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The study segments Urological Devices industry in light of major classification such as product type, potential markets, application, and end-user.
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Urological Devices Market To Reach USD 62.76 Billion By 2027
Market Summary Increasing demand for the urological devices in the kidney & bladder diseases coupled with high investments in R&D of urological devices are fueling the market growth.Market Size – USD 34.72 Billion in 2018, Market Growth - CAGR of 6.7%, Market Trends – Increase in demand for urological devices for kidney & bladder disease procedures in the hospitals and ambulatory surgical center globally.The global urological devices market is forecast to reach USD 62.76 Billion by 2027, according to a new report by Reports and Data. The urological devices are all the equipment involved in the urological operations, diagnosis, treatment, analysis, testing, and others. Kidney diseases, bladder prolapse, urinary tract infections, erectile dysfunction, prostatitis, urologic oncology, and pediatric urology, to name a few, are some of the most common urological diseases that require the urological devices in the treatment system. Rising incidences of geriatric and pediatric urological disorders are few growing diseases that incorporate the urological devices in the procedures and treatments. Improving healthcare facilities in the developing regions are effectively helping in the market growth. An increased awareness about healthcare & wellness, changing urological disease patterns, government supports, and escalating volumes of urological healthcare services is expected to take part in the rapid growth of this market. www.reportsanddata.com
Further key findings from the report suggest • Ambulatory surgery centers are modern kind of healthcare facility centers, which are focused on providing immediate urological surgical care and releasing the patients right after the surgery. The ambulatory surgery centers have a more convenient alternative to the hospitals based outpatient procedures, maintaining a strong track record of quality care with positive patient outcomes. Ambulatory surgery centers had a market valuation of USD 5.13 Billion in 2018 and is expected to grow fastest at a rate of 10.1% throughout the forecast period. • The others sub-segment in the urological disease segment includes male infertility, erectile dysfunction, and other diseases and treatment procedure. The others sub-segment is calculated to be propelled in the forecast period with a CAGR of 5.2%. • Online retailing supply of the medical instrument and devices has been trendy in the emerging nations like China and India mainly. Online retailers can offer reduced prices compared to the medical stores and offline vendors due to the non-involvement of the distributor chains in the process. This sub-segment is expected to grow at a CAGR of 8.3% during the forecast period.
Market Summary • Key Players: • Fresenius Medical Care AG & KGaA, Boston Scientific Corporation, Baxter International Inc., Richard Wolf, Karl Storz SE & Co. KG, Medtronic PLC, Cook Medical Incorporated, Olympus Corporation, C. R. Bard, Inc., and Siemens AG. • Segmentation: • For the purpose of this report, Reports and Data have segmented the global urological devices market on the basis of devices type, sales channel, urological diseases, end-users, and region: • Devices Type Outlook (Revenue, USD Billion; 2016-2027) • Dialysis Devices • Laser and Lithotripsy Devices • Operating Instruments & Consumable Accessories • Stents & Stimulators • Others • Sales Channel Outlook (Revenue, USD Billion; 2016-2027) • Online Retailing • Medical Stores & Brand Outlet To look at the PDF Sample Report and get 30 minutes of a free consultation @ https://www.reportsanddata.com/sample-enquiry-form/2438 www.reportsanddata.com
Market Summary • Urological Diseases Outlook (Revenue, USD Billion; 2016-2027) • Kidney & Bladder Diseases • Cancer and BPH • Pelvic Organ Prolapse • Others • End-Users Outlook (Revenue, USD Billion; 2016-2027) • Hospitals • Clinics & Dialysis Centers • Ambulatory Surgical Center • Others • Regional Outlook (Revenue, USD Billion; 2016-2027) • North America • Europe • Asia Pacific • MEA • Latin America Grab Your Report at an Impressive Discount! Please Click Here : https://www.reportsanddata.com/discount-enquiry-form/2438 www.reportsanddata.com
The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com
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