North America point of care ultrasound market is anticipated to gain momentum, recording a 4% CAGR over the next few years with robust consumer awareness for early disease diagnosis and the prevalence of chronic conditions. Technological progressions in sonography techniques and devices will boost regional demand.
The influx of the latest technologies and the spike in the number of birth rates worldwide will influence point of care ultrasound market trends over the coming years. Point-of-care ultrasound machines are used for the diagnosis of trauma injuries in emergency departments. They also witness higher demand in pregnancy cases to detect anomalies as well as to monitor the fetal heart rate and free fluids as they offer ease of access to different baby positions inside the womb.
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Recent technological advancements have led to the development of miniature POCUS that range from stationary high-end systems to small sized devices that can easily be used to perform bedside tests as well as attain increased accuracy compared to traditional stethoscopes.
Rising elderly population, mostly prone to acute healthcare conditions like arthritis, heart disease, cancer, respiratory diseases and more, will help in augmenting point of care ultrasound market size. For instance, reports from World Population Ageing 2017 cite that the total number of people aged above 80 across the globe will increase from 137 million to 425 million between 2017 and 2050.
Therapeutic devices contributed to 30% of the global point of care ultrasound market share in 2018 and are likely to amass a substantial revenue through the next few years. This can be owed to the higher preference for these devices in home care settings as they render patients with real-time data in the comfort of their homes.
With POCUS becoming a rather common diagnostic tool for cardiac resuscitation and helping in identifying anatomic causes for cardiac issues, POC ultrasound market will have much to gain from cardiology applications. Indeed, point of care ultrasound market size from cardiology applications is slated to show a CAGR of 5.3% over 2019-2025.
Trolley based point of care ultrasound devices contributed to an annual remuneration of more than USD 1.4 billion in 2018 due to their increasing utilization in emergency and acute care settings. Owing to their effective portable features, the trolley based devices can be treated as an essential instrument across healthcare settings.
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Partial Chapter of the Table of Content
Chapter 4. Point of Care Ultrasound Market, By Type
4.1. Key segment trends
4.2. Diagnostic devices
4.2.1. Market size, by region, 2014-2025
4.3. Therapeutic devices
4.3.1. Market size, by region, 2014-2025
Chapter 5. Point of Care Ultrasound Market, By Portability
5.1. Key segment trends
5.2. Trolley based devices
5.2.1. Market size, by region, 2014-2025
5.3. Handheld devices
5.3.1. Market size, by region, 2014-2025
Chapter 6. Point of Care Ultrasound Industry, By Application
6.1. Key segment trends
6.2. Emergency medicine
6.2.1. Market size, by region, 2014-2025
6.3.1. Market size, by region, 2014-2025
6.4. Obstetrics/gynecology (OB/GYN)
6.4.1. Market size, by region, 2014-2025
6.5.1. Market size, by region, 2014-2025
6.6. Vascular surgery
6.6.1. Market size, by region, 2014-2025
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