Global Portable Imaging Solutions Market Size By Product (X-ray, CT scan, Ultrasound Systems), By End-User (Hospitals and Ambulatory Surgery Centers, Specialty Clinics, Diagnostic centers), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Portable Imaging Solutions Market Size And Forecast
Portable Imaging Solutions Market size was valued at USD 2.76 Billion in 2020 and is projected to reach USD 4.68 Billion by 2028, growing at a CAGR of 6.85% from 2021 to 2028.
It's no surprise that as chronic diseases become more common, we're seeing a bigger push for catching them early. Plus, with more elderly folks around – and that's happening everywhere, from wealthy countries to those still developing – we can expect the Portable Imaging Solutions Market to really take off. After all, as we age, the risk of things like cardiovascular disease goes up, which means we need these portable imaging tools. If you're looking for the inside scoop, the Global Portable Imaging Solutions Market report gives you the full picture. It breaks down all the important parts – key segments, what's trending, what's driving growth, what's holding things back, who the big players are, and basically everything that's making a difference in the market.
Global Portable Imaging Solutions Market Definition
Medical imaging is a vital tool in modern medicine for effective disease diagnosis. Medical imaging provides a more in-depth look at the health of tissue and organs. As a result, several clinical imaging centers with modern and cutting-edge equipment have been established, offering a wide range of imaging services. Since portable imaging devices are more convenient to use, many imaging facilities are now preferring them.
A portable X-ray machine is essentially a smaller, mobile version of a fixed X-ray machine. It enables radiographers, veterinarians, and dental specialists to capture X-ray images of patients without requiring them to enter a lead-lined room. The principle is the sameX-rays are emitted from the human or animal body, reflected, and displayed white on the image. Portable X-ray equipment is often used by professionals who have mobile offices or in busy medical facilities where space is an issue or where there’s a distinct lack of access to equipment.
Need an ultrasound where space is tight, you're constantly moving, or you just need to scan on the spot? That's where portable ultrasound devices shine! OB/GYN doctors were early adopters, loving how they could bring the scanner right to the patient or afford one for their own practice. Now, these machines are everywhere – from cardiology and vascular surgery to radiology, endocrinology, pediatrics, gastroenterology, and, of course, obstetrics and gynecology. Think about itmore mobility, faster results, safer use, lower costs, and better care for patients – all thanks to these portable medical X-ray machines.
Global Portable Imaging Solutions Market Overview
It's no secret that chronic diseases are becoming more common, thanks to our more sedentary lives and the fact that we're all living longer. That's why in places like the US, you're seeing more and more Portable X-ray machines being used. They're just so much easier for older folks or those who are really sick. Think about ita Portable X-ray can take as little as 20 minutes, and some can even digitally send the images straight to a radiologist! A recent Reuters article highlighted how tough it can be for some patients to get to the hospital, so these portable services are a real lifesaver. Especially for our older loved ones, since a trip to the hospital can be risky, especially these days.
Portable X-rays are also for disaster areas and home care. In the United States, each day, around 10,000 seniors turn 65 and the majority of them are hoping to age in their own homes. In this age group, the most common medical conditions requiring home care are heart disease, diabetes, and cerebral vascular diseases. In response to the need for critical care during the COVID-19 crisis, Carestream Health had increased the production of its portable diagnostic imaging systems. Thus, demand for Portable X-rays and other portable solutions is expected to increase in the country.
Healthcare facilities are really starting to love mobile imaging, and it's mostly because it's better for patients. Think about itmoving really sick patients to the radiology department can actually cause problems. The International Journal of Critical Illness & Injury Science says that transport complications can be pretty serious, potentially harming the respiratory system, messing with hemodynamics (even causing loss of IVs!), leading to injuries, throwing off acid-base balance, messing with glucose levels, increasing infection risk, and, sadly, even causing death. By bringing the imaging tech directly to the patient's bedside, we skip all those risks. Plus, we don't need transport staff, which means they can help other patients. So, yeah, it's easy to see why the demand for portable imaging devices is only going to go up!
Global Portable Imaging Solutions Market Segmentation Analysis
The Global Portable Imaging Solutions Market Is Segmented On The Basis of Product, End-User, And Geography.
Portable Imaging Solutions Market, By Product
• X-ray• CT Scan• Ultrasound Systems
Based on Product, the market is bifurcated into X-ray, CT scan, and Ultrasound Systems. The Ultrasound Systems segment is expected to account for the highest share during the forecast period. Innovations in portable Ultrasound Systems are further expected to support its growth. For instance, to enhance the functionality of its portable Vscan Extend handheld, pocket-sized ultrasound, GE Healthcare added the DiA Imaging Analysis AI-powered LVivo EF for automated ejection fraction (EF) measurements.
Portable Imaging Solutions Market, By End-User
• Hospitals and Ambulatory Surgery Centers• Specialty clinics• Diagnostic centers
Based on End-User, the market is bifurcated into Hospitals and Ambulatory Surgery Centers, Specialty Clinics, and Diagnostic centers. Diagnostic Centers hold the largest share. A number of diagnostic centers are on a rise, especially in developing countries, increasing the need for portable devices such as portable X-ray machines.
Portable Imaging Solutions Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
On the basis of Geography, the Global Portable Imaging Solutions Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America is expected to account for a larger share during the forecasted period. Quick adoption of new diagnostic equipment, a rise in the number old age people opting for old-age homes, and several new innovative portable units coming in the market are some of the factors expected to contribute to the region’s growth.
Key Players
The “Global Portable Imaging Solutions Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Siemens, Shimadzu Corporation, GE Healthcare, Carestream Health, MinXray Inc, Hitachi NeuroLogica Corp, and Industrial Company among other domestic and global players.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
• In March 2021, GE Healthcare launched a new wireless hand-held ultrasound device, the Vscan Air, for sale in the US and Europe markets.
• In January 2020, Siemens Healthineers India launched ACUSON Redwood Ultrasound System, a new ultrasound system, that is lightweight, has portable design that allows easy transport and uses across clinical departments.
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We dig into the market using both qualitative and quantitative analysis, looking at everything from the economy to other important stuff, and we break it all down into segments. You'll get the market value (in USD Billion) for each of these segments and sub-segments too! We'll point out which region and segment is likely to grow the fastest and be the biggest. Plus, we'll analyze each geographic area, showing you how much of the product/service is being used and what's impacting the market there. See where everyone stands with our competitive landscape view, including market rankings of the big players, their new products, partnerships, expansions, and acquisitions over the last five years. We offer detailed company profiles, including overviews, insights, product benchmarking, and even SWOT analysis for those key players. Get the current and future market outlook, focusing on recent happenings, growth opportunities, what's driving the market, and the challenges and restraints in both new and established regions. We'll also give you a thorough understanding of the market from different angles with Porter's five forces analysis, insights into the value chain, and a look at market dynamics and upcoming growth possibilities. And to top it off, you'll get 6 months of analyst support after your purchase.
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