Portable Ultrasound Market to reach USD 6.8 billion by 2032, growing at a CAGR of 11.3%

The growth of the global portable ultrasound market is majorly driven by the, growing incidences of chronic disease and growing global geriatric population are few of the key drivers. As per the World Health Organization (WHO), the share of the world\'s population over 60 years is expected to double from 12% to 22% between 2015 and 2050. This demographic change is anticipated to augment the need for portable ultrasound devices for faster and effective diagnostics. Moreover, rapid developments of technology like artificial intelligence (AI) and machine learning algorithms are augmenting the abilities of portable ultrasound devices. The U.S. Food and Drug Administration (FDA) has been responding by approving portable ultrasound devices embedded with new AI-enabled software with multiple clearances in recent years.