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Market Analysis: Global Urology Devices Market
Urology devices market is registering a substantial CAGR of 7.21% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market can be attributed due to surge in demand for minimally invasive surgery and non-invasive treatment devices and various innovations and product launches in the urology devices division is contributing to the market growth.
Market Definition: Global Urology Devices Market
With the rise in the obese and elderly population and very high prevalence of kidney failures have raised the need for urology treatment which has created a broad market for urology devices. The urology devices are used for the diagnosis for various diseases and disorders associated with urinary tract systems. These devices are helpful in treating chronic kidney diseases such as kidney stone, prostate enlargement bladder cancer and prostate cancer. Urology Devices enables efficient and reduced treatment and recovery time among patients. Urology devices are widely used in hospitals and clinics.
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Market Drivers
Market Restraints
Segmentation: Global Urology Devices Market
By Product
By Disease
By Technology
By Application
By End Users
By Geography
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Key Developments in the Market:
Competitive Analysis:
Urology devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of urology devices market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major market competitors currently working in the global urology devices market are Medtronic, Siemens, Abbott, GENERAL ELECTRIC, BD, Stryker, Boston Scientific Corporation, Cardinal Health, Intuitive Surgical, Cook, Olympus Corporation, Johnson & Johnson Services Inc., Fresenius Medical Care AG & Co. KGaA, Baxter, Richard Wolf GmbH, Dornier MedTech., KARL STORZ SE & Co. KG, Endo Pharmaceuticals Inc., HealthTronics Inc., MEDI TECH DEVICES PVT LTD, and Coloplast Corp. among others.
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Research Methodology: Global Urology Devices Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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