Portable Ultrasound Devices Market Size is Projected To Reach USD 9259.5 Million By 2026 at a CAGR of 3.2% - Valuates Reports
BANGALORE, India, July 22, 2021 /PRNewswire/ -- Portable Ultrasound Devices Market by Type - Cart-/Trolley-Based Ultrasound Equipment, Handheld Ultrasound Equipment, Application - Hospital, Clinic, Home Care, Others. It is published in Valuates Reports under Medical Devices & Equipment Category.
The global Portable Ultrasound Devices Market size is projected to reach USD 9259.5 million by 2026, from USD 7408.9 million in 2019, at a CAGR of 3.2% during 2021-2026.
Major factors driving the growth of Portable Ultrasound Devices Market are:
TRENDS INFLUENCING THE GROWTH OF PORTABLE ULTRASOUND DEVICE MARKET
PORTABLE ULTRASOUND DEVICE MARKET SHARE ANALYSIS
Based on device type, the Mobile ultrasound devices segment is anticipated to account for the largest share of the ultrasound market. It is expected to have quick growth during the analysis period. Factors like hiking demand for ambulatory, obtaining attraction in the developed regions, and increasing popularity are leveling up the demand of this segment.
Based on the end-users, the hospital's segment is projected to hold the largest share during the forecasting framework. Factors like rising importance for out-patient surgery and the existence of high-end infrastructure are propelling the market demand. The availability of highly efficient and skilled professionals in the medical field also impels market growth. Diagnostic centers segment to have the fastest growth over the period.
North America currently dominates the portable ultrasound devices market and is expected to continue its stronghold for a few more years. This can be majorly attributed due to advanced health infrastructure, increasing prevalence of diseases and infections, growing emphasis on the development of innovative products, and rising number of regional companies manufacturing portable ultrasound devices.
The Asia Pacific region is also expected to grow at a high CAGR on account of improving health care infrastructure, rising disposable incomes, and public growing awareness levels.
Segment by Type
Segment by Application
Production by Region
Consumption by Region
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