- 2.5.1 Commodity Flow Analysis (Model 1)
- 2.5.2 Volume Price Analysis (Model 2)
- 2.6 List Of Secondary Sources
Chapter 3 Executive Summary
- 3.1 Market Outlook
- 3.2 Segment Outlook
- 3.2.1 Type
- 3.2.2 Application
- 3.2.3 End-Use
- 3.2.4 Technology
- 3.2.5 Region
- 3.3 Competitive Insights
- 3.4 Portable Ultrasound Devices Market Outlook, 2021
Chapter 4 Market Variables, Trends & Scope
- 4.1 Market Lineage Outlook
- 4.1.1 Parent Market Outlook
- 4.2 Portable Ultrasound Devices Market Dynamics
- 4.2.1 Market Driver Analysis
- 4.2.1.1 Increasing Advancements In Medical Technology
- 4.2.1.2 A Rise In The Patient's Preference For Minimally Invasive Procedures
- 4.2.1.3 Extensive Adoption Of Imaging Devices In Emergency Care
- 4.2.1.4 Increasing Demand For Home Healthcare Settings
- 4.2.2 Market Restraint Analysis
- 4.2.2.1 Government Regulation On Product Approvals
- 4.3 Portable Ultrasound Devices Market: Business Environment Analysis Tools
- 4.3.1 Porter's Five Forces Analysis
- 4.3.1.1 Threat Of New Entrants: Low
- 4.3.1.2 Bargaining Power Of Suppliers: Low
- 4.3.1.3 Bargaining Power Of Buyers: Moderate
- 4.3.1.4 Competitive Rivalry: High
- 4.3.1.5 Threat Of Substitutes: Moderate
- 4.3.2 Pestel Analysis
- 4.3.2.1 Political & Legal
- 4.3.2.2 Economic & Social
- 4.3.2.3 Technological
- 4.4 Penetration & Growth Prospect Mapping
- 4.5 Technology Trend Analysis
- 4.6 Regulatory Framework
- 4.7 Impact Of COVID-19 On Portable Ultrasound Devices Market
Chapter 5 Portable Ultrasound Devices Market: Type Analysis
- 5.1 Portable Ultrasound Devices Type Market Share Analysis, 2021 & 2030
- 5.2 Portable Ultrasound Devices Type Market: Segment Dashboard
- 5.3 Market Size & Forecasts And Trend Analyses, 2017 To 2030 For The Product Type Segment
- 5.3.1 Hand-Held Ultrasounds
- 5.3.1.1 Hand-Held Ultrasound Market, 2017 - 2030 (USD Million)
- 5.3.2 Laptop-Based Ultrasounds
- 5.3.2.1 Laptop-Based Ultrasounds Market, 2017 - 2030 (USD Million)
Chapter 6 Portable Ultrasound Devices Market: Application Analysis
- 6.1 Portable Ultrasound Devices Application Market Share Analysis, 2021 & 2030
- 6.2 Portable Ultrasound Devices Application Market: Segment Dashboard
- 6.3 Market Size & Forecasts And Trend Analyses, 2017 To 2030 For The Application Segment
- 6.3.1 Obstetrics/Gynecology
- 6.3.1.1 Obstetrics/Gynecology, 2017 - 2030 (USD Million)
- 6.3.2 Cardiovascular
- 6.3.2.1 Cardiovascular Market, 2017 - 2030 (USD Million)
- 6.3.3 Urology
- 6.3.3.1 Urology Market, 2017 - 2030 (USD Million)
- 6.3.4 Gastric
- 6.3.4.1 Gastric Market, 2017 - 2030 (USD Million)
- 6.3.5 Musculoskeletal
- 6.3.5.1 Musculoskeletal Market, 2017 - 2030 (USD Million)
- 6.3.6 Others
- 6.3.6.1 Others Market, 2017 - 2030 (USD Million)
Chapter 7 Portable Ultrasound Devices Market: Technology Market Share Analysis
- 7.1 Portable Ultrasound Devices Technology Market Share Analysis, 2021 & 2030
- 7.2 Portable Ultrasound Devices Technology Market Size: Segment Dashboard
- 7.3 Market Size & Forecasts And Trend Analyses, 2017 To 2030 For The Technology Segment
- 7.3.1 2d Ultrasounds
- 7.3.1.1 2d Ultrasounds Market, 2017 - 2030 (USD Million)
- 7.3.2 3d & 4d Ultrasounds
- 7.3.2.1 3d & 4d Ultrasounds Market, 2017 - 2030 (USD Million)
- 7.3.3 Doppler Ultrasounds
- 7.3.3.1 Doppler Ultrasounds Market, 2017 - 2030 (USD Million)
- 7.3.4 High-Intensity Focused Ultrasounds
- 7.3.4.1 High-Intensity Focused Ultrasounds Market, 2017 - 2030 (USD Million)
Chapter 8 Portable Ultrasound Devices Market: End-Use Analysis
- 8.1 Portable Ultrasound Devices End-Use Market Share Analysis, 2021 & 2030
- 8.2 Portable Ultrasound Devices End-Use Market: Segment Dashboard
- 8.3 Market Size & Forecasts And Trend Analyses, 2017 To 2030 For The End-Use Segment
- 8.3.1 Hospitals And Clinics
- 8.3.1.1 Hospitals And Clinics Market, 2017 - 2030 (USD Million)
- 8.3.2 Home Care
- 8.3.2.1 Home Care Market, 2017 - 2030 (USD Million)
- 8.3.3 Others
- 8.3.3.1 Others Market, 2017 - 2030 (USD Million)
Chapter 9 Portable Ultrasound Devices Market: Regional Analysis
- 9.1 Portable Ultrasound Devices Regional Market Share Analysis, 2021 & 2030
- 9.2 Regional Market Snapshot
- 9.3 North America
- 9.3.1 North America Portable Ultrasound Devices Market, 2017 - 2030 (USD Million)
- 9.3.2 U.S.
- 9.3.2.1 U.S. Portable Ultrasound Devices Market, 2017 - 2030 (USD Million)
- 9.3.3 Canada
- 9.3.3.1 Canada Portable Ultrasound Devices Market, 2017 - 2030 (USD Million)
- 9.4 Europe
- 9.4.1 Europe Portable Ultrasound Devices Market, 2017 - 2030 (USD Million)
- 9.4.2 U.K.
- 9.4.2.1 U.K. Portable Ultrasound Devices Market, 2017 - 2030 (USD Million)
- 9.4.3 Germany
- 9.4.3.1 Germany Portable Ultrasound Devices Market, 2017 - 2030 (USD Million)
- 9.4.4 France
- 9.4.4.1 France Portable Ultrasound Devices Market, 2017 - 2030 (USD Million)
- 9.4.5 Italy
- 9.4.5.1 Italy Portable Ultrasound Devices Market, 2017 - 2030 (USD Million)
- 9.4.6 Spain
- 9.4.6.1 Spain Portable Ultrasound Devices Market, 2017 - 2030 (USD Million)
- 9.5 Asia Pacific
- 9.5.1 Asia Pacific Portable Ultrasound Devices Market, 2017 - 2030 (USD Million)
- 9.5.2 Japan
- 9.5.2.1 Japan Portable Ultrasound Devices Market, 2017 - 2030 (USD Million)
- 9.5.3 China
- 9.5.3.1 China Portable Ultrasound Devices Market, 2017 - 2030 (USD Million)
- 9.5.4 India
- 9.5.4.1 India Portable Ultrasound Devices Market, 2017 - 2030 (USD Million)
- 9.5.5 Latin America Portable Ultrasound Devices Market, 2017 - 2030 (USD Million)
- 9.5.6 Brazil
- 9.5.6.1 Brazil Portable Ultrasound Devices Market, 2017 - 2030 (USD Million)
- 9.5.7 Mexico
- 9.5.7.1 Mexico Portable Ultrasound Devices Market, 2017 - 2030 (USD Million)
- 9.6 Middle East And Africa (MEA)
- 9.6.1 Mea Portable Ultrasound Devices Market, 2017 - 2030 (USD Million)
- 9.6.2 South Africa
- 9.6.2.1 South Africa Portable Ultrasound Devices Market, 2017 - 2030 (USD Million)
Chapter 10 Competitive Analysis
- 10.1 Recent Developments & Impact Analysis, By Key Market Participants
- 10.2 Company Profiles
- 10.3 General Electric
- 10.3.1 Company Overview
- 10.3.2 Financial Performance
- 10.3.3 Product Benchmarking
- 10.3.4 Strategic Initiatives
- 10.4 Siemens
- 10.4.1 Company Overview
- 10.4.2 Financial Performance
- 10.4.3 Product Benchmarking
- 10.4.4 Strategic Initiatives
- 10.5 Koninklijke Philips N.V.
- 10.5.1 Company Overview
- 10.5.2 Financial Performance
- 10.5.3 Product Benchmarking
- 10.5.4 Strategic Initiatives
- 10.6 SAMSUNG 80
- 10.6.1 Company Overview
- 10.6.2 Financial Performance
- 10.6.3 Product Benchmarking
- 10.6.4 Strategic Initiatives
- 10.7 FUJIFILM Holdings Corporation
- 10.7.1 Company Overview
- 10.7.2 Financial Performance
- 10.7.3 Product Benchmarking
- 10.7.4 Strategic Initiatives
- 10.8 Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- 10.8.1 Company Overview
- 10.8.2 Financial Performance
- 10.8.3 Product Benchmarking
- 10.8.4 Strategic Initiatives
- 10.9 Canon Inc.
- 10.9.1 Company Overview
- 10.9.2 Financial Performance
- 10.9.3 Product Benchmarking
- 10.9.4 Strategic Initiatives
- 10.10 BenQ Corporation
- 10.10.1 Company Overview
- 10.10.2 Financial Performance
- 10.10.3 Product Benchmarking
- 10.10.4 Strategic Initiatives