Press release
Urology Devices Market is anticipated to grow at a CAGR of 2.7% during the forecast period 2023-2032 | Baxter International, Boston Scientific Corporation, Becton, Dickinson and Company, Olympus Corporation
The global urology devices market was valued at USD 37.9 billion in 2021 and it is anticipated to grow up to USD 49.7 billion by 2031, at a CAGR of 2.7% during the forecast period.Urology devices are medical devices that are used for the treatment of urinary system and kidney diseases such as chronic kidney diseases (CKD), urinary incontinence and pelvic organ prolapse, kidney stone, benign prostatic hyperplasia (BPH) and end stage renal disease (ESRD).
Request Sample Report : https://www.globalinsightservices.com/request-sample/GIS10373/?utm_id=1020
Market Trends and Drivers
Rising incidence and prevalence of urological conditions will augment the market growth. Over the last few decades, the incidence and prevalence of urological conditions, such as chronic kidney disease (CKD), end-stage renal disease (ESRD), urinary incontinence, kidney and ureteral stones, and bladder and prostate cancer, have increased significantly across the globe. According to the Global Forum on Incontinence, 4-8% of the global population (approximately 400 million people) were affected by urinary incontinence in 2018. Urology-related consumables such as urinary catheters are used to manage incontinence, which cannot be treated or managed with medicines or surgery. The prevalence of urinary incontinence is expected to grow due to the growing aging population and the increasing incidence of obesity, as these are the two major risk factors for urinary incontinence. This is expected to fuel the market growth.
Market Restraints and Challenges
High degree of consolidation may hamper the market growth. The top players such as Fresenius Medical Care AG & Co. KGaA (Germany), Baxter International Inc. (US), Olympus Corporation (Japan), Boston Scientific Corporation (US), Becton, Dickinson and Company (US), and Stryker Corporation (US)-in the urology devices market accounted for a combined majority market share in 2019. There is a high degree of competition among the market players. Only major companies can afford high-capital investments as well as the high cost of R&D and manufacturing. This will prevent new entrants from entering this market. New entrants in this market have to compete with existing players and set themselves apart by developing innovative product offerings.
Read Full Research Report : https://www.globalinsightservices.com/reports/urology-devices-market/?utm_id=1020
Major Players in the Global Urology Devices Market
The key players in the market are 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), Medtronic plc (Ireland), Cardinal Health (US), and Teleflex Incorporated (US), among others
Purchase this report and Get a flat 50% Discount : https://www.globalinsightservices.com/checkout/single_user/GIS10373/?utm_id=1020
Reasons to buy Urology Devices Market Report:
• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
New Report Published by Global Insight Services : https://www.globalinsightservices.com/reports/hydrogen-projects-database/?utm_id=1020
Contact Us:
Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Urology Devices Market is anticipated to grow at a CAGR of 2.7% during the forecast period 2023-2032 | Baxter International, Boston Scientific Corporation, Becton, Dickinson and Company, Olympus Corporation here
News-ID: 3334418 • Views: …
More Releases from Global Insight Services
Submersible Pump Market Is Anticipated To Expand From $14.5 Billion In 2024 To $ …
Market Overview
The Submersible Pump Market is anticipated to expand from $14.5 billion in 2024 to $21.8 billion by 2034, registering a steady CAGR of approximately 4.2%. Submersible pumps are designed for submerged operations in various fluids, enabling efficient water extraction, sewage treatment, and oil and gas applications. These pumps are extensively used across sectors such as agriculture, municipal infrastructure, and industrial processes, offering reliable performance in demanding environments. The market's…
Special Mission Aircraft Market Is Anticipated To Expand From $17.3 Billion In 2 …
Market Overview
The Special Mission Aircraft Market is witnessing substantial expansion, driven by the rising need for versatile and technologically advanced aircraft tailored for unique operational roles. These aircraft are not limited to traditional transport duties but are equipped for specific missions such as intelligence gathering, surveillance, reconnaissance, search and rescue, and maritime patrol. As defense and homeland security agencies worldwide focus on enhancing situational awareness and operational efficiency, the Special…
Medical Tourism Market Is Anticipated To Expand From $115.6 Billion In 2024 To $ …
Market Overview
The Medical Tourism Market has emerged as a transformative force within the global healthcare ecosystem, offering patients an affordable and accessible alternative to high-cost treatments in their home countries. It represents a growing trend where individuals travel abroad to receive medical services ranging from elective cosmetic procedures to complex surgeries. The demand surge is primarily fueled by cost-effectiveness, high-quality care, shorter waiting times, and the availability of advanced treatments…
Magnetic Sensor Market Is Anticipated To Expand From $5.42 Billion In 2024 To $1 …
Market Overview
The Magnetic Sensor Market is anticipated to expand from $5.42 billion in 2024 to $12.48 billion by 2034, growing at a CAGR of approximately 8.7%. This rapid growth reflects the rising integration of magnetic sensing technologies across diverse industries such as automotive, consumer electronics, healthcare, and industrial automation. These sensors are essential for detecting magnetic fields and translating them into electrical signals, enabling applications like navigation, position sensing, current…
More Releases for Urology
Urology Laser Market: Revolutionizing Urological Care
The urology laser market is a rapidly growing segment within the broader medical devices industry. It has transformed the way urological conditions are treated, offering precision, efficiency, and minimal invasiveness. As urological disorders continue to affect a significant portion of the global population, the demand for advanced treatments like laser therapies is on the rise. This post delves into the urology laser market, highlighting its size, evolution, trends, growth, and…
Urology Devices Market: Detailed Insights and Forecast for the Future of Urology …
Urology Devices Market 2023 Forecast: Unveiling Opportunities and Growth
Global "Urology Devices Market" is an exploration report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. These bits of knowledge offered in the Urology Devices Market report would benefit request players to define systems for the future and gain a…
Urology specialists in Kakinada | Inodaya
If you are finding for the best doctors to treat bladder stones & urinary Problems, kidney stones and cysts and some renal cancer, Laser prostate surgery, Laser kidney stone surgery with advanced Kidney care and surgical care for all aspects of urology, visit Inodaya Best hospital in Kakinada
The Department of Urology at Inodaya Hospitals offers special packages tailored to a different age, gender and risk groups. Urology is a branch…
Global Urology Endoscopes Market Research Report
This report studies the global Urology Endoscopes market status and forecast, categorizes the global Urology Endoscopes market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia). The major manufacturers covered in this report Ackermann Instrumente AIIM Alltion (Wuzhou) Asap endoscopic EMED Emos Technology Endoservice Optical Instruments ESCAD Medical Günter Bissinger…
Urology Surgical Instruments Market By Product Type Cysto Sheaths, Urology Endos …
Urology surgeries are associated with the treatment of urologic disease or dysfunction of male and female urinary tract. Urologic disease or dysfunction in male include bladder control dysfunction, kidney stones, prostate disorders, nephrectomy, pyeloplasty, ureteral reimplants, and urinary retention. According to the National Kidney Foundation (NKF), in 2016, around 121,678 people were waiting for organ transplants in the U.S., out of which 100,791 were waiting for kidney transplants. According to…
Urology Surgical Instruments Market, By Product Type (Cysto Sheaths, Urology End …
Urology surgeries are associated with the treatment of urologic disease or dysfunction of male and female urinary tract. Urologic disease or dysfunction in male include bladder control dysfunction, kidney stones, prostate disorders, nephrectomy, pyeloplasty, ureteral reimplants, and urinary retention. According to the National Kidney Foundation (NKF), in 2016, around 121,678 people were waiting for organ transplants in the U.S., out of which 100,791 were waiting for kidney transplants. According to…
