Press release
International Urology Devices Market Competitive Landscape and Highlighted Key Acquisitions 2023 | Top Industry Players - KARL STORZ GmbH & Co. KG, Olympus Corporation, Medtronic, Boston Scientific Corporation, C. R. Bard, Inc., Cook
Market Research Future has recently declared the expansion of a new research study to its thorough collection of research reports “Worldwide Urology Devices Market Research Report 2018”.The Global Urology Devices Market is driven by rapid development in the medical devices, launch of new devices, and rising prevalence of urological diseases. Furthermore, increasing occurrence of diabetes, cardiovascular diseases & obesity, rising geriatric population, and high healthcare expenditure have fueled the market growth. However, poor reimbursement policies, is the major obstacle in the growth of market.
Urinary tract is the one of the vital system of the body. Urological diseases includes, kidney diseases, prostate problems, urinary tract infections, bladder control problems, and others. Different types of urological devices are present in the market and continuous development is being carried out to develop innovative and better instruments for the treatments.
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Major Restraining Factors affecting the Market Growth
Urology Devices Market is expected to be Fastest Growing Segment
The global urology devices market is categorized on the basis of types, applications, technology, end users, and region.
On the basis of types, the market is 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 is further segmented into peritoneal dialysis, haemodialysis, and others.
Urinary stone treatment device is further segmented into ureteral stents, lithotripsy and others. Urinary incontinence & pelvic organ prolapsed devices is further segmented into sacral neuromodulator, urethral inserts & pessaries, vaginal meshes & slings, and others.
Benign prostatic hyperplasia treatment devices is further segmented into prostatic stents, catheter ablation, and others.
On the basis of technology the market is segmented into minimally invasive surgery, robotic surgery, and others. On the basis of application the market is segmented into benign prostatic hyperplasia, prostate cancer, urinary stones, urinary incontinence and others. On the basis of end users the market is categorized into hospitals, ambulatory services and others.
America accounts for the largest market in the Global Urological Devices
Geographically, America accounts for the largest market in the global urological devices owing to the presence of huge patient population, high healthcare expenditure, and rising diabetic patients. Europe is the second largest market for global urological devices due to increasing government support and increasing geriatric population.
Asia Pacific is the fastest growing market due to the presence of developing countries primarily India and China. However, the Middle East & Africa holds the least market share due to limited development in the healthcare sector.
Major Restraining Factors affecting the Market Growth:
Some of the key players in the market are KARL STORZ GmbH & Co. KG (Germany), Olympus Corporation (Japan), Medtronic (US), Boston Scientific Corporation (US), C. R. Bard, Inc. (US), Cook (US), Fresenius Medical Care AG & Co. KGaA (Germany), Dornier MedTech (Germany), Stryker (US), NIKKISO CO. LTD (Japan), HealthTronics, Inc (US) and others.
The global urology devices market is experiencing extreme competition due to major companies are focusing on the development of the new and advances devices to overcome the disadvantages of the available devices. Some of the leading players have adopted various strategies such as acquisitions and strategic alliances for the growth of the market.
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KARL STORZ GmbH & Co. KG, headquartered in Germany, founded in 1945, a medical company, produces and distributes medical instruments and devices across the world. The company is the leading market player and is one of the leading manufacturers in the field of industrial endoscopy. C-VIEW, IMAGE1 S, and AUTOCON III 400 are some of the major products of the company.
Olympus Corporation, headquartered in Tokyo, is a manufacturer of optics and reprography products. In 2015, the company launched five new urology products: GLIDEWIRE, ShockPulse- SE, UltraTrack Hybrid Guidewire, UroPass Access Sheath full portfolio, and 200 Series Laser Fiber
Major Points form Table of Content
Chapter 1. Report Prologue
Chapter 2. Market Introduction
Chapter 3. Research Methodology
Chapter 4. Market Dynamics
Chapter 5. Market Factor Analysis
Chapter 6. Global Urology Devices Market, By Type
Chapter 7. Global Urology Devices Market, By Treatment
Chapter 8 Global Urology Devices Market, By End User
Chapter 9. Global Urology Devices Market, By Region
Chapter 10. Company Landscape
Chapter 11. Company Profiles
Chapter 12. MRFR Conclusion
Chapter 13. Appendix
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