Factors driving the growth of this market include the growing geriatric population, rising incidence of cancer, increasing healthcare expenditure, and technological advancements in urology devices.
The
report Urology
Devices Market is
expected to reach USD 44.37 Billion by 2022 from USD 31.44 Billion in 2017, at
a CAGR of 7.1%.
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Market
Segmentation: -
By
product, the urology devices market is classified into instruments and
consumables & accessories. The instruments segment is expected to lead the
global urology devices market in 2017.
By
disease, the market is segmented into kidney disease, urological cancer and
BPH, pelvic organ prolapse. The kidney diseases segment is expected to account
for the largest share of the global urology devices in 2017.
On
the basis of end user, the urology devices market is categorized into hospitals
and clinics, dialysis centers, and other end users. The hospitals and clinics
segment is estimated to account for the largest share of the global urology
devices market during the forecast period.
Recent
Developments: -
- In May 2017, Fresenius Medical Care launched bicaVera and bicaNova
- In October 2016, Richard established a new subsidiary—RIWOspine
GmbH (Knittlingen, Germany)
- In May 2016, Fresenius Medical Care launched the 6008 CAREsystem
for the treatment of patients with ESRD
- In May 2016, KARL STORZ commercially launched its Blue Light
Cystoscopy (BLC) with Cysview. This allowed the company to offer
urologists with a new additional diagnostic option for treating all
patients having renal disorder
- In May 2015, Richard Wolf opened a new logistics center with a
10,000-m2 floor space at its headquarters in Knittlingen, Germany. The new
facility has dedicated warehouse areas equipped with the latest
warehousing technology and management systems.
Regional
Analysis: -
Based
on region, the urology devices market is segmented into North America, Europe,
Asia, and the Rest of the World (RoW). North America is expected to dominate
the urology devices market in 2017.
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Top
Key Players: -
Key
players in the urology devices market include Fresenius Medical Care (Germany),
Baxter (US), Boston Scientific (US), Olympus (Japan), Richard Wolf (US), KARL
STORZ (Germany), Cook Medical (US), Medtronic (US), C. R. Bard (US), Dornier
MedTech (Germany), Prometheus Group (US), Medi-Globe (US), Intuitive Surgical
(US), Merit Medical Systems (US), Siemens Healthcare (Germany), Stryker (US),
ROCAMED (France), Medica (Italy), NOVAmedtek (Turkey), SRS Medical Systems
(US), ProSurg (US), Albyn Medical (UK), EMD Medical Technologies (Canada), and
Biolitec (Germany).
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