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

Global Urology Devices Market: Synopsis

The report that has been recently published by Market Research Future (MRFR) projects that the global urology devices market is marked to exhibit notable expansion at a CAGR of 7.1% during the forecast period of 2017-2023. Increasing incidences of urological diseases such as kidney stone, urinary tract diseases, prostate cancer, and others are inducing high demand for advanced diagnostic and treatment solutions, leading to the expansion of the global urology devices market. Rapid technological advancement is leading to the development of advanced medical devices that are available at affordable prices, which is also propelling the growth of the global urology devices market.

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Global Urology Devices Market: Key Players

The prime players profiled by MRFR that are operating in the global Urology Devices Market are KARL STORZ GmbH & Co. KG (Germany), Olympus Corporation (Japan), Medtronic (the U.S.), Boston Scientific Corporation (the U.S.), C. R. Bard, Inc. (the U.S.), Cook (the U.S.), Fresenius Medical Care AG & Co. KGaA (Germany), Dornier MedTech (Germany), Stryker (the U.S.), NIKKISO CO. LTD (Japan), HealthTronics, Inc. (the U.S.) and others.

Global Urology Devices Market: Industry Updates

In January 2019, EDAP TMS SA, a leading therapeutic ultrasound, has announced that it has completed the sales of two advanced Focal One High Intensity Focused Ultrasound (HIFU) devices to the leading hospitals in Brazil. These devices will be extensively used by urologists in Hospital 9 de Julho and Hospital Moriah in Brazil.

In January 2019, Accuron Technologies has announced that it will spin out its Accuron Medtech Group, which will be directly owned by Temasek and operate as a leading vertically integrated urology business.

Global Urology Devices Market: Segmental Analysis

The global urology devices market has been segmented on the basis of types, applications, technology, end users and region. Based on types, the global urology devices market has been segmented into dialysis equipment, urinary stone treatment devices, endoscopy devices, benign prostatic hyperplasia treatment devices, urinary incontinence & pelvic organ prolapsed devices, and others. The dialysis equipment segment has been further sub-segmented into peritoneal dialysis, haemodialysis, and others. The urinary stone treatment devices segment has been further sub-segmented into ureteral stents, lithotripsy, and others. The urinary incontinence & pelvic organ prolapsed devices segment has been further sub-segmented into sacral neuromodulator, urethral inserts & pessaries, vaginal meshes & slings, and others. The benign prostatic hyperplasia treatment devices segment has been further sub-segmented into prostatic stents, catheter ablation, and others.

Based on technology, the global urology devices market has been segmented into minimally invasive surgery, robotic surgery, and others. Based on applications, the global urology devices market has been segmented into benign prostatic hyperplasia, prostate cancer, urinary stones, urinary incontinence and others. Based on end users, the global urology devices market has been segmented into hospitals, ambulatory services and others.

Global Urology Devices Market: Regional Analysis

Geographically, the global urology devices market has been segmented into four major regions such as the Americas, Europe, Asia Pacific, and the Middle East and Africa. The Americas command the dominant share of the global urology market owing to the availability of advanced medical devices that aid in providing high-quality treatment in the well-developed healthcare sector, increased adoption of advanced technology for the development optimal treatment solutions, high healthcare expenditure and awareness regarding the availability of advanced medical devices to treat and manage various urological conditions among the population of this region. Increased research along with incorporation of technologically advanced solutions for the development of advanced medical devices is fueling the growth of the urology devices market in the Europe region. Rapid rise in awareness regarding the availability of treatment solutions and increasing adoption of technologically advanced medical devices in the rapidly expanding healthcare sector in the emerging economies are propelling the growth of the urology devices market in the Asia Pacific market.

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