Press Release

Global Urology Devices Market to Reach USD56.8 Billion Mark by 2030

The Global Urology Devices Market size was valued at around USD37.3 billion in 2024 and is projected to reach USD56.8 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.2% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report. The cases of tumors and cancers have increased in the last few years, such as urological cancers. This has created enormous demand for urological devices for urological therapeutics. Additionally, the governments in various countries are taking initiatives to develop medical infrastructure, including establishing cancer centers in different nations like India, China, and the U.S. etc. Granting quick approvals for market trials and clinical trials by regulatory bodies is another factor behind the growth of this market. The widespread use of newer technologies creates growth in the medical industry. Artificial intelligence, robotics, machine learning, augmented reality, 3D modeling, virtual reality, etc, have further assisted in the treatment of urological disorders. Thus leading to the expansion of the market growth.

Apart from that, the most vulnerable group for urological diseases, especially kidney dysfunction, is the elderly. Additionally, among senior citizens, males are more prone to these diseases. However, a major disease called cervical cancer is the most common cancer found in females. The number of cervical cancer cases is also highly contributing to the market growth, as they are rapidly increasing. For example, as per the WHO, India accounts for nearly 25% of the total cervical cancer cases globally. Also, more than 150 women die due to cancer, especially cervical cancer, in India. These cases demand a high number of urological devices such as ureter stents, nephrostomy tubes, etc. Hence, it increases the growth of the market. However, the high initial costs of the urological devices and the infections related to the urinary devices hinder the market growth, further states the research report, “Global Urology Devices Market Analysis, 2025.”

Segmentation Analysis

Endoscope is the Most Preferred Product Type

Based on the product type, the market is further bifurcated into Endoscopes, Dialysis Devices, Lithotripsy Devices, and others. The endoscope segment is leading in the market. Within endoscopes, disposable single-use Uretoscopes and Cystoscopes are prevailing in the urological devices market. The extensive use of these devices in the diagnosis of urological diseases greatly demands urological devices. Additionally, the rising number of prostate cancer cases leads to the requirement for advanced diagnosis methods and devices, including urological devices. For instance, as per the research survey (2022), Singapore has witnessed a high number of cancer cases in the prostate glands. Also, the number is growing rapidly in Southeast Asia. Hence, the devices for treating and identifying the cancer stage are essentially required.

North America Leads the Global Market Growth

Among North America, South America, Europe, the Middle East & Africa, and Asia-Pacific, North America leads the global market growth. Within North America, the United States holds the largest market share. This is due to the highest number of medical facilities in the United States. Also, the US has an advanced research and development infrastructure. Moreover, the huge investments by the US government for clinical trials have contributed to making this region dominant in the urological devices market. Additionally, the presence of the highest number of medical device manufacturing units and provider companies in the US has made the US the most prevalent country for the market. Moreover, the maximum number of senior citizens in the country has contributed to the dominance of the region to hold the largest share of the urology devices market globally.

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including Olympus Corporation, Stryker Corporation, Cook Medical, Hollister Incorporated, Coloplast, Siemens Healthineers, Boston Scientific Corporation, Braun SE, Nipro Medical Corporation, Intuitive Surgical, Laborie Zenflow Inc., American Medical Endoscopy, Teleflex, ConvaTec, Baxter International, and others are looking forward to strengthening their market positions.

Key Questions Answered in the Research Report

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What key factors would propel and impede the industry across the globe?
4. How has the industry been evolving in terms of geography & product adoption?
5. How has the competition been shaping up across various regions?
6. How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2020-30?
7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?