Home Ultrasound System Market

Home Ultrasound System Market valued at approximately USD 366 million in 2022 and is anticipated to expand significantly, reaching over USD 710 million by 2030.

Pages: 248

Format: PDF

Date: 11-2024

Home Ultrasound System Market

The Home Ultrasound System Market is a rapidly evolving segment of the broader medical devices industry, catering to the growing demand for portable, user-friendly diagnostic and therapeutic tools for use at home. These devices, which leverage ultrasound technology for various medical applications, offer non-invasive and real-time imaging and therapy, providing patients with convenient and affordable healthcare solutions outside traditional clinical settings.

The Home Ultrasound System Market has shown steady growth, supported by increasing demand for at-home health monitoring solutions, especially for therapeutic applications. The market was valued at approximately USD 366 million in 2022 and is anticipated to expand significantly, reaching over USD 710 million by 2030. This growth is driven by advancements in portable and user-friendly ultrasound technology.

Report Attributes Details
Study Period 2023 to 2033
Base Year 2023
FORECAST PERIOD 2024-2030
HISTORICAL PERIOD 2020-2023
UNIT Value (USD Billion)
KEY COMPANIES PROFILED GE Healthcare
Philips Healthcare
Siemens Healthineers
Canon Medical Systems Corporation
Samsung Medison
Hitachi Medical Systems
Fujifilm Holdings Corporation
Mindray Medical International Limited
Esaote SpA
Analogic Corporation
Chison Medical Imaging Co., Ltd.
Terason
Shenzhen Bestman Instrument Co., Ltd.
Healcerion
Clarius Mobile Health
Mobisante Inc.
EchoNous Inc.
Butterfly Network, Inc.
Sonoscanner
Biosound Esaote, Inc.


SEGMENTS COVERED By Type, By Application, and By Geography
CUSTOMIZATION SCOPE Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.

Market Drivers

Increasing Prevalence of Chronic Diseases: Conditions such as arthritis, musculoskeletal issues, and chronic pain are on the rise, driving demand for home-based therapeutic ultrasound devices.

Aging Population: With an aging population, particularly in North America and Europe, there is a higher need for in-home healthcare options that can support mobility, pain management, and rehabilitation.

Technological Advancements: Modern home ultrasound systems offer high-quality imaging, portability, and ease of use, making them accessible for non-professionals.

Growing Healthcare Costs: Home healthcare can reduce expenses by minimizing the frequency of clinic visits, making home ultrasound systems a cost-effective solution for many families.

Rise in Demand for Remote Monitoring: The COVID-19 pandemic has accelerated the adoption of remote healthcare, including home diagnostic tools, to manage health without frequent clinic visits.

Market Segmentation

By Application:

Pain Relief: Therapeutic ultrasound systems are widely used for pain management and reducing inflammation.

Physical Therapy and Rehabilitation: Used to treat muscle spasms, joint contractures, and ligament healing.

Diagnostic Imaging: Used for basic imaging, though limited compared to clinical-grade devices.

By Product Type:

Portable Ultrasound Devices: Compact and easy to carry, these devices are popular for their convenience.

Handheld Ultrasound Systems: Increasingly favored for their user-friendly interface and high-resolution imaging.

By Technology:

Continuous Ultrasound: For therapeutic applications like pain management.

Pulsed Ultrasound: Often used for diagnostic imaging due to its high-frequency bursts.

By Distribution Channel:

Retail Pharmacies: Typically for therapeutic models aimed at pain relief.

Online Retailers: Significant growth due to accessibility and ease of purchase.

Hospital Pharmacies: For more specialized models with clinical applications.

Key Players

Prominent companies in this market include:

GE Healthcare

Philips Healthcare

Siemens Healthineers

Fujifilm Sonosite

Clarius Mobile Health

DJO Global

These players are focusing on R&D to improve the functionality, image quality, and usability of home ultrasound systems.

Regional Insights

North America: A mature market with strong demand driven by an aging population, high healthcare costs, and well-established home healthcare infrastructure.

Europe: Similar to North America, Europe has a high adoption rate of home healthcare solutions.

Asia-Pacific: Rapidly growing market due to increasing awareness of home healthcare, rising disposable incomes, and expanding access to healthcare devices in emerging economies.

Market Challenges

Regulatory Hurdles: Strict regulations around diagnostic and therapeutic devices could slow the market's growth.

Limited Diagnostic Capability: While therapeutic models are effective, diagnostic home ultrasound systems may not match the capabilities of clinical devices, limiting their scope of application.

Training and User-Friendliness: Home ultrasound systems must be intuitive enough for non-medical users, posing design challenges for manufacturers.

Future Outlook

The Home Ultrasound System Market is expected to see robust growth driven by technological innovations, increasing chronic disease management at home, and rising healthcare costs. The expansion of telemedicine and digital healthcare platforms is also expected to support growth by integrating home ultrasound systems with remote monitoring solutions.

Home Ultrasound System Market Segments

By Product Type

Portable Ultrasound Systems

Handheld Ultrasound Systems

Stationary Ultrasound Systems

By Application

Musculoskeletal

Cardiovascular

Obstetrics and Gynecology

Abdominal

Others

By End-User

Home Care Settings

Ambulatory Surgical Centers

Clinics

Others

By Distribution Channel

Online Stores

Pharmacies

Specialty Stores

Others

Home Ultrasound System Market Players

GE Healthcare

Philips Healthcare

Siemens Healthineers

Canon Medical Systems Corporation

Samsung Medison

Hitachi Medical Systems

Fujifilm Holdings Corporation

Mindray Medical International Limited

Esaote SpA

Analogic Corporation

Chison Medical Imaging Co., Ltd.

Terason

Shenzhen Bestman Instrument Co., Ltd.

Healcerion

Clarius Mobile Health

Mobisante Inc.

EchoNous Inc.

Butterfly Network, Inc.

Sonoscanner

Biosound Esaote, Inc.

Table Of Content

Biosound Esaote, Inc. Chapter 1 Executive Summary

Chapter 2 Assumptions and Acronyms Used

Chapter 3 Research Methodology

Chapter 4 Home Ultrasound System Market Overview

   4.1 Introduction

      4.1.1 Market Taxonomy

      4.1.2 Market Definition

      4.1.3 Macro-Economic Factors Impacting the Market Growth

   4.2 Home Ultrasound System Market Dynamics

      4.2.1 Market Drivers

      4.2.2 Market Restraints

      4.2.3 Market Opportunity

   4.3 Home Ultrasound System Market - Supply Chain Analysis

      4.3.1 List of Key Suppliers

      4.3.2 List of Key Distributors

      4.3.3 List of Key Consumers

   4.4 Key Forces Shaping the Home Ultrasound System Market

      4.4.1 Bargaining Power of Suppliers

      4.4.2 Bargaining Power of Buyers

      4.4.3 Threat of Substitution

      4.4.4 Threat of New Entrants

      4.4.5 Competitive Rivalry

   4.5 Global Home Ultrasound System Market Size & Forecast, 2023-2032

      4.5.1 Home Ultrasound System Market Size and Y-o-Y Growth

      4.5.2 Home Ultrasound System Market Absolute $ Opportunity

Chapter 5 Global Home Ultrasound System Market Analysis and Forecast By Product Type

   5.1 Introduction

      5.1.1 Key Market Trends & Growth Opportunities By Product Type

      5.1.2 Basis Point Share (BPS) Analysis By Product Type

      5.1.3 Absolute $ Opportunity Assessment By Product Type

   5.2 Home Ultrasound System Market Size Forecast By Product Type

      5.2.1 Portable Ultrasound Systems

      5.2.2 Handheld Ultrasound Systems

      5.2.3 Stationary Ultrasound Systems

   5.3 Market Attractiveness Analysis By Product Type

Chapter 6 Global Home Ultrasound System Market Analysis and Forecast By Application

   6.1 Introduction

      6.1.1 Key Market Trends & Growth Opportunities By Application

      6.1.2 Basis Point Share (BPS) Analysis By Application

      6.1.3 Absolute $ Opportunity Assessment By Application

   6.2 Home Ultrasound System Market Size Forecast By Application

      6.2.1 Musculoskeletal

      6.2.2 Cardiovascular

      6.2.3 Obstetrics and Gynecology

      6.2.4 Abdominal

      6.2.5 Others

   6.3 Market Attractiveness Analysis By Application

Chapter 7 Global Home Ultrasound System Market Analysis and Forecast By End-User

   7.1 Introduction

      7.1.1 Key Market Trends & Growth Opportunities By End-User

      7.1.2 Basis Point Share (BPS) Analysis By End-User

      7.1.3 Absolute $ Opportunity Assessment By End-User

   7.2 Home Ultrasound System Market Size Forecast By End-User

      7.2.1 Home Care Settings

      7.2.2 Ambulatory Surgical Centers

      7.2.3 Clinics

      7.2.4 Others

   7.3 Market Attractiveness Analysis By End-User

Chapter 8 Global Home Ultrasound System Market Analysis and Forecast By Distribution Channel

   8.1 Introduction

      8.1.1 Key Market Trends & Growth Opportunities By Distribution Channel

      8.1.2 Basis Point Share (BPS) Analysis By Distribution Channel

      8.1.3 Absolute $ Opportunity Assessment By Distribution Channel

   8.2 Home Ultrasound System Market Size Forecast By Distribution Channel

      8.2.1 Online Stores

      8.2.2 Pharmacies

      8.2.3 Specialty Stores

      8.2.4 Others

   8.3 Market Attractiveness Analysis By Distribution Channel

Chapter 9 Global Home Ultrasound System Market Analysis and Forecast by Region

   9.1 Introduction

      9.1.1 Key Market Trends & Growth Opportunities By Region

      9.1.2 Basis Point Share (BPS) Analysis By Region

      9.1.3 Absolute $ Opportunity Assessment By Region

   9.2 Home Ultrasound System Market Size Forecast By Region

      9.2.1 North America

      9.2.2 Europe

      9.2.3 Asia Pacific

      9.2.4 Latin America

      9.2.5 Middle East & Africa (MEA)

   9.3 Market Attractiveness Analysis By Region

Chapter 10 Coronavirus Disease (COVID-19) Impact

   10.1 Introduction

   10.2 Current & Future Impact Analysis

   10.3 Economic Impact Analysis

   10.4 Government Policies

   10.5 Investment Scenario

Chapter 11 North America Home Ultrasound System Analysis and Forecast

   11.1 Introduction

   11.2 North America Home Ultrasound System Market Size Forecast by Country

      11.2.1 U.S.

      11.2.2 Canada

   11.3 Basis Point Share (BPS) Analysis by Country

   11.4 Absolute $ Opportunity Assessment by Country

   11.5 Market Attractiveness Analysis by Country

   11.6 North America Home Ultrasound System Market Size Forecast By Product Type

      11.6.1 Portable Ultrasound Systems

      11.6.2 Handheld Ultrasound Systems

      11.6.3 Stationary Ultrasound Systems

   11.7 Basis Point Share (BPS) Analysis By Product Type

   11.8 Absolute $ Opportunity Assessment By Product Type

   11.9 Market Attractiveness Analysis By Product Type

   11.10 North America Home Ultrasound System Market Size Forecast By Application

      11.10.1 Musculoskeletal

      11.10.2 Cardiovascular

      11.10.3 Obstetrics and Gynecology

      11.10.4 Abdominal

      11.10.5 Others

   11.11 Basis Point Share (BPS) Analysis By Application

   11.12 Absolute $ Opportunity Assessment By Application

   11.13 Market Attractiveness Analysis By Application

   11.14 North America Home Ultrasound System Market Size Forecast By End-User

      11.14.1 Home Care Settings

      11.14.2 Ambulatory Surgical Centers

      11.14.3 Clinics

      11.14.4 Others

   11.15 Basis Point Share (BPS) Analysis By End-User

   11.16 Absolute $ Opportunity Assessment By End-User

   11.17 Market Attractiveness Analysis By End-User

   11.18 North America Home Ultrasound System Market Size Forecast By Distribution Channel

      11.18.1 Online Stores

      11.18.2 Pharmacies

      11.18.3 Specialty Stores

      11.18.4 Others

   11.19 Basis Point Share (BPS) Analysis By Distribution Channel

   11.20 Absolute $ Opportunity Assessment By Distribution Channel

   11.21 Market Attractiveness Analysis By Distribution Channel

Chapter 12 Europe Home Ultrasound System Analysis and Forecast

   12.1 Introduction

   12.2 Europe Home Ultrasound System Market Size Forecast by Country

      12.2.1 Germany

      12.2.2 France

      12.2.3 Italy

      12.2.4 U.K.

      12.2.5 Spain

      12.2.6 Russia

      12.2.7 Rest of Europe

   12.3 Basis Point Share (BPS) Analysis by Country

   12.4 Absolute $ Opportunity Assessment by Country

   12.5 Market Attractiveness Analysis by Country

   12.6 Europe Home Ultrasound System Market Size Forecast By Product Type

      12.6.1 Portable Ultrasound Systems

      12.6.2 Handheld Ultrasound Systems

      12.6.3 Stationary Ultrasound Systems

   12.7 Basis Point Share (BPS) Analysis By Product Type

   12.8 Absolute $ Opportunity Assessment By Product Type

   12.9 Market Attractiveness Analysis By Product Type

   12.10 Europe Home Ultrasound System Market Size Forecast By Application

      12.10.1 Musculoskeletal

      12.10.2 Cardiovascular

      12.10.3 Obstetrics and Gynecology

      12.10.4 Abdominal

      12.10.5 Others

   12.11 Basis Point Share (BPS) Analysis By Application

   12.12 Absolute $ Opportunity Assessment By Application

   12.13 Market Attractiveness Analysis By Application

   12.14 Europe Home Ultrasound System Market Size Forecast By End-User

      12.14.1 Home Care Settings

      12.14.2 Ambulatory Surgical Centers

      12.14.3 Clinics

      12.14.4 Others

   12.15 Basis Point Share (BPS) Analysis By End-User

   12.16 Absolute $ Opportunity Assessment By End-User

   12.17 Market Attractiveness Analysis By End-User

   12.18 Europe Home Ultrasound System Market Size Forecast By Distribution Channel

      12.18.1 Online Stores

      12.18.2 Pharmacies

      12.18.3 Specialty Stores

      12.18.4 Others

   12.19 Basis Point Share (BPS) Analysis By Distribution Channel

   12.20 Absolute $ Opportunity Assessment By Distribution Channel

   12.21 Market Attractiveness Analysis By Distribution Channel

Chapter 13 Asia Pacific Home Ultrasound System Analysis and Forecast

   13.1 Introduction

   13.2 Asia Pacific Home Ultrasound System Market Size Forecast by Country

      13.2.1 China

      13.2.2 Japan

      13.2.3 South Korea

      13.2.4 India

      13.2.5 Australia

      13.2.6 South East Asia (SEA)

      13.2.7 Rest of Asia Pacific (APAC)

   13.3 Basis Point Share (BPS) Analysis by Country

   13.4 Absolute $ Opportunity Assessment by Country

   13.5 Market Attractiveness Analysis by Country

   13.6 Asia Pacific Home Ultrasound System Market Size Forecast By Product Type

      13.6.1 Portable Ultrasound Systems

      13.6.2 Handheld Ultrasound Systems

      13.6.3 Stationary Ultrasound Systems

   13.7 Basis Point Share (BPS) Analysis By Product Type

   13.8 Absolute $ Opportunity Assessment By Product Type

   13.9 Market Attractiveness Analysis By Product Type

   13.10 Asia Pacific Home Ultrasound System Market Size Forecast By Application

      13.10.1 Musculoskeletal

      13.10.2 Cardiovascular

      13.10.3 Obstetrics and Gynecology

      13.10.4 Abdominal

      13.10.5 Others

   13.11 Basis Point Share (BPS) Analysis By Application

   13.12 Absolute $ Opportunity Assessment By Application

   13.13 Market Attractiveness Analysis By Application

   13.14 Asia Pacific Home Ultrasound System Market Size Forecast By End-User

      13.14.1 Home Care Settings

      13.14.2 Ambulatory Surgical Centers

      13.14.3 Clinics

      13.14.4 Others

   13.15 Basis Point Share (BPS) Analysis By End-User

   13.16 Absolute $ Opportunity Assessment By End-User

   13.17 Market Attractiveness Analysis By End-User

   13.18 Asia Pacific Home Ultrasound System Market Size Forecast By Distribution Channel

      13.18.1 Online Stores

      13.18.2 Pharmacies

      13.18.3 Specialty Stores

      13.18.4 Others

   13.19 Basis Point Share (BPS) Analysis By Distribution Channel

   13.20 Absolute $ Opportunity Assessment By Distribution Channel

   13.21 Market Attractiveness Analysis By Distribution Channel

Chapter 14 Latin America Home Ultrasound System Analysis and Forecast

   14.1 Introduction

   14.2 Latin America Home Ultrasound System Market Size Forecast by Country

      14.2.1 Brazil

      14.2.2 Mexico

      14.2.3 Rest of Latin America (LATAM)

   14.3 Basis Point Share (BPS) Analysis by Country

   14.4 Absolute $ Opportunity Assessment by Country

   14.5 Market Attractiveness Analysis by Country

   14.6 Latin America Home Ultrasound System Market Size Forecast By Product Type

      14.6.1 Portable Ultrasound Systems

      14.6.2 Handheld Ultrasound Systems

      14.6.3 Stationary Ultrasound Systems

   14.7 Basis Point Share (BPS) Analysis By Product Type

   14.8 Absolute $ Opportunity Assessment By Product Type

   14.9 Market Attractiveness Analysis By Product Type

   14.10 Latin America Home Ultrasound System Market Size Forecast By Application

      14.10.1 Musculoskeletal

      14.10.2 Cardiovascular

      14.10.3 Obstetrics and Gynecology

      14.10.4 Abdominal

      14.10.5 Others

   14.11 Basis Point Share (BPS) Analysis By Application

   14.12 Absolute $ Opportunity Assessment By Application

   14.13 Market Attractiveness Analysis By Application

   14.14 Latin America Home Ultrasound System Market Size Forecast By End-User

      14.14.1 Home Care Settings

      14.14.2 Ambulatory Surgical Centers

      14.14.3 Clinics

      14.14.4 Others

   14.15 Basis Point Share (BPS) Analysis By End-User

   14.16 Absolute $ Opportunity Assessment By End-User

   14.17 Market Attractiveness Analysis By End-User

   14.18 Latin America Home Ultrasound System Market Size Forecast By Distribution Channel

      14.18.1 Online Stores

      14.18.2 Pharmacies

      14.18.3 Specialty Stores

      14.18.4 Others

   14.19 Basis Point Share (BPS) Analysis By Distribution Channel

   14.20 Absolute $ Opportunity Assessment By Distribution Channel

   14.21 Market Attractiveness Analysis By Distribution Channel

Chapter 15 Middle East & Africa (MEA) Home Ultrasound System Analysis and Forecast

   15.1 Introduction

   15.2 Middle East & Africa (MEA) Home Ultrasound System Market Size Forecast by Country

      15.2.1 Saudi Arabia

      15.2.2 South Africa

      15.2.3 UAE

      15.2.4 Rest of Middle East & Africa (MEA)

   15.3 Basis Point Share (BPS) Analysis by Country

   15.4 Absolute $ Opportunity Assessment by Country

   15.5 Market Attractiveness Analysis by Country

   15.6 Middle East & Africa (MEA) Home Ultrasound System Market Size Forecast By Product Type

      15.6.1 Portable Ultrasound Systems

      15.6.2 Handheld Ultrasound Systems

      15.6.3 Stationary Ultrasound Systems

   15.7 Basis Point Share (BPS) Analysis By Product Type

   15.8 Absolute $ Opportunity Assessment By Product Type

   15.9 Market Attractiveness Analysis By Product Type

   15.10 Middle East & Africa (MEA) Home Ultrasound System Market Size Forecast By Application

      15.10.1 Musculoskeletal

      15.10.2 Cardiovascular

      15.10.3 Obstetrics and Gynecology

      15.10.4 Abdominal

      15.10.5 Others

   15.11 Basis Point Share (BPS) Analysis By Application

   15.12 Absolute $ Opportunity Assessment By Application

   15.13 Market Attractiveness Analysis By Application

   15.14 Middle East & Africa (MEA) Home Ultrasound System Market Size Forecast By End-User

      15.14.1 Home Care Settings

      15.14.2 Ambulatory Surgical Centers

      15.14.3 Clinics

      15.14.4 Others

   15.15 Basis Point Share (BPS) Analysis By End-User

   15.16 Absolute $ Opportunity Assessment By End-User

   15.17 Market Attractiveness Analysis By End-User

   15.18 Middle East & Africa (MEA) Home Ultrasound System Market Size Forecast By Distribution Channel

      15.18.1 Online Stores

      15.18.2 Pharmacies

      15.18.3 Specialty Stores

      15.18.4 Others

   15.19 Basis Point Share (BPS) Analysis By Distribution Channel

   15.20 Absolute $ Opportunity Assessment By Distribution Channel

   15.21 Market Attractiveness Analysis By Distribution Channel

Chapter 16 Competition Landscape

   16.1 Home Ultrasound System Market: Competitive Dashboard

   16.2 Global Home Ultrasound System Market: Market Share Analysis, 2023

   16.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)

      16.3.1 GE Healthcare

Philips Healthcare

Siemens Healthineers

Canon Medical Systems Corporation

Samsung Medison

Hitachi Medical Systems

Fujifilm Holdings Corporation

Mindray Medical International Limited

Esaote SpA

Analogic Corporation

Chison Medical Imaging Co., Ltd.

Terason

Shenzhen Bestman Instrument Co., Ltd.

Healcerion

Clarius Mobile Health

Mobisante Inc.

EchoNous Inc.

Butterfly Network, Inc.

Sonoscanner

Home Ultrasound System Market Segments

By Product Type

Portable Ultrasound Systems

Handheld Ultrasound Systems

Stationary Ultrasound Systems

By Application

Musculoskeletal

Cardiovascular

Obstetrics and Gynecology

Abdominal

Others

By End-User

Home Care Settings

Ambulatory Surgical Centers

Clinics

Others

By Distribution Channel

Online Stores

Pharmacies

Specialty Stores

Others

Home Ultrasound System Market Players

GE Healthcare

Philips Healthcare

Siemens Healthineers

Canon Medical Systems Corporation

Samsung Medison

Hitachi Medical Systems

Fujifilm Holdings Corporation

Mindray Medical International Limited

Esaote SpA

Analogic Corporation

Chison Medical Imaging Co., Ltd.

Terason

Shenzhen Bestman Instrument Co., Ltd.

Healcerion

Clarius Mobile Health

Mobisante Inc.

EchoNous Inc.

Butterfly Network, Inc.

Sonoscanner

Biosound Esaote, Inc.

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