Global Medical Ultrasonic Probe Covers Market, by Material (Latex-free Probe Covers and Latex Probe Covers), by Sterility (Sterile and Non-sterile), by Application (Vascular, Abdominal, Cardiac, Ophthalmology, and Others (Others include Urology, Orthopedics, and Oncology)), by End User (Hospitals, Clinics, Ambulatory Surgical Centers, and Others (Others include Cardiology Centers and Thrombosis Centers)), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), is estimated to be valued at US$ 201.9 million in 2021 and is expected to exhibit a CAGR of 5.8% over the forecast period (2021-2028), as highlighted in a new report published by Coherent Market Insights.
Rising prevalence of hospital acquired infections and chronic diseases is expected to drive the growth of global medical ultrasonic probe cover market over the forecast period.
For instance, according to a study conducted in 2017 by the National Health Services (NHS) Health Scotland revealed that patients undergoing transvaginal scan had 41% higher possibility of getting a bacterial infection and are 26% more likely to be prescribed antibiotics within 30 days of ultrasound. In addition, for patients undergoing transrectal ultrasounds, the probability of acquiring a bacterial infection was reported to be 75%.
Global Medical Ultrasonic Probe Covers Market – Impact of Coronavirus (Covid-19) Pandemic
COVID-19 outbreak was first reported on December 31, 2019, in Wuhan, China. According to the Coronavirus (COVID-19) Weekly Epidemiological Update by the World Health Organization, over 206 million cases and 4.3 million deaths due to Coronavirus (COVID-19) were reported up till August 15, 2021, across the globe.
The COVID-19 pandemic has affected several markets across the globe and is also expected to hamper the demand and supply in global medical ultrasonic probe covers market. The COVID-19 pandemic has affected the demand and supply of global central nervous system disorders therapeutics market in three main ways; by directly affecting the production and demand of medical ultrasonic probe covers; by creating disruptions in distribution channels; and by its financial impact on firms and markets. Supply chain and manufacturing activities of medical ultrasonic probe covers in India, China, and the U.S. are disrupted due to nationwide lockdowns. Furthermore, the COVID-19 pandemic has negatively impacted the global economy and in turn, the medical ultrasonic probe covers market. Quarantines, traveling constraints, and social distancing measures are likely to lead to a steep decline in business and consumer spending.
Browse 300 Market Data Tables and 146 Figures spread through 512 Pages and in-depth TOC on “Medical Ultrasonic Probe Covers Market”- Global Forecast to 2028, by Material (Latex-free Probe Covers and Latex Probe Covers), by Sterility (Sterile and Non-sterile), by Application (Vascular, Abdominal, Cardiac, Ophthalmology, and Others (Others include Urology, Orthopedics, and Oncology)), by End User (Hospitals, Clinics, Ambulatory Surgical Centers, and Others (Others include Cardiology Centers and Thrombosis 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 medical ultrasonic probe covers market, click the link below:
https://www.coherentmarketinsights.com/market-insight/medical-ultrasonic-probe-covers-market-3216
Key players operating in the market are focusing on adoption of inorganic growth strategies such as collaborations, acquisitions, facility expansion, and others in order to strengthen their position in the global medical ultrasonic probe covers market. For instance, in August 2020, Medline Industries, Inc., a U.S. based healthcare company expanded its service by opening a new distribution facility in Uxbridge, Massachusetts. This facility expansion by the company will add around 150 new jobs to its existing 250-member team to manage the growing customer base of Medline Industries, Inc. in New England region of the U.S.
Key Takeaways of the Global Medical Ultrasonic Probe Covers Market:
- The global medical ultrasonic probe covers market is expected to exhibit a CAGR of 5.8% over the forecast period, owing to increasing prevalence of chronic diseases and hospital acquired infections. For instance, according to the article published by the National Centre for Biotechnology Information in July, 2021, gastro-esophageal reflux diseases (GERD) is one of the most common gastrointestinal disorders, with a prevalence of around 20% of adults globally which is expected to increase in the near future.
- Among sterility, sterile segment is expected to account for the largest market share in 2021, owing to market players focusing on obtaining drug approvals. For instance, according to an article published by the European Society of Radiology Ultrasound Working Group in November 2017, probe covers must be used with sterile gel in order to reduce the risk of cross infection during ultrasound procedures.
- Key players operating in the global medical ultrasonic probe covers market include Cardinal Health, CIVCO Medical Solutions, Parker Laboratories, Inc., Karex Berhad, PDC Healthcare, Medline Industries, Advance Medical Designs, Inc., Sheathing Technologies, Inc., Hill-Rom Holdings, Inc., Fairmont Medical, Nissha Co., Ltd., PROMECON GmbH, McKesson Corporation, Palmedic B.V., Total Vein Systems, IMA-X, Vygon SA, DCC plc, Mermaid Medical, Safersonic, Premier Guard International Ltd., and Ecolab Inc.