openPR Logo
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

12-21-2023 05:09 AM CET | Health & Medicine

Press release from: Global Insight Services

Urology Devices Market

Urology Devices Market

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

Immuno Oncology Drugs Market Projected to Reach $634.1 Billion by 2034, Growing at 17.5% CAGR | Overall Study Report
Immuno Oncology Drugs Market Projected to Reach $634.1 Billion by 2034, Growing …
The Immuno Oncology Drugs Market is rapidly emerging as a transformative segment in the global healthcare industry. These drugs harness the body's immune system to identify and attack cancer cells, offering innovative treatment alternatives to traditional chemotherapy and radiation therapies. Immuno-oncology therapies include monoclonal antibodies, checkpoint inhibitors, cancer vaccines, and cell-based therapies such as CAR-T cells. The growth of this market is primarily driven by advancements in biotechnology, an improved
GLP 1 Market Projected to Reach $221.8 Billion by 2034, Growing at 9% CAGR | Overall Study Report
GLP 1 Market Projected to Reach $221.8 Billion by 2034, Growing at 9% CAGR | Ove …
The GLP 1 Market is experiencing unprecedented growth, fueled by the rising prevalence of type 2 diabetes and obesity globally. GLP-1, or glucagon-like peptide-1 receptor agonists, represents a groundbreaking therapeutic class that improves insulin secretion, reduces glucagon production, and slows gastric emptying. These mechanisms not only enhance glycemic control but also support weight management, making GLP-1 therapies a preferred choice among healthcare providers and patients alike. Over the years, the
Autonomous Bus Market to Expand to $11.6 Billion by 2034, Advancing at 18.8% CAGR | Key Players: EasyMile, Navya, Aurrigo
Autonomous Bus Market to Expand to $11.6 Billion by 2034, Advancing at 18.8% CAG …
Market Overview Autonomous Bus Market is revolutionizing the future of urban mobility through advanced automation technologies. Valued at $2.1 billion in 2024, the market is projected to reach $11.6 billion by 2034, expanding at a strong CAGR of 18.8%. This market focuses on the development and deployment of self-driving buses equipped with cutting-edge sensors, artificial intelligence, and vehicle-to-everything (V2X) communication systems. These buses are designed to improve road safety, enhance passenger
Automotive Tire Market to Attain $976.7 Billion by 2034, Growing at 9.2% CAGR | Key Players: Apollo Tyres, Nokian Tyres, Hankook Tire
Automotive Tire Market to Attain $976.7 Billion by 2034, Growing at 9.2% CAGR | …
Market Overview Automotive Tire Market is experiencing remarkable growth as the industry embraces innovation, sustainability, and digital transformation. Valued at $406 billion in 2024, the market is projected to soar to $976.7 billion by 2034, reflecting a CAGR of 9.2%. This expansion is primarily driven by the surge in global vehicle production, growing consumer preference for durable and high-performance tires, and the increasing adoption of smart tire technologies. The Automotive Tire

All 5 Releases


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