Europe Portable Ultrasound Devices Market was valued around US$ XX Mn by 2018 and growing at a significant CAGR over seven years forecast period 2019-2025

Europe Portable Ultrasound Devices Market was Valued at US$ XX Mn in 2018, Owing to Rise in Geriatric Population and Increaisng Prevalence of Chronic Diseases such as Cancer etc.
Analyst Speak:

“The Europe Portable Ultrasound Devices Market was valued around US$ XX Mn by 2018 and growing at a significant CAGR over seven years forecast period 2019-2025” increasing adoption or demand for minimally invasive device and rise in chronic diseases leads to the growth of the market.

The Europe portable ultrasound devices market was valued at US$ XX Mn in 2018 and growing at a significant CAGR over the forecast period due to growing number of geriatric population and increased incidence of vascular diseases coupled with adoption of vascular ultrasound for the diagnosis are major driving factors of the market over the forecast period. In addition, increasing R&D activities and advancements in technology boosts the growth of the market. However, lack of good number of skilled professionals to handle the equipment’s and high cost restrains the growth of the market.

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Europe portable ultrasound devices market segmented on the basis of device, application, and end user.

Cardiovascular Segment, by Application Type Leads the Portable Ultrasound Devices Market with highest revenue share

Based on application type, Europe portable ultrasound devices market segmented into cardiovascular, obstetrics and gynecology, musculoskeletal, and gastric. Cardiovascular segment registered highest revenue share in 2018 and expected to dominate over the forecast period due to increase in prevalence of chronic diseases such as cardiac problems and cancer and rising adoption towards minimally invasive devices boosts the growth of the market. In addition, strategic collaborations such as acquisition and mergers among the market players and increase in R&D activities fuels the growth of the market over the forecast period.
Germany Dominates the Europe Portable Ultrasound Devices Market

PBI’s Europe portable ultrasound devices market report analyses the market in different countries such as Germany, France, U.K., Italy, Spain, Russia, Poland, and Rest of Europe. According to geographical analysis, Germany dominates the revenue share in 2018 and the same trend is projected to follow over 2019-2025 due to advancements in technology and improvements in ultrasound technology and need for the accurate and early diagnosis drives the growth of the market over forecast years. France and United Kingdom expected to exhibit highest growth rate over forecast period due to increasing number of ongoing clinical research projects and collaborations among the market players fuels the growth of the market.
Partnerships and Collaborations Among the Market Players and Launch of New products and Technologies are the key strategies adopted by the market players

Market Players are increasingly adopting the strategies such as strategic partnerships and collaborations among the market players and launch of new and advanced technology based products to enhance their revenue and strengthen their position in the market. For instance, In February 2018, GE Healthcare announced the launch of its new generation of high-end radiology ultrasound system, the LOGIQ™ E10. In March 2018, GE Healthcare (US) and Trice Imaging (US) expanded their partnership for software enhancements and developments to be made for GE’s LOGIQ E10 ultrasound system.

Key player’s profiles in the report are Analogic Corporation (U.S), Esaote SpA (Italy), Fujifilm Holdings Corporation (Japan), General Electric Corporation (U.S.), Hitachi, Ltd. (Japan), Koninklijke Philips N.V. (Netherlands), Siemens Ltd. (Germany), and Toshiba Corporation (Japan).

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Precision Business Insights (PBI) in its report titled “Europe Portable Ultrasound Devices Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

Detailed Segmentation

By Device Type
o Hand Held Devices
o Mobile Devices
By Application
o Cardiovascular
o Obstetrics & Gynecology
o Musculoskeletal
o Gastric
By End User
o Hospitals
o Clinics
o Diagnostics Centers
o Others
Country

o Germany
o France
o U.K.
o Italy
o Spain
o Russia
o Poland
o Rest of Europe

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