Urology devises Market Key Players and Production Information analysis with Forecast 2027 | Conmed Corporation, Olympus Corporation
Urology Devices Market Share Analysis, Current Trends, Competitive Enhancements, Size and Business Outlook for 2021-2027
The Urology Devices market analysis includes market size, upstream situation, market segmentation, price & cost, and industry environment. In addition, the report outlines the factors driving industry growth and the description of market channels. The report begins with an overview of the industry chain structure and describes the upstream. Besides, the report analyses market size and forecast in different geographies, types, and end-use segments, in addition, the report introduces the Urology Devices market competition overview among the major companies and companies’ profiles, besides, market price and channel features are covered in the report.
The global Urology Devices market exhibited moderate growth during 2021-2027. Looking onward, the market is to grow at a CAGR of around 4.3%.
The study contains market share analysis and profiles of players such as GE Healthcare, Ethicon Endo-Surgery (Johnson and Johnson), DEWIMED, Fresenius Medical Care, Fujifilm Holdings, Boston Scientific Corporation, Baxter International Inc., STERIS Corporation, Teleflex Incorporated, DirexGroup, Medtronic PLC, C. R. Bard, Dornier Medtech, Stryker, Cook Medical, Richard Wolf GmbH, Conmed Corporation, Olympus Corporation
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If you are an Urology Devices manufacturer and would like to check or understand the policy and regulatory proposal, designing clear explanations of the stakes, potential winners and losers, and options for development then this article will help you understand the pattern with Impacting Trends.
According to the American Urological Association Foundation (AUAF), benign prostatic hyperplasia (BPH), urinary incontinence (UI), urinary tract infections (UTIS), and kidney and ureteral stones are among the most common urological diseases.
According to the United States Department of Health and Human Services, the overall prevalence of CKD among the American population is about 14%, and almost half of the individuals with CKD suffer from diabetes and/or cardiovascular diseases. Annually, more than 661,000 Americans suffer from kidney failure, and 468,000 patients are given dialysis.
Types of Products:
Urological Cancer and BPH
Pelvic Organ Prolapse
Hospitals and Clinics
Other End Users
The Kidney Disease Segment is Expected to Hold the Highest Market Share
The various kidney diseases include renal cyst, cystic kidney diseases, chronic kidney disease, hemolytic-uremic syndrome, and lupus nephrite, among others. Most of the kidney diseases lead to kidney failure, which requires early diagnosis for prompt treatment.
According to the CDC data, in 2016, nearly 125,000 people in the United States started treatment for end-stage kidney disease (ESKD), and more than 726,000 (2 in every 1,000 people) were on dialysis or were living with a kidney transplant. However, most of the population remains undiagnosed in the early stages, eventually leading to death, worldwide.
Regions and Countries Level Analysis:
North America is Dominating the Market and is expected to do the Same During the Forecast Period
North America currently dominates the market for urology devices, and it is expected to continue its stronghold for a few more years. Benign prostatic hyperplasia (BPH) is among the most untapped segments in the urology market, with several US-based companies working on upgrading their devices in this segment, either by collaboration or acquisition.
In 2018, Boston Scientific Corporation acquired NxThera and its Rezūm benign prostatic hyperplasia device. Additionally, several venture partners, as well as other investors, funded significantly for minimally invasive devices for the treatment of urology diseases. For instance, Zenflow received USD 31.4 million funding, while UroCure, a medical device startup, raised USD 2.5 million for urethral slings, in 2018. The technology was acquired by Endo International's subsidiary, American Medical Systems Holdings.
The report offers an in-depth assessment of the growth and other aspects of the Urology Devices market in important countries (regions), including:
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, etc.)
Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa)
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Highlights of the report:
A complete backdrop analysis, which contains an assessment of the parent Urology Devices market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and expected size of the Urology Devices market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging position segments and regional Urology Devices market
An impartial assessment of the trajectory of the market
References to companies for strengthening their foothold in the market
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Impact and Recovery Analysis of Covid-19:
Under COVID-19 outbreak internationally, this report provides 360 degrees of analysis from supply chain, import and export control to regional government policy and future influence on the industry. Detailed analysis about market status, enterprise competition pattern, advantages and disadvantages of enterprise products, industry development trends (2021-2027), regional industrial layout characteristics and macroeconomic policies, industrial policy has also been included.
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