Global “Portable Ultrasound Devices Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Portable Ultrasound Devices in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Portable Ultrasound Devices Market report categorizes the market based on manufacturers, regions, type, and application. Portable Ultrasound Devices Market reports offer a detailed assessment of the Portable Ultrasound Devices including enabling technologies, current market situation, market assumptions, restraining factors.
The Global Portable Ultrasound Devices market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.
The portable ultrasound devices market is expected to grow with a CAGR of 5.1% during the forecast period.
Rising Applications for Portable Ultrasound Devices Market
The introduction of the portable ultrasound devices has a variety of applications in many fields, like emergency medicine, radiology, critical care medicine and musculoskeletal. Since they are entirely new fields, they saw a huge growth and were known as emerging areas of the applications. The conventional areas of applications still have an account for 79% of the overall ultrasound diagnostic imaging devices market. The new emerging applications has reached a market share of 21% in 2015 and is expected to show a tremendous growth in the future, which will help in driving the market for Portable Ultrasound Devices.
The other factors, which are also driving the market, includes increasing advancements in the technology and increasing prevalence of chronic diseases.
High Costs of the Portable Ultrasound Systems
The cost of acquiring the portable ultrasound systems is high, considering the fact that a single device is not sufficient per hospital. A hand-held ultrasound system can cost anywhere between USD 8,000-20,000, while the price of portable bedside and hand-carried systems ranges between USD 20,000-50,000. Companies, like Philips Healthcare, are coming up with the innovative pricing solutions for high-cost issues. However, the cost of these portable ultrasound devices is not expected to come down in the near future. Therefore, this high cost is preventing the mass adoption of these devices and is restraining the growth of this market.
The other factors include lack of dedicated training programs by companies and growth of market dependent on ambulatory/remote patient care infrastructure in a country.
Europe Dominates the Market
Europe is expected to hold the largest share in the market, which is attributed to increasing incidence rates of the chronic disorders and rising demand for the advanced ultrasound systems, and the presence of the developed healthcare infrastructure is expected to propel the market in Europe. Germany was the largest market in Europe in 2015, and the market is expected to grow in the coming future. Asia-Pacific also has seen significant growth over the forecast period, due to an increase in the awareness about the ultrasound procedures and rise in the healthcare expenditure. These factors are driving the growth of the portable ultrasound devices market.
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The global Portable Ultrasound Devices market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.
Portable Ultrasound Devices Market Report covers the Top Key-players in 2021:-
- Fujifilm Sonosite Inc.
- GE Healthcare
- Hitachi Ltd.
- Fukuda Denshi
- Shenzhen Mindray
- Canon Medical Systems Corporation
- Koninklijke Philips N.V.
- Samsung Medical
- Siemens Healthcare
Highlighted points of Portable Ultrasound Devices Market Size:
- Covers the varying market dynamics of the industry.
- In-depth analysis of market risks, opportunities, limitations, and growth of the market.
- Includes market driving and restraining factors.
- Participants profiles along with product description, overview, and business data.
- Include details of five years of forecast analysis by types, regions, and applications.
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This Portable Ultrasound Devices Market Research/analysis Report Contains Answers to your following Questions
- Which Manufacturing Technology is Used for Portable Ultrasound Devices? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Portable Ultrasound Devices Market? What’s Their Company Profile, Their Product Information, Contact Information?
- What Was Global Market Status of Portable Ultrasound Devices Market? What Was Capacity, Production Value, Cost and PROFIT of Portable Ultrasound Devices Market?
- What Is Current Market Status of Portable Ultrasound Devices Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Portable Ultrasound Devices Market by Taking Applications and Types in Consideration?
- What Are Projections of Global Portable Ultrasound Devices Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
- What Is Portable Ultrasound Devices Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Portable Ultrasound Devices Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Portable Ultrasound Devices Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Portable Ultrasound Devices Industry?
Key Developments in the Portable Ultrasound Devices Market:
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Finally, the report Global Portable Ultrasound Devices Market 2021 describes the Portable Ultrasound Devices industry expansion game plan, the Portable Ultrasound Devices industry knowledge supply, appendix, analysis findings, and the conclusion.
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