The Worldwide Point-of-care Ultrasound Market is Projected to reach USD 3.2 Billion by 2030, at a CAGR of 5.5%

31-Aug-2023 | Report Format: Electronic (PDF)

Point-of-care Ultrasound Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Point-of-care Ultrasound Market size is expected to reach $3.2 billion by 2030, rising at a market growth of 13.8% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,60,085.6 units, experiencing a growth of 14.7% (2019-2022).

The Hospitals segment is leading the Global Point-of-care Ultrasound Market by End User in 2022, thereby achieving a market value of $1.8 billion by 2030. The growth of the segment is primarily a result of the intensive care units (ICUs) and emergency departments of hospitals experiencing a high demand for ultrasound imaging. Also, the demand for ultrasound systems in point-of-care applications is driven by the growing number of hospital admissions in ICU, trauma, and emergency departments due to a wide range of diseases worldwide.

The Compact & Hand-held segment would register a CAGR of 15.5% during (2023 - 2030). The expansion of the segment is mainly due to major corporations' availability of newer handheld devices and the growing demand for handheld devices throughout healthcare settings. The development of point-of-care ultrasound systems in developed nations will also be fueled by the wide range of clinical conditions in which handheld ultrasound technology can be utilized.

The North America region dominated the Global Point-of-care Ultrasound Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.2 billion by 2030. The Europe market is poised to grow at a CAGR of 13.6% during (2023 - 2030). Additionally, The Asia Pacific market would witness a CAGR of 14.4% during (2023 - 2030).

Full Report: https://www.kbvresearch.com/point-of-care-ultrasound-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of GE HealthCare Technologies, Inc., Koninklijke Philips N.V., FUJIFILM Sonosite, Inc. (Fujifilm Holdings Corporation), Alpinion Medical Systems Co., Ltd. (ILJIN Group), Hitachi, Ltd., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Terason, Healcerion Co., Ltd., Edan Instruments, Inc. and Chilson Medical Technologies Co., Ltd.

Global Point-of-care Ultrasound Market Segmentation

By End User (Volume, Units, USD Million, 2019-2030)

  • Hospitals
  • Clinics
  • Others

By Product (Volume, Units, USD Million, 2019-2030)

  • Cart-based
  • Compact & Hand-held

By Geography (Volume, Units, USD Million, 2019-2030)

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • GE HealthCare Technologies, Inc.
  • Koninklijke Philips N.V.
  • FUJIFILM Sonosite, Inc. (Fujifilm Holdings Corporation)
  • Alpinion Medical Systems Co., Ltd. (ILJIN Group)
  • Hitachi, Ltd.
  • Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
  • Terason
  • Healcerion Co., Ltd.
  • Edan Instruments, Inc.
  • Chilson Medical Technologies Co., Ltd.

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