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Urology Devices - Worldwide Market Forecasts to 2024 - ResearchAndMarkets.com

December 23, 2019 GMT

DUBLIN--(BUSINESS WIRE)--Dec 23, 2019--

The “Urology Devices Market - Forecasts from 2019 to 2024” report has been added to ResearchAndMarkets.com’s offering.

Global urology devices market is projected to grow at a CAGR of 11.6% to reach US$48.523 billion by 2024, from US$25.116 billion in 2018.

Urology has been one of the major sectors adopting novel medical technologies, such as minimally invasive surgery and robotic surgery, to improve patient outcomes. Continuous technological advancements in the products will also augment the market growth during the given time frame.

The urology devices market is expected to show significant growth during the given forecast period. The growth in the market may be attributed to the rising incidences as well as awareness in regards to the urological disorders such as prostate cancer, chronic pelvic pain syndrome, interstitial cystitis, bladder cancer, kidney stones, etc. among the population. In US alone more than 3 million women are affected by interstitial cystitis/bladder pain syndrome (IC/BPS) and 10% of the adults suffer from daily urinary incontinence. However, high cost of the urology devices coupled with stringent regulatory requirements is expected to restrain the market during the given forecast period.

This report is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by Devices, Indication, End-Users, and geography.

Based on devices type, the market has been segmented as Dialysis Devices, Endoscopic Devices, Lasers & Lithotripsy Devices, Endovision Devices, and Others. On the basis of Indication, global Urology devices market is segmented as Prostate Cancer, Bladder Cancer, Kidney Stones, Benign Prostatic Hyperplasia and Others. Based on End-Users, the market has been segmented as Hospitals and Clinics, Ambulatory Care Centers and Speciality Clinics.

Regional analysis has been provided with detailed analysis and forecast for the period 2019 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa, and Asia Pacific regions. The report also analyzes major countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.

Major players in the urology devices market have been covered along with their relative competitive position and strategies. the report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the urology devices market.

Segmentation

By Devices

By Industry Vertical

By End user

By Geography

North America

South America

Middle East and Africa (MEA)

Asia Pacific (APAC)

Companies Profiled

For more information about this report visit https://www.researchandmarkets.com/r/k7jh5p

View source version on businesswire.com:https://www.businesswire.com/news/home/20191223005284/en/

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KEYWORD:

INDUSTRY KEYWORD: MEDICAL DEVICES HEALTH

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 12/23/2019 08:32 AM/DISC: 12/23/2019 08:32 AM

http://www.businesswire.com/news/home/20191223005284/en