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| Portable Ultrasound Bladder Scanner Market |
The portable ultrasound bladder scanner market is estimated to be valued at US$ 142.2 Mn in 2023 and is expected to exhibit a CAGR of 6.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Portable ultrasound bladder scanners are medical devices used to scan and
analyze the size, shape and position of the bladder non-invasively. They
generate real-time images of the bladder and estimate bladder volume by
ultrasound technology. These scanners allow doctors to determine the fullness
of the bladder without inserting a catheter. They are highly useful for
patients with urinary problems or prior to surgeries related to urological
conditions.
Market Dynamics:
The growth of the portable ultrasound bladder scanner market is driven by the
rising prevalence of urological diseases worldwide. According to the National
Kidney Foundation, over 661,000 Americans have end stage renal disease. Urinary
incontinence affects nearly 25 million Americans and over 200 million people
globally. Portable ultrasound bladder scanners are increasingly being used for
urodynamic testing and monitoring of patients with urinary incontinence and
other lower urinary tract symptoms. Furthermore, growing geriatric population
who are more prone to urological disorders will also augment the demand for
portable ultrasound bladder scanners over the forecast period. Technological
advancements leading to development of miniaturized and more accurate devices
will further support the market growth through 2030.
SWOT Analysis
Strength: Portable ultrasound bladder scanners offer non-invasive and radiation
free solutions to detect bladder volume. They provide instant results and are
easy to use. Their compact size allows for point-of-care usage.
Weakness: Portable ultrasound bladder scanners require skilled technicians to
get accurate readings. Maintaining hygiene standards can also be challenging
during use on multiple patients.
Opportunity: Rising geriatric population vulnerable to urological issues will
drive demand. Growing awareness about benefits of non-invasive diagnostics as
compared to conventional techniques present opportunities.
Threats: Strict regulatory approvals and quality standards set by regulatory bodies
increase pressure on manufacturers. Stiff competition and pricing wars among
existing players can impact revenue growth.
Key Takeaways:
The global Portable
Ultrasound Bladder Scanner Market Share is expected to witness high
growth, exhibiting a CAGR of 6.3%
over the forecast period, due to increasing prevalence of urological disorders
among geriatric population. Rising awareness about advantages of non-invasive
diagnostic techniques as compared to conventional options is further propelling
market expansion.
Regional analysis: North America dominates the global portable ultrasound
bladder scanner market and is estimated to continue its dominance owing to
rising healthcare expenditures and high adoption rates of novel diagnostic
tools. The Asia Pacific region is poised to exhibit fastest growth due to
increasing disposable incomes, growing medical tourism industry and raising
awareness levels regarding bladder health.
Key players
Key players operating in the portable ultrasound bladder scanner market are C.
R. Bard, Inc. (Becton, Dickinson and Company), dBMEDx Inc., Healcerion Co.,
Ltd., Verathon Inc., SRS Medical Systems Inc., Laborie Medical Technologies
Inc., Lilium Otsuka Co. Ltd, Â Echo Son SA, Signostics Inc., Sonostar
Technologies Co., Limited, Caresono Technology Co., Ltd., EchoNous, Roper
Technologies, Inc., canon medical systems corporation, Koninklijke Philips
N.V., Siemens Healthcare GmbH, Shenzhen Mindray Bio-Medical Electronics Co.,
Ltd., alpinion medical systems co., Â Samsung healthcare and GE Healthcare Inc.
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