DUBLIN – (COMMERCIAL THREAD)–The “Point-of-Care Ultrasonic Devices Market Research Report: By Type, Portability, Application – Global Industry Revenue Estimation and Demand Forecast to 2030” the report was added to ResearchAndMarkets.com offer.
Global point-of-care ultrasound devices market revenue is forecast to increase to $ 4,546.5 million by 2030, from $ 2,186.8 million in 2020, at a CAGR of 7.9% between 2021 and 2030.
The burgeoning geriatric population will increase the point-of-care ultrasound (PoCUS) market to $ 4,546.5 million by 2030.
The impact of COVID-19 on the point-of-care ultrasonic device market has been negative due to the closure of manufacturing facilities. In addition, almost all healthcare resources have been diverted to tackling the pandemic, which is why most diagnostic imaging facilities have been closed, with the exception of COVID patients.
The diagnostic bifurcation had the largest share of the PoCUS device market, on a type basis, in the past. Such devices are increasingly used to assess left ventricular systolic function and diagnose severe mitral regurgitation, pericardial effusion, pleural effusion, pulmonary edema and pneumothorax.
In the coming years, the portability segment of the point-of-care ultrasonic device market will be dominated by the cart / cart-based fork. These devices are widely used in hospitals because they can be easily transported from one location to another, for example between radiology departments and emergency rooms (ER).
The highest CAGR in the PoCUS device market, in the application segment, will likely be seen in the emergency medicine category. As moving the patient from the emergency room to the ultrasound department can be a waste of valuable time, portable ultrasound devices are used at the patient’s bedside to gain immediate clinical information, increase efficiency, improve patient safety, and reduce the risk of complications.
Europe has generated the highest revenue in the point-of-care ultrasound device market so far due to the increasing incidence of chronic diseases, healthcare spending and geriatric population and rapid technological advancements in radiology, as a whole. The UN says the region’s geriatric population will grow from 140.4 million in 2019 to 199.9 million by 2050, increasing the volume of ultrasound procedures.
Asia Pacific (APAC) will be the fastest growing PoCUS device market in the coming years due to increasing demand for point-of-care treatment and diagnostics, increasing healthcare spending and the increase in chronic and lifestyle diseases. . In addition, the aging population in Asia is expected to reach 954.6 million by 2050 compared to 395.3 million in 2019, according to the UN.
The major players in the global point-of-care ultrasound device market are Esaote SpA, Analogic Corporation, Mindray Bio-Medical Electronics Co. Ltd., General Electric Company, Fujifilm Holdings Corporation, Siemens AG, Samsung Electronics Co. Ltd., Canon Inc., Koninklijke Philips NV and Braun Melsungen AG.
The main market drivers are:
Growing geriatric population: The number of people aged 65 and over on earth is expected to increase from 727 million in 2020 to 1.5 billion by 2050, according to the United Nations (UN). Since not all elderly people can visit a healthcare facility every time, these devices can be taken to where patients are, for diagnosis.
Rising Prevalence of Chronic Disease: The increasing prevalence of chronic disease is also driving the PoCUS device market by propelling the demand for effective diagnosis and treatment. Ultrasound is not only used to detect disease, but also during treatment, such as ultrasound guided surgeries. According to the World Health Organization (WHO), heart disease kills 17.9 million people and cancer 9.6 million people each year, resulting in the demand for ultrasound procedures.
Key Findings of the Global Point-of-Care Ultrasound Devices Market Report
Demand for PoCUS Therapeutic Devices Grows Faster
The growth of the geriatric population is the main reason for the advance of the market
Most lucrative APAC region for investments in the PoCUS device market
Technologically evolving PoCUS devices
Emergency medicine is the largest area of ââapplication for PoCUS devices
Fragmented market due to the presence of many manufacturers
Main topics covered:
Chapter 1. Research Context
Chapter 2. Research methodology
Chapter 3. Executive summary
Chapter 4. Presentation
4.1 Definition of market segments
4.1.1 By type
4.1.2 By portability
188.8.131.52 On trolley / trolley
184.108.40.206 Compact / portable
4.1.3 By application
220.127.116.11 Emergency medicine
18.104.22.168 Obstetrics and gynecology
22.214.171.124 Vascular and urological
126.96.36.199 Musculoskeletal system
4.2 Market dynamics
188.8.131.52 Technological advances in PoCUS devices
184.108.40.206 Increase in the geriatric population
220.127.116.11 Increase in the prevalence of chronic diseases
18.104.22.168 Raising awareness of the benefits of portable ultrasound devices
22.214.171.124 Increase in health expenditure
126.96.36.199 Impact analysis of engines on market forecasts
188.8.131.52 Lack of qualified sonographers
184.108.40.206 Strict regulatory standards
220.127.116.11 Analysis of the impact of constraints on market forecasts
18.104.22.168 Improving health infrastructure in emerging economies
4.3 Porter’s five forces analysis
4.4 Impact of COVID-19
Chapter 5. Global PoCUS Device Market Size and Forecast
5.1 By type
5.2 By portability
5.3 By application
5.4 By region
Chapter 6. Europe Market Size and Forecast
Chapter 7. North America Market Size and Forecast
Chapter 8. APAC Market Size and Forecast
Chapter 9. LATAM Market Size and Forecast
Chapter 10. MEA Market Size and Forecast
Chapter 11. Competitive landscape
11.1 Benchmarking of products of key players
11.2 Global Strategic Developments of Key Players
11.2.1 Product launches
Chapter 12. Company Profiles
Mindray Bio-Medical Electronics Co. Ltd.
General Electricity Company
Fujifilm Holdings Corporation
Samsung Electronics Co. Ltd.
Koninklijke Philips NV
For more information on this report, visit https://www.researchandmarkets.com/r/kjmen3