Nephrology And Urology Devices Market Industry Outlook and Forecast 2020-2030 | Covid 19 Impact And Recovery

The Business Research Company offers "Nephrology And Urology Devices Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global nephrology and urology devices market is expected to decline from $26.4 billion in 2019 to $22.3 billion in 2020 at a compound annual growth rate (CAGR) of -15.7%. The decline is mainly because of worldwide supply and demand mismatches of resources due to the COVID-19 outbreak. There is an inadequate production of nephrology and urology devices due to the restrictions imposed by governments of various countries to shutdown factories or function with minimal staffing to contain the spread of virus and keep the staff safe. The market is then expected to recover and grow at a CAGR of 5% from 2021 and reach $32.2 billion in 2023.

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The nephrology and urology devices (or) equipment market consists of sales of nephrology and urology devices and related services by entities (organizations, sole traders and partnerships) that produce nephrology and urology devices used in diagnosis and treatment of kidney and genitourinary diseases. This industry includes establishments that produce dialysis devices used during kidney failures and kidney dysfunctioning, urinary stone treatment devices used in treating kidney stones, urinary incontinence & pelvic organ prolapse devices, endoscopy devices and other devices.

Wearable artificial kidney is a new trend shaping the nephrology and urology device market and replaces stationary hemodialysis machines. Traditionally, patients undergoing a renal replacement surgery had to be subjected to large blood cleansing machines, disabling free movement and freedom of living. In 2015, the FDA approved the clinical testing of wearable artificial kidney and in 2017, a prototype was tested in the University of Washington . The nephrology and urology devices market has been discussing the feasibility and development of artificial kidneys since more than a decade, and the future seems to be very promising as the test was successful with positive results

Nephrology And Urology Devices Market Segmentation: -
By Type
Dialysis Devices And Equipment
Urinary Stone Treatment Devices And Equipment
Urinary Incontinence & Pelvic Organ Prolapse Devices And Equipment
Benign Prostatic Hyperplasia (BPH) Treatment Devices And Equipment
Endoscopy Devices And Equipment

By End User
Hospitals And Clinics
Diagnostic Laboratories
Others

By Type of Expenditure
Public
Private

By Product
Instruments/Equipment
Disposables

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Nephrology And Urology Devices Market Characteristics
4. Nephrology And Urology Devices Market Product Analysis
5. Nephrology And Urology Devices Market Supply Chain
......
20. Key Mergers And Acquisitions In The Nephrology And Urology Devices Market
21. Market Background: Medical Equipment Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer

The report covers the trends and market dynamics of the Nephrology And Urology Devices Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the Nephrology And Urology Devices Market are Baxter International Inc; Fresenius Medical Care AG & Co KGaA; Cook Group Incorporated; B. Braun Group; C. R. Bard Inc

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