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Urology Surgical Instrument Market Is Expected to Grow at a High CAGR of 7.6% During Forecast Period 2018-2024

01-11-2019 11:11 AM CET | Health & Medicine

Press release from: BlueWeave Consulting & Research Pvt Ltd.

Urology Surgical Instrument Industry

Urology Surgical Instrument Industry

Global Urology Surgical Instrument market report provides analysis for the period 2012 – 2024, wherein the period from 2018 to 2024 is the forecast period and 2017 as base year. The market study talks about the expected growth of this market with a CAGR over 7.6% during 2018-2024 in terms of value. The given market growth is influenced by numerous reasons such as increase in the healthcare expenditure, growth in geriatric population, increasing pervasiveness in the chronic kidney diseases and urinary tract infections, rise in the male grooming market, and growing investments in hospitals for surgical infrastructure.

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Increase in the healthcare expenditure is one of the key aspects that are driving the market growth. Diseases are becoming increasingly prevalent among people and thus government and non-governmental organizations are taking various initiatives related to the market. Also, due to growing geriatric population who tend to fall prey to these diseases given their low immunity levels is a reason for the rise of this market. Poor lifestyle and the lack of preventive care among people are causing the rise of chronic kidney diseases and UTI among people. Geriatric population are more susceptible towards chronic kidney diseases and UTI. Hence, investments in the healthcare market are also increasing.

The market is expected to see a good growth but there are a few hindrances too. The high cost incurred in buying the urology surgical instruments is the key reason. The products are highly essential in the treatment procedure and thus costs of these products should be affordable so that more and more hospitals can buy the products.

Global Urology Surgical Instrument Market: Scope of the Report

On the basis of the type of product, the market is segmented into consumables & accessories, endovision system, urology endoscope, and peripheral instrument. Based on the application the market is segmented into chronic kidney diseases, urinary stone, BPH, UI & POP oncology, and others. Finally, the report covers the analysis of these segments across North America, Europe, Asia Pacific, and Rest of the World (ROW) along with the qualitative analysis for market estimates that boosts the growth of the global urology surgical instrument market during the forecast period.

The report also highlights the competitive landscape of the global urology surgical instrument market that includes the company overview, the products & offerings, the strategic decisions taken by the company, the launch of new products and financial highlights. The market overview section of the report demonstrates market dynamics such as drivers, restraints, and opportunities that talks about the current nature and future scenario of the said market, key market indicators, end-user adoption analysis. Further, key market indicators included in the report provide the significant factors which are capable to define the market position of global urology surgical instrument market.

Urology Surgical Instrument Market: Competitive Dynamics

Companies, such as KARL STORZ Gmbh & Co, Olympus Corporation, Coloplast A/S, Richard Wolf Gmbh, Cook Medical, Medtronic Plc., Coopersurgical, Inc., and Boston Scientific Corporation are the key players in manufacturing urology endoscopes which are essential for global urology surgical instrument market. In terms of product offerings, KARL STORZ Gmbh& Co is the major player in the market, providing various urology surgical instruments. It offers a range of urology surgical instruments, such as endoscopes, videoscopes, borescopes, flexoscopes, and cameras.

Browse Full Study Report: https://bit.ly/2QEo2Ps

Market Segmentation: Global Urology Surgical Instrument Market:
By Product
• consumables & accessories
• endovision system
• urology endoscope
• peripheral instrument

By Application
• CKD
• urinary stone
• BPH
• UI & POP oncology
• Others

In addition, the report provides analysis of the urology surgical instrument market with respect to the following geographic segments:
• North America
• The U.S.
• Canada
• Rest of North America
• Europe
• Germany
• K.
• France
• Italy
• Spain
• Russia
• Rest of Europe
• Asia Pacific (APAC)
• China
• India
• Japan
• Australia
• South Korea
• ASEAN
• Rest of Asia Pacific

ROW

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BlueWeave Consulting is a one-stop solution for market intelligence regarding various products and services online & offline. We offer worldwide market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solution. BlueWeave has built its reputation from the scratches by delivering quality performance and nourishing the long-lasting relationships with its clients. We are one of the promising digital market intelligence generation company delivering unique solutions for blooming your business and making the morning, more rising & shining!

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