Handheld Medical Body Scanner Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

The handheld medical body scanner devices are used in diagnosing primary illnesses as well as choric diseases. The devices include three basic components: a near-infrared light source and an OCT (Optical Coherence Tomography) system, a video camera to relay real-time images of surface features, and scan locations micro-electro mechanical (MEMS) based scanner to direct the light. The near-infrared wavelengths of light penetrate deeper into human tissues than other wavelengths more readily absorbed by the body. By measuring the time it takes the light to bounce back from tissue microstructure, computer algorithms build a picture of the structure of tissue under examination. This is detailed enough to spot the first signs of tumors in specific cells and is about 100 times higher resolution than what X-Ray, computed tomography (CT), and Magnetic Resonance Imaging (MRI) machines can provide. According to researchers say that this device was designed to be used by medical professionals who do not specialize in imaging or pathology, allowing them to scan patients using the new device in clinics or at the bedside. Patients would not face the inconvenience of waiting for MRI or CT scanner availability and requiring attendance at a specialized facility.

MARKET DYNAMICS

The handheld medical body scanner market has shown a significant evolution over the forecast period. The key driving factors include the rising rate of non-communicable diseases and the growing aging population. Diabetic patients, especially, may benefit from the device. About 40 to 45 percent of people with diabetes develop leaky blood vessels in their retinas (retinopathy), leading to thickening of the retina, blurry vision, and eventually blindness. The handheld OCT device would allow doctors to monitor the health of the retina, potentially catching retinopathy in its early stages. Also, the advanced technology used in these devices provides high resolution and makes it easier for the physician to diagnose the disease. Handheld medical body scanner devices are mainly for primary care physicians, which are front-lines of diagnosing illnesses, lacking access to diagnostic equipment, thus fuelling the growth of this market. The doctors might be able to use the device to precisely identify diseases as they develop at the cellular level, in real-time, and in high resolution. However, the high cost of these scanners is likely to hamper the market growth. Multiple types of research regarding the handheld medical body scanner are emerging. For instance, Scientists at Nanyang Technological University, Singapore (NTU Singapore) have developed a handheld medical imaging device that can produce images down to resolutions of 1-2 micrometers. They use the technology of micro-OCT (Optical Coherence Tomography) on their device. Its potential ability to spot the first signs of cancers of the colon, stomach and skin, which begin in the nuclei of epithelial cells measuring about 1-2 micrometers.

MARKET SCOPE

The "Handheld Medical Body Scanner Market Analysis to 2031" is a specialized and in-depth study of the medical device in the healthcare industry, focusing on the global market trend analysis. This report provides an outline of the handheld medical body scanner market with detailed market segmentation by product, application, and end-user. The handheld medical body scanner market is expected to witness high growth during the forecast period. The report focuses on the vital statistics on the market status of the leading players in the handheld medical body scanner market and offers key trends and opportunities.

MARKET SEGMENTATION

The market is segmented based on product, application, and end-user. On the basis of the product, the market is categorized as a wired handheld medical body scanner and wireless handheld medical body scanner. Based on application, the market is segmented as diabetes, cancer, infections, and others. Based on the end-user, the market is segmented as hospitals, clinics, diagnostic centers, and others.

REGIONAL FRAMEWORK

The report lays out a detailed outline of the industry, including both quantitative and qualitative information. The report gives a sketch and forecast of the handheld medical body scanner market-based on various segments. It also comprises market size and forecast estimates from the year 2021 to2031 concerning five major regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. The handheld medical body scanner market by each region is later subdivided into respective countries and segments. The report comprises the analysis and forecast of 18 countries globally and the recent trend and opportunities prevailing in the region.

The report analyzes factors affecting the handheld medical body scanner market from both the demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also comprises precise PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South & Central America, after evaluating political, economic, social, and technological factors affecting the handheld medical body scanner market in these regions.

Handheld Medical Body Scanner Market Report Analysis

Handheld Medical Body Scanner Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• CREAFORM
• Butterfly Network, Inc.
• Clarius Mobile Health.
• Koninklijke Philips N.V.
• FUJIFILM Sonosite, Inc.
• Healcerion Co., Ltd.
• Meditech Equipment Co.,Ltd
• TERASON DIVISION TERATECH CORPORATION.
• Sonostar Technologies Co., Limited

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Product

• Wired Handheld Medical Body Scanner
• Wireless Handheld Medical Body Scanner

By Application

• Diabetes
• Cancer
• Infections

By End-User

• Hospitals
• Clinics
• Diagnostic Centers

MARKET PLAYERS

The report contains critical developments in the handheld medical body scanner market as organic and inorganic growth strategies. Various enterprises focus on organic growth strategies like product approvals, product launches, and others, such as patents and events. Inorganic growth strategies observed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the handheld medical body scanner market are anticipated to have profitable growth opportunities in the coming years with the rising demand for the handheld medical body scanner in the global market. Given below is the list of few companies engaged in the handheld medical body scanner market.

The report also comprises of the profiles of key players in the handheld medical body scanner market, along with their SWOT analysis and market strategies. Additionally, the report elaborates on leading industry players with information on company profiles, components, and services provided, financial information of the last three years, critical development in the past five years.

•  CREAFORM
  
•  Butterfly Network, Inc.
  
•  Clarius Mobile Health.
  
•  Koninklijke Philips N.V.
  
•  FUJIFILM Sonosite, Inc.
  
•  Healcerion Co., Ltd.
  
•  Meditech Equipment Co., Ltd
  
•  TERASON DIVISION TERATECH CORPORATION.
  
•  Sonostar Technologies Co., Limited
  
•  GENERAL ELECTRIC COMPANY
  

The Insight Partner's dedicated research and analysis team comprises of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Handheld Medical Body Scanner Market Report Scope