Press release
Global Ultrasound Gels Market Set to Hit USD 570 million by 2027- TMR Study
Ultrasound Gels Market 2023-2027
Executive Summary
The global ultrasound gels market has experienced steady growth, driven by the increasing use of ultrasound imaging in healthcare, diagnostics, and various medical procedures. Ultrasound gels are essential for providing optimal sound wave transmission during ultrasound examinations. This research report provides a comprehensive analysis of the global ultrasound gels market, covering market size, trends, drivers, challenges, and future outlook.
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Market Growth
The global ultrasound gels market has experienced steady growth and is expected to continue expanding. Key factors contributing to this growth include:
• Increasing Ultrasound Use: The growing utilization of ultrasound imaging in healthcare and diagnostics.
• Technological Advancements: The development of advanced ultrasound equipment that requires high-quality gels.
• Rising Healthcare Needs: Ultrasound gels are used in various medical procedures, including obstetrics, cardiology, and oncology.
Drivers
Several factors are driving the growth of the ultrasound gels market, including:
• Growing Healthcare Imaging: The increasing use of ultrasound imaging for diagnostics and monitoring.
• Quality of Imaging: The role of ultrasound gels in ensuring high-quality ultrasound images.
• Technology Advancements: The development of advanced ultrasound equipment and the need for compatible gels.
Challenges
The ultrasound gels market faces certain challenges, such as:
• Price Sensitivity: Price concerns, especially in healthcare facilities with budget constraints.
• Competition: A competitive market with multiple suppliers and manufacturers.
• Environmental Concerns: Addressing environmental sustainability and the disposal of used ultrasound gels.
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Key Players:
• Parker Laboratories, Inc.
• HR Pharmaceuticals
• Ultragel Hungary 2000 Kft.
• ECO-MED PHARMACEUTICAL INC.
• National Therapy Products Inc.
• Phyto Performance Italia S.R.L
• Trivitron Healthcare
• CHHENNA CORPORATION
• Benetechmed
• Tentan AG (Schaer Pharma Services)
• Medvat
Recent Developments:
Here are some recent developments of companies in the global ultrasound gels market, with the year:
2023:
• Compass Health Brands: Announced the launch of its new ultrasound gel, the Aquasonic Clear Gel. This gel is designed to be highly conductive and transparent, providing excellent image quality and patient comfort.
• National Therapy Products: Announced that it has expanded its production capacity for ultrasound gels to meet the growing demand.
2022:
• HR Pharmaceuticals: Announced the launch of its new ultrasound gel, the Sonogel XP. This gel is designed to be long-lasting and non-drying, making it ideal for extended procedures.
• Medline Industries: Announced that it has acquired the ultrasound gel business of Parker Laboratories. This acquisition will strengthen Medline's position in the ultrasound gels market.
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Market Opportunities
Opportunities in the ultrasound gels market include:
• Product Innovation: Ongoing research and development to create more advanced and efficient ultrasound gels.
• Global Expansion: Expanding the use of ultrasound gels in regions with growing healthcare needs.
• Home Care Market: The increasing use of ultrasound gels for home-based ultrasound procedures.
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About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
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