Nephrology and Urology Devices Market Size Worth $9.33 Billion By 2030 | CAGR: 6.7%

The global nephrology and urology devices market size is expected to reach USD 9.33 billion by 2030, according to a new study by Polaris Market Research. The report “Nephrology and Urology Devices Market Share, Size, Trends, Industry Analysis Report, By Application (Urolithiasis, Urological Cancer & BPH, Bladder Disorders, Kidney Diseases, Others); By Product; By End-Use; By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The market is expected to drive growth owing to the rising adoption of single-use cystoscopies. Single-use flexible cystoscopes have several advantages, including the diminished transmission of infectious agents and excellent performance without the requirement for reprocessing or repairs.

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Furthermore, the increased recognition of the advantages of single-use cystoscopes encourages several manufacturers to accelerate their development and medical research in preparation for the commercialization of disposable cystoscopes.

The increasing number of acquisitions and mergers by industry participants is expected to drive industry expansion over the forecast period. For instance, in November 2020, Coloplast announced the completion of its obtaining of Nine Continents Medical, Inc., a startup developing surgically implanted tibial neural stimulation therapies for overactive bladder. USD 145 million is the purchasing cost. Thus, these mergers and acquisitions are boosting the industry growth over the forecast period.

Nephrology and Urology Devices Market Report Highlights

• Catheter segment is anticipated to grow at a significant CAGR over the forecast period because of its various applications in diagnostic and therapeutic disorders such as the treatment of kidney transplant health problems, nephric fluid gathering, and nondilated disruptive therapy.
• Laser & lithotripsy segment accounted for a significant revenue share. Several equipment manufacturers are concentrating on introducing innovative products and services, such as nephrology lasers and robotic equipment for the early detection of urinary tract chronic conditions.
• Asia Pacific is expected to grow at a lucrative CAGR over the projected period owing to increased public health awareness among consumers of advanced medical equipment.
• The global players with a global presence including Amsino International, Inc., Becton, Dickinson and Company, Dornier MedTech, EndoMed Systems GmbH, Fresenius Medical Care AG & Co., Medtronic Plc, NxStage Medical Inc., Olympus Corporation, Richard Wolf GmbH, Rockwell Medical Technologies, Inc, Terumo Corporation, and Well Lead Medical Co., Ltd.

Polaris Market Research has segmented the Nephrology and Urology Devices market report based on product, application, end-use, and region:

Nephrology and Urology Devices, Product Outlook (Revenue - USD Billion, 2018 - 2030)

• Instruments
• Dialysis
  • Hemodialysis
  • Peritoneal Dialysis
• Endoscopes
  • Laparoscopes
  • Ureteroscopes
  • Nephroscopes
  • Resectoscopes
  • Cystoscopes
• Laser & Lithotripsy
• Endovision & Imaging
• Robotic Systems
• Insufflators
• Endoscopy Fluid Management Systems
• Urodynamic Systems
• Consumables & Accessories
  • Dialysis Consumables
  • Catheters
  • Guidewires
  • Retrieval Devices & Extractors
  • Surgical Dissectors, Forceps, & Needle Holders
  • Dilator Sets & Urethral Access Sheaths
  • Stents
  • Biopsy
  • Tubes & Distal Attachments
  • Drainage Bags
  • Other Consumables & Accessories

Nephrology and Urology Devices, Application Outlook (Revenue - USD Billion, 2018 - 2030)

• Urolithiasis
• Urological Cancer & BPH
• Bladder Disorders
• Kidney Diseases
• Others

Nephrology and Urology Devices, End-Use Outlook (Revenue - USD Billion, 2018 - 2030)

• Hospitals
• Clinics
• Ambulatory Surgical Centers
• Others

Nephrology and Urology Devices, Regional Outlook (Revenue - USD Billion, 2018 - 2030)

• North America
  • U.S
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
• Latin America
  • Argentina
  • Brazil
  • Mexico
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa