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Urology Laser Surgical Devices Market by Product and Geography - Global Forecast and Analysis 2019-2023

  • Published: Sep 2019
  • Pages: 127
  • SKU: IRTNTR31924
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The global urology laser surgical devices market size will grow by USD 129.16 million during 2019-2023. This market report provides a detailed analysis of the market by product (portable laser surgical devices and table-top laser surgical devices) and geography (Asia, Europe, North America, and ROW). Also, the report analyzes the market’s competitive landscape and offers information on many market vendors, including biolitec AG, Boston Scientific Corp., El.En. Spa, Olympus Corp., and XIO Group. 

Key Insights on Urology Laser Surgical Devices Market - Global Forecast 2019-2023

Urology Laser Surgical Devices Market

 

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Industry Overview

The rising prevalence of urological disorders is one of the major factors that will drive urology laser surgical devices market growth. Urolithiasis and nephrolithiasis are common across the world. Their high prevalence rate is attributed to the presence of high-risk factors such as diabetes and hypertension. Considering such developments, vendors are collaborating with research institutions to carry out R&D to manufacture innovative technologies, such as urology laser devices. As these devices can perform non-invasive procedures, associated with faster recovery and less painful surgeries, their demand is increasing. As a result, the urology laser devices market is expected to record a substantial growth during 2019-2023.

Laser technology has become crucial in performing minimally invasive surgeries in the healthcare sector. As a result, vendors are leveraging the high demand for laser solutions and are offering innovative systems to improve sales. In line with this, the laser system used in urology has evolved over the period. For instance, MultiPulse HoPLUS, manufactured by Asclepion Laser Technologies, emits light with a wavelength of 2,100 nm, which is highly absorbed by water and reduces the thermal effect and damage to adjacent tissues. Though laser procedures were previously restricted to nephrolithiasis, it is currently used to treat a wide array of urological conditions, such as prostate cancer and kidney cancer. This is one of the urology laser surgical devices market trends that will drive market growth at a CAGR of almost 7%.

Top Companies in Urology Laser Surgical Devices Market

The global market is fragmented. To help clients improve their market positions, this urology laser surgical devices market forecast report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. This urology laser surgical devices market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies in creating strategies to make the most of future growth opportunities.

The report offers a detailed analysis of several leading urology laser surgical devices manufacturers, including:

  • biolitec AG
  • Boston Scientific Corp.
  • El.En. Spa
  • Olympus Corp.
  • XIO Group

Market Segmentation

Urology Laser Surgical Devices Market by Product

  • Portable laser surgical devices
  • Table-top laser surgical devices

The portable laser surgical devices segment held the largest market share in 2018. The segment will account for the highest urology laser surgical devices market share over the forecast period. Growing distribution agreements, rising availability of innovative portable laser surgical devices, and flexibility and efficacy of these devices will boost the growth of the market segment during the forthcoming years. This report provides an accurate prediction of the contribution of all the segments to the growth of the urology laser surgical devices market size.

Urology Laser Surgical Devices Market by Region

  • Asia
  • Europe
  • North America
  • ROW

With a complete study of the growth opportunities for companies, it has been identified that North America will account for the highest share of the urology laser surgical devices market throughout the forecast period. Factors such as increasing prevalence of urological diseases, growing number of awareness programs, and rising product launches are contributing to the urology laser surgical devices industry growth in this region.

Major Highlights of the Urology Laser Surgical Devices Market - Global Forecast 2019-2023

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the urology laser surgical devices market during the next five years
  • Precise estimation of the global urology laser surgical devices market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the urology laser surgical devices industry Asia, Europe, North America, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details of factors that will challenge the growth of urology laser surgical devices companies

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Portable laser surgical devices - Market size and forecast 2018-2023
  • Table-top laser surgical devices - Market size and forecast 2018-2023
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • Asia - Market size and forecast 2018-2023
  • ROW - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • biolitec AG
  • Boston Scientific Corp.
  • El.En. Spa
  • Olympus Corp.
  • XIO Group

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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