Top 3 Trends Impacting Portable Ultrasound Market
By HospiMedica International staff writers
Posted on 28 Mar 2017
Image: The global portable ultrasound market is expected to grow by 9% by 2021, due to three emerging industry trends (Photo courtesy of GE Healthcare).
The global portable ultrasound equipment market is estimated to grow at a CAGR of more than 9% during the period 2017-2021, driven by top three emerging trends: broader applications, growing demand, and early-stage disease diagnosis.
These are the latest findings of Technavio Research, a global technology research and advisory company. According to Technavio, these three factors are contributing to the growth of the global portable ultrasound equipment market:
Broader applications of portable ultrasound equipment: For emergency departments such as ICU, NICU, and CCU, as well as outpatient departments, portable ultrasound equipment has become a significantly important device. Portable ultrasound equipment has also gained increasing acceptance among cardiologists, radiologists, and other specialists, due to their lightweight, mobility, and compact features. According to Technavio, the growth of the diagnostic ultrasound imaging market is being aided by rising birth rates and the adoption of in-vitro fertilization methods among the high-end population, requiring detailed and high resolution imaging by ultrasound.
Growing demand for portable ultrasound equipment: Today’s portable ultrasound devices deliver highly sophisticated home-based healthcare service for individuals through wireless features, such as Bluetooth and any near-field communication. Technological advancements have also made it possible for portable ultrasound devices to be power-driven or recharged by remote through the use of fabrics and plastics. As a result, portable ultrasound devices improve mobility, connectivity, and transportability. Moreover, manufacturers are using semiconductor technology to develop portable ultrasound devices that consume minimal power, thereby bringing down the overall system price by reducing power consumption, according to Technavio.
Increased use of ultrasound for early-stage disease diagnosis: Rising incidence of chronic diseases has led to increased health awareness among a certain population segment and interest in preventive measures, including early diagnosis using ultrasound imaging. This has resulted in a reduction in the incidence of recurring and chronic disorders from the earlier levels.