The global urodynamic equipment and consumables market size
is expected to reach USD 335.40 million by 2025, according to a new report by
Grand View Research, Inc. This market is anticipated to grow at an
unprecedented rate owing to growing geriatric population that exhibits greater
vulnerability to urological dysfunctions. In addition, unprecedented upsurge in
prevalence of bladder cancer poses high clinical urgency to adopt highly
efficient diagnostics, which thereby broadens future growth prospects. In 2017,
as per the American Cancer Society, bladder cancer accounted for 5.0% of all
cancers in the U.S.
The market is also driven by global increase
in obesity. As per the Centers for Disease Control and Prevention,
approximately 36.0% of adult population is obese. According to a research
published in NCBI, obesity has increased the risk of developing various
urological conditions, such as prostate cancer, nephrolithiasis, hypogonadism,
and urinary tract infections. Furthermore, expanding network of testing centers
for urological diseases is also broadening growth prospects. Prominent players
are engaging in strategic collaboration and acquisitions to increase their
geographical presence. For instance, in September 2016, Brighter Health Network
LLC announced the acquisition of Urodynamic Testing Specialists to
geographically expand in to Florida and the Northeastern region of the U.S.
Browse full research report on Urodynamic
Equipment And Consumables Market:
https://www.grandviewresearch.com/industry-analysis/urodynamic-equipment-market
Further Key
Findings From the Report Suggest:
- Uroflowmetry equipment held the largest share
in the type segment in 2016. This can be attributed to its adoption in
testing a wide range of indications such as urinary blockage, bladder
dysfunction, prostate cancer, benign prostatic hypertrophy, and others
- Ambulatory urodynamic equipment is expected to
grow at a lucrative rate owing to associated benefits such as greater
availability & portability and higher efficiency in comparison with
conventional methods
- North America accounted fora substantial share
owing to increasing number of supportive government initiatives and high
awareness amongst end-users
- Asia Pacific is expected to witness
exponential CAGR during the forecast period owing to high burden of target
diseases and continual infrastructure upgradation of urological testing
centers
- Major players are creating a highly
competitive atmosphere by adopting strategies such as new product
development, collaborations, and strategic agreements
- For instance, in July 2016, LABORIE announced
the addition of urology and gastroenterology product portfolio of Medical
Measurement Systems B.V.to its existing line of products
Browse request sample of this report by
Grand View Research: https://www.grandviewresearch.com/industry-analysis/urodynamic-equipment-market/request/rs1
Grand
View Research has segmented the global urodynamic equipment and consumables
market on the basis of type and region:
Urodynamic
Equipment and Consumables Type Outlook (Revenue, USD Million, 2014 - 2025)
- Uroflowmetry
Equipment
- Cystometer
- Ambulatory
Urodynamic Systems
- Electromyographs
- Video Urodynamic
Systems
- Urodynamic
Consumables
- Urodynamic
Catheters
- Urodynamic Pumps
and Transducer Sets
Urodynamic
Equipment and Consumables Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- Asia Pacific
- Japan
- China
- India
- Latin America
- Brazil
- Mexico
- Middle East &
Africa
- South Africa
About Grand View Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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