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 medical lasers market report forecasts the urology medical lasers market size to grow to $1.23 Billion by 2027, with a CAGR (compound annual growth rate) of 5%.

Learn More On The Urology Medical Lasers Market Report 2023 – https://www.thebusinessresearchcompany.com/report/urology-medical-lasers-global-market-report

Urology Medical Lasers Market Size Forecast
The global urology medical lasers market is expected to grow from $0.97 billion in 2022 to $1.01 billion in 2023 at a compound annual growth rate (CAGR) of 4.9%. 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 urology medical lasers market size is expected to grow from $1.23 billion in 2027 at a CAGR of 5.0%.

North America held the largest urology medical lasers market share.

Key Urology Medical Lasers Market Driver ­– Rise In Cases Of Urological Disorders
According to the American Institute for Cancer Research’s statistics on bladder statistics, bladder cancer is the sixth most common cancer in men and the 17th most common cancer in women. The surge in urological diseases and conditions increases the demand for urological surgeries and supports the growth of the urology medical lasers market.

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Key Urology Medical Lasers Market Trend – Developing New Products Incorporating Advanced Technology
Major players operating in the market are continuously focusing on developing new products incorporating advanced technology to meet the requirement of medical professionals. For instance, in June 2020, Olympus Corporation, a Japanese manufacturer of innovative medical and surgical products, launched the Soltive SuperPulsed Thulium Fiber Laser System designed for stone lithotripsy and soft tissue applications in urology. The SuperPulsed thulium fiber laser dust stones into very fine particles faster than other laser systems.

Urology Medical Lasers Market Segment
1) By Laser Type: Holmium Laser System, Diode Laser System, Thulium Laser System, Other Laser Types
2) By Application: Benign Prostatic Hyperplasia (BPH), Urolithiasis, Non-Muscle-Invasive Bladder Cancer (NMIBC), Other Applications
3) By End User: Hospital, Clinic, Other End Users

Urology Medical Lasers Market Major Players and Strategies
Major players in the urology medical lasers market are Olympus Corporation, Ethicon Inc., Stryker Corporation, Boston Scientific Corporation, Richard Wolf GmbH, Cook Medical Incorporated, Karl Storz SE & Co. KG, Lumenis Ltd., Becton Dickinson and Company, and OmniGuide Holdings Inc.

In September 2021, Boston Scientific, a US-based biomedical engineering company, acquired Lumenis ltd for an undisclosed amount. The acquisition would integrate Lumenis’s laser portfolio into Boston Scientific’s kidney stone management and benign prostatic hyperlapsia offerings. Lumenis is a Israel-based manufacturer of energy-based medical solutions.

The Urology Medical Lasers Global Market Report 2023 covers regional data on urology medical lasers market size, urology medical lasers market trends and drivers, opportunities, strategies, and urology medical lasers market competitor analysis. The countries covered in the urology medical lasers 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 medical lasers are used in the treatment of medical conditions related to the urniary system such as urinary stones, benign prostatic hyperplasia (BPH).

View More Reports Related To The Urology Medical Lasers Market –
Nephrology And Urology Devices Global Market Report 2023
Urinary Stone Treatment Devices And Equipment Global Market Report 2023
Urinary Incontinence & Pelvic Organ Prolapse Devices And Equipment Global Market Report 2023

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