Press release
Urology Care Devices and Platforms Market Top Players - Avenida Health, B. Braun Melungeon AG, Becton, Dickinson and Company, Boston Scientific Corporation.
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Urology Care Devices and Platforms Market- (By Product (Devices, Platforms), By Application (Treatment, Diagnosis and Monitoring), By Indication (Kidney Diseases, Urological Cancer and Benign Prostatic Hyperplasia, Pelvic Organ Prolapse, Other Diseases), By End User (Hospitals, Ambulatory Surgery Centers, Clinics, Dialysis Centers , Home Care Settings)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."According to the latest research by InsightAce Analytic, the Global Urology Care Devices and Platforms Market is valued at US$ 16.25 Bn in 2022, and it is expected to reach US$ 33.05 Bn by 2031, with a CAGR of 8.3% during a forecast period of 2023-2031.
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Urology devices represent essential medical technologies employed in the diagnosis and treatment of a wide range of disorders affecting the urinary tract. These devices play a critical role in the effective management of chronic urological conditions, including benign prostatic hyperplasia, bladder cancer, and nephrolithiasis, thereby contributing to improved clinical outcomes and accelerated patient recovery. The rising global incidence of urological diseases serves as a primary driver for the expansion of the urology devices market.
The increasing prevalence of kidney failure and associated renal conditions has also intensified demand for urology and nephrology-related medical devices. This trend is further supported by the ongoing expansion of healthcare infrastructure and heightened investments in advanced diagnostic and surgical technologies, such as endoscopic and laparoscopic systems.
Moreover, the growing adoption of minimally invasive surgical techniques-due to their benefits of reduced postoperative discomfort, shortened hospital stays, and quicker patient rehabilitation-continues to influence market dynamics positively. The increasing inclination toward definitive surgical solutions for long-term management of urological conditions is also reinforcing market demand.
Additional contributing factors, including population growth, rapid technological innovation, urbanization, and rising awareness regarding urological health, are collectively driving the sustained development of the global market for urology care devices and integrated platforms.
List of Prominent Players in the Urology Care Devices and Platforms Market:
• Avenida Health
• B. Braun Melungeon AG
• Becton, Dickinson and Company
• Boston Scientific Corporation
• Cardinal Health, Inc.
• Cook Group
• Fresenius Medical Care AG & Co.
• Kagan
• Intuitive Surgical, Inc
• KARL STORZ SE & Co KG
• Lucida Medical Ltd
• Medtronic plc,
• Pox HealthCare Ltd.
• Richard Wolf GmbH
• Roamed
• Urologic, LLC.
• Axonics Modulation Technologies, Inc.
• Valencia Technologies Corporation
• NanoVibronix, Inc.
• I-O Urology
• CareLogiQ Corp.
• Renalytix AI plc
Market Dynamics:
Drivers-
The enhanced availability and accessibility of urology care devices and platforms have played a pivotal role in their widespread adoption across various healthcare systems globally. This increased access serves as a key catalyst for market expansion. Furthermore, the growing geriatric population-more prone to urological conditions-continues to drive the rising demand for these medical technologies.
As global healthcare spending increases, there is a parallel rise in investments targeting advanced medical technologies, including those specifically designed for urological care. These strategic financial allocations are essential to accelerating innovation and supporting market growth. In addition, the continued development of hospitals, clinics, and other healthcare infrastructure around the world is broadening access to specialized urological services, thereby further fueling demand for urology care devices and platforms.
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Challenges:
The expansion of the global urology care devices and platforms market is subject to several constraints. Notably, geographic disparities in healthcare infrastructure and variations in reimbursement policies across regions present significant barriers to widespread market adoption. Furthermore, the presence of intense competition among both established and emerging manufacturers places downward pressure on pricing, potentially affecting profit margins. Ongoing market consolidation through mergers and acquisitions may also reduce the number of independent market participants, thereby limiting customer choices. Additionally, certain advanced urology devices necessitate specialized training for effective usage. A lack of awareness or insufficient clinical training among healthcare professionals may hinder the adoption and efficient utilization of these technologies, posing a challenge to overall market growth.
Regional Trends:
North America is projected to hold a leading position in the global urology care devices and platforms market, supported by an aging population, a high incidence of urological disorders, and continuous innovation in medical technologies. The region's regulatory environment, healthcare policies, and structured reimbursement systems further facilitate market growth. Europe also commands a substantial share of the global market. The presence of established healthcare infrastructure, favorable reimbursement schemes, and sustained investments by key industry players in research and development contribute to the region's strong market position. Increasing awareness about urological health and the importance of early intervention continues to enhance the demand for advanced urology care technologies throughout European countries.
Recent Developments
• In Feb 2023, The LithoVueTM Elite Single-Use Digital Flexible Ureteroscope System from Boston Scientific has been approved by the FDA. Urologists often used ureteroscopy to identify and treat a wide range of problems in the urinary tract, most often kidney stones.
• In Jan 2023, Cook Medical announced the U.S. launch of a simplified portfolio of urological bipolar electrodes. The electrodes were intended for daily bladder and prostate procedures. Seven products comprised the new portfolio. Six of the instruments were designed for use in transurethral resection, ablation, and soft tissue excision of the prostate and bladder, as well as when hemostasis was required.
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Segmentation of Urology Care Devices and Platforms Market-
By Product
• Devices
o Conventional Devices
Instruments
• Dialysis Devices
o Hemodialysis Devices
o Peritoneal Dialysis Devices
• Endoscopy and Imaging Devices
o Ureteroscopes
o Nephroscopes
o Cystoscopes
o Others
• Lasers and Lithotripsy Devices
• Endoscopy Fluid Management System
• Insufflators
• Urodynamic Systems
Consumables and Accessories
• Guidewires and Catheters
• Ureteral Stents
• Biopsy Devices
• Others
o Advanced Devices
Neurostimulator
Robotic System
Others
• Platforms
By Application
• Treatment
• Diagnosis and Monitoring
By Indication
• Kidney Diseases
• Urological Cancer and Benign Prostatic Hyperplasia
• Pelvic Organ Prolapse
• Other Diseases
By End User
• Hospitals
• Ambulatory Surgery Centers
• Clinics
• Dialysis Centers
• Home Care Settings
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
Read Overview Report- https://www.insightaceanalytic.com/report/urology-care-devices-and-platforms-market/1981
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 607 400-7072
Asia: +91 79 72967118
info@insightaceanalytic.com
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