Handheld Ultrasound Scanner Market to Reach $3.8 Billion by 2031, According to Allied Market Research

Handheld Ultrasound Scanner Market to Reach $3.8 Billion by 2031, According to Allied Market Research

The increase in the prevalence of the targeted diseases, the increase in the cases of trauma and accidents among people, the increase in the geriatric population throughout the world and the prevalence of an unhealthy and sedentary lifestyle among people are driving the growth of the global portable ultrasound scanners market. Increase in the number of diagnostic procedures and increase in innovations in diagnostic devices during the pandemic has had a positive impact on the growth of the market.

PORTLAND, Oregon., November 22, 2022 /PRNewswire/ — According to the report released by Allied Market Research, the global portable ultrasound scanner market generated $2.2 billion in 2021, and should reach $3.8 billion by 2031, growing at a CAGR of 5.8% from 2022 to 2031. The report offers a detailed analysis of key winning strategies, changing market trends, market size and estimates, value chain, key investment pockets, drivers and opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, early adopters and stockholders in introducing necessary strategies for the future and taking essential actions to significantly strengthen and increase their position in the market.

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Report coverage and details:

Report cover

Details

Forecast period

2022–2031

base year

2021

Market size in 2021

$2.2 billion

Market size in 2031

$3.8 billion

CAGR

5.8%

Number of pages in the report

314

Segments Covered

Type, application, end user and region

Drivers

Increase in the prevalence of targeted diseases

Increase in cases of injuries and accidents among people

Opportunities

Rise of the geriatric population in the world

Prevalence of unhealthy and sedentary lifestyles among people

holds back

Exorbitant cost of luxury jewelry

Limited to specific consumers

COVID-19 scenario:

  • The COVID-19 outbreak has had a positive impact on the growth of the global portable ultrasound scanners market, owing to an increase in the number of diagnostic procedures adopted by patients.

  • Additionally, increase in innovations in diagnostic devices and rise in demand for wearable devices have boosted the growth of the market. Modern portable and ultra-portable ultrasound technology has many favorable features that have led to increased demand.

  • Easy bedside portability, long battery life and the ability to connect to smartphones and tablets make them suitable even in remote areas. The small dimension is also a concurrent feature to allow easy disinfection procedure, which was crucial since the pandemic. Thus, the market is expected to grow rapidly even after the pandemic.

The report offers a detailed segmentation of the global portable ultrasound scanners market on the basis of type, application, end-user, and region. The report provides a comprehensive analysis of each segment and their respective sub-segment using graphical and tabular representation. This analysis can essentially help market players, investors and new entrants to determine and design strategies based on the fastest growing and highest revenue generating segments mentioned in the report.

Based on type, mobile ultrasound segment held the dominant market share in 2021, holding nearly three-fifths of the global portable ultrasound scanner market, and is expected to maintain its leading status during the forecast period. The portable ultrasound segment, on the other hand, is expected to quote the fastest CAGR of 6.3% during the forecast period.

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Based on applications, the radiology/general imaging segment held the largest market share in 2021, holding nearly a third of the global portable ultrasound scanner market, and is expected to maintain its leading status during the forecast period. Also, the same segment is expected to quote the fastest CAGR of 6.8% during the forecast period. The report also analyzes other segments such as Obstetrics/Gynecology, Cardiology, Urology, Vascular and others.

On the basis of end-user, the hospital and clinic segment held the dominant market share in 2021, holding nearly one-third of the global portable ultrasound scanner market, and is expected to maintain its leading status during the period. forecast. Also, the same segment is expected to quote the fastest CAGR of 6.5% during the forecast period. The report also analyzes other segments such as diagnostic laboratories, maternity centers, outpatient surgery centers and others.

Based on the region, the market across North America held the dominant market share in 2021, holding around two-fifths of the global portable ultrasound scanners market, and is expected to maintain its leading status during the forecast period. The Asia Pacific The region, on the other hand, is expected to quote the fastest CAGR of 6.8% during the forecast period.

Key players analyzed in the Global Portable Ultrasound System Market report are FUJIFILM CORPORATION, Mindray Medical International Limited, Koninklijke Philips NV, Samsung Healthcare, Canon Medical Systems Corporation, Alpinon Medical System, EDAN Instruments, Zimmer MedizinSysteme GmbH, Siemens Healthineers, EchoNous , Inc., Butterfly Network, Hitachi, Ltd.

The report analyzes these key players of the global portable ultrasound scanners market. These market players have effectively used strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to maximize their foothold and prowess in the industry. The report is useful for analyzing recent developments, product portfolio, business performance, and operating segments of major market players.

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About Us

Allied Market Research (AMR) is a full-service market research and business advisory division of Allied Analytics LLP based in Portland, OR. Allied Market Research provides global corporations as well as small and medium enterprises with unrivaled quality of “market research reports” and “Business Intelligence solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market area.

Pawan Kumar, CEO of Allied Market Research, leads the organization in delivering high quality data and insights. We maintain professional relationships with various companies which helps us to extract market data which helps us to generate accurate research data tables and confirm the utmost accuracy of our market predictions. All data presented in the reports we publish are drawn from primary interviews with senior managers of large companies in the relevant field. Our secondary data sourcing methodology includes extensive online and offline research and discussions with knowledgeable industry professionals and analysts.

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