Handheld Imaging Devices Market Analysis
On the market now is a scaled-down replica of the enormous diagnostic imaging equipment that are used to diagnose patients. These devices are available in niature form. These small, portable or pocket-sized machines provide advantages over more traditional testing methods, such as the ability to obtain findings in a shorter amount of time. As a result, with the assistance of portable gadgets, it is feasible for medical professionals and other caregivers to offer patients with an accurate diagnosis as well as appropriate therapy right away. Imaging equipment that may be carried in one’s hand are useful for a variety of applications, including wound healing and venipuncture, among others.
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cro C LLC provides the cro C product, which is a portable x-ray and digital imaging system. Its primary application is in the medical treatment of conditions affecting the extreties. The radiations are converted into fluoroscopic pictures of the human skeleton in real time by the gadget. The advantages that can be gained by using a device manufactured by cro C LLC rather than a conventional X-ray machine include the fact that the device can be sterilized and that it ets a lower amount of radiation, which in turn reduces the amount of radiation that patients and surgical staff are exposed to.
Siemens’s ultrasound system, known as the Acuson Freestyle, has a cordless transducer and is available to customers to purchase. It is helpful for clinical applications in the fields of anesthesiology, cardiology, musculoskeletal systems, and other medical specialties. It has pixelformer image processing architecture, which produces high resolution and high quality pictures of the region of interest. Moreover, it features Needle V, which improves needle injections and punctures by strengthening procedural clarity.
In addition to General Electric Company, other major players in the portable imaging devices market are Sth & Nephew, Healcerion, Inc., Siemens, and Koninklijke Philips N.V., amongst others.
Global Handheld Imaging Devices Market Drivers
A further factor that is anticipated to drive expansion in the global market for portable imaging devices is the introduction of new products that include upgraded technologies that provide comfort, convenience, and enhanced patient outcomes. One such example is Kent Imaging Inc., which in 2017 introduced a multispectral imaging device called Snapshot NIR. This device may be used for imaging the oxygenation of tissue. It quantifies the amount of oxygenated blood that is readily accessible in the tissue. This contributes to enhanced decision making before to, during, and after a surgical care procedure or wound care procedure.
In addition, Orca Medical (Healcerion) released a portable ultrasound system known as the SONON 300C in the year 2017. This system is the same size as the transducer and is compatible with the technology used by both iOS and Android. The ultrasound system weighs about 13 ounces (360 grams) and has an internal lithium-ion battery that can be recharged. It also has the ability to connect to Wi-Fi, 3G, and LTE networks, which allows it to send still images and videos that are Dicom compliant to other mobile devices or to different hospitals or clinics. Sonon 300C is helpful for visualizing internal organs and body components such tendons, muscles, and joints as well as blood vessels and abdonal and urinary bladders. In obstetrics and gynecology, the diagnostic technique can be performed using the ultrasound, which also includes the color Doppler capabilities.
When utilized appropriately, handheld medical devices provide a number of benefits that are incomparable to those of traditional imaging technology, including the ability to increase the quality of treatment while simultaneously enhancing efficiency and effectiveness. As a result of the quicker diagnosis, it also helps to decrease the amount of people waiting in overcrowded emergency rooms. Devices that can be held in the hand are likewise portable and easily transported. Throughout the period covered by this estimate, these factors are anticipated to fuel growth in the global market for portable imaging devices.
Global Handheld Imaging Devices Market Restraints
There is no such thing as a failsafe when it comes to handheld imaging equipment since their results may not always match those of centralized laboratory exanations. In addition, diagnosis with hand-held imaging equipment takes less time, but this may have an effect on the specificity or sensitivity of the results; centralized laboratory tests, on the other hand, are extremely sensitive. The storage of data is yet another significant obstacle when working with handheld imaging systems. Hand-held imaging technologies were shown to be less effective for identifying vascularity (in the case of oncology), ectopic pregnancies, and treating obese individuals, as reported by the National Center for Biotechnology Information (NCBI) in 2019. As a result of the aforementioned factors, it is anticipated that the market for portable imaging devices will remain stagnant over the projected period.
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Global Handheld Imaging Devices Market Regional Analysis
Due to an increase in the number of handheld imaging devices approved by the United States Food and Drug Adnistration (US FDA) and the introduction of new products to the market, it is anticipated that North America will maintain its donant position in the global market for handheld imaging devices over the forecast period. For instance, in December 2019, the United States Food and Drug Adnistration (FDA) gave its clearance for Sth & Nephew, Inc.’s I X portable fluorescence imaging equipment for the identification of germs and the treatment of wounds. While using the Moleculight I X, physicians and doctors have a greater probability of recognizing any bacterial illness if the bacterial count is greater than 104 CFU/g (colony forng unit per gram). As a result, patients can receive more effective therapy.
In addition, Butterfly Network Inc. introduced the world’s first ultrasound-on-a-chip based imaging system, known as Butterfly iQ, in 2017. This system is compatible with the iPhone. Since it is constructed by merging ten thousand sensors, it offers an advantage over traditional ultrasonic devices that are used for diagnosis in that it is put to use for the diagnosis of thirteen different clinical applications.
Lufy is a portable ultrasonic transducer that may be purchased from Koninklijke Philips N.V. This transducer communicates to the Lufy app for Android smartphones through a USB connection. The Lufy app provides a benefit to professionals as well as patients when it comes to exaning internal bodily parts including the gall bladder, abdomen, and lungs. In addition to ob-gyn functions, the gadget also offers capabilities for vascular, superficial, musculoskeletal, and soft tissue imaging.
In addition, the growing number of children who are born each year is one of the primary causes that is driving demand for ultrasound equipment. This is due to the fact that ultrasound imaging is typically used to track the development of children while they are still in the womb. According to the data provided by the Centers for Disease Control and Prevention (CDC), the total number of births that took place in the United States in 2019 was 3,791,712. As a result of the relatively high birth rate in the United States (11.6 births per 1,000 people), obstetrics and gynecology account for a sizeable portion of the market for ultrasound devices worldwide. In the event that there is a pregnancy, handheld imaging equipment provide a quick and comfortable technique of diagnosing the health of the fetus. The growth of the worldwide market for portable imaging devices is anticipated to be boosted throughout the projected period by the aspects that have been discussed above.
Global Handheld Imaging Devices Market Key Players
The General Electric Company, Sth & Nephew, Inc., Healcerion, Inc., cro C, LLC, Hunan Ramzed Medical Imaging Technology Co., Ltd., Siemens, Koninklijke Philips N.V., Butterfly Network, Inc., BLZ Technology Inc., and Kent Imaging INC. are some of the major companies that are active in the global handheld imaging devices market.
Market Taxonomy
Table of Contents with Major Points:
Executive Summary
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Introduction
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Key Findings
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Recommendations
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Definitions and Assumptions
Market Overview
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Definition of Handheld Imaging Devices Market
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Market Dynamics
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Drivers
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Restraints
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Opportunities
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Trends and Developments
Key Insights
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Key Emerging Trends
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Key Developments Mergers and Acquisition
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New Product Launches and Collaboration
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Partnership and Joint Venture
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Latest Technological Advancements
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Insights on Regulatory Scenario
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Porters Five Forces Analysis
Qualitative Insights Impact of COVID-19 on Global Handheld Imaging Devices Market
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Supply Chain Challenges
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Steps taken by Government/Companies to overcome this impact
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Potential opportunities due to COVID-19 outbreak
Conclusion
Appendix
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Data Sources
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Abbreviations
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Disclaimer
TOC Continued…!
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