Key Market Trends in Handheld Ultrasound

Mustafa Hassan Ph.D headshot
Mustafa Hassan Ph.D
Published: September 22, 2023 In The News

20th September 2023 – Written by Mustafa Hassan – Featured on itnonline.com

Education is the catalyst to increased adoption of handheld ultrasound

Handheld ultrasound has not yet reached mainstream adoption, but the market is still forecast to reach over $500 million by 2026. Signify Research’s newly-published Handheld Ultrasound Deep Dive Report 2022 shows the market revenues are estimated to have grown by approximately 30% in 2021, driven by strong growth in the U.S., the biggest market for handheld ultrasound. Despite the global challenges for handheld ultrasound vendors in 2022, such as rising inflation and supply chain disruptions, the handheld ultrasound market is expected to experience double-digit growth, and this is forecast to continue through to 2026. Most of the market growth will be fueled by increased adoption of handheld devices by new users of ultrasound, such as primary care physicians, nurses, emergency medical technicians (EMTs) and midwives. The key market trends are discussed below.