As the race to be the first to provide hand-held ultrasound heating up, Exo has come out on top with its latest investment round of $220 million. We'll examine what this means for the industry and how this could benefit healthcare providers and patients alike.
The Growing Trend of Handheld Ultrasound Devices
The use of handheld ultrasound devices is becoming more and more common among medical professionals. There are many reasons for this growing trend. First, handheld ultrasound devices are becoming more and more affordable. Second, they are much easier to use than traditional ultrasound machines. Third, the quality of the images produced by handheld ultrasound devices is improving all the time.
There are many different types of handheld ultrasound devices on the market today. Some of the most popular brands include the SonoSite M-Turbo, GE Vscan, Philips CX50, and Toshiba Nemio. Each of these brands has its own strengths and weaknesses. However, all of them offer a great way for medical professionals to get high-quality images without having to lug around a full-sized ultrasound machine.
One of the biggest advantages of handheld ultrasound devices is that they are much cheaper than traditional ultrasound machines. The SonoSite M-Turbo, for example, costs around $30,000. That may seem like a lot of money, but it's actually very affordable when you compare it to the cost of a traditional machine, which can easily run into the hundreds of thousands of dollars.
Another big advantage of handheld ultrasound devices is that they are much easier to use than their larger counterparts. Most models only require one person to operate them, which makes them ideal for busy medical practices. Additionally, many models come with built-in software that makes it easy to get high-quality images without any
Changing Trends in Handheld Ultrasound Devices
The popularity of handheld ultrasound devices has grown in recent years, as has the number of companies producing them. Exo, a startup that makes a hand-held ultrasound device, has raised $8 million in funding to help it compete in this rapidly growing market.
Handheld ultrasound devices are becoming increasingly popular due to their portability and affordability. Their small size means they can be easily carried around and used in a variety of settings, including primary care offices, urgent care clinics, and even at home.
Their affordability is also making them more popular. Prices for handheld ultrasound devices have come down significantly in recent years, making them more accessible to a wider range of users.
Exo’s device is called the OmniScan, and it’s designed to be used by both medical professionals and consumers. The company plans to use the funding to further develop its product and expand its marketing efforts.
With more companies entering the market and competition increasing, prices for handheld ultrasound devices are likely to continue to fall. This will make them even more popular and allow more people to benefit from their use.
Exo Aipowered 220m $220 million
In May 2014, Exo raised $220 million in a Series B round of funding led by Kleiner Perkins Caufield & Byers. The company has now raised a total of $340 million.
Exo is developing a hand-held ultrasound device that it says will be much cheaper and easier to use than current devices on the market. The company was founded in 2012 by Mehmet Yigit (CEO) and Miki Kuwabara (COO), who met while working at getUWired, a web design company.
The funding will be used to continue developing the product, as well as to expand the team and build out the sales and marketing infrastructure. Exo is currently available for pre-order, with shipping expected to begin in late 2014 or early 2015.
What are Some of the Main Features of Exo's Device?
Some of the main features of Exo's device include its portability, affordability, and accuracy. The device is about the size of a smartphone and can be easily carried in a pocket or purse. It uses sensors to detect sound waves and then sends the data to an app on a connected device, such as a smartphone or tablet. The app then displays the images on a screen for the user to see.
The device is said to be much more affordable than traditional ultrasound machines, which can cost tens of thousands of dollars. Exo plans to sell its devices for around $2,000. The company says that its technology is also more accurate than other portable ultrasound devices on the market.
How to Navigate Challenges Faced by Handheld Ultrasound User?
There is no question that handheld ultrasound devices have revolutionized medical care. But as with any new technology, there are challenges that need to be addressed. Here are some tips on how to navigate the challenges faced by handheld ultrasound users:
1. Make sure you have a good understanding of the anatomy and physiology of the body part you are scanning. This will help you to better identify abnormalities and avoid potential errors.
2. Be aware of potential artifacts that can occur during scanning. These can include shadowing, reverberation, and side lobe artifacts.
3. Use patient positioning techniques to optimize image quality. This includes using proper bedding, pillows, and positioning pads.
4. Understand the limitations of your device. Do not attempt to scan beyond the capabilities of your machine or software application.
5. Stay up-to-date on advances in technology and software updates. This will help you make the most of your device and ensure that you are using it in the most effective way possible
RIS Review
Exo is on a mission to make ultrasound more accessible, affordable, and portable. The company has raised $10 million in seed funding to bring its hand-held ultrasound device to market.
The Exo ultrasound is designed for use in primary care settings and is FDA cleared for 13 applications including abdominal, cardiac, and obstetric imaging. The device has a suggested retail price of $9,995 and will be available in the US later this year.
The Exo ultrasound is unique in its design and pricing, but it's not the only player in the hand-held ultrasound market. SonoSite, GE Healthcare, Philips Healthcare, and Siemens Healthineers all offer handheld ultrasounds that range in price from $5,000 to $20,000.
The hand-held ultrasound market is growing as demand increases for point-of-care diagnostic tools. This type of ultrasound can be used to quickly and easily diagnose a variety of conditions without the need for a traditional cart-based system.
With its competitive pricing and easy-to-use design, the Exo ultrasound has the potential to disrupt the hand-held ultrasound market.
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