Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 352.52 Million

CAGR (2024-2029)

3.25%

Fastest Growing Segment

Disposable

Largest Market

North America

 

Market Overview

Global Ultrasound Needle Guides Market was valued at USD 352.52 Million in 2023 and is anticipated to project steady growth in the forecast period with a CAGR of 3.25% through 2029. The global healthcare industry has been witnessing significant advancements in medical technology, revolutionizing the way healthcare professionals diagnose and treat patients. Ultrasound imaging, a non-invasive and widely used diagnostic tool, has seen remarkable innovations in recent years, leading to the development of ultrasound needle guides. These devices have gained immense popularity among healthcare practitioners, particularly in interventional procedures. Ultrasound needle guides are precision tools designed to assist healthcare professionals, including physicians, radiologists, and anaesthesiologists, in achieving greater accuracy when performing ultrasound-guided procedures. They are used in a variety of medical applications, such as biopsies, vascular access, regional anaesthesia, and pain management. By enhancing needle visibility and alignment with the ultrasound image, these guides improve the precision and safety of these procedures. The growing preference for minimally invasive procedures, which offer reduced patient discomfort and shorter recovery times, has fueled the demand for ultrasound-guided interventions. This trend has significantly contributed to the market's expansion. Continuous innovation in ultrasound technology has led to the development of advanced needle guide systems that offer improved accuracy and ease of use. These innovations have expanded the scope of applications for ultrasound needle guides, driving market growth. The rising incidence of chronic diseases, such as cancer, has led to an increased need for accurate diagnostic and therapeutic procedures. Ultrasound-guided interventions have played a vital role in the diagnosis and treatment of these conditions, further propelling market growth. The presence of favourable reimbursement policies in various countries has encouraged healthcare facilities to invest in ultrasound needle guides, as these devices not only improve patient outcomes but can also contribute to cost savings in the long run.

Key Market Drivers

Growing Prevalence of Chronic Diseases is Driving the Global Ultrasound Needle Guides Market

The global healthcare landscape is undergoing a significant transformation, with an ever-increasing prevalence of chronic diseases. As these conditions become more prevalent, the demand for precise and minimally invasive medical procedures has surged. One crucial technology contributing to this shift is ultrasound-guided needle placement, often facilitated by ultrasound needle guides. Chronic diseases, such as cardiovascular diseases, diabetes, cancer, and chronic respiratory diseases, have become a major public health concern. The World Health Organization (WHO) reports that chronic diseases are the leading cause of mortality globally, accounting for approximately 71% of all deaths. Furthermore, these conditions are responsible for an enormous economic burden on healthcare systems, representing a considerable percentage of healthcare expenditures. The rise in chronic diseases can be attributed to factors such as an aging population, unhealthy lifestyle choices, and environmental factors.

In the face of the growing burden of chronic diseases, minimally invasive medical procedures are gaining traction. Ultrasound-guided procedures have emerged as a valuable tool for healthcare providers. These procedures involve the use of high-frequency sound waves to create images of the inside of the body, aiding in the diagnosis and treatment of various conditions. Ultrasound-guided needle placement has found applications in a wide range of medical fields, including interventional radiology, anaesthesiology, obstetrics, gynaecology, and more. It allows healthcare professionals to accurately guide needles, catheters, or other medical instruments to specific targets within the body, improving diagnostic accuracy and reducing the risk of complications.

Ultrasound needle guides are essential components of ultrasound-guided procedures. They serve as specialized tools designed to assist healthcare providers in precisely positioning needles or other instruments during medical interventions. These guides help maintain the angle and depth of needle insertion, ultimately enhancing the safety and efficacy of procedures. They are especially valuable in situations where precise placement is critical, such as biopsies, nerve blocks, and vascular access.

Increasing Geriatric Population is Driving the Global Ultrasound Needle Guides Market

The global healthcare landscape is undergoing a significant transformation as the world's population ages. One of the key drivers behind this transformation is the increasing geriatric population. As people live longer and age-related health issues become more prevalent, the demand for advanced medical procedures and diagnostic tools is on the rise. Among these tools, ultrasound needle guides have gained prominence, playing a crucial role in minimally invasive procedures and improving patient outcomes. Ultrasound needle guides are innovative medical devices that assist healthcare professionals in accurately placing needles during various medical procedures. They are particularly useful in ultrasound-guided interventions, such as biopsies, vascular access, and nerve blocks. These devices work in conjunction with ultrasound machines to provide real-time imaging and precise needle placement. They help minimize the margin of error, reduce patient discomfort, and improve overall procedural efficiency.

The world's population is aging at an unprecedented rate. According to the United Nations, the number of individuals aged 60 and over is expected to double by 2050, reaching nearly 2.1 billion. This demographic shift is primarily driven by increased life expectancy and declining birth rates. With aging comes a higher prevalence of chronic diseases, including cancer, cardiovascular issues, and musculoskeletal disorders, which often require diagnostic and therapeutic procedures. This has led to a surge in the demand for ultrasound-guided interventions, further propelling the growth of the ultrasound needle guides market.

Geriatric patients often require diagnostic tests, biopsies, and therapeutic procedures, such as draining fluids or administering medication. Ultrasound-guided interventions are the preferred choice due to their safety and effectiveness, which in turn boosts the need for needle guides. Accurate needle placement is vital to minimize the risk of complications in elderly patients who may have weakened immune systems or comorbidities. Ultrasound needle guides help healthcare providers perform these procedures with greater precision and reduce the chances of complications. Many geriatric patients may not be suitable candidates for open surgical procedures due to their age and overall health. Ultrasound-guided interventions offer a minimally invasive alternative, enhancing patient comfort and recovery times. The elderly population is more likely to suffer from chronic conditions like osteoarthritis, cancer, and cardiovascular diseases. Ultrasound needle guides play a critical role in diagnosing and treating these conditions, making them an integral part of geriatric care.


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Key Market Challenges

Technological Advancements and Competition

One of the primary challenges in the ultrasound needle guides market is the rapid pace of technological advancements and the resulting competition. With new innovations continually emerging, companies need to keep up with the latest developments to stay competitive. This necessitates heavy investments in research and development to create cutting-edge needle guide solutions, putting pressure on profit margins.

Regulatory Hurdles

Stringent regulatory requirements pose another challenge for businesses in this market. The ultrasound needle guides market is heavily regulated, as it directly affects patient safety. Companies must adhere to strict guidelines and standards set by regulatory bodies, such as the FDA in the United States and the CE mark in the European Union. Navigating the complex regulatory landscape can be time-consuming and costly, impacting product launch timelines and profitability.

Healthcare Budget Constraints

The global healthcare landscape is marked by budget constraints, and the ultrasound needle guides market is no exception. Hospitals and healthcare facilities often face budget limitations, leading to price sensitivity when purchasing medical equipment and accessories. Companies in this market need to strike a balance between providing high-quality products and maintaining cost-effectiveness, which can be challenging.

Limited Awareness and Training

The effectiveness of ultrasound-guided procedures heavily depends on the competence of healthcare professionals using the equipment. In some regions, there is limited awareness and training available for healthcare providers on the proper use of ultrasound needle guides. This lack of knowledge can result in suboptimal usage, reducing the benefits of these devices and potentially compromising patient outcomes.

Fragmented Market

The global ultrasound needle guides market is fragmented, with numerous small and medium-sized players competing alongside major industry leaders. The presence of multiple companies can lead to price wars and challenges in establishing a strong market presence. Moreover, consolidation within the market can create uncertainties for both customers and competitors.

Market Access and Distribution

Gaining access to new markets and establishing an effective distribution network is a challenge for companies operating in the global ultrasound needle guides market. The differences in regulatory requirements, cultural factors, and market dynamics from one region to another can complicate market expansion efforts.

Evolving Healthcare Practices

The practice of healthcare is constantly evolving, with new treatment modalities and technologies emerging. In such a dynamic environment, ultrasound needle guides may face challenges in remaining relevant and adaptable to changing clinical needs and practices.

Key Market Trends

Rising Demand for Minimally Invasive Procedures

One of the prominent trends driving the growth of the global ultrasound needle guides market is the increasing demand for minimally invasive medical procedures. Patients and healthcare providers are increasingly opting for less invasive techniques that offer reduced pain, shorter recovery times, and improved precision. Ultrasound-guided procedures enable clinicians to precisely guide needles to target areas, minimizing tissue damage and the risk of complications. This trend is particularly evident in areas such as pain management, where ultrasound-guided nerve blocks have gained popularity.

Growing Adoption of Point-of-Care Ultrasound

Point-of-care ultrasound (POCUS) has become a staple in various healthcare settings, including emergency departments, intensive care units, and outpatient clinics. Ultrasound needle guides are being integrated into POCUS to enhance procedural accuracy and efficiency. This trend is driven by the need for rapid, real-time diagnostic information, and the use of ultrasound needle guides in POCUS is expected to continue to rise as healthcare professionals seek to improve patient care and reduce the need for more invasive procedures.

Technological Advancements and Innovations

The global ultrasound needle guides market is marked by continuous technological advancements and innovations. As manufacturers strive to improve the accuracy, ease of use, and portability of these devices, healthcare professionals can expect a more streamlined and efficient experience. Some of the key innovations include 3D ultrasound guidance, augmented reality overlays, and the development of wireless, handheld ultrasound devices that can be used at the bedside.

Expanding Applications Across Medical Specialties

Ultrasound-guided needle procedures are no longer limited to a single medical specialty. While they have traditionally been associated with anesthesiology and interventional radiology, their use is expanding into various medical fields. For instance, orthopedic surgeons use ultrasound-guided techniques for precise injections into joints and tendons, while obstetricians use them for amniocentesis and other prenatal procedures. The versatility and wide applicability of ultrasound needle guides make them a valuable tool across numerous healthcare disciplines.

Rising Healthcare Expenditure and Infrastructure Development

The global healthcare industry has witnessed a steady increase in healthcare expenditure and infrastructure development. This trend has allowed healthcare facilities to invest in cutting-edge technologies, including ultrasound needle guides, to enhance patient care and improve procedural outcomes. The presence of advanced medical equipment in healthcare facilities has become a crucial aspect of patient satisfaction and quality of care, further driving the market for ultrasound needle guides.

Market Expansion in Emerging Economies

As healthcare infrastructure in emerging economies improves, there is a growing market for ultrasound needle guides. With increasing access to healthcare and a rising middle class, these regions are expected to witness substantial growth in the adoption of ultrasound-guided procedures. Market players are keen to tap into these opportunities and expand their presence in emerging markets.

Segmental Insights

Type  Insights

Based on the category of type, Disposable emerged as the dominant player in the global market for Ultrasound Needle Guides in 2023. Disposable needle guides are convenient and time-efficient. They do not require cleaning, sterilization, or maintenance, which saves precious time during medical procedures. This advantage is particularly crucial in emergency situations or high patient volume settings. While disposable needle guides may have a higher upfront cost, they often prove to be more cost-effective in the long run. Reusable guides demand ongoing expenses for sterilization, maintenance, and replacement, whereas disposables offer a one-time, predictable expense. Disposable needle guides are manufactured under controlled conditions, ensuring consistent quality. Reusable guides can degrade over time, potentially compromising their performance, which is a significant concern for healthcare providers who prioritize accuracy and patient safety. The disposable needle guide trend is being driven by increased adoption across various medical specialties. Clinicians from fields such as radiology, anaesthesiology, and oncology are recognizing the benefits of disposable needle guides in enhancing their procedures. This broader adoption is contributing to the dominance of disposables in the global market.

Application Insights

The Regional Anesthesia segment is projected to experience rapid growth during the forecast period. Regional anesthesia is a medical practice that involves the administration of anesthetic agents to a specific region of the body, effectively blocking nerve signals and providing pain relief for a specific area. Traditional regional anesthesia techniques were performed using anatomical landmarks, but the advent of ultrasound technology has revolutionized the field. Ultrasound-guided regional anesthesia allows healthcare professionals to visualize the precise location of nerves, blood vessels, and other relevant anatomical structures in real-time. The demand for regional anesthesia has been steadily growing over the past decade due to its numerous advantages. Patients benefit from reduced pain, faster recovery times, and a lower risk of complications when compared to general anesthesia. As a result, healthcare providers increasingly prefer regional anesthesia techniques for a wide range of procedures, such as orthopedic surgeries, obstetrics, and pain management.

Regional anesthesia's targeted approach to pain management ensures patient comfort during and after surgery. This has resulted in a higher patient satisfaction rate and a reduction in the need for postoperative pain medication. Ultrasound-guided regional anesthesia minimizes the risk of complications, such as nerve damage or unintended punctures. This safety aspect is particularly appealing to both patients and healthcare providers.


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Regional Insights

North America emerged as the dominant player in the global Ultrasound Needle Guides market in 2023, holding the largest market share in terms of value. North America boasts a robust healthcare infrastructure, with state-of-the-art medical facilities and a highly skilled workforce. This has fostered an environment conducive to the adoption of advanced medical technologies like ultrasound needle guides. The region is home to numerous healthcare technology companies that continually invest in research and development. These innovations have resulted in the development of high-quality ultrasound needle guides that meet the demanding needs of healthcare professionals.

Recent Developments

  • In February 2023, GE HealthCare revealed its agreement to purchase Caption Health, Inc., a company specializing in clinical applications that leverage artificial intelligence to aid in the performance of ultrasound scans for early illness detection.
  • In April 2023, BD, a prominent global producer of medical technology, unveiled a sophisticated new ultrasonic tool featuring a distinctive probe designed to enhance the accuracy of intravenous (IV) insertions for healthcare professionals. The BD Prevue II System incorporates real-time needle depth indicators to address the challenges in IV administration. This system includes the "BD Cue" Needle Monitoring System, compatible with BD Cue Needle Counting-enabled catheters, offering a precise ultrasound visualization of the syringe's path.

Key Market Players

  • CIVCO Medical Solutions
  • Becton, Dickinson and Company
  • GEOTEK MEDICAL
  • JingFang Precision Medical Device (Shenzhen) Co., Ltd.
  • Rocket Medical plc
  • GE HealthCare Technologies, Inc.
  • Mermaid Medical A/S

By Type

By End use

By  Application

By Region

  • Reusable
  • Disposable
  • Hospitals & Clinics
  • Ambulatory Care Centers
  • Others
  • Tissue Biopsy
  • Fluid Aspiration
  • Nerve Block
  • Regional Anesthesia
  • Vascular Access
  • Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Ultrasound Needle Guides Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Ultrasound Needle Guides Market, By Type:

o   Reusable

o   Disposable

  • Ultrasound Needle Guides Market, By End use:

o   Hospitals & Clinics

o   Ambulatory Care Centers

o   Others

  • Ultrasound Needle Guides Market, By Application:

o   Tissue Biopsy

o   Fluid Aspiration

o   Nerve Block

o   Regional Anaesthesia

o   Vascular Access

o   Others

  • Ultrasound Needle Guides Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Ultrasound Needle Guides Market.

Available Customizations:

Global Ultrasound Needle Guides market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Ultrasound Needle Guides Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]               

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Global Ultrasound Needle Guides Market Outlook

4.1.  Market Size & Forecast

4.1.1.     By Value

4.2.  Market Share & Forecast

4.2.1.     By Type (Reusable, Disposable)

4.2.2.     By End use  (Hospitals & Clinics, Ambulatory Care Centers, Others)

4.2.3.     By Application (Tissue Biopsy, Fluid Aspiration, Nerve Block, Regional Anesthesia, Vascular Access, Others)

4.2.4.     By Region

4.2.5.     By Company (2023)

4.3.  Market Map

4.3.1.     By Type

4.3.2.     By End use 

4.3.3.     By Application

4.3.4.     By Region

5.    Asia Pacific Ultrasound Needle Guides Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Type

5.2.2.     By End use 

5.2.3.     By Application

5.2.4.     By Country

5.3.  Asia Pacific: Country Analysis

5.3.1.     China Ultrasound Needle Guides Market Outlook

5.3.1.1.         Market Size & Forecast

5.3.1.1.1.             By Value

5.3.1.2.         Market Share & Forecast

5.3.1.2.1.             By Type

5.3.1.2.2.             By End use 

5.3.1.2.3.             By Application

5.3.2.     India Ultrasound Needle Guides Market Outlook

5.3.2.1.         Market Size & Forecast

5.3.2.1.1.             By Value

5.3.2.2.         Market Share & Forecast

5.3.2.2.1.             By Type

5.3.2.2.2.             By End use 

5.3.2.2.3.             By Application

5.3.3.     Australia Ultrasound Needle Guides Market Outlook

5.3.3.1.         Market Size & Forecast

5.3.3.1.1.             By Value

5.3.3.2.         Market Share & Forecast

5.3.3.2.1.             By Type

5.3.3.2.2.             By End use 

5.3.3.2.3.             By Application

5.3.4.     Japan Ultrasound Needle Guides Market Outlook

5.3.4.1.         Market Size & Forecast

5.3.4.1.1.             By Value

5.3.4.2.         Market Share & Forecast

5.3.4.2.1.             By Type

5.3.4.2.2.             By End use 

5.3.4.2.3.             By Application

5.3.5.     South Korea Ultrasound Needle Guides Market Outlook

5.3.5.1.         Market Size & Forecast

5.3.5.1.1.             By Value

5.3.5.2.         Market Share & Forecast

5.3.5.2.1.             By Type

5.3.5.2.2.             By End use 

5.3.5.2.3.             By Application

6.    Europe Ultrasound Needle Guides Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type

6.2.2.     By End use 

6.2.3.     By Application

6.2.4.     By Country

6.3.  Europe: Country Analysis

6.3.1.     France Ultrasound Needle Guides Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Type

6.3.1.2.2.             By End use 

6.3.1.2.3.             By Application

6.3.2.     Germany Ultrasound Needle Guides Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Type

6.3.2.2.2.             By End use 

6.3.2.2.3.             By Application

6.3.3.     Spain Ultrasound Needle Guides Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Type

6.3.3.2.2.             By End use 

6.3.3.2.3.             By Application

6.3.4.     Italy Ultrasound Needle Guides Market Outlook

6.3.4.1.         Market Size & Forecast

6.3.4.1.1.             By Value

6.3.4.2.         Market Share & Forecast

6.3.4.2.1.             By Type

6.3.4.2.2.             By End use 

6.3.4.2.3.             By Application

6.3.5.     United Kingdom Ultrasound Needle Guides Market Outlook

6.3.5.1.         Market Size & Forecast

6.3.5.1.1.             By Value

6.3.5.2.         Market Share & Forecast

6.3.5.2.1.             By Type

6.3.5.2.2.             By End use 

6.3.5.2.3.             By Application

7.    North America Ultrasound Needle Guides Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By End use

7.2.3.     By Application

7.2.4.     By Country

7.3.  North America: Country Analysis

7.3.1.     United States Ultrasound Needle Guides Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Type

7.3.1.2.2.             By End use 

7.3.1.2.3.             By Application

7.3.2.     Mexico Ultrasound Needle Guides Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Type

7.3.2.2.2.             By End use 

7.3.2.2.3.             By Application

7.3.3.     Canada Ultrasound Needle Guides Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Type

7.3.3.2.2.             By End use 

7.3.3.2.3.             By Application

8.    South America Ultrasound Needle Guides Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By End use 

8.2.3.     By Application

8.2.4.     By Country

8.3.  South America: Country Analysis

8.3.1.     Brazil Ultrasound Needle Guides Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type

8.3.1.2.2.             By End use 

8.3.1.2.3.             By Application

8.3.2.     Argentina Ultrasound Needle Guides Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type

8.3.2.2.2.             By End use 

8.3.2.2.3.             By Application

8.3.3.     Colombia Ultrasound Needle Guides Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type

8.3.3.2.2.             By End use 

8.3.3.2.3.             By Application

9.    Middle East and Africa Ultrasound Needle Guides Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By End use 

9.2.3.     By Application

9.2.4.     By Country

9.3.  MEA: Country Analysis

9.3.1.     South Africa Ultrasound Needle Guides Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Type

9.3.1.2.2.             By End use 

9.3.1.2.3.             By Application

9.3.2.     Saudi Arabia Ultrasound Needle Guides Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Type

9.3.2.2.2.             By End use 

9.3.2.2.3.             By Application

9.3.3.     UAE Ultrasound Needle Guides Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Type

9.3.3.2.2.             By End use 

9.3.3.2.3.             By Application

10.  Market Dynamics

10.1.              Drivers

10.2.              Challenges

11.  Market Trends & Developments

11.1.              Recent Developments

11.2.              Product Launches

11.3.              Mergers & Acquisitions

12.  Global Ultrasound Needle Guides Market: SWOT Analysis

13.  Porter’s Five Forces Analysis

13.1.              Competition in the Industry

13.2.              Potential of New Entrants

13.3.              Power of Suppliers

13.4.              Power of Customers

13.5.              Threat of Substitute Product

14.  Competitive Landscape

14.1.          CIVCO Medical Solutions

14.1.1.          Business Overview

14.1.2.           Company Snapshot

14.1.3.           Product & Services

14.1.4.           Current Capacity Analysis

14.1.5.           Financials (In case of listed)

14.1.6.           Recent Developments

14.1.7.           SWOT Analysis

14.2.    Becton, Dickinson and Company

14.3.    GEOTEK MEDICAL

14.4.    JingFang Precision Medical Device (Shenzhen) Co., Ltd.

14.5.    Rocket Medical plc

14.6.    GE HealthCare Technologies, Inc.

14.7.    Mermaid Medical A/S

15.  Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Ultrasound Needle Guides Market was estimated to be USD 352.52 Million in 2023.

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The Global Ultrasound Needle Guides Market was analyzed for the historical period of 2019 to 2022. While the base year was 2023, estimation for the year 2024 was calculated and the market growth was further forecast for 2025 to 2029.

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CIVCO Medical Solutions, Becton, Dickinson and Company , GEOTEK MEDICAL, JingFang Precision Medical Device (Shenzhen) Co., Ltd., Rocket Medical plc, GE HealthCare Technologies, Inc., Mermaid Medical A/Sare the top players operating in the Global Ultrasound Needle Guides Market in 2023.

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Growing prevalence of chronic diseases and increasing geriatric Population are the major drivers for the Global Ultrasound Needle Guides Market.

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Sakshi Bajaal

Business Consultant
Press Release

Ultrasound Needle Guides Market to Grow with a CAGR of 3.25% through 2029

Feb, 2024

Growing prevalence of chronic diseases and increasing geriatric Population are factors driving the Global Ultrasound Needle Guides Market in the forecast period 2025-2029.