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Urology Lasers Market Size

  • Report ID: GMI6263
  • Published Date: Jul 2023
  • Report Format: PDF

Urology Lasers Market Size

Urology Lasers Market size was valued at USD 1.2 billion in 2022 and is estimated to account for USD 2 billion by 2032. Urology lasers are advanced medical devices that utilize focused laser beams to diagnose and treat numerous conditions associated with the urinary tract.

 

These lasers offer precision and minimal tissue damage during endoscopy, enabling visualization and treatment of kidney stones, bladder tumors, and urethral strictures. Also, these systems are particularly effective in breaking down kidney stones through lithotripsy, fragmenting them into smaller pieces for easy removal. Urology lasers are also used for tissue ablation, coagulation, and vaporization, aiding in the removal of abnormal tissue growths, and treating benign prostatic hyperplasia (BPH) for improved urinary flow. Moreover, urology lasers offer several benefits including reduced bleeding, shorter recovery period, and minimal post-operative complications will boost customer preference thereby, accelerating product demand.

 

The global burden of chronic diseases including diabetes poses a significant risk factor for various urological complications such as diabetic nephropathy, diabetic cystopathy, urinary tract infections (UTIs), urological stones, erectile dysfunction, and urethral strictures lead to increasing urological procedures. For instance, according to the International Diabetes Federation (IDF) Diabetes Atlas report, in 2021, more than 10.5% of the adult population aged 20-79 years have diabetes and almost half of them are unaware of their condition. Additionally, the International Diabetes Federation (IDF) projected that approximately 783 million adults, or 1 in 8 individuals, will be living with diabetes by 2045.

 

Authors: Mariam Faizullabhoy , Pratiksha Kamthe

Frequently Asked Questions (FAQ) :

Global market value for urology lasers was USD 1.2 billion in 2022 and will reach more than USD 2 billion by 2032.

Why is holmium laser system witnessing high demand in urology laser market?

U.S. market size accounted for USD 414.5 million in 2022 and is predicted to witness substantial market growth through 2032. Advanced healthcare infrastructure equipped with state-of-the-art hospitals and a strong presence of skilled professionals for urological treatments are driving industry growth.

Boston Scientific Corporation, Olympus Corporation, Lumenis Ltd., Cook Medical, Richard Wolf GmbH, Stryker Corporation, KARL STORZ SE & Co. KG, Quanta System S.p.A., Biolitec AG, El.En. S.p.A., ForTec Medical, Inc., Medtronic plc, and Ethicon Inc. (Johnson & Johnson) among others.

Urology Lasers Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 13
  • Tables & Figures: 365
  • Countries covered: 30
  • Pages: 245
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