Handheld Ultrasound Scanners Market Expected To Exhibit Double Digit Growth During The Forecast Period

The latest market report published by Acute Market Reports “Handheld Ultrasound Scanners Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026,” the global handheld ultrasound scanners market was valued at US$ 62.2 Mn in 2017 expanding at a CAGR of 17.0% from 2018 to 2026.

Market Insights

The handheld ultrasound scanners market has flourished during the last decade as number of the major medical devices companies are coming up with portable and handheld ultrasound devices. The uptake of handheld ultrasound units are growing rapidly due to low market entry barriers as regulatory scenario of portable ultrasound is not defined in many regions, advances in consumer electronics have made handheld ultrasound inexpensive to design and manufacture. Portability, easy to use, inexpensive as compared to conventional ultrasound devices are the major advantages of handheld ultrasound scanners. Moreover, handheld ultrasound scanners are equipped with minimum wires, cloud sharing facility, advanced imaging quality and battery life making ultrasound more portable and less infrastructure dependent. Handheld ultrasound scanners are becoming increasingly popular among clinicians across the globe for point-of-care diagnosis. These devices are used for imaging internal organs, cardiovascular, and gynecology imaging.

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In terms of technology, 2D ultrasound scanners held the largest share in the global handheld scanners market owing to growing demand for efficient and better imaging quality, rapid introduction of handheld 2D ultrasound products my majority of the manufacturers and higher demand for these devices by physicians. Handheld 3D ultrasound scanners are comparatively less inexpensive as compared to conventional cart based ultrasound scanners and provide same image quality. This is the prime factor for the inclination of healthcare practitioners towards handheld 3D ultrasound scanners. Thus, 3D handheld ultrasound scanners are expected to grow at steady rate during the forecast period due to its high application in point-of-care diagnostics.

In terms of geography, North America held the largest share for handheld ultrasound scanners and expected to grow at a steady rate during the forecast period. Higher adoption of novel technology and approvals of number of handheld ultrasound scanners in the region will further drive the market during the forecast period. Growing number ambulatory care centers in the U.S. will generate demand for portable ultrasound devices. Europe exhibits high potential in global handheld ultrasound scanners market. Key factors assisting the market growth in this region include growing clinical applications of high intensity focused ultrasound, commercialization of number of portable ultrasound and growing minimally invasive practices. Asia Pacific is projected to grow at rapid rate in the global handheld ultrasound scanners market owing to growth of standalone clinics and diagnostics centers in the region. Lower prices, easy availability and less skilled required to operate these products will trigger market growth in price sensitive regions like Asia Pacific. The prominent players actively participating in the handheld ultrasound scanners market include GE Healthcare, Samsung Group, Siemens Healthineers, Philips Healthcare, Clarius Mobile Health, Fujifilm SonoSite, Inc., Healcerion Co., Ltd., Sonoscanner SARL, Meditech Equipment among others.

Key Market Movements:

• Growing inclination towards handheld ultrasound scanners for point-of-care diagnostics
• Lower capital investment required for handheld ultrasound scanners compared to conventional ultrasound devices
• Growing number of diagnostics centers and ambulatory care centers globally to drive the market for handheld ultrasound scanners
• Portability and cloud connectivity features of handheld ultrasound scanners will further drive the market

The Global Handheld Ultrasound Scanners Market is Segmented into:

ATTRIBUTE	DETAILS
Research Period	2016-2026
Base Year	2017
Forecast Period	2018-2026
Historical Year	2016
Unit	USD Million
Segmentation	By Technology Type (2016–2026; US$ Mn)
	By End-User Type (2016–2026; US$ Mn)
	Geography Segment (2016–2026; US$ Mn)

*Complete segmentation list is on report page

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