Infinium Global Research Portable Ultrasound Devices Market | Page 3

Portable Ultrasound Devices Market: Trends and Forecast -2024 market. However, High Costs of the Portable Ultrasound Systems can hinder the portable ultrasound devices market. Also some of the others factors that can likely hinder the growth opportunities include lack of dedicated training programs and growth of market dependent on ambulatory/remote patient care infrastructure. Furthermore, reduction in the prices of ultrasound devices can further fuel growth opportunities in near future Geographically, North America accounted for the largest market share in 2017, in terms of revenue. The U.S region is responsible for driving growth in North America region on account improved healthcare infrastructure, government initiatives and support for technological advancements, and ease of reimbursement. Asia Pacific region is expected to grow at the soaring CAGR on account of improving healthcare infrastructure, rising disposable incomes, public growing awareness levels. Segment Covered The report on global portable ultrasound devices market covers segments such as, type of device, application and end-user. On the basis of type of device the global portable ultrasound devices market is categorized into mobile ultrasound device and hand-held ultrasound device. On the basis of application the global portable ultrasound devices market is categorized into cardiovascular, obstetrics and gynecology, gastric, musculoskeletal and others. On the basis of end-user the global portable ultrasound devices market is categorized into hospitals, diagnostic centers, ambulatory care centers and others. Geographic Coverage The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2016-2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2018-2024. 3 © Infinium Global Research