Market Size of Bladder Scanners Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 159.66 Million |
Market Size (2029) | USD 214.67 Million |
CAGR (2024 - 2029) | 6.10 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Bladder Scanners Market Analysis
The Bladder Scanners Market size is estimated at USD 159.66 million in 2024, and is expected to reach USD 214.67 million by 2029, growing at a CAGR of 6.10% during the forecast period (2024-2029).
A bladder scanner is a non-invasive ultrasound device or 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. The increasing prevalence of urological diseases is driving the growth of the bladder scanner market.
The growing burden of cancer related to the urinary tract creates the need for diagnostics and scanning devices and thus propels the growth of the market. For instance, according to the data published by the American Society of Clinical Oncology (ASCO) in March 2023, an estimated 82,290 adults (62,420 men and 19,870 women) in the United States were diagnosed with bladder cancer in 2023. Similarly, according to the data by the National Cancer Institute (NCI) published in December 2022, bladder cancer was the sixth most common cancer, with around 81,180 new cases in 2022 in the United States. The same source also stated that bladder cancer is more common in men than women. Men have a roughly 1 in 27 chance of developing bladder cancer during their lifetime, and women have a 1 in 89 chance. Thus, an increase in the burden of bladder cancer is expected to augment the demand for bladder scanners, thereby boosting the market growth during the forecast period.
Also, the presence of technologically advanced bladder scanners in the market is expected to propel the market's growth. For instance, the BioCon-1100 bladder scanner developed by Mcube Technology is designed to provide accurate, non-invasive bladder volume measurements, aiding healthcare professionals in their diagnostic and treatment processes. The device scans in approximately 2 seconds, allowing for efficient patient assessments and minimal discomfort. Thus, the presence of such technologically advanced products in the market is expected to propel the market growth.
Moreover, in December 2022, Otsuka Pharmaceutical Factory launched Lilium One, a medical bladder scanner specialized for single measurement that measures urine volume in the bladder. Thus, such developments are also expected to boost the market's growth.
Thus, the high burden of urological conditions and technological advancement in scanners will propel the market's growth during the forecast period. However, stringent regulatory reforms are expected to hinder market growth during the forecast period.
Bladder Scanners Industry Segmentation
As per the scope of the report, 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. The bladder scanner market is segmented by product, end-user, and geography. By product, the market is segmented into bench-top bladder scanners, portable bladder scanners, and handheld bladder scanners. By end user, the market is segmented into hospitals, diagnostic centers, and other end users. By geography, the market is segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. The report also covers the estimated market sizes and trends for 17 countries across major global regions. The report offers the value (in USD) for the above segments.
By Product | |
Bench Top Bladder Scanners | |
Portable Bladder Scanners | |
Handheld Bladder Scanners |
By End User | |
Hospitals | |
Diagnostic Centers | |
Others |
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Bladder Scanners Market Size Summary
The bladder scanner market is poised for significant growth, driven by the increasing prevalence of urological diseases and advancements in technology. Bladder scanners, which are non-invasive ultrasound devices, play a crucial role in diagnosing and managing urinary outflow dysfunctions by providing detailed images and volume measurements of the bladder. The rising incidence of bladder cancer and other urinary tract conditions is creating a heightened demand for these diagnostic tools. Technological innovations, such as the development of advanced devices like the BioCon-1100 and Lilium One, are further propelling market expansion by offering accurate and efficient scanning capabilities. Despite the promising growth trajectory, the market faces challenges from stringent regulatory reforms that could potentially hinder its progress.
The market is characterized by moderate competition, with key players like GE Healthcare Inc., Roper Technologies Inc. (Verathon Inc.), and Mcube Technology Co. Ltd. leading the charge. The introduction of portable bladder scanners, which offer user-friendly, cost-effective, and non-invasive solutions, is expected to drive segmental growth. North America is anticipated to witness substantial market growth due to high healthcare expenditure and the increasing prevalence of urological disorders. The adoption of artificial intelligence in bladder scanning devices is enhancing workflow and diagnostic accuracy, further boosting market prospects. Product launches and strategic collaborations among market participants are also contributing to the competitive landscape, ensuring sustained growth in the bladder scanner market.
Bladder Scanners Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Prevalence of Urology Related Disorders
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1.2.2 Technological Advancements in Bladder Scanner
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1.3 Market Restraints
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1.3.1 Stringent Regulatory Reforms
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD)
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2.1 By Product
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2.1.1 Bench Top Bladder Scanners
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2.1.2 Portable Bladder Scanners
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2.1.3 Handheld Bladder Scanners
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2.2 By End User
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2.2.1 Hospitals
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2.2.2 Diagnostic Centers
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2.2.3 Others
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Italy
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2.3.2.5 Spain
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2.3.2.6 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 South Korea
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2.3.3.6 Rest of Asia-Pacific
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2.3.4 Middle East and Africa
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2.3.4.1 GCC
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2.3.4.2 South Africa
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2.3.4.3 Rest of the Middle East and Africa
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2.3.5 South America
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2.3.5.1 Brazil
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2.3.5.2 Argentina
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2.3.5.3 Rest of South America
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Bladder Scanners Market Size FAQs
How big is the Bladder Scanners Market?
The Bladder Scanners Market size is expected to reach USD 159.66 million in 2024 and grow at a CAGR of 6.10% to reach USD 214.67 million by 2029.
What is the current Bladder Scanners Market size?
In 2024, the Bladder Scanners Market size is expected to reach USD 159.66 million.