Ultrasound Probe Covers Market SWOT Analysis by 2031
[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
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CAGR (2023 - 2031)
6.07%
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Market Size 2023
US$ 216.58 Million
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Market Size 2031
US$ 347.03 Million
Market Dynamics
GROWTH DRIVERS
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FUTURE TRENDS
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OPPORTUNITIES
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Key Players
- CIVCO Medical Solutions
- Medline Industries Inc
- Ecolab
- PDC Healthcare
- Sheathing Technologies Inc
- Cardinal Health
- Parker Laboratories Inc
- Karex Berhad
- Advance Medical Designs Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Disposable and Reusable
Material
- Latex and Latex free
Application
- Endo Cavity and External Cavity
End User
- Hospitals
- Ambulatory Surgical Centers
- Clinics
- Diagnostic Centers
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Ultrasound Probe Covers Market: Strategic Insights
-
CAGR (2023 - 2031)6.07% -
Market Size 2023
US$ 216.58 Million -
Market Size 2031
US$ 347.03 Million
Market Dynamics
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
Key Players
- CIVCO Medical Solutions
- Medline Industries Inc
- Ecolab
- PDC Healthcare
- Sheathing Technologies Inc
- Cardinal Health
- Parker Laboratories Inc
- Karex Berhad
- Advance Medical Designs Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
- Disposable and Reusable
- Latex and Latex free
- Endo Cavity and External Cavity
- Hospitals
- Ambulatory Surgical Centers
- Clinics
- Diagnostic Centers
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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.
Ultrasound Probe Covers Market Report Scope
Report Attribute | Details |
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Market size in 2023 | US$ 216.58 Million |
Market Size by 2031 | US$ 347.03 Million |
Global CAGR (2023 - 2031) | 6.07% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
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Regions and Countries Covered | North America
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Market leaders and key company profiles |
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Material, Application, End User, and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
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