Urodynamic Devices Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025
Technavio has been monitoring the urodynamic devices market and it is expected to grow by $ 79.72 mn, accelerating at a CAGR of almost 7% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report
Urodynamic Devices Market: Key Trends to impact market growth
The Shift towards non-invasive techniques is one of the key urodynamic devices market market trends. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.
Urodynamic Devices Market: Top Drivers to Boost Demand
The Growing demand for video urodynamics is one of the primary factors driving the growth of the urodynamic devices market. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business
Vendor Analysis: Albyn Medical SL, Becton, Dickinson and Co. and Boston Scientific Corp. are key growth contributors
The market is fragmented. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Albyn Medical SL, Becton, Dickinson and Co., Boston Scientific Corp., ConvaTec Group Plc, CooperSurgical Inc., HealthTronics Inc., Laborie Medical Technologies Corp., Medtronic Plc, Teleflex Inc., and Verathon Inc. are some of the major market participants.
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Urodynamic Devices Market: Key Highlights of the Report for 2021-2025
The Global Urodynamic Devices Market is expected to grow by USD 79.72 million accelerating at a CAGR of almost 7% during the forecast period. Techanvio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus. Download our free sample report with COVID-19 analysis
Urodynamic Devices Market: Segmentation by Product
During 2019, the equipment segment dominated the global Urodynamic Devices Market in 2019. The urodynamic equipment segment comprises uroflowmeter, cystometers, ambulatory urodynamics, electromyographs, and video urodynamic tests. The availability of favorable government policies towards healthcare investments will drive the market segment’s growth in the forthcoming years. This report provides an accurate prediction of the contribution of all the segments to the growth of the urodynamic devices market size.
The growing demand for video urodynamics is one of the primary growth drivers for the urodynamic devices market. Video urodynamic test is a combination of urodynamic investigations of the lower urinary tract with ultrasound real-time images or investigations with X-ray technology. A rise in the number of patients with urological disorders such as urinary incontinence, stress incontinence, bladder obstruction and prostatitis, and prostatic hyperplasia will spur the growth of the urodynamic devices market.
41% of the market’s growth will originate from North America during the forecast period. The US is a key market for urodynamic devices in North America. Market growth in this region will be faster than the growth of the market in other regions. The increasing aging population is one of the prime factors that will facilitate the urodynamic devices market growth in North America over the forecast period.
Urodynamic Devices Market: Vendor Analysis
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Albyn Medical SL, Becton, Dickinson and Co., Boston Scientific Corp., ConvaTec Group Plc, CooperSurgical Inc., HealthTronics Inc., Laborie Medical Technologies Corp., Medtronic Plc, Teleflex Inc., and Verathon Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio forecasts three scenarios (optimistic, probable, and pessimistic) to evaluate the impact of COVID-19 Download a Free Sample Report. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.
