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Title Urology Devices Market worth $48.6 billion by 2028
URL https://www.globenewswire.com/news-release/2023/12/07/2792405/0/en/Urology-Devices-Market-is-Expected-to-Reach-48-6-Billion-MarketsandMarkets.html
Category Fitness Health --> Health Articles
Meta Keywords Global Urology Devices Market, Urology Devices Industry, Urology Devices Market Size, Urology Devices Market Growth, Urology Devices Market Outlook
Meta Description North America held the predominant portion of the urology devices market. This can be attributed to the region's advanced healthcare facilities and substantial healthcare investments, which are pivotal in fueling the requirement for urology devices.
Owner Healthcare101
Description
Urology Devices Market in terms of revenue was estimated to be worth $34.1 billion in 2023 and is poised to reach $48.6 billion by 2028, growing at a CAGR of 7.3% from 2023 to 2028 according to a new report by MarketsandMarkets. The high prevalence of urological diseases significantly impacts the increased demand for urological devices. Cancer patients who need surgical interventions with latest technologies like minimally invasive surgery and robotic surgeries. This will lead to an increased need for urological devices. Thus, the escalating demand for urological disease diagnosis and treatment, has led to a pressing need for technologically advanced devices, which is thereby expected to support the growth of the urological devices market.