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Portable Ultrasound Devices Market Size

  • Report ID: GMI9566
  • Published Date: May 2024
  • Report Format: PDF

Portable Ultrasound Devices Market Size

Portable Ultrasound Devices Market was valued at around USD 2.4 billion in 2023 and is estimated to grow at 6% CAGR from 2024 to 2032, driven by advancements in technology, increasing healthcare demands, and the need for cost-effective diagnostic solutions. Additionally, innovations in ultrasound technology, such as enhanced imaging capabilities, AI integration, and wireless connectivity, are major drivers. The increasing incidence of chronic conditions such as cardiovascular diseases, cancer, and musculoskeletal disorders necessitates frequent and early diagnostics, driving demand for portable ultrasound devices.

 

Furthermore, the trend towards point-of-care ultrasound devices, wherein healthcare is provided at the bedside or in the field, is significantly boosting the market. Portable ultrasound devices enable immediate clinical decision-making, improving patient outcomes. Compared to traditional ultrasound machines, portable devices are more affordable, both in terms of initial investment and maintenance costs. This makes them accessible to smaller clinics, rural healthcare centers, and developing regions.
 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The market size of portable ultrasound devices was reached USD 2.4 billion in 2023 and is estimated to witness 6% CAGR from 2024 to 2032 as they are designed to be easily transported and used in various settings, including hospitals, clinics, and remote or field locations.

Handheld portable ultrasound devices market size will reach USD 2.2 billion by 2032 due to growing usage in a wide range of medical settings, including point-of-care testing.

U.S. portable ultrasound devices market size is likely to exceed USD 1.3 billion by 2032, driven by technological advancements, regulatory compliance, patient safety concerns, and rise in operational efficiency needs.

Some of the key portable ultrasound devices industry players include GE HealthCare Technologies, Inc., Koninklijke Philips N.V., Siemens Healthineers AG, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Fujifilm SonoSite, Hitachi, Ltd., FUKUDA DENSHI, and Zimmer MedizinSysteme GmbH.

Portable Ultrasound Devices Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 13
  • Tables & Figures: 285
  • Countries covered: 23
  • Pages: 250
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