Urodynamic Equipment & Consumables Market Analysis Report, 2025A Chapter by Markets InsightsThe global urodynamic equipment and consumables market size was estimated at USD 189.15 million in 2016 and is anticipated to grow at a CAGR of 6.32%The global Urodynamic Equipment And Consumables Market size is expected to reach USD 335.40 million by 2025, according to a new report by Grand View Research, Inc. This market is anticipated to grow at an unprecedented rate owing to growing geriatric population that exhibits greater vulnerability to urological dysfunctions. In addition, unprecedented upsurge in prevalence of bladder cancer poses high clinical urgency to adopt highly efficient diagnostics, which thereby broadens future growth prospects. In 2017, as per the American Cancer Society, bladder cancer accounted for 5.0% of all cancers in the U.S. The market is also driven by global increase in obesity. As per the Centers for Disease Control and Prevention, approximately 36.0% of adult population is obese. According to a research published in NCBI, obesity has increased the risk of developing various urological conditions, such as prostate cancer, nephrolithiasis, hypogonadism, and urinary tract infections. Furthermore, expanding network of testing centers for urological diseases is also broadening growth prospects. Prominent players are engaging in strategic collaboration and acquisitions to increase their geographical presence. For instance, in September 2016, Brighter Health Network LLC announced the acquisition of Urodynamic Testing Specialists to geographically expand in to Florida and the Northeastern region of the U.S. Request a sample copy or view summary of this report@ Further Key Findings From the Report Suggest:
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Added on September 21, 2020 Last Updated on September 21, 2020 Tags: Urodynamic Equipment & Consumabl AuthorMarkets InsightsFelton, CAAboutAbout Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer c.. more..Writing
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