Urology Laser Market to Grow with a Moderate CAGR During 2021-2029
by Henry S. Market ResearchResearch
Nester released a report titled “Urology
Laser Market: Global Demand Analysis & Opportunity Outlook 2029” which
delivers detailed overview of the Urology Laser Market in terms of market
segmentation by laser type, application and region.
Further,
for the in-depth analysis, the report encompasses the industry growth
indicators, restraints, supply and demand risk, along with detailed discussion
on current and future market trends that are associated with the growth of the
market.
The urology
laser market is projected to grow with a moderate CAGR during
the forecast period, i.e., 2021-2029 on account of the rising prevalence of
urology-related disorders, along with increase in preference for minimal
invasive surgeries. According to National
Center for Health Statistics of U.S. Federal Statistical System, urinary tract
infections are the second-most common type of infections, leading to about 8.1
million visits to healthcare providers each year.
The
market is segmented by laser type into holmium (HO: YAG), thulium (THU: YAG),
neodymium (ND: YAG), KTP (potassium titanyl phosphate), diode Laser, green
light laser, erbium: YAG laser, lithium triborate, and others. Among these
segments, the thulium (THU: YAG) segment is anticipated to hold the largest
share by the end of 2021 in the urology laser market as a result of higher
protection and efficacy in terms of tissue resection speed and preventing blood
loss.
Download Sample of This Strategic
Report: https://www.researchnester.com/sample-request-2916
On the
basis of region, the market is segmented into North America, Europe, Asia
Pacific, Latin America, and the Middle East & Africa, out of which, the urology
laser market in the Asia Pacific is projected to grow at the highest CAGR
throughout the forecast period. Currently, the market in North America holds
the largest share. This can be attributed to the increased use of minimally
invasive procedures and enhanced demand for patient safety in the region.
Rising prevalence of urology-related
disorders and increasing preference for minimal invasive surgeries to Drive
Market Growth
According
to the data released by Center for Disease Control and Prevention (CDC), in
U.S., over 20 million people suffer from some type of chronic kidney disease.
Unhealthy
lifestyle is one of the most predominant risk factors for any kind of urologic
disorder. It has been observed that individuals with a weak immune system possess
a high risk of having urologic problems. Additionally, the increasing
preference for minimal invasive surgeries in recent years is also expected to
boost the market growth in upcoming years. However, stringent regulatory
policies in developed countries like U.S. are estimated to restrain market
growth in the near future.
“The
Final Report will cover the impact analysis of COVID-19 on this industry.”
Download/Request Sample Copy of
Strategic Report: https://www.researchnester.com/sample-request-2916
This
report also provides the existing competitive scenario of some of the key
players of the urology laser market which
includes company profiling of Boston Scientific Corporation
(NYSE: BSX), Olympus Corporation (TYO), JenaSurgical GmbH, Ethicon Inc.,
Stryker Corporation (NYSE: SYK), Richard Wolf GmbH, Lumenis Ltd., Quanta System
SpA, Karl Storz GmbH, and Others. The profiling enfolds key information of the
companies which encompasses business overview, products and services, key
financials and recent news and developments. On the whole, the report depicts
detailed overview of the urology laser
market that will help industry
consultants, equipment manufacturers, existing players searching for expansion
opportunities, new players searching possibilities and other stakeholders to
align their market centric strategies according to the ongoing and expected
trends in the future.
About Research
Nester
Research
Nester is a one-stop service provider with a client base in more than 50 countries, leading in strategic market
research and consulting with an unbiased and unparalleled approach towards
helping global industrial players, conglomerates and executives for their
future investment while avoiding forthcoming uncertainties. With an
out-of-the-box mindset to produce statistical and analytical market research
reports, we provide strategic consulting so that our clients can make wise
business decisions with clarity while strategizing and planning for their
forthcoming needs and succeed in achieving their future endeavors. We believe every business can expand to its new
horizon, provided a right guidance at a right time is available through
strategic minds.
Contact for more
Info:
AJ
Daniel
Email:
info@researchnester.com
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Created on Jan 13th 2023 00:46. Viewed 170 times.