Market Size of Portable Ultrasound Devices Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 2.86 Billion |
| Market Size (2029) | USD 3.87 Billion |
| CAGR (2024 - 2029) | 6.23 % |
| Fastest Growing Market | North America |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Portable Ultrasound Devices Market Analysis
The Portable Ultrasound Devices Market size is estimated at USD 2.86 billion in 2024, and is expected to reach USD 3.87 billion by 2029, growing at a CAGR of 6.23% during the forecast period (2024-2029).
The major factors that are responsible for the growth of the portable ultrasound devices market includes the increasing spectrum of applications of the portable ultrasound, increasing advancements in technology, and the growing prevalence of chronic diseases.
The introduction of portable ultrasound devices has a variety of applications in many emerging fields, like emergency medicine, critical care medicine, and musculoskeletal. Portable ultrasound devices are used for easy access to ultrasound when limited space is there. Currently, these devices are being used in the major areas of diseases, such as cardiology, radiology endocrinology and gynecology. Since there is a rising need of ambulatory services across developing as well as developed countries, the demand for portable ultrasound devices is increasing, which is leading to the growth of the market.
