Urology Devices Market: Prevalence of Kidney Diseases to Boost Adoption

Published: Mon Apr 15 2019

Armed with an enhanced knowledge of anatomy and medicine, urological practice is at an essential stage where the maximum effort is put towards producing technology which provides a minimally invasive, individualized and targeted approach to treating disease. Given urology is a field at the forefront of research and innovation, development has been pervasive.

Robotics has been widely accepted in urology owing to the former being minimally invasive, offering 3D vision and leveraging magnification of fields of view and offering dexterity and precision. As such, rampant kidney diseases has signified the importance of minimally invasive treatment. Novel robotic procedure is being implemented with an aim to a complete-tumor-removal without scattering and incision. Additionally, robotics is growing in popularity in pediatric urology.

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Given childbirth surgery frails the sphincter in woman, they become more vulnerable to urological diseases such as stress incontinence. Meanwhile, with acute kidney disease becoming pervasive, tissue regeneration has become the cornerstone of the future. The synergy efforts in regenerative medicines and tissue engineering will produce an artificial kidney.

In an era where techniques are being refined to provide reduces length of hospital stay and infection rates, minimally invasive treatments are anticipated to become immensely used over the next few decades. As such, manufacturers in the industry are keenly focused on augmenting medical devices which provide minimally treatment process. Thus, integration of leading technological developments are being perceived.

Factors Fuelling Global Market Growth

Growth of the  urology devices market is mainly bound to various macro-economic and micro-economic factors. Prevalence of kidney diseases will continue to fuel demand for various invasive and minimally treatment procedures. Unhygienic habits developed due to fast-paced lifestyle has led to increasing prevalence of various urological disorders among people of various age groups. Unmanaged obesity, excessive smoking and chronic coughing and sneezing has led to growing prevalence of diseases such as stress incontinence globally.

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Urology Devices Market: Overview

The report offers a coherent analysis on the urology devices market for the forecast period 2018-2026. Further, the report also shed light on dynamics of the market, including drivers, trends, restraints and opportunities. Besides, the report delves into the segmentation of the market which is aimed at providing readers with an in-depth view of the market.

The report on urology devices delves into supply chain and cost structure to provide a robust view of the urology devices market. The report also includes disease epidemiology and product lifecycle analysis. Furthermore, PESTLE analysis offers an in-depth view of urology devices in the global market. The report also includes a comprehensive assessment on the basis of average pricing analysis.

The market for urology devices adopts supply-demand approach to provide a holistic picture of the market. In-house panel of experts have thoroughly analyzed the research sources, including secondary sources and primary sources. Revenue comparison, market share comparison and Y-o-Y growth comparison on the geography lead to the market size of the urology devices. The growth of manufacturers in the historical and forecast period are estimated to assist the readers with investment decisions.

Urology Devices Market: Competitive Landscape

Leading players being instrumental for the growth of the urology devices market are assessed and profiled with respect to financial overview, company overview, product offering, strategies, recent development and key differentiators. Furthermore, the report encompasses SWOT analysis to present an overall picture of the competitive landscape of the urology devices market.

Leading market players operating in the global urology devices market include Siemens AG, Baxter International, Inc., Boston Scientific Corp, Stryker Corporation, Olympus Corporation, Cook Medical Inc., KARL STORZ GmbH & Co. KG and Richard Wolf GmbH.

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