Introduction
The market for urology devices is a wide category that includes tools used to address a variety of urological system-related issues. Benign prostatic hyperplasia (BPH), prostate cancer, kidney, and urinary stones, erectile dysfunction, and urine incontinence are all treated with urology equipment. Urological endoscopes, urodynamic equipment, and nephrostomy devices are a few more markets that have been researched.
STERIS has listened to issues and created urology devices that meet unmet requirements by collaborating closely with urology-focused professionals. The Uretero1 Video Ureteroscopy System is a cutting-edge, single-use ureteroscopy and video imaging console that offers superior visibility of the urinary system while undergoing treatments. A variety of cleaning brushes that provide adaptable solutions for various urological demands are among the other urology items. During operations, the UroSealTM adjustable valve enables one-handed operation while passing conventional urology tools.
Definition
The introduction of the single-use flexible ureteroscopy market with the release of Boston Scientific’s LithoVueTM in 2016 was one of the most successful breakthroughs in the urological device industry. Because the gadget is single-use, the pricey reprocessing and sterilization procedure is cut out. Due to the sector’s development, several businesses are now vying for single-use scope market share. In fact, the development of single-use ureteroscopies led to the development of single-use cystoscopes.
The market for urology devices is divided into different categories based on the product, disease, technology, application, and end-user. The development of these categories will assist you in analyzing the industries’ scarce growth segments and give users a useful market overview and industry insights to aid in the selection of key market applications.
Covid 19 impact on Urology Devices Market
Due to the widespread distribution of COVID-19, several healthcare facilities are now overrun with critically ill patients and medical supplies including dialysis machines, endoscopes, and lithotripsy devices. Acute renal damage and respiratory distress are both symptoms of COVID-19 in people. When the patient’s body is unable to rid itself of excess fluid and waste, multi-organ failure and renal failure may result. The urology device market has a positive effect on COVID-19 due to the usage of dialysis equipment in patient treatment. However, throughout the epidemic, urological practices have declined. COVID-19 therefore has a conflicted effect on the market under investigation.
Key factor which affect urology devices market
Technology developments, a growing senior population, and a high prevalence of urologic disorders are the main drivers of market growth.
- The American Urological Association Foundation (AUAF) lists the most prevalent urological illnesses as benign prostatic hyperplasia (BPH), urinary incontinence (UI), urinary tract infections (UTIs), and kidney and ureteral stones.
- States of America The National Institute of Medicine estimates that 150 million individuals worldwide suffer from urinary tract infections as of July 2020. Additionally, 11% of women visit a doctor every year for treatment of a urinary tract infection. One of the most prevalent microbiological disorders affecting people of all ages is urinary tract infection (UTI). Every year, 150 million individuals throughout the world are affected with UTIs. Patients with diabetes are more likely to have UTIs. Complications from UTIs, such as dysuria and organ damage. Are linked to a rise in the number of diabetics worldwide.
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Scope of the urology devices market Report
- According to the report’s scope, urological disorders include prostate cancer, erectile dysfunction in males, benign prostatic hyperplasia (BPH), incontinence in men and women with advancing age, and kidney stone disease (urolithiasis).
- As a result, urologists use these tools to treat urinary problems. The market for urology devices is divided by product, disease, disease types (Kidney diseases, urological cancer and BPH, pelvic organ prolapse, other diseases), and geography (North America, Europe, Asia-Pacific, Middle East & Africa, and South America). For the aforementioned segments, the report provides the value (in USD million).
Market Overview
- During the forecast period of 2021 to 2028, the urological devices market is anticipated to expand at a CAGR of 5.17%. The urological devices market research from Data Bridge Market Research offers analysis and insights into the numerous elements that are anticipate to be present throughout the course of the forecast period as well as their effects on the market’s expansion. The market for urology equipment is expanding at a faster rate due to the increase in procedures.
- The term “urology devices” refers to the category of medical equipment that is use to diagnose a wide range of conditions affecting the urinary tract. These devices aid in the treatment of kidney stones, prostate enlargement, bladder cancer, and prostate cancer. Patients’ treatment and recuperation times can be shorten and more effectively with urology devices.
- One of the key reasons propelling the growth of the urology devices market is the rise in incidence and prevalence of urological disorders worldwide. The rise in hospitals and investments in endoscopy and laparoscopy facilities, as well as the increased need for urology and nephrology equipment due to the substantial association between renal failure and the aforementioned illnesses, all contribute to the market’s rapid expansion.
- The market is also influence by a growth in the need for permanent surgical solutions as well as a desire for minimally invasive treatments. Due to its many benefits, including quick recovery and less discomfort. Additionally, the urology devices market is favorably impact by population increase. The expansion of the healthcare industry, urbanization, and rising urological condition awareness.
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