Press release
Global Portable Ultrasound Equipment Market: Advent of New and Effective Products to Accelerate Growth
A new market intelligence study by Transparency Market Research provides a thorough overview of the global portable ultrasound equipment market. The study, titled “Portable Ultrasound Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025,” throws light on the challenges and the growth prospects of the market. Additionally, the drivers, barriers, and the potential opportunities in the market have been addressed in the scope of the research report.The use of portable ultrasound equipment helps in early detection of diseases at an early stage. As a result, the demand for portable ultrasound equipment is estimated to rise significantly throughout the forecast period. Moreover, the growing geriatric population worldwide and the emergence of new products are estimated to encourage the growth of the overall market throughout the forecast period. The rising focus of players on creating an awareness among consumers regarding the benefits of using portable ultrasound equipment is projected to contribute towards the market’s growth in the near future.
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On the contrary, the high cost of portable ultrasound equipment and the lack of skilled personnel are the major factors that are expected to restrict the growth of the market in the forecast period. Nonetheless, the expansion of the application base and the rising level of competition are predicted to generate promising opportunities for key players in the coming years.
The global market for portable ultrasound equipment has been classified on the basis of product type into handheld or hand-operated systems, hand-carried systems, and bedside systems. The primary applications of these equipment include radiology, urology, critical care medicine, gynecology, cardiology, ophthalmology, emergency medicine, musculoskeletal, and anesthesiology. Furthermore, in terms of end use, the market has been divided into long-term care, clinics, maternity centers, home care, hospitals, ambulatory care centers, and others.
The North America market for portable ultrasound equipment is estimated to grow at a progressive rate and is likely to lead the overall market throughout the forecast period. The robust growth of this region can be attributed to the technological advancements and the favorable reimbursement policies. In addition, the growing incidences of several diseases and the rising government initiatives are some of the major factors that are anticipated to accelerate the market’s growth in the next few years. Europe is predicted to follow North America in the coming years. Furthermore, the development of the healthcare infrastructure and the increasing disposable income are likely to bolster Asia Pacific portable ultrasound equipment market in the near future.
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Some of the leading players operating in the portable ultrasound equipment market across the globe are Siemens Healthineers, GE Healthcare, Verathon, Inc., Esaote SpA, Koninklijke Philips B.V, Teratech Corporation (Terason), Hitachi Medical Systems, Mindray Medical International Limited, Signostics, Inc., Toshiba Medical Systems Corporation, FUJIFILM SonoSite, Inc., Clarius Mobile Health, and Mobisante, Inc.
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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