Wilmington, Delaware, United States, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - High incidence of urinary tract infection due to urinary catheterization is bolstering the demand for portable bladder ultrasound in hospitalized patients.
Increase in utilization of portable ultrasound scanners for the measurement of post-void residual volume in patients is anticipated to create significant business opportunities for companies in the bladder scanners market.
Bladder scanners have proven to be effective in preventing postoperative urinary retention in patients who undergo surgeries. The global bladder scanners market was valued at US$ 133 Mn in 2021 and is projected to expand at a CAGR of 5.5% from 2022 to 2031.
Key Findings of Study
Increase in Utilization of Portable Ultrasound Bladder Scanners in Elderly to Manage Urinary Incontinence
Rise in usage of non-invasive bladder scanning methods for the elderly is anticipated to bolster the market. Rapid rate of adoption of portable ultrasound bladder scanners to assess urinary retention in elderly patients is anticipated to create significant business opportunities for companies in the market. Significant focus on improving the quality of life of elderly patients is likely to spur demand for bladder scanners in the diagnosis of urinary incontinence problems.
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Market Snapshot:
| Report Coverage | Details | |
| Market Revenue | US$ 133 Mn | |
| Estimated Value | US$ 225 Mn | |
| Growth Rate - CAGR | 5.5% | |
| Forecast Period | 2023-2031 | |
| No. of Pages | 170 Pages | |
| Market Segmentation | By Product, By Application, By End-user | |
| Regions Covered | North America, Europe, Asia Pacific, Middle East & Africa, South America | |
| Companies Covered | Becton Dickinson and Company, dBMEDx Inc., Vitacon, Laborie Medical Technologies Inc., GE Healthcare Inc., EchoNous, Inc, SRS Medical Systems, Roper Technologies, Inc. | |
Significant Usage of Bladder Scanners in Patients with Urinary Dysfunction
Increase in prevalence of a range of urologic diseases, such as urinary tract infections, kidney stones, and prostate problems, is projected to drive the usage of bladder scanners among patients. High rate of adoption of portable scanners in hospital settings is anticipated to augment market development.
Based on product, the portable bladder scanners segment accounted for the leading market share in 2021. Surge in incidence of lower urinary tract dysfunction after surgeries for diseases, such as stroke and neurological disorders, is anticipated to bolster the segment.
High prevalence of urinary tract infection in hospitalized patients is anticipated to fuel the adoption of portable scanners, as their usage helps reduce hospital stay and lower the incidence of infections. On the other hand, the handheld bladder segment is anticipated to expand at a rapid pace in the near future. Preference for handheld bladders can be ascribed to ease of handling and accuracy of results.
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Key Growth Drivers of Bladder Scanners Market
- Rapid increase in the population aged 60 years and over presents significant opportunities for companies in the bladder scanners market. As per a WHO factsheet on aging and health, 1 in 6 people across the globe will be aged 60 years or older by 2030, and by 2050, this number will reach 2.1 billion.
- Increase in incidence of urological dysfunction in hospitalized patients is a key factor anticipated to augment market size in the next few years. Increase in incidence of stress urinary incontinence, hyperplasia, and prostatitis is expected to fuel market growth.
Regional Landscape
North America accounted for the leading market share in 2021. The trend is expected to continue during the forecast period. Presence of several prominent global medtech companies in the U.S. and Canada is expected to augment market value. Continuous development of advanced devices is anticipated to propel market growth in the region.
The market in Asia Pacific is projected to grow at a rapid pace during the forecast period. China is a highly lucrative market in the region. Rise in demand for non-invasive bladder scanning technology/method is anticipated to boost the market in the region in the near future. High rate of adoption of low-priced diagnostic devices for urological dysfunction in developing countries is a key market trend in Asia Pacific.
Competition Landscape
The business landscape is highly fragmented, with the presence of several key players in the bladder scanners market. Leading players are focusing on product portfolio expansion to increase market share. Prominent companies operating in the market are:
- Becton Dickinson and Company
- Vitacon
- Laborie Medical Technologies Inc.
- GE Healthcare Inc.
- EchoNous, Inc.
- SRS Medical Systems
- Roper Technologies, Inc.
- dBMEDx Inc.
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Segmentation
The bladder scanners market is segmented based on
Product
- Bench Top Bladder Scanners
- Portable Bladder Scanners
- Handheld Bladder Scanners
Application
- Urology
- Obstetrics- Gynecology
- Rehabilitation
- Surgery
- Others
End-user
- Hospitals & Clinics
- Diagnostic Centers
- Ambulatory Surgical Centers
- Others
Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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