Portable Ultrasound Scanners Market

Industry Insights

[201+ Pages Report] According to Facts and Factors, the global portable ultrasound scanners market size was valued at USD 2450.63 million in 2022 and is predicted to surpass USD 4,005.21 million by the end of 2030. The portable ultrasound scanners industry is expected to grow by a CAGR of 6.33%.

Market Overview

Portable ultrasound scanners are lightweight, compact, and mobile devices that include ultrasound technology for medical imaging purposes. These devices are in high demand across various healthcare settings because of their portability and convenience. Also, these scanners offer a large number of benefits, thereby making them ideal for emergency medicine, points of care diagnostics, and situations where large ultrasound machines may be impractical.

Key Insights

• As per the analysis shared by our research analyst, the global portable ultrasound scanners size is estimated to grow annually at a CAGR of around 6.33% over the forecast period (2023-2030).
• In terms of revenue, the global portable ultrasound scanners size was valued at around USD 2450.63 million in 2022 and is projected to reach USD 4,005.21 million by 2030.
• Rising emphasis on point-of-care diagnostics is driving the growth of global portable ultrasound scanners.
• Based on the end-users, the hospitals and clinics segment are growing at a high rate and is projected to dominate the global market.
• Based on the applications, the radiology & general imaging segment is projected to swipe the largest market share.
• Based on the types, the mobile ultrasound scanners segment is expected to dominate the global market.
• Based on region, North America is expected to dominate the global market during the forecast period.

Growth Drivers

• Rising emphasis on point-of-care diagnostics is likely to drive the growth of the global market.

The surging focus of people on point-of-care diagnosis is accentuating the importance of immediate imaging, which in turn is significantly propelling the growth of the global portable ultrasound scanners market. Also, these devices offer healthcare professionals the facility to conduct real-time diagnostic imaging at the patient’s bedside, therefore facilitating fast treatment and decision-making.

Furthermore, the ongoing advancements in technologies like the integration of advanced features, improvement in image resolutions, and miniaturization of components are also boasting the capabilities and overall performance of these scanners.

The increasing prevalence of chronic diseases like musculoskeletal disorders and cardiovascular diseases is contributing to the high demand for portable ultrasound scanners for diagnostic applications. For instance, Philips announced the launch of Lumify, a handheld point-of-care ultrasound, in February 2022. It will help clinicians to measure blood flow in therapeutics and point-of-care applications.

Restraints

• Limited imaging capabilities are likely to hamper the growth of the global market.

Portable ultrasound scanners have certain limitations in terms of imaging depth and capabilities compared to advanced ultrasound machines. This affects its sustainability in certain complex diagnostic applications, thereby slowing down the growth of the global market.

Opportunities

• Surge in telemedicine and remote monitoring is likely to foster growth opportunities in the global market.

The rise in the adoption of remote patient monitoring and telemedicine is significantly boosting the demand for these medical devices. These portable scanners help healthcare professionals perform remote diagnostics imaging and consultations.

Furthermore, the growing acceptance of these scanners is widening the scope of the global portable ultrasound scanners market. These portable ultrasound scanners have wide applications across different medical specialties like gynecology, obstetrics, emergency medicine, cardiology, and other primary care.

Also, patients are opting for non-invasive portable diagnostic options these days. These portable ultrasound scanners offer a more convenient and comfortable way of diagnosing patients, which is thriving in demand in the market. For instance, Clarius Mobile Health came up with wireless ultrasound scanners in October 2019. These scanners belong to the second-generation series to foster portable and pocket-size devices instead of larger systems.

Challenges

• Limited battery life is a big challenge in the global market.

Portable ultrasound scanners come with rechargeable batteries. However, the limited battery life presents a practical challenge in situations where access to power sources is constrained or limited. Therefore, it is likely to be a huge challenge in the portable ultrasound scanners industry.

Segmentation Analysis

The global portable ultrasound scanners market can be segmented into end-users, applications, types, and regions.

By end-users, the market can be segmented into maternity centers, diagnostic labs, hospitals & clinics, ambiguity, surgical centers, and others. The hospitals and clinics segment accounts for the largest share of the global portable ultrasound scanners market.

Hospitals and clinics have dedicated specialties and medical departments with unique diagnostic needs. These portable ultrasound scanners offer vitality. They help health professionals in each department to perform quick and convenient imaging at the point of care.

Moreover, these portable ultrasound scanners are valuable in the point of care settings within clinics and hospitals. Also, these devices help clinicians proceed with real-time imaging during the patient examination, thereby facilitating faster diagnostics and treatment decisions.

By application, the market can be segmented into vascular, urology, cardiology, gynecology, radiology & general imaging, and others. The radiology & general imaging segment is expected to be the largest contributor to the portable ultrasound scanners industry in the forthcoming years. Portable ultrasound scanners are widely used for imaging applications, including general imaging and radiology.

The portability of the scanner is highly valuable in point-of-care settings, particularly in the radiology department, to help on-the-spot imaging and lower the requirement to transport the patients to far away and separate imaging facilities. Also, the radiology clinics and departments within the hospitals need portable ultrasound scanners for conducting imaging procedures. These scanners extend their capability to offer real-time imaging.

Furthermore, these portable ultrasound scanners are highly used in outpatient imaging centers to offer general imaging and radiology services. These centers need an efficient imaging solution to improve the overall patient experience in the outpatient setting.

By type, the market can be segmented into handheld and mobile ultrasound scanners. The mobile ultrasound scanners segment is likely to swipe the largest share of the portable ultrasound scanners industry. Mobile ultrasound scanners are ideal for point-of-care applications. They allow the healthcare professionals to do diagnostics directly at the patient’s bedside.

Furthermore, the major advantage offered by these scanners is their portability. These are compact, lightweight, and well-equipped with wireless connectivity, thereby making them highly accessible for a variety of use in the healthcare environment. Moreover, there is a surging trend of home healthcare and remote care. It is further anticipated to widen the scope of these mobile medical devices like ultrasound scanners.

Report Scope

Regional Analysis

• North America to dominate the global market.

North America accounts for the largest share of the global portable ultrasound scanners market. Portable ultrasound scanners are witnessing a huge demand in the region because of their high adoption rate across medical specialties in the healthcare setting. The high demand for point-of-care diagnostics, along with an increasing focus on convenience and mobility, is further driving the growth of the market.

The ongoing technological advancements like the development of wireless ultrasound devices, improvement in imaging quality, and integration of advanced features are also contributing towards the expansion of the market. Also, the reimbursement policies in the region are likely to encourage people to buy portable scanners for their home care settings or healthcare units.

Asia Pacific is also likely to see major developments in the portable ultrasound scanners industry in the coming years because of the constantly developing healthcare infrastructure in the region. The increasing emphasis on point-of-care diagnostics and portable imaging solutions is further contributing heavily to the growth of the regional market.

These portable ultrasound scanners are vital in addressing the healthcare challenges in the remote areas of the Asia Pacific. Rising healthcare expenditure in the region is paving the way for the high growth rate of these portable ultrasound scanners in countries across the region. Nations like India and China are witnessing advancements in medical technologies, thereby adopting sophisticated devices like portable ultrasound scanners.

Also, people in the region are focusing on early and accurate diagnosis, and these portable ultrasounds can play an important role in offering quick and accessible imaging solutions in critical care situations.

Therefore, such a landscape is likely to positively impact the growth trajectory of the regional market in the forthcoming years. For instance, Healcerion revealed SONON 300L in June 2021. It is a handheld ultrasound device in the USA market. The product is approved by the US Food and Drug Administration (FDA) for primary care providers.

Competitive Analysis

The key players in the global portable ultrasound scanners market include:

• GE Healthcare
• Philips Healthcare
• Siemens Healthineers
• Fujifilm SonoSite
• Samsung Medison
• Canon Medical Systems Corporation
• Mindray
• Esaote
• Analogic Corporation
• Chison Medical Imaging Co. Ltd.
• Terason
• Clarius Mobile Health

For instance, Mindray Medical International Limited revealed the ME series, a new portable ultrasound system, in April 2020. It was made to boost clinical confidence during critical and emergency COVID-19 cases. It is now available in Europe and a few other countries on the list.

The global portable ultrasound scanners market is segmented as follows:

By End-Users Segment Analysis

• Maternity Centers
• Diagnostic Labs
• Hospitals & Clinics
• Ambiguity
• Surgical Centers
• Others

By Applications Segment Analysis

• Vascular
• Urology
• Cardiology
• Gynecology
• Radiology & General Imaging
• Others

By Types Segment Analysis

• Handheld Ultrasound Scanners
• Mobile Ultrasound Scanners

By Regional Segment Analysis

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America