Global Urology Devices Market Size (2024 - 2029)

The urology devices market is experiencing growth driven by the increasing prevalence of urological conditions, a rising senior population, and technological advancements. The market's expansion is influenced by the demand for healthcare interventions to manage common urological diseases such as benign prostatic hyperplasia, urinary incontinence, urinary tract infections, and kidney stones. Despite the mixed impact of COVID-19 on urology practices, the need for devices like dialysis machines has been highlighted due to the pandemic's effects on renal health. This growing demand underscores the market's potential for continued expansion.

Home Market Analysis Healthcare Research Device Drug Combination Research Diagnostics and Therapeutics Research Urology Research Urology Devices Industry Market Size

Market Size of Global Urology Devices Industry

Urology Devices Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 6.35 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration High

Major Players

Urology Devices Market Major Players

*Disclaimer: Major Players sorted in no particular order

Urology Devices Market Analysis

The global urology devices market is growing at a rate of 6.35% during the forecast period (2022-2027).

The global spread of COVID-19 has flooded many healthcare institutions with severely ill patients and medical equipment such as dialysis machines, endoscopes, and lithotripsy machines. COVID-19 causes acute respiratory distress and acute renal damage in individuals. Multi-organ failure and renal failure can occur when the patient's body cannot remove excess waste and fluids from the body. As a result of the use of dialysis equipment in the treatment of patients, the urology device market has a beneficial impact on COVID-19. However, urology practices have decreased during the pandemic. Thus, COVID-19 has a mixed impact on the market studied.

The key factors propelling the market growth include a high incidence of urologic conditions, a rising senior population, and technological advancements.

According to the American Urological Association Foundation (AUAF), benign prostatic hyperplasia (BPH), urinary incontinence (UI), urinary tract infections (UTIs), and kidney and ureteral stones are among the most common urological diseases. The United States According to the National Institute of Medicine July 2020, urinary tract infection affects approximately 150 million people globally. In addition, about 11% of women visit one physician yearly for urinary tract infection treatment. Urinary tract infections (UTIs) are among the most common microbial diseases affecting people of all ages. Globally, UTIs affect around 150 million people every year. Diabetic patients have a higher risk of developing UTIs. With a global increase in the diabetic population, complications like dysuria and organ damage are associated with UTIs, which are also rising.

Additionally, according to the article published in the International Journal of Molecular medicine in August 2020, Kidney stone disease, also known as nephrolithiasis or urolithiasis, is one of medicine's oldest diseases. It is estimated that 11% of people will develop kidney stones at some point in their lives, and the prevalence and incidence of kidney stones are increasing worldwide. However, the overall prevalence of urolithiasis was 11.2 %, with 48.8 % having a first-degree relative with the disease. Males were 1.8 times more likely than females to have urolithiasis.

Hence, with the high incidence rates and health complications associated with urological diseases, there is an increasing demand for healthcare interventions to manage them, which, in turn, is propelling the market of urology devices market.

Urology Devices Industry Segmentation

As per the scope of the report, urological conditions include kidney stone disease (urolithiasis), incontinence in men and women, benign prostate hyperplasia (BPH), and noncancerous prostate swelling in men with increasing age, prostate cancer, and erectile dysfunction in men. Therefore, urologists utilize these devices for the treatment of urinary disorders. The Urology Devices Market is segmented by Product, Disease (Instruments, consumables, and Accessories), By Diseases(Kidney Diseases, Urological Cancer and BPH, Pelvic Organ Prolapse, Other Diseases), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, and South America). The report offers the value (USD million) for the above segments.

By Product
Instruments
Dialysis Devices
Endoscopes and Endovision Systems
Lasers and Lithotripsy Devices
Other Instruments
By Consumables and Accessories
Dialysis Consumables
Guidewires and Catheters
Stents
Biopsy Devices
Other Consumables and Accessories
By Disease
Kidney Diseases
Urological Cancer and BPH
Pelvic Organ Prolapse
Other Diseases
By End User
Hospitals and Clinics
Dialysis Centers
Other End Users
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle-East and Africa
GCC
South Africa
Rest of Middle-East and Africa
South America
Brazil
Argentina
Rest of South America
Need A Different Region Or Segment?
Customize Now

Global Urology Devices Market Size Summary

The urology devices market is experiencing significant growth, driven by a combination of factors including the high incidence of urological conditions, an aging population, and rapid technological advancements. The market's expansion is further influenced by the increasing prevalence of diseases such as benign prostatic hyperplasia, urinary incontinence, and kidney stones, which necessitate advanced medical interventions. The COVID-19 pandemic had a mixed impact on the market; while it increased the demand for dialysis machines due to renal complications in severely ill patients, it also led to a decrease in urology practices. Despite these challenges, the market is poised for growth, supported by heightened awareness, government initiatives, and innovations aimed at providing cost-effective treatments.

North America currently leads the urology devices market, with a strong focus on technological innovations and diagnostic methodologies, particularly for urinary tract infections. The region's dominance is expected to continue, bolstered by ongoing advancements and strategic collaborations among key players. The competitive landscape is characterized by the presence of major companies such as Baxter, Boston Scientific, and Medtronic, alongside mid-size and smaller firms introducing innovative devices at competitive prices. These dynamics, coupled with increasing funding and a high volume of urology cases, are anticipated to drive the market's growth over the forecast period.

Explore More

Global Urology Devices Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 High Incidence of Urologic Conditions

      2. 1.2.2 Rising Geriatric Population

      3. 1.2.3 Technological Advancements

    3. 1.3 Market Restraints

      1. 1.3.1 Stringent Regulatory Policies for Validation of Medical Devices

      2. 1.3.2 High Cost of Urology Devices

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size by Value - USD million)

    1. 2.1 By Product

      1. 2.1.1 Instruments

        1. 2.1.1.1 Dialysis Devices

        2. 2.1.1.2 Endoscopes and Endovision Systems

        3. 2.1.1.3 Lasers and Lithotripsy Devices

        4. 2.1.1.4 Other Instruments

      2. 2.1.2 By Consumables and Accessories

        1. 2.1.2.1 Dialysis Consumables

        2. 2.1.2.2 Guidewires and Catheters

        3. 2.1.2.3 Stents

        4. 2.1.2.4 Biopsy Devices

        5. 2.1.2.5 Other Consumables and Accessories

    2. 2.2 By Disease

      1. 2.2.1 Kidney Diseases

      2. 2.2.2 Urological Cancer and BPH

      3. 2.2.3 Pelvic Organ Prolapse

      4. 2.2.4 Other Diseases

    3. 2.3 By End User

      1. 2.3.1 Hospitals and Clinics

      2. 2.3.2 Dialysis Centers

      3. 2.3.3 Other End Users

    4. 2.4 Geography

      1. 2.4.1 North America

        1. 2.4.1.1 United States

        2. 2.4.1.2 Canada

        3. 2.4.1.3 Mexico

      2. 2.4.2 Europe

        1. 2.4.2.1 Germany

        2. 2.4.2.2 United Kingdom

        3. 2.4.2.3 France

        4. 2.4.2.4 Italy

        5. 2.4.2.5 Spain

        6. 2.4.2.6 Rest of Europe

      3. 2.4.3 Asia-Pacific

        1. 2.4.3.1 China

        2. 2.4.3.2 Japan

        3. 2.4.3.3 India

        4. 2.4.3.4 Australia

        5. 2.4.3.5 South Korea

        6. 2.4.3.6 Rest of Asia-Pacific

      4. 2.4.4 Middle-East and Africa

        1. 2.4.4.1 GCC

        2. 2.4.4.2 South Africa

        3. 2.4.4.3 Rest of Middle-East and Africa

      5. 2.4.5 South America

        1. 2.4.5.1 Brazil

        2. 2.4.5.2 Argentina

        3. 2.4.5.3 Rest of South America

Global Urology Devices Market Size FAQs

The Global Urology Devices Market is projected to register a CAGR of 6.35% during the forecast period (2024-2029)

Baxter International Inc., Boston Scientific Corporation, Becton, Dickinson and Company, Medtronic PLC and Siemens Healthineers are the major companies operating in the Global Urology Devices Market.

Urology Equipment Market Report Snapshots

Urology Devices Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)