Urethral Dilator Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

  • Single User License $3500

Urethral Dilator Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : September, 2021 | Medical Devices

Report Digest


Global Urethral Dilator Market: Introduction

At present, urethral stricture infection is a noteworthy issue among men. Numerous treatment methodology are accessible for urethral strictures. Urethral dilatation is among the most well known treatments of all times present the market. A urethral stricture is scarring near the urethra, which squares or limits the path through which urine can pass through bladder. The strictures are increasingly prevalent in men when contrasted with those in women. These outcome from infections, on damage. Scarring can show up anyplace for instance, between the bladders or at the tip of penis. Urethral strictures may prompt numerous complexities, for example, increased frequency of urination and less flow rate. In chronic cases that can cause urinary tract infection, prostatitis, urinary retention, and kidney damage.

Global Urethral Dilator Market: Novel Developments

  • As per the finding in 2016, by Centers for Disease Control and Prevention (CDC), the urethral stricture is a one of the most common ailments among men, to be precise older men, with a rough figure of around 300-700 men per 1,00,000 men. The report suggests that vulnerability to the ailment is rising in elderly people, particularly after the age of 55 years. Based on Medicare and Medicaid Services report of 2016, people more than age of 65 years has the greater risk of being influenced by stricture ailment.
  • The key firms are concentrating on improving their portfolio, to sustain their lead in the global and regional market.
  • For example, Allium Medical, a well-known firm dealing in urethral dilator market, has launched its new range of product, known as Allium’s Ureteral Stents. The product has distinct composition and improved bio-compatibility. The company markets and manufactures minimally invasive devices in healthcare sector.

Some of the most prominent competitors operating in the competitive landscape of global urethral dilator market include –

  • Medline Industries, Inc.
  • Cook Medical
  • Teleflex Incorporated
  • MEDpro Medical
  • UROMED Kurt Drews KG

Global Urethral Dilator Market Dynamics

Prevalence of Minimally Invasive Procedures to Fuel Demand Globally

The key factor propelling the growth of global urethral dilator market is the rising preference of minimally invasive surgeries among the healthcare practitioners and patients as well. The advent of minimally invasive methods to treat urological conditions and ailments related to bladder, prostate, and kidney is accelerating among the end-users. This factor is impacting the urethral dilator market positively.

These procedures are being accepted more widely over urethroplasty and blind dilation methods to reduce the risks related to the disease. Owing to rising preference for minimally invasive techniques, among urologists, the requirement for urethral dilator is expected to grow in the span of upcoming years.

Urethral dilation is among the most common and basic processes to treat urethral stricture ailment in its initial stage. The urethral dilators are used in the treatment if obesity, prostate cancer, and kidney stones is boosting the demand in global urethral dilator market for the treatment of for urethral stricture.

Urethral dilators help preventing more serious surgeries by enabling easy removal and insertion of catheters and stents. Owing to prevalence of prostate cancer and kidney stones, the demand regarding urethral dilators is likely to surge as well. Moreover, along with rising preference in minimally invasive procedures, the rising number of cases requiring urethral dilators is also fueling the market with a steady CAGR in the forecast period from 2018 to 2028.

North America to Lead Due to Rising Awareness Among People for Urethral Stricture

On the basis of geography, the global urethral dilators market is divided into Asia Pacific, North America, Europe, Middle East & Africa, and Latin America. Among these, North America is foreseen to lead the global market within the forecast period from 2018 to 2026. The region is trailed by Asia Pacific and Europe. Increasing awareness regarding various ailments and infections, along with their cure and treatment is foreseen to contribute in sustaining the lead of the region.  Moreover, increase in government policies with respect to the growth in supportive policies in medical sector is likely to fuel the growth of urethral dilator market in the mentioned regions.

The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.

TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.

TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.

5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?