Urology devices sales projected to grow at 6.3% CAGR

The global urology devices market is evaluated at USD 11.8 Billion in 2022 and is forecast to outshine USD 21.7 Billion by 2032, mounting at a CAGR of 6.3% from 2022 to 2032.Urology is the branch of medicine that deals with the diseases associated with the male & female urinary tract and male reproductive system. These diseases include bladder control problems, kidney stones, urinary tract infections, prostate problems, cancer, and others.

The offer in this portion accompanies many open doors including fabricating items, appropriation, retail, and showcasing administrations. Broad rounds of essential and a far reaching optional exploration have been utilized by the examiners at Fact.MR to show up at different assessments and projections for demand of urology devices market both at worldwide and provincial levels.

Market players: –

• Siemens AG
• Baxter International Inc.
• Boston Scientific Corp
• Stryker Corporation
• Olympus Corporation
• Cook Medical Inc.
• KARL STORZ GmbH & Co. KG
• Richard Wolf GmbH

Key partners in market including industry players, policymakers, and financial backers in different nations have been persistently realigning their systems and ways to deal with carry out them to take advantage of new open doors. Numerous lately have updated their procedures to stay coordinated in the setting of overall disturbances brought about by the Covid-19 pandemic.

Competitive landscape: Top companies in urology devices market
Leading key players in the global urology devices market are coming up with innovative ideas to boost the growth of their products in the market. The majority of the players are targeting specific consumers with high demand to lead the market by having early entry is segments.

Fact.MR has provided detailed information about price points of top manufacturers of urology devices market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.

For instance :

1. In January 2022, Ascend Wellness Holdings, a dialysis testing laboratory, has signed a strategic partnership with Siemens Healthineers, to expand the testing capacity in the Ascend’s new laboratory in California
2. In November 2021, a Taiwan-based company, Brain Navi Biotechnology has re received CE (Conformité Européenne) mark for its robotic-assisted surgical robot NaoTrac

Global urology devices market by category

• By product type, global urology devices market is segmented as:
  • Dialysis devices
  • Endoscopes
  • Lasers & lithotripsy devices
  • Robotic systems
  • Endovision systems
  • Peripheral instruments
  • Urodynamic systems
• By sisease, global urology devices market is segmented as:
  • Kidney diseases
  • Cancer and BPH
  • Pelvic organ prolapse
  • Other diseases
• By end-user, global urology devices market is segmented as:
  • Hospitals and clinics
  • Dialysis centers
  • Other end users

Regional analysis includes

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
• EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
• CIS & Russia
• Japan
• Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)

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