Handheld Ultrasound Market Size, Share and Global Trend By Application (Urology/Gynaecology, Cardiology, Trauma, Oncology, Musculoskeletal), By Technology (2D scanner, 3D scanner), By End-user (Hospitals, Ambulatory surgery centers, Diagnostic centers, Others), and Regional Forecast, 2024-2032

In July 2018, Healcerion, Inc. launched Sonon 300L, the first U.S FDA approved wireless handheld ultrasound. Handheld ultrasound refers to the type of medical ultrasound systems that consists of small and light devices as compared to the console-style ultrasound systems. Handheld ultrasound devices have advantages such as real-time technological updates, enablement of easier sharing and multitasking and better image quality. These applications over old-style ultrasounds are expected to increase the adoption of the handheld ultrasound device. Additionally, handheld ultrasound device offers better connectivity systems, images taken with handheld ultrasound can be easily and speedily transmitted to any medical facility or institution around the world.

The global handheld ultrasound market is anticipated to grow, owing to a number of factors such as the increased prevalence of chronic and infectious diseases, technological advancements and rising adoption of handheld ultrasound devices. According to the American Cancer Society (ACS), in the U.S 80,000 new cases of bladder cancer are estimated to be recorded in the year 2019. Additionally, according to the American Cancer Society (ACS), it is estimated that there will be 1,735,350 new cancer cases diagnosed in 2018. These trends combined with the other factors are expected to positively drive the market growth.

The factors limiting the growth of the global handheld ultrasound market are the higher cost of handheld ultrasound, the dearth of skilled professionals and the dependency of the market on remote medical institutions.

Key Players Covered

Some of the major companies that are present in the global handheld ultrasound market are Koninklijke Philips N.V., Clarius Mobile Health, FUJIFILM SonoSite, Inc., Hitachi, Ltd., Shenzhen Mindray Bio-Medical Electronics Co., Siemens Healthcare GmbH, CANON MEDICAL SYSTEMS CORPORATION, and SAMSUNG.

SEGMENTATION

Within the application segmentation, urology/gynaecology is estimated to dominate the global handheld ultrasound market during the forecast period owing to increasing prevalence of urological and gynaecological disorders.

Key Insights

• Pricing analysis
• Regulatory scenario in key countries
• Prevalence of chronic disorders by key countries
• New product launches
• Key Industry Developments - Mergers, Acquisitions, and Partnerships, 2018

Regional Analysis

The global handheld ultrasound market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America followed by Europe are projected to account for the largest share in the global market due to factors like, increasing prevalence of chronic & acute diseases, increasing geriatric population, developed healthcare system, favorable healthcare policies, access to and high rates of adoption of advanced medical technologies and awareness of the introduction of new devices in the market. On the other hand, Asia Pacific is anticipated to be the fastest growing market due to the large population pools, increasing awareness and adoption of digital technology and rising per capita incomes.

Key Industry Developments

• In April 2019, Butterfly Network, Inc. received CE mark for the company’s Butterfly iQ handheld ultrasound device that can be connected to an iPhone for image analysis.
• In December 2016, Clarius Mobile Health Corp. announced that the company received U.S FDA approval for C3 and L7 Clarius Wireless Ultrasound Scanners that could be used with android and iOS devices.