Portable Ultrasound Bladder Scanner Market is Expected to be Flourished by An Increase in Geriatric

Author : Purvaja Jadhao | Published On : 25 Jan 2024

Portable ultrasound bladder scanners are medical devices used to assess bladder volume non-invasively. They help determine if a patient needs to empty their bladder or not. The devices utilize ultrasound waves to create images of the bladder and calculate its capacity. They are useful for patients who cannot communicate their need to use the bathroom, such as infants, elderly undergoing rehabilitation, or people with disabilities. Portable scanners provide fast, hygienic, and non-invasive bladder assessment anytime and anywhere. Their compact size allows use at bedsides and in ambulances.

The global Portable Ultrasound Bladder Scanner Market is estimated to be valued at US$ 163.82 Mn in 2023 and is expected to exhibit a CAGR of 9.8% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:

One of the key drivers for the growth of portable ultrasound bladder scanner market is an increase in geriatric population globally. As age increases, diseases related to urinary incontinence become more prevalent. According to the World Health Organization, the number of people aged 65 years and above is projected to reach 1.5 billion by 2050 from 703 million in 2019. Geriatric population is more prone to conditions requiring bladder scanning like urinary tract infections and incontinence. This is augmenting the demand for portable scanners that make it convenient to check bladder capacity anywhere. Another driver influencing market growth is the opportunities presented by emerging economies. Countries like India, China, and Brazil are witnessing rapid growth in their elderly demographics. However, healthcare infrastructure is still developing in these nations. Portable scanners help address this gap as their affordability and portability allows for wider access in resource-constrained settings.

Segment Analysis
The portable ultrasound bladder scanner market is dominated by the hospitals and diagnostic center segment. Hospitals and diagnostic centers account for over 45% of the overall market share owing to the high volume of ultrasound bladder scans conducted in these settings for diagnostic purposes. Portable ultrasound bladder scanners are widely used in hospitals and diagnostic centers for assessment of urinary retention, urinary incontinence, bladder capacity measurement and residual urine volume assessment.

PEST Analysis
Political: Governments in various countries are focused on improving access to healthcare through favorable reimbursement policies and funding for diagnostic equipment and services. This is promoting the adoption of portable ultrasound bladder scanners.
Economic: Growth in disposable income levels is enabling more people to avail private healthcare facilities where portable ultrasound bladder scanners see significant usage. Rising incidence of urological conditions is presenting new revenue opportunities.
Social: Aging population profiles and growing lifestyle diseases are leading to increased urinary problems. This is driving the demand for non-invasive diagnostic tools like portable ultrasound bladder scanners.
Technological: manufacturers are focusing on miniaturization and development of user-friendly interfaces to facilitate point-of-care usage. Integration of AI capabilities could enhance accuracy and workflow.

Key Takeaways
The Global Portable Ultrasound Bladder Scanner Market Demand is expected to witness high growth over the forecast period of 2024 to 2031 supported by an aging population, rise in urinary problems and increasing preference for non-invasive diagnostic techniques. The global Portable Ultrasound Bladder Scanner Market is estimated to be valued at US$ 163.82 Mn in 2023 and is expected to exhibit a CAGR of 9.8% over the forecast period 2024 to 2031.

Regional analysis
North America leads the global market with over 35% share due to supportive reimbursement policies and healthcare infrastructure. Asia Pacific is anticipated to be the fastest growing regional market propelled by improving access to healthcare and rising incidence of urological conditions accompanying economic development.

Key players operating in the portable ultrasound bladder scanner market are Verathon, DBMEDx, Caresono, Vitacon, Sonostar Technologies and LABORIE.

For more details on the report, Read- https://www.ukwebwire.com/portable-ultrasound-bladder-scanner-market-size-and-share/

Get more insights on this topic: https://techaxen.com/medicine-testing-services-in-the-us-ensuring-product-safety-and-compliance/