Point of Care Ultrasound Market 2021: Industry Statistics, Growth Overview & Forecast to 2025

Global point of care ultrasound market is set to gain massive momentum over the projected time frame of 2019 to 2025. This can be credited to rising demand for point of care ultrasound in the emergency departments of healthcare settings for effective diagnosis of trauma cases. A prominent example of point of care ultrasound applications is in Focused assessment with sonography for trauma (FAST) cases.

Growing use of real-time imaging system in obstetrics & gynecology sector should favor point of care ultrasound market growth. POCUS is touted to be a safer and more effective imaging modality that has rapidly expanded as a cost-saving, timesaving and lifesaving option in the pediatric emergency medicine (PEM) space.

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Recently, the point-of-care ultrasound market size has registered immense inflation through the cardiology segment mainly due to the use of POCUS to determine the cause of cardiac arrest as well as for guiding resuscitation and interventions. The advent of smaller and more portable machines combined with improved picture quality has further increased product demand. POCUS has essentially helped patients with pulseless electrical activity (PEA) in revealing anatomic causes like cardiac tamponade, tension pneumothorax and pulmonary embolism.

Additionally, the sheer rise in cases of cardiac arrest across the globe is anticipated to amplify point of care ultrasound market size over the coming years. For instance, according to American Health Association’s Heart Disease and Stroke Statistics 2018, cardiovascular disease is said to be the main cause of death globally, accounting for over 17.9 million deaths in 2015 and is projected to grow to over 23.6 million by 2030.

Point of care ultrasound industry in North America is projected to witness an appreciable CAGR of 4% over the forecast period owing to rising prevalence of chronic diseases in conjunction with growing awareness among people regarding early diagnosis. Further, advancements in POCUS technology will fuel its adoption, thereby fostering the industry growth in the region.

Referring to the technological advancements, the industry players are inclined on developing innovative solutions for serving their customers in a better way. For instance, in 2019, FUJIFILM Sonosite, Inc., one of the renowned players in the region, announced its strategic partnership with HealthCare for incorporating Artificial Intelligence to enhance the functionality and utility of portable ultrasound.

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Prominent business players operating in point of care ultrasound market such as Esaote, Analogic, Fujifilm, Canon Medical Systems, B. Braun, Siemens Healthcare, GE Healthcare, Koninklijke Philips, Toshiba, Mindray Bio-Medical Electronics and Samsung Electronics are emphasizing on developing new product to strengthen their product offering and gain a competitive edge in the market.

Partial Chapter of the Table of Content

Chapter 4. Point of Care Ultrasound Market, By Type

4.1. Key segment trends

4.2. Diagnostic devices

4.2.1.  Market size, by region, 2014-2025

4.3. Therapeutic devices

4.3.1.  Market size, by region, 2014-2025

Chapter 5. Point of Care Ultrasound Market, By Portability

5.1. Key segment trends

5.2. Trolley based devices

5.2.1.  Market size, by region, 2014-2025

5.3. Handheld devices

5.3.1.  Market size, by region, 2014-2025

Chapter 6. Point of Care Ultrasound Market, By Application

6.1. Key segment trends

6.2. Emergency medicine

6.2.1.  Market size, by region, 2014-2025

6.3. Cardiology

6.3.1.  Market size, by region, 2014-2025

6.4. Obstetrics/gynecology (OB/GYN)

6.4.1.  Market size, by region, 2014-2025

6.5. Urology

6.5.1.  Market size, by region, 2014-2025

6.6. Vascular surgery

6.6.1.  Market size, by region, 2014-2025

6.7. Musculoskeletal

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