Soaring Demand Set to Propel Urinary Tract Obstruction Treatment Devices Market to $1.77 Billion by 2029

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What Is the Expected CAGR for the Urinary Tract Obstruction Treatment Devices Market Through 2025?
In recent times, we have seen significant growth in the market size of devices used for treating urinary tract obstructions. The market, which is projected at $1.32 billion in 2024, is expected to increase to $1.4 billion by 2025, presenting a compound annual growth rate (CAGR) of 6.0%. The expansion over this historical period can be traced back to the growing incidence of urinary health issues, the escalating need for sophisticated treatment methods, the rising preference for minimally invasive procedures, the heightened demand for advanced catheter and stent technologies, and an increasing emphasis on surgeries aided by robotics.

What's the Projected Size of the Global Urinary Tract Obstruction Treatment Devices Market by 2029?
Expectations are high for a robust expansion in the market for urinary tract obstruction treatment devices in the coming years. Projected to reach a value of $1.77 billion by 2029, its compound annual growth rate (CAGR) is estimated at 6.1%. The anticipated growth throughout this forecast period can be ascribed to a variety of factors including the escalating occurrence of urological conditions, the increasing demand for tailored treatment solutions, an expanding preference for robotic-assisted procedures, and a heightened awareness about health care amongst patients. The forecasted period will also be marked by trends such as progress in minimally invasive procedures, the creation of more effective and less discomforting treatment alternatives, advancements in material innovations, and the assimilation of sophisticated imaging and diagnostic apparatus.

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Top Growth Drivers in the Urinary Tract Obstruction Treatment Devices Industry: What's Accelerating the Market?
The rise in kidney disease cases is anticipated to stimulate the growth of the market for urinary tract obstruction treatment devices. Kidney diseases, which cause damage or dysfunction to the kidneys, hinder their capacity to remove waste and surplus fluids from the blood. The escalating occurrence of these diseases can be attributed to an aging population, higher incidences of diabetes and hypertension, and unhealthy lifestyles. Medical intervention is necessary for kidney diseases to alleviate the kidneys' stress and maintain their functionality. As the disease progresses, urinary tract obstructions become more prevalent, thus increasing the demand for devices to manage and avert further kidney damage. For example, a report published in June 2023 by Kidney Research UK, a non-profit organization in the UK, revealed that around 7.2 million people, or over 10% of the population, in the UK, are currently living with chronic kidney disease. Out of these individuals, 3.25 million are in the disease's advanced stages, and an extra 3.9 million are in the early stages. By 2033, the projected number of people affected by chronic kidney disease will increase to 7.61 million. Hence, the rising prevalence of kidney diseases is projected to fuel the growth of the market for urinary tract obstruction treatment devices.

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What Are the Key Trends Driving Urinary Tract Obstruction Treatment Devices Market Growth?
Leading firms in the urinary tract obstruction treatment devices market are prioritizing the development of improved products like intermittent urological catheters which offer long-term management solutions for urinary tract obstructions. The intermittent urological catheter is used for temporary bladder drainage in patients who have difficulty urinating naturally, thus preventing urinary tract infections, and damage to the bladder and kidneys by ensuring regular emptying of the bladder. For example, Otsuka Pharmaceutical Factory, Inc. from Japan introduced the OT-Balloon Catheter in August 2022. This reusable, pioneering catheter is specially designed for individuals struggling with spontaneous urination. It sits temporarily in the bladder by inflating a balloon on its tip, which allows self-catheterization and limits the frequency of reapplication. This product supports Otsuka's continuous commitment to boost patient care by providing solutions that encourage more self-reliance in managing urination.

What Are the Main Segments in the Urinary Tract Obstruction Treatment Devices Market?
The urinary tract obstruction treatment devices market covered in this report is segmented -

1) By Type: Urinary Catheter, Ureteroscope, Shock Wave Lithotripters, Laser Therapy Systems, Other Types
2) By Application: Cancers, Stones, Benign Prostatic Hyperplasia (BPH), Hydronephrosis
3) By End-User: Hospitals, Ambulatory Surgical Centers, Surgical Centers, Other End-Users

Subsegments:
1) By Urinary Catheter: Foley Urinary Catheters, Intermittent Urinary Catheters, External Urinary Catheters, Supra-Pubic Urinary Catheters, Hydrophilic-Coated Urinary Catheters
2) By Ureteroscope: Rigid Ureteroscopes, Flexible Ureteroscopes, Semi-Rigid Ureteroscopes, Digital Ureteroscopes
3) By Shock Wave Lithotripters: Extracorporeal Shock Wave Lithotripters (ESWL), Pneumatic Shock Wave Lithotripters, Electrohydraulic Shock Wave Lithotripters, Laser-Assisted Shock Wave Lithotripters
4) By Laser Therapy Systems: Holmium Laser Therapy Systems, Thulium Laser Therapy Systems, Diode Laser Therapy Systems, Nd:YAG Laser Therapy Systems
5) By Other Types: Stents For Urinary Tract Obstruction, Percutaneous Nephrostomy Devices, Ureteral Balloon Dilation Catheters, Ureteral Access Sheaths, Urological Drainage Devices

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Which Top Companies are Driving Growth in the Urinary Tract Obstruction Treatment Devices Market?
Major companies operating in the urinary tract obstruction treatment devices market are Medtronic Plc, Becton dic*kinson and Company, Stryker Corporation, Boston Scientific Corporation, Olympus Corporation, Coloplast Corporation, Smiths Group plc, Bio-Rad Laboratories, Teleflex Incorporated, Paul Hartmann AG, Karl Storz SE & Co. KG, Cook Medical, Hollister Incorporated, Amsino International Inc., Richard Wolf GmbH, Braun Melsungen AG, Angiplast Pvt. Ltd., Mais India Medical Devices Pvt. Ltd., Convatec Inc., VYGON (UK) LTD., United Endoscopy, Advin Health Care, Manish Medi Innovation, MicroPort Urocare (Jiaxing) Co. Ltd., Nikotech Pvt Ltd.

Which Regions Will Dominate the Urinary Tract Obstruction Treatment Devices Market Through 2029?
North America was the largest region in the urinary tract obstruction treatment devices market in 2024. The regions covered in the urinary tract obstruction treatment devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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