Point-of-Care Ultraosund Device Market Recent Demand and Business Outlook

Posted by Pramod Arya on February 9th, 2021

The need for increasing the efficiency and providing better patient outcomes, particularly in emergency departments, has risen considerably over the past few years. Enhancing accuracy and speed of diagnostic testing in order to minimize the delay between onset of symptoms and initiation of treatment is a major focus of researchers at the present time. Moreover, there is pressing requirement for decreasing the diagnosis time for reducing mortality and morbidity when it comes to critically ill patients. Because of these reasons, hospitals and other medicals settings are increasingly making use of point-of-care testing as it enhances operational efficiency.

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One of the devices which are extensively being utilized in healthcare settings is point-of-care ultrasound (PoCUS). These devices can help the healthcare professionals to perform an ultrasound wherever a patient is being given the treatment, including a hospital, a remote village, or an ambulance. PoCUS is accurate, swift, cost efficient, repeatable, non-invasive, without the risk of radiation, and can be utilized in both unstable and stable patients.

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PoCUS can be utilized for both diagnostic and therapeutic purposes. Diagnostic PoCUS devices were more in demand in the past due to their rising adoption for diagnosing several chronic diseases and providing accurate results. Apart from this, the requirement for therapeutic PoCUS devices is also expected to increase significantly in the coming years, on account of their non-invasive feature and their ability to relieve inflammation and pain, offer fast healing and increased range of motion, and reduce muscle spasm. PoCUS devices are further either compact/handheld or trolley/cart-based. Due to their rising utilization in emergency care and acute care settings in healthcare institutions and hospitals, the trolley/cart-based variants were more in demand in the past.

Because of surging prevalence of chronic diseases, technological advancements, and rising healthcare expenditure, Europe has been the major user of PoCUS devices in the past. Other than this, the requirement for PoCUS devices in the Asia-Pacific region is expected to increase considerable in the coming years, thereby making it the fastest growing PoCUS device market. This is on account of the strengthening of networks of international device manufacturers and growing prevalence of chronic and lifestyle associated diseases in the region. Moreover, the rising geriatric population, especially in Japan, is also creating need for different point-of-care devices.

Hence, the need for improving efficiency in emergency departments is resulting in the rising requirement for PoCUS devices.