BLADDER SCANNERS MARKET ANALYSIS
The global bladder scanners market was valued at US$ 134.1 Mn in 2021 and is forecast to reach a value of US$ 194.3 Mn by 2028 at a CAGR of 5.4% between 2022 and 2028. The global bladder scanners market is experiencing strong growth owing to the increasing prevalence of urology related disorders worldwide. Moreover, increasing usage of mobile portable ultrasound devices is expected to boost the growth of the market. However, factors such as product recalls and stringent regulatory reforms are expected to hamper growth of the market.
Figure 1. Global Bladder Scanners Market Share (%), by Region, 2021
Global Bladder Scanners Market Trends:
Growing prevalence of urological disorders is expected to propel growth of the global bladder scanners market. For instance, urological disorders are diseases of the kidneys and urinary tract, and with the increasing prevalence of urological disorders, the use of bladder scanners is also increasing.
Frequent approvals and launches of novel products are expected to drive growth of the global bladder scanners market. For instance, in March 2020, Butterfly Network received medical device licensing for its point-of-care ultrasound device. The Butterfly iQ is now available to Canadian healthcare practitioners and health systems.
Figure 2. Global Bladder Scanners Market Share (%), by Product, 2021
Bladder Scanners Market Report Snapshots
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