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.
Overall, the U.S. urology market was valued at over $2.9 billion in 2018. This is expected to increase over the forecast period at a CAGR of 3.6% to reach $3.8 billion. As the demand side of the market continues to undergo consolidation, with hospitals acquiring outpatient facilities and expanding the reach of the group purchasing
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