Global Ultrasound Gels Market, By Product Type (Sterile, Non-Sterile), End User (Hospitals, Clinics, Diagnostic Centers, Ambulatory Surgical Center, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
The ultrasound gels market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 7.80 billion by 2028 and will grow at a CAGR of 9.23% in the above mentioned forecast period.
Ultrasound gels are the type of conductive medium which acts as a coupling agent and therefore helps in forming tight bond between the skin and the probe. This gel also helps ultrasound waves to convey straight to the tissues and other parts where imaging is required.
The ultrasound is a real-time imaging which is less expensive, easy to use and less harmful than other imaging methods which is amongst the important factor expected to intensify the growth and demand of ultrasound gels market. In addition, the rise in awareness towards screening for breast cancer and increase in target population are also contributing to the growth in the global market over the forecast period of 2021 to 2028. Also the rise in the procedural volume of ultrasound across the globe is also likely to enhance the growth of the market. Furthermore, the rise in point of care diagnostic and monitoring and rapid technological advancements in ultrasound gels is also one of the significant factors expected to fuel the growth of the ultrasound gels market.
The increase in the number of ultrasound units in clinics and easy availability of handheld ultrasound devices at reasonable prices has encouraged their adoption rate in small-sized clinics and hospitals thus are anticipated to offer significant growth opportunities for the market in the forecast period of 2021 to 2028.
However, the cooling effect of ultrasound gels along with inadequate healthcare resources are expected to curb the growth of the ultrasound gels market, whereas the presence of surgical lube as a substitute to ultrasound gel can challenge the growth of the ultrasound gels market.
This ultrasound gels market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the ultrasound gels market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Ultrasound Gels Market Scope and Market Size
The ultrasound gels market is segmented on the basis of type and end user. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
On the basis of type, the ultrasound gels market is segmented into sterile and non-sterile.
The end user segment of ultrasound gels market is segmented into hospitals, clinics, diagnostic centers, ambulatory surgical center and others.
Ultrasound Gels Market Country Level Analysis
The ultrasound gels market is analyzed and market size insights and trends are provided by country, type and end user as referenced above.
The countries covered in the ultrasound gels market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region leads the ultrasound gels market owing to the strong presence of major market players, highly developed healthcare infrastructure and favorable reimbursement policies. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the large unmet needs, developing healthcare facilities and the strong presence of various small-scale domestic manufacturers.
The country section of the ultrasound gels market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The ultrasound gels market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for ultrasound gels market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the ultrasound gels market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Ultrasound Gels Market Share Analysis
The ultrasound gels market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to ultrasound gels market.
The major players covered in the ultrasound gels market report are Parker Laboratories, Inc., Medline Industries, Inc., The X-Ray Shoppe, Unique International, Besmed Health Business Corp, Nissha Medical Technologies, Saify Traders, Compass Health Brands, Eco-Med Pharmaceutical Inc., National Therapy Products Inc., HR Pharmaceuticals Inc., Sonomed Paper, NEXT Medical Products Company, Performance Health, Jorgensen Labs, Whitehall Manufacturing, EcoVue, CHHENNA CORPORATION, Dashmesh Sonail Healthcare Private Limited and VKAN Healthcare among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.