According to FutureWise analysis the market for urology laser in 2023 was US$ 1.1 billion, and is expected to reach US$ 1.79 billion by 2031 at a CAGR of 6.2%.
The market for urology laser devices refers to the industry for medical devices that use laser technology to address urological problems. In order to remove tumours from the urethra, bladder, ureter, and kidneys, urology lasers are the medical devices or components that are employed. By using a small light beam that is emitted by urology lasers, tumours of the urethra, bladder, ureter, and kidneys can be surgically treated with accuracy, precision, and minimal discomfort. Urology laser devices are used to treat a range of urological conditions, such as benign prostatic hyperplasia (BPH), kidney stones, urethral strictures and bladder cancer. Urology laser devices are used in procedures such as laser lithotripsy for the treatment of kidney stones, laser prostatectomy for the treatment of enlarged prostate, and laser ablation for the treatment of bladder tumors.
The increasing prevalence of urological conditions, such as kidney stones, BPH, bladder cancer, and others, is driving the demand for urology laser devices. In addition, patients and healthcare providers are increasingly opting for minimally invasive procedures over conventional surgery approaches, which often require larger incisions and longer recovery times. Urology laser devices offer a less invasive alternative, allowing for faster recovery times, reduced risk of complications, and improved patient outcomes. These advantages have contributed to the growth of the urology laser device market.
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Urology Laser Market Segmentation:
By Type
- Holmium
- Thulium
- Diode
By Application
- BPH
- Urolithiasis
- NMIBC
By End User
- Hospitals and Clinics
- Dialysis Centres
- Other end users
By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Competitive Landscape in Urology Laser Market:
- Olympus Corporation
- Boston Scientific Corporation
- Lumenis
- Cook Medical
- OmniGuide Holdings, Inc.
- Allergan plc
- Allengers Medical Systems Limited
- CR BARD (BD)
- Surgical Lasers Inc.
- Ethicon, Inc.
- Stryker Corporation
- Richard Wolf GmbH
- KARL STORZ GmbH
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**Objectives of this Study: **
- To provide a comprehensive analysis of the Urology Laser Market By Type, By Application, By End User and By Region.
- To offer detailed insights into factors such as drivers, restraints, trends, and opportunities, as well as segmental and regional influences on market growth.
- To evaluate current market trends and forecast micro-markets, presenting overall market projections in the form of data sets and PowerPoint presentations.
- To predict the market size in key regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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