Urology Devices Market 2017 - Fresenius Medical Care, Baxter, Boston Scientific Corporation, KARL STORZ SE & Co. KG, Olympus Corporation, Cook Medical, Medtronic plc, B. Braun, C.R. Bard, Coloplast AS, Nikkiso Co. Ltd., Nipro Corporation, Terumo Corporati

Global market trend:

The global urology devices market is expected to reach USD 38.1billion by 2027, growing at a CAGR of 7.6% from 2017 – 2027. Factors such asgrowing geriatric population, increasing prevalence of urological diseases and tumors, and rising awareness of the global population regarding the treatment and management of urological diseases is driving the growth of the market. In addition, strong track record of various companies in the field of product innovation pertaining to urology devices is expected to propel the market growth to a great extent.

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Segment Analysis:
Based on product, the global urology devices market has been segmented intoinstrument and consumables. Amongst instruments, dialysis devices captured the largest market share due to greater availability and frequent application of such devices. Additionally, dialysis devices are extremely easy to use/operate with greater comfort, hence boosting the growth of the segment.

Based on application, the global urology devices market is categorized into kidney diseases,prostate cancer, benign prostatic hyperplasia, and others. Kidney diseases was the dominant segment of the global market. Factors such as increasing incidence of diabetes, high blood pressure and sedentary lifestyle have triggered the cases of chronic kidney sdiseases across the globe, hence pushing the growth of the market segment.

Geographical Analysis:
Based on geography, the urology devices market has been segmented into North America, Europe, Asia Pacific, Latin America and Rest of the World. North America is dominating the global market owing to increasing number of chronic kidneydiseases, rising number of geriatric population, and presence of technologically advanced urological devices.
Asia Pacific is expected to witness the highest growth rate during the forecast period, owing to factors such as emergence of numerous medical device manufacturers, strong government support and growing awareness of the population regarding the treatment urological diseases.

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Key Market Players:
Key market players operating in the global urology devicesmarket are Fresenius Medical Care, Baxter, Boston Scientific Corporation, KARL STORZ SE & Co. KG, Olympus Corporation, Cook Medical, Medtronic plc, B. Braun, C.R. Bard, Coloplast AS, Nikkiso Co. Ltd., Nipro Corporation, Terumo Corporation, and others.
Segments Covered:

• Product Segment (Revenue, USD Billion, 2015 – 2027)
• Instruments
? Dialysis devices
? Urinary stone treatment devices
? Endoscopes
? Benign Prostatic Hyperplasia
? Urodynamic system
? Urinary incontinence devices
? Neuromodulation devices
? Others
• Consumables
? Stents
? Catheters
? Guidewires
? Drainage bags
? Others

Application Segment (Revenue, USD Billion, 2015 – 2027)
• Kidney Disease
• Prostate cancer
• Benign prostatic hyperplasia
• Others
End-user Segment (Revenue, USD Billion, 2015 – 2027)
• Hospitals
• Dialysis centers
• Others
Regional Segment (Revenue, USD Billion, 2015 – 2027)
• North America
o U.S.
o Canada
• Europe
o U.K.
o Germany
o France
• Asia Pacific
o Japan
o China
o India
• Latin America
o Brazil
o Mexico
• MEA
o South Africa

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