The Rising Prevalence Of Urinary Incontinence To Boost Urodynamic Equipment Market Growth

Urodynamic Equipment Market
Urodynamic Equipment Market

The Urodynamic Equipment Market is Segmented by Product Type (Urodynamic Equipment (Cystometer, Uroflowmetry Equipment, Ambulatory Urodynamic Systems, Electromyograph, and Video Urodynamic Systems) and Urodynamic Consumables (Urodynamic Catheters and Urodynamic Pumps and Transducer Sets)), End User (Hospitals, Ambulatory Centers, and Other End Users) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America)-Outlook, Size, Share, and Opportunity Analysis, 2023 – 2030

The global Urodynamic Equipment Market is estimated to be valued at US$ 179.73 million in 2021 and is expected to exhibit a CAGR of 6.3 % over the forecast period, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Urodynamics equipment is used to measure bladder filling, storage in the bladder, transmission and emptying of urine. The urodynamic survey’s aim is to replicate and detect the underlying factors of decrease urinary tract dysfunction. It associates comfort, protection and accuracy for survey of cystometry, urethral profile, electromyography, post void remaining quantity and biofeedback.

Competitive Landscape:

Key players involved in the growth of the global Urodynamic Equipment Market are Medical Measurement Systems B.V, Boston Scientific Corporation, Coopersurgical, Inc., Medtronic Plc, Coloplast​, Verathon, Inc., Albyn Medical S.L., Karl Storz SE & Co. KG, and Olympus Corporation.

Market Key Drivers:

The rising prevalence of urinary incontinence is expected to augment the growth of the global Urodynamic Equipment for Market. For instance, according to an article reported by the NLM, in June 2022, around 423 million people suffer from urinary incontinence across the globe annually.

Rising urological diseases such as blood cancer, infection, kidney stones and others are projected to propel the growth of global Urodynamic Equipment Market. For instance, according to an article generated in June 2022, urinary tract infections are the general bacterial inflammation in women among the ages of 16 and 35 years across the globe.

Covid-19 Impact Analysis:

The COVID-19 outbreak has adversely affected the growth of global urodynamic equipment for market. The surge in the pandemic has changed the lives of many across the globe, with the rising number of cases at a fast pace. The COVID-19 crisis has led to a decrease in the number of visits to clinics and operations were at halt to curb the spread of the pandemic, hence all these factors impeded the market growth.

Key Takeaways:

The global Tissue and Organ Transplantation Market is expected to exhibit a CAGR at high rate during the forecast period due to rising company innovations in developing technically advanced devices and goods.

For example, in March 2022, the Lok Nayak Hospital, Delhi, started an urodynamic video lab that offers real-time images of the urinary tract and bladder and quick response. .

Among region North America, Asia Pacific and Europe are anticipated to witness robust growth in the global tissue and organ transplantation for market due to rising urological diseases such as blood cancer, kidney stones, urinary infection and urinary incontinence (UI). For instance, as per NCBI, in February 2021, it has been seen that UI affects women excessively compared to men and is considerably rising amidst women above 60 years and more in U.S.

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