Showing posts with label Urology Devices Market. Show all posts
Showing posts with label Urology Devices Market. Show all posts

Thursday, 5 September 2019

Urology Devices Market Expected to Grow At A Significant Rate During The Forecast Period


Urology Devices Market Overview:
Market Research Future (MRFR) in their latest report on the global urology devices market revealed that a 7.1% CAGR during the forecast period (2017-2023) is possible if factors play right throughout. The urology devices market can even surpass its expected market worth by the end of 2023. Urology is the branch of medical studies that focuses on female urinary tract system and the male reproductive organs. Organs that are part of this study includes kidneys, adrenal glands, ureters, urinary bladder, urethra, and the male reproductive organs. Devices related to the study of this field is getting significant traction owing to the prevalence of diseases that affect these organs. Along with it, advents in technology is something that can guide the market forward.
However, the urology devices market can get pulled back due to the poor reimbursement policies and costly devices. But the urology devices market can benefit from the rivalry taking place between companies for better market percolation.  
Segmentation:
MRFR in their detailed discussion on the global urology devices market put a special emphasis on the segments. These segments are types, applications, technology, and end-users.
Based on the types, the urology devices market can be segmented by urinary stone treatment devices, dialysis equipment, benign prostatic hyperplasia treatment devices, endoscopy devices, urinary incontinence & pelvic organ prolapsed devices, and others. The dialysis equipment segment can be further segmented into haemodialysis, peritoneal dialysis, and others. The urinary stone treatment devices segment includes lithotripsy, ureteral stents, and others. The urinary incontinence & pelvic organ prolapsed devices segment consists urethral inserts & pessaries, vaginal meshes & slings, sacral neuromodulator, and others. The benign prostatic hyperplasia treatment devices segment includes catheter ablation, prostatic stents, and others. The dialysis segment has substantial market presence and it can grow bigger during the forecast period.
Based on the technology, the urology devices market can be segmented into robotic surgery, minimally invasive surgery, and others. The robotic surgery segment is all set to expand with substantial market domination.
Based on the applications, the urology devices market includes urinary incontinence, prostate cancer, urinary stones, benign prostatic hyperplasia, and others.
With the focus on end-users, the urology devices market can be segmented into hospitals, ambulatory services and others. The hospitals segment can expect for substantial market expansion.
Regional Analysis:
MRFR, in their region-specific analysis of the global urology devices market, includes the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).
The Americas has the maximum market share owing to the significant technological advancement they have made in their field. The region has high healthcare expenditure and the cases related to kidney are quite prevalent owing to which the sector can expect substantial rise.
Europe is only second to the Americas in terms of generating revenues for the market. The region has the strength to retain its global position during the forecast period with significant market possession. Europe’s increasing investment in the research & development is one strong point that is going to set their future market demography on the track of profit.
The APAC market is quite lucrative as several countries from the region are experiencing strong economic surge. High healthcare expenditure can be witnessed as well as governments are spending heavily to revamp their healthcare infrastructure. Riding on such developments the regional market is expected to grow with the fastest CAGR during the forecast period.
Competitive Landscape:
Players to substantially influence the global urology devices market are Olympus Corporation (Japan), KARL STORZ GmbH & Co. KG (Germany), Boston Scientific Corporation (US), Medtronic (US), C. R. Bard, Inc. (US), Stryker (US), HealthTronics, Inc (US), NIKKISO CO. LTD (Japan), Fresenius Medical Care AG & Co. KGaA (Germany), Cook (US), Dornier MedTech (Germany), and others.
In 2018, Urotronic, a startup based out of Plymouth raised USD 20 million in Series B funding led by HM (Hillhouse & Mayo Clinic) Ventures. Among other significant investors CDBI Partners, OCXPROURO Limited andLegend Capital are crucial. The investment is to support a new product called Optilume that can keep the urinary tract clear.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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Magarpatta Road, Hadapsar,
Pune – 411028
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+1 646 845 9312
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Monday, 12 August 2019

Urology Devices Market Growing Strong With Top Key Players- Urology Devices Market Growing Strong

Market Synopsis:Market Research Future (MRFR)’s latest report reveals that the global urology devices market is poised to thrive at 7.1% CAGR during the forecast period 2017 to 2023. Urology devices are effective in the treatment of ailments related to organs such as adrenal glands, urinary bladder, ureters, urethra, etc. In addition, the rising prevalence of diseases associated with male reproductive organs and female urinary tract system is likely to expedite the growth of the urology devices market in the upcoming years.
Urology device finds application in the treatment of diseases such as prostate cancer, traumatic injury, kidney stones, and congenital abnormalities among others. The increasing patient pool of these diseases is projected to catapult the urology devices market on the trajectory of growth during the projection period.
Investments are prognosticated to flow towards research & development of these devices. This, in turn, is anticipated to augment the urology devices market in the forthcoming years. The market is forecasted to remain highly lucrative over 2023. Furthermore, an expansion of market presence for these devices is foreseen, which is predicted to catalyze the proliferation of the global urology devices market. Nevertheless, expensiveness of urology devices remains impediments to market growth.
Market Segmentation:On the basis of type, the global Urology Devices Market has been segmented into dialysis equipment, urinary stone treatment devices, dialysis equipment, endoscopy devices, urinary incontinence & pelvic organ prolapsed devices, benign prostatic hyperplasia treatment devices, and others.
The dialysis equipment segment is further sub-segmented into hemodialysis, peritoneal dialysis, and others.
The urinary stone treatment devices segment has been sub-segmented into lithotripsy, ureteral stents, and others.
The urinary incontinence & pelvic organ prolapsed devices segment are sub-segmented into urethral inserts & pessaries, sacral neuromodulator, vaginal meshes & slings, and others.
The benign prostatic hyperplasia treatment devices segment has been further sub-segmented into catheter ablation, prostatic stents, and others.
On the basis of technology, the urology devices market has been segmented into robotic surgery, minimally invasive surgery, and others.
On the basis of application, the global urology devices market has been segmented into prostate cancer, urinary stones, benign prostatic hyperplasia, urinary incontinence, and others.
On the basis of end-users, the urology devices market is segmented into ambulatory services, hospitals, and others.

Regional Insights:The Global Urology Devices Market, by region, has been segmented into Americas, Europe, Asia Pacific, and the Middle East & Africa. Americas presently account for the largest share of the global market. It is expected to exhibit significant growth over the assessment period owing to technological developments, increasing healthcare expenditure and rising prevalence of diseases such as kidney stones, traumatic injury, etc.
Europe has the second largest share of the global urology devices market and is expected to retain its market share towards the end of the forecast period. The growth can be ascribed to the rising geriatric population and accelerated investments in research & development.
Asia Pacific is an extremely lucrative market and has been prognosticated to strike the highest CAGR over the projection period. The strong economic growth of the region coupled with developments in the healthcare sector is projected to drive the growth of the regional market. Meanwhile, the Middle East & Africa is poised to witness limited growth due to limited availability of standard healthcare facilities in certain regions.

Competitive Landscape:Some of the key players profiled in the report are Medtronic (US), Boston Scientific Corporation (US), Karl Storz GmbH & Co. KG (Germany), Olympus Corporation (Japan), C. R. Bard, Inc. (US), Fresenius Medical Care AG & Co. KGaA (Germany), Cook (US), Dornier MedTech (Germany), Nikkiso Co. Ltd (Japan), Stryker (US), and HealthTronics, Inc (US).

Industry News:In April 2018, Dornier MedTech, a medical device company, has started direct sales in the U.S. for its Surgical Holmium Lasers and Fibers.
In November 2018, NeoTract, a manufacturer of devices in the field of urology, has received Shonin approval for UroLift® System which is useful in the treatment of benign prostatic hyperplasia (BPH).
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
 MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Table Of Contents
1 Introduction
1.1 Definition
1.2 Scope Of The Study
1.2.1 Research Objective
1.2.2 Assumptions & Limitations
1.2.2.1 Assumptions
1.2.2.2 Limitations
1.3 Market Structure:
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Macroeconomic Indicators
4 Market Factor Analysis
4.1 Porters Five Forces Model

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+1 646 845 9312
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