South Korea Portable Ultrasound Equipment Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Handheld Ultrasound Devices, Mobile Ultrasound Devices), By Application (Cardiology, Obstetrics/Gynecology, Musculoskeletal, Emergency Medicine, and Others), and South Korea Portable Ultrasound Equipment Market Insights, Industry Trend, Forecasts to 2035
Industry: HealthcareSouth Korea Portable Ultrasound Equipment Market Insights Forecasts to 2035
- The South Korea Portable Ultrasound Equipment Market size is Expected to Grow at a CAGR of around 5.9% from 2025 to 2035
- The South Korea Portable Ultrasound Equipment Market size is Expected to Hold a Significant Share by 2035
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According to a Research Report Published by Spherical Insights & Consulting, the South Korea Portable Ultrasound Equipment Market Size is Anticipated to Grow at a CAGR of 5.9% from 2025 to 2035. The market is driven by increasing adoption of point-of-care imaging, technological advancements such as AI and wireless probes, and strong domestic manufacturing presence supported by an aging population and rising chronic disease burden.
Market Overview
The South Korea portable ultrasound equipment market is consist of the diagnostic imaging devices designed for portability and point-of-care applications which include handheld probes; laptop-based systems; and lightweight cart-based ultrasound devices. These devices enable clinicians to perform rapid, non-invasive imaging for diagnostic and monitoring purposes in hospitals, emergency departments, ambulatory clinics, and home health care. Key factors contributing to growth in the South Korea portable ultrasound equipment market are the increasing adoption and integration of point of care ultrasound (POCUS) into a variety of clinical applications; the increased emphasis on bedside monitoring of an aging population; and the growing trend to utilize ultrasound imaging as a foundation for collaborative practitioners and interprofessional teams. Emerging technologies such as automated AI-assisted imaging, wireless connectivity, and cloud-based storage and software are strengthening clinical decision-making and applications for POCUS, allowing specialist and general practitioners access within their practice. Local manufacturing has a strong presence in South Korea with companies like Samsung Medison and increasing OEM partners help ensure availability of POCUS products and innovations in product development.
Report Coverage
This research report categorizes the market for the South Korea portable ultrasound equipment market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea portable ultrasound equipment market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea portable ultrasound equipment market.
South Korea Portable Ultrasound Equipment Market Report Coverage
Report Coverage | Details |
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Base Year: | 2024 |
Forecast Period: | 2024-2035 |
Forecast Period CAGR 2024-2035 : | 5.9% |
Historical Data for: | 2020-2023 |
No. of Pages: | 210 |
Tables, Charts & Figures: | 130 |
Segments covered: | By Product Type, By Application. |
Companies covered:: | GE Healthcare, Philips Healthcare, Siemens Healthineers, Canon Medical Systems Corporation, Samsung Medison, Fujifilm Holdings Corporation, Hitachi Ltd and Others. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
The South Korea portable ultrasound equipment market is driven by increasing utilization of point-of-care ultrasound in point of care assessments, emergency, and critical care settings, as well as technology advancements such as AI, wireless probes and cloud capabilities. Growing demand from an aging population, increasing chronic disease prevalence and strong domestic manufacturing capabilities continues to drive market growth and clinical adoption.
Restraining Factors
The South Korea portable ultrasound equipment market is facing restraints such as the high costs associated with advanced medical-grade handheld and AI-enabled systems, limited reimbursement coverage, and the need for standardized operator training and skill to use the systems, which restrict the use of portable ultrasound systems in small clinics and rural healthcare facilities.
Market Segmentation
The South Korea portable ultrasound equipment market share is classified into product type and application.
- The handheld ultrasound devices segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea portable ultrasound equipment market is segmented by product type into handheld ultrasound devices and mobile ultrasound devices. Among these, the handheld ultrasound devices segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. The large share is due to their affordability, accessibility, ease of use in point of care, and increased uptake in emergency and outpatient care.
- The cardiology segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea portable ultrasound equipment market is segmented by application into cardiology, obstetrics/gynecology, musculoskeletal, emergency medicine, and others. Among these, the cardiology segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period. This leadership is attributed to high prevalence of CVD in South Korea, increasing use of portable echocardiography for bedside use, and advances in technology that make cardiac imaging more accurate in hand-held devices.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea portable ultrasound equipment market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- GE Healthcare
- Philips Healthcare
- Siemens Healthineers
- Canon Medical Systems Corporation
- Samsung Medison
- Fujifilm Holdings Corporation
- Hitachi Ltd.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea portable ultrasound equipment market based on the below-mentioned segments:
South Korea Portable Ultrasound Equipment Market, By Product Type
- Handheld Ultrasound Devices
- Mobile Ultrasound Devices
South Korea Portable Ultrasound Equipment Market, By Application
- Cardiology
- Obstetrics/Gynecology
- Musculoskeletal
- Emergency Medicine
- Others
Frequently Asked Questions (FAQ)
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Q: What is the forecasted CAGR of the South Korea Portable Ultrasound Equipment Market from 2024 to 2035?A: The market is expected to grow at a CAGR of around 5.9% during the period 2024–2035.
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Q: Can you provide company profiles for the South Korea Portable Ultrasound Equipment Market?A: Yes. For instance, GE Healthcare, Philips Healthcare, Siemens Healthineers, Canon Medical Systems Corporation, Samsung Medison, Fujifilm Holdings Corporation and Hitachi Ltd.
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Q: What are the main drivers of growth in the South Korea Portable Ultrasound Equipment Market?A: Increasing adoption of point-of-care imaging, technological advancements such as AI and wireless probes, and strong domestic manufacturing presence supported by an aging population and rising chronic disease burden.
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Q: What challenges are limiting the adoption of the portable ultrasound equipment in Market?A: High costs associated with advanced medical-grade handheld and AI-enabled systems, limited reimbursement coverage, and the need for standardized operator training and skill to use the systems, which restrict the use of portable ultrasound systems in small clinics and rural healthcare facilities.
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Q: Which segment dominated the market?A: The cardiology segment dominated the market.
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