Global Urological Care Market By Product, By Application, By End User & By Region Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2023 – 2031
- Industry: Healthcare
- Report ID: TNR-110-903
- Number of Pages: 420
- Table/Charts : Yes
- October, 2023
- Base Year : 2024
- No. of Companies : 18+
- No. of Countries : 29
- Views : 10348
- Covid Impact Covered: Yes
- War Impact Covered: Yes
- Formats : PDF, Excel, PPT
Global Urological Care Market was valued at US$ 41.25 Billion in 2022, Growing at an Estimated CAGR of 3.9% from 2023 – 2031
Urological care involves medical interventions for conditions related to the urinary system. This includes disorders of the kidneys, bladder, ureters, and urethra. Various devices play a crucial role in urological care, aiding diagnosis, treatment, and management. Catheters are commonly used for drainage and relief in urinary obstruction cases. Surgical instruments like endoscopes enable minimally invasive procedures such as cystoscopy for visualizing the bladder’s interior. Advanced imaging technologies like ultrasound and MRI assist in accurate diagnosis. Additionally, devices like stents help maintain proper urine flow in narrowed passages. These devices collectively enhance the effectiveness of urological treatments, contributing to improved patient outcomes, reduced discomfort, and shorter recovery times.
In the global urological care market, urological instruments have maintained their dominance due to the consistent demand for advanced tools used in various diagnostic and therapeutic procedures. This segment is characterized by established players and a wide array of offerings, contributing to its market leadership. On the other hand, the consumables and accessories segment is experiencing faster growth. This can be attributed to the increasing focus on minimally invasive procedures and the rising adoption of disposable products.
Global Urological Care Market Revenue & Forecast, (US$ Million), 2015 – 2031
COVID-19 Impact Analysis on Global Urological Care Market
The urological care market underwent significant shifts before and after COVID-19. Pre-pandemic, the market was influenced by growing awareness of urological disorders, technological advancements in diagnostic and surgical tools, and an aging global population. However, the outbreak disrupted supply chains, postponed elective procedures, and redirected healthcare resources towards COVID-19. The market experienced a temporary setback due to these challenges. Post-COVID-19, there emerged an increased emphasis on telemedicine, remote patient monitoring, and minimally invasive procedures, propelling the adoption of urological devices and solutions. The pandemic underscored the need for resilient healthcare systems and accelerated the integration of digital health technologies, ultimately reshaping the urological care landscape toward a more technology-driven and patient-centric paradigm.
Report Coverage and Deliverables:
The rapid evolution of technological innovations in the urological care market has been a significant driver. Advanced tools, such as robotic-assisted surgical systems, have transformed surgical precision, enabling intricate procedures with reduced invasiveness. For instance, the da Vinci Surgical System has been used in over 8 million surgeries globally. This trend enhances patient outcomes, accelerates recovery, and widens treatment options. One notable restraint in the urological care market is the high cost of treatments. For example, the average cost of treating kidney stones in the US is around $10,000. High costs also burden healthcare systems and impact reimbursement models. This financial strain can deter patients from seeking timely care and impede the market’s growth potential.
In the global urological care market by application, urological cancer and benign prostatic hyperplasia (BPH) are dominating segments, while the pelvic organ prolapse segment is experiencing faster growth. Urological cancer and BPH collectively hold a substantial market share due to their prevalence and the need for advanced diagnostic and treatment solutions.
North America dominated the global urological care market in 2022. The region benefits from advanced healthcare systems and high awareness levels. The American Cancer Society reported that in the US alone, there were over 76,000 new cases of bladder cancer and more than 190,000 cases of prostate cancer in 2021. The National Health and Nutrition Examination Survey (NHANES) highlighted the prevalence of urinary incontinence among adults, emphasizing the demand for urological care solutions.
Competitive Landscape
The urological care market encompasses a range of products and services related to the diagnosis, treatment, and management of conditions affecting the urinary system and male reproductive organs. This includes urinary incontinence, kidney stones, urinary tract infections, prostate issues, and more. Some of the major participants in the global urological care market are
- Advanced MedTech Solutions Pvt. Ltd.
- B Braun Melsungen AG
- Baxter International Inc.
- Boston Scientific Corp.
- Coloplast Corp.
- Cook Group Inc.
- Fresenius Medical Care AG and Co. KGaA
- Intuitive Surgical Inc.
- KARL STORZ SE and Co. KG
- Medtronic Plc
- Nikkiso Co. Ltd.
- Nipro Corp.
- Olympus Corp.
- Richard Wolf GmbH
- Siemens AG
- Stryker Corp.
- SWS Hemodialysis Care Co. Ltd.
- Teleflex Inc.
- Urologix LLC
- Urotech Devices
- Other Industry Participants
Global Urological Care Market Report Coverage
Report Specifications | Details |
Market Revenue in 2022 | US$ 41.25 Billion |
Market Size Forecast by 2031 | US$ 56.23 Billion |
Growth Rate (CAGR) | 3.9% |
Historic Data | 2015 – 2021 |
Base Year for Estimation | 2022 |
Forecast Period | 2023 – 2031 |
Report Inclusions | Market Size & Estimates, Market Dynamics, Competitive Scenario, Trends, Growth Factors, Market Determinants, Key Investment Segmentation, Product/Service/Solutions Benchmarking |
Segments Covered | By Product, By Application, By End User |
Regions Covered | North America, Europe, Asia Pacific, Middle East & Africa, Latin America |
Countries Covered | U.S., Canada, Mexico, Rest of North America, France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe, China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific, Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa, Brazil, Argentina, Rest of Latin America |
Key Players | Advanced MedTech Solutions Pvt. Ltd., B Braun Melsungen AG, Baxter International Inc., Boston Scientific Corp., Coloplast Corp., Cook Group Inc., Fresenius Medical Care AG and Co. KGaA, Intuitive Surgical Inc., KARL STORZ SE and Co. KG, Medtronic Plc, Nikkiso Co. Ltd., Nipro Corp., Olympus Corp., Richard Wolf GmbH, Siemens AG, Stryker Corp., SWS Hemodialysis Care Co. Ltd., Teleflex Inc., Urologix LLC, Urotech Devices, Other Industry Participants |
Customization Scope | Customization allows for the inclusion/modification of content pertaining to geographical regions, countries, and specific market segments. |
Pricing & Procurement Options | Explore purchase options tailored to your specific research requirements |
Contact Details | Consult With Our Expert
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Global Urological Care Market
By Product
- Instruments
-
- Dialysis Devices
- Endoscopes
- Laser & Lithotripsy Devices
- Endovision & Imaging Systems
- Robotic Systems
- Insufflators
- Endoscopy Fluid Management Systems
- Urodynamic Systems
- Consumables & Accessories
-
- Dialysis Consumables
- Catheters
- Guidewires
- Retrieval Devices & Extractors
- Surgical Dissectors, Forceps, & Needle Holders
- Dilator Sets & Urethral Access Sheaths
- Stents
- Biopsy Devices
- Tubes & Distal Attachments
- Drainage Bags
- Other Consumables & Accessories
By Application
- Kidney Diseases
- Urological Cancer & BPH
- Pelvic Organ Prolapse
- Other
By End User
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Urology Specialty Centers
- Home Care Settings
By Region
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
Table of Contents
Note: This ToC is tentative and can be changed according to the research study conducted during the course of report completion.
**Exclusive for Multi-User and Enterprise User.
Global Urological Care Market Segmentation
By Product
By Application
By End User
By Region
**Note: The report covers cross-segmentation analysis by region further into countries
The Niche Research approach encompasses both primary and secondary research methods to provide comprehensive insights. While primary research is the cornerstone of our studies, we also incorporate secondary research sources such as company annual reports, premium industry databases, press releases, industry journals, and white papers.
Within our primary research, we actively engage with various industry stakeholders, conducting paid interviews and surveys. Our meticulous analysis extends to every market participant in major countries, allowing us to thoroughly examine their portfolios, calculate market shares, and segment revenues.
Our data collection primarily focuses on individual countries within our research scope, enabling us to estimate regional market sizes. Typically, we employ a bottom-up approach, meticulously tracking trends in different countries. We analyze growth drivers, constraints, technological innovations, and opportunities for each country, ultimately arriving at regional figures.Our process begins by examining the growth prospects of each country. Building upon these insights, we project growth and trends for the entire region. Finally, we utilize our proprietary model to refine estimations and forecasts.
Our data validation standards are integral to ensuring the reliability and accuracy of our research findings. Here’s a breakdown of our data validation processes and the stakeholders we engage with during our primary research:
- Supply Side Analysis: We initiate a supply side analysis by directly contacting market participants, through telephonic interviews and questionnaires containing both open-ended and close-ended questions. We gather information on their portfolios, segment revenues, developments, and growth strategies.
- Demand Side Analysis: To gain insights into adoption trends and consumer preferences, we reach out to target customers and users (non-vendors). This information forms a vital part of the qualitative analysis section of our reports, covering market dynamics, adoption trends, consumer behavior, spending patterns, and other related aspects.
- Consultant Insights: We tap into the expertise of our partner consultants from around the world to obtain their unique viewpoints and perspectives. Their insights contribute to a well-rounded understanding of the markets under investigation.
- In-House Validation: To ensure data accuracy and reliability, we conduct cross-validation of data points and information through our in-house team of consultants and utilize advanced data modeling tools for thorough verification.
The forecasts we provide are based on a comprehensive assessment of various factors, including:
- Market Trends and Past Performance (Last Five Years): We accurately analyze market trends and performance data from preceding five years to identify historical patterns and understand the market’s evolution.
- Historical Performance and Growth of Market Participants: We assess the historical performance and growth trajectories of key market participants. This analysis provides insights into the competitive landscape and individual company strategies.
- Market Determinants Impact Analysis (Next Eight Years): We conduct a rigorous analysis of the factors that are projected to influence the market over the next eight years. This includes assessing both internal and external determinants that can shape market dynamics.
- Drivers and Challenges for the Forecast Period:Identify the factors expected to drive market growth during the forecast period, as well as the challenges that the industry may face. This analysis aids in deriving an accurate growth rate projection.
- New Acquisitions, Collaborations, or Partnerships: We keep a close watch on any new acquisitions, collaborations, or partnerships within the industry. These developments can have a significant impact on market dynamics and competitiveness.
- Macro and Micro Factors Analysis:A thorough examination of both macro-level factors (e.g., economic trends, regulatory changes) and micro-level factors (e.g., technological advancements, consumer preferences) that may influence the market during the forecast period.
- End-User Sentiment Analysis: To understand the market from the end-user perspective, we conduct sentiment analysis. This involves assessing the sentiment, preferences, and feedback of the end-users, which can provide valuable insights into market trends.
- Perspective of Primary Participants: Insights gathered directly from primary research participants play a crucial role in shaping our forecasts. Their perspectives and experiences provide valuable qualitative data.
- Year-on-Year Growth Trend: We utilize a year-on-year growth trend based on historical market growth and expected future trends. This helps in formulating our growth projections, aligning them with the market’s historical performance.
Research process adopted by TNR involves multiple stages, including data collection, validation, quality checks, and presentation. It’s crucial that the data and information we provide add value to your existing market understanding and expertise. We have also established partnerships with business consulting, research, and survey organizations across regions and globally to collaborate on regional analysis and data validation, ensuring the highest level of accuracy and reliability in our reports.