Urology Surgical Instrument Market Projection, Technological Innovation And Emerging Trends

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The rising incidence of various urological diseases such as urinary tract infections (UTIs), benign prostatic hyperplasia (BPH), chronic kidney diseases (CKDs), and prostate cancer is propelling the demand for urology surgical instruments across the world. As per the National Kidney Foundation (NKF), as many as 30 million American adults or one out of every seven persons in the U.S., were suffering from chronic kidney diseases in 2017. Furthermore, most of these people were not even aware that they had CKD.

Get More Insights: Urology Surgical Instrument Market Revenue Estimation and Growth Forecast Report

Out of these, the usage of guidewires was found to be the highest in urology surgeries during the last few years. This was because of the various features of these devices such as smooth tracking, maximum maneuverability, precise control, and easy advancement during surgeries. Across the globe, the sales of urology surgical instruments will boom in Asia-Pacific in the future, as per the estimates of the market research company, P&S Intelligence.

This will be because of the rising public awareness about urological diseases, the soaring popularity of medical tourism, and the rapid expansion of the healthcare industry in this region. Moreover, the surging GDP of the regional countries is propelling the sales of surgical instruments. As per the World Bank, the GDP per capita of India grew from $1,345.8 in 2010 to $1,709.4 in 2016. A similar trend was witnessed in other emerging economies such as Indonesia and Papua New Guinea.

Hence, it can be said with full confidence that the demand for urology surgical instruments will soar all over the world in the coming years, primarily because of the rising incidence of urological diseases and the rapid advancement of the healthcare industry in several countries. 

 

 

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