BLADDER SCANNERS MARKET ANALYSIS

Market Challenges And Opportunities

However, factors such as product recalls and stringent regulatory reforms are expected to hamper growth of the market.

Global Bladder Scanners Market Drivers:

Increasing prevalence of chronic disease (such as diabetes, kidney disease, and hypertension) across the globe is expected to augment growth of the global bladder scanners market over the forecast period. For both men and women, bladder scanners help kidney disease, detect fluid collection, kidney or urinary tract infection, tumors, cysts, obstructions like kidney stones, and more. Kidney diseases are one of the most common diseases worldwide. According to the American Society of Nephrology, more than 850 million people across the globe have some form of kidney disease.

Technological advancements in bladder scanners are expected to boost the growth of the global bladder scanners market over the forecast period. For instance, in February 2019, EchoNous, an American company that develops medical tools for bladder and kidney care, announced the launch of EchoNous Bladder, an electronic, non-mechanical bladder-scanner with AI (artificial intelligence) algorithm to help nurses quickly determine bladder volume of patients. EchoNous claimed that the tool will also be helpful in treating pregnant and postpartum patients.

• Stringent regulatory reforms
• Product recalls

Global Bladder Scanners Market Opportunities:

Increasing demand for bladder scanners across the globe is expected to offer lucrative growth opportunities for players in the global bladder scanners market. For instance, in October 2021, RSIP Vision announced the launch of panoramic image generator and 3D sparse reconstruction tool for bladder imagery. The tool automatically performs stitching of cystoscopy images of the bladder to create a large panoramic image. The sparse reconstruction verifies that no areas of the bladder go unscreened and suspicious areas can be revisited.

Rising preference for portable bladder scanner or increasing use of mobile portable ultrasound devices is expected to provide significant growth opportunities for players in the global bladder scanners market. For instance, portable ultrasound bladder scanner is a transportable ultrasound medical device that is used to digitally measure bladder volume. For instance, in November 2019: Healcerion, Inc. exhibited its SONON range of wireless handheld ultrasound scanners at the MEDICA 2019 International Trade Fair in Düsseldorf, Germany.

Global Bladder Scanners Market Restraints:

Stringent regulatory reforms are expected to hamper the growth of the global bladder scanners market. Medical devices or diagnostic imaging devices/tools are subject to strict regulatory and approval processes to enter the market and to be used by operators and patients. In the United States, Most Class I devices are exempt from Premarket Notification 510(k); Class II devices require Premarket Notification 510(k), and Class III devices require Premarket Approval.

Product recalls are also expected to hinder growth of the global bladder scanners market. A product recall is a request to return to the maker, a batch or entire production run of a product, usually over safety concerns or design defects or labelling errors. In March 2020, the Butterfly iQ Ultrasound System Auto Bladder Volume Tool of Butterfly Network, Inc. has been recalled from the market as it has been distributed without an approved 510(k).