Nephrology And Urology Devices Market 2024-2033 : Industry Analysis, Size, Share, Growth And Forecast | Baxter International Inc., Fresenius Medical Care AG & Co. KGaA, Cook Group Incorporated

"The nephrology and urology devices market size has grown strongly in recent years. It will grow from $18.3 billion in 2023 to $19.43 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to aging population, high prevalence of urological disorders, chronic kidney disease (ckd) management, healthcare reimbursement.

The nephrology and urology devices market size is expected to see strong growth in the next few years. It will grow to $24.47 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to telemedicine and remote consultations, personalized medicine, value-based care, emerging markets growth, artificial intelligence (AI) integration. Major trends in the forecast period include minimally invasive procedures, remote monitoring and telehealth, 3D printing of urological implants, smart catheters and drainage devices, home dialysis solutions.

Market Overview -
Nephrology and urology devices are used in the diagnosis and treatment of kidney and genitourinary diseases.

Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=1975&type=smp

Growing Prevalence Of Kidney And Urinary Tract Diseases Drives Expansion Of Nephrology And Urology Devices Market
The rising prevalence of kidney and urinary tract diseases is expected to propel the growth of the nephrology and urology devices market going forward. Kidney and urinary tract ailments encompass a range of health issues impacting the kidneys, ureters, bladder, and urethra. Medical devices in nephrology and urology are frequently employed to address kidney and urinary system conditions, including chronic kidney disease (CKD) and end-stage renal disease (ESRD). For instance, in June 2023, according to Kidney Research UK, a UK-based charitable organization that conducts research and advocacy efforts to improve understanding, prevention, and treatment of kidney diseases, an estimated 7.19 million people in the UK were affected by chronic kidney disease in 2023, representing more than 10% of the UK population and projected to increase to 7.61 million people by 2033. Therefore, the rising prevalence of kidney and urinary tract diseases will fuel the growth of the nephrology and urology devices market.

Competitive Landscape -
Major companies operating in the nephrology and urology devices market include Baxter International Inc., Fresenius Medical Care AG & Co. KGaA, Cook Group Incorporated, B. Braun Group, C. R. Bard Inc., Boston Scientific Corporation, Coloplast Private Limited, Convatec Group plc, Hollister Incorporated, Teleflex Incorporated, J and M Urinary Catheters LLC, NxStage Medical Inc., Olympus Corporation, Stryker Corporation, Karl Storz Se & Co. KG, Richard Wolf GmbH, Becton, Dickinson and Company, Terumo Corporation, Uromed Kurt Drews KG, Urocare Products Inc., Urotech GmbH, Wellspect Healthcare AB, Medtronic plc, Dornier MedTech GmbH, Nikkiso Co. Ltd., Siemens Healthineers AG, Nipro Corporation, Urologix LLC, Johnson & Johnson, Abbott Laboratories.

Strategic Partnerships Drive Innovation In Nephrology And Urology Device Markets
Major companies operating in the nephrology and urology devices market are forming partnerships to develop new relationships between two or more organizations. Strategic partnerships refer to collaborative agreements between organizations or companies aimed at achieving mutually beneficial goals, often involving the sharing of resources, expertise, and technology to drive innovation, growth, or market expansion. For instance, in December 2021, GlaxoSmithKline plc, a UK-based pharmaceutical and biotechnology company, partnered with the University of Oxford, entering into a five-year partnership to establish the Oxford-GSK Institute of Molecular and Computational Medicine. Furthermore, in September 2021, LiNA Medical, a Denmark-based medical equipment manufacturer, partnered with UroCure LLC to develop a range of surgical solutions for female stress urinary incontinence. The collaboration will entail LiNA Medical's distribution and broadening of the ArcTV sling, along with harnessing UroCure's distinctive sling technology expertise. Additionally, this partnership will encompass the joint efforts of LiNA Medical and UroCure in creating a comprehensive array of surgical solutions for female stress urinary incontinence.

Browse Full Report @
https://www.thebusinessresearchcompany.com/report/nephrology-and-urology-devices-global-market-report

Key Segments -
The nephrology and urology devices market covered in this report is segmented -
1) 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
2) By End User: Hospitals And Clinics, Diagnostic Laboratories, Other End Users
3) By Type of Expenditure: Public, Private
4) By Product: Instruments/Equipment, Disposables

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model "

Want To Know More About The Business Research Company?

The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database

The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps

This release was published on openPR.