Overview


According to FutureWise analysis the market for Handheld Ultrasound Scanners in 2023 is US$ 0.59 billion, and is expected to reach US$ 1.05 billion by 2031 at a CAGR of 7.50%.

Handheld ultrasound machines are smaller and lighter than console-style ultrasound machines. They are medical imaging devices that use ultrasound for diagnostic purposes. For the most part, these portable ultrasound units can be powered solely by batteries for a short period of time. A handheld transducer is applied to the skin; the transducer sends out ultrasound waves and receives echoes back. The ultrasound machine uses the speed of sound and the time it takes for each echo to return to the transducer to generate an image of the area being examined. Handheld ultrasounds are painless, non-invasive, and don’t involve ionizing radiation.

During difficult medical operations like abdominal and cardiac surgeries, handheld ultrasound devices can be easily moved from one location to another because they are smaller than cart-based ultrasound systems. When employed in Point-of-Care (PoC) settings, these devices make imaging possible for patients experiencing severe injury or stomach pain due to gallbladder obstruction or gallstones. Due to the quick adoption of handheld ultrasonography, diagnostic imaging tests are seeing great demand as a way to examine data right away without sacrificing accuracy. Moreover, diagnostic imaging uses radiography, ultrasonography, and fluoroscopy to produce immediate visual depictions of a body's interior. By providing precise diagnostic imaging results, these visual representations assist in support of numerous chronic conditions.

Doctors can make images of a patient's internal organs using ultrasound equipment to diagnose a condition. Throughout an operation, these tools let surgeons control the movement of surgical instruments. The imaging of a patient's abdominal pain brought on by gallstones or a blocked gallbladder is made possible in point-of-care settings by handheld scanners. These tools also help patients with severe damage and direct a needle for a biopsy or tumour procedure to look at a breast lump. Hence, widespread adoption of these tools will boost global sales of handheld ultrasound scanners. Also, due to the healthcare sector's rapid modernisation and large investments in research and development (R&D) operations, non-radiologists are increasingly employing handheld ultrasound scanners frequently. The global handheld device market is anticipated to rise as a result of a wide range of factors, including the rising prevalence of chronic and infectious diseases, the increased usage of ultrasound portable devices, and technical advancements. A portable ultrasound bladder scanner's limited accuracy makes it difficult to monitor larger bladder volumes, which is expected to limit market growth. Needle insertion into interior body parts is assisted by ultrasound scanners. The possibility of placing a needle in the incorrect location because of false detection raises the possibility of fatalities. Together, these restrictions may have an impact on the industry globally and will hinder growth throughout the forecast period. Also, the market for handheld ultrasound devices is expanding as more ailments include cancer, endocrine neurological disorders is increasing.

FutureWise Market Research has published a report that provides an insightful analysis of handheld ultrasound scanners market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. According to the analysis conducted by FutureWise research analysts, the handheld ultrasound scanners market is estimated to register a considerable growth rate over the forecast period. This report lists the market segments and potential prospects available across this industry, in addition providing crucial information on the total valuation currently held by the industry. Moreover, this report will assist key management individuals in an organisation to enhance their decisions pertaining to business expansion as well as strategic changes for increasing customer base.

  • General Electric Company
  • Samsung Group
  • Siemens Healthcare
  • Signostics Inc.
  • SonoSite, Inc.
  • Mindray Medical International Limited
  • Shenzhen Well.D Medical Electronics Co., Ltd.
  • Fukuda Denshi Co., Ltd.
  • Toshiba Corporation
  • Koninklijke Philips N.V.
  • Fujifilm Sonosite, Inc.
  • DRE Medical
  • Advanced Instrumentations
  • EDAN Instruments
  • Terason Corporation

By Technology

  • 2D Ultrasound
  • 3D and 4D Ultrasound
  • Doppler Ultrasound
  • High-Intensity Focused Ultrasound

By Application

  • Radiology/General Imaging
  • Obstetrics/Gynecology
  • Cardiology
  • Urology
  • Vascular 
  • Other Applications

By End User

  • Hospitals and Diagnostic & Surgical Centers
  • Maternity Centers
  • Ambulatory Care Centers
  • Research & Academic Institutes
  • Other End-Users

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

This market research report also emphasis on factors affecting the growth rate in various regions listed above. A deep-down analysis of region will also be provided in the final version of this market which is based on conclusion of primary interviews and secondary data point gathered during the process.

By region, the market is segmented into North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. North America registered highest share in the market in 2022. The market for portable ultrasound scanners is primarily driven by the rising prevalence of specific diseases, an increase in healthcare spending in this region, the presence of major companies in the nation, and the tactics these companies have implemented for the development of their products. Also, the market is growing because of an increase in trauma and accident cases and a preference for minimally invasive procedures. With strong grant financial support, the United States is one of the top locations for research and development (R&D) in chronic diseases. An increase in research and development initiatives to discover therapeutic options for chronic diseases, quick approval for clinical trials, and the availability of advanced research infrastructure are further factors predicted to boost market expansion in the region.


  • Tier 1 players- established companies in the market with a major market share
  • Tier 2 players
  • Emerging players which are growing rapidly
  • New Entrants

  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data-points affecting market growth

  • To provide with an exhaustive analysis on the Handheld Ultrasound Scanners Market by technology, by application, by end-user, by region.
  • To cater comprehensive insights on factors such as drivers, restraints, trends, opportunity, and additionally segmental and regional factors impacting market growth.
  • To evaluate current market trends and forecast micro-markets and the overall market projections which are represented in the format of data-sets and ppt.
  • To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • To provide information on competitors which includes landscape mapping, technological advancements, R&D spending, news concerning strategic alliances, and new product launches.

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Table of Contents


  • 1.   Market Introduction
    •   1. Objectives of the Study
        2. Market Definition
        3. Market Scope
         3.1. Years Considered for the Study
         3.2. Market Covered
        4. Currency
        5. Limitations
        6. Stakeholders
  • 2.   Research Methodology
    •   1. Research Data
         1.1. Secondary Data
          1.1.1. Key Data from Secondary Sources
         1.2. Primary Data
          1.2.1. Key Data from Primary Sources
        2. Market Size Estimation
        3. Market Breakdown and Data Triangulation
        4. Assumptions for the Study
  • 3.   Executive Summary
    •   1. Market Outlook
        2. Segment Outlook
        3. Competitive Insights
  • 4.   Handheld Ultrasound Scanners Market Variables, Trends and Scope
    •   1. Market Lineage Outlook
        2. Penetration and Growth Prospect Mapping
        3. Industry Value Chain Analysis
        4. Cost Analysis Breakdown
        5. Technology Overview
        6. Regulatory Framework
         6.1. Reimbursement Framework
         6.2. Standards and Compliances

  • 5.   Market Overview
    •   1. Market Dynamics
         1.1. Market Driver Analysis
          1.1.1. Increasing focus of Handheld Ultrasound Scanners Market Companies on Brand Protection
          1.1.2. Untapped Opportunities in Emerging Regions
         1.2. Market Restraint Analysis
          1.2.1. High Cost Associated with Implementation of Predictive Analysis
         1.3. Industry Challenges
          1.3.1. Presence of Ambiguous Regulatory Framework
  • 6.   Handheld Ultrasound Scanners Market Analysis Tools
    •   1. Industry Analysis - Porter’s
         1.1. Supplier Power
         1.2. Buyer Power
         1.3. Substitution Threat
         1.4. Threat from New Entrants
         1.5. Competitive Rivalry
        2. Pestel Analysis
         2.1. Political Landscape
         2.2. Environmental Landscape
         2.3. Social Landscape
         2.4. Technology Landscape
         2.5. Legal Landscape
        3. Major Deals And Strategic Alliances Analysis
         3.1. Joint Ventures
         3.2. Mergers and Acquisitions
         3.3. Licensing and Partnership
         3.4. Technology Collaborations
         3.5. Strategic Divestments
        4. Market Entry Strategies
        5. Case Studies
  • 7.   Handheld Ultrasound Scanners Market, By Technology Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. 2D Ultrasound
        2. 3D and 4D Ultrasound
        3. Doppler Ultrasound
        4. High-Intensity Focused Ultrasound

  • 8.   Handheld Ultrasound Scanners Market, By Application Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Radiology/General Imaging
        2. Obstetrics/Gynecology
        3. Cardiology
        4. Urology
        5. Vascular
        6. Other Applications

  • 9.   Handheld Ultrasound Scanners Market, By End User Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Hospitals and Diagnostic & Surgical Centers
        2. Maternity Centers
        3. Ambulatory Care Centers
        4. Research & Academic Institutes
        5. Other End-Users

  • 10.   North America Handheld Ultrasound Scanners Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. U.S.A
         2.2. Canada
         2.3. Mexico
        3. Market Size (USD Million) Forecast for North America 2023-2031

  • 11.   Latin America Handheld Ultrasound Scanners Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Brazil
         2.2. Venezuela
         2.3. Argentina
         2.4. Rest of Latin America
        3. Market Size (USD Million) Forecast for Latin America 2023-2031

  • 12.   Europe Handheld Ultrasound Scanners Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Germany
         2.2. U.K
         2.3. France
         2.4. Italy
         2.5. Spain
         2.6. Russia
         2.7. Poland
         2.8. Rest of Europe
        3. Market Size (USD Million) Forecast for Europe 2023-2031

  • 13.   Asia Pacific Handheld Ultrasound Scanners Market Analysis 2023-2031 and Forecast 2017-2022 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Japan
         2.2. China
         2.3. India
         2.4. Australia and New Zealand
         2.5. ASEAN
         2.6. Rest of Asia Pacific
        3. Market Size (USD Million) Forecast for Asia Pacific 2023-2031

  • 14.   Middle East and Africa Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. GCC
         2.2. Israel
         2.3. South Africa
         2.4. Rest of MEA
        3. Market Size (USD Million) Forecast for MEA 2023-2031

  • 15.   Market Share Analysis and Competitive Landscape
    •   1. Global Landscape - Key Players, Revenue and Presence
        2. Global Share Analysis - Key Players (Tier 1, Tier 2, Tier 3)
        3. Global Emerging Companies
        4. North America - Market Share Analysis and Key Regional Players
        5. Europe - Market Share Analysis and Key Regional Players
        6. Asia Pacific - Market Share Analysis and Key Regional Players
        7. Global Key Player - Growth Matrix
  • 16.   Company Profiles (Competition Dashboard, Competitors Deep Dive, Products Offered and Financial Layouts)
    •   1. General Electric Company
         1.1. Company Overview
         1.2. Product Portfolio
         1.3. SWOT Analysis
         1.4. Financial Overview
         1.5. Strategic Overview
        2. Samsung Group
         2.1. Company Overview
         2.2. Product Portfolio
         2.3. SWOT Analysis
         2.4. Financial Overview
         2.5. Strategic Overview
        3. Siemens Healthcare
         3.1. Company Overview
         3.2. Product Portfolio
         3.3. SWOT Analysis
         3.4. Financial Overview
         3.5. Strategic Overview
        4. Signostics Inc.
         4.1. Company Overview
         4.2. Product Portfolio
         4.3. SWOT Analysis
         4.4. Financial Overview
         4.5. Strategic Overview
        5. SonoSite, Inc.
         5.1. Company Overview
         5.2. Product Portfolio
         5.3. SWOT Analysis
         5.4. Financial Overview
         5.5. Strategic Overview
        6. Mindray Medical International Limited
         6.1. Company Overview
         6.2. Product Portfolio
         6.3. SWOT Analysis
         6.4. Financial Overview
         6.5. Strategic Overview
        7. Shenzhen Well.D Medical Electronics Co., Ltd.
         7.1. Company Overview
         7.2. Product Portfolio
         7.3. SWOT Analysis
         7.4. Financial Overview
         7.5. Strategic Overview
        8. Fukuda Denshi Co., Ltd.
         8.1. Company Overview
         8.2. Product Portfolio
         8.3. SWOT Analysis
         8.4. Financial Overview
         8.5. Strategic Overview
        9. Toshiba Corporation
         9.1. Company Overview
         9.2. Product Portfolio
         9.3. SWOT Analysis
         9.4. Financial Overview
         9.5. Strategic Overview
        10.Koninklijke Philips N.V.
         10.1. Company Overview
         10.2. Product Portfolio
         10.3. SWOT Analysis
         10.4. Financial Overview
         10.5. Strategic Overview
        11.Fujifilm Sonosite, Inc.
         11.1. Company Overview
         11.2. Product Portfolio
         11.3. SWOT Analysis
         11.4. Financial Overview
         11.5. Strategic Overview
        12.DRE Medical
         12.1. Company Overview
         12.2. Product Portfolio
         12.3. SWOT Analysis
         12.4. Financial Overview
         12.5. Strategic Overview
        13.Advanced Instrumentations
         13.1. Company Overview
         13.2. Product Portfolio
         13.3. SWOT Analysis
         13.4. Financial Overview
         13.5. Strategic Overview
        14.EDAN Instruments
         14.1. Company Overview
         14.2. Product Portfolio
         14.3. SWOT Analysis
         14.4. Financial Overview
         14.5. Strategic Overview
        15.Terason Corporation
         15.1. Company Overview
         15.2. Product Portfolio
         15.3. SWOT Analysis
         15.4. Financial Overview
         15.5. Strategic Overview

  • 17.   Pre and Post COVID-19 Impact
    •   1. Positive influence on the healthcare industry
        2. The financial disruption of the manufacturing sector
        3. Impact of COVID-19 on emerging companies
        4. Significant mandates in the regulations initiated by healthcare administrations
        5. The overall economic slowdown of the developing and developed nations
  • 18.   FutureWise SME Key Takeaway Points for Client
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