According to the report "Portable Ultrasound Market” by Device Type (Mobile Ultrasound Device and Hand-held Ultrasound Device) by Application (Cardiovascular Portable Ultrasound Device, Obstetrics and Gynaecology Portable Ultrasound Device, Gastric Portable Ultrasound Device and Musculoskeletal Portable Ultrasound Device), by End Users (Hospitals and Diagnostics Center) and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021), published by Market Data Forecast, the global market is projected to reach US 4.84 Billion by 2021, at a CAGR of 7.4% from 2016 to 2021.

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Ultrasound devices are used as both diagnostic imaging and therapeutic modality and have wide range of applications in the medical field. Portable ultrasound devices are mainly used at point-of-care, as they are convenient to carry and are lighter and smaller. The new advances in portable ultrasound devices are mostly focused on improving the ruggedness of the devices, by making them apt for remote use in addition to dipping the cost involved.

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The size of portable ultrasound devices market is increasing due to the rising spectrum of applications along with growing confidence in the technology joined with the rapid imaging ability of these devices. Expensive procedures, side effects of diagnostic imaging procedures, reimbursement issues and regulatory framework concerns are the major factors hindering the growth of the market.

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Segmentation:

By Device Type:
•Mobile Ultrasound Device
•Hand-Held Ultrasound Device

By Application:
•Cardiovascular Portable Ultrasound Device
•Obstetrics and Gynaecology Portable Ultrasound Device
•Gastric Portable Ultrasound Device
•Musculoskeletal Portable Ultrasound Device

By End-Users:
•Hospitals
•Diagnostics Center

By Geography:
•North America
•Europe
•Asia-Pacific
•Latin America
•Middle-East and Africa

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Fujifilm Holdings Corporation (Japan), Analogic Corporation (U.S.), Esaote S.p.A. (Italy), Koninklijke Philips N.V. (Netherlands), Toshiba Corporation (Japan), Siemens AG (Germany), General Electric Company (U.S.), Samsung Electronics Co., Ltd. (South Korea), Hitachi Ltd. (Japan) and Mindray Medical International Ltd. (China) are some of the key players in the global ultrasound market.

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