Global Ultrasound Gel Market Size (2024 - 2029)

The ultrasound gel market is expected to experience growth due to advancements in technology and the development of new formulations. Initially impacted by the COVID-19 pandemic, the market rebounded as ultrasound became essential for monitoring respiratory conditions in patients. The increasing number of ultrasound procedures and innovations in gel preparation are key drivers of market expansion. Improvements such as making gels odorless and hypoallergenic are enhancing product demand. Additionally, new product launches and partnerships are contributing to market growth, although competition from alternative products may pose challenges.

Market Size of Global Ultrasound Gel Industry

Ultrasound Gel Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
CAGR 3.90 %
Fastest Growing Market Asia Pacific
Largest Market North America

Major Players

Ultrasound Gel Market Major Players

*Disclaimer: Major Players sorted in no particular order

Ultrasound Gel Market Analysis

The ultrasound gel market is projected to register a CAGR of 3.9% during the forecast period.

The impact of COVID-19 in its initial phase in the ultrasound gel market was adverse owing to cancellations of elective procedures, including ultrasound diagnosis. For instance, an article published in Nature Public Health Emergency Collection in April 2021 stated that a 58% decrease in emergency department ultrasounds performed by the radiology department was reported during the COVID-19 period. However, the market gained traction as the ultrasound was majorly used in monitoring respiratory activity in COVID-19 patients. For instance, another article published in the NCBI in March 2021 stated use of lung ultrasound in the evaluation of patients with COVID-19 was encouraged because of its low cost, radiation-free, practical method of use, with easy-to-sanitize equipment. The ultrasound facilitated the structural evaluation of lung damage brought on by SARS-CoV-2. The ultrasound gel market is anticipated to witness growth in the coming years due to the rise in the growing number of ultrasound procedures and ultrasound gels with new formulations.

In addition, the growing number of ultrasound procedures, technological advancements, and advancements in ultrasound gel preparation are effectively driving the growth of the studied market. The increased usage of ultrasound in different therapy also likely to boost the market growth. For instance, an article published in April 2022 in the Journal of Material Chemistry B explained the advantages of ultrasound-responsive hydrogel. The ultrasound-responsive hydrogels are used in the applications of ultrasound imaging, on-demand drug delivery, and shape memory. Thus, advancements like ultrasound gel are anticipated to increase the demand, thereby boosting market growth.

Improvements in ultrasound gels to make them odorless, colorless, glycerin-free, and formaldehyde-free. A lot of studies are carried out in ultrasound gel to improve the formula and increase efficiency. For instance, as per the article published in January 2022 in the MDPI journal, an alternative ultrasound gel formulation was prepared using biodegradable and natural ingredients such as aloe vera gel. Aloe vera gel has an anti-inflammatory effect on the skin. The formulation prepared with it is safe for patients with sensitive skin due to its hypoallergenic characteristics. Hence, such improvements included in the preparation of ultrasound gel increase the demand for the products and thereby boosting the market growth.

Moreover, technological advancements, product approvals, launches, and partnerships by key market players are likely to drive market growth. For instance, in February 2021, a new acoustic coupling fluid, SonoClear, from a Norway-based start-up, SonoClear AS, was registered for clinical trials to assess its performance and safety. This coupling fluid can mimic natural brain waves. Such clinical trial developments are projected to boost the demand for innovative ultrasound gel and propel market growth.

Therefore, owing to the increase in advancements in ultrasound gel and the rise in product launches, the studied market is anticipated to witness growth over the analysis period. However, the use of other alternative products is likely to impede the market's growth.

Ultrasound Gel Industry Segmentation

As per the scope of the report, ultrasound gels are aqueous-based and used as coupling agents. It is necessary to ensure good contact between the transducer and the skin to avoid air spaces. This gel helps the ultrasound waves penetrate the tissue where imaging is conducted, thus getting a clear image. Generally, these agents are water-soluble gels. The Ultrasound Gel Market is Segmented by Product Type (Non-sterile and Sterile), End User (Hospitals/Clinics, Diagnostic Centers, and Other End Users), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD million) for the above segments.

By Product Type
Non-sterile
Sterile
By End User
Hospitals/Clinics
Diagnostic Centers
Other End Users
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa
GCC
South Africa
Rest of Middle East and Africa
South America
Brazil
Argentina
Rest of South America
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Global Ultrasound Gel Market Size Summary

The ultrasound gel market is poised for growth, driven by an increase in ultrasound procedures and technological advancements in gel formulations. Initially, the market faced challenges due to the COVID-19 pandemic, which led to a decrease in elective procedures. However, the use of ultrasound in monitoring COVID-19 patients helped the market regain momentum. Innovations in ultrasound gel, such as the development of odorless, colorless, and hypoallergenic formulations, are expected to further boost demand. The market is also benefiting from advancements in ultrasound-responsive hydrogels, which are used in various applications, including drug delivery and imaging. These developments, along with product launches and partnerships among key players, are anticipated to propel market growth over the forecast period.

The demand for sterile ultrasound gel, particularly in regions like North America, is expected to rise due to the increasing prevalence of chronic diseases requiring ultrasound diagnostics. Regulatory guidelines emphasizing the use of sterile products are likely to positively impact this segment. The market's fragmented nature, with numerous global and regional players, adds to the competitive landscape. Companies such as Compass Health Brands, Eco-Med Pharmaceutical Inc., and Parker Laboratories Inc. are notable participants. The introduction of innovative products, like the Smart Ultrasound Gel Dispenser, highlights the ongoing efforts to enhance usability and efficiency in ultrasound procedures. Overall, the market is set to expand, driven by technological advancements, regulatory support, and the growing need for effective diagnostic tools.

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Global Ultrasound Gel Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Growing Number of Ultrasound Procedures

      2. 1.2.2 Advancements in Ultrasound Gels Preparations

    3. 1.3 Market Restraints

      1. 1.3.1 Use of Other Alternative Products

    4. 1.4 Porter Five Forces

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size by Value - USD million)

    1. 2.1 By Product Type

      1. 2.1.1 Non-sterile

      2. 2.1.2 Sterile

    2. 2.2 By End User

      1. 2.2.1 Hospitals/Clinics

      2. 2.2.2 Diagnostic Centers

      3. 2.2.3 Other End Users

    3. 2.3 Geography

      1. 2.3.1 North America

        1. 2.3.1.1 United States

        2. 2.3.1.2 Canada

        3. 2.3.1.3 Mexico

      2. 2.3.2 Europe

        1. 2.3.2.1 Germany

        2. 2.3.2.2 United Kingdom

        3. 2.3.2.3 France

        4. 2.3.2.4 Italy

        5. 2.3.2.5 Spain

        6. 2.3.2.6 Rest of Europe

      3. 2.3.3 Asia-Pacific

        1. 2.3.3.1 China

        2. 2.3.3.2 Japan

        3. 2.3.3.3 India

        4. 2.3.3.4 Australia

        5. 2.3.3.5 South Korea

        6. 2.3.3.6 Rest of Asia-Pacific

      4. 2.3.4 Middle East and Africa

        1. 2.3.4.1 GCC

        2. 2.3.4.2 South Africa

        3. 2.3.4.3 Rest of Middle East and Africa

      5. 2.3.5 South America

        1. 2.3.5.1 Brazil

        2. 2.3.5.2 Argentina

        3. 2.3.5.3 Rest of South America

Global Ultrasound Gel Market Size FAQs

The Global Ultrasound Gel Market is projected to register a CAGR of 3.9% during the forecast period (2024-2029)

Compass Health Brands, National Therapy Products Inc., HR Pharmaceuticals, Inc., Medline Industries, LP and OJI Group (TELE-PAPER (M) SDN BHD) are the major companies operating in the Global Ultrasound Gel Market.

Ultrasound Gel Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)