The global ultrasound conductivity gels industry is poised for substantial growth, projected to soar to US$ 439.1 million by 2028 from an estimated US$ 278.9 million in 2022. This impressive expansion, at a remarkable CAGR of 7.9% over the forecast period (2022-2028), reflects the burgeoning demand and advancements in bio-related applications, particularly within ultrasound technology.
The pivotal development of conductive gel platforms catering to engineering materials with unparalleled biocompatibility, versatile functionalization, and adaptable mechanical strength is revolutionizing the landscape of bio-related applications. These innovations are reshaping the possibilities within cutting-edge bio-electronics and biosensors, thanks to gels exhibiting high ultrasound conductivity.
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“In the realm of bio-electronics and biosensors, high ultrasound conductivity gels are emerging as the material of choice,” says Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.), highlighting the critical role these gels play in advancing modern healthcare technologies. “Their exceptional properties are unlocking new dimensions in healthcare, enabling precision imaging and diagnostic capabilities that were once inconceivable.”
The demand surge for ultrasound conductivity gels stems from their unique ability to meet the evolving needs of various industries, pushing the boundaries of innovation in bio-related applications. These gels are at the forefront, driving breakthroughs in healthcare technology, paving the way for more accurate diagnostics and enhanced treatment modalities.
The global market’s appetite for ultrasonic conductivity gels is a testament to the growing recognition of their pivotal role in advancing healthcare and bio-related fields. The relentless pursuit of enhanced performance, coupled with their exceptional properties, continues to fuel the exponential growth projected in the coming years.
Enlarging Application Base to Help in Market Development:
Ultrasound is the most commonly employed diagnosis procedure for curing a disease. It is a painless and safe method to examine the internal organs and avoids the use of harmful radiations. Generally, ultrasound scan is recommended for various uses. In urology, ultrasound is utilized for diagnosis of the prostatic and kidney diseases and to diagnose urinary bladder. There is a rise in demand for ultrasound machines designed for specialities such as cardiology and radiology and in the knowledge of the advantages offered by the portable colour ultrasound systems which ultimately increase the demand of ultrasound procedures and use of ultrasound gels.
Moreover, the increasing awareness towards screening for breast cancer and advanced technologies such as echocardiography has evolved into a non-invasive method for imaging has driven the number of ultrasound procedures and boosting the future growth. Other than this, the need for point of care ultrasound scanning in military medication, urgent treatment, and remote care are likely to bolster the demand for ultrasound procedures and also increase the demand for ultrasound gels across the globe.
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Availability of Alternate Products an Ongoing Challenge in the Market:
Medical ultrasound gels may be inaccessible or unaffordable in low-resource locations. Consumers and clinicians looking for a low-cost substitute for ultrasound gels. Such an alternative could be a boon in developing countries where radiology budgets are tight but might hinder the global ultrasound conductivity gels market. A gel made from water and corn-starch is low-cost gel can be an acceptable alternative to commercial medical gel in rural areas. The low cost and easy preparation of the corn-starch-based gel make it an attractive coupling medium for use in low-resource settings. The availability of these substitutes is likely to act as a major roadblock in the growth of the market which be overcome in the near future.
Will the availability of substitutes and dearth of skilled personnel pull down the market or will the credibility of the product keep the making growing at a steady pace
Key Companies Profiled:
- Medline Industries Inc.
- Parker Laboratories, Inc.
- Roscoe Medical
- Cardinal Health, Inc.
- ECO-MED Diagnostic Imaging
- National Therapy Products Inc.
- Modul Diagram S.r.l
- Ceracarta Spa
- DJO Global, Inc.
- Pharmaceutical Innovation Inc.
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Key Segments Covered in Ultrasound conductivity gels Market Research:
By Product Type
- Sterile Gels
- Non Sterile Gels
By End User
- Hospitals
- Clinics
- Diagnostic Centers
- Ambulatory Surgical Centers
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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