Portable Ultrasound Bladder Scanner Market

Portable Ultrasound Bladder Scanner Market Size (2023 to 2028)

The global portable ultrasound bladder scanner market is expected to be worth USD 128.5 million in 2023 and grow to USD 192.7 million by 2028, growing at a CAGR of 2.1% from 2023 to 2028.

Impact of COVID-19 on the portable ultrasound bladder scanner market:

The COVID-19 pandemic has significantly impacted the global portable ultrasound bladder scanner market. Portable ultrasound scanners are easy to handle and cheap. Due to strict restriction conditions, there was the unavailability of various diagnostic services at hospitals during the COVID-19 pandemic and the adoption of these devices has increased significantly. The COVID-19 pandemic accelerated the adoption of digital health services such as virtual consultation owing to the lockdown barrier to minimize human interaction. The portable ultrasound bladder scanner devices have been rapidly utilized for remote monitoring and consultation and the demand for these devices is continuously growing.

MARKET DRIVERS:

The growing prevalence of urological diseases majorly drives the growth of the portable ultrasound bladder scanner market. The prevalence of urological diseases is growing significantly. The cases of urological diseases have increased by 59.25% CAGR. The demand for accurate and efficient diagnostic tools to detect and monitor these conditions is also growing and fuelling the need for portable ultrasound urinary bladder scanner devices as these devices play a vital role in diagnosing various urological disorders.

The growing awareness of urological diseases among people fuels the growth rate of the portable ultrasound bladder scanner market. The awareness among people has significantly improved in recent days and resulted in the increased seeking of medical attention at an earlier stage of the disease. Early detection leads to treatment on an early basis and leads to better outcomes. The government and non-government organizations conduct various campaigns to promote awareness about urological diseases and the importance of regular check-ups.

The rapid adoption of technological advancements in the development of advanced portable ultrasound scanner devices further fuel the market’s growth rate. Technological advancements have significantly improved image quality and resolution and enhanced diagnostic accuracy. The market participants have used technological advancements to manufacture smaller, compact and lightweight and more advanced portable ultrasound devices that allow for easy transportation of devices between the healthcare sectors and enable point-of-care diagnostics.

Factors such as the growing number of R&D activities, rapid adoption of non-invasive, painless diagnostic procedures, improved ultrasound bladder scanner performance and enhanced patient comfort and protection of portable ultrasound bladder scanner devices further fuel the market’s growth rate.

MARKET RESTRAINTS:

The limited sensitivity and specificity of the ultrasound devices for the diagnosis that disrupts the urinary bladder can restrict end-users from using ultrasound imaging, hindering the market growth. Limited sensitivity and specificity can lead to misdiagnosis, resulting in inappropriate treatment and delays in the necessary intervention. High initial costs associated with portable ultrasound bladder scanner devices that are unaffordable to many smaller and medium healthcare facilities impede the market growth. Poor awareness about the benefits and capabilities of portable ultrasound bladder scanners among healthcare professionals and patients, stringent regulatory requirements and compliance standards, technical limitations, regular maintenance and potential technical issues further hamper the market growth.

REPORT COVERAGE:

This research report on the global portable ultrasound bladder scanner market has been segmented and sub-segmented based on the product, end-user and region.

Portable ultrasound bladder scanner Market – By Product Type:

• 3D
• 2D

Based on product type, the 3D segment is expected to account for the largest share of the global portable ultrasound bladder scanner market during the forecast period. 3D technology provides a more comprehensive and detailed view of the bladder and surrounding structure with enhanced visualization that allows healthcare professionals better to assess the bladder’s shape and anatomical features and help in the diagnosis of various conditions. It accurately measures bladder volume, which is crucial for assessing urinary retention and other bladder dysfunction. 3D products also assist in the treatment planning and monitoring of the effectiveness of the intervention. Considering the benefits associated with 3D products, their adoption is high in the market and is driving segmental growth.

The 2D segment is anticipated to hold a considerable share of the global market during the forecast period.

Portable ultrasound bladder scanner Market – By End-user:

• Hospitals
• Diagnostic Centers
• Clinics
• Ambulatory Surgical Centers

Based on end-user, the hospital segment led the market in 2022 and is anticipated to grow at the fastest CAGR during the forecast period. Hospitals are well-equipped to provide comprehensive medical care, including diagnostics and treatment. The portable ultrasound bladder scanner devices enable healthcare providers in hospitals to perform rapid and non-invasive bladder assessments in response to specific medical concerns. These devices are used in urology, gynecology and can be used across these specialties to diagnose and monitor urological conditions. The growing employment of portable ultrasound bladder scanner devices fuels segmental growth.

The diagnostic centers segment is another major segment among all and is anticipated to account for a substantial share of the worldwide market during the forecast period. Diagnostic centers provide specialized imaging and diagnostic services and prioritize more in the quality and accuracy of their imaging services.

Portable Ultrasound Bladder Scanner Market – By Region:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

North America dominated the portable ultrasound bladder scanner market in 2022. North America accounted for 48.5% of the global market share in 2028. The domination of North America in the worldwide market is anticipated to continue throughout the forecast period owing to the growing prevalence of urological bladder cancer. The risk of CKD is much higher among Americans with diabetes and high blood pressure, the most frequent reason for kidney diseases. The rising prevalence of diseases in the U.S. and technological advancements propel the growth of the North American market.

Europe is predicted to occupy a considerable share of the global market during the forecast period. Factors such as increasing healthcare expenditure, the availability of advanced healthcare infrastructure, a patient-centered approach, technological advancements and a greater focus on urological health contribute to the growth of the European market.

The Asia-Pacific region is expected to witness the highest CAGR among all regions worldwide during the forecast period. Factors such as the rapid adoption of technological advancements, an increasing number of healthcare facilities, and several small-scale domestic manufacturers in the countries such as China, Japan, and India drive the APAC market growth. APAC has a diverse population that results in a higher prevalence of urological conditions and bladder-related issues, which are further propelling the demand levels for portable ultrasound bladder scanner devices to fulfill the need for timely diagnosis, treatment, and monitoring of such conditions. Rapid urbanization and a sedentary lifestyle have led to a rise in the prevalence of chronic diseases, including urological diseases, contributing to the APAC market growth.

Latin America and the Middle East and Africa region are also anticipated to show steady growth in the global portable ultrasound bladder scanner market during the forecast period.

KEY MARKET PLAYERS:

Companies such as C. R. Bard, Inc., dBMEDx Inc., Verathon Inc., SRS Medical Systems Inc., Laborie Medical Technologies Inc., Echo Son SA, Signostics Inc., Sonostar Technologies Co., Limited, Caresono Technology Co., Ltd., and GE Healthcare Inc. are some of the notable companies in the global portable ultrasound bladder scanner market.

RECENT MARKET DEVELOPMENTS:

• In January 2023, Launched by Signostics was a portable bladder scanner. A portable device called the SignosRT Bladder Scanner uses ultrasound technology to determine bladder volume automatically and painlessly. The device aids healthcare professionals in determining which patients require a catheter.
• In May 2022, Clarius Mobile Health unveiled its third-generation series of high-performance wireless ultrasound scanners in the European Union and the United Kingdom. The new pocket-sized scanners that link with Apple and Android devices have revolutionary prices and new capabilities to put high-end handheld ultrasounds in more clinicians' hands. The scanner is 30% lighter and smaller.
• In September 2021, Otsuka Pharmaceutical Factory Inc.'s subsidiary Lilium Otsuka Co. Ltd introduced Lilium-SPOT2, a gadget for aiding urination time prediction, as a medical tool that enables users to assess how much urine is in their bladders quickly. By using ultrasonic waves to the location of the bladder, users can utilize a scale display to see how much pee has accumulated.