Urology Devices Market Size is Projected to Reach $52.4 billion by 2029, Growing at a CAGR of 4.1%

In a recently released analysis titled "Urology Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2029," Exactitude Consultancy, a reputable market research firm, provided data. The report offers a thorough overview of the market, including data on market size, trends, and growth projections for the global Urology Devices market. The study highlights the most recent developments in the industry and provides competitor and geographical analysis.

"Urology devices market is expected to grow at more than 4.1% CAGR from 2022 to 2029. It is expected to reach above USD 52.4 billion by 2029 from USD 36.5 billion in 2020."

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**Note - Updated Version 2023 is available

► Growth Drivers

An increase in hospitals and financial support for endoscopic and laparoscopy equipment

Hospitals are increasingly offering urology procedures like endoscopy and laparoscopy as patient preference for minimally invasive procedures rises. In addition to investing in new technology, hospitals that currently have endoscopic equipment are also expanding their endoscopy sections. All parts of the world experience this situation. Fairfield General Hospital inaugurated the Greater Manchester Endoscopy Modular Unit in Bury in January 2022. The Greater Manchester Health and Social Care Partnership has specifically requested the unit to support the delivery of endoscopic services in the wake of the pandemic interruption.

► Who are the major players in this industry?

Fresenius Medical Care AG & Co. KGaA (Germany), Baxter International Inc. (US), Boston Scientific Corporation (US), Becton, Dickinson, and Company (US), Olympus Corporation (Japan), B. Braun Melsungen AG (Germany), Stryker Corporation (US), KARL STORZ (Germany), Cook Medical (US), Intuitive Surgical, and others.

► Recent Developments in Urology Devices Market

Recent developments in Urology Devices industry, even after market report release, support market trends outlined in analysis.

» On 6 September 2022, GSK plc announced that FDA convened a conference of the Cardiovascular and Renal Drugs Advisory Committee to revisit the New Drug Application (NDA) for daprodustat, an oral hypoxia-inducible element prolyl hydroxylase inhibitor (HIF-PHI) under regulatory scrutiny for the possible therapy of anemia due to Chronic Kidney Disease (CKD) in elderly patients who are on dialysis and not on dialysis.

» On 15 June 2022, Boston Scientific Corporation announced a definitive agreement with Synergy Innovation Co., Ltd to purchase its majority stake (approximately 64 percent) in M.I.Tech Co., Ltd, a publicly listed Korean distributor and manufacturer of medical equipment for endoscopic and urologic processes.

► What exactly does market segmentation cover?

Urology Devices Market By Product, 2020-2029, (USD Million)

» Dialysis

» Endoscopes

» Lasers

» Lithotripsy

» Robotic Systems

Urology Devices Market By Application, 2020-2029, (USD Million)

» Kidney Diseases

» Urological Cancer

» BPH

Urology Devices Market By End User, 2020-2029, (USD Million)

» Hospital

» Dialysis Center

» Homecare

► Regional Analysis of the Urology Devices Market

The market development, current market trends, and some research methodologies are all covered in the Urology Devices Industry research report. It draws attention to crucial aspects like product portfolios, software architectures, and production strategies that have a direct impact on the market. Our research shows that even minor changes to a product's qualities can have a big impact on the previously mentioned criteria.

► Key Geographical Regions

» North America (US, Canada)

» Europe (Germany, UK, France, Italy, Spain)

» Asia-Pacific (China, Australia, Japan)

» Middle East and North Africa

» Latin America               

► Table of Content:

1 Study Reporting
1.1 Urology Devices Product
1.2 Key Segments in This Study
1.3 Key Companies Covered
1.4 Market by Type
1.4.1 Global Urology Devices Market Size Growth Rate by Type
1.5 Market by Application

2 Executive Instantaneous
2.1 Global Urology Devices Market Size
2.1.1 Global Urology Devices Revenue
2.1.2 Global Urology Devices Production
2.2 Urology Devices Growth Rate (CAGR)
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio
2.3.2 Key Urology Devices Manufacturers
2.3.2.1 Urology Devices Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers Urology Devices Product Offered
2.3.2.3 Date of Manufacturers Enter into Urology Devices Market
2.4 Key Trends for Urology Devices Markets & Products

3 Market Size by Manufacturers
3.1 Urology Devices Production by Manufacturers
3.2 Mergers & Acquisitions, Expansion Plans

4 Urology Devices Production by Regions

4.1 Global Urology Devices Production by Regions
4.1.1 Global Urology Devices Production Market Share by Regions
4.1.2 Global Urology Devices Revenue Market Share by Regions
4.2 United States
4.2.1 United States Urology Devices Production
4.2.2 United States Urology Devices Revenue
4.2.3 Key Players in United States
4.2.4 United States Urology Devices Import & Export
4.3 Europe
4.3.1 Europe Urology Devices Production
4.3.2 Europe Urology Devices Revenue

5 Urology Devices Consumption by Regions

5.1 Global Urology Devices Consumption by Regions
5.1.1 Consumption by Regions
5.1.2 Consumption Market Share by Regions
5.2 North America
5.2.1 North America Consumption by Application
5.2.2 North America Consumption by Countries
5.2.3 United States
5.2.4 Canada
5.2.5 Mexico
5.3 Europe
5.3.1 Europe Consumption by Application
5.3.2 Europe Consumption by Countries
5.3.3 Germany
5.3.4 France
5.3.5 UK
5.3.6 Italy
5.3.7 Russia
5.4 Asia Pacific
5.4.1 Asia Pacific Consumption by Application
5.4.2 Asia Pacific Consumption by Countries
5.5.1 Central & South America) Consumption by Application
5.5.2 Central & South America Consumption by Country

6 Market Size by Type
6.1 Production by Type
6.2 Revenue by Type
6.3 Price by Type

7 Market Size by Application
7.1 Overview
7.2 Global Urology Devices Breakdown Dada by Application
7.2.1 Global Urology Devices Consumption by Application
7.2.2 Global Urology Devices Consumption Market Share by Application

8 Manufacturers Profiles
9 Production Forecasts
9.1 Urology Devices Production and Revenue Forecast
9.1.1 Global Urology Devices Production Forecast
9.1.2 Global Urology Devices Revenue Forecast
9.2 Urology Devices Production and Revenue Forecast by Regions
9.2.1 Global Urology Devices Revenue Forecast by Regions
9.2.2 Global Urology Devices Production Forecast by Regions
9.3 Urology Devices Key Producers Forecast
9.3.1 United States
9.3.2 Europe
9.3.3 China
9.3.4 Japan
9.4 Forecast by Type
9.4.1 Global Urology Devices Production Forecast by Type
9.4.2 Global Urology Devices Revenue Forecast by Type

10 Consumption Forecast
10.1 Urology Devices Consumption Forecast by Application
10.2 Urology Devices Consumption Forecast by Regions
10.3 North America Market Consumption Forecast
10.3.1 North America Urology Devices Consumption Forecast by Regions
10.3.2 United States
10.3.3 Canada
10.3.4 Mexico
10.4 Europe Market Consumption Forecast
10.4.1 Europe Urology Devices Consumption Forecast by Regions
10.4.2 Germany
10.4.3 France
10.4.4 UK
10.4.5 Italy
10.4.6 Russia
10.5 Asia Pacific Market Consumption Forecast
10.5.1 Asia Pacific Urology Devices Consumption Forecast by Regions
10.5.2 China
10.5.3 Japan
10.5.4 South Korea
10.5.5 India
10.5.6 Australia
10.5.7 Indonesia
10.5.8 Thailand
10.5.9 Malaysia
10.5.10 Philippines
10.5.11 Vietnam
10.6 Central & South America Market Consumption Forecast
10.6.1 Central & South America Urology Devices Consumption Forecast by Regions
10.6.2 Brazil
10.7 Middle East and Africa Market Consumption Forecast
10.7.1 Middle East and Africa Urology Devices Consumption Forecast by Regions
10.7.2 GCC Countries
10.7.3 Egypt
10.7.4 South Africa

11 Value Chain and Sales Channels Analysis
11.1 Value Chain Analysis
11.2 Sales Channels Analysis
11.2.1 Urology Devices Sales Channels
11.2.2 Urology Devices Distributors
11.3 Urology Devices Customers

12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
12.1 Market Opportunities and Drivers
12.2 Market Challenges
12.3 Market Risks/Restraints
12.4 Key World Economic Indicators

13 Key Findings in the Global Urology Devices Study

14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer

Continue….

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► Research Methodology

The report is based on data analysis strategies by skilled data analysts. The research methodology involves collecting and analyzing information to provide significant market predictions. Interviews with market influencers make primary research relevant and practical. The secondary method provides a direct insight into demand and supply. Both primary and secondary data collection methods are used, along with publicly available sources like annual reports and white papers, to provide a comprehensive understanding of the market. The report offers precise data analysis and a comprehensive market tour.

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