Global Urology Endoscopes Market 2018-2022

Global urology endoscopes market forecast

Healthcare providers, governments, and patients are increasingly adopting minimally invasive (MI) and robotic-assisted techniques over traditional open surgical techniques as traditional techniques can result in various post-operation complications such as blood clots, infections, pain, fatigue, and muscle atrophy. The application of MI endoscopy machine or endoscopy instruments such as urology endoscopes is gaining popularity in various healthcare facilities due to the rising number of training programs for healthcare professionals arranged by device manufacturers. This boosts the expertise of various surgeons in performing the urology procedures or surgery using medical products or devices such as urology endoscopes. Research analysis on the global urology endoscopes market identifies that the growing demand for MI techniques will be one of the major factors that will have a positive impact on the growth of the market and will augment the urology endoscopes market value. Our research analysts predict that the market will grow at a CAGR of close to 6% by 2022.

During 2017, North America, especially the US, contributed the majority of urology endoscopes market share in the Americas due to the awareness regarding the availability of rigid and flexible urology endoscopes and availability of favorable reimbursement options by Medicaid and Medicare. The urology endoscopes market size is expected to grow in the region throughout the estimated period due to the rise in bladder diseases, kidney diseases, infections of the urinary tract, increasing older population, and rising number of endoscopy procedure.

Companies covered

The urology endoscopes market appears to be fragmented. This industry research report offers information about the competitive environment among companies in this market space and offers an analysis of key companies and their products. Additionally, our analysts also offer information about key areas the players currently focus on and strategies they follow to sustain the competition and to gain maximum urology endoscopes market share.

This research report provides an analysis of various companies in the urology devices market including

• HOYA
• KARL STORZ
• Maxer Medizintechnik
• Olympus
• Richard Wolf
• Stryker

Segmentation by product and analysis of the urology endoscopes market

• Rigid urology endoscopes
• Flexible urology endoscopes

The rigid urology endoscopes segment accounted for the majority market share toward the urology endoscopes market during 2017 due to the rising demand for rigid endoscopes resulting from an increase in urinary stones, BPH, pelvic organ prolapses, and urinary incontinence. These devices are used to perform procedures like TURP, biopsy, and resection in case of bladder tumor. This will drive the urology endoscopes market value in the forthcoming years.

Segmentation by end-users and analysis of the urology endoscopes market

• Hospitals
• ASCs

The rising application of advanced urology endoscopes to perform an accurate diagnosis and provide treatment for patients with acute or chronic disorders and the availability of endoscopy units well equipped with highly advanced cystoscopes, ureteroscopes, resectoscopes, and nephroscopes will drive the growth prospects for the urology devices market in the hospitals segment in the forthcoming years.

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global urology endoscopes market?
• What are the key market trends impacting the growth of the global urology endoscopes market?
• What are the challenges to market growth?
• Who are the key vendors in the global urology endoscopes market?
• What are the market opportunities and threats faced by the vendors in the global urology endoscopes market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global urology endoscopes market?

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