Europe Lead the Global Point-of-Care Ultrasound (PoCUS) Device Market Due to Technological Advancements and Aging Population
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Among the two types of PoCUS devices, the diagnostic PoCUS device segment was the larger contributor to the global PoCUS devices revenue in 2015; whereas, therapeutic PoCUS device is expected to witness the higher growth during the forecast period. Increasing adoption of therapeutic PoCUS devise for the treatment of musculoskeletal disorders is the major factor driving the growth of therapeutic PoCUS device market. Therapeutic PoCUS devices helps to relief pain and inflammation, reduce muscle spasm, speed healing and increases range of motion.
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Europe accounted for the largest share in the global market in 2015 due to the technological advancements and high compliance for portable ultrasound devices in point-of-care. The U.S., Japan and Germany were the top three market for PoCUS devices in 2015. The U.S. contributed largest revenue to global PoCUS device market. The country is expected to remain the largest market for PoCUS devices globally during the forecast period. The huge capital investments along with the significant development for portable ultrasound devices in point-of-care are the key driving factors of the U.S. PoCUS device market.
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Some of the players operating in the global market include Hitachi Ltd., Toshiba Medical Systems Corporation, Siemens AG, Koninklijke Philips N.V., Esaote SpA, General Electric Company, Samsung, Mindray Medical International Limited, FUJIFILM Holdings Corporation, and Analogic Corporation.
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Global PoCUS device market is expected to reach $3.1 billion by 2025, according to P&S Market Research.The market is mainly driven by surge in geriatric population, increasing prevalence of chronic diseases, technological advancements in PoCUS devices, increasing awareness about the benefits of portable ultrasound devices, and rising healthcare expenditure. Explore Report with Detailed TOC on “Global Point-of-Care Ultrasound (PoCUS) Device Market” at: https://www.psmarketresearch.com/market-analysis/pocus-device-market PoCUS devices are either trolley/cart-based or compact/handheld, where the