Latex Probe Cover Market to Surpass US$ 899.2 Million by 2027

Global Latex Probe Cover Market, by Type (Disposable and Reusable), by Application (Endocavity Probe Covers, Ultrasound Probe Covers, Transrectal and Transvaginal Probe Covers, General Purpose Probe Covers, and Other), by End User (Hospitals, Ambulatory Surgical Centers, Clinics, and Diagnostic Centers), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), is expected to be valued at US$    552.76 million in 2020 and is expected to exhibit a CAGR of 7.2% over the forecast period (2020-2027), as highlighted in a new report published by Coherent Market Insights.

The rising incidence of cross infections due to ultrasound procedures is expected to boost growth of the latex probe cover market over the forecast period. For instance, according to the data published in the American Journal of Infection Control in 2018, ultrasound procedures such as transvaginal, transrectal, intracavity, tranesophageal, and post-operative wounds carry significant risk of cross infections. Moreover, a study conducted in 2017 by the NHS Health Scotland showed that patients opting for transvaginal scan had 41% higher probability of getting positive bacterial cultures and 26% are more likely to be prescribed with antibiotics within 30 days of ultrasound. Similarly, for patients undergoing transrectal ultrasounds, the probability of getting positive cultures increased up to 75%.

Browse 27 Market Data Tables and 26 Figures spread through 165 Pages and in-depth TOC on “Latex Probe Cover Market”- Global Forecast to 2027, by Type (Disposable, and Reusable), by Application (Endocavity Probe Covers, Ultrasound Probe Covers, Transrectal and Transvaginal Probe Covers, General Purpose Probe Covers, and Other), by End User (Hospitals, Ambulatory Surgical Centers, Clinics, and Diagnostic Centers), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa).

To know the latest trends and insights prevalent in the global latex probe cover market, click the link below:

https://www.coherentmarketinsights.com/market-insight/latex-probe-cover-market-3822

The increasing prevalence of cardiovascular diseases (CVD) is expected to propel growth of the latex probe cover market over the forecast period. For instance, according to the Australian Bureau of Statistics (ABS) 2017–18 National Health Survey around 1.2 million adults (18 years and over) suffered from cardiovascular diseases (CVD) in Australia in 2017-18.

Key Takeaways of the Global Latex Probe Cover Market:

• The global latex probe cover market is expected to exhibit a CAGR of 7.2% over the forecast period, owing to increasing prevalence of cardiovascular diseases (CVD). For instance, according to the Health Survey for England 2017 Cardiovascular Diseases, 14% of people aged 16 and over, reported having cardiovascular disease (CVD).
• Among type, disposable segment accounted for largest market share in 2019, owing to increased prevalence of cancer. According to the American Cancer Society's (ACS) publication, Cancer Facts & Figures 2020, around 73,750 adults is expected to be diagnosed with kidney cancer in the U.S. in 2020.
• Among application, ultrasound probe cover segment accounted for largest market share in 2019, owing to increasing prevalence of prostate cancer. For instance, according to the Cancer Research UK around 48,487 cases of prostate cancer were reported in the U.K. during 2015-2017.
• Key players operating in the global latex probe cover market include Cardinal Health, Inc., Parker Laboratories, Inc., Hartalega Holdings Berhad, Dynarex Corporation, Braun Melsungen AG, McKesson Medical-Surgical Inc., and CIVCO Medical Solutions.