(PharmaNewsWire.Com, March 09, 2018 ) The North America Portable Ultrasound Industry was worth USD 0.98 billion in 2016 and estimated to be growing at a CAGR of 6.97%, to reach USD 1.38 billion by 2021. North America is estimated to show profitable growth due to rapid development in technology and vast potential Industry.
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.
Key factors driving the portable ultrasound Industry are the growing incidence of chronic diseases, refining healthcare infrastructure in developing countries, rising geriatric population, and higher healthcare expenditures. On the downside, Industry growth is being held back by the stern regulatory requirements for approval of portable ultrasound devices.
The North America portable ultrasound Industry is segmented on the basis of type of devices into Mobile Ultrasound Device and Hand-held Ultrasound Device. Based on application, Industry is segregated into Cardiovascular Portable Ultrasound Device, Obstetrics and Gynaecology Portable Ultrasound Device, Gastric Portable Ultrasound Device and Musculoskeletal Portable Ultrasound Device. By End Users the Industry is bifurcated into hospitals and diagnostics center. The Mobile ultrasound devices segment is anticipated to account for the largest share of the ultrasound Industry. Cardiology application is expected to be the fastest growing segment during forecast period.
Key Points from Table of Contents
• Overview o Executive Summary o Key Inferences o New Developments
• Drivers, Restraints, Opportunities, and Challenges Analysis (DROC) o Industry Segmentation o By Device Type o By Application o End User • Geographical Analysis • Pipeline Product Analysis o Strategic Analysis o PESTLE analysis o Porter’s Five analysis
• Industry Leaders' Analysis • Competitive Landscape
Based on geography the Industry is analysed under various regions namely, USA and Canada. USA leads the North America Industry 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.
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 Industry.
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