South & Central America Handheld Ultrasound Scanners Market Forecast to 2031 - Regional Analysis - by Product Type, Application, and End User

Description

List of Tables

The South & Central America handheld ultrasound scanners market was valued at US$ 20.31 million in 2023 and is expected to reach US$ 65.22 million by 2031; it is estimated to register a CAGR of 15.7% from 2023 to 2031.

Increased Adoption of Handheld Point-Of-Care Ultrasound (POCUS) Devices Fuels South & Central America Handheld Ultrasound Scanners Market

Point of care ultrasound (POCUS) is a flexible diagnostic tool that enables physicians to incorporate ultrasound imaging directly into patient evaluation and intervention. This instant access to medical imaging can speed up the process of diagnosis and treatment, which is especially helpful in emergencies. Therefore, POCUS has the potential to significantly improve patient outcomes in addition to increasing the efficacy of medical treatment. As POCUS makes better use of time and resources, it also has the potential to reduce healthcare expenditures. The use of point-of-care ultrasound (POCUS) devices is growing quickly among medical professionals, owing to their portability, the speed with which findings can be obtained to inform clinical judgment, and the fact that patients are not exposed to radiation. Many physicians now have better access to ultrasound owing to the recent proliferation of handheld ultrasound technologies. Physicians in emergency medicine, critical care, cardiology, and other specialties are increasingly utilizing POCUS for real-time diagnostic imaging, allowing for faster decision-making and improved patient outcomes. This shift toward decentralized ultrasound has led to a significant increase in demand for handheld scanners.

Advancements in technology have dramatically improved the image quality and functionality of handheld POCUS devices. Modern scanners offer high-resolution imaging, advanced features such as Doppler and strain imaging, and user-friendly interfaces that simplify operation. This technological leap has made POCUS a more reliable and versatile diagnostic tool, attracting broader adoption across clinical settings. For instance, Butterfly Network, Inc., a digital health business, received FDA approval in January 2024 for Butterfly iQ3, a next-generation handheld point-of-care ultrasound (POCUS) system. The new gadget is the third version of the world's first single-probe, whole-body ultrasound system based on semiconductor technology. With its all-new ergonomic form, Butterfly iQ3 will process data twice as quickly for optimal picture resolution, sensitivity, and penetration. It will also have faster 3D capabilities, enabling new automated image-capturing modes like iQ Slice and iQ Fan.

The cost-effectiveness of handheld POCUS devices compared to traditional ultrasound machines is a significant factor driving the market. These portable scanners offer a more affordable alternative, particularly for smaller clinics and hospitals with limited budgets. The lower procurement cost and the ability to perform point-of-care imaging make handheld POCUS devices a financially viable solution for improving patient care. Thus, the increasing demand for POCUS in various clinical settings and technological advancements boost the South & Central America handheld ultrasound scanners market growth.

South & Central America Handheld Ultrasound Scanners Market Overview

The risk of developing cancer increases with age. The World Health Organization and the Brazilian Institute of Geography and Statistics reported that the population aged >= 60 years would reach approximately 55 million by 2040 in Brazil. The number of people with cancer has doubled in the past three decades in Brazil. According to data published in an article, Revista Brasileira de Cancerologia 2020, there would be 600,000 new cancer cases during 2019-2020. Thus, as the geriatric population is more susceptible to cancer and other chronic diseases, several types of innovative medical equipment, including handheld ultrasound scanners, are being introduced to the market.

South & Central America Handheld Ultrasound Scanners Market Revenue and Forecast to 2031 (US$ Million)

South & Central America Handheld Ultrasound Scanners Market Segmentation

The South & Central America handheld ultrasound scanners market is categorized into product type, application, end user, and country.

Based on product type, the South & Central America handheld ultrasound scanners market is segmented into 2D handheld ultrasound scanners, 3D/4D handheld ultrasound scanners, and doppler ultrasound. The 2D handheld ultrasound scanners segment held the largest market share in 2023.

In terms of application, the South & Central America handheld ultrasound scanners market is categorized into gynecology, neurology, cardiology, urology, aesthetics, musculoskeletal, veterinary, and other applications. The gynecology segment held the largest market share in 2023.

By end user, the South & Central America handheld ultrasound scanners market is segmented into hospitals and ambulatory care centers, diagnostic centers, military usage, remote areas, primary care/family medicine, medical/nurse education, veterinary clinics, and others. The hospitals and ambulatory care centers segment held the largest market share in 2023.

By country, the South & Central America handheld ultrasound scanners market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America handheld ultrasound scanners market share in 2023.

GE HealthCare Technologies Inc; Siemens Healthineers AG; Koninklijke Philips NV; Shenzhen Mindray Bio-Medical Electronics Co Ltd; Clarius Mobile Health Corp; Butterfly Network Inc; ESAOTE SPA; ASUSTek Computer Inc; and FUKUDA DENSHI are some of the leading companies operating in the South & Central America handheld ultrasound scanners market.

Product Code: BMIRE00031602

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:
3.3 Market Share Analysis, 2023
3.4 Revenue Structure Range for the Players in 2023

4. South & Central America Handheld Ultrasound Scanners Market - Key Market Dynamics

4.1 Market Drivers
- 4.1.1 Increased Adoption of Handheld Point-Of-Care Ultrasound (POCUS) Devices
- 4.1.2 Rise in Demand for Image-Based Diagnostic Systems and Real-Time Delivery
4.2 Market Restraints
- 4.2.1 Shortage of Skilled Professionals and Limited Battery Life of Portable Ultrasound Scanners
4.3 Market Opportunities
- 4.3.1 Growth of Telemedicine and Remote Monitoring
4.4 Future Trends
- 4.4.1 Integration of Artificial Intelligence (AI)
4.5 Impact of Drivers and Restraints:

5. Handheld Ultrasound Scanners Market - South & Central America Analysis

5.1 South & Central America Handheld Ultrasound Scanners Market Revenue (US$ Thousand), 2021-2031
5.2 South & Central America Handheld Ultrasound Scanners Market Forecast Analysis

6. South & Central America Handheld Ultrasound Scanners Market Analysis - by Product Type

6.1 2D Handheld Ultrasound Scanners
- 6.1.1 Overview
- 6.1.2 2D Handheld Ultrasound Scanners: South & Central America Handheld Ultrasound Scanners Market - Revenue and Forecast to 2031 (US$ Thousand)
6.2 3D/4D Handheld Ultrasound Scanners
- 6.2.1 Overview
- 6.2.2 3D/4D Handheld Ultrasound Scanners: South & Central America Handheld Ultrasound Scanners Market - Revenue and Forecast to 2031 (US$ Thousand)
6.3 Doppler Ultrasound
- 6.3.1 Overview
- 6.3.2 Doppler Ultrasound: South & Central America Handheld Ultrasound Scanners Market - Revenue and Forecast to 2031 (US$ Thousand)

7. South & Central America Handheld Ultrasound Scanners Market Analysis - by Application

7.1 Gynecology
- 7.1.1 Overview
- 7.1.2 Gynecology: South & Central America Handheld Ultrasound Scanners Market - Revenue and Forecast to 2031 (US$ Thousand)
7.2 Neurology
- 7.2.1 Overview
- 7.2.2 Neurology: South & Central America Handheld Ultrasound Scanners Market - Revenue and Forecast to 2031 (US$ Thousand)
7.3 Cardiology
- 7.3.1 Overview
- 7.3.2 Cardiology: South & Central America Handheld Ultrasound Scanners Market - Revenue and Forecast to 2031 (US$ Thousand)
7.4 Urology
- 7.4.1 Overview
- 7.4.2 Urology: South & Central America Handheld Ultrasound Scanners Market - Revenue and Forecast to 2031 (US$ Thousand)
7.5 Aesthetics
- 7.5.1 Overview
- 7.5.2 Aesthetics: South & Central America Handheld Ultrasound Scanners Market - Revenue and Forecast to 2031 (US$ Thousand)
7.6 Musculoskeletal
- 7.6.1 Overview
- 7.6.2 Musculoskeletal: South & Central America Handheld Ultrasound Scanners Market - Revenue and Forecast to 2031 (US$ Thousand)
7.7 Veterinary
- 7.7.1 Overview
- 7.7.2 Veterinary: South & Central America Handheld Ultrasound Scanners Market - Revenue and Forecast to 2031 (US$ Thousand)
7.8 Other Applications
- 7.8.1 Overview
- 7.8.2 Other Applications: South & Central America Handheld Ultrasound Scanners Market - Revenue and Forecast to 2031 (US$ Thousand)

8. South & Central America Handheld Ultrasound Scanners Market Analysis - by End User

8.1 Hospitals and Ambulatory Care Centers
- 8.1.1 Overview
- 8.1.2 Hospitals and Ambulatory Care Centers: South & Central America Handheld Ultrasound Scanners Market - Revenue and Forecast to 2031 (US$ Thousand)
8.2 Diagnostic Centers
- 8.2.1 Overview
- 8.2.2 Diagnostic Centers: South & Central America Handheld Ultrasound Scanners Market - Revenue and Forecast to 2031 (US$ Thousand)
8.3 Military Usage
- 8.3.1 Overview
- 8.3.2 Military Usage: South & Central America Handheld Ultrasound Scanners Market - Revenue and Forecast to 2031 (US$ Thousand)
8.4 Remote Areas
- 8.4.1 Overview
- 8.4.2 Remote Areas: South & Central America Handheld Ultrasound Scanners Market - Revenue and Forecast to 2031 (US$ Thousand)
8.5 Primary Care/Family Medicine
- 8.5.1 Overview
- 8.5.2 Primary Care/Family Medicine: South & Central America Handheld Ultrasound Scanners Market - Revenue and Forecast to 2031 (US$ Thousand)
8.6 Medical/Nurse Education
- 8.6.1 Overview
- 8.6.2 Medical/Nurse Education: South & Central America Handheld Ultrasound Scanners Market - Revenue and Forecast to 2031 (US$ Thousand)
8.7 Veterinary Clinics
- 8.7.1 Overview
- 8.7.2 Veterinary Clinics: South & Central America Handheld Ultrasound Scanners Market - Revenue and Forecast to 2031 (US$ Thousand)
8.8 Others
- 8.8.1 Overview
- 8.8.2 Others: South & Central America Handheld Ultrasound Scanners Market - Revenue and Forecast to 2031 (US$ Thousand)

9. South & Central America Handheld Ultrasound Scanners Market - Country Analysis

9.1 South and Central America Handheld Ultrasound Scanners Market, by Key Countries- Revenue (2023) US$ Thousand
- 9.1.1 South & Central America Handheld Ultrasound Scanners Market - Revenue and Forecast Analysis - by Country
  - 9.1.1.1 South & Central America Handheld Ultrasound Scanners Market - Revenue and Forecast Analysis - by Country
  - 9.1.1.2 Brazil: South & Central America Handheld Ultrasound Scanners Market - Revenue and Forecast to 2031 (US$ Thousand)
    - 9.1.1.2.1 Brazil: South & Central America Handheld Ultrasound Scanners Market Breakdown, by Product Type
    - 9.1.1.2.2 Brazil: South & Central America Handheld Ultrasound Scanners Market Breakdown, by Application
    - 9.1.1.2.3 Brazil: South & Central America Handheld Ultrasound Scanners Market Breakdown, by End User
  - 9.1.1.3 Argentina: South & Central America Handheld Ultrasound Scanners Market - Revenue and Forecast to 2031 (US$ Thousand)
    - 9.1.1.3.1 Argentina: South & Central America Handheld Ultrasound Scanners Market Breakdown, by Product Type
    - 9.1.1.3.2 Argentina: South & Central America Handheld Ultrasound Scanners Market Breakdown, by Application
    - 9.1.1.3.3 Argentina: South & Central America Handheld Ultrasound Scanners Market Breakdown, by End User
  - 9.1.1.4 Rest of South & Central America Handheld Ultrasound Scanners Market - Revenue and Forecast to 2031 (US$ Thousand)
    - 9.1.1.4.1 Rest of South & Central America Handheld Ultrasound Scanners Market Breakdown, by Product Type
    - 9.1.1.4.2 Rest of South & Central America Handheld Ultrasound Scanners Market Breakdown, by Application
    - 9.1.1.4.3 Rest of South & Central America Handheld Ultrasound Scanners Market Breakdown, by End User

10. Industry Landscape

10.1 Overview
10.2 Growth Strategies in South & Central America Handheld Ultrasound Scanners Market
10.3 Organic Growth Strategies
- 10.3.1 Overview
10.4 Inorganic Growth Strategies
- 10.4.1 Overview

11. Company Profiles

11.1 GE HealthCare Technologies Inc
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
11.2 Siemens Healthineers AG
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
11.3 Koninklijke Philips NV
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
11.4 Shenzhen Mindray Bio-Medical Electronics Co Ltd
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
11.5 Clarius Mobile Health Corp
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
11.6 Butterfly Network Inc
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments
11.7 ESAOTE SPA
- 11.7.1 Key Facts
- 11.7.2 Business Description
- 11.7.3 Products and Services
- 11.7.4 Financial Overview
- 11.7.5 SWOT Analysis
- 11.7.6 Key Developments
11.8 ASUSTek Computer Inc
- 11.8.1 Key Facts
- 11.8.2 Business Description
- 11.8.3 Products and Services
- 11.8.4 Financial Overview
- 11.8.5 SWOT Analysis
- 11.8.6 Key Developments
11.9 FUKUDA DENSHI
- 11.9.1 Key Facts
- 11.9.2 Business Description
- 11.9.3 Products and Services
- 11.9.4 Financial Overview
- 11.9.5 SWOT Analysis
- 11.9.6 Key Developments

12. Appendix

12.1 About The Insight Partners
12.2 Glossary of Terms