Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Portable Ultrasound Devices Market Size, Share, Growth, Trends, and Industry Analysis: By Device Type, By Application, By Technology, By End User and Region Forecast 20191-2030
Portable Ultrasound Devices Market size was valued at US$ 5.19 billion in 2023 and is expected to grow at a CAGR of 5.3% from 2024-2030. Portable ultrasound is an imaging medical device uses the high-frequency sound waves to visualize the internal body organs. Portable ultrasound devices incorporate wireless features such as bluetooth and near-field communication to deliver sophisticated home-based healthcare for patients. Such wireless devices help increase mobility, connectivity, and portability. The market contains a probe for the transmission of high-frequency ultrasonic sound waves into the patient's body. These high-frequency sound waves reflected by body organs into the probe and are transmitted to a display and generate the image by using echoes. The portable ultrasound machine system is used to visualize kidneys, liver cancer treatment, human fetus, heart, blood vessels, and other internal organs. Major technological development in the portable ultrasound devices is increasing device ruggedness. These devices are commonly used in wide range of areas including emergency medicine, musculoskeletal imaging, among others.
The global market is driven by increased use gadgets, which offer a wide range of benefits. It aids in immediate diagnosis and does not necessitate specialised space, which is beneficial in serious medical settings such as the emergency department (ER) and intensive care unit (ICU), where patients are extremely vulnerable to being moved from one room to another for further examination. The high cost of portable ultrasound systems, on the other hand, may stymie the market for portable ultrasound devices. Lack of specialised training programmes and industry expansion reliance on ambulatory/remote patient care infrastructure are two more concerns that could stymie growth potential. Furthermore, lower ultrasound device prices may help to boost expansion opportunities.
Study Period
2024-2030Base Year
2023CAGR
5.3%Largest Market
North AmericaFastest Growing Market
Asia Pacific
The market is growing at a significant CAGR due to the increase in the geriatric population and rising in the prevalence of various chronic diseases such as cancer, diabetes, and various cardiovascular diseases. Increase in the spectrum of applications, and technology advancement in the manufacturing of portable ultrasound devices (3D and 4D) are the key drivers affecting the growth of the market. Similarly, increase in public-private partnership investments, rise in preference for minimally or non-invasive therapeutic and diagnostic techniques, higher healthcare expenditures might fuel the growth of the market. Moreover, increase in diagnostic imaging procedures by using ultrasound device, and increase in awareness for early disease detection are expected to boost the growth of the market. However, high cost for the portable ultrasound devices, risk of patient data storage, lack of skilled and experienced sonographers, and stringent regulatory policies for product approval are hampering the market growth.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 5.19 billion |
Market CAGR |
5.3% |
By Device type |
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By Application |
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By Technology |
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By End User |
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By Region |
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The global Portable Ultrasound Devices Market size was valued at US$ 5.19 billion in 2023 and is expected to grow at a CAGR of 5.3% from 2024-2030.
The market key players are: Fujifilm Holdings Corporation (Japan) Esaote SpA (Italy) Analogic Corporation (U.S) Koninklijke Philips N.V. (Netherlands) Siemens Ltd. (Germany) Hitachi, Ltd. (Japan) Toshiba Corporation (Japan) General Electric Corporation (U.S.) Mindray Medical International Ltd (China)
The market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
1.Executive Summary |
2.Global Portable Ultrasound Devices Market Introduction |
2.1.Global Portable Ultrasound Devices Market - Taxonomy |
2.2.Global Portable Ultrasound Devices Market - Definitions |
2.2.1.Device type |
2.2.2.Application |
2.2.3.Technology |
2.2.4.End User |
2.2.5.Region |
3.Global Portable Ultrasound Devices Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Portable Ultrasound Devices Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Portable Ultrasound Devices Market By Device type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Bedside Devices, |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Trolley/Cart Based Devices, |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Handheld Devices |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
6.Global Portable Ultrasound Devices Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Traditional Areas, |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Emerging Areas |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
7.Global Portable Ultrasound Devices Market By Technology, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. Diagnostics Portable Ultrasound Devices, |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Therapeutics Portable Ultrasound Devices |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
8.Global Portable Ultrasound Devices Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. Hospitals, |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Diagnostic Centres, |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Ambulatory Care Centres, |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Others |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
9.Global Portable Ultrasound Devices Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. North America |
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.1.3. Market Opportunity Analysis |
9.2. Europe |
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.2.3. Market Opportunity Analysis |
9.3. Asia Pacific (APAC) |
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
9.4. Middle East and Africa (MEA) |
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.4.3. Market Opportunity Analysis |
9.5. Latin America |
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.5.3. Market Opportunity Analysis |
10.North America Portable Ultrasound Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Device type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Bedside Devices, |
10.1.2.Trolley/Cart Based Devices, |
10.1.3.Handheld Devices |
10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Traditional Areas, |
10.2.2.Emerging Areas |
10.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Diagnostics Portable Ultrasound Devices, |
10.3.2.Therapeutics Portable Ultrasound Devices |
10.4. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Hospitals, |
10.4.2.Diagnostic Centres, |
10.4.3.Ambulatory Care Centres, |
10.4.4.Others |
10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.5.1.United States of America (USA) |
10.5.2.Canada |
11.Europe Portable Ultrasound Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Device type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Bedside Devices, |
11.1.2.Trolley/Cart Based Devices, |
11.1.3.Handheld Devices |
11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Traditional Areas, |
11.2.2.Emerging Areas |
11.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Diagnostics Portable Ultrasound Devices, |
11.3.2.Therapeutics Portable Ultrasound Devices |
11.4. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.Hospitals, |
11.4.2.Diagnostic Centres, |
11.4.3.Ambulatory Care Centres, |
11.4.4.Others |
11.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.5.1.Germany |
11.5.2.France |
11.5.3.Italy |
11.5.4.United Kingdom (UK) |
11.5.5.Spain |
12.Asia Pacific (APAC) Portable Ultrasound Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Device type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Bedside Devices, |
12.1.2.Trolley/Cart Based Devices, |
12.1.3.Handheld Devices |
12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Traditional Areas, |
12.2.2.Emerging Areas |
12.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Diagnostics Portable Ultrasound Devices, |
12.3.2.Therapeutics Portable Ultrasound Devices |
12.4. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.Hospitals, |
12.4.2.Diagnostic Centres, |
12.4.3.Ambulatory Care Centres, |
12.4.4.Others |
12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.5.1.China |
12.5.2.India |
12.5.3.Australia and New Zealand (ANZ) |
12.5.4.Japan |
12.5.5.Rest of APAC |
13.Middle East and Africa (MEA) Portable Ultrasound Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
13.1. Device type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Bedside Devices, |
13.1.2.Trolley/Cart Based Devices, |
13.1.3.Handheld Devices |
13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Traditional Areas, |
13.2.2.Emerging Areas |
13.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Diagnostics Portable Ultrasound Devices, |
13.3.2.Therapeutics Portable Ultrasound Devices |
13.4. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Hospitals, |
13.4.2.Diagnostic Centres, |
13.4.3.Ambulatory Care Centres, |
13.4.4.Others |
13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.5.1.GCC Countries |
13.5.2.South Africa |
13.5.3.Rest of MEA |
14.Latin America Portable Ultrasound Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
14.1. Device type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.1.1.Bedside Devices, |
14.1.2.Trolley/Cart Based Devices, |
14.1.3.Handheld Devices |
14.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.2.1.Traditional Areas, |
14.2.2.Emerging Areas |
14.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.3.1.Diagnostics Portable Ultrasound Devices, |
14.3.2.Therapeutics Portable Ultrasound Devices |
14.4. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.4.1.Hospitals, |
14.4.2.Diagnostic Centres, |
14.4.3.Ambulatory Care Centres, |
14.4.4.Others |
14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.5.1.Brazil |
14.5.2.Mexico |
14.5.3.Rest of LA |
15. Competition Landscape |
15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
15.2.1.Fujifilm Holdings Corporation (Japan) |
15.2.2.Esaote SpA (Italy) |
15.2.3.Analogic Corporation (U.S) |
15.2.4.Koninklijke Philips N.V. (Netherlands) |
15.2.5.Siemens Ltd. (Germany) |
15.2.6.Hitachi, Ltd. (Japan) |
15.2.7.Toshiba Corporation (Japan) |
15.2.8.General Electric Corporation (U.S.) |
15.2.9.Mindray Medical International Ltd (China) |
16. Research Methodology |
17. Appendix and Abbreviations |
Key Market Players