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Urology Devices Market

Analysis of Urology Devices Market Size by Research Nester Reveals the Market to Grow with a CAGR of ~7% During 2023-2035 and Attain ~USD 63 Billion by 2035

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Urology Devices Market

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  1. Analysis of Urology Devices Market Size by Research Nester Reveals the Market to Grow with a CAGR of ~7% During 2023- 2035 and Attain ~USD 63 Billion by 2035 Research Nester’s recent market research analysis on “Urology Devices Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitor’s analysis and a detailed overview of the global urology devices market in terms of market segmentation by product, disease, technology, end user, and by region. Growing Aging Population to Promote Global Market Share of Urology Devices As the global population continues to age, there is an increasing demand for urology devices owing to the higher prevalence of urological conditions in older individuals. According to the United Nations, the proportion of people aged 65 years or over is projected to increase from 9% in 2020 to 16% in 2050. Advancements in technology have led to the development of more advanced and effective urology devices, such as robotic-assisted surgical systems and laser treatments for kidney stones. This has increased the adoption of these devices by healthcare professionals. There is a growing awareness of urological conditions such as prostate cancer, urinary incontinence, and urinary tract infections. This has led to more individuals seeking treatment for these conditions and increased demand for urology devices. The increasing healthcare expenditure in both developed and developing countries is expected to drive the growth of the global urology devices market. Some of the major growth factors and challenges that are associated with the growth of the global urology devices market are: Growth Drivers:

  2. • Increasing Prevalence of Prostate Cancer • Upsurge in Bladder Cancer Challenges: Urological devices are very expensive, which leads to expensive treatment, so not everyone can get them. People are less aware of these diseases and are looking for traditional treatments. In addition, the manufacturing cost of urology devices is also high, which is one of the major factors hampering the growth of the market over the forecast period. High costs of urology devicesare some of the major factors anticipated to hamper the global market size of urology devices. Access our detailed report at: https://www.researchnester.com/reports/urology-devices-market/4571 By disease, the global urology devices market is segmented into kidney disease, urological cancer & BPH, pelvic organ prolapses, and others. The kidney disease segment is to garner the highest revenue by the end of 2035 by growing at a significant CAGR over the forecast period. The segment's growth is attributed to the increasing prevalence of end-stage kidney disease (ESKD), increasing demand for dialysis procedures, and increasing minimally invasive surgeries worldwide. For instance, end- stage kidney disease affected approximately 787,000 people in the United States in 2020, 70% of whom were on dialysis. By region, the North America urology devices market is to generate the highest revenue by the end of 2035. The growth is owing to the increasing number of patients diagnosed with kidney disease, the increasing incidence of other urological diseases, and favorable reimbursement

  3. policies in the Region. About 37 million adult patients are expected to have chronic kidney disease in the United States by 2023, according to the Centers for Disease Control and Prevention (CDC), and the vast majority will remain undiagnosed. Additionally, the presence of a strong healthcare system and major key players in the region are considered other growth factors for the market. Consult our expert analysts at: info@researchnester.com or contact us at: https://www.researchnester.com/contact for any customized report. This report also provides the existing competitive scenario of some of the key players of the global urology devices market which includes company profiling of Boston Scientific Corporation, KARL STORZ SE & Co. KG, Becton, Dickinson and Company (BD), Richard Wolf GmbH, Intuitive Surgical, Inc., Fresenius Medical Care AG & Co. KGaA, Olympus Corporation, Coloplast, Medtronic, Stryker Corporation,and others. Request Report Sample@ https://www.researchnester.com/sample-request-4571 Research Nester is a leading service provider for strategic market research and consulting. We provide unbiased, unparalleled market insights and industry analysis that can help industries, conglomerates, and executives to take wise decisions for their future marketing strategy, expansion, investment, etc. We believe every business can expand to its new horizon, provided the right guidance at the right time is available through strategic minds. Our out of box thinking helps our clients to take wise decisions in order to avoid future uncertainties. Contact for more Info: AJ Daniel

  4. Email: info@researchnester.com U.S. Phone: +1 646 586 9123 U.K. Phone: +44 203 608 5919

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