The Europe Point-of-care Ultrasound Market should witness market growth of 13.6% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 36,203.1 units, showcasing a growth of 14.6% (2019-2022).
The rising use of point-of-care ultrasound in emergency rooms, rising birth rates, technological advancements in developed economies, an increase in the burden of disease, and a rapidly growing geriatric population are some of the primary factors driving this market. In conclusion, market expansion will be aided by the rise in chronic diseases and the need for point-of-care in emergency rooms.
Growing health expenditures in emerging nations will favour the market. Additionally, the continuous demand for portable point-of-care ultrasound devices to improve clinical outcomes and operational effectiveness positively affects market expansion. Point-of-care ultrasound devices will be encouraged, and practitioners from all disciplines will be educated through marketing initiatives sponsored by groups like the Society of Point of Care Ultrasound (POCUS).
Focused cardiac ultrasonography (FoCUS) and lung ultrasound (LUS) are two examples of POCUS applications that anesthesia providers should be aware of. POCUS is also used to determine the gestational age, number of babies (twins/triplets), fetal viability, and intrauterine pregnancy. Additionally, this technique gives medical professionals the real-time information they need to manage and treat injured patients in emergencies, military medicine, and remote care facilities.
According to a United Nations (UN) assessment of the French aging policy, France, like other European countries, has experienced a continuous and significant increase in the population of seniors. In France, there were 15 million people over 60 in 2012. Twenty-four million individuals will be a component of this in 2060. Growth prospects are anticipated to be favourable due to the rising probability of conditions that could require ultrasound among the aging populations in European countries.
The Germany market dominated the Europe Point-of-care Ultrasound Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $219.7 Million by 2030. The UK market is exhibiting a CAGR of 12.7% during (2023-2030). Additionally, The France market would experience a CAGR of 14.5% during (2023-2030).
Based on End-user, the market is segmented into Hospitals, Clinics, and Others. Based on Product, the market is segmented into Cart-based, and Compact & Hand-held. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include GE HealthCare Technologies, Inc., Koninklijke Philips N.V., FUJIFILM Sonosite, Inc. (Fujifilm Holdings Corporation), Alpinion Medical Systems Co., Ltd. (ILJIN Group), Hitachi, Ltd., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Terason, Healcerion Co., Ltd., Edan Instruments, Inc. and Chilson Medical Technologies Co., Ltd.
The rising use of point-of-care ultrasound in emergency rooms, rising birth rates, technological advancements in developed economies, an increase in the burden of disease, and a rapidly growing geriatric population are some of the primary factors driving this market. In conclusion, market expansion will be aided by the rise in chronic diseases and the need for point-of-care in emergency rooms.
Growing health expenditures in emerging nations will favour the market. Additionally, the continuous demand for portable point-of-care ultrasound devices to improve clinical outcomes and operational effectiveness positively affects market expansion. Point-of-care ultrasound devices will be encouraged, and practitioners from all disciplines will be educated through marketing initiatives sponsored by groups like the Society of Point of Care Ultrasound (POCUS).
Focused cardiac ultrasonography (FoCUS) and lung ultrasound (LUS) are two examples of POCUS applications that anesthesia providers should be aware of. POCUS is also used to determine the gestational age, number of babies (twins/triplets), fetal viability, and intrauterine pregnancy. Additionally, this technique gives medical professionals the real-time information they need to manage and treat injured patients in emergencies, military medicine, and remote care facilities.
According to a United Nations (UN) assessment of the French aging policy, France, like other European countries, has experienced a continuous and significant increase in the population of seniors. In France, there were 15 million people over 60 in 2012. Twenty-four million individuals will be a component of this in 2060. Growth prospects are anticipated to be favourable due to the rising probability of conditions that could require ultrasound among the aging populations in European countries.
The Germany market dominated the Europe Point-of-care Ultrasound Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $219.7 Million by 2030. The UK market is exhibiting a CAGR of 12.7% during (2023-2030). Additionally, The France market would experience a CAGR of 14.5% during (2023-2030).
Based on End-user, the market is segmented into Hospitals, Clinics, and Others. Based on Product, the market is segmented into Cart-based, and Compact & Hand-held. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include GE HealthCare Technologies, Inc., Koninklijke Philips N.V., FUJIFILM Sonosite, Inc. (Fujifilm Holdings Corporation), Alpinion Medical Systems Co., Ltd. (ILJIN Group), Hitachi, Ltd., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Terason, Healcerion Co., Ltd., Edan Instruments, Inc. and Chilson Medical Technologies Co., Ltd.
Scope of the Study
By End-user (Volume, Units, USD Million, 2019-2030)
- Hospitals
- Clinics
- Others
By Product (Volume, Units, USD Million, 2019-2030)
- Cart-based
- Compact & Hand-held
By Country (Volume, Units, USD Million, 2019-2030)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- GE HealthCare Technologies, Inc.
- Koninklijke Philips N.V.
- FUJIFILM Sonosite, Inc. (Fujifilm Holdings Corporation)
- Alpinion Medical Systems Co., Ltd. (ILJIN Group)
- Hitachi, Ltd.
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- Terason
- Healcerion Co., Ltd.
- Edan Instruments, Inc.
- Chilson Medical Technologies Co., Ltd.
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Europe Point-of-care Ultrasound Market by End User
Chapter 6. Europe Point-of-care Ultrasound Market by Product
Chapter 7. Europe Point-of-care Ultrasound Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- GE HealthCare Technologies, Inc.
- Koninklijke Philips N.V.
- FUJIFILM Sonosite, Inc. (Fujifilm Holdings Corporation)
- Alpinion Medical Systems Co., Ltd. (ILJIN Group)
- Hitachi, Ltd.
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- Terason
- Healcerion Co., Ltd.
- Edan Instruments, Inc.
- Chilson Medical Technologies Co., Ltd.
Methodology
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