The global urology medical lasers market size is expected to grow from $0.77 billion in 2021 to $0.82 billion in 2022 at a compound annual growth rate (CAGR) of 6.6%. The global urology medical laser market is expected to grow to $1.04 billion in 2026 at a CAGR of 6.1%.
What is the Global Urology Medical Lasers Market?
The urology medical lasers market consists of sales of urology medical lasers and related services by entities (organizations, sole traders, and partnerships) that manufacture urology medical lasers. Medical lasers are a non-invasive and efficient source of light used for tissue treatment that provides fast healing without discoloration or scarring. Urology medical lasers are used in the treatment of medical conditions related to the urinary system such as urinary stones, benign prostatic hyperplasia (BPH), bladder or prostate cancer, and traumatic injuries.
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What drives the Global Urology Medical Lasers Market?
Rising cases of urological disorders contribute to the demand for the urology medical lasers market. Growing urological cases including bladder cancer and prostate diseases among others are boosting the demand for minimally invasive surgeries and related devices. According to the American Institute for Cancer Research’s statistics on bladder statistics, bladder cancer is the sixth most common cancer in men and the 17th most common cancer in women. The surge in urological diseases and conditions increases the demand for urological surgeries and supports the growth of the urology medical lasers market.
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Global Urology Medical Lasers Market Segments
The global urology medical lasers market is segmented:
By Laser Type: Holmium Laser System, Diode Laser System, Thulium Laser System, Others
By Application: Benign Prostatic Hyperplasia (BPH), Urolithiasis, Non-Muscle-Invasive Bladder Cancer (NMIBC), Others
By End-User: Hospital, Clinic, Others
By Geography: The regions covered in the urology medical lasers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Urology Medical Lasers Global Market Report 2022provides market size and growth forecasts for the global urology medical lasers market, global urology medical lasers market share, urology medical lasers market segments and geographies, urology medical lasers market competitive landscape including leading competitors’ revenues, profiles and market shares. The urology medical lasers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Urology Medical Lasers Industry Playersinclude Olympus Corporation, Ethicon Inc, Stryker Corporation, Boston Scientific Corporation, Richard Wolf GmbH, Cook Medical Incorporated, Karl Storz SE & Co. KG, Lumenis Ltd, Becton Dickinson and Company, and OmniGuide Holdings Inc. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
