Handheld Ultrasound Scanner Market

Handheld Ultrasound Scanner Market Outlook (2024 to 2034)

The global handheld ultrasound scanner market size is anticipated to be worth USD 750.3 million by 2034. According to the estimates, the market is projected to clock a 3.90% CAGR until 2034. In 2024, the handheld ultrasound scanner market size is valued at USD 511.8 million.

Attribute	Details
Handheld Ultrasound Scanner Market Size, 2023	USD 507.7 million
Handheld Ultrasound Scanner Market Size, 2024	USD 511.8 million
Handheld Ultrasound Scanner Market Size, 2034	USD 750.3 million
Value CAGR (2024 to 2034)	3.90%

Key Market Highlights

Artificial Intelligence Integration Surges in the Market

Integrating artificial intelligence (AI) into portable ultrasound scanners is a strategic step to distinguish offerings and gain market share. Manufacturers can boost their gadgets' diagnostic precision and efficacy by using AI algorithms for picture interpretation and analysis. This technology-driven strategy enhances the performance of handheld ultrasound scanners and positions enterprises as pioneers in the competitive medical imaging industry, resulting in increased consumer uptake and brand loyalty.

Leveraging this trend, Exo launched an AI-powered Iris System in September 2023. Iris' handheld probe has a 150-degree field of vision, which its inventor claims can cover a whole liver or an entire fetus, as well as a depth of 30 centimeters.

Rising Importance of Preventive Healthcare Presents Opportunities in the Market

The focus on preventative healthcare presents a business opportunity for manufacturers of handheld ultrasound scanners. Companies can take the lead in supporting preventive healthcare initiatives by offering devices to detect illnesses early on in screening programs targeting cancer, cardiovascular disorders, and other common conditions.

This strategy has a unique selling proposition that appeals to healthcare professionals, organizations, and stakeholders involved in preventive healthcare methods, and it is in line with the larger trend toward proactive healthcare.

Manufacturers Capitalize on Smartphone Connectivity and Mobile Apps

Adopting smartphone connections and creating specific mobile applications for handheld ultrasound scanner is a calculated move that can enhance market appeal and product use. Businesses can boost workflow efficiency and patient care by giving healthcare personnel fast access to imaging data and analysis tools through seamless connectivity with smartphones and tablets. This customer-focused strategy increases the product's value and encourages brand loyalty, propelling market penetration and revenue growth.

Recognizing this tendency, in January 2024, Clarius Mobile Health, located in Canada, announced the launch of their groundbreaking Clarius PAL HD3 wireless portable whole-body ultrasound scanner in Australia. Clarius is as small as an iPhone and compatible with iOS and Android smartphones, allowing for easy patient transfer.

Handheld Ultrasound Scanner Market Trends Analysis

Trends	The growth of telemedicine and remote patient monitoring is significantly influencing the handheld ultrasound scanner industry. There is growing interest in the integration of AR and VR technologies with handheld ultrasound instruments. It is becoming increasingly necessary for handheld ultrasound scanners to include three- and four-dimensional (3D) imaging capabilities. The growing interest in wearable ultrasound technologies is changing market dynamics. Manufacturers are developing handheld ultrasound scanners customized for musculoskeletal imaging, obstetrics, and cardiology.
Opportunities	The growing focus on global health initiatives, particularly in countries with limited resources, creates an opportunity for manufacturers to help improve healthcare access. Manufacturers could look at cross-border market expansion prospects, particularly in regions with significant demand for portable and point-of-care diagnostic products. The handheld ultrasound industry is expanding outside human healthcare, with an increasing demand for portable ultrasound equipment in veterinary medicine. Handheld ultrasound devices that easily connect to electronic health record (EHR) systems allow companies to improve workflow efficiency in healthcare environments. The expansion of home healthcare opens up the potential for manufacturers to produce portable ultrasound equipment for usage in the home.
Challenges	Even though they are more portable than bigger, conventional ultrasound devices, handheld ultrasound scanners are not as capable of imaging. In some difficult diagnostic situations, the trade-off between mobility and sophisticated imaging characteristics can render them less useful. Handheld ultrasound scanners could only be considered appropriate for rudimentary or preliminary diagnosis by certain medical practitioners. For the industry to grow, it is imperative to change this attitude and present these devices as all-inclusive diagnostic instruments for a range of applications.

Category-wise Insights

Color Scanners Dominate as the Leading Products in the Market

Segment	Color Scanner (Product)
Value Share (2024)	61%

Based on the product, the color scanner segment holds 61% of market shares in 2024.

• The demand for color ultrasound scanners is increasing due to continuous developments in Doppler technology, namely in power Doppler and spectral Doppler imaging modes. These modes aid medical practitioners in reaching more knowledgeable diagnosis conclusions by offering more information about blood flow characteristics.
• When compared to other imaging modalities that use ionizing radiation, color ultrasound scanners are frequently thought to be more patient-friendly. They are, therefore, especially well suited for applications in obstetric and pediatric parameters. Patients and healthcare professionals' broad adoption of color ultrasound imaging can be attributed to its non-invasive nature.

Hospitals Continue to be the Leading End User of Handheld Ultrasound Scanners

Segment	Hospitals (End User)
Value Share (2024)	37%

Based on end user, the hospitals segments captured 37% of market shares in 2024.

• Continuous improvements in ultrasound technologies, such as 3D and 4D imaging, elastography, and increased Doppler capabilities, add to the growing need for this equipment in hospitals. The availability of enhanced features allows healthcare providers to acquire more thorough and nuanced diagnostic results.
• Ultrasound's diagnostic adaptability across several medical disciplines, such as radiology, cardiology, obstetrics, and musculoskeletal imaging, makes it a useful and extensively used tool in hospitals. This broad usefulness adds to the continued and increasing demand for ultrasound instruments.

Country-wise Insights

Countries	Value CAGR (2024 to 2034)
United States	2.5%
Germany	1.50%
Thailand	5.2%
Malaysia	4.7%
India	5.70%

Rise of Mobile Health Apps and Platforms Boosts Demand in the United States

The demand for handheld ultrasound equipment in the United States is projected to surge at a 2.5% CAGR through 2034.

• Handheld ultrasound devices have developed a symbiotic connection with the rise of mobile health apps and platforms. Integration with these systems makes sharing data easier, conducting consultations remotely, and handling patient care in-depth. By carefully matching their products with well-known mobile health ecosystems, manufacturers profit from this trend and help the United States market grow.
• In the United States, there is a growing emphasis on screens for preventive healthcare, which makes compact ultrasound scanners useful instruments for early identification and monitoring. Healthcare providers and institutions looking for sophisticated diagnostic solutions for preventative care programs are drawn to manufacturers that link their marketing strategies with current trends in preventive healthcare and highlight the importance of portable ultrasonography in proactive health management.

Demographic Trends and Aging Population Aid Market Expansion in Germany

The sales of handheld ultrasound equipment in Germany are anticipated to rise at a 1.50% CAGR through 2034.

• Germany's aging population and demographic changes have increased the demand for diagnostic instruments that address age-related health issues. Handheld ultrasound devices can use this demographic trend due to their adaptability in geriatric care. The market is growing because manufacturers who concentrate on applications related to the aging population meet the changing demands of the healthcare system.
• Governmental programs and laws in Germany that encourage healthcare innovation aid in market growth. Government assistance and incentives are available to manufacturers that connect their products with national healthcare goals, such as enhancing patient outcomes and diagnostics, hence creating a favorable market climate for portable ultrasound equipment.

Healthcare Infrastructure Development in Rural Areas Amplifies Demand in Thailand

The handheld ultrasound scanner market growth in Thailand is estimated at a 5.2% CAGR through 2034.

• The ongoing endeavors to enhance the healthcare infrastructure in Thailand's rural areas provide prospects for handheld ultrasound equipment. These devices are portable, making using them easier in places with limited resources and geography. Producing goods with the intention of improving access to healthcare in rural regions gives manufacturers a competitive advantage in the market by supporting larger healthcare infrastructure development efforts.
• Thailand's expanding economy and rising healthcare costs encourage the country to invest in cutting-edge medical technology. Handheld ultrasound scanner manufacturers pitch their products as high-quality, reasonably priced solutions that consider the nation's economic climate. It makes sense to highlight the cost-effectiveness of portable ultrasound equipment in a market where maximizing healthcare budgets is a top concern.

Smart Hospital and Healthcare Technology Adoption Fuel Demand in Malaysia

The demand for handheld ultrasound scanners in Malaysia is anticipated to rise at a 4.7% CAGR through 2034.

• Healthcare technology is being widely used in Malaysia, with a trend towards smart hospitals. The mobility and connectivity of handheld ultrasound equipment make them compatible with the smart healthcare movement. As technology advances, manufacturers respond to this change by highlighting how their products work with smart hospital ecosystems, pushing the market forward.
• The demand for portable diagnostic equipment is driven by Malaysia's growing focus on non-invasive and patient-centric healthcare solutions. Manufacturers of handheld ultrasound equipment that emphasize how non-invasive their products are and how they improve patient comfort and safety are appealing to consumers who desire minimally invasive medical technology.

Government Initiatives and National Health Schemes Drive Sales in India

Handheld ultrasound scanner sales in India are predicted to surge at a 5.70% CAGR through 2034.

• Indian government efforts, such as Ayushman Bharat and other national health policies, are driving the portable ultrasound industry forward. Manufacturers who match their goods with the goals of these programs stand to gain from higher adoption as the devices become integrated into the government's attempts to improve healthcare accessibility and affordability.
• The growing use of point-of-care diagnostics in urban and rural clinics is an important market driver. Handheld ultrasound equipment provides rapid and effective diagnoses at the point of treatment, reducing patients' need to go to bigger healthcare facilities. Manufacturers who emphasize the applicability of their products for point-of-care applications benefit from this trend, which contributes to market growth.

Competitive Landscape

The handheld ultrasound scanner market is highly competitive, with prominent companies contending for dominance and strategic positioning. Prominent global companies, including GE Healthcare, Siemens Healthineers, and Philips Healthcare, influence the market owing to their vast product portfolios, technological expertise and established brand recognition. These industrial behemoths invest heavily in R&D to bring novel features, improve product performance, and preserve a competitive advantage.

Recent Developments

• In August 2023, GE Healthcare launched Vscan Air SL, a dual-headed, handheld, wireless ultrasound imaging system designed for rapid cardiac and vascular assessments at the point of care, and CardioVisio, a digital tool to help clinicians make treatment decisions for patients with atrial fibrillation (AF).
• In July 2023, Konica Minolta Healthcare Americas, Inc. unveiled the PocketPro H2, a new wireless portable ultrasound device designed for general imaging at point-of-care settings. Konica Minolta Healthcare, a recognized provider of primary imaging solutions, has teamed with Healcerion to commercialize the PocketPro H2 in the United States for human and veterinary applications, bringing new levels of flexibility and affordability to ultrasound.

Key Players in the Handheld Ultrasound Scanner Market

• GE Healthcare
• Siemens Healthineers
• Philips Healthcare
• Fujifilm Holdings Corporation
• Canon Medical Systems Corporation
• Hitachi, Ltd.
• Samsung Medison
• Mindray Medical International Limited
• Esaote S.p.A.
• Clarius Mobile Health

Key Coverage in the Handheld Ultrasound Scanner Market Report

• Adjacent Study on Portable Ultrasound Device Market, Wireless Handheld Ultrasound Devices Market, and Veterinary Ultrasound Scanners Market
• Key Market Trends in Handheld Ultrasound
• Top Trends Impacting the Ultrasound Market
• List of Affordable Portable & Handheld Ultrasound Machines

Handheld Ultrasound Scanner Market Segmentation

By Modality:

• Wired
• Wireless

By Display:

• Black & White Display
• Color Display

By End User:

• Hospitals
• Diagnostic Centers
• Ambulatory Surgical Centers
• Others

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• Japan

Frequently Asked Questions

How Big is the Handheld Ultrasound Scanner Market?

The handheld ultrasound scanner market is valued at US$ 511.8 million in 2024.

What is the Projected CAGR of the Handheld Ultrasound Scanner Market?

The handheld ultrasound scanner market size is estimated to increase at a 3.90% CAGR through 2034.

What is the Future Outlook for the Handheld Ultrasound Scanner Market?

The handheld ultrasound scanner market is anticipated to be worth US$ 750.3 million by 2034.

Which is the Leading Product in the Handheld Ultrasound Scanner Market?

Color scanners witness a high demand in the industry.

Which Country is Rising at a Higher CAGR in the Handheld Ultrasound Scanner Market?

The handheld ultrasound scanner market in India is predicted to rise at a 5.70% CAGR through 2034.