Stratview Research has recently added a new report titled Urology Surgical Instruments Market to its collection. The report studies vital factors about the market that are essential for existing players as well as new market entrants. The report throws light on the critical elements such as market share, profitability, supply chain, production, sales, upcoming technologies, key market players, regional segmentation, and many more aspects related to the Urology Surgical Instruments Market.
The key players covered in this report are –
- Olympus (Japan)
- Karl Storz (Germany)
- Richard Wolf (Germany)
- Coloplast (Denmark)
- Cook Medical (US)
- Boston Scientific (US)
- Medtronic (Ireland)
- Teleflex (US)
- Stryker (US)
- Coopersurgical (US)
Significant growth in the healthcare expenditure levels for the development of surgical & healthcare infrastructure resulting in improvement of the quality of healthcare being provided from these facilities augments the market growth. Also, the growing prevalence of kidney diseases & urinary tract infections is another factor boosting the industry growth. In addition, rising investments and grants from government bodies have positively influenced the product demand.
Based on product, the global urology surgical instruments market has been classified into endoscopes, envision systems, peripheral systems, and consumables & accessories. Under these, the consumables & accessories segment held the largest market share in 2020 and is likely to grow at a considered CAGR during the forecast period. This is mainly attributed to developments in minimally invasive surgeries, rising surgical intervention for urology conditions, and the increasing prevalence of chronic kidney disorders.
By region, the North American market held a significant market share of around 42% in 2020 and is projected to grow at a healthy CAGR in the coming years. The increasing aging population, positive reimbursement scenario, rising urology equipment purchases by hospitals, growing incidences of urology cancers & disorders, surge in several urologists, and rising healthcare spending on urology disorders, further proliferate the regional market growth in the coming years.
The main steps in the investigation process are:
- Stratview Research has gathered the raw data from industry experts and direct research analysts using primary and secondary sources.
- The experts also classify the information obtained by qualitative and quantitative data to place it in a proper way to make final conclusions.
- This report also provides market intelligence and throws light on critical insights into the market dynamics.
The information gathered in the report enables strategic decision making for the existing players as well as those willing to enter the market. The report contains growth drivers and constraints, market trend and forecast analysis, market segment trend, competitive landscape and dynamics, attractive market segments and associated growth opportunities, etc.
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