The global Ultrasound Gels market garnered revenue around USD 310.2 Million in 2019 and projected to reach USD 570.1 Million in 2027, with at a compound annual growth rate (CAGR) 7.1% throughout the estimate period from 2020 to 2027. Medical gels are consumables used for various therapeutic and diagnostic purposes in healthcare. Ultrasound gels, ECG gels, surgical lubricant gels & catheter gels, obstetric gels, and soothing gels are various types of medical gels. Ultrasound gels act a conductive medium between the ultrasound probe and the patient’s skin, while ECG gels aid transmission of electro activity by acting as a coupling between electrodes and the skin. Catheter gels are used to lubricate catheters that are used during catheterization and surgical procedures.
Increase in number of diagnostic and surgical procedures and rise in prevalence of chronic diseases such as cardiovascular diseases, diabetes, obesity, and others are expected to drive the ultrasound gels market during the forecast period. Furthermore, rise in geriatric population is projected to support the growth of ultrasound gels market during the forecast period.According to the World Health Organization (WHO), the global geriatric population was around 524 million in 2010 and is anticipated to reach 1.5 billion by 2050. According to the U.S. Census Board, people older than 65 years represented around 13% of the total population; this percentage is expected to grow at an estimated 20% by 2030.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Ultrasound Gels market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Ultrasound Gels market growth.
The global Ultrasound Gels market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
the ultrasound gels market are 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), and Medvat
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Global Ultrasound Gels Market: Segmentation
Ultrasound Gels Market, by Type
Ultrasound Gels Market, by Product
Ultrasound Gels Market, by End User
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope: