The Business Research Company’s Urology Medical Lasers Global Market Report 2021 : COVID-19 Growth And Change
LONDON, GREATER LONDON , UK, September 2, 2021 /EINPresswire.com/ — According to the new market research report ‘Urology Medical Lasers Global Market Report 2021 – COVID-19 Growth And Change’ published by The Business Research Company, the global urology medical lasers market is expected to grow from $0.87 billion in 2020 to $0.92 billion in 2021 at a compound annual growth rate (CAGR) of 5.3%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1.15 billion in 2025 at a CAGR of 6%. Rising cases of urological disorders contribute to the demand for the urology medical lasers market.
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The urology medical lasers market consists of sales of urology medical lasers and related services by entities (organizations, sole traders, and partnerships) that manufacture urology medical lasers. Medical lasers are a non-invasive and efficient source of light used to tissue treatment that provides fast healing without discoloration or scarring. Urology medical lasers are used in the treatment of medical conditions related to the urinary system such as urinary stones, benign prostatic hyperplasia (BPH), bladder or prostate cancer, and traumatic injuries.
Trends In The Global Urology Medical Lasers Market
Major players operating in the market are continuously focusing on developing new products incorporating advanced technology to meet the requirement of medical professionals. For instance, in June 2020, Olympus Corporation, a Japanese manufacturer of innovative medical and surgical products, launched the Soltive Super Pulsed Thulium Fiber Laser System designed for stone lithotripsy and soft tissue applications in urology. The Super Pulsed thulium fiber laser dust stones into very fine particles and faster than other laser systems.
Global Urology Medical Lasers Market Segments:
By Laser Type: Holmium Laser System, Diode Laser System, Thulium Laser System, Others
By Application: Benign Prostatic Hyperplasia (BPH), Urolithiasis, Non-Muscle-Invasive Bladder Cancer (NMIBC), Others
By End User: Hospital, Clinic, Other
By Geography: The global urology medical lasers market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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Urology Medical Lasers Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides urology medical lasers market overviews, analyzes and forecasts market size and growth for the global urology medical lasers market, urology medical lasers market share, urology medical lasers market players, urology medical lasers market segments and geographies, urology medical lasers market’s leading competitors’ revenues, profiles and market shares. The urology medical lasers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Read Urology Medical Lasers Global Market Report 2021 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Urology Medical Lasers Market Organizations Covered: Olympus Corporation, Ethicon Inc., Stryker Corporation, Boston Scientific Corporation, Richard Wolf GmbH, Cook Medical Incorporated, Karl Storz SE & Co. KG, Lumenis Ltd., Becton Dickinson and Company, OmniGuide Holdings Inc., Allengers Medical Systems Limited, CR BARD (BD), Surgical Lasers Inc. , American Medical Systems, Convergent Laser Technologies, Cooltouch, Direx, EDAP TMS, EMS Electro Medical Systems, Gigaa Laser, Hyper Photonics, Jena Surgical, Limmer Laser, LINLINE Medical Systems, LISA laser products, Parto Afarinane Shafa, ProSurg, Quanta System.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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