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Overview

Urology Laser Market Overview:

According to FutureWise analysis the market for urology laser in 2023 is US$ 1.1 billion, and is expected to reach US$ 1.79 billion by 2031 at a CAGR of 6.2%.

The market for urology laser devices refers to the industry for medical devices that use laser technology to address urological problems. In order to remove tumours from the urethra, bladder, ureter, and kidneys, urology lasers are the medical devices or components that are employed. By using a small light beam that is emitted by urology lasers, tumours of the urethra, bladder, ureter, and kidneys can be surgically treated with accuracy, precision, and minimal discomfort. Urology laser devices are used to treat a range of urological conditions, such as benign prostatic hyperplasia (BPH), kidney stones, urethral strictures and bladder cancer. Urology laser devices are used in procedures such as laser lithotripsy for the treatment of kidney stones, laser prostatectomy for the treatment of enlarged prostate, and laser ablation for the treatment of bladder tumors.

The increasing prevalence of urological conditions, such as kidney stones, BPH, bladder cancer, and others, is driving the demand for urology laser devices. In addition, patients and healthcare providers are increasingly opting for minimally invasive procedures over conventional surgery approaches, which often require larger incisions and longer recovery times. Urology laser devices offer a less invasive alternative, allowing for faster recovery times, reduced risk of complications, and improved patient outcomes. These advantages have contributed to the growth of the urology laser device market.

FutureWise Market Research has published a report that provides an insightful analysis of Urology Laser Device Market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. By the end of the forecast period FutureWise research analysts projects that Urology Laser Device Market will experience a significant growth. According to the analysis done, this report will help understand the information referring to the total valuation held by this industry. Additionally, this report will help in understanding the growth opportunities held by various segments of this market, further assist in making better strategic and expansion decisions by key stakeholders of an organization.

Major players included in the Urology Laser Market:

Olympus Corporation
Boston Scientific Corporation
Lumenis
Cook Medical
OmniGuide Holdings, Inc.
Allergan plc
Allengers Medical Systems Limited
CR BARD (BD)
Surgical Lasers Inc.
Ethicon, Inc.
Stryker Corporation
Richard Wolf GmbH
KARL STORZ GmbH

Recent developments by key players in Urology Laser Device Market:

In September 2022, The bladder cancer treatment provider Photocure ASA presented the initial findings from the Laser II clinical trial, which show non-inferiority in outpatient laser bladder and validated the safety of bladder tumour therapy in the outpatient context.
In September 2022 A biotechnology company named UroGen, which is committed to developing and commercialising novel therapies for the treatment of urothelial and specialised malignancies, confirmed that the FDA had imposed a 96-hour reconstitution of its product that affects hospitals, physicians, pharmacists, and elderly patients for the treatment of urothelial carcinoma.

Technology improvements, shifting demographics, and growing healthcare costs all contribute to the dynamic and ever-evolving urology laser device industry. The rising incidence of urological illnesses is one of the major factors influencing the market for urology laser devices. An increased frequency of urological disorders, such as kidney stones and BPH, has been linked to an ageing population, shifting lifestyle patterns, and growing obesity rates. Urology laser technologies, which can offer less invasive treatment alternatives with quicker recovery periods and fewer consequences, are becoming more popular. The rise in demand for minimally invasive treatments and the move towards outpatient procedures have also contributed to the market expansion for urology laser devices. Compared to conventional surgical techniques, these devices provide a number of benefits, including quicker healing periods, minimal scars, and shorter hospital stays. This trend is expected to continue in the coming years, as healthcare providers seek to reduce costs and improve patient outcomes.

Despite the market for urology laser devices being driven by numerous favourable aspects, there are still issues that need to be resolved. Many patients may not be able to access these technologies due to the high cost of urology laser equipment and the absence of insurance coverage for some treatments. Also, there is a dearth of educated urologists with the necessary skills, which may prevent the widespread deployment of these devices in some regions.

Urology Laser Market Segmentation:

By Type

Holmium
Thulium
Diode

By Application

BPH
Urolithiasis
NMIBC

By End User

Hospitals and Clinics
Dialysis Centres
Other end users

By Region

North America
Europe
Asia-Pacific
Latin America
Middle East and Africa

This market research report also emphasis on factors affecting the growth rate in various regions listed above. A deep-down analysis of region will also be provided in the final version of this market which is based on conclusion of primary interviews and secondary data point gathered during the process.

By region, the market is segmented into North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. North America registered highest share in the market in 2022. North America presently leads the urology laser device market and is anticipated to do so for the foreseeable future, due to the rising prevalence of urolithiasis, BPH, and other urology-related disorders. The United States is anticipated to be the biggest sector for urology lasers in the North American region, owing to the rising prevalence of urological disorders such as bladder cancer and urinary incontinence, as well as the growing demand for minimally invasive procedures due to shorter operative times and fewer complications. The emergence and adoption of new technologies is assisting the target market to expand in the United States. Rising healthcare spending is the main driver of the country's healthcare sector's expansion. Additionally, on a global scale, based on type; holmium laser system hold a market share of 52.5% in 2022.

Competitive Landscape:

Tier 1 players- established companies in the market with major market share
Tier 2 players
New Entrants
Emerging players which are growing rapidly

FutureWise Key Takeaways:

Growth prospects
SWOT analysis
Key trends
Key data points affecting market growth

Objectives of the Study:

To provide with an exhaustive analysis on the of Urology Laser Market By Type, By Application, By End-User and By Region.
To cater comprehensive insights on factors such as drivers, restraints, trends, opportunity, and additionally segmental and regional factors impacting market growth.
To evaluate current market trends and forecast micro-markets and the overall market projections which are represented in the format of data-sets and ppt.
To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
To provide information on competitors which includes landscape mapping, technological advancements, R&D spending, news concerning strategic alliances, and new product launches

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1. Market Introduction
- 1. Objectives of the Study
  2. Market Definition
  3. Market Scope
  3.1 . Years Considered for the Study
  3.2 . Market Covered
  4. Currency
  5. Limitations
  6. Stakeholders
2. Research Methodology
- 1. Research Data
  1.1 . Secondary Data
  1.1.1 . Key Data from Secondary Sources
  1.2 . Primary Data
  1.2.1. Key Data from Primary Sources
  2. Market Size Estimation
  3. Market Breakdown and Data Triangulation
  4. Assumptions for the Study
3. Executive Summary
- 1. Market Outlook
  2. Segment Outlook
  3. Competitive Insights
4. Global Urology Laser Market Variables, Trends and Scope
- 1. Market Lineage Outlook
  2. Penetration and Growth Prospect Mapping
  3. Industry Value Chain Analysis
  4. Cost Analysis Breakdown
  5. Mode Of Administration Overview
  6. Regulatory Framework
  6.1. Reimbursement Framework
  6.2. Standards and Compliances
5. Market Overview
- 1. Market Dynamics
  1.1. Market Driver Analysis
  1.1.1. Increasing focus of Urology Laser Companies on Brand Protection
  1.1.2. Untapped Opportunities in Emerging Regions
  1.2. Market Restraint Analysis
  1.2.1. High Cost Associated with Implementation of Predictive Analysis
  1.3. Industry Challenges
  1.3.1. Presence of Ambiguous Regulatory Framework
6. Global Urology Laser Market Analysis Tools
- 1. Industry Analysis - Porter’s
  1.1. Supplier Power
  1.2. Buyer Power
  1.3. Substitution Threat
  1.4. Threat from New Entrants
  1.5. Competitive Rivalry
  2. Pestel Analysis
  2.1. Political Landscape
  2.2. Environmental Landscape
  2.3. Social Landscape
  2.4. Technology Landscape
  2.5. Legal Landscape
  3. Major Deals And Strategic Alliances Analysis
  3.1. Joint Ventures
  3.2. Mergers and Acquisitions
  3.3. Licensing and Partnership
  3.4. Technology Collaborations
  3.5. Strategic Divestments
  4. Market Entry Strategies
  5. Case Studies
7. Global Urology Laser Market, By Type Historical Analysis and Forecast 2023-2031 (USD Million)
- 1. Holmium
  2. Thulium
  3. Diode
8. Global Urology Laser Market, By Application Historical Analysis and Forecast 2023-2031 (USD Million)
- 1. BPH
  2. Urolithiasis
  3. NMIBC
9. Global Urology Laser Market, By End User Historical Analysis and Forecast 2023-2031 (USD Million)
- 1. Hospitals and Clinics
  2. Home CareDialysis Centres
  3. Other end users
10. North America Urology Laser Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
- 1. Introduction
  2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
  2.1. U.S.A
  2.2. Canada
  2.3. Mexico
  3. Market Size (USD Million) Forecast for North America 2023-2031
11. Latin America Urology Laser Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
- 1. Introduction
  2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
  2.1. Brazil
  2.2. Venezuela
  2.3. Argentina
  2.4. Rest of Latin America
  3. Market Size (USD Million) Forecast for Latin America 2023-2031
12. Europe Urology Laser Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
- 1. Introduction
  2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
  2.1. Germany
  2.2. U.K
  2.3. France
  2.4. Italy
  2.5. Spain
  2.6. Russia
  2.7. Poland
  2.8. Rest of Europe
  3. Market Size (USD Million) Forecast for Europe 2023-2031
13. Asia Pacific Urology Laser Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
- 1. Introduction
  2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
  2.1. Japan
  2.2. China
  2.3. India
  2.4. Australia and New Zealand
  2.5. ASEAN
  2.6. Rest of Asia Pacific
  3. Market Size (USD Million) Forecast for Asia Pacific 2023-2031
14. Middle East and Africa Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
- 1. Introduction
  2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
  2.1. GCC
  2.2. Israel
  2.3. South Africa
  2.4. Rest of MEA
  3. Market Size (USD Million) Forecast for MEA 2023-2031
15. Market Share Analysis and Competitive Landscape
- 1. Global Landscape - Key Players, Revenue and Presence
  2. Global Share Analysis - Key Players (Tier 1, Tier 2, Tier 3)
  3. Global Emerging Companies
  4. North America - Market Share Analysis and Key Regional Players
  5. Europe - Market Share Analysis and Key Regional Players
  6. Asia Pacific - Market Share Analysis and Key Regional Players
  7. Global Key Player - Growth Matrix
16. Company Profiles (Competition Dashboard, Competitors Deep Dive, Products Offered and Financial Layouts)
- 1. Olympus Corporation
  1.1. Company Overview
  1.2. Product Portfolio
  1.3. SWOT Analysis
  1.4. Financial Overview
  1.5. Strategic Overview
  2. Boston Scientific Corporation
  2.1. Company Overview
  2.2. Product Portfolio
  2.3. SWOT Analysis
  2.4. Financial Overview
  2.5. Strategic Overview
  3. Lumenis
  3.1. Company Overview
  3.2. Product Portfolio
  3.3. SWOT Analysis
  3.4. Financial Overview
  3.5. Strategic Overview
  4. Cook medical
  4.1. Company Overview
  4.2. Product Portfolio
  4.3. SWOT Analysis
  4.4. Financial Overview
  4.5. Strategic Overview
  5. OmniGuide Holdings, Inc.
  5.1. Company Overview
  5.2. Product Portfolio
  5.3. SWOT Analysis
  5.4. Financial Overview
  5.5. Strategic Overview
  6. Allergan plc
  6.1. Company Overview
  6.2. Product Portfolio
  6.3. SWOT Analysis
  6.4. Financial Overview
  6.5. Strategic Overview
  7. Allengers Medical Systems Limited
  7.1. Company Overview
  7.2. Product Portfolio
  7.3. SWOT Analysis
  7.4. Financial Overview
  7.5. Strategic Overview
  8. CR BARD (BD)
  8.1. Company Overview
  8.2. Product Portfolio
  8.3. SWOT Analysis
  8.4. Financial Overview
  8.5. Strategic Overview
  9. Surgical Lasers Inc.
  9.1. Company Overview
  9.2. Product Portfolio
  9.3. SWOT Analysis
  9.4. Financial Overview
  9.5. Strategic Overview
  10. Ethicon, Inc.
  10.1. Company Overview
  10.2. Product Portfolio
  10.3. SWOT Analysis
  10.4. Financial Overview
  10.5. Strategic Overview
  11. Stryker Corporation
  11.1. Company Overview
  11.2. Product Portfolio
  11.3. SWOT Analysis
  11.4. Financial Overview
  11.5. Strategic Overview
  12. Richard Wolf GmbH
  12.1. Company Overview
  12.2. Product Portfolio
  12.3. SWOT Analysis
  12.4. Financial Overview
  12.5. Strategic Overview
  13. KARL STORZ GmbH
  13.1. Company Overview
  13.2. Product Portfolio
  13.3. SWOT Analysis
  13.4. Financial Overview
  13.5. Strategic Overview
17. Pre and Post COVID-19 Impact
- 1. Positive influence on the healthcare industry
  2. The financial disruption of the manufacturing sector
  3. Impact of COVID-19 on emerging companies
  4. Significant mandates in the healthcare regulations initiated by
  administrations
  5. The overall economic slowdown of the developing and developed nations
18. FutureWise SME Key Takeaway Points for Client

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