The report titled “Wireless Ultrasound Scanner Market: Growth, Future Prospects, and Competitive Analysis, 2021 -2029” offers strategic insights into the overall wireless ultrasound scanner market along with the market size and estimates for the duration 2019 to 2029. The said research study covers in-depth analysis of wireless ultrasound scanner market segments based on product type and different geographies further segmented by countries. The wireless ultrasound scanner are the latest development to the traditional ultrasound scanner. They are designed to ease the use of such devices and make it portable so as they can be used anywhere at the point of care. These wireless scanners are made compatible with iOS and Android thus expanding its usability across the healthcare sector. These devices are just emerging in the market, thus it holds great opportunity for the existing key players to gain bigger market share and also for other key players to emerge in the market with better and advanced technology.
For the purpose of this study, the global wireless ultrasound scanner market is segmented on the basis of Product Type which is further segmented into Hand Held device & Large Portable device. The Hand Held devices is further bifurcated to Laptop & Palmtop device.
Market size estimates and forecast for these segments for the period 2019 to 2029 are provided in terms of US$ Mn along with the respective compounded annual growth rates (CAGRs) for the period 2021 to 2029, considering 2020 as the base year.
The geographical segmentation of the global wireless ultrasound scanner market comprised regions such as North America, Europe, Asia-Pacific, Latin America & Middle East and Africa. Each geographical region is further split to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, Brazil, Mexico, Saudi Arabia, South Africa, and other countries. Market size and forecast for these segments during 2019 to 2029 and their CAGRs for the period 2021 to 2029 are provided in this report.
The wireless ultrasound scanner market is observed as the most diversified and competitive market comprising large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are Siemens Healthcare GmbH, Clarius Mobile Health, SonopTek Co., Ltd., Meditech Equipment Co., Ltd, Sonostar Technologies Co. Ltd. & Shantou Easywell Technologies Co., Ltd.
The large portable devices capture the major share in the market in 2020. Handheld ultrasound scanner is expected to gain maximum value share over the forecast period owing to its quick diagnosis method, easy portability, simple operation method and expansion of application and use (e.g. in radiology imaging, emergency situations, internal organ injuries). The hand held devices are also integrated with smart phones and tablets thus making scans readily available as and when required. These devices can be easily carried to the patient who are unable to visit the scanning centers owing to their critical medical conditions.
Wireless ultrasound scanners are the latest advancements to the traditional ultrasound scanners. Better ergonomic features, portability and smart connectivity options of the device has fuelled the demand for wireless ultrasound scanners across geographies. For the purpose of this study the wireless ultrasound scanner is segmented into regions viz., North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Of the above mentioned regions, North America predominates the wireless ultrasounds scanners market due to driving factors such as availability of a well-designed healthcare infrastructure, continuous R&D activities and better healthcare affordability by patients. Asia Pacific is expected to show remunerative growth in the forecast period, 2021-2029 which is attributed due to market drivers such as improved patient affordability, availability to advanced technologies, constant rise in patient population and rising awareness and demand for better therapeutic options. Middle income regions like Latin America and Middle East & Africa project a gradual rise in the wireless ultrasound market, as wireless ultrasound scanners are slowly gaining demand with the slow rise in awareness of availability of such devices.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Wireless Ultrasound Scanner market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
Segmentation | |
Product
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report