Urology ultrasounds are excellent diagnostic as well as therapeutic
tools for urological disorders. Urology ultrasounds are used to
visualize anatomies such as prostate, bladder, and kidney. These
ultrasounds are also used for interventional purposes, which include
biopsy and ablation therapy. The high-intensity focused ultrasound
imaging (HIFU) urology ultrasounds are used as therapeutic
application for tumor ablation.
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The number of diagnostic procedures using urology ultrasounds as a
primary imaging modality is increasing exponentially, primarily due
to ease of testing, lack of ionizing radiation, and higher
cost-efficiency. Major manufacturers are focusing on technological
advancements to miniaturize devices, which is a growing trend in the
global urology ultrasound market. Low capital maintenance, reduced
time for diagnostic procedure, precise and reliable diagnosis owing
to integrated systems, and higher uptime are likely drivers of the
global urology ultrasound market. However, limited availability of
radiologists are likely to restrain the global urology ultrasound
market during the forecast period. Technological innovations such as
remote monitoring technology, intelligent patient positioning, fusion
of imaging modalities, virtual navigators, and electronic health
record systems is likely to create excellent opportunity for business
expansion in the global urology ultrasound market.
The global urology ultrasound market can be classified based on
technology, product type, application, end-user, and region. In terms
of technology, the global urology ultrasound market can be
categorized into 2-D and 3-D imaging, high-intensity focused
ultrasound imaging (HIFU), 4-D imaging, Doppler imaging, and
lithotripsy imaging. Based on product type, the global urology
ultrasound market can be divided into ultrasound systems,
transducers, and accessories. The ultrasound systems sub-segment is
further bifurcated into portable ultrasounds and on-the platform
ultrasounds. In terms of application, the global urology ultrasound
market can be segmented into tumor ablation, urolithiasis, renal
treatment, scrotal imaging, transrectal ultrasound (TRUS) biopsy,
erectile dysfunction treatment, and others. Based on end-user, the
global urology ultrasound market can be divided into ambulatory care
centers, hospitals, diagnostic centers, and others. The diagnostic
centers sub-segment is likely to expand at a relatively high CAGR
during the forecast period. Expansion of the segment can be
attributed to growing patient preference due to ease of reach and
increase in reimbursement coverage.
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Based on region, the global urology ultrasound market can be
categorized into North America, Europe, Asia Pacific, Latin America,
and Middle East & Africa. The U.S. is likely to account for a
dominant share of the global urology ultrasound market due to
favorable reimbursement policies, significant adoption of
technologically advanced software modalities, and increase in
government initiatives to raise patient awareness for early
diagnosis. Europe is another key region in the global urology
ultrasound market due to established distribution networks of local
manufacturers in this region. The market in Asia Pacific is
anticipated to expand by 2026 due to increase in health care
expenditure, improving infrastructure as an effect of rising
investments in the health care industry, and growth in the number of
patients with urological disorders, among others. High patient
preference for ultrasounds as a primary imaging modality in China and
India has induced major players to expand their business in these
countries through strategic distribution agreements with local
distributors having significant regional presence.
Key players operating in the global urology ultrasound market include
GE Healthcare (General Electric Company), Esaote SpA, Shenzhen
Mindray Bio-Medical Electronics Co., Ltd., BK Ultrasound, Hitachi,
Ltd., Verathon Inc., LABORIE, and Samsung Medison.
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