The Ultrasound Needle Guides Market Size is valued at USD 282.49 Mn in 2023 and is predicted to reach USD 489.87 Mn by the year 2031 at a 7.25% CAGR during the forecast period for 2024-2031.
The invention, production, and distribution of tools or systems that aid medical practitioners in precisely directing biopsy needles during ultrasound-guided operations make up the ultrasonic needle guides market. These guides offer a set track for needle insertion, improving the precision and safety of biopsies. In the near future, it's anticipated that the ultrasonic needle guide market will expand significantly.
The industry for ultrasound needle guides is expanding due to rising interest in minimally invasive procedures, rising acceptance of ultrasound-guided needle placement, improvements in ultrasound imaging technology, and rising demand for Point-of-care (POC) ultrasound systems. The need for ultrasonic needle guides is also anticipated to rise as a result of the rising incidence of severe diseases such as cancer and diabetes, as well as the rising number of elderly patients who need minimally invasive surgeries.
Additionally, the sector for ultrasonic needle guides is projected to expand due to the greater attention paid to patient comfort and safety when using these devices. The use of needle guides has increased due to the effectiveness and safety of ultrasound-guided treatments made possible by modern ultrasound systems with capabilities like real-time imaging, 3D/4D imaging, and fusion imaging.
Competitive Landscape:
Some major key players in the Ultrasound Needle Guides Market:
- Roper Technologies (CIVCO Medical Solutions) (US)
- Aspen Surgical (US)
- FUJIFILM Holdings Corporation (Japan)
- Siemens Healthineers AG (Germany)
- Becton, Dickinson and Company (US)
- Argon Medical Devices (US)
- Hologic, Inc. (US)
- Remington Medical inc. (US)
- Geotek Medical (Turkey)
- InnoFine (China)
- KOELIS (France)
- Rocket Medical (China)
- BIRR (Netherlands)
- IZI Medical (US)
- Sheathing Technologies, Inc. (US)
- weLLgo Medical
- Products GmbH (Germany)
- Advance Medical Designs, Inc. (US)
Market Segmentation:
The Ultrasound Needle Guides Market is segmented on the basis of Type, Application And End-User. Based on the type, the market is segmented into disposable and reusable needle guides. Based on application segment, the market is divided into tissue biopsy, fluid aspiration, vascular access procedures, nerve block and regional anaesthesia and other applications. On the basis of end-user segment, the market comprises hospitals and clinics, ambulatory surgical centers, diagnostic imaging centers and other end-users.
Based On Type, The Disposable Needle Guides Segment Is Accounted As A Major Contributor In The Ultrasound Needle Guides Market
The disposable needle guides category is expected to hold a major share of the global ultrasound needle guides market in 2024. Disposable needle guides offer convenience and efficiency by removing the need for cleaning and sterilizing, improving workflow, and saving time. Their single-use design helps to improve infection control by lowering the chance of cross-contamination and illnesses. They are also perfect for clinics and other smaller healthcare facilities because of their adaptability for point-of-care settings and ease of setup and use. Overall, the convenience, enhanced infection control, cost-effectiveness, regulatory compliance, and appropriateness for different healthcare settings drive demand for disposable needle guides. Therefore, disposable needle guides are a key driving force in the market, providing several benefits and advancing industry trends.
The Hospitals And Clinics Segment Showed A Rapid Growth
The hospitals and clinics is likely to grow at a rapid rate in the global ultrasound needle guides market. Hospitals and clinics are significant market drivers, with several interrelated variables accelerating market expansion. The wide variety of diagnostic and interventional treatments within facilities accounts for the high procedure volume. A constant need for ultrasonic needle guides results from this volume. Additionally, modern imaging equipment is available in hospitals and clinics, including ultrasound scanners widely used for treatments like ultrasound-guided biopsies. This reliance on ultrasound technology promotes the demand for needle guides to ensure accurate and precise needle placement.
In The Region, The North America Ultrasound Needle Guides Market Holds A Significant Revenue Share.
The North America ultrasound needle guides market is expected to register the topmost market share in revenue in the near future. A few reasons anticipated to enhance overall market share include the rising number of surgical procedures, technological developments, and the significant presence of industry players. The U.S. market trends will also be influenced by the nation's growing senior population and the increased cancer incidence. For instance, according to the American Cancer Society, the number of new cases of cancer diagnosed and cancer patient deaths in the United States in 2021 was predicted to be over 1.9 million.
As a result, the market revenue would be affected by the rising prevalence rate of many chronic diseases. In addition, Asia-Pacific is expected to grow quickly due to several elements, including the ongoing trend of device shrinking and the rising incidence of target diseases. But the development of the Asia Pacific ultrasound needle guides market is expected to be constrained during the anticipated period by factors such as the stringent government regulations about OB/GYN applications of ultrasound, the scarcity of qualified sonographers, and the constrained availability of medical reimbursements for ultrasound.
Ultrasound Needle Guides Market Report Scope:
|
Report Attribute |
Specifications |
|
Market Size Value In 2023 |
USD 282.49 Mn |
|
Revenue Forecast In 2031 |
USD 489.87 Mn |
|
Growth Rate CAGR |
CAGR of 7.25% from 2024 to 2031 |
|
Quantitative Units |
Representation of revenue in US$ Million, volume (units) and CAGR from 2024 to 2031 |
|
Historic Year |
2019 to 2023 |
|
Forecast Year |
2024-2031 |
|
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
|
Segments Covered |
By Type, Application, , End-User |
|
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
|
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia |
|
Competitive Landscape |
KOELIS (France), Roper Technologies, (CIVCO Medical Solutions) (US), FUJIFILM Holdings Corporation (Japan), Aspen Surgical (US), Siemens Healthineers AG (Germany), Argon Medical Devices (US), InnoFine (China), Hologic, Inc. (US), Remington Medical inc. (US), Geotek Medical (Turkey), Becton, Dickinson and Company (US), Rocket Medical (China), BIRR (Netherlands), weLLgo Medical, Products GmbH (Germany), Sheathing Technologies, Inc. (US), IZI Medical (US), and Advance Medical Designs, Inc. (US). |
|
Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
|
Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Corporate
Office :
Office No.5170, 5th Floor Marvel Fuego, Magarpatta Rd, Pune, 411028
info@insightaceanalytic.com
