Signify Premium Insight: Clarius Claims Specialists in Tilt at Crowded Market

The handheld ultrasound market is becoming and will for the foreseeable future continue to become more crowded. After a long period, in which the young market was dominated by just a handful of players, there has been a veritable explosion of vendors utilising new ultrasound technology to develop their own products. The results of this explosion are evident, with a whole host of vendors having released or planning to release their own handheld ultrasound systems. This list includes: GE, Philips, Fujifilm, Butterfly Network, Exo, Vave, EchoNous, Pulsenmore, Healcerion, eScopics, Biim, Somax Systems, Sigmax and many others. According to Signify Research’s Ultrasound Equipment – World Market 2021 report, all these vendors will be chasing a market forecast to be worth less than $270m in 2022. With that being the case, it will become increasingly difficult for vendors, and their products to stand proud of the milieu in order to secure sales.