Regional Analysis

Global Handheld Imaging Devices Market Regional Analysis

North America is expected to hold dominant position in the global handheld imaging devices market over the forecast period, owing to increase U.S. Food and Drug Administration (U.S FDA) approvals and introduction of new products in the market. For instance, Smith & Nephew, Inc. received the U.S FDA approval for i: X handheld fluorescence imaging device for detection of bacteria and wound management, in December 2019. The Moleculight i: X increases the chances of clinicians and doctors for identifying any bacterial infection if the bacterial count is over than 10⁴CFU/g (colony forming unit per gram) and accordingly effective treatment can be provided to the patients.

Moreover, Butterfly Network Inc., launched world’s first ultrasound-on-a-chip based imaging system, Butterfly iQ, in 2017, which is compatible with iPhone. It is used for the diagnosis of 13 clinical applications as it is made by combining 10 thousand sensors, which is an advantage over conventional ultrasound device used for diagnosis.

Koninklijke Philips N.V. offers Lumify, a portable ultrasound transducer connects to the Lumify app in the Android devices using USB connection. Lumify app offers clinicians or patients an advantage to examine body organs such as gall bladder, abdomen, and lungs. The device also has functionality for ob-gyn, vascular, superficial, musculoskeletal, and soft tissue.

Moreover, rising number of child births every year is one of the major factors driving demand for ultrasound devices, as the development of child in the womb is usually monitored with the help of ultrasound imaging. According to the Centers for Disease Control and Prevention (CDC), 2019, the total number of births in the U.S. accounted for 3,791,712 in 2019. The birth rate in the U.S. was 11.6 births per 1,000 population and thus, obstetrics and gynecology contributes significant share in the global ultrasound devices market. Handheld imaging devices offers easy and comfortable means of diagnosis of fetus health in case of pregnancies. These above factors are expected to boost growth of the global handheld imaging devices market over the forecast period.

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