The global “Point-of-care ultrasound market” size is expected to rise from USD 736.4 million in 2020 to USD 1,639.4 million in 2026 at a CAGR of 14.3%. The launch of advanced products coupled with a high need for medical imaging in outpatient care settings will foster healthy growth of the market, states Fortune Business Insights, in a report, titled “Point-of-care Ultrasound Market Size, Share & Industry Analysis, By Product (Cart-based, and Hand-held), By End User (Hospitals, Clinics, and Others), and Regional Forecast, 2020-2026.” The market size stood at USD 693.1 million in 2019 and exhibited a slower growth of 6.2% in 2020, owing to the impact of COVID-19.

The coronavirus incident has caused enormous losses to various industries across the globe. The governments of several countries have instigated lockdown to thwart the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies to receive in-depth information about the present scenario of every market so that you can adopt the necessary strategies accordingly.

Major Point-of-care Ultrasound Market Key players covered in the report include:

  • GE Healthcare (Chicago, U.S.)
  • Koninklijke Philips N.V. (Amsterdam, The Netherlands)
  • FUJIFILM Sonosite, Inc. (Bothell, U.S.)
  • ALPINION MEDICAL SYSTEMS Co., Ltd. (Seoul, South Korea)
  • Hitachi Ltd. (Tokyo, Japan)
  • Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (Shenzhen, China)
  • EDAN Instruments (Shenzhen, China)
  • Terason Corporation (Burlington, U.S.)
  • CHISON Medical Technologies (Jiangsu, China)
  • Healcerion (Seoul, South Korea)
  • Butterfly Network, Inc. (Guilford, U.S.)
  • Bard Access Systems Inc. (Becton, Dickinson, and Company) (Salt Lake City, U.S.)
  • Teknova Medical Systems Co., Ltd. (Beijing, China)
  • Advanced Instrumentations (Miami, Florida)
  • DRE Medical (Kentucky, U.S.)
  • DRAMIƃSKI S. A. (Olsztyn, Poland)
  • Landwind Medical (Shenzhen, China)
  • Shenzhen AnaSonic Bio-Medical Technology Co., Ltd. (University Town of Shenzhen, China)
  • Other Players

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Our research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers and acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.

It offers figurative estimations for upcoming years on the basis of the recent developments and historic data. For gathering information and estimating revenue for all segments, researchers have used top-down and bottom-up approaches. On the basis of data collected from primary and secondary research and trusted data sources the report will help both existing and new aspirants for market to figure out and study the market’s needs, market size, and competition.

Point-of-care Ultrasound Market Analysis 2021:

Market Driver:

Surging Demand for Outpatient Care to Incite Business Development

The shift from inpatient care to outpatient care is expected to have an outstanding impact on the global market during the forecast period. The higher adoption of point-of-care ultrasound systems will enable speedy expansion of the market. Furthermore, the introduction of new treatment methods and technological developments in medical equipment will foster the market's healthy growth. The new government initiatives and patient preference will simultaneously improve the prospects of the industry in the foreseeable future. The gradual shift for outpatient care settings in retail clinics, urgent care centers, and ambulatory surgical centers will create lucrative opportunities for the market. However, lack of awareness about the highly advanced point of care ultrasound systems is expected to restrain the market's growth.

To get to know more about the short-term and long-term impact of COVID-19 on this market, please visit : https://www.fortunebusinessinsights.com/point-of-care-ultrasound-market-103343