Press release
Urology Devices Market is Projected to Reach USD 50.61 Billion by 2030: Cognitive Market Research
Urology Devices Market is Projected to Reach USD 50.61 Billion by 2030: Cognitive Market Research
What are Urology Devices?
Urology devices are medical instruments, tools, and equipment used in the diagnosis, treatment, and management of conditions related to the urinary tract and male reproductive system. They are used by urologists, physicians, and other healthcare professionals to perform various procedures and tests such as urodynamic testing, cystoscopy, lithotripsy, and prostate biopsy. Examples of urology devices include catheters, stents, prostate-specific antigen (PSA) tests, ultrasound machines, extracorporeal shock wave lithotripsy (ESWL) machines, and endoscopes. These devices can be used to treat a wide range of urological conditions, including urinary incontinence, kidney stones, prostate cancer, and urinary tract infections.
Summary:
As per the study of CMR, the Global Urology Devices market is projected to grow from USD 32.21 Billion in 2022 to USD 50.61 Billion by 2030, at a CAGR of 5.7% in the forecast period, 2023-2030.
To know more about The Urology Devices Market statistics click here: https://www.cognitivemarketresearch.com/urology-devices-market-report
Market Dynamics:
What are the driving factors for the Urology Devices market?
The primary growth drivers for the global urology devices market include the increased incidence of renal diseases, rising investments in endoscopy and laparoscopy facilities, and an increasing number of hospitals. The U.S. Department of Health & Human Services estimates that more than one in seven Americans, or 15% of US adults, or 37 million people, have chronic kidney disease. (CKD). People 65 years of age and older frequently have chronic renal disorders. Because so many hospitals provide urology techniques like endoscopy and laparoscopy, patients are increasingly choosing minimally invasive surgeries over other types of surgeries, which is driving the market's expansion.
What are the opportunities and restaurants for the Urology Devices market?
The global urology devices market may also benefit from increased research and development activities for the creation of novel products in the healthcare sector. Additionally, the market will benefit from the rise of the private healthcare industry to meet the demands of the expanding middle-class population. However, the expensive price of urology equipment can restrict market expansion.
Urology Devices Market Segmentation:
Product Type:
• Endoscopes, Endovision Systems & Peripheral Instruments
• Dialysis Products
• Biopsy Devices
• Stents
• Urodynamic Systems
• Urology Guidewires
• Drainage Bags
• Robotic Systems
• Urology Catheters
• Laser & Lithotripsy
• Others
Applications:
• Urological Cancer 7 BPH
• Kidney Diseases
• Pelvic Organ Prolapse
• Others
Based on applications, the market is segmented into Urological Cancer & BPH, Kidney Diseases, Pelvic Organ Prolapse, and others. The kidney disease segment is the dominating segment, owing to the prevalence of chronic kidney diseases. Further, people are aware of the early detection benefits of different diseases, which is also fuelling the growth of the segment.
End User:
• Hospitals
• Dialysis Centers
• Others
The hospital segment is the largest contributor to the global urology devices market. Hospitals and clinics are able to perform both invasive and noninvasive operations because of their substantial infrastructure and ability to provide urology diagnostics treatments, which is fostering the sector's expansion.
Competitive Analysis of Urology Devices Market: Fresenius Medical Care AG Co. KGaA, Karl Storz GmbH Co. Kg, Baxter International Inc., Olympus Corporation, Richard Wolf GmbH, Intuitive Surgical Inc., Dornier Medtech GmbH, Cook Medical Incorporated, Stryker Corporation, Medtronic PLC
Get free sample pages of the latest published Urology Devices Market Report: https://www.cognitivemarketresearch.com/urology-devices-market-report#request_sample
Urology Devices Market Regional Analysis:
North America is dominating the global urology devices market and is projected to maintain its dominance over the forecast period. This is due to the increasing number of patients with chronic kidney disease, growing demand for minimally invasive surgeries, the strong presence of major market players, and increasing investment in research and development in the healthcare sector for developing advanced technology-based healthcare devices.
Urology Devices Market Industry News:
Olympus Launched the Soltive SuperPulsed Thulium Fiber Laser System for Urology (June 2020)
Olympus, a global company, involved in designing and delivering innovative solutions for surgical procedures, announced the launch of the Soltive SuperPulsed Laser System (Soltive Laser System), a new application of thulium fiber laser technology designed for stone lithotripsy and soft tissue applications.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Urology Devices Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Urology Devices Market Segmentation
1.5.1 Urology Devices Market Regional Fragmentation
1.5.1 Urology Devices Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Urology Devices Market
• 3.1 Global Urology Devices Market Size 2018 - 2030, (USD Million)
• 3.2 Global Urology Devices Value, Absolute & Opportunity Analysis
• 3.3 Global Urology Devices Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Urology Devices Market Statistics 2022: Snapshot
Chapter 4 Global Urology Devices Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Urology Devices Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Urology Devices Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Urology Devices Market by End User Segmentation Analysis (2018-2030)
Chapter 12 Global Urology Devices Market Regional Analysis
Chapter 13 North America Urology Devices Market Outlook (2018 - 2030)
Chapter 14 Europe Urology Devices Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Urology Devices Market Outlook (2018 - 2030)
Chapter 16 Latin America Urology Devices Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Urology Devices Market Outlook (2018 - 2030)
Chapter 18 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about The Urology Devices Market TOC click here: https://www.cognitivemarketresearch.com/urology-devices-market-report#table_of_contents
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• Urology Ultrasound Equipment- https://www.cognitivemarketresearch.com/urology-ultrasound-equipment-market-report
• Urology Surgery Laser Market- https://www.cognitivemarketresearch.com/urology-surgery-laser-market-report
• Urology Lasers Market- https://www.cognitivemarketresearch.com/urology-lasers-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
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Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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