Global Point-of-Care Ultrasound Market, By Type (Diagnostic Devices, Therapeutic Devices), Portability (Trolley Based Devices, Handheld Devices), Application (Emergency Medicine, Cardiology, Obstetrics & Gynecology, Urology, Vascular Surgery, Musculoskeletal), End-Use (Hospitals, Clinics, Maternity Centres, Ambulatory Surgical Centres), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Point-of-Care Ultrasound Market
Point-of-care ultrasound market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 3342.44 million by 2028 and grow at a CAGR of 5.03% in the above-mentioned forecast period. Rise in the adoption of point of care ultrasound in emergency department drives the point-of-care ultrasound market.
Point-of-care ultrasound can also be known as PoCUS devices and is referred to the use of portable ultrasonography at a patient’s bedside for diagnostic and therapeutic purposes. PoCUS helps medical professionals in the faster treatment of their patients with accuracy and in a non-invasive way reducing the need of the radiology department.
Increase in the birth rates all over the globe acts as the vital factor escalating the market growth, also rise in the technological innovations and advancements in point of care ultrasound systems in developed economies, rise in the disease burden, growing geriatric population base in developing regions and increase in the number of patient’s visits to ED with various health problems such as acute abdominal pain, urology problem, and chest pain are the major factors among others driving the point-of-care ultrasound market. Moreover, rise in the technological advancements and modernization in the healthcare techniques and rise in the research and development activities in the healthcare sector will further create new opportunities for point-of-care ultrasound market in the forecasted period of 2021-2028.
However, irregular reimbursement policies are the vital factor among others which will obstruct the market growth, and will further challenge the growth of point-of-care ultrasound market in the forecast period mentioned above.
Point-of-care ultrasound market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on point-of-care ultrasound market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Point-of-Care Ultrasound Market Scope and Market Size
Point-of-care ultrasound market is segmented on the basis of type, portability, application and end-use. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, point-of-care ultrasound market is segmented into diagnostic devices and therapeutic devices.
- Based on portability, the point-of-care ultrasound market is segmented into trolley based devices and handheld devices.
- Based on application, the point-of-care ultrasound market is segmented into emergency medicine, cardiology, obstetrics & gynecology, urology, vascular surgery and musculoskeletal.
- The point-of-care ultrasound market is also segmented on the basis of end-use into hospitals, clinics, maternity centres and ambulatory surgical centres.
Point-of-Care Ultrasound Market Country Level Analysis
Point-of-care ultrasound market is analysed and market size insights and trends are provided by country, type, portability, application and end-use as referenced above.
The countries covered in the point-of-care ultrasound market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the point-of-care ultrasound market due to rise in the technological innovations and advancements in point of care ultrasound systems in developed economies and rise in the disease burden Europe is the second largest region in terms of growth in point-of-care ultrasound market due to growing geriatric population base in this region. Asia-Pacific is the expected region in terms of growth in rise in the technological innovations and advancements in point of care ultrasound systems in this region.
The country section of the point-of-care ultrasound market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
Point-of-care ultrasound market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for point-of-care ultrasound market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the point-of-care ultrasound market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Point-of-Care Ultrasound Market Share Analysis
Point-of-care ultrasound market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to point-of-care ultrasound market.
The major players covered in the point-of-care ultrasound market report are GENERAL ELECTRIC, Hitachi, Ltd., Trivitron Healthcare, Hologic Inc., Siemens Healthcare GmbH, ESAOTE SPA, ALPINION MEDICAL SYSTEMS Co., Ltd, FUJIFILM Corporation, FUKUDA DENSHI, Koninklijke Philips N.V., EDAN Instruments, Inc., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Shimadzu Medical Systems USA Northwest, CANON MEDICAL SYSTEMS CORPORATION, CHISON, Mobisante, SonoScape Medical Corp and SAMSUNGHEALTHCARE among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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