North America Portable Ultrasound Market is poise to reach USD 1.38 billion by 2021


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The North America Portable Ultrasound Market was worth $0.98 billion in 2016 and estimated to be growing at a CAGR of 6.97%, to reach $1.38 billion by 2021. North America is estimated to show profitable growth due to rapid development in technology and vast potential market.

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The new advances in portable ultrasound devices are mostly focused on improving the ruggedness of the devices, by making them apt for remote use in addition to dipping the cost involved. Portable ultrasound devices include wireless features like Bluetooth and near-field communication to provide refined home-based healthcare for patients. These wireless devices support increase in mobility, connectivity, and portability.

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Key factors driving the portable ultrasound market are the growing incidence of chronic diseases, refining healthcare infrastructure in developing countries, rising geriatric population, and higher healthcare expenditures. On the downside, market growth is being held back by the stern regulatory requirements for approval of portable ultrasound devices.

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Market Segmentation                                              

1)By Device Type                        

Mobile Ultrasound Device

Hand-Held Ultrasound Device       

 

2 By Application                          

Cardiovascular Portable Ultrasound Device             

Obstetrics and Gynaecology Portable Ultrasound Device  

Gastric Portable Ultrasound Device             

Musculoskeletal Portable Ultrasound Device          

 

3 By End-Users                            

Hospitals 

Diagnostics Center              

 

4 Geographical Analysis                                                

United States           

Canada        

Based on geography the market is analysed under various regions namely, USA and Canada. USA leads the North America market with highest number of shares. The fact assisting the improved assurance in this technology is the adoption of portable ultrasound devices by the United States Army for on-field usage.

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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) and Mindray Medical International Ltd. (China) are some of the key players in the global ultrasound market.

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Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.