Portable Ultrasound Scanners Market Expected to Reach $4.1 Billion by 2032—Allied Market Research

According to a new report published by Allied Market Research, titled, “Portable Ultrasound Scanners Market," The portable ultrasound scanners market size was valued at $2.4 billion in 2022, and is estimated to reach $4.1 billion by 2032, growing at a CAGR of 5.7% from 2023 to 2032. A portable ultrasound machine is a medical imaging device that uses ultrasound for diagnostic purposes and is smaller and lighter than the console-style ultrasound machines that preceded them. In most cases, these mobile ultrasound systems are easy to carry and, in some cases, even operate for some time on battery power alone. Portable ultrasound machines are typically used in situations where space is limited, mobility is important, or the scanning must be done in the field.

The rise in prevalence of chronic lung and heart diseases, technological advancement in the portable ultrasound scanners, surge in demand for point of care diagnosis, presence of portable ultrasound scanners industry and rise in awareness for early disease diagnosis is expected to drive the growth of the market. Chronic diseases often require ongoing monitoring and management, and medical imaging plays a crucial role in the diagnosis, treatment, and follow-up of these conditions. Portable ultrasound scanners offer a convenient and effective way to address the challenges associated with chronic diseases, contributing to their increased demand and adoption.

According to 2021 report by National Library of Medicine, ultrasound imaging of the lung (LUS) is a promising technique of diagnosis in many acute and chronic parenchymal conditions such as cardiogenic and non-cardiogenic pulmonary edema, acute respiratory distress syndrome (ARDS), interstitial pulmonary fibrosis and a variety of conditions determining lung consolidations, such as pneumonia and lung cancer. Thus, the rise in prevalence of chronic lung and heart diseases is expected to boost the growth of the market.

Furthermore, technological advancement in the portable ultrasound scanners is expected to drive the growth of the market. AI has emerged as a transformative technology in the healthcare industry. AI algorithms automatically analyze ultrasound images to detect and highlight potential abnormalities or structures of interest. For instance, in March 2021, GE Healthcare, a global medical devices company launched Vscan Air, a new intuitive, wireless handheld ultrasound device for sale in the U.S. and European markets.

The Vscan Extend has integrated AI. For instance, Vscan Extend, a handheld and compact ultrasound device offered by GE Healthcare has integrated LVivo EF, an intelligent image-analyzing software developed by DiA Imaging Analysis, a healthcare technology company. This integration allows Vscan Extend to automatically measure ejection fraction (EF), which is crucial for assessing heart health. Portable ultrasound scanners market trends include technological advancements such as integration of artificial intelligence to improve the workflow of ultrasound scanners.

Moreover, the high adoption of portable ultrasound for early disease diagnosis is expected to drive the growth of the market. According to a 2022 article by American Society for Gastrointestinal Endoscopy, handheld bowel sonography (HHBS) is projected to be regarded as a first-line procedure for early diagnosis of Crohn’s disease. In addition, portable ultrasound scanners enable point-of-care imaging, which means they are anticipated to be used directly at the bedside of the patient or in the field, without the need to transport patients to dedicated imaging facilities. This capability allows healthcare providers to perform real-time examinations and make immediate diagnostic decisions, especially in emergency situations, critical care units, and remote areas where access to traditional imaging facilities may be limited. Thus, the adoption of portable ultrasound scanners for early disease diagnosis is expected to drive the growth of the market.

However, limited battery life and lack of skilled people who operate portable ultrasound often function as a restraint for the growth of the portable ultrasound scanners market size. On the basis of type, the portable ultrasound scanner market is bifurcated into mobile ultrasound scanner and handheld ultrasound scanner. In 2022, the mobile ultrasound scanner segment accounted for the largest share of the market. The dominance of this segment is anticipated to be attributed to the rise in prevalence of chronic diseases and the benefits provided by mobile ultrasound scanners such as convenient, improved ease of operation and portable while delivering high image quality and accuracy.

On the basis of application, the market is segmented into radiology/general imaging, obstetrics/gynecology, cardiology, urology, vascular and others. The radiology/general imaging segment exhibited the highest growth in 2022, and is anticipated to lead during the forecast period, due to rise in demand for high quality diagnostic and therapeutic imaging capabilities as well as rise in awareness related to radiation dose concerns with other imaging modalities.

On the basis of end user, the portable ultrasound scanners market share is segmented into hospitals & clinics, diagnostic labs, maternity center, ambulatory surgery centers and others. The hospitals & clinics segment exhibited the highest growth in 2021, and is anticipated to lead during the portable ultrasound scanners market forecast period, owing to rise in number of patient visits in the hospital for the diagnosis of several types of cancer and chronic diseases, and for the purpose of other procedural applications such as gynecologic, obstetric, vascular, soft tissue screening. On the basis of region, North America has the highest portable ultrasound scanners market share in 2022, and is expected to maintain its lead during the forecast period, owing increased adoption portable ultrasound scanners, rise in healthcare expenditure and high prevalence of chronic diseases. However, Asia-Pacific is expected to exhibit fastest growth during the forecast period, owing to presence of portable ultrasound scanners industry in the country and the strategies they adopt for their product development and technological advancement in portable ultrasound scanners.

Key Findings of The Study

• On the basis of type, the mobile ultrasound scanner segment was the highest contributor to the market in 2022.
• On the basis of application, the radiology/general imaging segment was the highest contributor in 2022.
• On the basis of end user, the hospitals & clinics segment dominated the market in 2022 and is expected to continue this trend during the forecast period.
• On the basis of Region, North America garnered the largest revenue share in 2022, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.