Global Urology Devices Market Size, Product, Disease Type and Forecast 2024

Data Bridge Market Research provides new industry report “global urology devices market” accounted to USD 29.12 billion in 2016 growing at a CAGR of 7.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Global Urology Devices Market By Product (Dialysis Devices {Hemodialysis Devices, Peritoneal Dialysis Devices}, Urology Endoscopes, Lasers & Lithotripsy Devices, Robotic Systems, Peripheral Instruments, Endovision Systems, Urodynamic Systems, Consumables &Accessories), By Disease Type (Kidney Diseases, Urinary Stones, Benign Prostatic Hyperplasia, Urinary Incontinence, Pelvic Organ Prolapse, Urological Cancer), By Geography – Industry Trends and Forecast to 2024.

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Urology devices are used to diagnose the disorders associated with male and female urinary tract systems and the male reproductive organs. These devices are used to treat the chronic kidney diseases, urinary tract infection, kidney stone, prostate enlargement bladder cancer, and prostate cancer. These devices cause less pain and enable faster recovery and reduced hospital stay. The rising cases of urology diseases foster the market.

Major Market Drivers and Restraints:

  • Rising occurrence of urological and kidney diseases.
  • Rising elderly populace with increased risk of urological conditions.
  • Technological Advancements
  • Increasing hospital investments to improve organization for urological disease treatment.
  • High price of endoscopy systems.

Market Segmentation:

By product the market for urology devices market is segmented into dialysis devices, urology endoscopes, lasers & lithotripsy devices, robotic systems, peripheral instruments and urodynamic systems. Dialysis devices are further segmented into hemodialysis devices and peritoneal dialysis devices. Hemodialysis devices are further sub segmented into hemodialysis machines and consumables and supplies. Peritoneal dialysis devices are further sub segmented into peritoneal dialysis concentrates/dialysates, peritoneal dialysis machines, peritoneal dialysis catheters, peritoneal dialysis transfer sets and others.

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Urology endoscopes are further segmented into laparoscopes, ureteroscopes, nephroscopes, resectoscopes and cystoscopes. Peripheral instruments are further segmented into insufflators and endoscopy fluid management. Endovision systems are further segmented into endoscopic light sources, endoscopic cameras, wireless displays and monitors and camera heads. Consumables &accessories are further segmented into 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.

By disease type the market is segmented into kidney diseases, urinary stones, benign prostatic hyperplasia, urinary incontinence, pelvic organ prolapse and urological cancer.

Competitive Analysis:

The urology devices market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of urology devices market for global, Europe, North America, Asia Pacific and South America.

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Major Market Competitors:

Some of the major players operating in urology devices market areMedtronic, Siemens AG, Baxter, B. Braun Melsungen AG, Fresenius Medical Care AG & Co. KGaA, Karl Storz GmbH & Co. Kg, Stryker, Olympus Corporation, Cook Group, C.R. Bard, Inc., Dornier MedTech GmbH, Richard Wolf GmbH, Lumenis, Teleflex Incorporated,  Urologix, LLC., Urology Healthcare Group, Inc., Boston Scientific Corporation, Intuitive Surgical, Dornier MedTech, HealthTronics, Inc., Coloplast Corp, Endo Pharmaceuticals Inc. and NIKKISO CO.,LTD.among others.

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