Portable Ultrasound Bladder Scanner Market

1
Global Portable Ultrasound Bladder Scanner Market
Is Estimated To Witness High Growth Owing To
Technological Advancements and Growing Aging
Population The global 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
2023-2030, as highlighted in a new report
published by Coherent Market Insights. A) Market
Overview Portable ultrasound bladder scanners
are non-invasive medical devices used for
diagnosing and managing urinary disorders. They
provide real-time imaging of the bladder and help
in measuring urine volume accurately. These
scanners are widely used in hospitals, clinics,
and ambulatory surgical centers. The increasing
prevalence of urological disorders, coupled with
a rise in the geriatric population, is driving
the demand for portable ultrasound bladder
scanners. These scanners offer several
advantages such as ease of use, portability, and
accurate diagnosis, which is bolstering their
adoption. B) Market Dynamics The global
portable ultrasound bladder scanner market is
driven by the following factors 1.
Technological Advancements The market is
witnessing significant technological
advancements in portable ultrasound bladder
scanners. The development of handheld devices
with wireless connectivity and improved image
quality is fueling the market growth. These
advancements enable healthcare professionals to
carry out efficient and accurate bladder scans,
thereby improving patient care. 2. Growing
Aging Population The increasing geriatric
population is highly prone to urological
disorders, such as urinary incontinence and
urinary tract infections. The rising elderly
population, coupled with the associated
healthcare burden, is boosting the demand for
portable ultrasound bladder scanners. These
scanners help in early detection and monitoring
of urinary disorders, thereby enabling timely
intervention and reducing complications. C) SWOT
Analysis Strengths 1. Accurate Diagnosis
Portable ultrasound bladder scanners provide
accurate measurement of bladder volume,
eliminating the need for invasive procedures. 2.
Portability These scanners are compact and
lightweight, allowing healthcare professionals to
use them conveniently, even in remote areas or
during emergencies. Weaknesses 1. High Cost
Portable ultrasound bladder scanners can be
expensive, which may limit their adoption in
low-income countries. 2. Limited Training
Healthcare professionals may require specialized
training to operate portable ultrasound bladder
scanners effectively. Opportunities
2
1. Increasing Adoption in Homecare Settings The
growing trend of home-based healthcare is
creating opportunities for the adoption of
portable bladder scanners in homecare settings.
2. Emerging Markets The demand for portable
ultrasound bladder scanners is increasing in
emerging markets due to the rising healthcare
expenditure and improving healthcare
infrastructure. Threats 1. Competition from
Alternative Technologies Portable ultrasound
bladder scanners face competition from
alternative technologies, such as catheter-based
bladder scanners and uroflowmetry devices. 2.
Stringent Regulatory Requirements The market is
subject to stringent regulatory requirements,
which may pose challenges for new entrants. D)
Key Takeaways 1. 2. The global portable
ultrasound bladder scanner market is expected to
witness high growth, exhibiting a CAGR of 6.3
over the forecast period, due to increasing
technological advancements and a growing aging
population. These factors are driving the demand
for portable ultrasound bladder scanners, as they
offer accurate diagnosis and enable effective
management of urological disorders. 3. In terms
of regional analysis, North America is expected
to dominate the portable ultrasound bladder
scanner market, followed by Europe. The high
adoption of advanced healthcare technologies,
favorable reimbursement policies, and the
presence of key market players in these regions
contribute to their market dominance. However,
the market in the Asia-Pacific region is
expected to witness the highest growth rate
during the forecast period. The increasing
healthcare expenditure, rising prevalence of
urological disorders, and improving healthcare
infrastructure in countries like India and China
are driving the market growth in this region.
4. Key players operating in the global portable
ultrasound bladder scanner market include 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, 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., Samsung Healthcare, and GE
Healthcare Inc. These key players are focusing on
product innovation and strategic collaborations
to strengthen their market position and gain a
competitive edge. In conclusion, the global
portable ultrasound bladder scanner market is
poised for significant growth in the coming
years. Technological advancements and a growing
aging population are the key drivers
contributing to this market growth. However,
challenges such as high costs and regulatory
requirements need to be addressed to ensure
widespread adoption of portable ultrasound
bladder scanners.