Urology Lasers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029
Urology Laser is used for incision and resection of soft tissue and tumor ablation. The urology laser has been used since the 80s for the treatment of Benign Prostatic Hyperplasia (BPH). The most advanced technology and high-performance tools for urology surgical procedures are Holmium laser and thulium laser. This feature of urology lasers will help in the treatment of urology-related disease such as urinary stones, bladder tumors and others, which will bolster the growth of urology laser market.
Urology Laser Market: Drivers and Restraints
Urology laser is playing an important role in benign prostatic hyperplasia and cancer research. Increasing prevalence of BPH is anticipated to significantly contribute towards the growth of the urology laser market. With the rising prevalence of urinary tract stones and kidney stones in worldwide urology laser market is expected to show maximum growth in the forecasting period. Additionally, rapidly developing medical infrastructure and technological advancements will also drive the growth of the global urology laser market. However, as urology laser is a costly procedure, it brings hindrance to the growth of the urology laser market. Besides, the lack of awareness and knowledge about the application of the urology laser can also restraint growth of urology laser market
Urology Laser Market: Segmentation
The global urology laser market is classified on the basis of product type, technology, end user and geographic region
Based on product type, urology laser market is segmented into following:
Based on application, urology laser market is segmented into following:
Based on the end-user, urology laser market is segmented into following:
Urology Laser Market: Overview
Increasing preference for minimally invasive surgeries and growing technological advancement are driving the market for urology lasers. Technological advancement in urology laser such as Holmium laser lithotripsy will witness the maximum growth in the urology laser market. Holmium laser lithotripsy is highly adopted for the treatment of urology-related issues such as urinary stones, followed by a minimally invasive procedure. Hence, Holmium laser lithotripsy will also gain a major share for the global urology lasers market by product type. Amongst technology, Thulium laser is the most operative technique for treating BPH as it offers several advantages such as quick procedure and a lower rate of bleeding. Among all the end-users, the hospital segment will dominate the growth of urology laser market owing to high patient pool in hospitals.
Urology Laser Market: Regional Overview
North America will be the most lucrative region for urology laser market due to increasing prevalence of Benign Prostatic Hyperplasia (BPH), urolithiasis, and other urology-related disorders. Europe is anticipated to be the second largest of urology laser market due to the advanced medical facilities and developed infrastructure along with the researcher’s awareness on the advantages of urology laser market. East Asia will show market growth potential for urology laser over the forecast period. Overall, the global urology laser market is expected to show significant growth over a forecast period.
Urology Laser Market: Key Players
The key participants in urology laser market identified across the value chain are: Boston Scientific Corporation, OmniGuide Holdings, Lumenis, Cook Medical, Surgical Lasers Inc., Allengers Medical Systems Limited and others. The key players operating in the urology laser market follow various production strategies such as development of new and advanced products will boost the market consolidation activities
The report on urology laser market contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.
The report covers exhaust analysis on Urology Laser Market:
The report on urology laser market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report on Growth Urology Laser Market highlights:
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