Global Urology Surgical Instruments Market size is expected to reach USD 14.12 billion by 2025. Urology surgeries are associated with the treatment of urologic disease or dysfunction of female and male urinary tract. These surgeries also known as “genitourinary surgery”. Urologic disease or dysfunction in male include kidney stones, bladder control dysfunction, nephrectomy, prostate disorders, ureteral reimplants, pyeloplasty, and urinary retention. The market is expected to grow at a 7.9% CAGR in the forecast period.
In these surgeries, some products are used such as endoscopes, endovision systems, peripheral systems, consumables & accessories, forceps, cystoscope bridge, resectoscope electrodes, channel deflector, urethrotome and others. The “consumables & accessories” segment is anticipated to grow at a high CAGR in the upcoming period due to repeated usage of these products and their disposable nature. In addition, rise in number of urology procedures is expected to boost the demand for these products in the next couple of years.
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Consumables and accessories are further classified into stone baskets/retrieval devices & extractors, stents, fluid flushing devices, drainage bags, needle forceps & needle holders, biopsy devices, clamps, distal attachments, connecting tubes, catheters, overtubes, guidewires, dilator sets & ureteral access sheaths, surgical dissectors and others. Application such as chronic kidney diseases (CKD), urinary stones, benign prostatic hyperplasia (BPH), oncology, urinary incontinence (UI) & pelvic organ prolapse (POP) and other. The “chronic kidney diseases” segment is expected to hold the large market share in the upcoming period due to rising incidence of CKD, growing number of clinical trials for new non-invasive procedures to treat these diseases and increasing initiatives by governments globally. However, the “urinary incontinence & pelvic organ prolapse” segment is anticipated to grow at the higher CAGR in the coming years owing to significantly increasing number of surgical procedures for urinary incontinence, advancing technologies, growing awareness about incontinence and rising adoption of these products for managing incontinence.
The factors that play an important role in the growth of market include increasing demand, growing geriatric population, increasing urbanization & industrialization, rising preference for minimally invasive surgeries, increasing prevalence of urinary disorders, surging R&D investments, growing healthcare industry, ongoing product launches by manufactures, and technological advancements. Moreover, rising number of hospitals, growing hospital investments in surgical infrastructure and availability of funds, investments & grants from government are expected to drive the market growth in the coming years.
However, increasing cost of urology endoscope & laparoscopic endovision system, high risk of complications associated with surgical procedures in geriatric patients and the other high pricing are negatively impacting the growth of urology surgical instruments industry. The Urology Surgical Instruments market is widely analyzed based on different regional factors such as gross domestic product (GDP), demographics, acceptance, inflation rate and others. The market is categorized based on product type, application, distribution channel and geography.
North America has been at the forefront with regards to urology surgical instruments market and will continue to rule the roost in the years to come. The increasing urology equipment purchases by hospitals, rising incidences of urology cancers & disorders, rise in number of urologists, increasing healthcare spending on urology disorders and positive reimbursement scenario are the factors likely to boost the Urology Surgical Instruments market growth in this region.
On the other hand, Asia Pacific is anticipated to grow at a high CAGR in the next couple of years owing to growing geriatric population, increasing healthcare expenditure for urology by governments, rapidly growing healthcare industry, improving healthcare infrastructure in India & China and stringent regulatory policies. Also, presence of large number of public & private hospitals in Australia, China, Malaysia, Japan, India, New Zealand, Singapore and Indonesia are purchasing new urology equipment to meet increasing demand for urology procedures.
The key players contributing to the robust development of the urology surgical instruments industry include Olympus Corporation, Richard Wolf GmbH, Coloplast Group, Cook Medical Inc., KARL STORZ GmbH & Co. KG, Medtronic plc, Boston Scientific Corporation, Stryker, Teleflex Incorporated, Stryker Corporation, ConMed Corporation and CooperSurgical Inc. The major market players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
Market Segment:
Urology Surgical Instruments Product Outlook (Revenue, USD Million, 2014 - 2025)
- Endoscopes
- Laparoscopes
- Ureteroscopes
- Nephroscopes
- Resectoscopes
- Cystoscopes
- Endovision Systems
- Light Sources
- Cameras
- Camera Heads
- Monitors & Displays
- Peripheral Systems
- Insufflators
- Endoscopy Fluid Flushing Devices
- Consumables & Accessories
- Guidewires
- Stone Baskets/Retrieval Devices and Extractors
- Catheters
- Stents
- Biopsy Devices
- Fluid Flushing Devices, Connecting Tubes, Clamps, Overtubes, and Distal Attachments
- Dilator Sets and Ureteral Access Sheaths
- Drainage Bags
- Surgical Dissectors
- Needle Forceps and Needle Holders
- Others
Urology Surgical Instruments Application Outlook (Revenue, USD Million, 2014 - 2025)
- Chronic Kidney Diseases (CKD)
- Benign Prostatic Hyperplasia (BPH)
- Urinary Stones
- Urinary Incontinence (UI) and Pelvic Organ Prolapse (POP)
- Oncology
- Other Applications
Urology Surgical Instruments Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- Asia Pacific
- China
- Japan
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- South Africa
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Table of Contents
Chapter 1 Research Methodology
1.1 Information Procurement
1.2 Data Analysis
Chapter 2 Executive Summary
2.1 Market Snapshot
Chapter 3 Urology Surgical Instruments Market Variables, Trends & Scope
3.1 Market Segmentation & Scope
3.2 Market Driver Analysis
3.2.1 Growing geriatric population
3.2.2 Increasing prevalence of urinary disorders
3.2.3 Growing preference for minimally invasive surgeries
3.2.4 Increasing R&D expenditures & incessant product launches
3.3 Market Restraint Analysis
3.3.1 Infections caused by urology equipment and CAUTI
3.4 Penetration & Growth Prospect Mapping
3.5 Urology surgical instruments market - SWOT Analysis, by Factor (Political & legal, Economic and Technological)
3.6 Industry Analysis - Porter’s
Continued…
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Market Analysis and Insights: Urology Surgical Instruments MarketUrology Surgical Instruments Market By Product (Urology Endoscopes, Endovision Systems, Peripheral Instruments, Consumables & Accessories), Application (Chronic Kidney Disease, Urinary Stones, BPH, UI & POP, Oncology, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa), Industry Trends and Forecast to 2027Urology surgical instruments market is analysed by Data Bridge Market Research, wherein we have accounted for the market to witness a potential growth rate of 8.06% in the forecasted period of 2020 to 2027, resulting in the market reaching a cap of USD 17.94 billion by the end of the forecasted period.
Rising volume of patient population suffering from urological disorders amid rising prevalence of geriatric population, which are more prone to suffer from these disorders, this factor is expected to drive the market growth in the above-mentioned forecasted period of 2020 to 2027.If you are an investor/shareholder in Urology Surgical Instruments Market, the provided study will help you to understand the growth model Urology Surgical Instruments Market after the impact of COVID-19.
Request for sample report@ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-urology-surgical-instruments-marketUrology surgical instruments are the medical devices/instruments designed specifically for the treatment, correction, diagnosis and various procedures related to urology field of healthcare applications.
These instruments enable highly effective and efficient mode of healthcare service, with the main focus of these instruments being to provide ease and comfort to the physicians while providing pain-free surgical procedures to the patients.Growth in the levels of healthcare expenditure being incurred on the advancement of surgical and healthcare infrastructure, as well as the quality of healthcare being provided from these facilities are the major drivers of urology surgical instruments market.
Premium-product pricing for these instruments, which subsequently results in high product pricing are also expected to hamper the growth of the market.This global urology surgical instruments market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market.
The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.Based on product, urology surgical instruments market is segmented into urology endoscopes, endovision systems, peripheral instruments and consumables & accessories.
Urology surgeries are associated with the treatment of urologic disease or dysfunction of female and male urinary tract.
Urologic disease or dysfunction in male include kidney stones, bladder control dysfunction, nephrectomy, prostate disorders, ureteral reimplants, pyeloplasty, and urinary retention.
Application such as chronic kidney diseases (CKD), urinary stones, benign prostatic hyperplasia (BPH), oncology, urinary incontinence (UI) & pelvic organ prolapse (POP) and other.
The “chronic kidney diseases” segment is expected to hold the large market share in the upcoming period due to rising incidence of CKD, growing number of clinical trials for new non-invasive procedures to treat these diseases and increasing initiatives by governments globally.
However, the “urinary incontinence & pelvic organ prolapse” segment is anticipated to grow at the higher CAGR in the coming years owing to significantly increasing number of surgical procedures for urinary incontinence, advancing technologies, growing awareness about incontinence and rising adoption of these products for managing incontinence.The factors that play an important role in the growth of market include increasing demand, growing geriatric population, increasing urbanization & industrialization, rising preference for minimally invasive surgeries, increasing prevalence of urinary disorders, surging R investments, growing healthcare industry, ongoing product launches by manufactures, and technological advancements.
Moreover, rising number of hospitals, growing hospital investments in surgical infrastructure and availability of funds, investments & grants from government are expected to drive the market growth in the coming years.However, increasing cost of urology endoscope & laparoscopic endovision system, high risk of complications associated with surgical procedures in geriatric patients and the other high pricing are negatively impacting the growth of urology surgical instruments industry.
Feb 05, 2021: Global Urology Surgical Instruments Market size is expected to reach USD 14.12 billion by 2025.
Urology surgeries are associated with the treatment of urologic disease or dysfunction of female and male urinary tract.
Urologic disease or dysfunction in male include kidney stones, bladder control dysfunction, nephrectomy, prostate disorders, ureteral reimplants, pyeloplasty, and urinary retention.
In addition, rise in number of urology procedures is expected to boost the demand for these products in the next couple of years.Download sample Copy of This Report at: https://www.millioninsights.com/industry-reports/urology-surgical-instruments-market/request-sampleConsumables and accessories are further classified into stone baskets/retrieval devices & extractors, stents, fluid flushing devices, drainage bags, needle forceps & needle holders, biopsy devices, clamps, distal attachments, connecting tubes, catheters, overtubes, guidewires, dilator sets & ureteral access sheaths, surgical dissectors and others.
Application such as chronic kidney diseases (CKD), urinary stones, benign prostatic hyperplasia (BPH), oncology, urinary incontinence (UI) & pelvic organ prolapse (POP) and other.
The “chronic kidney diseases” segment is expected to hold the large market share in the upcoming period due to rising incidence of CKD, growing number of clinical trials for new non-invasive procedures to treat these diseases and increasing initiatives by governments globally.
