The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s urology devices market report forecasts the urology devices market size to grow to $46.82 Billion by 2027, with a CAGR (compound annual growth rate) of 6%.

Learn More On The Urology Devices Market Report 2023 – https://www.thebusinessresearchcompany.com/report/urology-devices-global-market-report

Urology Devices Market Size Forecast
The global urology devices market is expected to grow from $34.60 billion in 2022 to $37.10 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global urology devices market size is expected to reach $46.82 billion in 2027 at a CAGR of 6%.

North America held the largest urology devices market share.

Key Urology Devices Market Driver ­– Increase In The Incidence Of Urologic Conditions
According to a survey from the Kidney Care Centre, a US-based organisation specialising in the detection and treatment of all kidney-related problems, kidney stones would impact one in every ten Americans at some point in their life by 2022. Furthermore, according to a 2022 report from the Children’s Hospital of Philadelphia, as global temperatures rise, the incidence of kidney stones would grow by 2.2% to 3.9%. As a result, the high prevalence of urologic disorders is likely to fuel the urology devices market.

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Key Urology Devices Market Trend – Technological Advancement
To strengthen their market position, major businesses in the urological devices market are focusing on developing new solutions and innovative technologies. Lumenis Ltd., an Israeli medical device manufacturer, for example, will unveil MOSES 2.0 in July 2020. MOSES 2.0 is a laser technology platform built exclusively for the treatment of kidney stones, which is one of the most common urological disorders. To improve the efficiency and safety of kidney stone treatment, the technique employs a novel mix of pulse modulation and energy delivery.

Urology Devices Market Segment
1) By Product: Urology endoscopes, Robotic surgical systems, Laser systems, Lithotripters, Brachytherapy systems, High-intensity focused ultrasound (HIFU) systems, Urodynamic systems, Urology consumables
2) By Disease: Kidney Diseases, Urological Cancer and BPH, Pelvic Organ Prolapse, Other Diseases
3) By Technology: Minimally Invasive Surgery, Robotic Surgery, Other technologies
4) By End User: Hospitals And Clinics, Dialysis Centers, Other End Users

Urology Devices Market Major Players and Strategies
Major players in the urology devices market are Baxter International Inc., Boston Scientific Corporation, Cook Medical Incorporated, Stryker Corporation, Fresenius Medical Care AG & Co. KGaA, Intuitive Surgical Inc., Karl Storz SE & Co. KG, Medtronic PLC, Olympus Corporation, Siemens AG, Cardinal Health Inc, B. Braun Melsungen AG, Dornier MedTech., Becton, Dickinson and Company, Coloplast Corp., STERIS Corporation, Integer Holdings Corporation, and Surgical Holdings Corp.

Alleima, a Swedish business that develops and manufactures sophisticated stainless steels, special alloys, titanium, and other high-performance materials, bought Endosmart for an unknown sum in November 2022. Alleima intends to broaden its capabilities and extend its market by acquiring Endosmart’s innovative products and materials. Gesellschaft für Medizintechnik GmbH (Endosmart) is a German manufacturer that primarily develops medical equipment and components for urology, oncology, and cardiology.

The Urology Devices Global Market Report 2023 covers regional data on urology devices market size, urology devices market trends and drivers, opportunities, strategies, and urology devices market competitor analysis. The countries covered in the urology devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Urology devices are equipment or gadgets used to diagnose or treat urological illnesses. It provides various potential benefits to people suffering from urinary tract illnesses such as kidney, bladder, and ureters in both men and women.

View More Reports Related To The Urology Devices Market –
Urology Medical Lasers Global Market Report 2023
Nephrology And Urology Devices Global Market Report 2023
Neurology Devices Global Market Report 2023

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