Global Urodynamic Equipment Market, By Equipment Type (Uroflowmetry Equipment, Cystometer, Ambulatory Urodynamic Systems, Electromyograph, Video Urodynamic Systems), Consumables Type (Urodynamic Catheters, Urodynamic Pumps and Transducer Sets), Application (Kidney Diseases, Cancer, Others), End User (Hospitals and Urology Clinics, Ambulatory Centers, and Others) – Industry Trends and Forecast to 2029.
Global Urodynamic Equipment Market Analysis and Size
In the recent years, urodynamic equipment market has gained a lot of traction owing to the increase in the incidence rates and health complications associated with urological diseases. The expansion of healthcare sector is escalating the growth of urodynamic equipment market.
- Global Urodynamic Equipment Market was valued at USD 179.73 million in 2021 and is expected to reach USD 312.81 million by 2029, registering a CAGR of 6.80% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Global Urodynamic Equipment Market Definition
Urodynamic testing, also known as urodynamics, refer to a study that assesses how the bladder and urethra are performing their function of releasing and storing urine. The tests are performed in Gynecology, Internal medicine, Primary care offices, Urology and Internal medicine. The procedure offers the physician with the information necessary to diagnose the cause and nature of a patient's incontinence.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Equipment Type (Uroflowmetry Equipment, Cystometer, Ambulatory Urodynamic Systems, Electromyograph, Video Urodynamic Systems), Consumables Type (Urodynamic Catheters, Urodynamic Pumps and Transducer Sets), Application (Kidney Diseases, Cancer, Others), End User (Hospitals and Urology Clinics, Ambulatory Centers, and Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Medtronic (Ireland), Albyn Medical Ltd. (UK), Boston Scientific Corporation (US), CooperSurgical Inc. (US), BD (US), SCHIPPERS-MEDIZINTECHNIK (Germany), Medica S.p.A. (Italy), Laborie, Inc. (US), Verathon Inc. (US), Kirkwall Australia Pty. Ltd (Australia), HealthTronics, Inc. (US), MEDKONSULT medical technology s.r.o. (Czechia), among others
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Market Opportunities
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Urodynamic Equipment Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
- Technological Advancements
The rise in technological advancements across the healthcare industry acts as one of the major factors driving the growth of urodynamic equipment market. The developments in the equipment enhance the precision of medical procedures and improve efficiency.
- Urological Diseases
The increase in prevalence of urological diseases, such as urinary incontinence (UI), kidney and ureteral stones, benign prostatic hyperplasia (BPH) and urinary tract infections (UTIs) accelerate the market growth. The rise in health complications associated with urological diseases increases the demand for healthcare interventions to manage them that further expands the market.
- Increase in Funds
The surge in funding from private and government organizations for development of healthcare sector and research centers further influence the market. The government supports the sector through funds and awareness programs that propells the market of urodynamic equipment.
Opportunities
Furthermore, advancements in the procedure and devices extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, rise in healthcare awareness among the patients will further expand the market.
Restraints/Challenges Global Urodynamic Equipment Market
On the other hand, high cost associated with the equipment and procedure is expected to obstruct market growth. Also, stringent regulations are projected to challenge the urodynamic equipment market in the forecast period of 2022-2029.
This urodynamic equipment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on urodynamic equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Covid-19 Impact on Urodynamic Equipment Market
COVID-19 had a negative impact on the urodynamic equipment market owing to the decline in elective surgeries. Hospital access was restricted to non-essential care, and OandP clinics were temporarily closed during the pandemic. The implementation of social distancing, lockdown of the population and limited access to clinics greatly affected the market. The slow-down in patient flow and referrals, and decline in trauma and workplace injuries also impacted the market growth. However, market will resume its growth in the post-pandemic due to the easing in restrictions that were imposed earlier.
Global Urodynamic Equipment Market Scope and Market Size
The urodynamic equipment market is segmented on the basis of equipment type, consumables type, application and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Equipment Type
- Uroflowmetry Equipment
- Cystometer
- Ambulatory Urodynamic Systems
- Electromyograph
- Video Urodynamic Systems
On the basis of equipment type, the urodynamic equipment market is segmented into uroflowmetry equipment, cystometer, ambulatory urodynamic systems, electromyograph, and video urodynamic systems.
Consumables Type
- Urodynamic Catheters
- Urodynamic Pumps
- Transducer Sets
On the basis of consumables type, the urodynamic equipment market is bifurcated into urodynamic catheters, urodynamic pumps and transducer sets.
Application
- Kidney Diseases
- Cancer
- Others
On the basis of application, the urodynamic equipment market is segmented into kidney diseases, cancer, and others.
End User
- Hospitals and Urology Clinics
- Ambulatory Centers
- Others
On the basis of end user, the urodynamic equipment market is configured into hospitals and urology clinics, ambulatory centers, and others.
Urodynamic Equipment Market Regional Analysis/Insights
The urodynamic equipment market is analysed and market size insights and trends are provided by country, equipment type, consumables type, application and end user as referenced above.
The countries covered in the urodynamic equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the urodynamic equipment market because of the adoption of the technologically advanced equipment within the region.
Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 due to the rise in the number of the urological diseases in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The urodynamic equipment market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for urodynamic equipment market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the urodynamic equipment market. The data is available for historic period 2010-2020.
Competitive Landscape and Urodynamic Equipment Market Share Analysis
The urodynamic equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to urodynamic equipment market.
Some of the major players operating in the urodynamic equipment market are
- Medtronic (Ireland)
- Albyn Medical Ltd. (UK)
- Boston Scientific Corporation (US)
- CooperSurgical Inc. (US)
- BD (US)
- SCHIPPERS-MEDIZINTECHNIK (Germany)
- Medica S.p.A. (Italy)
- Laborie, Inc. (US)
- Verathon Inc. (US)
- Kirkwall Australia Pty. Ltd (Australia)
- HealthTronics, Inc. (US)
- MEDKONSULT medical technology s.r.o. (Czechia)
Research Methodology : Global Urodynamic Equipment Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis.
To know more about the research methodology, drop in an inquiry to speak to our industry experts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-urodynamic-equipment-market
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