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Urology Surgical Instrument Market

P&S Market Research-Urology Surgical Instrument Market report

Global Urology Surgical Instrument Market Size, Share, Development, Growth and Demand Forecast to 2022 – Industry Insights by Product (Consumables and Accessories, Urology Endoscope, Endovision System and Peripheral Instrument), by Application (Chronic Kidney Disease, Benign Prostatic Hyperplasia, Urinary Incontinence and Pelvic Organ Prolapse, Urinary Stone, Oncology and Others)

Published: October 2016
Report Code: LS10738
Available Format: pdf
Pages: 137

The global urology surgical instrument market is growing due to geriatric population and growing cases with chronic kidney disease across the globe. The increasing demand for minimally invasive surgeries over traditional urologic procedures, and increasing cases with urinary tract infections and urinary stones is leading to the growth of the market.

The global urology surgical instrument market was worth $7,204.4 million in 2015 and it is expected to witness a CAGR of 8.3% during 2016-2022. Consumables and accessories was the largest product segment in the global market in 2015. The largest application area of urology surgical instrument in 2015 was chronic kidney disease.

Urology Surgical Instrument Market

Globally, growing geriatric population is among one of the major factors for the growth of urology surgical instrument market. Elderly people are more susceptible to diseases requiring surgical interventions for their treatment, leading to greater demand for urology surgical instruments. In addition, increase in healthcare expenditure with improvement in medical infrastructure is driving the growth of market globally. This helps hospitals to include better medical facilities as a part of treatment to alleviate patient’s medical condition. However, high cost urology surgical instrument limits the growth of this market across the globe.

The global urology surgical instrument market is segmented on the basis of product as urology endoscopes, endovision system, peripheral instrument, and consumables and accessories. The consumables and accessories segment is expected to grow at the highest CAGR during 2016-2022. The laparoscopes segment held the largest share in the global market in 2015. Based on type of urology endoscopes, market is segmented into laparoscopes, nephroscope, ureteroscope, resectoscope, and cystoscope. Based on type of endovision system, market is segmented into endoscopic light source, endoscopic camera, wireless monitor and display, and camera heads. Based on type of consumables and accessories, market is segmented into guidewire, stone baskets/retrieval device, and extractor, stent, catheter, biopsy device, fluid flushing device, connecting tube, clamp, overtube, and distal attachment, dilator set, and ureteral access sheath, drainage bag, surgical dissector, needles forcep and needle holder, and others. Based on type of peripheral instrument, market is segmented into insufflator and endoscopy fluid management system.

Geographically, North America accounts for the largest urological surgical instrument market due to growing aging population and increasing cases with urology diseases. The market is expected to witness fastest growth in Asia-Pacific during the forecast period, due to improving healthcare services and presence of large pool of patients in this region.

Some of the key companies operating in the global urology surgical instrument market include Richard Wolf GmbH, Karl Storz GmbH & Co. Kg, Olympus Corporation, Coopersurgical, Inc., Cook Medical Incorporated, Boston Scientific Corporation, Coloplast, Medtronic PLC, Stryker Corporation, Teleflex Incorporated and Conmed Corporation.

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