A Glimpse of Portable Ultrasound Devices Market

Portable Ultrasound Devices Market – A Brief Description

Ultrasound is a clinical imaging technique or modality for rapid diagnosis and treatment without exposing the patients or medical personnel to ionizing radiation through a portable ultrasound machine with rechargeable batteries. Portable ultrasound is a technology of medical ultrasonography that utilizes small and little devices compared to the console style ultrasound machines used previously. The first portable ultrasound machines or units began to be commercially available in the United States during 1975.

During 1990s – the first portable ultrasound machine that could be carried in backpack was developed and from then on global portable ultrasound market grew phenomenally and was worth $3.39 billion in 2016. The portable ultrasound market is growing at a CAGR of 7.4% to reach $4.84 billion by 2021. The portable ultrasound machines are being used across limited spaces and where mobility is important or the scanning of the patient is required in demanding medical environments. Obstetricians and Gynecologists were the first specialists to start using portable ultrasound devices as these could be brought bedside and were quite affordable to be purchased for using during medical practices.

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As now, portable ultrasound devices across the globe are used in Cardiac, Radiology, Endocrine, Pediatric and OB/GYN applications. EMS (Emergency Medical Services) personnel from several developed economies such as United States, United Kingdom, France, and Germany among others are also using portable ultrasound devices.

The portable ultrasound devices market growth is driven by factors such as –
• Government recommendations for periodic ultrasound screening of the breast for breast cancer
• The use of ultrasound devices in treating prostate cancer through high-intensity focused ultrasound (HIFU), treating kidney stones and gallstones using extracorporeal shockwave lithotripsy.

• The extensive use of 2D, 3D/4D and Doppler ultrasound techniques is also contributing towards the growth of ultrasound devices market.

• The demand for handheld ultrasound devices is increasing due to shifting trends to home healthcare and remote patient monitoring through the adoption of handheld devices leading to spike in the growth of ultrasound devices market.

• Collective public-private investments in healthcare sector as well as rising patient population base suffering from chronic and life style related disorders is also one of the factors or trends leading to demand for ultrasound devices.

The latest portable ultrasound devices now incorporate with wireless features such as Bluetooth and near field communication to deliver sophisticated home-based healthcare for patients. These wireless devices are helping in increasing the mobility, connectivity and portability. Technological advances in medical equipment is also contributing towards the powering or recharging these devices using plastics and fabrics.

Segmentation of portable ultrasound devices market – an in depth analysis

The global portable ultrasound devices market segmented based on Type, Application, and End Users. Each of these segments is further divided into following products that has been shown in a tabular format as below-

Type Application End Users
Mobile Ultrasound Device Cardiovascular Hospitals
Handheld Ultrasound Device Gastric Diagnostic Centers
Cart/Trolley based ultrasound devices Musculoskeletal Home care
Other POCS  

Table: 1: Segmentation of Portable Ultrasound Devices Market

The mobile ultrasound device accounts for the largest share in the global portable ultrasound devices market. In the application segment – cardiovascular segment is the fastest growing segment of this market. Nevertheless, the demand for relatively bigger cart based scanners is escalating the rising adoption of therapeutic ultrasound devices where heavy hardware and large display scanners are needed.

Geographically, European region accounts for the largest share or dominance in the global market of portable ultrasound devices that may extend up to the year 2022. The growth in the European market is due to factors such as growing prevalence of chronic diseases in this region, increasing healthcare cost etc. The next in line in terms of market size is North America with a share of 25% in the global portable ultrasound devices.

However, Asia-Pacific region is expected to witness the fastest growth at 9.6% due to rise in the disposable income, growing awareness about health issues and a booming medical tourism industry in this region. Some of the major companies that are operating the global portable ultrasound devices market include MNCs such as-

• Siemens AG
• Fujifilm Sonosite
• General Electric Company
• Hitachi Ltd
• Boston Scientific
• Toshiba Medical Systems

The portable ultrasound devices market in future is expected to get further boost with the advancements in technology such as cloud and software that connect these devices to smartphones and tablets converting them into miniaturized user-friendly devices.

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