Growing Inclination Towards Handheld Ultrasound Scanners for POC

The global handheld ultrasound scanners market was valued at USD 62.2 million in 2017 and is projected to grow at a CAGR of 17.0% from 2018 to 2026. The market growth is expected to be driven by various factors such as growing inclination towards handheld ultrasound scanners for point-of-care diagnostics; lower capital investment required for handheld ultrasound scanners in comparison to conventional ultrasound devices; growing number of diagnostics centers and ambulatory care centers across the world; and portability and cloud connectivity features offered by these handheld devices.

These are the latest findings of Research and Markets, (Dublin, Ireland), a global market research company.

Handheld ultrasound scanners, which are used for imaging internal organs, cardiovascular, and gynecology imaging, are becoming increasingly popular among clinicians across the world for point-of-care diagnosis. Over the last decade, the handheld ultrasound scanners market has flourished with several major medical devices companies introducing portable and handheld ultrasound devices. The uptake of handheld ultrasound units is increasing at a fast pace owing to low market entry barriers as the regulatory scenario for portable ultrasound still remains undefined in several regions. Moreover, advancements in consumer electronics have made it inexpensive to design and manufacture handheld ultrasound devices. Additionally, portability, ease of use and inexpensiveness in comparison to conventional ultrasound devices are the major advantages offered by handheld ultrasound scanners. Handheld ultrasound scanners are also equipped with minimum wires, cloud sharing facility, advanced imaging quality and battery life, thereby making ultrasound more portable and reducing dependency on infrastructure.

Based on technology, 2D ultrasound scanners held the largest share in the global handheld scanners market, led by the growing demand for efficient and better imaging quality, rapid introduction of handheld 2D ultrasound products by a majority of manufacturers and higher demand for these devices among physicians. However, there is growing inclination among healthcare practitioners towards handheld 3D ultrasound scanners as they are less inexpensive in comparison to conventional cart-based ultrasound scanners and provide similar image quality. Hence, 3D handheld ultrasound scanners are expected to grow at a steady rate during the forecast period due to its high application in point-of-care diagnostics.

Regionally, North America held the largest share in the global market for handheld ultrasound scanners and is expected to grow at a steady rate during the forecast period, driven by higher adoption of novel technology, approval of a number of handheld ultrasound scanners in the region and increasing number of ambulatory care centers in the US. The European handheld ultrasound scanners market holds high growth potential due to growing clinical applications of high intensity focused ultrasound, commercialization of a number of portable ultrasound and growing minimally invasive practices in the region. The market for handheld ultrasound scanners in Asia Pacific is projected to grow at a rapid rate, driven by the growth of standalone clinics and diagnostics centers in the region, lower prices, easy availability and less skilled personnel required to operate these products.

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