logo
logo
Sign in

Nephrology and Urology Devices Market to Witness Robust Expansion throughout the Forecast Period 2023-2032

avatar
Soffi Clark
Nephrology and Urology Devices Market to Witness Robust Expansion throughout the Forecast Period 2023-2032

The global nephrology and urology devices market size is expected to reach USD 9.33 billion by 2030, to grow at a CAGR of 6.7% during the forecast period.

The market is expected to drive growth owing to the rising adoption of single-use cystoscopies. Single-use flexible cystoscopes have several advantages, including the diminished transmission of infectious agents and excellent performance without the requirement for reprocessing or repairs.

Have Questions? Request a sample or make an Inquiry before buying this report by clicking the link below: https://www.polarismarketresearch.com/industry-analysis/nephrology-and-urology-device-market/request-for-sample

Furthermore, the increased recognition of the advantages of single-use cystoscopes encourages several manufacturers to accelerate their development and medical research in preparation for the commercialization of disposable cystoscopes.

The increasing number of acquisitions and mergers by industry participants is expected to drive industry expansion over the forecast period. For instance, in November 2020, Coloplast announced the completion of its obtaining of Nine Continents Medical, Inc., a startup developing surgically implanted tibial neural stimulation therapies for overactive bladder. USD 145 million is the purchasing cost. Thus, these mergers and acquisitions are boosting the industry growth over the forecast period.

Nephrology and Urology Devices Market Report Highlights

  • Catheter segment is anticipated to grow at a significant CAGR over the forecast period because of its various applications in diagnostic and therapeutic disorders such as the treatment of kidney transplant health problems, nephric fluid gathering, and nondilated disruptive therapy.
  • Laser & lithotripsy segment accounted for a significant revenue share. Several equipment manufacturers are concentrating on introducing innovative products and services, such as nephrology lasers and robotic equipment for the early detection of urinary tract chronic conditions.
  • Asia Pacific is expected to grow at a lucrative CAGR over the projected period owing to increased public health awareness among consumers of advanced medical equipment.
  • The global players with a global presence including Amsino International, Inc., Becton, Dickinson and Company, Dornier MedTech, EndoMed Systems GmbH, Fresenius Medical Care AG & Co., Medtronic Plc, NxStage Medical Inc., Olympus Corporation, Richard Wolf GmbH, Rockwell Medical Technologies, Inc, Terumo Corporation, and Well Lead Medical Co., Ltd.

About Us:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

Contact Us:

Polaris Market Research

Phone: 1–646–568–9980

Email: [email protected]

collect
0
avatar
Soffi Clark
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more