The size of the Portable Ultrasound Market in Europe was worth USD 1.60 billion in 2022 and estimated to be growing at a CAGR of 7.34%, to reach USD 2.28 billion by 2027.
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.
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.
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.
This research report segmented and sub-segmented into the following categories:
On the basis of device type, the Mobile ultrasound devices segment is anticipated to account for the largest share of the ultrasound market.
On the basis of application, Cardiology application is expected to be the fastest-growing segment during the forecast period.
Regionally, Germany and U.K are the leading markets in the European region and estimated to experience robust growth in the forecast period.
Key market participants leading the Europe Portable Ultrasound Market profiled in this report are 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).
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