The bladder scanners market is expected to grow with a CAGR of 5.9%, during the forecast period. A bladder scanner is a non-invasive, ultrasound device or a tool that provides a virtual two or three dimensional (3D) or (2D) image of the bladder and the volume of urine retained within the bladder for diagnosing, managing and treating urinary outflow dysfunction. With the increasing prevalence of urological diseases are driving the growth of the bladder scanners market.

According to the World Health Organization (WHO), urinary tract infection is a leading cause of morbidity with more than one million hospitalizations and an annual cost of around one billion dollars. Diseases such as kidney stones, bladder control problems, prostate problems, urinary bladder infection (UTI) in adults and urinary retention are some of the outcomes of urological diseases. Therefore, the bladder scanners market is projected to expand gradually due to the increase in the incidence of urological disorders. New technological advancements, increasing prevalence of urological disorders are the factors that may further contribute to the bladder scanners market growth.

Key Market Trends

Portable Bladder/Bench Top Scanners Segment is Expected to Hold a Significant Market Share

Portable Bladder/Bench Top Scanners are ultrasound devices that use automated technology to register bladder volume digitally, including post-void residual (PVR) volume, and provide three-dimensional images of the bladder.

According to the World Health Organization (WHO), prevalence rates of urinary incontinence conditions are 2.5% in women and 1.4 % in men in the general population. Health care professionals (primarily nurses) uses the device to measure postvoid residual (PVR) urine volume and prevent unnecessary catheterization and these products may improve diagnosis and differentiation of urological problems which helps in management and treatment of urological diseases, including the establishment of voiding schedules, study of bladder biofeedback, fewer urinary tract infections (UTIs), and monitoring of potential urinary incontinence after surgery or trauma. Therefore, increasing prevalence of urological diseases and the rising preference for Portable Bladder/Bench Top Scanners use are the key factors for the growth of the bladder scanners market.

North America is Expected to Dominate the Market and Expected to do Same in the Forecast Period

North America is expected to hold a dominating position globally in the bladder scanners market due to the rising prevalence of urological diseases, and high healthcare expenditure. In 2017, the North American region generated maximum revenue globally. New product approvals, growing prevalence of urological disorders, increasing diagnostic procedures, and increasing utilization of mobile portable ultrasound devices in clinics and hospitals contributing to the growth of the bladder scanners market.

According to National Public Health Surveys which is conducted over several years, it is estimated that 1 in 10 United States adults (18 years of age and older) suffer from daily urinary incontinence and most of those affected are women. Furthermore, the increasing incidence of urological diseases and a growing geriatric population in the country is fueling the growth of the overall regional market to a large extent.

Competitive Landscape

The Bladder Scanners Market is moderately consolidated competitive and consists of several major players. In terms of market share, few of the major players are currently dominating the market. Market participants are adopting numerous strategies including acquisitions and collaborations to sustain market competition.

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