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21-Aug-2023

Palm-Sized Precision: Handheld Ultrasound Scanners Market Charts Path to US$ 1.1 Billion Valuation by 2032

With the introduction of Handheld Ultrasound Scanners into the market in recent years, the medical imaging landscape has undergone a revolutionary transformation. These portable devices heralded a new era in point-of-care diagnostics, allowing healthcare professionals to perform real-time imaging assessments with unprecedented ease and flexibility. The market for handheld ultrasound scanners is rapidly expanding, owing to their potential to improve patient care in a variety of medical settings.

The market’s upward trajectory is supported by a number of advantages provided by handheld ultrasound scanners. Their small size, simple interface, and wireless connectivity enable clinicians to perform quick and targeted ultrasound examinations at the patient’s bedside. This responsiveness has proven invaluable in emergency situations, critical care scenarios, and even remote or resource-limited areas.

Between 2022 and 2032, the global handheld ultrasound scanners market is expected to grow at a 9.1% CAGR, reaching US$ 472.1 Million by the end of 2022. By 2032, sales are expected to exceed a valuation of US$ 1.1 billion. The wired modality is the market leader, with an estimated 83.6% market share in 2021.

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Handheld ultrasound scanners are finding applications across a spectrum of medical specialties, further contributing to the market’s expansion. In obstetrics and gynecology, these devices offer the convenience of real-time visualization during pregnancy examinations, facilitating quicker assessments and improved patient interactions. Similarly, in cardiology, handheld ultrasound scanners enable rapid assessments of cardiac function, aiding in early diagnosis and monitoring of heart conditions. Beyond these fields, these devices are proving their worth in orthopedics, primary care, and even veterinary medicine.

One of the driving forces behind the market’s growth is continuous technological innovation. Advancements in miniaturization, imaging sensors, and data processing capabilities have led to handheld ultrasound scanners delivering high-quality images that rival those of traditional larger systems. Moreover, the integration of artificial intelligence and machine learning algorithms is enhancing diagnostic accuracy by assisting clinicians in interpreting images and detecting abnormalities.

While the handheld ultrasound scanners market holds immense promise, it also faces certain challenges. Ensuring adequate training for healthcare professionals to effectively use and interpret the technology is crucial. Additionally, maintaining a balance between portability and image quality remains an ongoing concern for manufacturers.

Looking ahead, the future of the handheld ultrasound scanners market appears promising. As technology continues to evolve, we can expect even more compact and versatile devices that cater to a broader range of medical applications. The democratization of medical imaging through handheld scanners is likely to bridge healthcare disparities and improve patient outcomes across the globe.

Key Takeways :

  1. Portability Redefining Imaging: Handheld ultrasound scanners are revolutionizing medical imaging with their compact design and point-of-care capabilities.
  2. Point-of-Care Convenience: These devices enable real-time imaging at the patient’s bedside, enhancing emergency and critical care diagnostics.
  3. Cross-Specialty Applicability: Handheld scanners find use in diverse fields like obstetrics, cardiology, orthopedics, and primary care.
  4. Technological Advancements: Continuous innovation in miniaturization and AI integration results in high-quality images and improved diagnostic accuracy.
  5. Training for Effective Usage: Adequate training is crucial for healthcare professionals to harness the full potential of handheld ultrasound scanners.
  6. Balancing Portability and Quality: Manufacturers strive to maintain a balance between device portability and image quality.
  7. Future Innovations Await: Anticipate even more compact, versatile devices with expanded medical applications.
  8. Democratizing Medical Imaging: Handheld scanners have the potential to bridge healthcare disparities and improve global patient outcomes.

Competitive Landscape :

The handheld ultrasound scanners market is highly fragmented, with a number of competitors. These companies are implementing various strategies such as mergers and acquisitions, partnerships and collaborations, and new product launches to meet rising consumer demand and expand their customer base.

Following the approval of this innovative wireless device for primary care providers by the United States Food and Drug Administration (FDA), Healcerion launched the SONON 300L handheld ultrasound device in the United States market on June 21, 2021.
Clarius Mobile Health introduced the second-generation series of wireless ultrasound scanners on October 31, 2019, bringing the functionality and image quality of larger systems into a portable, pocket-sized device.

Key Companies Profiled :

  • Clarius Mobile Health
  • Signostics Limited
  • Fujifilm SonoSite, Inc.
  • GE Healthcare
  • Hitachi Ltd.
  • Shenzhen Mindray
  • Koninklijke Philips NV
  • Fukuda Denshi Co. Ltd.
  • Samsung Healthcare
  • Signostics Inc.
  • Sonoscanner SARL
  • Mobisante, Inc.
  • Terason (Teratech corp.)
  • Shenzhen Sunway Medical Device Co., Ltd.
  • Shenzhen WELLD Medical Electronics Co., Ltd.
  • Healcerion, Co., Ltd.
  • Sonostar Technologies Co., Ltd.
  • Xuzhou Palmary Electronics Co., Ltd.
  • DGH Technology, Inc.
  • Caresono Technology CO., Ltd.
  • Shenzhen Landwind Industry Co., Ltd.

Key Segments Covered in Handheld Ultrasound Scanners Market Report

By Modality:

  • Wired
  • Wireless

By Display:

  • Black & White Display
  • Color Display

By End User:

  • Hospitals
  • Diagnostic Centers
  • Ambulatory Surgical Centers
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa (MEA)

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Last Updated: 21-Aug-2023