Nephrology and Urology Devices Market, By Type (Dialysis Equipment, Endoscopy Devices, Urinary Stone Treatment Devices, and Others), By Application (Diagnostic Laboratories, Hospitals, Clinics, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

The ureteral, renal dilators, catheters are the nephrology and urology devices. The nephrology and urology devices are developed by advanced materials like silicone, nitinol and polycarbonates. Ureteroscopy has wide applications in therapeutic and diagnostic interventions. Ureteroscopy help in identifying the causative factors of filling defects and further determine the intramural extension of malignant lesions. Dialysis equipment used in procedure when kidneys stops functioning properly. It is used to remove excess fluids, waste products from the blood. Dialysis used to filter and clean the blood. Endoscopy in urology is a surgical procedure to treat the urinary tract infections. Endoscope is a light attached medical device. Endoscope is used for seeing inside organ of the body. Urinary stone treatment devices includes ureteral stents, extracorporeal shock wave lithotripsy devices, stone retrieval devices, holmium laser devices and intracorporeal lithotripsy devices. In U.S. approximately 80 million people are at risk of kidney diseases. Kidney disease has become the leading cause of death in U.S. Diabetes and high blood pressure are the major cause of kidney diseases which has increased the rise in nephrology and urology devices market growth.

The Global Nephrology and Urology Devices Market size accounted for US$ 4.9 billion in 2020 and is estimated to be US$ 8.98 billion by 2030 and is anticipated to register a CAGR of 6.7%.

Rise in nephrology and urology disorders and rate of urbanization

Rise in nephrology and neurology disorders is one of the leading factors for the global nephrology and urology devices market growth. Diabetes, blocked urinary tract, and high blood pressure are the risk factors for developing kidney and urinary disease. Urban culture affects the person’s living lifestyle. Unhealthy lifestyle, unhealthy food and lack of exercise has given rise in prevalence of heart disease and diabetes. Moreover, increasing urban population is one of the driving factors for the nephrology and urology devices market. According to data published by United Nations in 2014, about 54% of the world’s population resided in urban areas, and it is projected that this percentage will increase over the forecast period. However, the growth in dual working household population in urban areas boosts the demand for vacuum cleaners.

                                                        Technological advancement

Manufactures involved in nephrology and neurology devices market are developing advanced versions of their products due to new age technological advancements. Recent technology advances and launch of new product has led the new solutions for urological diseases. New launch product of nephrology and urology devices has fueled the market to new heights. Robot-assistive surgery, Bioimpedance, Stimulation devices, Prosthetic devices have become advanced and have many applications in urology conditions. For instance, in 2022, the advancement in Assistive Electronic Device has become the solution for urological conditions. For instance, in 2021, the new devices and technologies for Hemodialysis vascular access has rapidly changed. The robust developments in Hemodialysis vascular access has become the most excellent treatment modality for kidney failure.

Restrains:

However, high cost of devices and expensive surgical procedures may somewhat restrain the growth of the target market.

Source: Prophecy Market Insights

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

The global nephrology and neurology devices market is segmented based on type, application, and region.

On the basis of type, the global nephrology and urology devices market is segmented into Dialysis Equipment, Endoscopy Devices, Urinary Stone Treatment Devices, and others. On the basis of application, the target market is classified into Diagnostic Laboratories, Hospitals, Clinics, and others.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

On region the global nephrology and urology devices market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period, owing to growing population, especially in countries such as India and China, and technological advancements. Moreover, rising presence of industrial corridor and rising kidney disorders is anticipated to increase demand for nephrology and urology devices in the region.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global nephrology and urology devices market report based on type, application, and region:

Global Nephrology and Urology Devices Market, By Type:

• Dialysis Equipment
• Endoscopy Devices
• Urinary Stone Treatment Devices
• Others

Global Nephrology and Urology Devices Market, By Application:

• Diagnostic Laboratories
• Hospitals
• Clinics
• Others

Global Nephrology and Urology Devices Market, By Region:

• • • North America
      • • U.S.
        • Canada
    • Europe
      • • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa

The key players operating the global nephrology and urology devices market includes, J and M Urinary Catheters LLC., Olympus Corporation, Medtronic, ConvaTec Group PLC., Teleflex Incorporated, Boston Scientific Corporation, Baxter International Inc., NIPRO, Coloplast A/S, Richard Wolf GmbH, Stryker, Rocamed, Fresenius Medical Care AG & Co., Ambu A/S, Dornier Medtech, Ethicon Inc., Siemens Healthcare GmbH, and others. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in 2020, Medtronic launched new Carpediem Cardio-Renal Paediatric dialysis machine in U.S. for use in acute kidney injury in patients requiring hemofiltration therapy and haemodialysis.

• Medtronic*
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• J and M Urinary Catheters LLC.
• Olympus Corporation
• ConvaTec Group PLC.
• Teleflex Incorporated
• Boston Scientific Corporation
• Baxter International Inc.
• NIPRO
• Coloplast A/S
• Richard Wolf GmbH
• Stryker
• Rocamed
• Fresenius Medical Care AG & Co.
• Ambu A/S
• Dornier Medtech
• Ethicon Inc.
• Siemens Healthcare GmbH

 “*” marked represents similar segmentation in other categories in the respective section