Global LatexProbe Cover Market, by Type (Disposable and Reusable), by Application(Endocavity Probe Covers, Ultrasound Probe Covers, Transrectal and TransvaginalProbe Covers, General Purpose Probe Covers, and Other), by End User (Hospitals,Ambulatory Surgical Centers, Clinics, and Diagnostic Centers), and by Region(North America, Latin America, Europe, Asia Pacific, Middle East, and Africa),is expected to be valued at US$ 552.76million in 2020 and is expected to exhibit a CAGR of 7.2% over the forecastperiod (2020-2027), as highlighted in a new report published by Coherent MarketInsights.
The rising incidence of crossinfections due to ultrasound procedures is expected to boost growth of thelatex probe cover market over the forecast period. For instance, according tothe data published in the American Journal of Infection Control in 2018,ultrasound procedures such as transvaginal, transrectal, intracavity,tranesophageal, and post-operative wounds carry significant risk of crossinfections. Moreover, a study conducted in 2017 by the NHS Health Scotlandshowed that patients opting for transvaginal scan had 41% higher probability ofgetting positive bacterial cultures and 26% are more likely to be prescribedwith antibiotics within 30 days of ultrasound. Similarly, for patientsundergoing transrectal ultrasounds, the probability of getting positivecultures increased up to 75%.
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Browse 27 Market Data Tables and26 Figures spread through 165 Pages and in-depth TOC on “Latex Probe CoverMarket”- Global Forecast to 2027, by Type (Disposable, and Reusable), byApplication (Endocavity Probe Covers, Ultrasound Probe Covers, Transrectal andTransvaginal Probe Covers, General Purpose Probe Covers, and Other), by EndUser (Hospitals, Ambulatory Surgical Centers, Clinics, and Diagnostic Centers),and by Region (North America, Latin America, Europe, Asia Pacific, Middle East,and Africa).
The increasing prevalence ofcardiovascular diseases (CVD) is expected to propel growth of the latex probecover market over the forecast period. For instance, according to theAustralian Bureau of Statistics (ABS) 2017–18 National Health Survey around 1.2million adults (18 years and over) suffered from cardiovascular diseases (CVD)in Australia in 2017-18.
Key Takeaways of the Global LatexProbe Cover Market:
The global latex probe covermarket is expected to exhibit a CAGR of 7.2% over the forecast period, owing toincreasing prevalence of cardiovascular diseases (CVD). For instance, accordingto the Health Survey for England 2017 Cardiovascular Diseases, 14% of peopleaged 16 and over, reported having cardiovascular disease (CVD).
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Among type, disposable segmentaccounted for largest market share in 2019, owing to increased prevalence ofcancer. According to the American Cancer Society's (ACS) publication, CancerFacts & Figures 2020, around 73,750 adults is expected to be diagnosed withkidney cancer in the U.S. in 2020.
Among application, ultrasoundprobe cover segment accounted for largest market share in 2019, owing toincreasing prevalence of prostate cancer. For instance, according to the CancerResearch UK around 48,487 cases of prostate cancer were reported in the U.K.during 2015-2017.
Key players operating in theglobal latex probe cover market include Cardinal Health, Inc., ParkerLaboratories, Inc., Hartalega Holdings Berhad, Dynarex Corporation, BraunMelsungen AG, McKesson Medical-Surgical Inc., and CIVCO Medical Solutions.
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