Technavio has been monitoring the global nephrology and urology devices market and the market is poised to grow by USD 6 billion during 2019-2023 at a CAGR of more than 5% during the forecast period. Request Free Sample Pages
Read the 140-page research report with TOC on "Nephrology and Urology Devices Market Analysis Report by Product (Renal dialysis devices, Urinary incontinence devices, Urolithiasis devices, Benign prostate hyperplasia devices, and Other devices), by Geography (Asia, Europe, North America, and ROW), and Segment Forecasts, 2019 - 2023".
The market is driven by the rising demand for minimally invasive urology surgeries. In addition, the increasing demand for home dialysis treatment is anticipated to further boost the growth of the nephrology and urology devices market.
Surgeons perform surgical procedures for most of the nephrology and urology diseases such as BPH, urinal incontinence, and kidney stone diseases. Minimally invasive surgical procedures such as minimally invasive PCNL, extracorporeal shock wave therapy (ESWT), and flexible ureteroscopic lithotripsy are gaining prominence over conventional open surgeries as they do not involve extended hospital stays and prolonged recovery time. Thus, the rising demand for minimally invasive urology surgeries is expected to drive market growth during the forecast period.
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Major Five Nephrology and Urology Devices Market Companies:
B. Braun Melsungen AG
B. Braun Melsungen AG is headquartered in Germany and operates the business under various segments such as B. Braun Hospital Care, B. Braun Aesculap, B. Braun Out Patient Market, and B. Braun Avitum. The company offers medical devices such as Diacap Pro, Dialog iQ, Dialog+, Actreen Mini range catheters, Actreen Mini range catheters, URIMED CATH, NEPHROFIX percutaneous nephrostomy set, and CYSTOFIX.
Baxter is headquartered in the US and offers products through the following business units: Renal Care, Medication Delivery, Pharmaceuticals, Clinical Nutrition, Advanced Surgery, Acute Therapies, and Other. The company offers medical devices such as PRISMAX System, PHOENIX X36 Hemodialysis System with DIASCAN Monitoring Software, and AMIA APD System with SHARESOURCE Connectivity Platform.
BD is headquartered in the US and operates under various business segments, namely BD Medical, BD Life Sciences, and BD Interventional. The company offers medical devices such as ENDOBEAM Holmium Laser Fibers, SKYLITE 1.9 Tipless Nitinol Stone Basket, INLAY OPTIMA Ureteral Stent, CUNNINGHAM CLAMP, and BARDEX I.C. Foley catheter.
Boston Scientific Corporation
Boston Scientific Corporation is headquartered in the US and offers products through the following business segments: Cardiovascular, Rhythm and Neuro, and MedSurg. The company offers medical devices such as LithoVue, LithoVue Empower, GreenLight XPS, Flexiva TracTip, Trapezoid RX, AMS 700 inflatable penile prosthesis, and AdVance Male Sling System.
Fresenius Medical Care AG & Co. KGaA
Fresenius Medical Care AG & Co. KGaA is headquartered in Germany and offers products through the following business segments: Healthcare services and Healthcare products. The company offers medical devices such as 4008A, 2008K@home, and 4008S Next Generation.
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Nephrology and Urology Devices Product Outlook (Revenue, USD Million, 2019 - 2023)
Nephrology and Urology Devices Regional Outlook (Revenue, USD Million, 2019 - 2023)
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