Global Urology Surgical Instrument Market (2013-2018 to 2023) by Product, Application and Geography - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 8, 2018--The “Urology Surgical Instrument Market by Product, by Application, by Geography - Global Market Size, Share, Development, Growth, and Demand Forecast, 2013 - 2023” report has been added to ResearchAndMarkets.com’s offering.
The global urology surgical instrument market is forecasted to attain revenue of $13.7 billion by 2023. The market is majorly being driven by increasing prevalence of urinary tract infections (UTIs) in women, surging geriatric population, and rising prevalence of benign prostatic hyperplasia (BPH) procedures.
On the basis of product, the market has been categorized into consumables and accessories, urology endoscopes, endovision systems, and peripheral instruments. The consumables and accessories category is predicted to lead the urology surgical instrument market, both in terms of size and growth. The category contributed a 45.3% share in the global market in 2017 and is expected to progress at a CAGR of 9.1% during the forecast period. This leading position is mainly attributable to the high use of guidewires, stone basket, stents, catheters and dilator sets in urology surgery.
Consumables and accessories are further classified into guidewires, stone basket/retrieval device and extractor, catheter, stent, biopsy device, fluid flushing device, connecting tube, clamp, overtube, and distal attachment, dilator set and ureteral access sheath, drainage bag, surgical dissectors, needle forceps and needle holders, and other products. Among these, guidewires led the urology surgical consumables and accessories market and generated a revenue of $818.6 million in 2017. This can be ascribed to its features like smooth tracking, easy advancement, maximum maneuverability, and precise control during surgical procedures. This adds to the growth of the urology surgical instrument market, globally.
These surgical instruments find application for the treatment of chronic kidney disease (CKD), urinary stone, BPH, urinary incontinence (UI) and pelvic organ prolapse (POP), oncology and other disorders (erectile dysfunction and hernia). Urology surgical instruments are widely used for the treatment of CKDs due to their increasing prevalence globally as compared to other disorders, and held the largest share in the urology surgical instrument market. According to Centers for Disease Control and Prevention (CDC), 30 million people or 15% of U.S. adults were estimated to have CKDs in 2017.
Key HighlightsAPAC to register the fastest growth during the forecast period Market players embracing acquisitions as key growth strategy
Key Topics Covered
Chapter 1. Research Background
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Introduction
Chapter 5. Global Market Size & Forecast
Chapter 6. North America Market Size & Forecast
Chapter 7. Europe Market Size & Forecast
Chapter 8. APAC Market Size & Forecast
Chapter 9. RoW Market Size & Forecast
Chapter 10. Competitive Landscape
Chapter 11. Company ProfilesKarl Storz GmbH & Co. KG Olympus Corporation Coloplast A/S Richard Wolf GmbH Boston Scientific Corporation Cook Medical LLC Medtronic PLC Stryker Corporation Teleflex Incorporated Conmed Corporation Coopersurgical Inc.
For more information about this report visit https://www.researchandmarkets.com/research/2767s6/global_urology?w=4
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Related Topics:Surgical Devices
INDUSTRY KEYWORD: SURGERY HEALTH MEDICAL DEVICES
SOURCE: Research and Markets
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PUB: 08/08/2018 10:51 AM/DISC: 08/08/2018 10:51 AM