According to the report, Europe Portable Ultrasound Market published by the Market Data Forecast. The Market was worth $1.29 billion in 2016 and estimated to be growing at a CAGR of 7.34%, to reach $1.84 billion by 2021.
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The several aids that ultrasound procedures provide have stimulated many small hospitals and primary care centers in Europe to implement the technology. More market players providing definite applications are expected to adopt these technologies to remain competitive in the European ultrasound market.
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Europe Portable Ultrasound 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
4 Geographical Segmentation:
Use of ultrasound systems as a diagnostic tool right from the primary point of consultation encounters the growing demand for screening and helps in restructuring treatment workflow. The ability to report diagnostic images immediately has been an essential reason for the adoption of these systems, mainly in emergency medicines and intensive care units.
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The portable ultrasound device market is growing at a significant rate, due to increasing healthcare expenditure, and growing geriatric population. The increasing prevalence of chronic diseases and improving healthcare infrastructure in developing countries are also driving the growth of the global portable ultrasound device market. However, the factor such as stringent regulatory requirements for the approval of portable ultrasound devices is inhibiting the growth of the global market.
Based on geography the market is analysed under various regions namely, Germany, Italy, Spain, U.K and France. Germany and U.K are the leading market in the European region abd estimated to experience robust growth in the forecast period.
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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.
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