Urology Devices market Scenario By Key Companies, Future Trend, Pipeline Projects, Product, Application, Growth And Regional Forecasts To 2024


Posted November 8, 2019 by nita01

Global Market for Urology Devices to Surge at an Above-Average CAGR of 7.1% During 2017 to 2023
 
Global Market for Urology Devices to Surge at an Above-Average CAGR of 7.1% During 2017 to 2023

Increased prevalence of disorders associated with organs such as ureters, urethra, adrenal glands, urinary bladder, ureters and other organs in the urinary system has driven the need for more advanced and cost-effective urology treatments and therapeutics. The number of individuals affected by chronic kidney disorders has also increased in recent years. Changing lifestyle and increased consumption of junk food is partly responsible for the rising number of medical cases associated with urinary system. Factors as such is influencing the global market for urology devices. These devices are used in various surgical treatments including kidney stones surgery, prostate surgery and uninary tract surgery among others. The latest report published by Market Research Future (MRFR) projects that the global market for urology devices will expand at 7.1% CAGR during the assessment period (2017-2023).

Healthcare expenditure per capita has improved globally, at the same time the ratio of geriatric population continues to grow indifferently, which is also playing an important role is driving the market. Over the years, a wide range of novel medical technologies has arrived in the field of urology. Several groundbreaking minimally invasive surgical procedures have also been developed for treating urological disorders. Such incessant progress has led to development of cutting-edge urology devices. Manufacturers are also focusing on developing and designing organ-specific devices that can better assist surgeons in diagnosing and treating disease in any particular organ in the urinary system.

Browse Full Report : https://www.marketresearchfuture.com/reports/urology-devices-market-1120

Latest Industry Trends and News:

Leading medical device manufacturer Olympus has recently announced that the company is plotting to buy Cybersonics, Inc.’s lithotripsy system design and production technology.
The maker of holmium laser brand and a leading kidney stone management specialist Dornier MedTech (Dornier) has recently unveiled an innovative 35-watt laser system for treatment of stones.
Global Market for Urology Devices – Segmental Analysis

Base on types, the market has been segmented into urinary stone treatment devices, benign prostatic hyperplasia treatment devices, dialysis equipment, urinary incontinence & pelvic organ prolapsed devices, endoscopy devices and others. The dialysis equipment segment is further sub-segmented into haemodialysis, peritoneal dialysis and others. The urinary incontinence & pelvic organ prolapsed devices segment is further sub-segment into vaginal meshes & slings, urethral inserts & pessaries, sacral neuromodulator and others. The urinary stone treatment devices segment is further sub-segmented into lithotripsy, ureteral stents and others.  The Benign prostatic hyperplasia treatment devices segment in further sub-segmented into catheter ablation, prostatic stents and others. Based on application, the market has been segmented into prostate cancer, urinary incontinence, benign prostatic hyperplasia, urinary stones and others. Based on technology, the market has been segmented into robotic surgery, minimally invasive surgery and others. By end users, the market has been segmented into ambulatory services, hospital and others.
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Last Updated November 8, 2019