The urology devices market is a broad category and covers equipment that is used for treating numerous problems relating to the urological system. The urology devices market is used for the treatment of benign prostate hyperplasia (BPH), prostate cancer, urinary and kidney stones, erectile dysfunction and urinary incontinence. Other markets explored include urological endoscopes, urodynamic equipment and nephrostomy devices. Check out our urology devices market reports below.
By 2020, the urological device market size in Japan was valued at $383 million, with over 540,000 urological procedures performed every year. The market size is expected to increase at a compound annual growth rate (CAGR) of 3.3% to reach $480 million in 2026. Throughout this medical market research, we analyzed 31 urology companies across
Industry Trends In the U.S. urology market, the demand side of the market continues to undergo consolidation, with hospitals acquiring outpatient facilities and expanding the reach of the group purchasing organizations (GPOs), coupled with the reimbursement cuts across the urology space, average selling prices are expected to remain under significant pressure, negatively impacting the future