Ultrasound Probe Covers Market Trends, Players, Size by 2030

Ultrasound Probe Covers Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis By Type (Disposable and Reusable), Material (Latex and Latex free), Application (Endo Cavity and External Cavity), End User (Hospitals, Ambulatory Surgical Centers, Clinics, and Diagnostic Centers), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)

  • Report Code : TIPRE00038978
  • Category : Medical Device
  • No. of Pages : 150
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Ultrasound Probe Covers Market SWOT Analysis by 2031

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[Research Report] The ultrasound probe covers market size, projected to grow from US$ 204.19 million in 2022 to US$ 379.81 million by 2031; the market is estimated to record a CAGR of 6.07% during 2022–2031.

Analyst Perspective:

A medical ultrasound probe cover is a device that protects the patient from infection during an ultrasound scan. It protects against impurities and prevents bacteria and other pathogens from entering or escaping through open injuries. With the added focus on infection control, including the control and prevention of hospital-acquired infections, the importance of ultrasound scanning has increased manifold. It is expected to continue growing during the watering period. The increase in the prevalence rate of similar anomalies requiring ultrasound imaging is one of the important factors expected to fuel the growth and demand for ultrasound probes covering the market situation. In addition, the increase in the prevalence of hospital-acquired infections and the increase in the incidence of urinary tract infections, cardiovascular diseases, and cancer are also expected to contribute to the growth of the global ultrasound probe covers market.

The rapid technological advances in healthcare and the increase in the elderly population are also expected to increase the growth of the market situation. Likewise, a rapid increase in standalone ultrasound procedures and population growth are among the significant factors expected to boost the ultrasound probe covers market growth.

Market Overview:

The availability of individual data has helped reduce overall healthcare costs by replacing more valuable individual examinations. This has led to various ultrasound imaging techniques, including ultrasound examination methods to prevent infections. The last decade has seen significant changes in the medical bias field and technological advances in ultrasound imaging. The advancing technologies in ultrasound imaging and examination and, more recently, the increasing use of ultrasound imaging in numerous modalities will also lead to the increased use of ultrasound examination drapes to control implicit infections through ultrasound examinations. Additionally, infrastructural developments in healthcare facilities, increasing healthcare expenditures, and the low-cost manufacturing advantage of emerging Asia Pacific economies are expected to encourage market participants to invest in this region in the coming years.

Drivers and Restraints:

The increasing incidence of hospital-acquired infections is estimated to boost the market’s growth during the forecast period. For example, data released by the Center for Infectious Disease Research and Policy in 2021 found that hospital-acquired infections in the United States increased by 47%, which could increase the risk of hospital-acquired infections such as hepatitis B in humans and papillomavirus and other bacterial infections. This increase in the prevalence of hospital-acquired infections led to the introduction of highly effective ultrasound probe disinfection systems. To address this situation, the Centers for Disease Control and Prevention (CDC) and the American Institute of Ultrasound in Medicine (AIUM) have issued ultrasound-specific guidelines stating that probe covers should be used to reduce the risk of infection.

Furthermore, growing consumer demand for latex-free probes and increasing disposable income in developing countries are the major factors driving the ultrasound probe covers market development of this ultrasound probe. By reducing the risk of infection and the spreading of pathogens, ultrasound probe covers help prevent cross-contamination between patients and ensure their safety. High-frequency sound waves, which are created when a voltage or current flows through an electrical conductor such as a metal wire into a gas medium such as air or water, are used by ultrasonic transducers. This phenomenon can produce images inside living bodies without harmful radiation during medical operations. Electricity is converted into acoustic energy. They work in the electromagnetic range, which is completely safe.

The work of sonographers carries several inherent risks, including misdiagnosis and misuse of ultrasound equipment and the risks associated with performing intimate examinations. There is a substantial scarcity of healthcare professionals worldwide, including sonographers. This directly impacts the operation of ultrasound machines and examinations, including adherence to proper disinfection protocol. According to the Joint Commission survey, hospital-acquired infections caused by blood-borne pathogens or bacterial pathogens in patients are increasing because healthcare providers lack knowledge about tube reprocessing and infection control. Failure to follow evidence-based guidelines and manufacturer instructions for use (IFU) has increased the risk of infections and outbreaks. Therefore, a lack of knowledge about infection control and a shortage of skilled workers is expected to restrain the market growth of ultrasound probes. In contrast, limited availability may threaten the growth of the ultrasound probe covers market.

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Ultrasound Probe Covers Market: Strategic Insights

ultrasound-probe-covers-market
Market Size Value inUS$ 204.19 million in 2022
Market Size Value byUS$ 379.81 million by 2030
Growth rateCAGR of 6.07% from 2022 to 2030
Forecast Period2022-2030
Base Year2022
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Report Segmentation and Scope:

The “ultrasound probe covers market” is categorized based on type, material, application, and end user. Based on type, the market is segmented into disposable and reusable. In terms of material, the market is divided into latex and latex-free. By application, the ultrasound probe covers market is segmented into endo cavity and external cavity. Based on end users, the market is segmented into hospitals, ambulatory surgical centers, clinics, and diagnostic centers.

Segmental Analysis:

By type, the ultrasound probe covers market and is segmented into disposable and reusable. The disposable segment held a larger market share in 2022 and is predicted to register a higher CAGR during 2022–2031. A growing number of ultrasound procedures are owing to a high incidence of urinary tract infections, cardiovascular diseases, and cancer. These factors are expected to contribute to the segment growth.

Based on material, the ultrasound probe covers market and is categorized into latex and latex-free. The latex segment held the largest market share in 2022, and the same segment is anticipated to register the highest CAGR during 2022–2031. This can be attributed to the cost-effectiveness, infection control measures, and availability.

The ultrasound probe covers market and is segmented based on application into the endo cavity and external cavity. The endo cavity segment held the largest market share in 2022 and is projected to record the highest CAGR from 2022 to 2031.

The ultrasound probe covers market is segregated into hospitals, ambulatory surgical centers, clinics, and diagnostic centers based on the end user. The hospital segment held the largest ultrasound probe, covering market share in 2022 and anticipating the highest CAGR during 2022–2031. The segment's dominance can be credited to increasing the number of people suffering from chronic diseases and increasing awareness about hygiene.

Ultrasound Probe Covers Market, by Type– 2022 and 2031

Regional Analysis:

Based on geography, the global ultrasound probe covers market is segmented into Asia Pacific, Europe, Middle East & Africa, North America, and South & Central America. In 2022, North America held the largest global ultrasound probe covers market share. North America's market is split into the US, Canada, and Mexico. The market growth in North America is due to the increase in breast cancer cases, growing demand for technologically advanced procedures, and the presence of important companies in the region, such as CS Medical LLC and CIVCO Medical Solutions. The USA had the largest share in North America. This is mainly due to the growing availability of medical reimbursement for ultrasound procedures and the country's increasing number of diagnostic centers and hospitals. This increasing awareness about infection control and ultrasonic disinfection is also expected to support market growth. According to Massachusetts Health & Hospital Association data released in May 2022, an estimated 1.7 million infections are due to HAIs in American hospitals alone.

The Asia Pacific market is expected to witness the fastest CAGR between 2022 and 2031. This growth is due to several factors, such as developing countries' greater investments in healthcare facilities, increasing public awareness of in vitro fertilization procedures, and numerous local manufacturers offering high-quality goods at lower prices. Population growth, an increase in the geriatric population, and a rapid increase in ultrasound diagnostic procedures are also driving regional market growth. The presence and availability of various global brands and their challenges owing to high or low competition from local and domestic brands, domestic tariffs, and trade routes also impact the market.

Industry Developments and Future Opportunities:

Several initiatives taken by key players operating in the ultrasound probe covers market are listed below:

  • In May 2022, Germitec expanded its business with an 11 million euro financing round from leading French investors in the healthcare sector. European and international commercial expansion plans have been launched to strengthen the position of UV-C-based high-performance disinfection in a market estimated at 245 million euros.
  • In April 2022, Aspen Surgical (US) received funding from Audax Private Equity (US), which allowed Audax to continue supporting Aspen as it seeks opportunities for upcoming organic growth and major acquisitions for expanding globally.
  • In December 2019, GE Healthcare (US) acquired BK Medical (US) to expand its pre- and post-operative ultrasound capabilities into real-time surgical visualization.
  • In June 2021, the new digital product platform Nanosonices Auditpro for infection prevention was presented at the Annual Association for Professionals in Infection Control and Epidemiology (APIC) 2021. Introducing the Nanosonics auditpro offers infection preventers and quality managers the opportunity to improve infection control compliance across various options.
  • In March 2021, BlueMed Medical Supplies (Canada) was acquired by Aspen Surgical (US) to strengthen its extensive portfolio of surgical disposables, staff and patient safety products.
  • In February 2021, CS Medical LLC (US) and the Association for Professionals in Infection Control and Epidemiology (APIC, US) renewed their partnership to prevent healthcare-associated infections (HAIs).

Competitive Landscape and Key Companies:

CIVCO Medical Solutions, Medline Industries, Inc.; Ecolab, PDC Healthcare, Sheathing Technologies, Inc.; Cardinal Health, Parker Laboratories, Inc.; Karex Berhad, Advance Medical Designs, Inc.; Fairmont Medical Products Ltd.; Dynarex Corporation, and Glen Med Solutions are the prominent ultrasound probe covers market companies. These companies focus on new technologies, existing products’ advancements, and geographic expansions to meet the growing consumer demand worldwide.

Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Type, Material, Application, End User, and Geography

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

  • CIVCO Medical Solutions
  • Medline Industries, Inc.
  • Ecolab
  • PDC Healthcare
  • Sheathing Technologies, Inc.
  • Cardinal Health
  • Parker Laboratories, Inc.
  • Karex Berhad
  • Advance Medical Designs, Inc.
  • Fairmont Medical Products Ltd.
  • Dynarex Corporation
  • Glen Med Solutions

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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