(Health-NewsWire.Net, August 30, 2017 ) The Latin America Portable Ultrasound Market was worth $0.31 billion in 2016 and estimated to be growing at a CAGR of 7.73%, to reach $0.44 billion by 2021.
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Portable ultrasound devices are medical imaging devices that operate echo-enhanced ultrasound waves for diagnostic resolutions. Portable ultrasound devices can be used at Point of care and can be functioned on battery power. They are lighter and smaller than conventional ultrasound machines. Due to the introduction of portable ultrasound imaging devices, the range of applications has prolonged to many areas like emergency medicine, critical care medicine and musculoskeletal.
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The size of portable ultrasound devices market is increasing due to the rising spectrum of applications along with growing confidence in the technology joined with the rapid imaging ability of these devices. While the high cost of portable ultrasound Systems along with lack of dedicated trained professionals are hindering the growth of this market.
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Latin America Portable Ultrasound Market: Segmentation
1)By Device Type
Mobile Ultrasound Device
Hand-Held Ultrasound Device
2 By Application
Cardiovascular Portable Ultrasound Device
Obstetrics and Gynaecology Portable Ultrasound Device
Gastric Portable Ultrasound Device
Musculoskeletal Portable Ultrasound Device
3 By End-Users
Hospitals
Diagnostics Center
4) Geographical Analysis
China India Japan South Korea Australia
Based on geography the market is analyzed under various regions namely, Mexico, Argentina, and Brazil. Currently, the Latin American market is dominated by Brazil followed by Mexico.
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FUJIFILM Holdings Corporation (Japan), Analogic Corporation (U.S.), Esaote S.p.A. (Italy), Koninklijke Philips N.V. (Netherlands), Toshiba Corporation (Japan), Siemens AG (Germany), General Electric Company (U.S.), Samsung Electronics Co., Ltd. (South Korea), Hitachi Ltd. (Japan) and Mindray Medical International Ltd. (China) are some of the key players in the global ultrasound market.
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