Point-of-Care Ultrasound Market: Trends, Growth Factors, and Forecast (2021-2028)


Posted April 24, 2023 by sswadekar

Point-of-Care Ultrasound Market size was valued at US$ 841.71 Mn in 2021 and the total revenue is expected to grow at 13.80% through 2022 to 2027, reaching nearly US$ 1828.17 Mn.
 
Point-of-Care Ultrasound Market size was valued at US$ 841.71 Mn in 2021 and the total revenue is expected to grow at 13.80% through 2022 to 2027, reaching nearly US$ 1828.17 Mn.


Point-of-Care Ultrasound Market Overview:

The market research report explores and evaluates the market’s position during the predicted period. Point-of-Care Ultrasound Market It is in-depth study that focuses on fundamental and secondary drivers, market dominance, key segments, and geographic analysis. The research also looks at notable individuals, large collaborations, mergers, and acquisitions, as well as contemporary innovation and corporate strategy.

Point-of-care ultrasound is the term for the use of a portable ultrasound by medical professionals, particularly in distant locations, for diagnosis and treatment reasons. POCUS assists in the quicker and more precise treatment of their patients in a non-invasive way, as well as reducing the travel barrier that traditional bedside ultrasound devices lacked. POCUS is useful in a variety of clinical situations and can be used in conjunction with a variety of medical equipment, such as an intensive care unit (ICU) to monitor clinical conditions, during an emergency to investigate internal or external pathological findings, and with physiological monitoring, such as hemodynamic assessment, cardiac function, and volume status.

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Market Scope:

We examined the Point-of-Care Ultrasound Market Market from every angle conceivable, including both primary and secondary research approaches. This improved our grasp of current market dynamics such as supply-demand imbalances, pricing trends, product preferences, and consumer behavior. Following that, the data is collated and evaluated utilizing a variety of market estimation and data validation procedures. In addition, we have an in-house data forecasting engine that predicts market growth until 2027.

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Segmentation:

The cart-Based category accounted for the greatest market share over the projection period. The widespread use of Point-of-care medical imaging systems in a variety of emergencies, anaesthesia, vascular access, and rising market players' investments in current trends and the introduction of new and inventive systems for Point-of-Care treatment are the main factors contributing to the market's growth. The handheld sector is projected to attract be substantial market focus in the foreseeable term. The expansion of the category is linked to the releasing of newer hand-held devices and with a broad variety of controlling options coupled with accurate results and superior outcomes. Additionally, the hand-held sector is projected to increase at a greater CAGR in the forecast future.

Due to the increasing demand for intensive care units and medical probes used in hospitals, the hospital sector held the biggest market share throughout the projection period. Over the predicted period, point-of-care ultrasound devices are in high demand due to imaging in emergency rooms. Additionally, growing disposable income of consumers and technological innovation in the field of the medical sector is further propelling the growth of the market in the predicted future. Additionally, the adoption of modern technology by the hospital authorities to give high accuracy in medical imaging systems is anticipated to increase the growth of the market in the forecast timeframe. In addition, release of new technologies by leading industry participants for instance- Butterfly Network Inc, announced the launch of

Global Point-of-Care Ultrasound Market, by Region


• North America

• Europe

• Asia Pacific

• Middle East & Africa

• South America

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Key Players:

Primbary and secondary research is used to determine market leaders, while primary and secondary research are used to compute market revenue. The core study included in-depth interviews with key thought leaders and industry specialists such as experienced front-line personnel, CEOs, and marketing professionals. In-depth interviews with important thought leaders and industry specialists, such as experienced front-line personnel, CEOs, and marketing professionals, were conducted as part of primary research, while secondary research included a study of the major manufacturers’ annual and financial reports. Secondary sources are utilized to compute percentage splits, market shares, growth rates, and global market breakdowns, which are then compared to historical data. The players highlighted in this report are as follows


• Esaote S.p.A
• Mindray Bio-Medical Electronics Co. Ltd.
• Analogic Corporation
• General Electric Company
• Siemens AG
• Fujifilm Holdings Corporation
• Samsung Electronics Co. Ltd.
• Canon Medical Systems Corporation.
• Butterfly Network Inc.
• Teknova Medical System
• Advanced Instrumentation
• DRE medical
• Landwind Medical
• EDAN instrument
• Terason Corporation
• GE healthcare
• Koninklijke Philips N.V.
• FujiFilm Sonosite
• Hitachi Ltd

Regional Analysis:


The study provides an in-depth look at the area industry, covering both qualitative and quantitative data. It provides an overview and forecast of the global Point-of-Care Ultrasound market by segment. It also provides market size and forecast estimations for five main regions from 2021 to 2027, including North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. The Point-of-Care Ultrasound market in each area is further segmented into regions and segments. The study examines and anticipates several nations, as well as current trends and opportunities in the area.

COVID-19 Impact Analysis on Point-of-Care Ultrasound Market:

We thoroughly researched and analyzed the Global Point-of-Care Ultrasound Market Development Strategy post-COVID-19, by corporate strategy analysis, landscape, type, application, and leading countries, which encompasses and analyses the global Point-of-Care Ultrasound industry’s potential, providing statistical data on market dynamics, growth factors, major challenges, PORTER analysis, and market entry strategy analysis, opportunities, and forecasts. The primary goal of the research is to provide enterprises in the industry with a strategic analysis of the impact of COVID-19. Simultaneously, this research investigated the marketplaces of significant nations and presented their market potential.

Key Questions Answered in the Point-of-Care Ultrasound Market Report are:

• What are the most potential high-growth prospects in the worldwide Point-of-Care Ultrasound industry, broken down by product category, End User, and Region?

• Which Point-of-Care Ultrasound market categories will grow the most rapidly, and why?

• Which regions will grow faster, and why?

• What are the major factors impacting Point-of-Care Ultrasound market dynamics? What are the Point-of-Care Ultrasound market’s major drivers and challenges?

• What are the business risks and dangers in the Point-of-Care Ultrasound market?

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Issued By mmr
Country India
Categories Accounting , Agriculture , Automotive
Tags pointofcare ultrasound market
Last Updated April 24, 2023