Urodynamic Equipment and Consumables Market Forecast and Growth 2031

Urodynamic Equipment and Consumables Market Size and Forecast (2021–2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type ( Cystometer, Uroflowmetry Equipment, Ambulatory Urodynamic Systems, Electromyographs, Video Urodynamic Systems, and Urodynamic Consumables), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)

  • Report Code : TIPHE100001257
  • Category : Medical Device
  • No. of Pages : 150
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Urodynamic Equipment and Consumables Market Dynamics - 2031

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The urodynamic equipment and consumables market size 2021 stood at US$ 192.6 million and is projected to reach US$ 389.7 million by 2031 from US$ XX billion in 2023. The market is expected to register a CAGR of 8.8% in 2023–2031. The growing use of smaller and more portable urodynamic equipment, focus on patient comfort and experience through minimally invasive techniques, and integration of wireless technology in urodynamic equipment will likely remain critical urodynamic equipment and consumables market trends.

Urodynamic Equipment and Consumables Market Analysis

The urodynamic devices and consumables market is expected to grow significantly owing to the growing world's aging population, leading to higher chances of urological diseases and urinary incontinence, thereby driving the demand for diagnostic and treatment. Further, technological advances have also led toward the development of accurate and minimally invasive urodynamic testing devices, which improve diagnostic capabilities and patient comfort. In addition, rising healthcare spending, especially in the emerging countries, also facilitates market expansion. Moreover, increasing awareness regarding urological health and the importance of early diagnosis and treatment further helps individuals to get medical attention, thus, boosting market growth.

Urodynamic Equipment and Consumables Market Overview

Urodynamic equipment and consumables are essential for diagnosing and treatment of various urological diseases, which enables healthcare professionals to view and examine the bladder and urethral function correctly. Urodynamic devices and consumables help the medical professionals in performing urodynamic testing precisely and effectively using a variety of tools (catheters, electromyographs, cytometers, pressure transducers, and uroflowmetry systems) and consumables (tubing, sensors, and catheterization sets). The market has grown steadily in recent years, because of the increasing cases of urological diseases, technological advances in the urodynamic devices, and growing awareness regarding early diagnosis and treatment. In addition, the healthcare providers are prioritizing patient-centric care and investing in state-of-the-art diagnostic tools, which further boosts the growth of the urodynamic devices and consumables market in the future.

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Urodynamic Equipment and Consumables Market: Strategic Insights

Urodynamic Equipment and Consumables Market

  • CAGR (2023 - 2031)
    8.8%
  • Market Size 2023
    US$ XX Billion
  • Market Size 2031
    US$ 389.7 Million

Market Dynamics

GROWTH DRIVERS
  • Increase in Incidence of Chronic Diseases Leading to Kidney Diseases
  • Rise in Prevalence of Urinary Incontinence
FUTURE TRENDS
  • Consolidation of Market
OPPORTUNITIES
  • Increasing Medical Tourism in Emerging Nations

Key Players

  • Unique Medical Devices,
  • Neomedix Systems,
  • Bestmedical,
  • Laborie,
  • Albyn Medical Ltd,
  • Coopersurgical Inc.,
  • Tic Medizintechnik GmBH And Co. Kg,
  • Mirom Medical And Research Equipment Ltd,
  • Nael Medical,
  • Boston Scientific Corporation

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Type
  • Cystometer
  • Uroflowmetry Equipment
  • Ambulatory Urodynamic Systems
  • Electromyographs
  • Video Urodynamic Systems
  • Urodynamic Consumables
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Urodynamic Equipment and Consumables Market Drivers and Opportunities

Rise in Prevalence of Urinary Incontinence to Favor Market

Various medical conditions are linked with urinary incontinence (UI). A mild or occasional leaking of uncontrolled chronic urination is one of the most common problems caused due to UI that affects a significant number of people globally. The increasing prevalence of various chronic diseases (cardiovascular diseases (CVDs), prostate cancer, kidney diseases, diabetes, and multiple sclerosis), growing geriatric population, and stress caused due to changing lifestyles adds up to the chances of UI. UI affects more women than men of any age. According to WHO, the total population aged 60 and above in 2020 was 1 billion and is expected to reach to 1.4 billion by 2030, which increases the cases of chronic diseases thereby driving the market. According to a urology report of January 2020, one in 10,000 to 50,000 children were born with bladder exstrophy-epispadias complex (BEEC). BEEC is a congenital illness that impacts the inferior abdominal wall by failing it to grow, and thus the bladder is developed outside the body. As per an article by Mayo Clinic Health System, in 2022, uncontrolled urine leakage was a common symptom that affected half of adults, and the frequency of this condition grows with age, with up to 75% of women aged 65 and above suffering from urine leakage. Therefore, the rising prevalence of UI is driving the market's growth.

Government Initiatives for Incontinence Treatment

Government initiatives that are primarily focused on the treatment of incontinence provides a compelling growth opportunity for the urodynamic equipment and consumables market. For the purpose of addressing the increasing prevalence of UI especially among the aging populations, the governments all around the world are prioritizing public health initiatives, by investing in healthcare infrastructure and reimbursement policies that are in turn creating an environment for adopting advanced urodynamic technologies. By promoting awareness campaigns on incontinence management and urodynamic testing, governments are boosting the demand for urodynamic equipment and consumables, thereby driving market expansion. In addition, government regulations and quality standards help in ensuring the safety and effectiveness of the equipment and consumables which further increase the trust between healthcare providers and patients. Therefore, the growing healthcare needs and support from the government provides growth opportunities for the market through innovating new treatment options for UI.

Urodynamic Equipment and Consumables Market Report Segmentation Analysis

Key segments that contributed to the derivation of the urodynamic equipment and consumables market analysis are component, application, and end user.

  • Based on type, the urodynamic equipment and consumables market is divided cystometer, uroflowmetry equipment, ambulatory urodynamic systems, electromyographs, video urodynamic systems, and urodynamic consumables. In 2023, the uroflowmetry equipment segment held the largest share of the market. The ambulatory urodynamic systems segment is expected to grow at the fastest CAGR during the forecast years due to the benefits of the ambulatory systems such as affordability, greater portability, and real-time diagnosis to yield highly accurate results.

Urodynamic Equipment and Consumables Market Share Analysis by Geography

The geographic scope of the urodynamic equipment and consumables market report is divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.

North America held the largest market share in the urodynamic equipment and consumables market. The market growth in North America is because of the heavy healthcare expenditure, especially for treating and diagnosing urological diseases. Growing investment in advanced equipment and consumables with favorable reimbursement policies in the region for urodynamic testing for early detection of diseases drives the market growth in the region. In addition, the region also has a well-established network of hospitals, clinics, and diagnostic centers that use latest medical technologies, for diagnostic and treatment of urological problems, which further increases the demand for urodynamic equipment and consumables in North America. However, the Asia Pacific is projected to register highest CAGR in the coming years.

Urodynamic Equipment and Consumables Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Billion
Market Size by 2031 US$ 389.7 Million
Global CAGR (2023 - 2031) 8.8%
Historical Data 2021-2022
Forecast period 2023-2031
Segments Covered By Type
  • Cystometer
  • Uroflowmetry Equipment
  • Ambulatory Urodynamic Systems
  • Electromyographs
  • Video Urodynamic Systems
  • Urodynamic Consumables
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Unique Medical Devices,
  • Neomedix Systems,
  • Bestmedical,
  • Laborie,
  • Albyn Medical Ltd,
  • Coopersurgical Inc.,
  • Tic Medizintechnik GmBH And Co. Kg,
  • Mirom Medical And Research Equipment Ltd,
  • Nael Medical,
  • Boston Scientific Corporation
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

    Urodynamic Equipment and Consumables Market News and Recent Developments

    The urodynamic equipment and consumables market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for urodynamic equipment and consumables:

    • Laborie Medical Technologies Corp. (Laborie) announced its investment in iO Urology, a venture-backed medical technology company that developed CarePath an at-home, handheld uroflow device that is FDA-approved and has been utilized in multiple urology clinics in the US. (Laborie, News, 2024)
    • Laborie Medical Technologies, Inc. (Laborie), signed a definitive agreement to acquire Urotronic, Inc. (Urotronic), a Minnesota-based medical device company pioneering the application of its Optilume drug-coated balloon technology for use in interventional urology including treating urethral strictures and benign prostatic hyperplasia (BPH). (Source: Laborie, News, 2023)
    • Gemini Medical Technologies, a privately held U.S.-based urodynamics diagnostics manufacturer, announced a new partnership today with UroGPO, a Specialty Networks Company, that will give urologists a new option for diagnostic testing. This agreement allows UroGPO members, at their discretion, access to Gemini's air-charged urodynamics catheter line, Atmos. (Source: Gemini Medical Technology, News, 2023)

    Urodynamic Equipment and Consumables Market Report Coverage and Deliverables

    The "Urodynamic Equipment and Consumables Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

    • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Market dynamics such as drivers, restraints, and key opportunities
    • Key future trends
    • Detailed PEST/Porter's Five Forces and SWOT analysis
    • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
    • Detailed company profiles
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    Type , and Geography.

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States

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