Global Handheld Ultrasound Scanner Market Expected to Reach USD 750.3 Million by 2034 at a 3.90% of CAGR

Handheld Ultrasound Scanner Market
Handheld Ultrasound Scanner Market

The global handheld ultrasound scanner market is on a growth trajectory, with its market size projected to reach USD 750.3 million by 2034. This growth is expected to occur at a steady CAGR of 3.90% over the forecast period. The market is valued at USD 511.8 million in 2024, reflecting the increasing adoption of portable ultrasound devices due to their convenience, accessibility, and enhanced diagnostic capabilities. As healthcare providers increasingly prioritize mobility and efficiency, the demand for handheld ultrasound scanners is expected to continue to rise, driving substantial market expansion through 2034.

Key Market Insights

  • Market Growth: The handheld ultrasound scanner market is expected to expand significantly, driven by technological advancements and the increasing need for portable diagnostic tools in various healthcare settings.
  • Driving Factors:
    • Portability and Convenience: Handheld ultrasound devices offer significant advantages in terms of portability, allowing healthcare professionals to perform quick assessments and diagnostic evaluations at the point of care.
    • Rising Demand for Quick Diagnostics: The growing emphasis on rapid and accurate diagnostics in emergency and outpatient settings is fueling the adoption of handheld ultrasound scanners.
  • Product Segmentation:
    • The market is segmented based on modality types, including wired and wireless scanners, with wireless devices gaining popularity due to their ease of use and flexibility.
    • Display Types: Color display scanners hold a significant share, accounting for about 61% of the market in 2024, as they provide enhanced image quality and diagnostic capabilities.

Regional Dynamics

  • North America: This region currently dominates the handheld ultrasound scanner market, with the U.S. accounting for a substantial share. The market is expected to grow at a stable rate of 10.2% CAGR, driven by advancements in healthcare technology and high demand for portable diagnostic solutions.
  • Asia-Pacific: Anticipated to be the fastest-growing region, with countries like India and Thailand projected to experience growth rates of 5.70% and 5.20%, respectively. The increasing prevalence of chronic diseases and rising healthcare investments are key factors contributing to this growth.

Future Outlook

The handheld ultrasound scanner market is set for continuous expansion due to:

  • Increased healthcare expenditure globally.
  • Growing awareness among healthcare providers regarding the benefits of portable ultrasound technology.
  • Ongoing innovations in device design and functionality that enhance user experience and diagnostic accuracy.

Competitive Landscape

The handheld ultrasound scanner market is highly competitive, with prominent companies contending for dominance and strategic positioning. Prominent global companies, including GE Healthcare, Siemens Healthineers, and Philips Healthcare, influence the market owing to their vast product portfolios, technological expertise and established brand recognition. These industrial behemoths invest heavily in R&D to bring novel features, improve product performance, and preserve a competitive advantage.

Recent Developments

  • In August 2023, GE Healthcare launched Vscan Air SL, a dual-headed, handheld, wireless ultrasound imaging system designed for rapid cardiac and vascular assessments at the point of care, and CardioVisio, a digital tool to help clinicians make treatment decisions for patients with atrial fibrillation (AF).
  • In July 2023, Konica Minolta Healthcare Americas, Inc. unveiled the PocketPro H2, a new wireless portable ultrasound device designed for general imaging at point-of-care settings. Konica Minolta Healthcare, a recognized provider of primary imaging solutions, has teamed with Healcerion to commercialize the PocketPro H2 in the United States for human and veterinary applications, bringing new levels of flexibility and affordability to ultrasound.

Key Players in the Handheld Ultrasound Scanner Market

  • GE Healthcare
  • Siemens Healthineers
  • Philips Healthcare
  • Fujifilm Holdings Corporation
  • Canon Medical Systems Corporation
  • Hitachi, Ltd.
  • Samsung Medison
  • Mindray Medical International Limited
  • Esaote S.p.A.
  • Clarius Mobile Health

Full Report Revealed

Handheld Ultrasound Scanner Market Segmentation

By Modality:

  • Wired
  • Wireless

By Display:

  • Black & White Display
  • Color Display

By End User:

  • Hospitals
  • Diagnostic Centers
  • Ambulatory Surgical Centers
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)
  • Japan

Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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