+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Global Handheld Ultrasound Imaging Devices Market, 2020-2030

  • ID: 5093944
  • Report
  • May 2020
  • Region: Global
  • 238 Pages
  • Roots Analysis
1 of 4

Enquire about COVID-19 updates for this product.

Enquire Now

FEATURED COMPANIES

  • Affidea
  • Carestream Health
  • General Hospital Korea
  • Klinikum Stuttgart
  • Partners HealthCare
  • SonoSim
  • MORE

Overview

I believe that adoption of handheld ultrasound imaging devices can lead to about 10% enhancement in physicians’ / radiologists’ efficiency, thereby allowing them to perform more scans in a single day
- CEO, a Germany-based small-sized company

Since the discovery of ultrasound, the field of medical imaging has evolved significantly, offering non-invasive means for physicians to accurately visualize almost all major organ systems for diagnostic purposes. However, conventional medical imaging solutions are severely limited in terms of mobility, throughput and are usually dependent on stationary power sources. As a result, they are impractical in situations characterized by low physician / pathologist to patient ratios. There is, therefore, an urgent need for solutions that can increase diagnosis efficiency in order to relieve the overly-burdened global healthcare system. Handheld ultrasound imaging devices are lightweight, mobile or portable devices / scanners, which are designed for diagnostic purposes. The applications of such devices in modern healthcare are vast, spanning almost all major medical disciplines, such as abdomen, cardiology, gynecology, musculoskeletal, obstetrical, orthopedics, pediatrics and urology. In this context, it is worth mentioning that multiple studies have recently described the use of handheld ultrasound scanners in diagnosing individuals suspected of having contracted the novel coronavirus (COVID-19). Considering the lack / scarcity of confirmatory tests, these devices have proven useful in quarantining those who displayed pleural wall thickening and lung congestion, a characteristic of pneumonia.

Presently, a number of handheld ultrasound imaging devices, and several device developers are engaged in efforts to further improve their products, incorporating features, such as customized software and mobile applications (designed to display / analyze scanned images), advanced safety provisions, remote patient monitoring and other smart functions. However, a significant proportion of medical professionals have limited, or no, access to these handheld ultrasonography scanners. This, coupled to the fact that nearly 40% of ultrasound scanners in resource-deprived countries are reportedly not fully functional, is an impediment to healthcare. It is also important to note that the cost of handheld / portable scanners is significantly lower than their counterparts. For instance, Butterfly iQ is a handheld ultrasound scanner that is available at merely 2% of the cost of a traditional ultrasound machine (USD 100,000). In future, such devices are anticipated to become more popular and eventually replace bulky, traditional medical imaging machines. In fact, the increasing interest in point-of-care diagnostics is anticipated to create lucrative opportunities for stakeholders engaged in this field.

Scope of the Report

The “Global Handheld Ultrasound Imaging Devices Market, 2020-2030” report features an extensive study of the current market landscape, offering an informed opinion on the likely adoption of such compact diagnostic devices, over the next decade. The report features an in-depth analysis, highlighting the capabilities of various stakeholders engaged in this domain.

In addition to other elements, the study includes:

  • An overview of the current market landscape of the handheld ultrasound imaging devices, providing information on the status of development, application area (abdomen, cardiac, gynecological, pulmonary, urological scanning and others), weight of device, type of transducer array (convex / curved, linear, micro-convex, transvaginal, phased and others), transducer frequency, mode of imaging (brightness, color doppler, motion, power doppler, pulsed wave, tissue harmonic and others), field of view, scanning depth, type of software (smartphone application and customized software application), connectivity provision (universal serial bus (USB), cellular / WiFi and bluetooth), data management feature(s) (internal, external, and cloud / remote monitoring), battery backup and cost of device. In addition, it presents details of the device developers, highlighting year of establishment, company size, type of business model used (B2B and B2C), target market (domestic and domestic and international) and location of headquarters. Further, it highlights the key initiatives taken by the various device developers to tackle the on-going global pandemic of COVID-19.
  • An in-depth analysis of the contemporary market trends, presented using four schematic representations, including [A] a bubble analysis comparing the leading players engaged in the development of handheld ultrasound imaging devices, based on the parameters, such as application area, mode of imaging, number of devices and company size, [B] a grid representation illustrating the distribution of scanners based on application area, type of transducer array and type of software, [C] an insightful heat map representation, highlighting the distribution of devices on the basis of application area and mode of imaging, and [D] a tree map representation of the handheld ultrasound imaging devices, distributed on the basis of mode of imaging and connectivity provision.
  • Elaborate profiles of mid-sized / large companies that are engaged in the development of handheld ultrasound imaging scanners. Each company profile features a brief overview of the company (with information on year of establishment, number of employees, location of headquarters and key members of the executive team), details of their respective product portfolio, recent developments and an informed future outlook
  • A detailed brand positioning analysis of key industry players, highlighting the current perceptions regarding their proprietary brands by taking into consideration several relevant aspects, such as strength of product portfolio, type of software, mode of imaging, connectivity provisions,  geographical presence / reach and supplier power of each company.
  • An analysis of the partnerships that have been inked by stakeholders in the domain, during the time period 2010-2020 (till April), covering licensing agreements, acquisitions and mergers, research and development agreements, product distribution agreements and other relevant types of deals
  • An insightful analysis highlighting cost saving potential associated with the use of handheld ultrasound imaging devices, based on information from close to 50 countries, taking into consideration various parameters, such as total number of radiologists, annual salary, number of ultrasound scans performed and increase in efficiency by adoption of these handheld ultrasound imaging devices.
  • An informed estimate of the global demand for handheld ultrasound imaging devices for the period 2020-2030, taking into account the impact of COVID-19, historical sales of these devices, and annual revenues (generated by sales of these devices) of prominent device manufacturers
  • A review of the product distribution strategies adopted by different end-users, demand and market attractiveness for handheld ultrasound imaging devices across different types of end-users, including diagnostic imaging centers, hospitals, clinics and others.
  • An insightful discussion on the impact of COVID-19 on the overall handheld ultrasound imaging devices market, along with the key lessons learnt from big pharma players in 2008 recession.
  • An informative analysis of contemporary Google Trends in the time period between 2015 and 2020 (till April) and insights from the recent news articles related to handheld ultrasound imaging devices, indicating the increasing popularity of this domain.

One of the key objectives of the report was to estimate the existing market size and the future opportunity for handheld ultrasound imaging device manufacturer over the next decade. Based on the demand, likely adoption, and expected price variations for these devices, we have provided an informed estimate of the evolution of the market for the period 2020-2030. The report also features the likely distribution of the current and forecasted opportunity within handheld ultrasound imaging devices market across [A] application area (cardiac, emergency medicines, gynecological / obstetrics, musculoskeletal, pulmonary, urological, vascular and other application areas), [B] type of transducer array (curved, endocavity, linear, phased and other scanners), [C] type of software (smartphone application and customized software-based scanners), [D] end-users (ambulatory surgical centers, diagnostic imaging centers, hospitals, maternity clinics, specialty clinics and other end-users), and [E] key geographical regions (North America, Europe and Asia-Pacific and rest of the world). In order to account for future uncertainties and to add robustness to our model, we have provided three forecast scenarios, namely conservative, base and optimistic scenarios, representing different tracks of the industry’s growth.

The opinions and insights presented in the report were influenced by discussions held with senior stakeholders in the industry. The report features detailed transcripts of interviews held with the following industry stakeholders:

  • Stefan Maas (Chief Executive Officer, SomaView)
  • Anais Concepcion (Director of Content and Digital Campaigns, EchoNous)
  • Zhengzheng Zhu (International Business Development, PeakSonic)

All actual figures have been sourced and analyzed from publicly available information forums and primary research discussions. Financial figures mentioned in this report are in USD, unless otherwise specified.

Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Affidea
  • Carestream Health
  • General Hospital Korea
  • Klinikum Stuttgart
  • Partners HealthCare
  • SonoSim
  • MORE

1. PREFACE
1.1. Scope of the Report
1.2. Research Methodology
1.3. Chapter Outlines

2. EXECUTIVE SUMMARY

3. INTRODUCTION
3.1. Chapter Overview
3.2. Introduction to Ultrasound Imaging
3.3. Historical Evolution of Ultrasound Imaging
3.4. Challenges with Conventional Ultrasound Imaging Devices
3.5. Introduction to Portable Ultrasound Imaging Devices
3.5.1. Device Classification
3.5.1.1. Movable Ultrasound Imaging Devices
3.5.1.2. Handheld Ultrasound Imaging Devices
3.5.2. Key Application Areas
3.5.3. Regulatory Guidelines
3.5.4. Key Advantages and Roadblocks
3.6. Prevalent Trends Related to Handheld Ultrasound Imaging Devices
3.6.1. Emerging Focus Areas
3.6.2. Key Historical Trends
3.6.3. Geographical Distribution of Activity

4. MARKET LANDSCAPE
4.1. Chapter Overview
4.2. Handheld Ultrasound Imaging Devices: Overall Market Landscape
4.2.1. Analysis by Status of Development
4.2.2. Analysis by Application Area
4.2.3. Analysis by Weight of Device
4.2.4. Analysis by Type of Transducer Array
4.2.5. Analysis by Transducer Frequency
4.2.6. Analysis by Mode of Imaging
4.2.7. Analysis by Scanning Depth
4.2.8. Analysis by Type of Software
4.2.9. Analysis by Connectivity Provisions
4.2.10. Analysis by Data Management Feature(s)
4.2.11. Analysis by Battery Backup
4.2.12. Analysis by Cost of Device
4.3. Handheld Ultrasound Imaging Devices: Additional Information
4.4. Handheld Ultrasound Imaging Devices: Information on Affiliated Technologies
4.5. Handheld Ultrasound Imaging Devices: List of Manufacturers
4.5.1. Analysis by Year of Establishment
4.5.2. Analysis by Company Size
4.5.3. Analysis by Types of Business Model Used
4.5.4. Analysis by Target Market
4.5.5. Analysis by Location of Headquarters
4.5.6. Leading Manufacturers: Analysis by Number of Products
4.6. Handheld Ultrasound Imaging Devices: Product Competitiveness Analysis
4.7. Leading Manufacturers: 4D Bubble Analysis based on Application area, Mode of Imaging, Number of Devices and Company Size
4.8. Grid Representation: Analysis by Application Area, Type of Transducer Array and Type of Software
4.9. Heat Map Representation: Analysis by Application Area and Mode of Imaging
4.10. Tree Map Representation: Analysis by Mode of Imaging and Connectivity Provision
4.11. World Map Representation: Regional Activity
4.12. Handheld Scanners with Potential for Use during the COVID-19 Pandemic

5. COMPANY PROFILES
5.1. Chapter Overview
5.2. Butterfly Network
5.2.1. Company Overview
5.2.2. Product Portfolio: Handheld Ultrasound Imaging Devices
5.2.3. Recent Developments and Future Outlook
5.3. Clarius Mobile Health
5.3.1. Company Overview
5.3.2. Product Portfolio: Handheld Ultrasound Imaging Devices
5.3.3. Recent Developments and Future Outlook
5.4. EchoNous
5.4.1. Company Overview
5.4.2. Product Portfolio: Handheld Ultrasound Imaging Devices
5.4.3. Recent Developments and Future Outlook
5.5. Fujifilm
5.5.1. Company Overview
5.5.2. Product Portfolio: Handheld Ultrasound Imaging Devices
5.5.3. Recent Developments and Future Outlook
5.6. GE Healthcare
5.6.1. Company Overview
5.6.2. Product Portfolio: Handheld Ultrasound Imaging Devices
5.6.3. Recent Developments and Future Outlook
5.7. Philips
5.7.1. Company Overview
5.7.2. Product Portfolio: Handheld Ultrasound Imaging Devices
5.7.3. Recent Developments and Future Outlooks
5.8. WuHan Youkey Bio-Medical Electronics
5.8.1. Company Overview
5.8.2. Product Portfolio: Handheld Ultrasound Imaging Devices
5.8.3. Recent Developments and Future Outlook

6. BRAND POSITIONING ANALYSIS OF KEY PLAYERS
6.1. Chapter Overview
6.2. Scope and Methodology
6.3. Brand Positioning Matrix: Butterfly Network
6.4. Brand Positioning Matrix: Clarius Mobile Health
6.5. Brand Positioning Matrix: EchoNous
6.6. Brand Positioning Matrix: Fujifilm
6.7. Brand Positioning Matrix: GE Healthcare
6.8. Brand Positioning Matrix: Philips
6.9. Brand Positioning Matrix: WuHan Youkey Bio-Medical Electronics

7. PARTNERSHIPS AND COLLABORATIONS
7.1. Chapter Overview
7.2. Partnership Models
7.3. Handheld Ultrasound Imaging Devices: List of Partnerships and Collaborations
7.3.1. Analysis by Year of Partnership
7.3.2. Analysis by Type of Partnership
7.3.3. Analysis by Year and Type of Partnership
7.3.4. Analysis by Type of Partner
7.3.5. Analysis by Focus Area
7.3.6. Most Active Players: Analysis by Number of Partnerships
7.3.7. Regional Analysis
7.3.8. Intercontinental and Intracontinental Agreements

8. COST SAVING ANALYSIS
8.1. Chapter Overview
8.2. Key Assumptions
8.3. Methodology
8.4. Key Parameters Influencing the Cost of Handheld Ultrasound Imaging Devices
8.5. Overall Cost Saving Potential of Handheld Ultrasound Imaging Devices, 2020-2030
8.6. Cost Saving Potential of Handheld Ultrasound Imaging Devices: Analysis by Geography
8.6.1. Cost Saving Potential of Handheld Ultrasound Imaging Devices in North America, 2020-2030
8.6.2. Cost Saving Potential of Handheld Ultrasound Imaging Devices in Europe, 2020-2030
8.6.3. Cost Saving Potential of Handheld Ultrasound Imaging Devices in Asia-Pacific and Rest of the World, 2020-2030
8.7. Cost Saving Potential of Handheld Ultrasound Imaging Devices: Analysis by Economic Strength
8.7.1. Cost Saving Potential of Handheld Ultrasound Imaging Devices in High Income Countries, 2020-2030
8.7.2. Cost Saving Potential of Handheld Ultrasound Imaging Devices in Upper Middle Income Countries, 2020-2030
8.7.3. Cost Saving Potential of Handheld Ultrasound Imaging Devices in Lower Middle Income Countries, 2020-2030
8.8. Concluding Remarks: Cost Saving Scenarios

9. DEMAND ANALYSIS
9.1. Chapter Overview
9.2. Methodology
9.3. Impact of COVID-19 Pandemic on Global Demand for Handheld Ultrasound Imaging Devices
9.4. Overall Global Demand for Handheld Ultrasound Imaging Devices, 2020-2030
9.5. Global Demand for Handheld Ultrasound Imaging Devices: Analysis by Key Industry Players
9.6. Global Demand for Handheld Ultrasound Imaging Devices: Analysis by End-Users

10. MARKET FORECAST
10.1. Chapter Overview
10.2. Forecast Methodology and Key Assumptions
10.3. Impact of COVID-19 Pandemic on Handheld Ultrasound Imaging Devices Market
10.4. Overall Handheld Ultrasound Imaging Devices Market, 2020-2030
10.4.1. Handheld Ultrasound Imaging Devices Market: Distribution by Application Area
10.4.1.1. Handheld Ultrasound Imaging Devices Market for Cardiac Scanning, 2020-2030
10.4.1.2. Handheld Ultrasound Imaging Devices Market for Emergency Medicines, 2020-2030
10.4.1.3. Handheld Ultrasound Imaging Devices Market for Gynecological / Obstetrics Scanning, 2020-2030
10.4.1.4. Handheld Ultrasound Imaging Devices Market for Musculoskeletal Scanning, 2020-2030
10.4.1.5. Handheld Ultrasound Imaging Devices Market for Pulmonary Scanning, 2020-2030
10.4.1.6. Handheld Ultrasound Imaging Devices Market for Urological Scanning, 2020-2030
10.4.1.7. Handheld Ultrasound Imaging Devices Market for Vascular Surgery, 2020-2030
10.4.1.8. Handheld Ultrasound Imaging Devices Market for Other Application Areas, 2020-2030
10.4.2. Handheld Ultrasound Imaging Devices Market: Distribution by Type of Transducer Array
10.4.2.1. Handheld Ultrasound Imaging Devices Market for Curved Array-based Scanners, 2020-2030
10.4.2.2. Handheld Ultrasound Imaging Devices Market for Endocavity Array-based Scanners, 2020-2030
10.4.2.3. Handheld Ultrasound Imaging Devices Market for Linear Array-based Scanners, 2020-2030
10.4.2.4. Handheld Ultrasound Imaging Devices Market for Phased Array-based Scanners, 2020-2030
10.4.2.5. Handheld Ultrasound Imaging Devices Market for Other Scanners, 2020-2030
10.4.3. Handheld Ultrasound Imaging Devices Market: Distribution by Type of Software
10.4.3.1. Handheld Ultrasound Imaging Devices Market for Smartphone Application-based Scanners, 2020-2030
10.4.3.2. Handheld Ultrasound Imaging Devices Market for Customized Software-based Scanners, 2020-2030
10.4.4. Handheld Ultrasound Imaging Devices Market: Distribution by End-Users
10.4.4.1. Handheld Ultrasound Imaging Devices Market for Ambulatory Surgical Centers, 2020-2030
10.4.4.2. Handheld Ultrasound Imaging Devices Market for Diagnostic Imaging Center, 2020-2030
10.4.4.3. Handheld Ultrasound Imaging Devices Market for Hospitals, 2020-2030
10.4.4.4. Handheld Ultrasound Imaging Devices Market for Maternity Clinics, 2020-2030
10.4.4.4. Handheld Ultrasound Imaging Devices Market for Specialty Clinics, 2020-2030
10.4.4.4. Handheld Ultrasound Imaging Devices Market for Other End-Users, 2020-2030
10.5.5. Handheld Ultrasound Imaging Devices Market: Distribution by Key Geographical Regions
10.5.5.1. Handheld Ultrasound Imaging Devices Market in North America, 2020-2030
10.5.5.2. Handheld Ultrasound Imaging Devices Market in Europe, 2020-2030
10.5.5.3. Handheld Ultrasound Imaging Devices Market in Asia-Pacific and Rest of the World, 2020-2030
10.6. Concluding Remarks

11. END-USER SPECIFIC OPPORTUNITY ANALYSIS
11.1. Chapter Overview
11.2. Methodology
11.3. Distribution Strategies Adopted by Device Developers
11.4. Demand for Handheld Ultrasound Imaging Devices
11.4.1. End-User Demand Analysis: Diagnostic Imaging Centers, 2020-2030
11.4.2. End-User Demand Analysis: Hospitals, 2020-2030
11.4.3. End-User Demand Analysis: Clinics, 2020-2030
11.4.4. End-User Demand Analysis: Other End-Users, 2020-2030
11.5. Market Attractiveness Analysis
11.5.1. End-User Market Attractiveness: Diagnostic Imaging Centers, 2020-2030
11.5.2. End-User Market Attractiveness: Hospitals, 2020-2030
11.5.3. End-User Market Attractiveness: Clinics, 2020-2030
11.5.4. End-User Market Attractiveness: Other End-Users, 2020-2030

12. CASE STUDY: IMPACT OF CORONAVIRUS OUTBREAK
12.1. Chapter Overview
12.2. Impact of Coronavirus Pandemic
12.2.1. Short Term Impact
12.2.2. Long Term Impact
12.3. Future Strategies and Action Plans

13. CONCLUSION
13.1. Chapter Overview
13.2. Key Takeaways

14. EXECUTIVE INSIGHTS
14.1. Chapter Overview
14.2. SomaView
14.2.1. Company Snapshot
14.2.2. Interview Transcript: Stefan Mass, Chief Executive Officer
14.3. EchoNous
14.3.1. Company Snapshot
14.3.2. Interview Transcript: Anais Concepcion, Director of Content and Digital Campaigns
14.4. PeakSonic
14.4.1. Company Snapshot
14.4.2. Interview Transcript: Zhengzheng Zhu, International Business Development

15. APPENDIX 1: TABULATED DATA

16. APPENDIX 2: LIST OF COMPANIES AND ORGANIZATIONS

Note: Product cover images may vary from those shown
3 of 4
  • Affidea
  • Aga Khan University Hospital
  • Agilent Technologies
  • Aidmax Medical
  • Alb Fils Kliniken dual-site hospital
  • Allen Institute of Artificial Intelligence
  • American International Medical University
  • Analogic
  • Arthrex
  • Australian Centre for Visual Technologies
  • Beijing Konted Medical Technology
  • BenQ Medical
  • Biim Ultrasound
  • BK Medical
  • Blue Willow Systems
  • Boston Scientific
  • breastIT
  • Butterfly Network
  • Carestream Health
  • CHISON Medical Technologies
  • CJ Medical
  • Clarius Mobile Health
  • Daiichi Sankyo
  • DiA Imaging Analysis
  • EchoNous
  • Emagine Solutions Technology
  • Erasmus University Medical Center
  • Esaote
  • Exo Imaging
  • Fosun Pharmaceutical
  • Fujifilm
  • Fujitsu Australia
  • GE Healthcare
  • General Hospital Korea
  • Guangzhou ICEN Technology
  • Guangzhou Medsinglong Medical Equipment
  • Guangzhou Sonostar Technologies
  • Guangzhou Top Medical Equipment
  • Guanzhou Yueshen Medical Equipment
  • Guy’s and St Thomas’ NHS Foundation Trust
  • Healcerion
  • Healson Technology
  • Hologic
  • Humana
  • Hunan Runkun Pharmaceutical
  • Infinite Leap
  • Inspira Health
  • Intelligent Ultrasound
  • Interson Medical Instruments
  • KindredBio
  • Kitware
  • KKR
  • Klinikum Stuttgart
  • Kyoto University
  • Mater Private Hospital
  • Medical Devices and Testing
  • Medumo
  • MicroElastic Ultrasound Systems
  • Mindray Medical
  • Ministry of Health, Murcia
  • München Klinik
  • NightBalance
  • NRW.BANK
  • NVIDIA
  • Oxford Enhanced Medical
  • Paige
  • Paracelsus Clinics
  • Partners HealthCare
  • PeakSonic
  • Philips
  • Point-of-care Ultrasound in Resource-limited Environments
  • PoketSonics
  • Qingdao Harmony International Trade
  • Reacts - Innovative Imaging Technologies
  • Regional Medical Center
  • Renew Group
  • RIVANNA
  • Samsung
  • Sana Kliniken Leipziger Land Clinic for Pediatric and Adolescent Medicine
  • Savvik Buying Group
  • Shenzhen Better Instrument
  • Siemens Healthineers
  • Somax Systems
  • Sonoscanner
  • SonoSim
  • Sound Technology
  • The American Nurses Foundation
  • Toshiba
  • Uganda Cancer Institute
  • UltraSee
  • Ultrasonix Medical Corporation
  • Ultrasound Podcast
  • United Nations Population Fund
  • University Hospital Southampton NHS Foundation Trust
  • University of Alberta
  • University of Missouri System
  • Vanderbilt University Medical Center
  • VieCuri Medical Center
  • VINNO
  • WuHan Youkey Bio-Medical Electronics
  • Xhale Assurance
  • Yor Labs
  • Zaans Medical Center
  • Ziteo Medical
Note: Product cover images may vary from those shown
4 of 4

 

 

Loading
LOADING...

Adroll
adroll