Latest News- Urology Devices Market: KFTD is expected to lead the Application segment during 2025-2029

The Urology Devices Market is being driven by Increasing prevalence of urological diseases

The Urology Devices Market is expected to grow at a CAGR of 7.7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 16306.2 million. In the dynamic urology devices market, technological advancements have led to the creation of superior quality and safe solutions. Notable among these innovations is NeoTract's UroLift System, acquired by Teleflex, which offers a minimally invasive treatment for Benign Prostatic Hyperplasia (BPH). The UroLift System is the first and only BPH treatment option that does not involve tissue removal, thereby preserving sexual function. Addressing sexual concerns is a significant challenge in BPH treatment, as traditional methods like Transurethral Resection of the Prostate (TURP) have been linked to ejaculation issues and erectile dysfunction. The UroLift System, therefore, represents an optimal solution for individuals prioritizing sexual function preservation. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • KFTD
  • UI management devices
  • BPH treatment devices
  • Urolithiasis treatment devices
  • Other
• End-user
  • Hospitals and ASCs
  • Dialysis centers
  • Homecare and clinics
• Product Type
  • Instruments
  • Consumables and disposables
  • Urodynamic equipment
  • Robotic and advanced systems
  • Others
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • Asia
    • China
    • India
    • Japan
    • South Korea
  • Rest of World (ROW)

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing prevalence of urological diseases
• Increasing demand for minimally invasive urology surgeries
• Increasing geriatric population

However, the market also witnesses some limitations, which are as follows:

• Limitations and risk factors associated with urology devices
• High cost of urology devices and treatment
• Shortage of skilled urologists

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Market Scope in Urology Devices Market Research Report

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Research Analysis Overview

The Urology Devices Market encompasses various technologies and procedures including Percutaneous Nephrolithotomy, Holmium Laser Enucleation, Transurethral Microwave Thermotherapy, Interstitial Brachytherapy, Nerve Sparing Surgery, and devices for Pelvic Floor Disorders, Voiding Dysfunction, Neurogenic Bladder, Urethral Strictures, Vesicoureteral Reflux, Ureteral Stents, Nephrostomy Tubes, Bladder Augmentation, Urethral Slings, Urinary Retention, Urogenital Reconstruction, Male Infertility, Urological Oncology, Tumor Ablation, Genitourinary Medicine, Remote Monitoring, Wearable Sensors, Artificial Intelligence, Big Data Analytics, Precision Medicine, and Personalized Therapy. These advanced devices and techniques cater to a wide range of urological conditions, enhancing diagnosis, treatment, and management.

Market Research Overview

The Urology Devices Market is a significant segment of the global Healthcare Equipment Market, encompassing innovative, clinically-validated devices utilized in urological procedures for the diagnosis and treatment of conditions such as prostate cancer, bladder cancer, kidney stones, and benign prostatic hyperplasia. Technavio, a leading technology research and consulting firm, estimates the size of the global Healthcare Equipment Market based on the consolidated revenue generated by manufacturers of diagnostic equipment and devices. This market includes advanced, differentiated, and data-driven devices falling under the categories of capital equipment, instruments, implants, accessories, and consumables. The Urology Devices Market is a critical component of the broader Healthcare Equipment Market, contributing to the development and commercialization of cutting-edge technologies that improve patient outcomes and advance the field of urology.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/