Urology Surgical Instrument: Worldwide Market Outlook to 2024, Featuring Karl Storz, Olympus, Coloplast, Richard Wolf, Medtronic, and many more

DUBLIN, Jan. 17, 2019 /PRNewswire/ --

The "Global Urology Surgical Instrument Market by Product, by Application - Size, Share, Development, Growth and Demand Forecast by 2018-2024" report has been added to ResearchAndMarkets.com's offering.

Global Urology Surgical Instrument market report provides analysis for the period 2012-2024, wherein the period from 2018 to 2024 is the forecast period and 2017 as base year.

The market study talks about the expected growth of this market with a CAGR over 8.3% during 2018-2024 in terms of value. The market is expected to reach over USD 12,466 Million by 2024.

The given market growth is influenced by numerous reasons such as increase in the healthcare expenditure, growth in geriatric population, increasing pervasiveness in the chronic kidney diseases and urinary tract infections, rise in the male grooming market, and growing investments in hospitals for surgical infrastructure.

Increase in the healthcare expenditure is one of the key aspects that are driving the market growth. Diseases are becoming increasingly prevalent among people and thus government and non-governmental organisations are taking various initiatives related to the market. Also, due to growing geriatric population who tend to fall prey to these diseases given their low immunity levels is a reason for the rise of this market.

Poor lifestyle and the lack of preventive care among people are causing the rise of chronic kidney diseases and UTI among people. Geriatric population are more susceptible towards chronic kidney diseases and UTI. Hence, investments in the healthcare market are also increasing.

The market is expected to see a good growth but there are a few hindrances too. The high cost incurred in buying the urology surgical instruments is the key reason. The products are highly essential in the treatment procedure and thus costs of these products should be affordable so that more and more hospitals can buy the products.

Prominent market players of the industry follow several strategies to gain significant market share such as acquisition & merger, enhancing product portfolio and expanding geographical footprints.

The major market players of the industry are Karl Storz GmbH & Co. Kg, Olympus Corporation, Coloplast A/S, Richard Wolf GmbH, Boston Scientific Corporation, Cook Medical Incorporated, Medtronic PLC, Stryker Corporation, Teleflex Incorporated, Conmed Corporation, and Coopersurgical, Inc.

Other than these companies there are several small-scale and large-scale industries involve in the market which also hold significant market share.

Key Findings

• As per the findings of the research, consumables and accessories market has been the largest revenue contributor to the global urology surgical instrument market as compared to other products.
• The increasing prevalence of CKD and UTI's, and growing geriatric population are the major factors driving the market growth
• North America was globally the largest market for urology surgical instrument. This market was valued over USD2,835million in 2017 and it is expected to grow with a CAGR over 8.4% during the period 2018-2024.
• Based on product, consumables and accessories was the largest segment of the global urology surgical instrument market. The market for consumables and accessories was valued at USD 3,434 million in 2017 and it is expected to reach over USD 5,621 million by 2024, with a CAGR over 7.1% during the period 2018-2024.
• Based on application, CKD was the largest segment of the global urology surgical instrument market. The market for CKD was valued over USD 2,300 million in 2017 and it is expected to reach over USD 3,762 million by 2024, growing with a CAGR over 7.1% during the period 2018-2024.

Topics Covered

1. Research Scope and Methodology
1.1 Market Definition
1.2 Research Scope
1.3 Research Methodology and Sources

2. Executive Summary
2.1 Key Findings
2.2 Research Summary

3. Market Outlook
3.1 Introduction
3.2 Trends in the Global Urology Surgical Instrument Market
3.3 Factors Driving the Growth of the Market and its Impact on Market Forecast
3.4 Factors Hindering Growth of the Market and its Impact on Market Forecast

4. Global Urology Surgical Instrument Market Size and Forecast (2012-2024)
4.1 Global Urology Surgical Instrument Market, by Product
4.2 Global Urology Surgical Instrument Market, by Application
4.3 Global Urology Surgical Instrument Market, by Region

5. Global Urology Surgical Instrument Market, by Product
5.1 Urology Surgical Instrument Market for Consumables & Accessories
5.2 Urology Surgical Instrument Market for Urology Endoscope
5.3 Urology Surgical Instrument Market for Endovision System
5.4 Urology Surgical Instrument Market for Peripheral Instrument

6. Global Urology Surgical Instrument Market, by Application
6.1 Urology Surgical Instrument Market for CKD
6.2 Urology Surgical Instrument Market for Urinary Stone
6.3 Urology Surgical Instrument Market for BPH
6.4 Urology Surgical Instrument Market for UI & POP
6.5 Urology Surgical Instrument Market for Oncology

7. Global Urology Surgical Instrument Market, by Geography
7.1 North America Urology Surgical Instrument Market
7.2 Europe Urology Surgical Instrument Market
7.3 Asia-Pacific (APAC) Urology Surgical Instrument Market
7.4 Rest of the World (RoW) Urology Surgical Instrument Market

8. Competitive Analysis
8.1 Porters Five Forces of Competitive Position Analysis
8.2 Competitive Positioning of Key Players in the Global Urology Surgical Instrument Market, By Product

9. Company Profiles and Strategic Developments
9.1 Key Company Profiles

• Karl Storz GmbH & Co.
• Olympus Corporation
• Coloplast
• Richard Wolf
• Boston Scientific Corporation
• Cook Medical Incorporated
• Medtronic
• Stryker Corporation
• Teleflex Incorporated
• CONMED Corporation
• CooperSurgical

For more information about this report visit https://www.researchandmarkets.com/research/hz2q7w/urology_surgical?w=5

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