The global portable ultrasound market is set to gain impetus from the surging adoption of advanced technologies, such as artificial intelligence (AI) in imaging systems. Some of the others are striving to introduce new products to meet the demand from COVID-19-positive patients. In April 2020, Mindray Medical, for instance, introduced ME series to accelerate clinical confidence amid emergency and critical COVID-19 cases. This information is given by Fortune Business Insights™ in a new report, titled, “Portable Ultrasound Market, 2020-2026.” The report further states that the market size was USD 1,801.5 million in 2019. It is projected to grow from USD 1,810.9 million in 2020 to USD 3,897.0 million in 2026 at a CAGR of 13.6% in the forecast period.
COVID-19 Pandemic: Halt of Inessential Healthcare Procedures to Obstruct Growth
The COVID-19 pandemic has resulted in the cancellation of several diagnostic procedures including ultrasound scans. At the same time, it has reduced the rate of hospital visits worldwide due to lockdown measures. Thus, the limitation of normal healthcare procedures may hinder the demand for portable ultrasounds in the upcoming years. Our research reports will help you get a complete picture of the current scenario of this industry.
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Key Players Focus on R&D Activities to Launch Innovative Products in Market
The global market contains a large number of portable ultrasound manufacturers that are currently investing huge sums in research & development activities to launch technologically advanced products. Below is one of the latest industry developments:
July 2020: FUJIFILM Sonosite, Inc. introduced its latest Sonosite PX ultrasound system. It provides superior image quality and efficient workflow. It would aid clinicians to treat patients effectively.
To get to know more about the short-term and long-term impact of COVID-19 on this market, please visit: https://www.fortunebusinessinsights.com/portable-ultrasound-market-104861
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