Portable Ultrasound System Market research report by Future Growth Opportunities 2023-2029 | Accutome, Advanced Instrumentations, Alpinion Medical, AnaSonic

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The Global Portable Ultrasound System Market Size, Scope, and Forecast 2023-2029 report has been added to the Market research collection of Market Intelligence Data Reports. Industry experts and researchers have offered an authoritative and concise analysis of the Portable Ultrasound System Market with respect to various aspects such as growth factors, challenges, restraints, developments, and opportunities for growth. This report provides a pin-point analysis of changing dynamics and emerging trends in the Portable Ultrasound System Market. Additionally, it provides a futuristic perspective on various factors that are likely to fuel the growth of the Worldwide Portable Ultrasound System Market in the coming years.

The size of the global Portable Ultrasound System market, which was estimated at USD 1,801.5 million in 2019, is expected to increase by USD 1,810.9 million in 2020 and USD 3,897.0 million in 2029, for a compound annual growth rate (CAGR) of 13.7% between 2020 and 2026. According to our analysis, the market will grow by 0.5% less in 2020 than it did on average between 2016 and 2019. The impact of COVID-19 on the world has been unprecedented and staggering, and the pandemic has had a negative effect on demand for portable ultrasound in every region. When the pandemic is over, this market's demand and growth will resume to pre-pandemic levels, which will explain the increase in CAGR.

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Some of the key players profiled in the study are Accutome, Advanced Instrumentations, Alpinion Medical, AnaSonic, BARD Access Systems, CAREWELL, CHISON Medical Imaging, DRAMINSKI, DRE Medical, EDAN INSTRUMENTS, GE Healthcare, Healcerion, HITACHI Medical Systems, Kalamed, Landwind Medical, Mindray, Philips Healthcare, Progetti S.r.l., Promed Group, ShenzhenBestmanInstrument, Teknova Medical Systems, Zimmer and other Prominent players.

Key Developments:

May 2020 - Philips received approval for ultrasound solutions to manage COVID-19-related lung and cardiac complications from the U.S. Food and Drug Administration (FDA). The portfolio includes ultrasound systems including the EPIQ series, Affiniti series, Lumify, CX50, and Sparq diagnostic ultrasound systems.

Tokyo, March 11, 2020 --- Hitachi, Ltd. ("Hitachi") announced the launch of the ARIETTA 750, the new model from the ARIETTA's diagnostic ultrasound platform series, and the start of its international sales. Its sales in Japan start from May, 2020. ARIETTA 750 follows the concept of ARIETTA 850, the flagship model of the ARIETTA line, and supports state-of-the-art image processing technologies and applications. This high-end ultrasound platform flexibly meets the demands in various clinical fields.

Competition is an important issue in any market research analysis. With the help of the competitive analysis provided in the report, players can easily study the key strategies employed by leading players in the Portable Ultrasound System market. The major and emerging players of the Portable Ultrasound System Market are closely studied considering their market share, production, sales, revenue growth, gross margin, product portfolio, and other important factors. This will help players familiarize themselves with the movements of their toughest competitors in the Portable Ultrasound System market.

The segmental analysis section of the report includes a thorough research study on key type and application segments of the Portable Ultrasound System market

Portable Ultrasound System Market (By Types)

Trolley

Hand-held

Portable Ultrasound System Market (By Application)

Multipurpose Ultrasound Imaging

Gynecological and Obstetric Ultrasound Imaging

Anesthetic and Intensive Care Ultrasound Imaging

Ophthalmic Ultrasound Imaging

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Important years considered in the Portable Ultrasound System study:

Historical year - 2017-2021;
Base year - 2022;
Forecast period** - 2023 to 2029 [** unless otherwise stated]

If opting for the Global version of Portable Ultrasound System Market; then the below country analysis would be included:

- North America (The market size in North America stood at USD 733.5 million in 2019. The region is projected to become the largest market in the forecast period. The contributive factor for the dominant share includes the higher adoption of the technologically advanced portable ultrasound. Other critical factors include the high and sustained demand for accurate medical imaging due to the increased prevalence of critical illnesses such as cancers. For instance, according to the Global Cancer Observatory (GLOBOCAN), in 2020, it was estimated that the United States would record approximately 2,281,658 new cases of cancer in 2020.)

- Europe (Europe is estimated to be the second-largest market in the forecast period. Some of the reasons for the region's significant market share include a higher medical expenditure in the region's major countries, coupled with new product launches. For instance, in April 2020, Mindray Medical announced the launch of its new portable ultrasound, ME series, for the enhancement of clinical confidence during critical and emergency COVID-19 cases in Europe.)

- Asia-Pacific (The Asia Pacific region is projected to record the highest CAGR in the forecast period due to factors such as the increased demand for effective medical imaging, strong potential patient base, and improving healthcare expenditure. Developing regions of Latin America and the Middle East & Africa recorded a comparatively lower market share in the forecast period but are projected to witness strong growth prospects in the upcoming years due to the significant improvement in the healthcare infrastructure of these emerging regions, coupled with the increasing adoption of technologically advanced imaging systems.)

- South America (Brazil, Argentina, Chile, Colombia, the Rest of the countries, etc.)

- the Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)

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Reasons to Procure this Report:

The research would help top administration/policymakers/professionals/product advancements/sales managers and stakeholders in this market in the following ways.

The report provides Portable Ultrasound System market revenues at the worldwide, regional, and country levels with a complete analysis to 2029 permitting companies to analyze their market share and analyze projections, and find new markets to aim for.

The research includes the Portable Ultrasound System market split by different types, applications, technologies, and end-uses. This segmentation helps leaders plan their products and finances based on the upcoming development rates of each segment.

Portable Ultrasound System market analysis benefits investors by knowing the scope and position of the market giving them information on key drivers, challenges, restraints, and expansion chances of the market and moderate threats.

This report would help to understand competition better with a detailed analysis and key strategies of their competitors and plan their position in the business.

The study helps evaluate Portable Ultrasound System business predictions by region, key countries, and top companies' information to channel their investments.

What is new in 2023?

- Major developments that can change the business landscape as well as market forecasts.

- Addition/refinement in segmentation-Increase in depth or width of segmentation of the market.

- Coverage of new market players and change in the market share of existing players of the Portable Ultrasound System market.

- Updated financial information and product portfolios of players operating in the Portable Ultrasound System market.

- Updated market developments of the profiled players.

- Any new data points/analysis (frameworks) which was not present in the previous version of the report

The new edition of the report consists of trends/disruptions on customer's business, tariff and regulatory landscape, pricing analysis, and a market ecosystem map to enable a better understanding of the market dynamics for Portable Ultrasound System.

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