VALLEY COTTAGE, N.Y. – Portable ultrasound bladder scanners have been garnering prominence on back of inaccuracies in measuring residual urine volume via conventional catheterization methods. Conventional bladder catheterizations pose risk of urinary tract infections (UTIs), which further results in greater treatment expenses. This has paved way for cost-efficient and reliable portable ultrasound bladder scanners.
Influenced by favorable regulatory framework, market players are targeting new product launches for gaining competitiveness. For instance, the US Food and Drug Administration (FDA) has granted approval to BBS Revolution – an accurate, reliable, and non-invasive portable ultrasound bladder scanner.
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FMI, in its new market study, reveals that global portable ultrasound bladder scanner market is estimated to reach nearly ~US$ 110 Mn in 2019, and is projected to grow at a healthy rate over forecast period (2019-2029).
3D Portable Ultrasound Bladder Scanners Continue their Primacy
As per FMI, 3D portable ultrasound bladder scanners are expected to maintain their primacy over next decade, accounting for voluminous share. 3D portable ultrasound bladder scanners deliver fast, and non-invasive measurements of bladder volume and post-void urinary retention (PVR). They offer real-time pre-scan to enhance accuracy, and save time. Furthermore, inbuilt printers enable immediate documentation in the chart.
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Surging Application in Hospitals
Adoption of portable ultrasound bladder scanners in hospitals remains prominent, holding over 3/5th market share. FMI finds that portable ultrasound bladder scanners offer better cost-benefits during hospital stays as compared to postoperative catheterization. In addition, they are easy to operate. Catheterizations are invasive methods, as such, their adoption is steadily declining.
North America Leading the Way, APEJ Catches Up
The market of portable ultrasound bladder scanners in North America and Western Europe will remain most lucrative owing to efficient healthcare system and favorable reimbursement policies. In addition, both regions contribute about 60% of worldwide market revenues. In North America, stakeholders are banking on hospitals and diagnostic centers for greater revenues. On the other hand, Asia Pacific Exclusive Japan (APEJ) is reflecting worthwhile prospects owing to swelling demand for advanced devices from China and India.
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Analysts at FMI suggest that “Rapid technological developments in tandem with increased healthcare expenditure are set to propel portable ultrasound bladder scanners market in following years. Expanding e-Commerce ecosystem has influenced market players to eye online platforms for enhanced footprint. Furthermore, demand for portable ultrasound bladder scanners is expected to flourish in line with rising inclination towards non-invasive approaches.”
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