The market is expected to reach USD 40.31 Billion by 2021 from USD 28.35 Billion in 2016 at a CAGR of 7.2%.
The global urology devices market is segmented on the basis of product, disease type, and region. The market is witnessing high growth due to factors such as the rising prevalence of urological and kidney diseases, increasing investments by hospitals to improve infrastructure, rising geriatric population, and technological advancements. On the other hand, high cost of endoscopy systems and unfavorable healthcare reforms in the U.S. are expected to restrain the growth of this market during the forecast period.
The high growth potential in emerging markets has opened an array of opportunities for the urology devices market. However, implementation of excise duty by the U.S. government is expected to restrain the growth of this market to a certain extent during the forecast period.
Major players in the urology devices market include Olympus Corporation (Japan), KARL STORZ GmbH & Co. KG (Germany), Richard WOLF GmbH (Germany), Cook Medical Inc. (U.S.), and Medtronic plc (Ireland).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Global Urology Devices Market, By Product
7 Global Urology Devices Market, By Disease Type
8 Global Urology Devices Market, By Region
9 Competitive Landscape
10 Company Profiles
- Baxter International Inc.
- Cook Medical Incorporated
- Dornier Medtech GmbH
- Fresenius Medical Care AG & Co. KGaA
- Intuitive Surgical, Inc.
- Karl Storz GmbH & Co. Kg
- Medtronic PLC
- Olympus Corporation
- Richard Wolf GmbH
- Stryker Corporation
For more information about this report visit http://www.researchandmarkets.com/research/bvkvd7/urology_devices
About Research and Markets
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/2016-urology-devices-market-by-product-and-by-disease---global-forecast-to-2021-for-the-40-billion-industry---research-and-markets-300358223.html
SOURCE Research and Markets