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Latin America Portable Ultrasound Market Size, Share, Growth, Trends, and Forecasts (2016–2021)
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Portable ultrasound devices are medical imaging devices that operate echo-enhanced ultrasound waves for diagnostic resolutions. Portable ultrasound devices can be used at Point of care and can be functioned on battery power. They are lighter and smaller than conventional ultrasound machines. Due to the introduction of portable ultrasound imaging devices, the range of applications has prolonged to many areas like emergency medicine, critical care medicine and musculoskeletal.
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The size of portable ultrasound devices market is increasing due to the rising spectrum of applications along with growing confidence in the technology joined with the rapid imaging ability of these devices. While the high cost of portable ultrasound Systems along with lack of dedicated trained professionals are hindering the growth of this market.
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The Latin America portable ultrasound market is segmented on the basis of type of devices into Mobile Ultrasound Devaice and Hand-held Ultrasound Device. Based on application, market is segregated into Cardiovascular Portable Ultrasound Device, Obstetrics and Gynaecology Portable Ultrasound Device, Gastric Portable Ultrasound Device and Musculoskeletal Portable Ultrasound Device. By End Users the market is bifurcated into hospitals and diagnostics center. The Mobile ultrasound devices segment is anticipated to account for the largest share of the ultrasound market. Cardiology application is expected to be the fastest growing segment during forecast period.
Based on geography the market is analysed under various regions namely, Mexico, Argentina and Brazil. Currently, the Latin American market is dominated by Brazil followed by Mexico.
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FUJIFILM Holdings Corporation (Japan), Analogic Corporation (U.S.), Esaote S.p.A. (Italy), Koninklijke Philips N.V. (Netherlands), Toshiba Corporation (Japan), Siemens AG (Germany), General Electric Company (U.S.), Samsung Electronics Co., Ltd. (South Korea), Hitachi Ltd. (Japan) and Mindray Medical International Ltd. (China) are some of the key players in the global ultrasound market.
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