Urodynamic Equipment and Consumables Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026

Report ID: GMI3883

Summary Methodology

Urodynamic Equipment and Consumables Market size is expected to grow significantly from 2019 to 2025.

Increasing prevalence of urological diseases such as urinary incontinence, bladder cancer, benign prostatic hypertrophy, overactive bladder and neurogenic bladder dysfunction globally will surge demand for urodynamic equipment and consumables. Additionally, rising geriatric population will prove beneficial for market growth as they are susceptible to such diseases. Urodynamic equipment and consumables sophisticates the functioning of bladder that enhances patient’s outcome. Aforementioned factors will surge demand for equipment and consumables that will escalate urodynamic equipment and consumables market growth.

Technological advancements in urodynamic equipment and consumables intravesical prostatic protrusion, penile cuff, condom catheter, and doppler ultrasound video urodynamic will increase patient’s preference that will drive industry growth. Industry players are focusing in R&D activities to develop innovative solutions that will cater to patient’s unmet necessities. For instance, LABORIE company has developed GOBY urodynamic system that helps healthcare professionals to perform urodynamic tests resulting in collection of real time data. Thus, benefits offered through technologically advanced products will surge its demand over the forecast time frame. However, high cost of equipment and consumables may hamper industry growth up to certain extent.

Uroflowmetry equipment segment is anticipated to witness robust growth in near future owing to advantages it offers. Healthcare professionals use uroflowmetry equipment to diagnose amount of urine vacated during urination. It helps doctor to diagnose causes of urological disorders. This equipment calculates amount, flow rate and length of time required for emptying the bladder completely that helps doctors to record differences from norm to patients’ sample. Thus, benefits offered by uroflowmetry in diagnosing cause of urological disorders will increase its preference that will fuel urodynamic equipment and consumables market growth.

Hospital segment had significant revenue in 2018. Substantial revenue is attributed to increasing prevalence of urological disorders throughout the globe. Increasing government expenditure in healthcare domain enables hospitals to develop infrastructure, thereby providing technological advanced products. Moreover, rising patient’s preference towards treatment undertaken in hospitals will prove beneficial for segment growth.

North America urodynamic equipment and consumables market had substantial revenue share in 2018 and it is anticipated to enormously increase in near future. Significant revenue is attributed to increasing prevalence of geriatric population prone to urological diseases in the region. Moreover, strong foothold of companies providing innovative solutions and rising adoption of urodynamic equipment and consumables will propel regional market growth.

Asia Pacific urodynamic equipment and consumables market is predicted to foresee substantial growth in coming future. Rising government expenditure on healthcare domain to develop and upgrade existing facilities will prove beneficial for industry growth. Furthermore, increasing disposable income and reimbursements for urological procedures will surge demand for urodynamic equipment and consumables. Aforementioned factors will accelerate regional market growth.

Notable industry players operating in the urodynamic equipment and consumables includes Unique Medical Devices, Neomedix Systems, Best Medical International, LABORIE, Dantec Dynamics, Digitimer North America, Albyn Medical, CooperSurgical, RZ MEDIZINTECHNIK, MIROM Medical & Research Equipment, and Nael Medical. These industry players are implementing several strategies such as mergers and acquisitions, joint collaborations and new product launches. This will help companies to capture more market share and sustain in the market. For instance, in April 2015, Dantec Medical launched upgraded version of video urodynamics in Dantec Quickstep consisting improved range of X-ray connections that enables it in collecting data in analogue and digital form.

Urodynamic Equipment and Consumables Market By Type, 2014-2025 (USD Million)

  • Uroflowmetry Equipment
  • Cystometer
  • Ambulatory Urodynamic Systems
  • Electromyographs
  • Video Urodynamic Systems
  • Urodynamic Consumables
    • Urodynamic Catheters
    • Urodynamic Pumps and Transducer Sets

Urodynamic Equipment and Consumables Market By Type, 2014-2025 (USD Million)

  • Hospital
  • Clinic
  • Research Institute
  • Laboratories

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Asia Pacific
    • Japan
    • China
    • India
  • Latin America
    • Mexico
    • Brazil
  • Middle East and Africa
    • Saudi Arabia
    • South Africa

Company Profiles:

  • Unique Medical Devices
  • Neomedix Systems
  • Best Medical International
  • Dantec Dynamics
  • Digitimer North America
  • Albyn Medical
  • CooperSurgical
  • MIROM Medical & Research Equipment
  • Nael Medical

What Information does this report contain?

Historical data coverage: 2015 to 2019; Growth Projections: 2020 to 2026.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

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