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The global urology devices market is projected to reach USD 46,408.2 million by 2026 from USD 38,005.6 million in 2021, at a CAGR of 4.1%.
Market growth is driven by factors such as the growing number of hospitals and investments in endoscopy and laparoscopy facilities, rising incidence and prevalence of urological conditions, and growing preference for minimally invasive procedures. On the other hand, the high degree of market consolidation is expected to limit market growth to a certain extent in the coming years.
The consumables & accessories segment accounted for the highest growth rate in the urology devices market, by product, during the forecast period
25
Global urology devices market is registering a substantial CAGR of 7.21% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market can be attributed due to surge in demand for minimally invasive surgery and non-invasive treatment devices and various innovations and product launches in the urology devices division is contributing to the market growth.
Urology Devices report provides the solid foundation required to accomplish the variety of business challenges that come along. To generate this winning market research report, goals are set and primary and secondary segments are decided to get the grips with the kind of information required to achieve effective results. The report is very concise and accurate which is straight to the point and also don’t omit any essential information. All the collected market data is cleaned and organized before formulating an excellent market report. The comp