Global Urology Devices Market Research and Forecast, 2018-2023

Global urology devices market size, share, market trends, strategy, research and analysis report by product (instruments, consumables and accessories) by application (urological cancer, benign prostate hyperplasia, kidney disease) forecast 2018-2023

According to OMR analysis, the global urology devices market is estimated to grow with a significant CAGR during the forecast period, 2018-2023. The major factors primarily driving the market includes increasing prevalence of chronic kidney disease, considerable rise in geriatric population and increasing demand for minimally invasive surgery. However, there are some factors restricting the growth of the market includes high cost of urology devices and infection occurred due to urologic equipment.

Furthermore, the global urology devices market is segmented on the basis of product, application, end-user and regional outlook. The report provides detailed & insightful chapters which include market overview, key findings, strategic recommendations, market estimations, market determinants, key company analysis, market insights, company profiling, market segmentation, geographical analysis, analyst insights and predictive analysis of the market.

Full report of global urology devices market is available at https://www.omrglobal.com/industry-reports/urology-devices-market/

Significant prevalence of chronic kidney disease (CKD) is primarily boosting the adoption of urology devices. According to the National Kidney Foundation, CKD leads to more deaths compared to prostate cancer and breast cancer. The disease affects 30 million people in the US, which represents 15% of the adult US population. As per the estimation of the National Kidney Foundation, 1 in 3 Americans is at risk for CKD. It is the 9th major cause of death in the US. The prevalence of CKD is expected to increase more in near future due to the increasing prevalence of high blood pressure and diabetes. These are the two main causes of chronic kidney disease. The major urological causes of CKD comprise reflux nephropathy, obstructive uropathy and kidney aplasia/hypoplasia/dysplasia. This, in turn, is encouraging the demand for urology devices, such as guidewires, biopsy devices for treatment of the condition. Moreover, advances in urology devices were reported, which enables to increase the efficiency of these devices. For instance, in September 2018, Boston Scientific Corporation declared the introduction of LithoVue Empower retrieval deployment device. This is designed to be used with compatible nitinol retrieval basket and LithoVue Single-Use digital flexible ureteroscope that will allow urologists to operate a basket and ureteroscope simultaneously while retrieving kidney stones through flexible ureteroscopy. It is one of several devices offered by the company that enables to address unmet needs and inefficiency during kidney stone procedures. These innovative devices enable to increase the effectiveness of urology procedures, which in turn, is contributing to the growth of the market.

The report covers:
Comprehensive research methodology of global urology devices
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global urology devices market.
Insights about market determinants which are stimulating the global urology devices
Detailed and extensive market segments with regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

For related reports please visit https://www.omrglobal.com/reports-category/medical-devices/

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