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North America Portable Ultrasound Market Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)

(PharmaNewsWire.Com, June 14, 2017 ) The North America Portable Ultrasound Market was worth $0.98 billion in 2016 and estimated to be growing at a CAGR of 6.97%, to reach $1.38 billion by 2021. North America is estimated to show profitable growth due to rapid development in technology and vast potential market.

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The new advances in portable ultrasound devices are mostly focused on improving the ruggedness of the devices, by making them apt for remote use in addition to dipping the cost involved. Portable ultrasound devices include wireless features like Bluetooth and near-field communication to provide refined home-based healthcare for patients. These wireless devices support increase in mobility, connectivity, and portability.

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Key factors driving the portable ultrasound market are the growing incidence of chronic diseases, refining healthcare infrastructure in developing countries, rising geriatric population, and higher healthcare expenditures. On the downside, market growth is being held back by the stern regulatory requirements for approval of portable ultrasound devices.

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1) Market Segmentation

1)By Device Type

• Mobile Ultrasound Device

• Hand-Held Ultrasound Device

2 By Application

• Cardiovascular Portable Ultrasound Device

• Obstetrics and Gynaecology Portable Ultrasound Device

• Gastric Portable Ultrasound Device

• Musculoskeletal Portable Ultrasound Device

3 By End-Users

• Hospitals

• Diagnostics Center

4 Geographical Analysis

• United States

• Canada

Based on geography the market is analysed under various regions namely, USA and Canada. USA leads the North America market with highest number of shares. The fact assisting the improved assurance in this technology is the adoption of portable ultrasound devices by the United States Army for on-field usage.

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FUJIFILM Holdings Corporation (Japan), Analogic Corporation (U.S.), Esaote S.p.A. (Italy), Koninklijke Philips N.V. (Netherlands), Toshiba Corporation (Japan), Siemens AG (Germany), General Electric Company (U.S.), Samsung Electronics Co., Ltd. (South Korea), Hitachi Ltd. (Japan) and Mindray Medical International Ltd. (China) are some of the key players in the global ultrasound market.

About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com

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