Global Urology and Pelvic Health Market is projected to witness a decent growth of 8% by 2027

BRUSSELS - Jan. 30, 2023 - PRLog -- Urology and pelvic health is a medical and surgical segment involving disorders of the genitourinary tract and adrenal glands. Urologists address the medical conditions affecting kidneys, ureters, bladder and urethra in both men and women. The global urology and pelvic health market is classified on the basis of product, application and end-user.

Technological Developments in Urology and Pelvic Health Market to Fuel its Global Demand

Constant developments and innovations in the urology and pelvic health market have enabled to develop efficient products with advanced capabilities such as minimally invasive approach, rapid recovery and reduced infections. All leading players have recently launched their technologically advanced products to expand their geographic reach and strengthen their global position in the urology and pelvic health market. Some of the recent technological advancements are listed as below:-

• In November 2022, Teleflex launched its UroLift System in India, a minimally invasive approach for the treatment of benign prostatic hyperplasia (BPH) or prostate enlargement thus providing a rapid symptomatic relief for men allowing quick recovery.
• In November 2022, Coloplast launched SpeediCath Flex Set, a new catheter in the US market, featuring a triple action coating technology specifically designed to reduce the risk of Urinary Tract Infections (UTIs) and urethral damage.

North America is set to hold a Larger Share in the Urology and Pelvic Health Market

From a geographical perspective, North America holds a larger share of the urology and pelvic health market. This can be mainly attributed to the investments made by the hospitals to procure their advanced urology and pelvic health devices, favorable reimbursement policies and advanced healthcare infrastructures.

Some of the primary challenges to the urology and pelvic health market growth are high costs of urology and pelvic health devices, unfavorable reimbursement scenario and lack of experienced professionals. Irrespective of these challenges, the global urology and pelvic health market is anticipated to grow at a decent rate due to an increased focus of market players on new product development with advanced functionalities.

Competitive Landscape Analysis: Urology and Pelvic Health Market

The global urology and pelvic health market is marked by the presence of established market players such as below:-

• Boston Scientific Corporation
• Medtronic plc
• Coloplast
• B. Braun Melsungen AG
• ConvaTec Group
• Hollister Incorporated
• Teleflex
• Stryker Corporation
• Ethicon

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