Market research reports, consulting: Global Market Insights Inc.

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Ultrasound Conductivity Gel Market Trends

Report ID: GMI9916 Published Date: June 2024Report Format: PDF
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Summary
Table of Content

Ultrasound Conductivity Gel Market Trends

  • The increase in healthcare expenditure significantly drives the growth of the market. With higher budgets, hospitals and clinics invest more in advanced diagnostic equipment, including ultrasound machines, leading to a greater number of procedures across fields like obstetrics, cardiology, and abdominal imaging. Each procedure requires ultrasound gel for accurate transmission of waves, making it essential in diagnostics.
  • Additionally, increased healthcare spending leads to the expansion of healthcare facilities, including new clinics and diagnostic centers.
  • The technological advancements in medical imaging are contributing to the rise in healthcare spending. For example, the adoption of 3D and 4D ultrasound imaging techniques has increased in recent years, leading to greater accuracy in diagnosis but also requiring more advanced ultrasound gel formulations to maintain optimal conductivity.
  • Moreover, higher healthcare expenditure improves access to services, increasing patient throughput and the need for diagnostic procedures. This trend is particularly evident in regions with substantial healthcare investments, where enhanced infrastructure and service delivery further boost the demand for ultrasound conductivity gel.
Author: Mariam Faizullabhoy, Gauri Wani
Frequently Asked Question(FAQ) :

How big is the ultrasound conductivity gel market?+

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.

Why is the use of non-sterile ultrasound conductivity gel rising?+

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.

How big is the North America ultrasound conductivity gel industry?+

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.

Who are the major ultrasound conductivity gel industry players?+

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.

Ultrasound Conductivity Gel Market Scope

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