Global Portable Ultrasound Market by Device Type, by Application | 2016-2021

Posted by rohan on December 5th, 2017

According to the Global Portable Ultrasound Market Research Report, the market was worth USD 3.39 billion in 2016 and estimated to be growing at a CAGR of 7.4%, to reach USD 4.84 billion by 2021.Portable ultrasound systems have gained attention into the point-to-care market and further these devices can expand their approach into various other emerging markets. Point-to-care is an area where a medical professional is in direct contact with the patient.The portable ultrasound market has prospered over the past years. The approach of portable ultrasound lies in the prospect of using the technology wherever needed to get a fast and precise read on a patient’s condition. Portable systems are not intended for high performance but these devices need only to provide the basics to fulfil the requirements. GE Healthcare entered the market with its device VScan and Fujifilm rushed the market with advanced device like Sonosite.

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The point-to-care market is well pierced, and the portable ultrasound market as a whole endures to show robust growth. Major drivers for the portable ultrasound market are collective public-private investments, rising patient population base for chronic and lifestyle-related disorders, growing market demand for minimally invasive diagnostic and therapeutic techniques and increasing geriatric population. Major drawback of this technique is that increased connectivity via internet between medical devices and hospitals increases the risk of confidential patient data being hacked and used for illegal purposes.

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Global Portable Ultrasound Market Segmentation:                                    

  •          By Device Type                        
  •          By Application                          
  •          By End-Users                            

Based on geography the market is analyzed under various regions namely, North America, Latin America, Europe, Asia-Pacific and Middle-East & Africa. Europe accounts for the largest market share globally of the portable ultrasound market followed by North America. Asia-Pacific is poised to be the fastest-growing region in the ultrasound market during the forecast period, due to substantial growth and modernization of the healthcare infrastructure.

 

Some of the key players in the global Portable ultrasound market:

 

  •          Fujifilm Holdings Corporation (Japan),
  •          Analogic Corporation (U.S.),
  •          Esaote S.p.A. (Italy),
  •          Koninklijke Philips N.V. (Netherlands),
  •          Toshiba Corporation (Japan),
  •          Siemens AG (Germany),
  •          General Electric Company (U.S.),
  •          Samsung Electronics Co., Ltd. (South Korea),
  •          Hitachi Ltd. (Japan)
  •          Mindray Medical International Ltd. (China).

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rohan
Joined: September 20th, 2017
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