Global Ultrasound Gels Market Regional Analysis
North America is expected to hold the highest market share in the global ultrasound gel market over the forecast period. Increasing presence of key players and product launches is driving the growth of the ultrasound gel market in this region. For instance, in 2018, EcoVue ultrasound gel was introduced by HR Pharmaceuticals, Inc. The EcoVue ultrasound gel is made from naturally fermented ingredients and it is free from paraben and propylene glycol that are used in many gels. Moreover, the product complies with California Prop 65 regulations and is biodegradable. The gel is also easy to hold due to its lightweight, and requires less energy to manufacture and transport.
Europe is expected to witness significant growth during the forecast period due to increasing prevalence of cancer. For instance, according to National Center for Biotechnology Information (NCBI), in 2018, in Europe, 3.91 million new cases of cancer were reported. According to the same source, the most common types of cancer were breast, colorectal, lung, and prostate cancer.
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