The global point-of-care ultrasound market size accounted for US$ 4.31 billion in 2023 and is projected to reach around USD 8.55 billion by 2033, growing at a CAGR of 7.10% from 2024 to 2033.
Key Points
- North America held the largest share of 34% the market in 2023. The region is observed to sustain the position during the forecast period.
- Europe is expected to witness the fastest rate of growth while being the second largest marketplace in the upcoming years.
- By type, the diagnostic segment led the point-of-care ultrasound market with the largest share in 2023.
- By type, the therapeutic segment is observed to witness a notable rate of growth during the forecast period.
- By portability, the trolley-based devices segment held the largest share of the market in 2023. The segment is observed to continue to grow at an impressive rate during the forecast period.
- By portability, the handheld devices segment is observed to grow at the rapid pace during the forecast period.
- By application, the emergency medicine segment held the largest share of the market in 2023.
- By end users, the hospitals segment accounted for the largest market share in 2023.
- By end users, the clinics segment is expected to grow at a rapid CAGR during the forecast period.
Report Summary
The global point-of-care ultrasound market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.
The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the point-of-care ultrasound market across the globe.
A comprehensive estimate on the point-of-care ultrasound market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of point-of-care ultrasound during the forecast period. Price point comparison by region with global average price is also considered in the study.
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Point-of-care Ultrasound Market Scope
Report Coverage | Details |
Growth Rate from 2024 to 2033 | CAGR of 7.10% |
Global Market Size in 2023 | USD 4.31 Billion |
Global Market Size by 2033 | USD 8.55 Billion |
U.S. Market Size in 2023 | USD 1.03 Billion |
U.S. Market Size by 2033 | USD 2.03 Billion |
Base Year | 2023 |
Forecast Period | 2024 to 2033 |
Segments Covered | By Type, By Portability, By Application, and By End users |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Key Highlights:
Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized point-of-care ultrasound market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.
Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.
Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.
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Market Players
The report includes the profiles of key point-of-care ultrasound market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.
Recent Developments
- In October 2023, Butterfly Network announced a 5-Year co-development agreement with Forest Neurotech for next-generation brain-computer interfaces using ultrasound-on-chip technology. The agreement includes USD 20MM to be paid to Butterfly for annual licensing, chip purchases, services, and milestone payments, of which USD 3.5MM was received on signing.
- In October 2023, GE HealthCare announced that it signed a USD 44 million contract with the Biomedical Advanced Research and Development Authority (BARDA) part of the Administration for Strategic Preparedness and Response (ASPR) within the U.S. Department of Health and Human Services (HHS) to develop and obtain regulatory clearance for next-generation advanced point-of-care ultrasound technology with new artificial intelligence (AI) applications.
- In July 2023, Konica Minolta Healthcare Americas Inc. announced the launch of PocketPro H2, a new wireless handheld ultrasound device for general imaging in point-of-care applications.
- In February 2022, Philips announced it has expanded its ultrasound portfolio with advanced hemodynamic assessment and measurement capabilities on its handheld point-of-care ultrasound, Lumify. Lumify assists clinicians in quantifying blood flow in a wide range of point-of-care diagnostic applications including cardiology, vascular, abdominal, urology, obstetrics, and gynecology as well as helps in the early assessment of gestational age and the identification of high-risk pregnancies.
Point-of-care Ultrasound Market Companies
- Koninklijke Philips N.V.
- GE Healthcare
- FUJIFILM Sonosite, Inc.
- Hitachi Ltd.
- ALPINION MEDICAL SYSTEMS Co., Ltd
- Terason Corporation
- Shenzhen Mindray Bio-Medical Electronics Co. Ltd.
- EDAN Instruments
- Esaote S.p.A
- Butterfly Network Inc.
- Teknova Medical System
- DRE medical
- Landwind Medical
- Terason Corporation
- CHISON Medical Technologies
- Siemens
- Mindray Bio-Medical Electronics
- B. Braun
- Canon Medical Systems
- Analogic Corporation
Segments Covered in the Report
By Type
- Diagnostic
- Therapeutic
By Portability
- Trolley-Based Devices
- Handheld Devices
By Application
- Emergency Medicine
- Cardiology
- Obstetrics & Gynecology
- Urology
- Vascular Surgery
- Musculoskeletal
By End users
- Hospitals
- Clinics
- Maternity Centers
- Ambulatory Surgical Centers
- Others
Regional Segmentation
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
- Latin America (Brazil and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
Secondary Research
It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to-face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
- In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Point-of-care Ultrasound Market
5.1. COVID-19 Landscape: Point-of-care Ultrasound Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Point-of-care Ultrasound Market, By Type
8.1. Point-of-care Ultrasound Market Revenue and Volume Forecast, by Type, 2024-2033
8.1.1. Diagnostic
8.1.1.1. Market Revenue and Volume Forecast (2021-2033)
8.1.2. Therapeutic
8.1.2.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 9. Global Point-of-care Ultrasound Market, By Portability
9.1. Point-of-care Ultrasound Market Revenue and Volume Forecast, by Portability, 2024-2033
9.1.1. Trolley-Based Devices
9.1.1.1. Market Revenue and Volume Forecast (2021-2033)
9.1.2. Handheld Devices
9.1.2.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 10. Global Point-of-care Ultrasound Market, By Application
10.1. Point-of-care Ultrasound Market Revenue and Volume Forecast, by Application, 2024-2033
10.1.1. Emergency Medicine
10.1.1.1. Market Revenue and Volume Forecast (2021-2033)
10.1.2. Cardiology
10.1.2.1. Market Revenue and Volume Forecast (2021-2033)
10.1.3. Obstetrics & Gynecology
10.1.3.1. Market Revenue and Volume Forecast (2021-2033)
10.1.4. Urology
10.1.4.1. Market Revenue and Volume Forecast (2021-2033)
10.1.5. Vascular Surgery
10.1.5.1. Market Revenue and Volume Forecast (2021-2033)
10.1.6. Musculoskeletal
10.1.6.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 11. Global Point-of-care Ultrasound Market, By End users
11.1. Point-of-care Ultrasound Market Revenue and Volume Forecast, by End users, 2024-2033
11.1.1. Hospitals
11.1.1.1. Market Revenue and Volume Forecast (2021-2033)
11.1.2. Clinics
11.1.2.1. Market Revenue and Volume Forecast (2021-2033)
11.1.3. Maternity Centers
11.1.3.1. Market Revenue and Volume Forecast (2021-2033)
11.1.4. Ambulatory Surgical Centers
11.1.4.1. Market Revenue and Volume Forecast (2021-2033)
11.1.5. Others
11.1.5.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 12. Global Point-of-care Ultrasound Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Volume Forecast, by Type (2021-2033)
12.1.2. Market Revenue and Volume Forecast, by Portability (2021-2033)
12.1.3. Market Revenue and Volume Forecast, by Application (2021-2033)
12.1.4. Market Revenue and Volume Forecast, by End users (2021-2033)
12.1.5. U.S.
12.1.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)
12.1.5.2. Market Revenue and Volume Forecast, by Portability (2021-2033)
12.1.5.3. Market Revenue and Volume Forecast, by Application (2021-2033)
12.1.5.4. Market Revenue and Volume Forecast, by End users (2021-2033)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Volume Forecast, by Type (2021-2033)
12.1.6.2. Market Revenue and Volume Forecast, by Portability (2021-2033)
12.1.6.3. Market Revenue and Volume Forecast, by Application (2021-2033)
12.1.6.4. Market Revenue and Volume Forecast, by End users (2021-2033)
12.2. Europe
12.2.1. Market Revenue and Volume Forecast, by Type (2021-2033)
12.2.2. Market Revenue and Volume Forecast, by Portability (2021-2033)
12.2.3. Market Revenue and Volume Forecast, by Application (2021-2033)
12.2.4. Market Revenue and Volume Forecast, by End users (2021-2033)
12.2.5. UK
12.2.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)
12.2.5.2. Market Revenue and Volume Forecast, by Portability (2021-2033)
12.2.5.3. Market Revenue and Volume Forecast, by Application (2021-2033)
12.2.5.4. Market Revenue and Volume Forecast, by End users (2021-2033)
12.2.6. Germany
12.2.6.1. Market Revenue and Volume Forecast, by Type (2021-2033)
12.2.6.2. Market Revenue and Volume Forecast, by Portability (2021-2033)
12.2.6.3. Market Revenue and Volume Forecast, by Application (2021-2033)
12.2.6.4. Market Revenue and Volume Forecast, by End users (2021-2033)
12.2.7. France
12.2.7.1. Market Revenue and Volume Forecast, by Type (2021-2033)
12.2.7.2. Market Revenue and Volume Forecast, by Portability (2021-2033)
12.2.7.3. Market Revenue and Volume Forecast, by Application (2021-2033)
12.2.7.4. Market Revenue and Volume Forecast, by End users (2021-2033)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Volume Forecast, by Type (2021-2033)
12.2.8.2. Market Revenue and Volume Forecast, by Portability (2021-2033)
12.2.8.3. Market Revenue and Volume Forecast, by Application (2021-2033)
12.2.8.4. Market Revenue and Volume Forecast, by End users (2021-2033)
12.3. APAC
12.3.1. Market Revenue and Volume Forecast, by Type (2021-2033)
12.3.2. Market Revenue and Volume Forecast, by Portability (2021-2033)
12.3.3. Market Revenue and Volume Forecast, by Application (2021-2033)
12.3.4. Market Revenue and Volume Forecast, by End users (2021-2033)
12.3.5. India
12.3.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)
12.3.5.2. Market Revenue and Volume Forecast, by Portability (2021-2033)
12.3.5.3. Market Revenue and Volume Forecast, by Application (2021-2033)
12.3.5.4. Market Revenue and Volume Forecast, by End users (2021-2033)
12.3.6. China
12.3.6.1. Market Revenue and Volume Forecast, by Type (2021-2033)
12.3.6.2. Market Revenue and Volume Forecast, by Portability (2021-2033)
12.3.6.3. Market Revenue and Volume Forecast, by Application (2021-2033)
12.3.6.4. Market Revenue and Volume Forecast, by End users (2021-2033)
12.3.7. Japan
12.3.7.1. Market Revenue and Volume Forecast, by Type (2021-2033)
12.3.7.2. Market Revenue and Volume Forecast, by Portability (2021-2033)
12.3.7.3. Market Revenue and Volume Forecast, by Application (2021-2033)
12.3.7.4. Market Revenue and Volume Forecast, by End users (2021-2033)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Volume Forecast, by Type (2021-2033)
12.3.8.2. Market Revenue and Volume Forecast, by Portability (2021-2033)
12.3.8.3. Market Revenue and Volume Forecast, by Application (2021-2033)
12.3.8.4. Market Revenue and Volume Forecast, by End users (2021-2033)
12.4. MEA
12.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)
12.4.2. Market Revenue and Volume Forecast, by Portability (2021-2033)
12.4.3. Market Revenue and Volume Forecast, by Application (2021-2033)
12.4.4. Market Revenue and Volume Forecast, by End users (2021-2033)
12.4.5. GCC
12.4.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)
12.4.5.2. Market Revenue and Volume Forecast, by Portability (2021-2033)
12.4.5.3. Market Revenue and Volume Forecast, by Application (2021-2033)
12.4.5.4. Market Revenue and Volume Forecast, by End users (2021-2033)
12.4.6. North Africa
12.4.6.1. Market Revenue and Volume Forecast, by Type (2021-2033)
12.4.6.2. Market Revenue and Volume Forecast, by Portability (2021-2033)
12.4.6.3. Market Revenue and Volume Forecast, by Application (2021-2033)
12.4.6.4. Market Revenue and Volume Forecast, by End users (2021-2033)
12.4.7. South Africa
12.4.7.1. Market Revenue and Volume Forecast, by Type (2021-2033)
12.4.7.2. Market Revenue and Volume Forecast, by Portability (2021-2033)
12.4.7.3. Market Revenue and Volume Forecast, by Application (2021-2033)
12.4.7.4. Market Revenue and Volume Forecast, by End users (2021-2033)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Volume Forecast, by Type (2021-2033)
12.4.8.2. Market Revenue and Volume Forecast, by Portability (2021-2033)
12.4.8.3. Market Revenue and Volume Forecast, by Application (2021-2033)
12.4.8.4. Market Revenue and Volume Forecast, by End users (2021-2033)
12.5. Latin America
12.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)
12.5.2. Market Revenue and Volume Forecast, by Portability (2021-2033)
12.5.3. Market Revenue and Volume Forecast, by Application (2021-2033)
12.5.4. Market Revenue and Volume Forecast, by End users (2021-2033)
12.5.5. Brazil
12.5.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)
12.5.5.2. Market Revenue and Volume Forecast, by Portability (2021-2033)
12.5.5.3. Market Revenue and Volume Forecast, by Application (2021-2033)
12.5.5.4. Market Revenue and Volume Forecast, by End users (2021-2033)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Volume Forecast, by Type (2021-2033)
12.5.6.2. Market Revenue and Volume Forecast, by Portability (2021-2033)
12.5.6.3. Market Revenue and Volume Forecast, by Application (2021-2033)
12.5.6.4. Market Revenue and Volume Forecast, by End users (2021-2033)
Chapter 13. Company Profiles
13.1. Koninklijke Philips N.V.
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. GE Healthcare
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. FUJIFILM Sonosite, Inc.
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Hitachi Ltd.
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. ALPINION MEDICAL SYSTEMS Co., Ltd
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Terason Corporation
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Shenzhen Mindray Bio-Medical Electronics Co. Ltd.
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. EDAN Instruments
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Esaote S.p.A
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Butterfly Network Inc.
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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