LONDON--(BUSINESS WIRE)--According to the latest market study released by Technavio, the global urology surgery supplies market is expected to grow at a CAGR of more than 10%.
This research report titled ‘Global Urology Surgery Supplies Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. Thus, the data presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
With each passing year, the number of urology surgeries is increasing around the world. The use of traditional open procedures in these surgeries causes various complications such as postoperative pain, blood clots, fatigue, muscle atrophy, and infections. This has led to surgeons preferring MI techniques such as single incision procedures and robot-assisted surgeries over conventional open surgeries.
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Technavio’s analysts categorize the global urology surgery supplies market into three major segments by product. They are:
- Consumables and accessories
- Guidewires and retrieval devices
- Ureteral catheters
Consumables and accessories
Consumables and accessories consist of a wide range of products such as access sheaths, tubes, forceps, clamps, drainage bags, forceps and needles, surgical dissectors, and urine collection bags. The additional handling and cleaning supplies include gloves, solvent, tweezers and hemostats, and finger cots, which are primarily used during the urology laser procedure.
According to Barath Palada, a lead orthopedics and medical devices research analyst from Technavio, “The global urology surgery supplies market for consumables and accessories is growing at a faster rate and is the maximum revenue generator in the global urology surgery supplies market. It is the largely commoditized segment that requires constant replacement by hospitals and ASCs.”
Guidewires and retrieval devices
The global urology surgery supplies market for the guidewires and retrieval devices segment is growing at a steady rate and is expected to see an increase with the rise in urological stenting and kidney stone management procedures globally. Most of the guidewires are used as support devices in a variety of urology surgical procedures, especially during urology stenting and catheterization procedures.
“The primary functions of guidewires include to track stents and catheters through the vessel, to provide easy access to the lesions during surgeries, to cross the lesions without causing any pain to the patient, and to give support for interventional devices,” says Barath.
Ureteral catheters
Ureteral catheters are used for ureteral dilation, infusion of contrast media, and maintaining drainage during surgeries. They mainly facilitate direct drainage of the urinary bladder. These catheters are used for both diagnostic (to determine the etiology of genitourinary conditions) and therapeutic (install medication, provide irrigation, and relieve urinary retention) purposes.
Ureteral catheters are used to inject contrast dye into the ureter or kidneys (especially for imaging procedure) in individuals who are suspected to have cancer, kidney stones, or blockage in the ureter. These catheters are also used as a protective measure or support when an individual is undergoing surgical procedure in the ureter or the immediate area.
The top vendors highlighted by Technavio’s research analysts in this report are:
- Boston Scientific
- Cook Medical
- C.R. Bard
- Coloplast
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About Technavio
Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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