PORTABLE ULTRASOUND BLADDER SCANNER MARKET ANALYSIS

Portable Ultrasound Bladder Scanner MarketSize and Trends

Global portable ultrasound bladder scanner market is estimated to be valued at US$ 142.2 Mn in 2023 and is expected to exhibit a CAGR of 6.3%  during the forecast period (2023-2030).

Figure 1. Global Portable Ultrasound Bladder Scanner Market Share (%), By Product Type, 2023

Global Portable Ultrasound Bladder Scanner Market – Driver

Rising Prevalence Of Urological Diseases

Rising prevalence of urological diseases is expected to drive the global portable ultrasound bladder scanner market growth over the forecast period. The factors that are driving the market growth are the rising urological diseases, technological advancements, and growing adoption of non-invasive diagnostic procedures. For instance, according to an article published by the National Cancer Institute (NCI) in December 2022, 81.1 thousand new cases of bladder cancer were recorded with 61.7 thousand cases in men and 19.4 thousand cases in women in Year of 2021 in the U.S.

Increasing awareness of urological disease

The virtue of portability is driving up demand for bladder scanners. Additionally, increased urological disease awareness is driving up demand for portable ultrasound bladder scanning operations. The global market for portable ultrasound bladder scanners is anticipated to grow as demand for non-invasive, painless procedures rises. For instance, in September 2021, European Association of Urology (EAU) runs a campaign named “Urology Week” that aims at educating people about urological diseases .

Figure 2. Global Portable Ultrasound Bladder Scanner Market Value (US$ Million), By Region, 2023

Global Portable Ultrasound Bladder Scanner Market- Regional Analysis

Among region, North America is estimated to hold a dominant position in the global portable ultrasound bladder scanner market over the forecast period. North America is estimated to hold 44.3% of the market share in 2030. Rising prevalence of urological bladder cancer boosts demand for the portable ultrasound bladder scanner. For instance, in September 2021, U.S. Department of Health & Human Services is  branch of the U.S. federal government, Stated that chronic kidney disease (CKD) affects nearly one-seventh of all adults in the U.S. (i.e., 37 million people). The risk of CKD is much higher for Americans with diabetes or high blood pressure, the two most frequent causes of kidney disease. Kidney disease affects nearly one-third of diabetics and one-fifth of those with high blood pressure.