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Home » Healthcare » Ultrasound Gel Market Global Industry Trends & Forecast | 2030

Ultrasound Gel Market By Type (Sterile, Non-Sterile), By End-User (Hospitals and clinic, Specialized Cardiovascular Disease Treatment Centres, Ambulatory surgery centres), By Geography, Segment revenue estimation, Forecast, 2021-2030

Published On: Apr-2022   |   Base Year: 2021   |   No Of Pages: 135   |   Historical Data: 2015 - 2019   |   Formats: PDF   |   Report ID: 68428316

Report DescriptionTable of Contents

Industry Report and Statistics

The global ultrasound gel market will witness a robust CAGR of 9.23%, valued at $3.93 billion in 2021, expected to appreciate and reach $8.7 billion by 2030, confirms Strategic Market Research. World Health Organization (WHO) in 2018 stated that diagnostic ultrasound is used during pregnancy to diagnose problems related to fetal growth and other clinical complications such as any genetic condition.

ultrasound gel market overall share from 2020-2030

 

Key Drivers - Low Cost, Convenience, Used for Multiple Diagnoses

Factors such as the low cost of ultrasound gels, their convenience of use, and fewer side effects are projected to support ultrasound gel market share growth. The diagnoses of renal, gallbladder, cancer, and intestinal illnesses further fuel the industry's growth.

 

Restraints - The Cooling Effect, Limited Resources

The cooling effect of ultrasound gels and a lack of healthcare resources are expected to limit the overall industry growth.

 

Opportunities

The expansion in the number of ultrasound units in clinics and the easy availability of handheld ultrasound devices at low rates have boosted their acceptance rate in small clinics and hospitals, and hence the market is expected to develop significantly in the future.

 

Market Analysis Of Different Segments Covered in the Report

The market has been broadly segmented based on Type, End-user, and region.

Based on Type

  • Sterile

  • Non-Sterile

 

Based on End-User

  • Hospitals and clinic

  • Specialized Cardiovascular Disease Treatment Centres

  • Ambulatory surgery centers

 

Regional Coverage Analysis

Based on Region

  • North America

  • Europe

  • Asia-Pacific

  • Middle-East and Africa

  • Latin America

ultrasound gel market end-user included in the industry

 

Segments Analysis & Insights

By Type, Non-sterile ultrasound gel had the highest revenue share (71.0%). On the other hand, the sterile ultrasonic gel segment is predicted to increase at the fastest rate.

 

By End-User, the Hospital segment accounted for 53.5 percent of total revenue and was expected to rise sharply over the projection period. The need for ultrasound gels is predicted to rise as emergency room visits for illnesses like acute abdominal pain, chest discomfort, and vascular disorders, where ultrasound is the major diagnostic tool.

 

North America is projected to have the largest market due to favorable healthcare infrastructure, rising prevalence of chronic diseases, the scope for innovation, strong presence of major market players, better healthcare infrastructure, and fair reimbursement policies. Because of government initiatives, growing public awareness, government initiatives toward healthcare, and increased investment in the industry in India, Asia-Pacific is predicted to have ultrasound gel as the fastest-growing market.

 

Ultrasound Gel Market Report Coverage

Report Attribute

Details

Forecast Period

2021 - 2030

The market size value in 2021

USD 3.63 Billion

The revenue forecast in 2030

USD 8.7 Billion

Growth rate

CAGR of approximately 9.23%

The base year for estimation

2021

Unit

USD Billion, CAGR (2021 - 2030)

Segmentation

By Type, By End-user, By   Region

By Type

Sterile, Non-Sterile

By End-user

Hospitals and clinics, Specialized Cardiovascular Disease Treatment Centres, Ambulatory surgery centres

By Region

Asia Pacific, North America, Europe, LAMEA

Country Scope

U.S., Canada, France, Germany, U.K., China, Japan, India, South Korea, Mexico, Brazil, U.A.E. etc.

Company Usability Profiles

Parker Laboratories, OrthoCanada, Medline Industries, Dr Reddy's Lab, Cardinal Health Inc, Phyto Performance, DNP Enterprise, Sonogel Vertriebs GmbH., Nissha Medical Technologies., Unique International.

 

Ultrasound Gel Market Competitive Landscape Analysis

The global industry report contains a thorough competitive landscape analysis, which details the most significant competitors operating in the global market. The comparison is based on overall revenue generation, market initiatives, company overview, R&D investment, production analysis, value chain optimization, market share financials, company strengths and weaknesses, global presence, production capacity, production sites and facilities, market potential, and other variables.

  • Parker Laboratories

  • OrthoCanada

  • Medline Industries

  • Dr. Reddy's Lab

  • Cardinal Health Inc

  • Phyto Performance

  • DNP Enterprise

  • Sonogel Vertriebs GmbH.

  • Nissha Medical Technologies.

  • Unique International

global ultrasound gel market regional outlook from 2020-2030

 

Recent Developments

  • In May 2021, The American Institute of Ultrasound in Medicine released a statement in May 2021 about the use of polyethylene glycol (peg) in ultrasound contrast agents.

 

  • In March 2021, HR Pharmaceuticals announced the expansion of its EcoVue product range with the introduction of EcoVue HV Ultrasound Gel, a high-viscosity recipe that is 35% thicker than the original formula. In addition, users may select the ideal viscosity based on the technique with this service.

 

  • SonoClear, a new acoustic coupling fluid from a start-up, was registered for clinical studies in February 2021 to evaluate its performance and safety. This coupling fluid can replicate normal brain waves.

 

Various Devices that Key Market Leaders Develop

Product

Function

Key players

AQUASONIC CLEAR, SCAN

For diagnostic and therapeutic medical ultrasound procedures.

 

Parker Laboratories

 

Wavelength MP

therapeutic ultrasound, shockwave therapy, diagnostic imaging, and other external procedures

OrthoCanada

 

Scan Ultrasound Gel

not stain clothing, damage equipment, or irritate the skin.

Cardinal Health Inc

Safergel

Sterile ultrasound gel

Safersonic

EcoVue 

Gel with 99% naturally fermented ingredients,

Nissha Medical Technologies.

 

Frequently Asked Question About This Report

b: The global ultrasound gels market size was around $3.93 million in 2021 and is predicted to reach $4.29 million in 2022.

b: The Ultrasound Gel Market Forecast suggests that demand for ultrasound conductivity gels is likely to be driven by the United States, India, Australia, Germany, and Italy.

b: The blue gel provides frictionless film without air bubbles so that sound waves can penetrate the penetrate body easily.

b: Ultrasound examines the bodys internal organs, including the heart, liver, kidney, gall bladder, reproductive organs like the uterus and other chronic diseases using doppler ultrasound gel. The gel is available at ultrasound gel CVS Stores.

b: The global ultrasound gel market is expected to grow at a compound annual growth rate (CAGR) of 9.23% from 2021 to 2030 to reach USD 8.7 billion by 2030.

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Sources  https://www.aium.org/

                   https://hrpharma.com/

                   http://www.who.int/