Portable Ultrasound Scanners Market Set for Explosive Growth, Projected to Reach USD 3.8 Billion by 2031: Says Allied Market Research

Ultrasound is used in the most of the abdominal, gynecologic, obstetric, vascular, soft tissue, and other procedural applications. Portable ultrasound scanner is a wireless medical device that uses high frequency sound waves to emit an image of internal body parts of the person. As patient volumes continue to increase due to ageing populations and increase in co-morbidities, and budgets continue to shrink, It is evident that the portable ultrasound market is in a unique position to grow due to its cost-effective, real-time, portable solutions.

Allied Market Research has published a study report with the title Portable Ultrasound Scanners Market Size was Valued at 𝐔𝐒𝐃 𝟐.𝟐 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟏 𝐚𝐧𝐝 𝐢𝐬 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐆𝐚𝐫𝐧𝐞𝐫 𝐔𝐒𝐃 𝟑.𝟖 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟏, 𝐫𝐞𝐠𝐢𝐬𝐭𝐞𝐫𝐢𝐧𝐠 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟓.𝟖% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟐 𝐭𝐨 𝟐𝟎𝟑𝟏. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining competitive edge in the market.

𝐖𝐡𝐚𝐭 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐟𝐚𝐜𝐭𝐨𝐫𝐬 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐭𝐡𝐞 𝐏𝐨𝐫𝐭𝐚𝐛𝐥𝐞 𝐔𝐥𝐭𝐫𝐚𝐬𝐨𝐮𝐧𝐝 𝐒𝐜𝐚𝐧𝐧𝐞𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭?

Increase in number of working women across the globe, rise in healthcare expenditure by the government, favorable reimbursement scenario, and technological developments in electric breast pumps drive the demand for the global breast pumps market. However, risk of contamination with foreign substances and high pricing of breast pumps impede the market growth. On the other hand, surge in various developmental strategies among the key players, high market potential in untapped developing countries, and development of pipeline products are anticipated to pave the way for multiple opportunities in the industry.

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𝐓𝐨𝐩 𝐏𝐨𝐫𝐭𝐚𝐛𝐥𝐞 𝐔𝐥𝐭𝐫𝐚𝐬𝐨𝐮𝐧𝐝 𝐒𝐜𝐚𝐧𝐧𝐞𝐫𝐬 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 

• FUJIFILM CORPORATION
• Mindray Medical International Limited
• Koninklijke Philips NV
• Samsung Healthcare
• Canon Medical Systems Corporation
• Alpinon Medical System
• EDAN Instruments
• Zimmer MedizinSysteme GmbH
• Siemens Healthineers
• EchoNous, Inc.
• Butterfly Network
• Hitachi, Ltd.

𝐏𝐨𝐫𝐭𝐚𝐛𝐥𝐞 𝐔𝐥𝐭𝐫𝐚𝐬𝐨𝐮𝐧𝐝 𝐒𝐜𝐚𝐧𝐧𝐞𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐜𝐚𝐧 𝐛𝐞 𝐝𝐨𝐧𝐞 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐬𝐞𝐯𝐞𝐫𝐚𝐥 𝐟𝐚𝐜𝐭𝐨𝐫𝐬, 𝐢𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠:

 The report offers detailed segmentation of the global portable ultrasound scanners market based on type, application, end-user, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on the fastest-growing segments and the highest revenue generation that is mentioned in the report.

 By Type

• Mobile Ultrasound scanner
• Handheld Ultrasound scanner

 By Application

• Radiology/General Imaging
• Obstetrics/Gynecology
• Cardiology
• Urology
• Vascular
• Others

 By End User

• Hospitals and Clinics
• Diagnostic labs
• Maternity Centers
• Ambulatory Surgical Centers
• Others

Based on region, the market across North America held the dominating market share in 2021, holding around two-fifths of the global portable ultrasound scanners market, and is expected to maintain its leadership status during the forecast period. The Asia-Pacific region, on the other hand, is expected to cite the fastest CAGR of 6.8% during the forecast period.

 Key findings of the study

• By type, the mobile ultrasound scanner segment was the highest contributor to the market in 2021.
• By application, the radiology/general imaging segment was the highest contributor in 2021.
• By end user, the hospitals & clinics segment dominated the market in 2021 and is expected to continue this trend during the forecast period.
• By Region, North America garnered the largest revenue share in 2021, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period

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Our Market Research Solution Provides You Answer to Below Mentioned Question:

• Which are the driving factors responsible for the growth of market?
• Which are the roadblock factors of this market?
• What are the new opportunities, by which market will grow in coming years?
• What are the trends of this market?
• Which are main factors responsible for new product launch?
• How big is the global & regional market in terms of revenue, sales and production?
• How far will the market grow in forecast period in terms of revenue, sales and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
• How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
• Which region has more opportunities?

By Region Outlook 

• North America
  (U.S., Canada, Mexico)
• Europe
  (Germany, France, UK, Italy, Spain, Rest of Europe)
• Asia-Pacific
  (Japan, China, India, Rest of Asia-Pacific)
• LAMEA
  (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

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