“According to a new report published by Introspective Market Research, Urology Device Market by Product Type, Application, and End User, the Global Urology Device Market Size Was Valued at USD 253 Million in 2023 and is Projected to Reach USD 387 Million by 2032, Growing at a CAGR of 7.45% from 2024 to 2032.”
The urology device market encompasses a wide range of medical instruments and medical equipment used in the diagnosis, treatment, and management of disorders related to the urinary tract and male reproductive system. These devices include catheters, endoscopes, lithotripsy devices, urodynamic systems, and robotic-assisted surgical tools, which are extensively used across hospitals, specialty clinics, and ambulatory surgical centers.
Urology devices offer significant advantages over traditional treatment approaches by enabling minimally invasive procedures, reducing hospital stays, lowering complication risks, and improving patient outcomes. Advancements in imaging technologies, laser-based therapies, and robotic-assisted surgery have further enhanced procedural precision and efficiency.
The market is witnessing steady growth due to the rising prevalence of urological disorders such as kidney stones, urinary incontinence, benign prostatic hyperplasia (BPH), and prostate cancer. Additionally, the growing geriatric population, increasing healthcare expenditure, and expanding access to advanced urological care are contributing to the market’s expansion globally.
Market Segmentation
The Urology Device Market is segmented into Product Type, Application, and End User.
By Product Type, the market is categorized into Urology Endoscopes, Catheters, Lithotripsy Devices, Urodynamic Systems, and Others.
By Application, the market is categorized into Kidney Diseases, Prostate Disorders, Urinary Incontinence, and Others.
By End User, the market is categorized into Hospitals, Specialty Clinics, and Ambulatory Surgical Centers.
Growth Driver
The rising prevalence of urological disorders is a primary growth driver for the urology device market. Conditions such as kidney stones, urinary tract infections, prostate enlargement, and bladder dysfunction are becoming increasingly common due to aging populations, sedentary lifestyles, and dietary changes. The growing demand for minimally invasive diagnostic and therapeutic procedures has accelerated the adoption of advanced urology devices. Furthermore, technological innovations such as laser lithotripsy and robotic-assisted urological surgery are improving treatment accuracy, reducing recovery times, and driving higher acceptance among healthcare providers.
Market Opportunity
The increasing adoption of minimally invasive and robotic-assisted urological procedures presents a significant market opportunity. Emerging economies are investing heavily in healthcare infrastructure, creating demand for advanced urology devices in hospitals and specialty clinics. Additionally, continuous R&D efforts aimed at developing portable, cost-effective, and patient-friendly urology devices are expected to open new growth avenues. Expansion into outpatient and ambulatory surgical settings further offers opportunities for manufacturers to broaden their market reach and enhance revenue generation.
Detailed Segmentation
Urology Device Market, Segmentation
The Urology Device Market is segmented on the basis of Product Type, Application, and End User.
Product Type
The Product Type segment is further classified into Urology Endoscopes, Catheters, Lithotripsy Devices, and Urodynamic Systems. Among these, the Urology Endoscopes sub-segment accounted for the highest market share in 2023. This dominance is attributed to their extensive use in diagnostic and therapeutic procedures such as cystoscopy and ureteroscopy. The increasing preference for minimally invasive procedures and technological advancements in endoscopic imaging systems have further supported the growth of this sub-segment.
Application
The Application segment is further classified into Kidney Diseases, Prostate Disorders, Urinary Incontinence, and Others. Among these, the Prostate Disorders sub-segment accounted for the highest market share in 2023. The high prevalence of benign prostatic hyperplasia and prostate cancer, particularly among the aging male population, has driven demand for advanced diagnostic and surgical urology devices, contributing significantly to segment growth.
Some of the Leading/Active Market Players Are
- Boston Scientific Corporation (USA)
• Olympus Corporation (Japan)
• Medtronic plc (Ireland)
• Karl Storz SE & Co. KG (Germany)
• Cook Medical (USA)
• Becton, Dickinson and Company (USA)
• Stryker Corporation (USA)
• Coloplast Group (Denmark)
• Richard Wolf GmbH (Germany)
• Teleflex Incorporated (USA)
• Conmed Corporation (USA)
• Siemens Healthineers (Germany)
and other active players.
Key Industry Developments
In March 2024, a leading medical device manufacturer launched an advanced laser lithotripsy system designed to improve kidney stone treatment efficiency.
The new system offers enhanced precision, reduced procedure time, and improved patient safety, strengthening the company’s position in the global urology device market.
In October 2023, a major urology device company expanded its product portfolio through a strategic acquisition of a minimally invasive urology technology firm.
This acquisition aimed to enhance the company’s innovation capabilities and expand its presence across emerging healthcare markets worldwide.
Key Findings of the Study
- Urology endoscopes dominate the product type segment
• Prostate disorders represent the leading application segment
• North America holds a significant regional market share
• Rising prevalence of urological disorders drives market growth
• Technological advancements remain a key market trend
More Info:- https://introspectivemarketresearch.com/reports/urology-device-market/
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