Report ID: SQMIG35A2792
Report ID:
SQMIG35A2792 |
Region:
Global |
Published Date: August, 2024
Pages:
219
|
Tables:
67 |
Figures:
75
Global Urology Devices Market size was valued at USD 40.41 Billion in 2022 and is poised to grow from USD 42.35 Billion in 2023 to USD 61.62 Billion by 2031, at a CAGR of 4.8% during the forecast period (2024-2031).
The urology devices are used for diagnosing and treating different types of urological diseases, like urolithiasis, urethral malignancies, bladder disorders, and kidney problems. The devices that are used in the treatment of these diseases are urodynamic systems, urology robotic systems, laser & lithotripsy devices, cystoscopes, and ureteroscopes. These devices are also utilized for the treatment of diagnosing bladder and urethra-related disorders. The demand for urology devices is increasing rapidly due to the increasing incidences of kidney disorders, bladder cancer, prostate cancer, and chronic kidney diseases. Furthermore, technological innovations in urology products are also positively influencing the growth of the market. Moreover, the growing demand for single-use cystoscopes is also driving the market. Companies are also engaging in acquisitions and mergers to increase their presence in the market and expand product offerings. Constant research and development to enhance the efficiency of present urology devices and to launch more advanced products are also driving the market growth. These factors are cumulatively contributing towards the progression and advancement of the global urology devices market.
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Report ID: SQMIG35A2792