Lucrative Reimbursement Policies Pertaining Urological Tests to Favor Growth in Urodynamics Devices

Published: Thu May 09 2019

In order to offer readers with up-to-date information about the latest advancements in the global urodynamic devices market, the report provides updates about market opportunities, which can benefit leading manufacturers of urodynamic devices. With continuous evolution of the healthcare sector, keeping a record of latest developments and trends is fundamental for urodynamic devices manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, regulatory approvals, pricing analysis, list of distributors, and cost structure provided in this section.

With large scale prevalence of chronic disorders such as bladder cancer and urinary incontinence, demands for urodynamic devices is poised to remain robust. Further, substantial initiatives towards urinary incontinence awareness such as its underlying causes, symptoms, and potential remedies are likely to further reinforce growth.

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To encourage greater end-user adoption vendors in urodynamics devices landscape offer superlative value additions such as user convenience, precise display and portability to aid greater adoption. In this light, leading global provider of sophisticated urinary dynamic devices, Redicaddy has diversified its product portfolio with the addition of a new urodynamic system under the brand, RediFlow that demonstrates absolute portability to support multiple settings. The device operates on wireless technology to comply with connected devices, also featuring a user friendly software package such as Technology Bundle to ensure seamless operations.

Urodynamics Devices Market: Overview

The urodynamics devices market has been analyzed in detail to offer definitive forecast insights on the market for the period 2017-22. This report is an exhaustive compilation of a detailed overview of urodynamics devices and analyzes the market in terms of market dynamics, macro and micro-economic determinants that shape market growth, also shedding light on other relevant factors that direct future prospects of the market trajectory.

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North America will Retain its Dominance in the Global Urodynamic Devices Market

North America will retain its dominance in the global market for urodynamic devices, in terms of revenues. This is primarily attributed to surging prevalence of target diseases in the region, coupled with the robust adoption of urodynamic products in a variety of diagnostic procedures, pharmaceutical as well as healthcare centers, and rising preference of urologists & urogynecologists for urodynamic tests.

Uroflowmetry urodynamic devices are projected to remain the top-selling device, accounting for over one-fourth revenue share of the market throughout the forecast period. This is mainly because of extensive utilization of uroflowmetry for diagnosis of benign prostatic hypertrophy, prostate cancer, neurogenic bladder, bladder dysfunction, bladder cancer, and urinary blockage. In addition, urodynamic catheters are estimated to be the fastest-selling device in the global urodynamic devices market during 2017 to 2022.

Urodynamics Devices Market: Competition Landscape

Key players participating in the global urodynamic devices market include Albyn Medical Ltd., Boston Scientific Corporation, Medica SpA, Neomedix Systems Pty. Ltd., Dantec Dynamics A/S, CooperSurgical Inc., LABORIE, Verathon Inc., and Best Medical International Inc.

The report allows readers to maneuver competitive and tactical business strategies based on aforementioned insights and ensure sustained revenue pools in urodynamics devices market.  

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