Pune, India -- (SBWIRE) -- 04/12/2019 -- Our latest research report entitled Portable Ultrasound Devices Market (by type of device (mobile ultrasound device and hand-held ultrasound device), application(cardiovascular, obstetrics and gynecology, gastric, musculoskeletal and others) and end-user(hospitals, diagnostic centers, ambulatory care centers and others)) Industry Analysis, Trends, Market Size and Forecasts up to 2024 provides complete and deep insights into the market dynamics and growth of Portable Ultrasound Devices. Latest information on market risks, industry chain structure Portable Ultrasound Devices cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Portable Ultrasound Devices growth factors.

The forecast Portable Ultrasound Devices Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Portable Ultrasound Devices on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. According to report the global portable ultrasound devices market is projected to grow at a CAGR of 8.50% over the forecast period of 2018-2024.

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Portable Ultrasound Device Market: Industry Insights

Portable ultrasound devices are technically advanced medical ultrasonography that uses compact and light devices, compared to the console-style ultrasound machines. Due to these characteristics, mobile ultrasound systems could be carried by hand and in some cases even operated for a long time on battery power alone. Its main applications include diagnosis of internal swelling, pain, the growth of unwanted cell/tissue in the body also it has important application to diagnose fetus growth and maternal health. In the current scenario, portable ultrasound machines are being adapted in order to meet the rising business demands due to their portability, projecting its market size to reach more than $10 million by 2022.

Portable Ultrasound Device Market: Drivers and Restraints

Technological advancement in ultrasonic instruments is the major growth factor for market in near future, increase in a number of ultrasound diagnostic test, the rise in awareness in early disease diagnosis and inclination for minimally invasive therapies are contributing to portable ultrasound equipment market. In addition, rising geriatric population and Real-time imaging, improved patient convenience, in rural and remote areas have also boost the growth of the portable ultrasound equipment market. However, stringent government regulations, the high cost of the equipment's and lack of well trained and skilled personnel are the major restraints of the portable ultrasound device market. However, government initiatives with wide spared of application especially in rural areas and cost reduction with the instrument and test procedures can provide better opportunities to grow portable ultrasound device market.

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Portable Ultrasound Device Market: Segmentation

Global ultrasound devices market is segmented by types, applications, and end-user. Based on type ultrasound devices are sub-divided into Mobile Ultrasound Device and hand-held ultrasound devises, mobile Ultrasound Devices dominated the market due to its reliability and ease in transfer and handling the instrument. Considering the applications, the market is categorized into ophthalmology, gynecology, radiology, cardiology, urology, critical care medicine, musculoskeletal, emergency medicine, and anesthesiology. Among these gynecology and cardiology divisions has held a high share of the market. End-user of the portable ultrasound device includes hospitals, diagnostic centers, ambulatory care centers, gynecology centers, home care, and others.

Portable Ultrasound Device Market: Regional Insights

Geographically portable ultrasound device market is divided into North America, Europe, Asia-Pacific, and Row. North America accounted for the largest market share in terms of revenue followed by Europe, government initiatives and support for technological advancements, improved healthcare infrastructure are contributing to the growth of the market. Asia Pacific region is expected to grow at the high CAGR owing to improving health care infrastructure, a rising number of patients and growing public awareness.

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Portable Ultrasound Device Market: Competitive Analysis

The key players in the Portable ultrasound device market are Fujifilm Sonosite, Inc., Ge Healthcare, Hitachi Ltd, Fukuda Denshi, Shenzhen Mindray, Canon Medical Systems Corporation, Koninklijke Philips N.V., Samsung Medical, Siemens Healthineers, and others.

Reasons to Buy this Report:

- Comprehensive analysis of global as well as regional markets of the Portable Ultrasound Devices.

- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.

- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.

- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.