Global Urology Devices
Market Report
2024
The Global Urology Devices Market was valued at USD 35.50 billion in 2022 and will reach USD 57.87 billion by 2030, registering a CAGR of 6.3% for the forecast period 2023 - 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per latest report of Cognative Market Research, The Global Urology Devices Market was valued at USD 35.50 billion in 2022 and will reach USD 57.87 billion by 2030, registering a CAGR of 6.3% for the forecast period 2023 - 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Urology Devices Market Sales Revenue 2022 | $ 32.21 Billion |
Global Urology Devices Market Sales Revenue 2030 | $ 50.61 Billion |
Global Urology Devices Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.7% |
Market Split by Type |
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Market Split by Application |
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Market Split by End User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Urology Devices Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Urology devices are used to diagnose and treat urological diseases or disorders such as urethral malignancies, urolithiasis, kidney diseases, and bladder disorders. They include various types of equipment, catheters, consumables, and dilators. The tools used in surgical diagnosis are cystoscopy, ureteroscopy, microsurgery, and laser lithotripsy devices. Urology is also termed genitourinary surgery.
Kidney diseases like chronic kidney disease, renal cyst, cystic kidney disease, and kidney failure are on a surge worldwide. The treatment and diagnosis for such diseases include dialysis equipment and consumables. As reported by Fresenius Medical Care, it is estimated that 3.8 million of the population suffered from chronic kidney disease in 2022, and forecasted to grow to 6.5 million by 2030. Moreover, the demand for dialysis products such as dialysate and hemodialysis machines has risen due to the increasing patient pool for dialysis treatment. Furthermore, the manufacturers releasing innovative urology equipment in the market are expected to drive the market growth of urology devices.
Globally the urology device market is expected to get hampered due to its high costs. The devices used in the treatment of kidney diseases include holmium-based lasers and lithotripters which are very expensive and not affordable in emerging countries. Due to their low finances, developing countries like Brazil, Mexico, and others find it difficult to invest in such expensive and sophisticated technologies. Moreover, such innovative devices require skilled professionals and highly qualified staff for maintenance and functioning, which is probably not available in developing countries. Disposable devices like catheters, extraction bags, and guide wires require proper maintenance as surgeries are vital for surgeries to avoid contaminations or infections in patients. Therefore, this further leads to high costs and directly affects the growth of the urology devices market.
COVID-19 had a blended impact on the urology devices market. The viral transmission has caused renal damage in some patients. This disorder caused the retention of excess water and fluids in the body. As a result, there increase in the use of dialysis equipment in their treatment and diagnosis. Thus, increasing the demand for urological devices. On the other hand, COVID-19 declined the frequency of patient visits due to fear of infection and delayed elective surgeries. The patient with viral infection was delayed for an elective surgical procedure and thus, delayed the treatment of kidney diseases and use of dialysis devices. This indirectly declined the market demand for urology devices.
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LiNA Medical USA, a specialized in minimally-invasive medical devices in the field of urology, and UroCure a developer of the sling treatment for female stress urinary incontinence, partnered to grow a strategic sales distribution. They developed a surgical solution for female stress urinary incontinence. This solution mitigated the effects of stress urinary incontinence in women.
Baxter International Inc., a global innovator in renal care announced FDA clearance of the Homechoice Claria, an automated peritoneal dialysis (APD) system with the Sharesouce connectivity platform. This expanded the accessibility to home-based therapy for US patients with kidney failure.
Top Companies Market Share in Urology Devices Industry: (In no particular order of Rank)
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Globally, the urology devices market based on region is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The largest market share is dominated by North America due to the high prevalence of urological disorders and technological advancements. According to the US Department of Health and Human Services, it is estimated that about 37 million Americans have chronic kidney disease (CKD), in 2021. Additionally, the North American region consists of highly skilled doctors, increased research funding, and well-established healthcare facilities. These all factors are expected to raise the demand for urology devices in this region.
The current report Scope analyzes Urology Devices Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Urology Devices Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Urology Devices Industry growth. Urology Devices market has been segmented with the help of its Type, Application End User, and others. Urology Devices market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on product, globally, the urology devices market is segmented into dialysis, endoscopy, lasers, robotic, and lithotripsy devices. The endoscopy devices segment holds the largest market share due to the rising growth of urolithiasis and celiac diseases. The endoscopic device scans the digestive system for blockages, tumors, ulcers, and inflammation. Urinary endoscopy is the safest and low-level risk procedure in genitourinary surgery. Technical advancements in these devices to avoid infection during surgeries have gained the potential to drive market growth. Therefore, this segment is expected to drive the market growth of urology devices.
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The global urology device market based on applications is segmented into kidney diseases, urological cancer, pelvic organ prolapses, and benign prostatic hyperplasia. The kidney disease segment is expected to dominate the market due to the rising prevalence of kidney disorders across the globe. Early identification is needed for effective treatment, or else it may lead to renal failure. According to National Institute on Diabetes and Digestive and Kidney Diseases (NIDDK), End-stage renal disease (ESRD) impacted more than 500,000 people in a year in the US, with 71% of them undergoing dialysis and 29% having kidney transplants. Therefore, the demand for dialysis products such as dialysate and hemodialysis machines has risen due to the increasing number of kidney diseases coupled with health complications.
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Based on end-user, the urology devices market is classified into hospitals, clinics, dialysis centers, and ambulatory surgical centers. The hospital segment accounts for the largest market share due to its cost-effectiveness and improved access to patients. Hospitals use advancements in devices such as light-emitting diodes (LEDs)during treatment for controlled and safe procedures. The growing number of patients and the rising adoption of urology endoscopes in hospitals facilitate the market growth of urology devices. Hospitals provide both invasive and non-invasive procedures with well-equipped infrastructures. Such advantages as better testing abilities and lower costs expect to drive the demand for the urology devices market in the end-user segment.
Research Analyst at Cognitive Market Research
I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
Sneha Mali is a research analyst working in various domains including the Consumer Goods, market research and transport & logistics and her primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. Her knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively.Sneha stay up-to-date with the latest research trends, methodologies, and technologies to ensure that her research is accurate, relevant, and impactful.
In her current role, Sneha is committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that her skills remain sharp and relevant. She have demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams.Sneha remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Urology Devices Market is witnessing significant growth in the near future.
In 2023, the Dialysis Devices segment accounted for noticeable share of global Urology Devices Market and is projected to experience significant growth in the near future.
The Kidney Diseases segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Becton Dickinson and Company (US) , B. Braun Melsungen AG (Germany) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Dialysis Devices, Endoscopy Devices, Lasers, Robotic Devices, Lithotripsy Devices |
Application | Kidney Diseases, Urological Cancer, Pelvic Organ Prolapse, Benign Prostatic Hyperplasia |
End User | Hospitals, Clinics, Dialysis Centers, Ambulatory Surgical Centers |
List of Competitors | Becton Dickinson and Company (US), Cardinal Health (US), B. Braun Melsungen AG (Germany), Intuitive Surgical (US), Medtronic plc (Ireland), Boston Scientific Corporation (US), Stryker Corporation (US), KARL STORZ (Germany), Cook Medical (US), Olympus Corporation (Japan), Baxter International Inc. (US) |
This chapter will help you gain GLOBAL Market Analysis of Urology Devices. Further deep in this chapter, you will be able to review Global Urology Devices Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by End User Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Urology Devices market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Dialysis Devices have a significant impact on Urology Devices market? |
What are the key factors affecting the Dialysis Devices and Endoscopy Devices of Urology Devices Market? |
What is the CAGR/Growth Rate of Kidney Diseases during the forecast period? |
By type, which segment accounted for largest share of the global Urology Devices Market? |
Which region is expected to dominate the global Urology Devices Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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