Market Trends of Portable Ultrasound Devices Industry
This section covers the major market trends shaping the Portable Ultrasound Devices Market according to our research experts:
Mobile Ultrasound Devices is Expected to Grow with High CAGR Over the Forecast Period
The mobile ultrasound devices segment of the portable ultrasound devices market is expected to experience the fastest growth rate over the forecast period. Mobile ultrasound devices are gaining attraction in the developing regions, due to the rising demand for ambulatory care. Although developed countries, like the United States, have a well-established market for handheld ultrasound devices, there is also a rising demand for mobile ultrasound devices. Due to its efficacy in providing mobile care, the segment is expected to grow rapidly over the forecast period.
North America Dominates the Market and Expected to Follow the Same Trend Over the Forecast Period
North America currently dominates the portable ultrasound devices market and is expected to continue its stronghold for a few more years. This can be majorly attributed due to advanced health infrastructure, increasing prevalence of diseases and infections, growing emphasis on the development of innovative products, and rising number of regional companies manufacturing portable ultrasound devices.
Asia Pacific region is also expected to grow at the high CAGR on account of improving health care infrastructure, rising disposable incomes, public growing awareness levels.
