Market Outlook:
Bladder Scanner Market size exceeded USD 158.28 Million in 2023 and is estimated to cross USD 301.28 Million by 2035, growing at over 7.26% CAGR during 2024 to 2035.
Base Year Value (2023)
USD 158.28 Million
CAGR (2024-2035)
7.26%
Forecast Year Value (2035)
USD 301.28 Million
Historical Data Period
2019-2022
Largest Region
North America
Forecast Period
2024-2035
Get more details on this report -
Market Dynamics:
Growth Drivers & Opportunities
The bladder scanner market is expected to witness significant growth in the coming years due to various factors driving the market. One of the major growth drivers for this market is the increasing prevalence of urological disorders and urinary incontinence. According to the National Institute of Diabetes and Digestive and Kidney Diseases, around 25 million American adults experience urinary incontinence. This number is expected to increase in the coming years, which will drive the demand for bladder scanners.
In addition, the growing geriatric population is also expected to contribute to the growth of the bladder scanner market. The elderly population is at a higher risk of developing urological disorders, which will create a higher demand for bladder scanners in healthcare facilities and elderly care centers.
Furthermore, technological advancements in bladder scanning devices, such as the development of portable and handheld devices, are also expected to drive market growth. These devices offer convenience and ease of use for healthcare professionals, leading to increased adoption.
Report Coverage | Details |
---|---|
Segments Covered | By Product, Application, End User |
Regions Covered | • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA) |
Company Profiled | Verathon Inc, SIGNOSTICS Inc, Laborie Medical Technologies Inc, DBMEDX Inc, MCUBE Technologies Pvt., CARESENO Technology Co., Vetter Pharma-Fertigung & Co.KG. |
Industry Restraints & Challenges
While the bladder scanner market is expected to witness growth, there are also some restraints and challenges that may hinder market growth. One of the major challenges for this market is the lack of skilled professionals to operate bladder scanning devices. Healthcare facilities may face challenges in training their staff to effectively use these devices, which could impact market growth.
In addition, the high cost of bladder scanning devices can also act as a restraint for market growth. Healthcare facilities, especially in developing regions, may find it challenging to afford these devices, which could hinder market growth in these regions.
Furthermore, the lack of awareness about bladder scanning devices and their benefits among healthcare professionals and patients may also limit market growth. Educating healthcare professionals and patients about the importance of bladder scanning and its role in the early diagnosis of urological disorders will be crucial for market growth.
Report Coverage & Deliverables
Historical Statistics
Growth Forecasts
Latest Trends & Innovations
Market Segmentation
Regional Opportunities
Competitive Landscape
Regional Forecast:
North America
North America is expected to dominate the bladder scanner market due to the increasing prevalence of urological disorders and urinary incontinence in the region. The presence of well-established healthcare infrastructure and the high adoption rate of advanced medical technologies will further contribute to market growth in this region. In addition, favorable reimbursement policies for medical devices in the region will also drive market growth.
Asia Pacific
The bladder scanner market in the Asia Pacific region is expected to witness significant growth due to the increasing healthcare expenditure, improving healthcare infrastructure, and the growing geriatric population in countries such as China, India, and Japan. Furthermore, the increasing awareness about urological disorders and the importance of early diagnosis will also contribute to market growth in the region.
Europe
Europe is expected to be a prominent market for bladder scanners due to the high prevalence of urological disorders, the presence of advanced healthcare facilities, and the presence of key market players in the region. The increasing adoption of handheld and portable bladder scanning devices in European countries will further drive market growth in this region.
In conclusion, the bladder scanner market is expected to witness significant growth in the coming years due to the increasing prevalence of urological disorders, technological advancements in bladder scanning devices, and the growing geriatric population. However, challenges such as the lack of skilled professionals and the high cost of bladder scanning devices may hinder market growth. North America, Asia Pacific, and Europe are expected to be the key regions driving market growth for bladder scanners.
Get more details on this report -
Segmentation Analysis:
Clinical Application: Urology
The urology sub-segment within the clinical application segment of the bladder scanner market encompasses the use of bladder scanners in the diagnosis and management of urological conditions such as urinary incontinence, urinary tract infections, bladder cancer, and benign prostatic hyperplasia. Bladder scanners are widely used in urology departments of hospitals and clinics to accurately measure bladder volume and assess urinary retention, which is essential for the treatment of urological conditions. The urology sub-segment is expected to witness significant growth in the bladder scanner market due to the increasing prevalence of urological disorders and the growing adoption of non-invasive diagnostic technologies in urology.
End User: Hospitals
Hospitals are a key end user sub-segment within the bladder scanner market, representing healthcare facilities that provide a wide range of medical services, including inpatient and outpatient care. Bladder scanners are extensively used in hospitals for the management of urinary retention, monitoring postoperative urinary volumes, and assessing bladder function in patients with neurogenic bladder or other urological disorders. As hospitals are the primary settings for various urological procedures and treatments, the demand for bladder scanners in hospital settings is expected to drive the growth of the market. Additionally, the rising number of hospital admissions and surgical procedures globally is further contributing to the increasing uptake of bladder scanners in hospital environments.
Get more details on this report -
Competitive Landscape:
The bladder scanner market is characterized by the presence of several prominent players, along with numerous small and medium-sized companies that are actively involved in the development and distribution of bladder scanning devices. Some of the leading market players in the bladder scanner market include Verathon Inc., Signostics Ltd., C. R. Bard, Inc. (now part of Becton, Dickinson and Company), Vitacon, Labtron, MCube Technology Co., Ltd., and MEDA Co., Ltd. These companies are focused on product innovation, strategic partnerships, and geographical expansion to strengthen their market position and gain a competitive edge.
Verathon Inc., for instance, offers the BladderScan Prime Plus, a portable bladder scanner with advanced 3D ultrasound technology for accurate and non-invasive bladder volume measurement. The company’s commitment to continuous innovation and product development has been instrumental in driving its competitive advantage in the bladder scanner market. Signostics Ltd. is another key player that specializes in handheld bladder scanners, providing healthcare professionals with reliable and user-friendly devices for point-of-care bladder volume measurement. These market players are actively involved in R&D activities and collaborations with healthcare institutions to enhance their product portfolios and expand their market presence.
The competitive landscape of the bladder scanner market is characterized by the presence of both established companies with a strong global footprint and emerging players with innovative solutions for bladder volume measurement. The market players are focusing on technological advancements, product differentiation, and distribution network expansion to gain a competitive advantage in the increasingly competitive bladder scanner market. The strategic initiatives and competitive strategies adopted by these companies are expected to contribute to the overall growth and development of the bladder scanner market in the coming years.