Ultrasound Bladder Scanner Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029

Ultrasound bladder scanners market to exhibit productive growth during the forecast period

The global ultrasound bladder scanners market is growing fruitfully, valued at 122.4 Mn in 2020 and expected to reach US$ 244.4 Mn by 2029. Worldwide increasing urological disorders (urinary tract infections, urinary incontinence, and voiding dysfunction) along with utilization of advanced handheld or portable devices will drive the overall market growth. New technological advancements in the field of mobile technology, improvement in clinical governance and healthcare infrastructure will further spur revenue growth. New product launches in 3D portable segment, collaboration with small scale medical technology companies and expansion in developing nations are few factors driving the overall growth of the market.

Portable devices expected to register higher growth during the forecast period

Adoption of 3D ultrasound bladder scanners is in demand due to its higher visualization quality, integrated algorithms, and mobile technology (Wi-Fi, Bluetooth connectivity). Newly manufactured products are also utilized in various applications including emergency care, pediatrics, maternity, rehabilitation, oncology, and home care. The portable devices allow fast and consistent data management and interoperability with electronic health record systems. 3D devices holds maximum market share in the portable segment due to its ease with enhanced technology.

Increasing adoption of portable devices in the hospital segment to witness a significant CAGR

Urological disorders are significant variables expected for the growth & development of the ultrasound bladder scanners market. Increasing procedures for urology, obstetrics-gynecology, surgery, rehabilitation, and others in the hospitals segment generated a significant market share in the present time. Growing demand for 3D products for various applications will spur revenue growth during the forecast period. Increasing adoption of new handheld devices with noninvasive measurements of bladder volume along with integrated software tools for higher optimization and safety is driving the market growth in the end user segment.

Increasing population, new product approvals with enhanced technology holds the U.S. in dominant position

In 2020, North America generated maximum revenue in the global ultrasound bladder scanners market attributed to the rising prevalence of urological disorders, increasing diagnostic procedures and increasing utilization of mobile portable ultrasound devices in clinics and hospitals. Portable ultrasound scanners deliver great results in real-time and reduces the need for catheterization in patients. The top medical device manufacturers are constrained to lower the overall costs of ultrasound bladder scanners for increasing penetration in the developing nations worldwide. However, in moderate monetary nations such as India, Brazil, South Africa, and others, the availability of advanced ultrasound models along with diagnostic services is limited. Shortage of skilled professionals, high cost of devices (avg. cost US$ 5,000 - 7,000), and unstructured reimbursement scenario are few factors restraining the growth of the market.

Dominance of multinational manufacturers with strong product portfolio in the developed regions

Major players in the ultrasound bladder scanners market are GE Healthcare Inc., Patricia Industries (LABORIE), Caresono , Roper Technologies, Inc., C. R. Bard, Inc., SRS Medical Systems, Inc., Mcube Technology Co., Ltd., Verathon Inc., Medline Industries, Inc., Vitacon, Mianyang Meike Electronic, dBMEDx, Inc., Meda Co., Ltd., ECHO-SON, Signostics, Inc. and others. Topmost companies are executing growth strategies along with new technology advancement in ultrasound bladder scanners models, new product launch, and partnerships with medical technology companies. For example, in May 2019, Signostics received U.S. FDA approval for Uscan™, world’s first smart mobile-connected ultrasound visualization device for urology care.

The current report also comprehends qualitative and qualitative market valuation factors such as key market drivers, market trends, restraints and opportunities that gives a better market understanding of the overall ultrasound bladder scanners market. Additionally, the global report also comprises graphical representation of competitive landscape based on their market initiatives and strategies, product portfolio and business strengths.

Key questions answered in this report

• What are the current market trends and dynamics in the ultrasound bladder scanners market and valuable opportunities for emerging players?
• Market positioning of major key players operating in the market?
• What is the impact of high cost in the ultrasound bladder scanners market?
• What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America and Middle East & Africa?

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