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Point of Care Ultrasound (POCUS) Market Trends

Report ID: GMI3325
Published Date: Jul 2023
Report Format: PDF

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Point of Care Ultrasound Market Trends

The ongoing R&D activities in the medical sector along with technical developments in ultrasound systems will augment the industry outlook. To cite an instance, recent research published in the African Journal of Emergency Medicine in 2023, recommends employing point-of-care ultrasonography to detect patients with low oxygen levels in resource-limited emergency settings. Furthermore, the rising demand for mobile POCUS devices or systems to improve patient outcomes and operational efficiency coupled with the continued efforts by prominent industry players to enhance and improve the performance of diagnostic ultrasound devices.

Authors: Mariam Faizullabhoy , Pratiksha Kamthe

Frequently Asked Questions (FAQ) :

Global market size for point of care ultrasound was USD 3.5 billion in 2022 and is estimated to grow at 6.9% CAGR up to 2032 owing to the increasing birth rates globally.

Trolley-based point of care ultrasound industry is poised to witness 6.2% CAGR by 2032 owing to rising usage in emergency care rooms attributed to their ease of usage and built-in advanced features of these devices.

North America accounted for 33.6% revenue share of the market in 2022 and is poised to amass USD 2.3 billion by 2032 driven by the increasing prevalence of chronic diseases and the presence of top industrial players across the region.

Some of the major industry players are GE Healthcare, B. Braun SE, Samsung MEDISON (SAMSUNG Healthcare), Esaote SpA, Canon Medical Systems, Fujifilm, Shenzhen Mindray Bio- Medical Electronics, Siemens Healthineers, Koninkijke Philips N.V., and FUKUDA DENSHI.