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Ultrasound Conductivity Gel Market size was valued at around USD 264.6 million in 2023 and is estimated to grow at 7.5% CAGR from 2024 to 2032. The increase in the number of ultrasound imaging procedures, coupled with the growing number of clinics and diagnostic centers, is significantly driving the market growth.
As ultrasound technology becomes increasingly indispensable in medical diagnostics, the demand for ultrasound gel is expected to rise during the forecast period. The rise in diagnostic ultrasound imaging procedures, such as obstetric, cardiac, and abdominal ultrasound scans, is a major factor contributing to the increased demand for ultrasound gels. Moreover, the establishment of new healthcare facilities and clinics is further fueling product growth.
For example, in the U.S. alone, the number of diagnostic imaging centers has been steadily increasing over the past decade. According to the Radiology Business Journal, there were over 7,000 independent diagnostic testing facilities (IDTFs) in operation in the U.S. This trend is particularly evident in developed regions, resulting in substantial market growth for ultrasound gel manufacturers.
Ultrasound conductivity gel, also known as ultrasound gel, is a specialized gel used in medical diagnostics and therapeutic procedures involving ultrasound technology. It is a water-based gel with a consistency that allows it to efficiently conduct ultrasound waves between the transducer (the device that emits the ultrasound waves) and the patient's skin.
Global ultrasound conductivity gel industry was valued at USD 264.6 million in 2023 and is anticipated to register 7.5% CAGR between 2024 and 2032, driven by increase in number of ultrasound imaging procedures and surging healthcare expenditure worldwide.
The non-sterile gel segment in the ultrasound conductivity gel delivery market recorded USD 189.4 million in 2023 due to its suitability for non-invasive procedures and cost-effectiveness compared to sterile gels, appealing to budget-conscious healthcare facilities.
North America ultrasound conductivity gel market accounted for USD 111.2 million in revenue in 2023 due to the high prevalence of chronic diseases, such as cardiovascular diseases, cancer, and diabetes.
Cardinal Health, Inc., Ceracarta Spa, DJO Global, Inc., ECO-MED Diagnostic Imaging, Medline Industries Inc., Modul Diagram S.r.l, National Therapy Products Inc., Parker Laboratories, Inc., Pharmaceutical Innovation Inc. and Roscoe Medical.