The global urethral stricture market is expected to reach 934.7 Million by 2024 at a CAGR of 7.30% from 2018 to 2024 and top key players are SRS Medical, JenaSurgical GmbH, Boston Scientific Corporation, Cook Medical, Stryker Corporation, KARL STORZ GmbH

Urethral stricture refers to the narrowing of the urethra. This disease causes an inflammation of the urethra that narrows or blocks the passageway through which the urine flows from the bladder. The stricture could be caused due to inflammation, infection, or injury. It is much more common in men than in women. The urethral stricture market could be driven by the increasing prevalence of urethral strictures, rising cases of urolithiasis in the adult population, and the growing incidence of urinary incontinence.
Hypospadias is a common congenital malformation that requires surgical repair, and its long-term management requires a substantial amount of socioeconomic resources. The rising prevalence of hypospadias is of major interest for healthcare providers, clinical medicines, and research. According to a study published by the NCBI in 2016, the mean prevalence for hypospadias in North America was 34.2, followed by 19.9 in Europe, 0.6 to 69 in Asia, and 5.9 in Africa.

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The global urethral stricture market is segmented based on type, condition, cause, treatment, gender, and end user.On the basis of type, the market has been segmented into posterior urethral stricture and anterior urethral stricture.The global urethral stricture market on the basis of cause is divided into hypospadias and epispadias and urinary incontinence.
Based on condition, the market is further segmented into iatrogenic, idiopathic, infection-induced, and trauma. The treatment segment is classified into urethral dilation, direct vision internal urethrotomy (DVIU), and urethroplasty.

Based on gender the market has been divided into male and female.
Based on end user, the market is segmented into hospitals, urologic clinics, and ambulatory surgical centers.
The global urethral stricture market was valued at USD 934.7 million in 2017 and is expected to register a CAGR of 7.30% over the forecast period.

Key Players
SRS Medical, JenaSurgical GmbH, Boston Scientific Corporation, Cook Medical, Stryker Corporation, KARL STORZ GmbH & Co. KG, Olympus Corporation, PENTAX Medical, Healthtronics Inc, Allium Medical Solutions, UROMED, Richard Wolf GmbH, Bard Medical, Lumenis Ltd, and Mukocell
Study objectives

To provide a detailed analysis of the market structure along with a forecast of various segments and sub-segments of the global urethral stricture market
• To provide insights into factors influencing and affecting the market growth
• To provide historical and forecast revenue of market segments and sub-segments with respect to countries

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• To provide strategic profiling of key players in the market, and comprehensively analyzing their market share, core competencies, and drawing a competitive landscape for the market
• To provide economic factors that influence the global urethral stricture market
• To provide a detailed analysis of the value chain and supply chain of the global urethral stricture market
Target Audience
• Medical Devices Manufacturers
• Medical Devices Distributors
• Research and Development (R&D) Companies
• Market Research and Consulting Service Providers
• Potential Investors
Key Findings
• The global urethral stricture market is expected to reach 934.7 Million by 2024 at a CAGR of 7.30% from 2018 to 2024
• On the basis of type, the posterior urethral stricture segment accounted for the major market share of 54.02% and was valued at USD 504.9 million in 2017
• Based on condition, the hypospadias and epispadias segment accounted for the major market share of 50.15% and was valued at USD 468.8 million in 2017
• On the basis of treatment, the urethroplasty segment accounted for the major market share of 35.70% and was valued at USD 333.7 million in 2017
• On the basis of cause, the idiopathic segment accounted for the major market share of 35.6% and was valued at USD 333.6 million in 2017
• On the basis of end user, the hospitals segment accounted for a major market share of 35.6% in 2017 with USD 333.6 million in 2017
• The Americas is expected to hold the largest share of the global urethral stricture market which is expected to reach USD 534.3 million by 2024
• Asia-Pacific is the fastest growing market, which is expected to register a CAGR of 7.92% from 2018 to 2024
Regional Analysis
• Americas
o North America
US
Canada
o South America
• Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o Japan
o China
o India
o Australia
o Republic of Korea
o Rest of Asia Pacific
• Middle East & Africa
o Middle East
o Africa
Table of Contents:

1 Executive Summary
2 Market Introduction
2.1 Scope of Study
2.2 Research Objective
2.3 List of Assumptions
2.4 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Drivers
4.1.1 Introduction
4.1.2 Increasing prevalence of urethral strictures
4.1.3 Rising cases of urolithiasis in the adult population
4.1.4 Growing occurrence of urinary incontinence
4.2 Restraints
4.2.1 High cost of surgical procedure
4.2.2 High rate of complications
4.3 Opportunities
4.3.1 Technologically advanced products

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