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Advancing Urological Health: Top Trends in Urology Supplements
The Business Research Company recently released a comprehensive report on the Global Urology Supplements Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
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According to The Business Research Company's, The urology supplements market size has grown strongly in recent years. It will grow from $1.66 billion in 2023 to $1.80 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to rise in elderly population, increasing health concerns, rise in healthcare expenditure, rise in preventive healthcare.
The urology supplements market size is expected to see strong growth in the next few years. It will grow to $2.55 billion in 2028 at a compound annual growth rate (CAGR) of 9%. The growth in the forecast period can be attributed to increasing urinary infections, increasing disposable income, increasing access to healthcare, increasing concern on antibiotic resistance. Major trends in the forecast period include product innovations, partnerships, research and developments in nutrition.
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Market Drivers and Trends:
The increasing prevalence of lower back pain is expected to propel the growth of the sacroiliac joint fusion market going forward. Lower back pain refers to discomfort or pain experienced in the lumbar region of the spine, which includes the area between the bottom of the rib cage and the top of the legs. It is a common condition that can vary in intensity from a dull, constant ache to a sudden, sharp pain. The prevalence of low back pain is due to work stress, sedentary lifestyles, obesity, and dietary factors. Sacroiliac joint fusion alleviates lower back pain and improves overall function and quality of life by stabilizing the joint and reducing abnormal movement. For instance, in May 2023, according to an article published by the National Center For Biotechnology Information, a US-based government agency, low back pain (LBP) impacted 619 million people worldwide in 2020, which is projected to reach 843 million by 2050. Therefore, the increasing prevalence of lower back pain is driving the growth of the sacroiliac joint fusion market.
Major companies operating in the urology supplements market are developing innovative products to address a range of urological health issues by incorporating advanced ingredients, leveraging new delivery systems, and utilizing cutting-edge research to enhance efficacy and safety. For instance, in September 2022, Moonstone Nutrition, a US-based company that manufactures health supplements, launched Moonstone Stone Stopper, the world's first kidney stone prevention gummy. The gummy is designed to help prevent the formation of kidney stones by providing a convenient and tasty way to consume ingredients that may help reduce the risk of kidney stones. The Moonstone Stone Stopper gummy is a novel approach to kidney stone prevention, offering a more palatable alternative to traditional supplements or medications by delivering key ingredients in a gummy format to maintain kidney health consistently.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Astellas Pharma Inc., Nutrilite Food Supplements, Azo Health, Nature's Bounty, Amway Corp., Swanson Health Products, La Renon Healthcare Pvt. Ltd., Gaia Herbs Inc., Schiff Nutrition International Inc., Natrol Inc., Labiana Pharmaceuticals SL, Pure Encapsulations Inc., Biotex Inc. , Integrative Therapeutics LLC, PharmaLinea Ltd., Jabs Biotech Private Ltd., Theralogix LLC, Zenith Labs, Puritan's Pride, Solaray Inc., Himalaya Wellness Co., DSE Health Care Solutions Inc. , Ruhrpharm AG
Urology Supplements Market 2024 Key Insights:
• The urology supplements market size is expected to see strong growth in the next few years. It will grow to $2.55 billion in 2028 at a compound annual growth rate (CAGR) of 9%.
• Rising UTI Prevalence Drives Growth In Urology Supplements Market
• Revolutionizing Urological Health Innovations In Kidney Stone Prevention With Moonstone Stone Stopper Gummy
• Asia Pacific was the largest region in the urology supplements market in 2023
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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