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The scope of the global urology care devices and platforms market involves conventional and advanced devices as well as platforms that are used in urological disease management. The conventional devices include dialysis devices, endoscopy and urology-specific imaging devices, lasers and lithotripsy devices, endoscopy fluid management systems, insufflators, and urodynamic systems. Furthermore, consumables such as guidewires and catheters, stents, biopsy devices, and other disposable consumables such as drainage bags, sheaths, and stone retrieval baskets are also categorized as conventional devices. The advanced devices include technology-enabled devices such as neurostimulators, robotic systems, and other emerging technology devices used for urology disorder management.

The pipeline of global urology care devices and platforms market primarily comprises advanced devices and platforms. Various companies such as Implantica AG, Micron Medical, Lucida Medical, and Neuspera Medical have products in the pipeline that are anticipated to be commercialized by the end of 2030. The launch of these products is projected to propel technology integration in the urology care landscape.

The factors driving growth include rising prevalence of urological disorders, rising technology integration, and product portfolio expansion through mergers and acquisitions. The restraints to the global urology care devices and platforms market include high upfront cost of the devices and data privacy concerns. The opportunities for the global urology care devices and platforms market lie in the adoption of telesurgery in urological practices, emergence of regional companies, and development of remote patient monitoring devices.

The global urology care devices and platforms market report highlights that the market was valued at $13.61 billion in 2019 and is expected to reach $33.64 billion by the end of 2030. The market is expected to grow at a CAGR of 9.04% during the forecast period from 2021 to 2030.

Market Segmentation

Global Urology Care Devices and Platforms Market (by Product)

The global urology care devices and platforms market (by product) is segmented into conventional and advanced devices as well as platforms. The conventional devices include dialysis devices, endoscopy and urology-specific imaging devices, lasers and lithotripsy devices, endoscopy fluid management systems, insufflators, and urodynamic systems. Furthermore, consumables such as guidewires and catheters, stents, biopsy devices, and other disposable consumables such as drainage bags, sheaths, and stone retrieval baskets are also categorized as conventional devices. The advanced devices include technology enabled devices such as neurostimulators, robotic systems, and other emerging technology devices used for urology disorder management.

Global Urology Care Devices and Platforms Market (by Application)

The global urology care devices and platforms market (by application) is segmented into treatment, and diagnostics and monitoring. In terms of opportunities, the global urology care devices and platforms market holds significant growth potential for the diagnosis and monitoring segment. The shifting preference from at-clinic to at-home diagnostic and monitoring services presents abundant opportunities for the segment.

Global Urology Care Devices and Platforms Market (by End User)

The global urology care devices and platforms market (by end user) is segmented into hospitals, ambulatory surgery centers (ASCs), and clinics, dialysis centers, and home care settings. In terms of end user, the global urology care devices and platforms market holds significant growth opportunities in ASCs and homecare settings segment. This is owing to the growing prevalence of urological conditions, rise in adoption of remote patient monitoring devices, and rising demand for homecare. However, the predominance of hospitals and clinics is anticipated to continue during the forecast period 2021- 2030.

Global Urology Care Devices and Platforms Market (by Indication)

The global urology care devices and platforms market (by indication) is segmented into kidney diseases, urological cancer and benign prostatic hyperplasia, pelvic organ prolapse, and other diseases. The global urology care devices and platforms market holds significant potential in urological disorders such as kidney diseases, benign prostatic hyperplasia (BPH), bladder cancer, prostate cancer, and urinary incontinence. The rising prevalence of kidney diseases is attributed to factors such as a sedentary lifestyle, an unhealthy diet, and genetics. There are several conventional as well as advanced devices and platforms indicated to diagnose, treat, and monitor these urological disorders.

Global Urology Care Devices and Platforms Market (by Region)

The different regions covered under the global urology care devices and platforms market report include North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

North America dominated the global urology care devices and platforms market in 2019 and is anticipated to uphold its dominance throughout the forecast period. The growth in the market is majorly driven by the increasing research and development activities and large-scale adoption of global urology care devices and platforms. Also, the ongoing trend for digital transformation through the development of platforms and mobile applications is putting a significant impact on the market growth.

Key Market Players and Competition Synopsis

Avenda Health, B. Braun Melsungen AG, Becton, Dickinson and Company, Boston Scientific Corporation, Cardinal Health, Inc., Cook Group, Fresenius Medical Care AG & Co. KGaA, Intuitive Surgical, Inc., KARL STORZ SE & Co KG, Lucida Medical Ltd, Medtronic plc, Px HealthCare Ltd., Richard Wolf GmbH, Rocamed, and Urologix, LLC.

The global urology care devices and platforms market has witnessed several strategic and technological developments in the past few years, undertaken by the different market players to attain their respective market shares in this emerging domain. Some of the strategies covered in this segment are regulatory and legal activities, partnerships and alliances, new offerings, mergers and acquisitions, expansion activities, and funding activities.

Key questions answered in the Global Urology Care Devices and Platforms Market Report

• How has COVID-19 impacted the adoption of urology care devices and platforms applications?
• What are the key regulations governing the urology care devices and platforms market in key regions?
• What are the technological developments projected to have the maximum influence on the global urology care devices and platforms market?
• Who are the leading players holding significant dominance in the global urology care devices and platforms market currently?
• What are the drivers and restraints for the global urology care devices and platforms market?
• Which region has the highest growth rate in the urology care devices and platform market?
• Who are the key end-users of the global urology care devices and platform market?
• Which are the emerging companies in the global urology care devices and platforms market?

Request a Sample- https://bisresearch.com/requestsample?id=1147&type=download

How This Report Can Add Value

Who should buy this report?

• Technology/non-healthcare companies planning to enter the urology market through a platform, mobile application, or smart device
• Urological device manufacturers
• AI-enabled platform developers
• Imaging modalities companies (specifically for urology)
• Endoscope manufacturers

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