Global Portable Ultrasound Devices Market Size & Growth Trends Analysis Report

The growing aging population and the rising incidence of chronic diseases are driving the need for more portable and easily available diagnostic equipment. Age-related illnesses like cancer, musculoskeletal ailments, and cardiovascular diseases are becoming more common as the world's population ages. Additionally, chronic conditions including kidney disease, diabetes, and high blood pressure are on the rise due to hectic lifestyles, especially in the urban areas. Portable ultrasound equipment is quite beneficial since these disorders frequently call for frequent monitoring and diagnoses. Rapid, on-the-spot evaluations made possible by portable devices allow medical professionals to keep an eye on these conditions in real-time, frequently eliminating the need for patients to travel great distances to a clinic or hospital.

The performance and usability of portable ultrasound devices have significantly increased due to advancements in ultrasound technology. As compared to older, bulkier scanners, modern gadgets provide high-quality images at a fraction of the size and expense. The portable ultrasound systems are now more dependable, user-friendly, and reasonably priced, owing to innovations such as improved transducer designs, digital signal processing, and longer battery life. Due to this, medical practitioners are using these gadgets more frequently as compared to the conventionally bigger, more costly equipment. Even in environments with limited resources, accurate diagnoses can now be provided thanks to this technical advancement. Moreover, the move to point-of-care diagnostics is promoting the use of portable ultrasound equipment, especially in distant and emergencies. Furthermore, the growing need for telemedicine and home healthcare has accelerated the use of portable ultrasound equipment, allowing for real-time imaging from any place.

Before being put on the market, portable ultrasound devices must pass strict quality and safety criteria that are monitored by regulatory agencies including the European Medicines Agency (EMA) and the U.S. Food and Drug Administration (FDA). Numerous firms are succeeding in this field, such as Butterfly Network, which created the reasonably priced Butterfly iQ, a smartphone-connected portable ultrasound instrument. Exo Imaging, which specializes in AI-powered ultrasound solutions, is another forward-thinking participant. These businesses are leading the way in innovation, increasing the effectiveness and accessibility of portable ultrasonography.

Nonetheless, the global portable ultrasound devices market is subject to several limitations. Adoption in environments with limited resources may be restricted by these devices' high initial prices and the requirement for qualified specialists to operate them. Furthermore, there are still issues with image quality when compared to bigger, conventional ultrasound devices, especially for complex diagnosis. In addition, uneven reimbursement practices and weak infrastructure in underdeveloped nations impede market expansion.

The increasing trend of integrating AI with portable ultrasound devices to improve automation and diagnostic accuracy presents market opportunities. Furthermore, there is a sizable market for these portable instruments due to the growth of healthcare services in underserved and rural areas. Another potential market for portable ultrasound devices is the growing interest in mobile healthcare apps and personalized treatment.

Impact of COVID-19

In the medical field, the COVID-19 pandemic greatly sped up the use of portable ultrasound devices. These devices were indispensable for evaluating COVID-19 patients, especially for pulmonary problems, as hospitals became overburdened and the demand for quick, transportable diagnostics increased. They are essential in emergency care because of their portability, which makes point-of-care imaging possible while minimizing infection risks and patient transportation. Additionally, the pandemic fuelled the growth of telemedicine, which allowed for remote diagnosis owing to the portable ultrasounds. The long-term demand for these devices grew as healthcare systems realized their worth in both routine and emergency care settings, despite initial supply chain difficulties that impacted production.

Segmentation

The global market for portable ultrasound devices is divided into segments based on device type, application, and end-user, with various businesses dominating each of these categories.

By device type, the market is segmented into handheld and laptop-based. Butterfly Network's Butterfly iQ, a widely utilized and reasonably priced smartphone-connected gadget, is the industry leader in the handheld ultrasound market. GE Healthcare is the leader in laptop-based ultrasound devices, providing high-quality, portable systems that deliver cutting-edge imaging in clinical settings.

By application, the market is further segmented into Cardiology, Obstetrics/Gynecology, Musculoskeletal, Abdominal, and others. Siemens Healthineers' cutting-edge portable ultrasound equipment for cardiac imaging makes it stand out in the cardiology field. Samsung Medison offers portable ultrasounds for prenatal treatment and does well in obstetrics and gynecology. In the musculoskeletal market, Fujifilm SonoSite stands out for its joint and soft tissue imaging equipment.

Based on end-users, the market is further bifurcated into ambulatory surgical centers, clinics, hospitals, and home care. Leading hospitals with adaptable portable ultrasound equipment for a range of clinical uses are GE Healthcare and Philips. Clarius Mobile Health is becoming more well-known in the home care industry owing to its portable ultrasound devices for in-home diagnostics. Devices from Fujifilm SonoSite are frequently used in ambulatory surgical centers due to their portability and simplicity of use in hectic environments.

Regional Analysis

The market for portable ultrasound devices is growing in different ways in different regions due to factors such as local demand, technical improvements, and healthcare infrastructure. The market for portable ultrasound devices is influenced by unique elements in each region, and businesses modify their products to accommodate regional infrastructure and healthcare requirements.

The market for portable ultrasound devices is dominated by North America, especially the U.S. The market expansion is fuelled by the region's robust healthcare system, widespread use of cutting-edge medical technology, and growing emphasis on point-of-care diagnostics. The leading companies in this region include Butterfly Network and GE Healthcare, which provide a variety of portable ultrasound devices for different clinical contexts. The growth is further fuelled by the strong demand for handheld devices in emergency care and remote care settings.

Another significant market for portable ultrasound equipment is Europe, which includes top nations like Germany, France, and the UK. The use of modern diagnostic techniques is driven by stringent regulatory frameworks and a strong emphasis on providing high-quality healthcare. The use of portable ultrasound devices has increased due to the region's emphasis on early disease diagnosis and the rising demand for mobile healthcare solutions. The strong competitors in the region include Siemens Healthineers and Philips Healthcare, which offer cutting-edge equipment to meet the expanding demands of European healthcare providers.

The growing healthcare infrastructure in nations like China, Japan, India, and South Korea is driving the market for portable ultrasound devices in the Asia-Pacific region. The market is driven by the increased incidence of chronic illnesses, rising government spending on healthcare, and expanding demand for reasonably priced diagnostic tools. The businesses that provide affordable, portable ultrasound equipment that meets regional healthcare demands, such as Samsung Medison and Fujifilm SonoSite, are doing well in the region. The demand is also rising as a result of the expanding telemedicine and home healthcare trends in Asia-Pacific.

With nations like Brazil and Argentina at the forefront, Latin America is becoming a rapidly expanding market for portable ultrasound equipment. The need for portable ultrasound devices is fuelled by rising healthcare costs and government initiatives to enhance diagnostic services, particularly in underserved and rural areas. Businesses such as Mindray are making a significant impact in the region by providing reasonably priced and adaptable medical equipment for both urban and rural environments.

The growing need for healthcare services in nations such as South Africa, Saudi Arabia, and the United Arab Emirates is propelling the market for portable ultrasound devices in the Middle East and Africa region. The need for portable devices is rising as a result of the necessity for point-of-care diagnostics in emergency rooms and rural areas. Despite being smaller than in other countries, the market is growing steadily owing to the initiatives to provide access to cutting-edge diagnostic equipment and growing investments in healthcare infrastructure. Leading companies in the region, Philips Healthcare and GE Healthcare concentrate on offering portable solutions to address the unique healthcare needs of the region.

Competitive Analysis

The key players in the global portable ultrasound devices market are GE HealthCare, Siemens, Koninklijke Philips N.V., Samsung Healthcare, FUJIFILM Holdings Corporation, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Canon Inc., and BenQ, among others.

Venue Sprint, an upgraded Venue non-local care ultrasound (POCUS) ultrasound system, was launched by GE HealthCare in September 2024. To deliver high-quality images, Venue Sprint integrates Venue software with enabling features. IA and provides maximum portability. Wireless probe resources are also available that work with portable ultrasound devices such as the Vscan Air, giving the clinician greater flexibility and usability.

In August 2022, Echonous and Samsung teamed together to use IA-led technologies to speed up ultrasound imaging. The goal of this partnership is to increase the ultrasound process's accuracy and usefulness. Increasing the accessibility of medical experts, and the system's incorporation of artificial intelligence, the ultimate goal of this partnership is to enhance patient care by assisting physicians in making more precise diagnoses. This illustrates how IA is still being used in medical imaging.

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The global portable ultrasound devices market is segmented as follows:

By Device Type (Revenue: USD Billion, 2019 – 2031)
●    Handheld
●    Laptop-Based

By Application (Revenue: USD Billion, 2019 – 2031)
●    Cardiology
●    Obstetrics/Gynecology
●    Musculoskeletal
●    Abdominal
●    Others

By End User (Revenue: USD Billion, 2019 – 2031)
●    Ambulatory Surgical Center (ASC)
●    Clinic
●    Hospital
●    Homecare

By Region (Revenue: USD Billion, 2019 – 2031)

● North America
o U.S.
o Canada
o Mexico

● Europe
o U.K.
o France
o Germany
o Italy
o Spain
o Rest of Europe

● Asia Pacific
o China
o Japan
o India
o South Korea
o South East Asia
o Rest of Asia Pacific

● Latin America
o Brazil
o Argentina
o Rest of Latin America

● Middle East & Africa
o GCC Countries
o South Africa
o Rest of Middle East & Africa