Press release
Urodynamic Devices Market is Set to Globally Reach US$ 581.5 Million at 6.8% CAGR by 2033
Urodynamic Devices Market
Fact.MR - Market Research and Competitive Intelligence Provider: The global Urodynamic Devices market is valued at USD 299.5 million in 2023 and is projected to reach USD 299.5 million in 2033 to grow to 581.5 million USD by the end of the year. Total sales of urodynamic devices are expected to grow by 6.8% over the next decade.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.factmr.com/connectus/sample?flag=S&rep_id=168
The global rise in the incidence of diabetes, as well as other neurological and renal disorders, is responsible for the market's expansion. Due to their increased susceptibility to certain illnesses, elderly patients may require hospitalization for medical observation and diagnosis. Furthermore, it is anticipated that incontinence in the urine that occurs in women during pregnancy, menopause, and childbirth would support market demand.
As the global patient population with urological illnesses rises, hospitals are anticipated to become important end users. The electromyography (EMG) category is anticipated to grow considerably between 2023 and 2033, depending on the type of product. EMG is utilized for nerve transmission studies and to prevent postoperative residual radicalization (PORC). It has many diagnostic and research claims.
Technological advancements including intravesical protruding prostate, urodynamic video doppler ultrasonography, and others are major market growth factors. In addition, within the next ten years, the prevalence of bladder cancer and UTIs will rise, driving up need for urodynamic devices.
Therefore, a number of governments and organizations worldwide are launching campaigns to raise awareness of the issue. For example, Continence Awareness Week (Continence Foundation, the United Kingdom) and Let's Talk and Think About Continence (Japan).
Due to the rising incidence of bladder cancer and UTIs in China, India, and Japan, as well as the region's increased prevalence of UTIs overall, Asia Pacific is predicted to lead the world market for urodynamic devices. According to Fact.MR, among these nations, Japan is anticipated to drive the expansion of the Asia Pacific market.
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ:
During the projection period, Germany is expected to record a considerable share of urodynamic devices across Europe.
Over the course of the forecast period, Japan is anticipated to have a sizable share of the urodynamic equipment market.
It is anticipated that the sales of urodynamic devices in North America and South Asia will be led by the United States and India, respectively.
By 2033, the worldwide market for urodynamic devices is anticipated to grow at a robust 6.8% CAGR.
Over the course of the assessment period, the electromyography segment is anticipated to have notable growth in terms of product type.
The end-user segmentation of the global urodynamic devices market is expected to be dominated by hospitals and urology clinics.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ:
The market will grow as urological disorders become more common and as urodynamic devices develop more quickly.
The increasing incidence of incontinence and bladder control issues is predicted to present urodynamic device manufacturers with profitable expansion prospects.
Restraints:
It is projected that the high cost of installing and purchasing these devices will hinder market expansion.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
The urodynamic devices market is anticipated to be competitive, with multiple major players, according to Fact.MR. To solidify their market positions, these top businesses are concentrating on joint ventures, acquisitions, and new product introductions. It is unlikely that many other competitors will concentrate on research and development in order to provide the most affordable and highly effective items in the market.
As an example,
The debut of MEDKONSULT Medical Technology's premium line of urodynamic equipment was announced by Gemini Medical Technologies in July 2022. These pieces of equipment come in four typical configurations that are intended to meet the requirements of the profession.
The next generation of bladder capacity monitoring technology, BladderScan i10, was set to launch in June 2021, according to Verathon. Customers have more options with this solution in terms of dependability and simplicity of use.
๐๐๐ฒ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ซ๐จ๐๐ข๐ฅ๐๐ ๐๐ฒ ๐ ๐๐๐ญ. ๐๐
Best Medical International Inc.
CooperSurgical
Santron Meditronic
LABORIE
Neomedix Systems Pty. Ltd.
Laborie Medical Technologies
Cook Medical
Albyn Medical Ltd.
Ambu Inc.
Medica SpA
Dantec Dynamics A/S
Boston Scientific Corporation
Digitimer Ld.
CooperSurgical Inc.
Verathon Inc.
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=168
More Valuable Insights on the Urodynamic Devices Market
This study by Fact.MR identifies the major market categories that are expected to propel the growth of the worldwide urodynamic devices market from 2023 to 2033. Through thorough segmentation, this report provides an analysis of the key factors anticipated to increase sales of urodynamic devices, including:
๐๐จ๐ง๐ญ๐๐๐ญ:
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