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How has the urology devices market grown over the years?

In the past few years, there has been a robust growth in the market size of urology devices. It is projected to increase from $38.54 billion in 2024 to $40.68 billion in 2025 with a compound annual growth rate (CAGR) of 5.5%. The growth observed in the historical period is the result of factors such as an aging population, the widespread occurrence of urological disorders, progress in minimally invasive procedures, increased awareness and diagnostic practices, and the expansion of healthcare infrastructure.

What Is the forecasted market size and growth rate for the urology devices market?

There is an anticipated robust growth in the urology devices market in the coming years, with projections to reach a market value of $53.34 billion in 2029, thanks to a compound annual growth rate (CAGR) of 7.0%. Factors contributing to this growth during the forecasted period include an increase in the aging population, initiatives in preventive healthcare, improvements in treatment procedures, global health issues, and patient-focused care. The prediction period also sees key trends such as emphasis on female urology devices, the creation of next-generation urodynamic systems, the broadening of urological endoscopy devices, personalised treatment strategies for erectile dysfunction, and market expansion in developing economies.

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What are the major factors driving growth in the urology devices market?

The urology devices market anticipates growth due to the high occurrence of urological illnesses. These health concerns encompass diseases impacting the urinary tract, including urinary tract infections, bladder control issues, kidney stones, prostate problems, amongst others. An aging global population coupled with a rising prevalence of chronic illnesses such as diabetes and obesity signifies an expected upsurge in urological diseases. Such health conditions necessitate urology devices and associated equipment for accurate diagnosis and treatment. Examples include the management of erectile dysfunction, kidney stones, prostate and bladder cancer, contributing to an escalating demand for the urology devices market. Evidence of this is seen in a 2022 report from the Kidney Care Center, a US company specializing in kidney-related disorders, suggesting that kidney stones will affect approximately one in 10 Americans at some point in their lifetime. Additionally, a 2022 study by the Children’s Hospital of Philadelphia predicts a 2.2% to 3.9% increase in kidney stone cases due to rising global temperatures. Consequently, the high occurrence of urological illnesses is poised to bolster the urology devices market.

What key areas define the segmentation of the global urology devices Market?

The urology devices market covered in this report is segmented –

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

Subsegments:

1) By Urology Endoscopes: Rigid Endoscopes, Flexible Endoscopes, Video Endoscopes

2) By Robotic Surgical Systems: Robotic-Assisted Surgical Systems, Robotic Instruments

3) By Laser Systems: Holmium Laser Systems, Thulium Laser Systems, Diode Laser Systems

4) By Lithotripters: Extracorporeal Shock Wave Lithotripters (ESWL), Laser Lithotripters

5) By Brachytherapy Systems: Seed Implantation Systems, Afterloading Systems

6) By High-Intensity Focused Ultrasound (HIFU) Systems: HIFU Devices For Prostate Treatment, HIFU Devices For Kidney Treatment

7) By Urodynamic Systems: Urodynamic Measurement Systems, Portable Urodynamic Systems

8) By Urology Consumables: Catheters, Biopsy Needles, Surgical Instruments, Imaging Contrast Agents

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What are the top market players propelling the growth of the urology devices industry?

Major companies operating in the urology devices market include Boston Scientific Corporation, Cook Medical Incorporated, Stryker Corporation, Intuitive Surgical Inc., Karl Storz SE & Co. KG, Medtronic PLC, Olympus Corporation, Cardinal Health Inc, B. Braun Melsungen AG, Dornier Med Tech, Becton Dickinson and Company, Coloplast Corp., STERIS Corporation, Integer Holdings Corporation, Surgical Holdings Corp., Healthtronics Inc., Argon Medical Devices Inc., Aspivix SA, Aytu BioScience Inc., DistalMotion SA, EDAP TMS, InnovaQuartz LLC, Lumenis, NeoTract Inc., NIKKISO CO. LTD, Pelvital USA Inc., Perineologic, Procept BioRobotics, Promaxo, Promedon GmbH, PSS Urology Inc., Teleflex Incorporated, Urologix LLC, UroMems, Urotech GmbH, Zenflow Inc.

What are the key trends shaping the future of the urology devices market?

In the urology device market, leading companies are increasingly concentrating on innovative products such as urology cameras to improve prostate health. These devices are specialized for medical imaging and are utilized in urological procedures to get high-definition images of the urinary tract, bladder, urethra, and other related structures. For instance, in September 2024, Olympus Corporation, an optical technology firm based in Japan, introduced its latest 4K camera head, the CH-S700-08-LB, specifically designed for urological and gynecological endoscopy procedures. This camera head gives four times the pixel resolution of standard HD camera heads, providing superior 4K white light and 4K Narrow Band Imaging (NBI) image quality. This enhanced visualization technique is vital for observing mucosal structures and capillary patterns, particularly for diagnosing illnesses like bladder cancer.

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What regions are dominating the urology devices market growth?

North America was the largest region in the urology devices market in 2024. The regions covered in the urology devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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