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Global Point-of-Care Ultrasound Device Market – Analysis and Forecast (2018-2024)

The global point-of-care ultrasound device market is anticipated to grow at a CAGR of 5.9% during the forecast period, with the market size anticipated to reach USD 2.9 billion by 2024. The point-of-care ultrasound device is used for the therapeutic and diagnostic point-of-care application. It is simple to operate, ensures nonusage ionizing radiation, and easy to travel in remote areas. It is used for identification of conditions such as a deep vein thrombosis, and pleural fluid, and intrauterine pregnancy.<br><br>The global point-of-care ultrasound device market is growing at a significant rate, due to the mounting occurrence of chronic diseases and expanding the geriatric population. Different portability such as compact/handheld and cart-based/trolley contributed to the point-of-care ultrasound device market size. The market has witnessed high demand for cart based/trolley due to its augmented use in acute care situation and emergency care in hospitals and healthcare institutions.

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Global Point-of-Care Ultrasound Device Market – Analysis and Forecast (2018-2024)

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  1. Global Point-of-Care Ultrasound Device Market

  2. About VynZ Research… • VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. • VynZ Research has one of the most qualified & experienced analysts, who are constantly tracking the markets and the technologies. The research team has years of proven experience and wide knowledge & understanding of the technology, application, business models, and regulators of the segments and the value chain involved. • A trusted & proven methodology that involves highest quality of primary research, secondary analysis collated & verified through various sources including cross checking with different industry experts. • Serving wide range of customers most of them from Fortune 2000 companies • With a dedicated 24x7 customer helpline our customers can reach for specifying their needs • Developing long term relationship with the clients and satisfying them is one of the crucial notches of the company. VynZ Research aims at gaining and retaining its clients in order to make long term customer relationship.

  3. Global Point-of-Care Ultrasound Device Market The global point-of-care ultrasound device market is anticipated to grow at a CAGR of 5.9% during the forecast period, with the market size anticipated to reach USD 2.9 billion by 2024. The point-of-care ultrasound device is used for the therapeutic and diagnostic point-of-care application. It is simple to operate, ensures nonusage ionizing radiation, and easy to travel in remote areas. It is used for identification of conditions such as a deep vein thrombosis, and pleural fluid, and intrauterine pregnancy.

  4. Global Point-of-Care Ultrasound Device Market Expanding geriatric population, technological advancements in point-of-care ultrasound devices, and mounting healthcare expenditure is the primary growth drivers for point-of-care ultrasound device market. For instance, according to the World Health Organization (WHO), globally in 2010 approximately 524 million people were aged 65 years and older and is expected to reach 1.5 billion in 2050. The mounting occurrence of chronic diseases, refining healthcare infrastructure in developing countries, and escalating alertness about the advantages of portable ultrasound devices are also facilitating the growth for the point-of-care ultrasound device market. For instance, according to the Centers for Disease Control and Prevention (CDC), approximately 370,000 people die annually due to coronary heart disease in the U.S. It is the most common type of heart disease in the U.S. In addition, according to the World Health Organization (WHO) globally approximately 17.7 million people died from cardiovascular diseases in 2015.

  5. Global Point-of-Care Ultrasound Device Market Asia-Pacific is observed to witness the fastest growth in the market, due to expanding the geriatric population and mounting healthcare expenditure. In addition, the mounting occurrence of chronic diseases and refining healthcare infrastructure are also creating a positive impact on the point-of-care ultrasound device market growth in the region. In March 2018, Royal Philips partnered with Innovative Imaging Technologies to integrate tele-ultrasound solution created on Philips’ Lumify portable ultrasound system. Mindray Bio-Medical Electronics Co. Ltd., Siemens AG, Koninklijke Philips N.V., General Electric Company, Canon Medical Systems Corporation, Samsung Electronics Co. Ltd., Esaote S.p.A, Hitachi Ltd., Analogic Corporation, and Fujifilm Holdings Corporation are the key players offering point-of-care ultrasound device.

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