Ultrasound Needle Guides Industry Overview

The report "Ultrasound Needle Guides Market by Type (Reusable, Disposable), Application (Tissue Biopsy, Fluid Aspiration, Nerve Block, Regional Anesthesia, Vascular Access), End User (Hospitals, Clinics, ASC, Diagnostic Imaging Centers) - Global Forecast to 2027", is projected to reach USD 369 million by 2027 from USD 274 million in 2022, at a CAGR of 6.1%.

Gather more insights about the market drivers, restrains and growth of the  Ultrasound Needle Guides Market

The use of needle guides in ultrasound-assisted biopsies has become fairly widespread in recent years. Placing a guide over the ultrasound probe is thought to prevent deviation of the biopsy needle from its predetermined track, which conceptually should lead to fewer complications. Ultrasounds are used to perform multiple types of interventions, such as biopsies and ultrasound-guided aspirations. Ultrasound-guided needles are used to secure needle alignment with the ultrasound transducer. Designed to keep the needle within the sound beam for increased visualization, ultrasound needle guides simplify procedures. The use of a needle guide improves biopsy adequacy and is associated with reduced rates of minor complications in native biopsies.

Based on type, The disposable needle guides segment accounted for the largest share of the global ultrasound needle guides market

Based on type, the ultrasound needle guides market is segmented into reusable needle guides and disposable needle guides. The disposable needle guides segment accounted for the largest share of the global ultrasound needle guides market in 2021 as disposable needle guides are designed to correspond with on-screen system guidelines, directing instruments for accurate placement.

Based on end user, the hospital segment is expected to dominate the ultrasound needle guides market

Based on end user, the ultrasound needle guides market is segmented into hospitals and clinics, ambulatory surgical centers, diagnostic imaging centers, and other end users. The hospital segment is expected to dominate the ultrasound needle guides market during the forecast period. growing healthcare sector in emerging economies, the increasing out-of-pocket healthcare expenditure across the world, and the rising demand for ultrasound procedures further increase the preference for ultrasound needle guides among physicians.

The Asia Pacific market is expected to grow at a higher CAGR during the forecast period

The APAC market is expected to grow at the highest rate during the forecast period. Factors such as the rising prevalence of target diseases, and the ongoing trend of device miniaturization. However, factors such as the stringent government regulations related to the OB/GYN applications of ultrasound, limited availability of medical reimbursements for ultrasound, and the shortage of trained and skilled sonographers are expected to hamper the growth of the Asia Pacific ultrasound needle guides market during the forecast period.

Key players in the ultrasound needle guides market 

The prominent players in the ultrasound needle guides market are 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), and Advance Medical Designs, Inc. (US).The study categorizes the ultrasound needle guides market into following segments and sub-segments:

By Type

• Disposable Needle Guides
• Reusable Needle Guides

By Application

• Tissue Biopsy
• Fluid Aspiration
• Vascular Access Procedures,
• Nerve Block and Regional Anesthesia
• Other Applications

By End User

• Hospitals and Clinics
• Ambulatory Surgical Centers
• Diagnostic Imagig Centers
• Other End Users

By region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market Share Insights

• In April 2022, Audax Private Equity has invested in Aspen Surgical. This investment has helped Audax to support Aspen as it pursues imminent organic growth and larger-scale acquisition opportunities to expand globally as a leading provider of single-use surgical products to acute care and surgical settings.
• In March 2021, Aspen Surgical has acquired Bluemed Medical Supplies. The acquisition of BlueMed has strengthened Aspen’s broad portfolio of surgical disposables and patient and staff safety products sold in the acute care market.

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