BLADDER SCANNERS MARKET ANALYSIS

The global bladder scanners market was valued at US$ 134.1 Mn in 2021 and is forecast to reach a value of US$ 194.3 Mn by 2028 at a CAGR of 5.4% between 2022 and 2028. The global bladder scanners market is experiencing strong growth owing to the increasing prevalence of urology related disorders worldwide. Moreover, increasing usage of mobile portable ultrasound devices is expected to boost the growth of the market. However, factors such as product recalls and stringent regulatory reforms are expected to hamper growth of the market.

Global Bladder Scanners Market: Regional Insights

Based on geography, the global bladder scanners market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Among regions, North America is expected to gain highest share in the market over the forecast period owing to the rising prevalence of urological diseases in these region. Bladder scanner is a non-invasive portable tool used to diagnose many urological diseases, such as kidney stones, chronic kidney disease, bladder control problems, urinary tract infections, prostate problems, among others. For instance, according to Centers for Disease Control and Prevention (CDC), more than 1 in 7, that is 15% of US adults or 37 million people, are estimated to have chronic kidney disease (CKD). As many as 9 in 10 adults with CKD do not know they have CKD. About 2 in 5 adults with severe CKD do not know they have CKD.

Europe is also expected to witness robust growth in the global bladder scanners market due to the increasing incidence of urinary tract infection in this region. For instance, according to the National Institute for Health and Care Excellence, urinary tract infection (UTI) is the most common hospital-acquired infection in the U.K., accounting for around 23% of all infections. The majority of hospital-acquired UTIs are associated with catheter use, & catheter-associated UTIs are the source of 8% of hospital-acquired bacteraemia.

Figure 1. Global Bladder Scanners Market Share (%), by Region, 2021

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Global Bladder Scanners Market Drivers:

Increasing prevalence of chronic disease (such as diabetes, kidney disease, and hypertension) across the globe is expected to augment growth of the global bladder scanners market over the forecast period. For both men and women, bladder scanners help kidney disease, detect fluid collection, kidney or urinary tract infection, tumors, cysts, obstructions like kidney stones, and more. Kidney diseases are one of the most common diseases worldwide. According to the American Society of Nephrology, more than 850 million people across the globe have some form of kidney disease.

Technological advancements in bladder scanners are expected to boost the growth of the global bladder scanners market over the forecast period. For instance, in February 2019, EchoNous, an American company that develops medical tools for bladder and kidney care, announced the launch of EchoNous Bladder, an electronic, non-mechanical bladder-scanner with AI (artificial intelligence) algorithm to help nurses quickly determine bladder volume of patients. EchoNous claimed that the tool will also be helpful in treating pregnant and postpartum patients.

Global Bladder Scanners Market Opportunities:

Increasing demand for bladder scanners across the globe is expected to offer lucrative growth opportunities for players in the global bladder scanners market. For instance, in October 2021, RSIP Vision announced the launch of panoramic image generator and 3D sparse reconstruction tool for bladder imagery. The tool automatically performs stitching of cystoscopy images of the bladder to create a large panoramic image. The sparse reconstruction verifies that no areas of the bladder go unscreened and suspicious areas can be revisited.

Rising preference for portable bladder scanner or increasing use of mobile portable ultrasound devices is expected to provide significant growth opportunities for players in the global bladder scanners market. For instance, portable ultrasound bladder scanner is a transportable ultrasound medical device that is used to digitally measure bladder volume. For instance, in November 2019: Healcerion, Inc. exhibited its SONON range of wireless handheld ultrasound scanners at the MEDICA 2019 International Trade Fair in Düsseldorf, Germany.

Global Bladder Scanners Market Trends:

Growing prevalence of urological disorders is expected to propel growth of the global bladder scanners market. For instance, urological disorders are diseases of the kidneys and urinary tract, and with the increasing prevalence of urological disorders, the use of bladder scanners is also increasing. In February 2022, Fujifilm announced the launch of the iVizHandheld system. This system is capable of performing bladder volume scanning.

Frequent approvals and launches of novel products are expected to drive growth of the global bladder scanners market. For instance, in March 2020, Butterfly Network received medical device licensing for its point-of-care ultrasound device. The Butterfly iQ is now available to Canadian healthcare practitioners and health systems.

Global Bladder Scanners Market Restraints:

Stringent regulatory reforms are expected to hamper the growth of the global bladder scanners market. Medical devices or diagnostic imaging devices/tools are subject to strict regulatory and approval processes to enter the market and to be used by operators and patients. In the United States, Most Class I devices are exempt from Premarket Notification 510(k); Class II devices require Premarket Notification 510(k), and Class III devices require Premarket Approval.

Product recalls are also expected to hinder growth of the global bladder scanners market. A product recall is a request to return to the maker, a batch or entire production run of a product, usually over safety concerns or design defects or labelling errors. In March 2020, the Butterfly iQ Ultrasound System Auto Bladder Volume Tool of Butterfly Network, Inc. has been recalled from the market as it has been distributed without an approved 510(k).

Figure 2. Global Bladder Scanners Market Share (%), by Product, 2021

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Global Bladder Scanners Market Segmentation:

The global bladder scanners market report is segmented into Product, End-User, and Region.

Based on Product, the market is segmented into Bench Top Bladder Scanners, Portable Bladder Scanners, and Handheld Bladder Scanners. Out of which, Bench Top Bladder Scanners Segment is expected to dominate the bladder scanners market over the forecast period and this is attributed to the rise in prevalence of chronic and urological diseases. With the increasing prevalence of chronic and urological diseases, the demand for bench top bladder scanners is also increasing rapidly.

Portable Bladder Scanners Segment is also expected to witness significant growth in the near future and this is owing to the rising preference for portable bladder scanner.

Based on End User, the market is segmented into Hospitals, Diagnostic Centers, and Others. Out of which, All Segment are expected to dominate the market over the forecast period and this is attributed to the rise in prevalence of chronic and urological diseases worldwide.

Global Bladder Scanners Market: Key Developments

In January 2022, Laborie Medical Technologies Inc. announced the acquisition of exclusive license to the Optilume Urethral Drug Coated Balloon (DCB).

In February 2020, Caresono, with the Italian Milan Scientific Expedition Team, measured the clinical application of Bladder Capacity Tester, PadScan HD2, in Mount Everest, above 5000 meters. PadScan can be used for clinical application in the highest part of the Earth.

Global Bladder Scanners Market: Key Companies Insights

The global bladder scanners market is highly competitive. This is attributed to the technological advancements in bladder scanners, as market players are focusing on launching technologically advanced products in the market.

Some of the key players in the global bladder scanners market are:

Vitacon, SRS Medical Systems Inc., Roper Technologies Inc., Patricia Industries (LABORIE), Echo-Son, Mcube Technology Co. Ltd., Caresono, General Electric Company (GE Healthcare Inc.), and Becton, Dickinson and Company (C. R. Bard Inc.), among others.

*Definition: Bladder scanner (BS), a portable ultrasound device specialized in bladder volume measurement, has been developed and applied to clinical assessment of post-void residual urine, which is a requisite in evaluating patients with voiding dysfunction.