PUBLISHER: Grand View Research | PRODUCT CODE: 1588317
PUBLISHER: Grand View Research | PRODUCT CODE: 1588317
The global portable ultrasound devices market size is expected to reach USD 7.36 billion by 2030, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.5% from 2025 to 2030. Increased advancements in medical technology, a rise in a patient's preference for minimally invasive treatments, and extensive adoption of imaging systems in emergency care are some of the key factors driving the market.
The demand for portable imaging devices has significantly increased as a result of the rising acceptance of telemedicine and tele-ultrasound methods. To lessen the effects of COVID-19, the government made considerable expenditures on these platforms. Furthermore, wireless portable ultrasound enabled rapid diagnosis, thus reducing the rate of transmission of the virus. The organization, assessment, and diagnosis of COVID-19 patients by healthcare professionals led to a significant increase in the demand for portable ultrasounds during the pandemic.
In December 2021, GE Healthcare announced the acquisition of BK Medical. The ultrasound business of GE Healthcare is expected to expand with the acquisition. Increased capability in the advanced surgical imaging market and considerable synergies are anticipated to further reinforce BK Medical's well-known business.