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Nucleic Acid Based Gene Therapy Market Size Projected To Reach $1.33 Billion By 2034 With A Cagr Of 10.7%
Nucleic Acid Based Gene Therapy
What Is the Projected Growth of the Nephrology And Urology Devices Market?
The nephrology and urology devices market has experienced significant growth in recent years. It will grow from $56.32 billion in 2024 to $60.28 billion in 2025 at a compound annual growth rate (CAGR) of 7.0%. Growth in this market has been driven by the aging population, high prevalence of urological disorders, chronic kidney disease management, and healthcare reimbursement systems.
The nephrology and urology devices market is set for strong growth, expected to reach $77.1 billion in 2029 with a CAGR of 6.3%. Contributing factors include remote healthcare services, individualized treatments, AI adoption, and value-based healthcare models. Key trends include minimally invasive solutions, 3D-printed urology implants, smart drainage tools, home dialysis systems, and telehealth technologies.
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What Are the Different Nephrology And Urology Devices Market 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 And 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
Subsegments:
1) By Dialysis Devices And Equipment: Hemodialysis Machines, Peritoneal Dialysis Machines, Dialyzers (Hemodialysis Filters), Dialysis Concentrates, Dialysis Catheters
2) By Urinary Stone Treatment Devices And Equipment: Lithotripters (Shock Wave Lithotripsy Machines), Laser Lithotripters, Ureteroscopes, Nephroscopes, Stone Removal Catheters
3) By Urinary Incontinence And Pelvic Organ Prolapse Devices And Equipment: Urinary Incontinence Devices (Urinary Catheters, External Urinary Collection Devices), Pelvic Floor Electrical Stimulation Devices, Vaginal Inserts, Slings For Pelvic Organ Prolapse
4) By Benign Prostatic Hyperplasia (BPH) Treatment Devices And Equipment: Prostate Stents, Laser BPH Devices, Transurethral Resection Of The Prostate (TURP) Devices, Urolift Systems, GreenLight Laser Systems
5) By Endoscopy Devices And Equipment: Cystoscopes, Ureteroscopes, Renal Biopsy Instruments, Laparoscopes, Rigid And Flexible Endoscopes
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What Are the Primary Drivers Shaping the Nephrology And Urology Devices Market?
The growing incidence of kidney and urinary tract diseases is boosting the nephrology and urology devices market. These devices are used to treat conditions such as CKD and ESRD. Kidney Research UK reported that 7.19 million people in the UK had chronic kidney disease in 2023, with numbers expected to reach 7.61 million by 2033, supporting continued market growth.
Which Companies Are Leading in the Nephrology And Urology Devices Market?
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.
What Trends Are Expected to Dominate the Nephrology And Urology Devices Market in the Next 5 Years?
In the nephrology and urology devices market, companies are leveraging AI to improve diagnostics and treatment. In April 2024, Dornier MedTech GmbH, a German medical device firm, launched UroGPT, an AI chatbot designed for patients with kidney stones. UroGPT uses natural language processing to deliver tailored, understandable responses to user questions, providing real-time support.
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What Are the Top Revenue-Generating Geographies in the Nephrology And Urology Devices Market?
North America was the largest region in the global nephrology and urology devices market in 2023. Asia-Pacific was the second largest region in the global nephrology and urology devices market. The regions covered in the nephrology and urology devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Nephrology And Urology Devices Market?
2. What is the CAGR expected in the Nephrology And Urology Devices Market?
3. What Are the Key Innovations Transforming the Nephrology And Urology Devices Industry?
4. Which Region Is Leading the Nephrology And Urology Devices Market?
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