Global Portable Ultrasound Machine Market Overview:
Portable ultrasound devices are an unusual technology in the fast growing field of biomedical engineering. Due to an ever increasing need for better-quality medical technology, there is an inducement to develop a simple, functional, portable, and low-cost alternate these larger devices. Portable ultrasound imaging technology is one of the most ubiquitous diagnostic tools in the biomedical industry. These imaging devices function by transmitting a high-frequency sound which recoils off an object and back to the imaging device which then processes the received sound waves. The portable ultrasound machines are hand carried system, which is easy to carry and therefore increasing demand from home care.
Growth Drivers
- Growing Adoption of Minimally Invasive Procedures
- Increasing Use of These Equipment for Antenatal
Roadblocks
- Lack of Well Trained and Skilled Personnel
Opportunities
- Expanding Applications of Ultrasound Devices
- Adoption of New Technology Related Products in Developing Countries
Challenges
- Lack of Awareness about the Usage of Portable Ultrasound Machine
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail competitive advantage through combined synergies.
Some of the key players profiled in the report are GE Healthcare (United States), Sonologic (Australia), Mindray (China), Mobisante (United States), Siemens (Germany), Signostics (United States), SonoSite (United States), Clarius Mobile Health (Canada), Esaote SpA (Italy), FUJIFILM SonoSite, Inc. (United States), Hitachi Medical Systems (Switzerland) and Toshiba Medical Systems Corporation (Japan). Additionally, following companies can also be profiled that are part of our coverage like Koninklijke Philips B.V (Netherlands) and Mindray Medical International Limited (China). Analyst at AMA Research see United States Players to retain maximum share of Global Portable Ultrasound Machine market by 2026. Considering Market by End-Users, the sub-segment i.e. Hospitals will boost the Portable Ultrasound Machine market.
What Can be Explored with the Portable Ultrasound Machine Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Portable Ultrasound Machine Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Portable Ultrasound Machine
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Portable Ultrasound Machine market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Portable Ultrasound Machine market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Portable Ultrasound Machine, Suppliers of Portable Ultrasound Machine, Wholesalers, Distributors and Retailers of Portable Ultrasound Machine, Healthcare Industry, Research Organization and Governmental Bodies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.