The global
urology surgical instruments market is foreseen to grow at 7.7%, from USD 28.54
Billion in 2021 to USD 51.66 Billion in 2029. Growing investments, funds, and
grants by government bodies worldwide, increasing hospital investments in
surgical infrastructure, rising geriatric population are the factors driving
the growth of the global urology surgical instruments market. However,
unfavourable healthcare reforms in the U.S. has seen restraint in the market
growth for the estimated period.
Market Definition
What is Urology Surgical
Instruments?
Urology is a
part of health care that deals with diseases of the male and female urinary
tract (kidneys, ureters, bladder and urethra). Urology surgical instruments are
tools that allow surgeons to open, remove, dissect and remove or obliterate the
abnormal structures as a treatment.
Market Overview
The Urology
Surgical Instruments market research study helps to thoroughly understand the
current trend in the market, competitive analysis of the players in the
emerging market. Moreover, the DRO in the Urology Surgical Instruments market
offers valuable perspicuity and a current scenario for making the right
decision. The research study covers the eminent players in the market with a
detailed analysis of the company and a financial overview containing their net
sales, business mix and geographical reach. It mainly focuses on the key
developments of the products/services offered by the company in recent years.
Besides, we at Zettabyte have the expertise to analyse the global Urology
Surgical Instruments market player's competitive landscape, helping the client
comprehend their specific strategic growth approaches.
Urology
Surgical Instruments Market study by "Zettabyte Analytics" offers
details about the market scope, market segmentation, technological advancement
in the Urology Surgical Instruments market and highlights the optimistic,
competitive landscape and trends enduring over the years.
Major players in
the urology surgical instruments market include Baxter International Inc.,
Boston Scientific Corporation, C. R. Bard Inc., Coloplast A/S, Conmed Corporation,
Cook Medical Incorporated, Coopersurgical, Inc. (A Subsidiary of The Cooper
Companies, Inc.), Dornier Medtech GmbH, Fresenius Medical Care AG & Co.
KGaA, Intuitive Surgical, Karl Storz GmbH & Co. Kg, Maxer Endoscopy GmbH,
Medtronic PLC, Millennium Surgical Corp, Olympus Corporation, Richard Wolf
GmbH, Siemens, Sklar Surgical Instruments, Stryker Corporation, Surgical
Holdings, Teleflex Incorporated
COVID-19 Impact on Global Urology
Surgical Instruments Market
The global impact
of COVID-19 has lost millions of lives with a massive cost to the healthcare
system. Moreover, the treatment cost for patients with COVID-19 has also had a
financial impact globally. The impact of COVID-19 on the Urology Surgical
Instruments Market has forced the companies to change their sourcing, pricing,
and promotion strategies. The Urology Surgical Instruments Market players are
seen focusing more on optimizing the E-commerce networks with the rising
innovations in the digital sector, which are creating new business models for
the healthcare industry player.
Research Scope
The report
provides market value for the base year 2021 and a yearly forecast from 2022 to
2029 in revenue (USD Million/ Billion). The market for each segment is present
in North America, Europe, Asia Pacific, Latin America, Middle East &
Africa, and the regional basis for the forecast mentioned above.
Key industry
dynamics, regulatory scenarios, major material dynamics and Urology Surgical
Instruments' future markets are analyzed to understand their impact on demand
for the forecast period. Growth rates have been estimated using correlation,
regression and time-series analysis.
Market Segmentation
For the purpose
of this report, the global urology surgical instruments market is segmented on
the basis of product type, application, disease type, end use and region:
Product Type
|
Urology Endoscopes
|
|
Laproscopes
|
|
Ureteroscopes
|
|
Nephroscopes
|
|
Resectoscopes
|
|
Cystoscopes
|
Endovision Systems
|
|
Endoscopic Light Sources
|
|
Endoscopic Cameras
|
|
Wireless Monitors and
Displays
|
|
Camera Heads
|
Peripheral Systems
|
|
Insufflators
|
|
Endoscopic Fluid
Management Systems
|
Consumables and
Accessories
|
|
Guidewires
|
|
Catheters
|
|
Stents
|
|
Biopsy Devices
|
|
Fluid Flushing Devices
|
|
Dilator Sets
|
|
Drainage Bags
|
|
Surgical Dissectors
|
|
Needles Forceps
|
|
Others
|
|
|
Application
|
Benign Prostatic
Hyperplasia
|
Chronic Kidney Disease
|
Oncology
|
Urinary Incontinence
|
Urinary Stones
|
Other Applications
|
|
|
Disease Type
|
Kidney Diseases
|
Pelvic Organ Prolapse
|
Urological Cancer
|
Differential Light
Scattering
|
Benign Prostatic
Hyperplasia (BPH)
|
|
|
End Use
|
Hospitals and Clinics
|
Dialysis Centers
|
Other End Users
|
Product Type Outlook:
On the basis of
product type, the market is segmented into urology endoscopes, endovision
systems, peripheral systems, consumables and accessories.
Figure 1 - Urology Surgical Instruments
Market, By Product Type (Market Size And Forecast By Value - USD Million, 2021
& 2029)