Urodynamics Equipment and Disposables Market – Global Growth Upside, will Reach US$216.3 mn by 2020

Transparency Market Research has announced the addition of a new report, titled “Urodynamics Equipment and Disposables Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”. According to this report, the global urodynamics equipment and disposables market will progress at a moderate 6.10% CAGR during the forecasting horizon from 2014 to 2020. In 2013,

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By product type, the global urodynamics equipment and disposables market is divided into urodynamics disposables, video urodynamics systems, electromyographs, ambulatory urodynamics systems, cystometers, and uroflowmetry equipment. The segment of uroflowmetry equipment led the global urodynamics equipment and disposables market in terms of revenue in 2013. This segment benefits from the easy availability of the equipment and high patient and clinician preference.Nevertheless, it is the ambulatory urodynamics systems market that is projected to grow at the highest rate in the global urodynamics equipment and disposables market during the forecast period. The ambulatory urodynamics segment benefits from its widespread market availability, usage of advanced microprocessor technology, and portable design. These features of ambulatory urodynamic devices help them deliver reliable test outcomes.

In the disposables segment, air-charged catheters held the largest market share in 2013. The air-charged catheters segment is projected to lead the global urodynamics disposable market and expand at the highest CAGR of 6.70% during the forecast period. This segment is driven by features of air-charged catheters such as the absence of air-bubble interference, presence of weightless air column, and ease of handling.On the basis of geography, the global urodynamics equipment and disposables market is classified into Asia Pacific, Europe, North America, and Rest of the World (RoW). In 2013, North America dominated the global urodynamics equipment and disposables market with a market share of more than 40%. Some of the factors driving this regional urodynamics equipment and disposables market are the presence of a large number of testing centers in the region and the high adoption rate of urodynamics tests among urogynecologists and urologists.

The global urodynamics equipment and disposables market will continue to grow steadily in the coming few years due to the growing geriatric population, which would boost the demand for urodynamics equipment and disposables. Furthermore, the market will also get a boost from the escalating incidence of urological dysfunctions and growing demand for advanced and safe urodynamics equipment. On the other hand, factors such as the growing cases of catheter-associated urinary tract infections (CAUTIs) will suppress the global urodynamics equipment and disposables market. In addition to this, the global urodynamics equipment and disposables market will also be restrained by the unfavorable reimbursement policies.Players in the global urodynamics equipment and disposables market will benefit from the large potential patient pool in emerging economies. The key players operating in the global urodynamics equipment and disposables market are Verathon, Medical Measurement Systems, LABORIE, C.R. Bard, Covidien, American Medical Systems, and Albyn Medical.

Read the Current Market Analysis of Urodynamics Equipment and Disposables at: http://www.transparencymarketresearch.com/urodynamics-equipment-disposables-market.html

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