Market Trends of Global Ultrasound Gel Industry
This section covers the major market trends shaping the Ultrasound Gel Market according to our research experts:
Sterile Ultrasound Gels Segment is Expected to Witness Growth Over the Forecast Period
Sterile ultrasound gel is used for ultrasonography and biopsy sampling processes in in-vitro fertilization surgeries and vaginal and intrauterine examinations. One of the best ways to prevent infection and the spread of microorganisms during an ultrasound procedure is to use sterile ultrasound gel.
The sterile type of gel occupies a significant share of the market compared to other types of gel. The United Kingdom's Health Security Agency, in its May 2022 guidelines, stated to ensure that only unopened sachets and containers that are labeled as 'sterile' are used. The enactment of such regulations is expected to have a positive impact on the growth of the segment over the analysis period. Moreover, growth in the disease prevalence requiring ultrasound for a better diagnosis is likely to further boost the demand for ultrasound gels. For instance, according to the National Association of Chronic Disease Directors, 'Commentary on Chronic Disease Prevention in 2022', nearly 60% of adult Americans have at least one chronic disease. Chronic conditions like diabetes, cancer, and cardiovascular disease are the major health issues in the United States. The diagnosis of chronic diseases majorly employs ultrasound imaging, which is ultimately projected to boost the segment's growth during the forecast period.
Furthermore, product launches, collaborations, and partnerships to increase the availability of sterile ultrasound gel are expected to drive market growth over the forecast period. For instance, in January 2021, Nanocare, a medical brand with health protection products applying Silver Nanotechnology, launched a sterile ultrasonic gel. This ultrasound gel has viscosity to help disperse and reduce the heat generated by the laser device.
Therefore, owing to the increase in advancements in sterile ultrasound gel, the rise in product launches, and the increase in chronic diseases that require an ultrasound, the studied market is anticipated to witness growth over the analysis period.
North America is Expected to Dominate the Ultrasound Gel Market Over the Forecast Period
North America is expected to witness growth in the market owing to factors such as the rising prevalence of chronic diseases that require an ultrasound, increasing technological advancements in ultrasound gel, and the strong presence of industry players in the region.
The high prevalence of chronic diseases is projected to augment the growth of ultrasound gels in the region as the diagnosis of chronic diseases requires an ultrasound to a large extent, which is ultimately projected to boost the use of ultrasound gels for smoother diagnosis. For instance, according to the Chronic Kidney Disease in the United States, 2021, More than 1 in 7, that is 15% of US adults or 37 million people, were estimated to have CKD. Kidney diseases like chronic kidney disease kidney cancer can be diagnosed by proper ultrasound, and thereby requiring the ultrasound gel, which is anticipated to boost the market growth in the studied region.
Also, rising awareness, growing demand for various diagnostic procedures, and approvals by various healthcare institutions are expected to fuel the market growth in this region. For instance, in March 2021, the American Institute of Ultrasound in Medicine (AIUM) reapproved the guidelines for the cleaning and preparation of external and internal ultrasound probes, along with the safe handling and use of coupling gel. Such approvals are projected to boost the utility of ultrasound gels in the region.
Therefore, owing to the increase in chronic diseases that require an ultrasound, and the rise in product launches, North America is anticipated to witness growth in the studied market over the analysis period.
