| Study Period | 2019 - 2032 |
| 2024 Market Size | USD 5.3 Billion |
| 2025 Market Size | USD 5.5 Billion |
| 2032 Forecast | USD 7.6 Billion |
| Growth Rate (CAGR) | 4.70% |
| Largest Region | North America |
| Fastest Growing Region | APAC |
| Nature of the Market | Consolidated |
| Largest Application Category | Obstetrics/Gynecology |
|
Explore the market potential with our data-driven report
The portable ultrasound device market size stands at USD 5.3 billion in 2024, and it is expected to grow at a CAGR of 4.7% during 2025–2032, to reach USD 7.6 billion by 2032. The growth can be ascribed to the rising prevalence of chronic disorders and the increasing adoption of portable ultrasound systems. For instance, in the U.S., about 6 in 10 adults are suffering from at least one chronic disorder and 4 in 10 have two or more disorders. Moreover, among all chronic disorders, cancer and heart diseases account for a major share. The cancerous cell growth can be detected and differentiated between benign and malignant by using such devices.
To expand their share in the market, various key players have announced the availability of novel products with a rising focus on technological advancements. The most recent technological advancement in such devices is contrast-enhanced ultrasound, an emerging technology used for cardiac and abdominal imaging to provide real-time imaging.
Moreover, due to the shift in focus of doctors and patients from invasive methods to non-invasive methods, the market for ultrasound devices will grow at a lucrative rate. The advanced ultrasound systems replaced older transducer systems with a single silicon chip. These systems are also used to detect non-communicable diseases, whose prevalence is increasing rapidly across the world.
For instance, according to the World Health Organization (WHO), non-communicable diseases such as cancer, stroke, and heart disorders are accounted for about 70% of deaths. The non-communicable disorders are mostly caused due to tobacco use, excessive alcohol consumption, unhealthy diets, and physical inactivity.
The trolley/cart-based ultrasound systems account for the larger share in the market and the category is expected to grow in a similar manner during the forecast period. This is due to the increasing adoption of these systems in emergency care for critical patients. Furthermore, these help in rapid diagnosis and provide accurate results, and there is no need to transfer patients in case of severe illness.
The compact/handheld bifurcation will witness the faster growth on account of the rising popularity of point-of-care procedures. Elderly people and those in acute care or long-term care settings are often unable to visit a hospital or clinic. Handheld sonography machines can be easily carried by the technician to such patients’ bedside for a diagnostic or minimally invasive therapeutic procedure, such as an ultrasound-guided biopsy. Considering the rising demand, a number of medical device companies are launching compact sonography scanners for higher convenience for both patients and caregivers.
Here are the categories of this segment:
The obstetrics/gynecology category dominates the market due to the widespread usage of sonography during pregnancy. Doctors recommend at least two ultrasounds for healthy pregnant women and more for those with expected complications. The tests are performed to see the anatomy of the fetus and judge their health in utero. These scans are vital to ascertain any structural abnormalities in the developing fetus and recommend options for after the child is born. In countries where prenatal gender determination is legal, sonograms are also widely performed for this purpose. As per the United Nations, every day, the world sees at least 385,000 births, which is 140 million a year.
The cardiology category is expected to be the fastest-growing during the forecast period, with a CAGR of 5.5%. Portable ultrasound devices are used to diagnose, monitor and evaluate the anatomy of heart in patients suffering with heart diseases. These are used to evaluate blood flow in vessels and heart, contraction, rhythm, assessment of cardiac perfusion and identify abnormal structures inside the heart. It also helps physician to evaluate the function of heart and determine abnormal growths in heart. The cardiovascular portable ultrasound device market is growing significantly due the non-invasive characteristics, high incidence of cardiac diseases, growing geriatric population and increasing demand for point of care.
Color doppler ultrasound is widely performed to ascertain the structural health of the heart and see the blood flow. Cardiac ultrasounds are regularly performed on patient with coronary artery disease, cardiomyopathies, heart valve abnormalities, heart failure, congenital heart defects, and pericardial diseases.
The following applications are considered:
The hospitals & clinics category dominates the market, with 55% share. This is because the majority of ultrasound procedures are performed in hospitals, due to the high footfall of chronic patients. Moreover, well-established infrastructure, the existence of a large number of hospitals, the rise in the adoption of non-invasive procedures, and the introduction of advanced portable systems in such healthcare facilities are boosting the industry growth in this category.
Ambulatory care centers are the fastest-growing category in the market on account of the rising preference for outpatient tests. The availability of cost-effective ultrasound machines has made it possible for people to get scanned at outpatient centers at way lower rates than charged by full-fledged hospitals. Moreover, ambulatory centers offer both diagnostic and minor surgical services, including minimally invasive procedures and guided biopsies. These places have a short waiting time than hospitals, which is another reason for their rising popularity among patients.
We have analyzed these end users:
The diagnostic category holds the larger share due to its increasing usage in diagnosing women’s health because it examines internal organs without exposing patients to ionizing radiation. Moreover, the increasing prevalence of various chronic diseases drives the need for 2D, 3D, and doppler devices. Color ultrasound devices are an advanced form of doppler ultrasound. Their demand is rising at a lucrative rate, as doctors can understand the problem at ease and provide proper treatment with the help of such devices.
The therapeutic category will witness the higher CAGR, of 5.5%, over the forecast period. Extracorporeal shockwave lithotripsy and high-intensity-focused ultrasound devices being increasingly used for treating chronic pain and promoting tissue healing. Over time, numerous new therapeutic applications of ultrasound have emerged, including uterine fibroid ablation, surgical tissue cutting and hemostasis, cataract removal (phacoemulsification), bone fracture healing, lithotripsy (breaking up kidney stones), and transdermal drug delivery.
The following products are covered:
The doppler category holds the largest share, of 40%, in 2024. This is because these machines can fulfill the dual purpose of obstetrics/gynecology and cardiology. This technology allows a normal ultrasound to transform the electrical signals into colors to show the blood flow within the vessels. It is widely performed to diagnose narrowed vessels, blood clots, including DVTS, injuries to the blood vessel, chronic venous insufficiency (CVI), vascular tumors, and renal vascular causes of hypertension and to see the blood flow to transplanted organs.
The 3D & 4D ultrasound category is expected to witness the fastest growth during the forecast period. These machines are majorly used to diagnose fetal defects that can cause problems for the baby after birth. As per studies, almost 8 million babies are born with severe physical defects each year. For higher efficiency, 3D/4D sonography machines are being integrated with AR/ VR, and AI technologies.
These technologies are part of the scope
Drive strategic growth with comprehensive market analysis
North America has the leading position in the portable ultrasound device market, with revenue of USD 2 billion 2024. This is attributed to the presence of a large number of hospitals and the launch of new products by key players in the region. Moreover, the rising prevalence of chronic diseases, the surging government and private funding for R&D in ultrasound imaging, and the presence of a large number of experienced healthcare professionals are the key factors propelling the growth of the regional market.
In North America, the U.S. market holds the leading position, attributed to the robust healthcare infrastructure, technological advancements in the field of diagnostics, and the launch of advanced products in the country. Furthermore, in the U.S., more than 40% of adults suffer from chronic diseases and about 23% of these patients account for hospitalization.
For instance, Philips recently launched its first ultrasound workspace for echocardiography image analysis that can be assessed remotely. Similarly, Mindray Medical has launched a new portable ultrasound device that uses AI-based technology to asses fluid in critically ill patients and provide clear image quality. The availability of a large number of devices makes the healthcare system of the country strong and contributes to the market growth.
The APAC market is expected to progress with the highest CAGR during the forecast period, of 6%. This can be ascribed to a large number of geriatric people suffering from chronic diseases, an increasing need for diagnosis in developing nations such as India and China, and the rising investments in the development of healthcare infrastructure, in the region. APAC witnesses the most pregnancies and births each year, hinting at a massive volume of feta ultrasounds. The geriatric population of the region is also the highest, and it is set to reach almost 923 million by 2025, as per the Asian Development Bank, and 1.3 billion by 2050, as per the United Nations Population Fund. Moreover, China is a major manufacturer of a variety of ultrasound devices, which enables easy access to them at competitive prices.
The geographical analysis of the market is as follows:
Want a report tailored exactly to your business need?
Request CustomizationLeading companies across industries trust us to deliver data-driven insights and innovative solutions for their most critical decisions. From data-driven strategies to actionable insights, we empower the decision-makers who shape industries and define the future. From Fortune 500 companies to innovative startups, we are proud to partner with organisations that drive progress in their industries.
Working with P&S Intelligence and their team was an absolute pleasure – their awareness of timelines and commitment to value greatly contributed to our project's success. Eagerly anticipating future collaborations.
McKinsey & Company
India
Our insights into the minutest levels of the markets, including the latest trends and competitive landscape, give you all the answers you need to take your business to new heights
We take a cautious approach to protecting your personal and confidential information. Trust is the strongest bond that connects us and our clients, and trust we build by complying with all international and domestic data protection and privacy laws
Customize the Report to Align with Your Business Objectives
Request the Free Sample Pages