Global Portable Ultrasound Equipment Strategic Business Report 2023: Artificial Intelligence at the Forefront in New Portable Ultrasound Systems


Dublin, June 21, 2023 (GLOBE NEWSWIRE) -- The "Portable Ultrasound Equipment: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Portable Ultrasound Equipment estimated at US$1.9 Billion in the year 2022, is projected to reach a revised size of US$3.3 Billion by 2030, growing at a CAGR of 6.8% over the analysis period 2022-2030.

Cart/Trolley-Based, one of the segments analyzed in the report, is projected to record 6.9% CAGR and reach US$3 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Handheld segment is readjusted to a revised 5.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $620.1 Million, While China is Forecast to Grow at 8.5% CAGR

The Portable Ultrasound Equipment market in the U.S. is estimated at US$620.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$360.2 Million by the year 2030 trailing a CAGR of 8.5% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6% and 6.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.4% CAGR.

Select Competitors (Total 81 Featured) -

  • Canon Medical Systems Corporation
  • Clarius Mobile Health
  • Esaote SpA
  • FUJIFILM SonoSite, Inc.
  • FUKUDA DENSHI USA, INC.
  • GE Healthcare
  • Hitachi Medical Systems Europe Holding AG
  • Koninklijke Philips B.V
  • Mindray Medical International Limited
  • Samsung Healthcare
  • Siemens Healthineers AG
  • EchoNous, Inc.
  • Teratech Corporation (Terason)
  • Verathon, Inc.

Key Attributes:

Report AttributeDetails
No. of Pages430
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$1.9 Billion
Forecasted Market Value (USD) by 2030$3.3 Billion
Compound Annual Growth Rate7.1%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of COVID-19 Pandemic and Looming Global Recession
  • Imaging Screening Volume % Change 1H 2019 Vs 1H 2020 in US Hospitals
  • COVID-19 Throws Spotlight on Lung Ultrasound as Pivotal Medical Imaging Modality
  • Cardiac & Vascular Ultrasound Also Gains Prominence
  • Airway and Abdominal Ultrasound for COVID-19 Patients
  • Handheld Point of Care Ultrasound Devices Present Growth Avenues for Manufacturers
  • Tele-Ultrasound to Gain from Increasing Use of TeleHealth Services
  • Medical Ultrasound: An Overview
  • An Introduction to Portable Ultrasound Equipment
  • Major Applications of Portable Ultrasound Equipment
  • Global Market Prospects & Outlook
  • Handheld Point of Care Witnesses Significant Increase
  • Developed Markets Lead, Developing Economies to Boost Long-term Growth
  • Competition
  • Market Share of Leading Players in Global Handheld Ultrasound Equipment Market: 2020E
  • Select High-End, Mid-Range and Economy Range Portable Ultrasound Machines
  • Startups Look to Transform Portable Ultrasound Market
  • Recent Market Activity
  • Portable Ultrasound Equipment - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Portability and Convenience Advantages Boost Adoption of Portable Ultrasound Systems in Varied Applications
  • Rising Use of Ultrasound Technology for Early Disease Diagnosis Bodes Well for Portable Ultrasound Market
  • Aging Population & Rising Prevalence of Chronic Diseases Spurs Need for Portable Ultrasound Devices
  • Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
  • Elderly Population (65+ Years) as a % of Total Population by Developed, Less Developed and Least Developed Regions: 2019 & 2030
  • Global Annual Medical Cost of CVD in US$ Billion: 2010, 2015, 2020, 2025 and 2030
  • Global Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040
  • World Diabetes and Population Statistics (2019, 2030 & 2045)
  • Rise in Minimally Invasive Procedures Drive Demand for Portable Ultrasound Equipment
  • Cardiovascular Portable Ultrasound: Anytime, Anywhere Advantages of Electrocardiography Boosts Adoption
  • Global Cardiovascular Ultrasound Procedure Share (in %): 2020E
  • Fatalities by Heart Conditions: Estimated Percentage Breakdown for Cardiovascular Disease, Ischemic Heart Disease, Stroke, and Others
  • Use of Portable Ultrasound Equipment Grows in Prenatal and Antenatal Care Presents Growth Opportunities
  • Global New Births (in Millions) per Annum by Geographic Region
  • Ultrasound for Therapeutic Applications: A Niche Market for Portable Systems
  • Artificial Intelligence at the Forefront in New Portable Ultrasound Systems
  • Advancements in Compact Ultrasound Systems
  • Rising Prominence of Point of Care Ultrasound Devices Boost Market
  • Real-time 3D or 4D Ultrasound Imaging Grows in Prominence
  • Technology Advancements in Handheld Ultrasound Devices Fuels Market Growth
  • Equipment with Streamlined Workflow Processes
  • Vendors Focus on New Ways to Reconstruct Images
  • Portable Handheld Ultrasound Scanners for Detection of Coronavirus
  • Improved Electronics Drive Development of Advanced Systems
  • University of California Researchers Integrate an Ultrasound Emitting Device in LMB
  • Rise in Healthcare Expenditure to Drive Growth
  • World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
  • Elderly Healthcare Expenditure as a % of GDP

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/g1qnki

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Global Market for Portable Ultrasound Equipment

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