Urology Devices Market Size Is Expected to Exhibit a CAGR of 7.1% By 2023

The MarketWatch News Department was not involved in the creation of this content. Sep 30, 2020 (Heraldkeepers) — Urology Devices Market Research Report: By Types (Dialysis Equipment, Urinary Stone Treatment Devices, Endoscopy Devices, Benign Prostatic Hyperplasia Treatment Devices, Urinary Incontinence & Pelvic Organ Prolapsed), By Technology (Minimally Invasive Surgery And […]

The MarketWatch News Department was not involved in the creation of this content.

Sep 30, 2020 (Heraldkeepers) —
Urology Devices Market Research Report: By Types (Dialysis Equipment, Urinary Stone Treatment Devices, Endoscopy Devices, Benign Prostatic Hyperplasia Treatment Devices, Urinary Incontinence & Pelvic Organ Prolapsed), By Technology (Minimally Invasive Surgery And Robotic Surgery), By Applications (Benign Prostatic Hyperplasia, Prostate Cancer, Urinary Stones, Urinary Incontinence), By End Users (Hospitals, Ambulatory Services And Others) – Global Forecast Till 2023

Urology Devices Market Synopsis

According to the research report published by Market Research Future (MRFR), the global urology devices market is estimated to procure a substantial market value while expanding at a CAGR of 7.1% during the review period from 2017 to 2023.

The growing incidence of kidney stones, prostate cancer, and diabetes is projected to be one of the most significant factors driving the global urology devices market 2020. Further, having multiple sex partners, usage of spermicides and tampons, and menopause are recognized to be other potent causes resulting in urinary tract infections (UTIs), consequently fueling the demand for urological devices. In addition, the incessant ongoing R&Ds to develop and incorporate the latest technologies in urological devices for effectual results are anticipated to boost the market additionally.

Request Free Sample Copy of the report “Global Urology Devices Market Research Report – Forecast to 2027” at: https://www.marketresearchfuture.com/sample_request/1120

However, the expenses associated with the urological devices are predicted to deter the market growth. Conversely, the rising geriatric population with the aforementioned ailments, and increased funds to develop the healthcare sector are estimated to be other commanding factors propelling the urological devices market remarkably.

Urology Devices Market Segmentation

The segment analysis of the global urology devices market is done by types, technology, applications, and end-users.

The type-based segments of the global urology devices market are urinary stone treatment devices, dialysis equipment, endoscopy devices, urinary incontinence & pelvic organ prolapsed devices, benign prostatic hyperplasia treatment devices, and others. The urinary stone treatment devices segment is sub-segmented into lithotripsy, ureteral stents, and others. The dialysis equipment segment is sub-segmented into hemodialysis, peritoneal dialysis, and others. Benign prostatic hyperplasia treatment devices segment is sub-segmented into catheter ablation, prostatic stents, and others. Urinary incontinence & pelvic organ prolapsed devices segment is sub-segmented into urethral inserts & pessaries, sacral neuromodulator, vaginal meshes & slings, and others.

The technology-based segments of the global urology devices market are minimally invasive surgery, robotic surgery, and others.

The applications-based segments of the global urology devices market are benign prostatic hyperplasia, prostate cancer, urinary stones, urinary incontinence, and others

The end-users based segments of the global urology devices market are hospitals, ambulatory services, and others.

Urology Devices Market Regional Analysis

Based on the region, the global market for urology devices is segmented into North America, Europe, APAC, and the Middle East & Africa.

North America is estimated to dominate the global market during the review period. As per the prediction, one of the most significant factors responsible for developing the regional market is the growing incidence of dialysis, and other chronic illnesses. According to Urologic Diseases in America, the US population is estimated to spend USD 11 bn every year to cure urological ailments.

Europe is anticipated to be the second-largest market, and is likely to come at par with North America in the coming period. The increasing awareness about the urological facilities, and improved healthcare infrastructure, is projected to augment the regional market.

The APAC region is estimated to be a potential market owing to the increased incidences of chronic illnesses, and favorable initiatives taken by the government of various emerging economies. Further, developing healthcare infrastructure, and growing R&D in the healthcare sector is anticipated to drive the regional market.

The MEA region is predicted to acquire the least market share. However, the initiatives taken to spread awareness regarding health is estimated to drive the market in the region.

Urology Devices Market Key Players

The renowned players of the global urological market are KARL STORZ GmbH & Co. KG (Germany), Medtronic (US), C. R. Bard, Inc. (the US), Boston Scientific Corporation (US), Cook (US), Dornier MedTech (Germany), Fresenius Medical Care AG & Co. KGaA (Germany), Stryker (US), HealthTronics, Inc (US) and others.

Browse Detailed TOC with COVID-19 Impact Analysis at:https://www.marketresearchfuture.com/reports/urology-devices-market-1120

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.

Contact:

Akash Anand

Market Research Future

+1 646 845 9312

Email: [email protected]

COMTEX_372118024/2582/2020-09-30T12:36:37

Is there a problem with this press release? Contact the source provider Comtex at [email protected] You can also contact MarketWatch Customer Service via our Customer Center.

The MarketWatch News Department was not involved in the creation of this content.

Next Post

Coronavirus, Job Market and Brexit Stresses Darken the Outlook for the British Economic Recovery

The United Kingdom faces a challenging fourth quarter with crises that stretch from fresh corona lockdowns to an expectation of sharply higher unemployment to prolonged negotiations still to come before a Brexit year-end deadline. “We anticipated renewed partial lockdown and more intensive restrictions in the United Kingdom to arrive by […]