North America point of care ultrasound market is anticipated to gain momentum, recording a 4% CAGR over the next few years with robust consumer awareness for early disease diagnosis and the prevalence of chronic conditions. Technological progressions in sonography techniques and devices will boost regional demand.
The influx of the latest technologies and the spike in the number of birth rates worldwide will influence point of care ultrasound market trends over the coming years. Point-of-care ultrasound machines are used for the diagnosis of trauma injuries in emergency departments. They also witness higher demand in pregnancy cases to detect anomalies as well as to monitor the fetal heart rate and free fluids as they offer ease of access to different baby positions inside the womb.
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With POCUS becoming a rather common diagnostic tool for cardiac resuscitation and helping in identifying anatomic causes for cardiac issues, point of care ultrasound industry will have much to gain from cardiology applications. Indeed, POC industry size from cardiology applications is slated to show a CAGR of 5.3% over 2019-2025.
Additionally, the sheer rise in cases of cardiac arrest across the globe is anticipated to amplify point of care ultrasound market size over the coming years. For instance, according to American Health Association’s Heart Disease and Stroke Statistics 2018, cardiovascular disease is said to be the main cause of death globally, accounting for over 17.9 million deaths in 2015 and is projected to grow to over 23.6 million by 2030.
Additionally POCUS helps to protect children from the risk of ionizing radiation unlike other imaging methods such as computed tomography (CT). According to the U.S. National Center for Biotechnology Information, it is estimated that from about 4 million pediatric CT scans performed in the U.S. annually, 4,870 patients are likely to be under risk of developing cancer in future. Lifesaving aids are expected to foster the point of care ultrasound market size over the coming years.
It is anticipated that as hospitals and care providers are increasingly integrating point of care ultrasound into practice, diversification of applications and implementation will be exponential. With ultrasounds, physicians are ideally equipped to diagnose and manage patients more accurately and efficiently. Growing investments in the healthcare sector and rising R&D activities will thus help increase point of care ultrasound industry size, slated to cross USD 3 billion by 2025.
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Partial Chapter of the Table of Content
Chapter 4. Point of Care Ultrasound Market, By Type
4.1. Key segment trends
4.2. Diagnostic devices
4.2.1. Market size, by region, 2014-2025
4.3. Therapeutic devices
4.3.1. Market size, by region, 2014-2025
Chapter 5. Point of Care Ultrasound Market, By Portability
5.1. Key segment trends
5.2. Trolley based devices
5.2.1. Market size, by region, 2014-2025
5.3. Handheld devices
5.3.1. Market size, by region, 2014-2025
Chapter 6. Point of Care Ultrasound Market, By Application
6.1. Key segment trends
6.2. Emergency medicine
6.2.1. Market size, by region, 2014-2025
6.3.1. Market size, by region, 2014-2025
6.4. Obstetrics/gynecology (OB/GYN)
6.4.1. Market size, by region, 2014-2025
6.5.1. Market size, by region, 2014-2025
6.6. Vascular surgery
6.6.1. Market size, by region, 2014-2025
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