Urethral Dilators Market

Market Study on Urethral Dilators Market: Rising Cases of Urinary Infections has increased the Tests involving Urethral Dilation and Associated Equipment

Urethral Dialator Market Segmented by Disposable and Reusable Usages, Application (Urethral Stricture, Meatal Stenosis, Kidney Stone Removal)

Industry: Healthcare

Published Date: November-2022

Format: PPT*, PDF, EXCEL

Delivery Timelines: Contact Sales

Number of Pages: 333

Report ID: PMRREP33185

Report Price

$ 4900*

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Urethral Dilators Market Outlook (2022-2032)

The total valuation of global urethral dilators is estimated to be around US$ 230 Million in the current year 2022, and it is anticipated to increase at a rate of 5.5% from 2022 to 2032. By the end of this forecasted period in 2032, the overall valuation of the market share is predicted to reach almost US$ 393 Million.

Due to the high prevalence of chronic kidney disease, and an increase in the incidence of urinary tract infections and kidney stones, there is an increased need for urethral dilators across the countries. In the United States, these illness prompts up to 1.5 million clinic visits each year.

Also, urethral dilators are used to widen the urinary system in persons who have common problems such as fibrosis, inflammation, trauma, and birth abnormalities. Additionally, it is anticipated that the market might well rise in the upcoming years due to surgical-related complications, the danger of their recurrence, and the simplicity of doing dilation at home.

Attributes

Details

Urethral Dilators Market CAGR (2022-2032)

5.5%

Urethral Dilators Market Size (2022)

US$ 230 Million

Urethral Dilators Market (2032)

US$ 393 Million

What are the Factors that have boosted the Global Urethral Dilators Market?

Prostate cancer, urethral stricture, and bladder blockage in the elderly are crucial worldwide health issues; hence, over the course of the last few years, the demand for urethral dilators has expanded considerably.

The advantages of utilizing dilators throughout the procedure include ease of use, non-invasiveness, cost-effectiveness, and excellent success in the removal of stones. Furthermore, because of the quick turnaround time, these operations may be performed in outpatient settings. In turn, it is predicted that during the projection period, this can boost the commercial expansion of the male urethral dilator instrument worldwide.

The popularity of minimally invasive procedures has grown during the past ten years. The Mount Sinai Hospital 2021 reported an increase in the utilization of innovative diagnostic methods and less invasive treatments for prostate, kidney, bladder, and other urologic diseases could be a major turning point for the studied market trends.

What are the Future Opportunities for the Urethral Dilators Market Players?

To maintain the urethral tube open and avoid the reappearance of urethral stricture or any other urethral blockages, a variety of urethral or meatal dilation have been introduced in the last few years. As a result, there are now different types of urethral dilators that can be used in home care settings due to technological improvements and their affordability for usage at home.

Additionally, because of its affordability, patients in both developed and emerging nations may afford it and surge the demand for urethral dilators in third-world countries as well.

As Urethral Bougie home care is also a preferable choice, particularly for the aging population, due to increased hospital expenditures and the rising proportion of the aged population around the world. By 2050, there will be 2 billion people in the world who are 60 years of age or older, accordance to WHO research from 2018, and it is expected to boost the market opportunities for the sales of urethral dilators in the coming days.

Category-wise Insights

By Usage Type, which segment dominates the Urethral Dilators Market?

Based on usage type, disposables are figured out to hold the greatest revenue share of over 60% during the previous years and are anticipated to grow at the quickest CAGR over the course of the projection period as well. The one-time usage of disposable urethral dilators makes them a more affordable option than reusable ones. They are chosen over reused ones because they are safer and of higher quality and can also aid in lowering the possibility of contamination and illness transfer from one individual to some other.

Additionally, it is crucial to clean and disinfect reusable dilators in accordance with FDA standards to prevent the spread of any illness from one patient to another. Healthcare practitioners favor disposable urethral dilators because they have a lower risk of infection transfer than reusable ones.

Who are the Major End Users for the Market Players of Urethral Dilators?

As per the analysis, with an overall revenue contribution of more than 40%, the hospital's end-user segment leads the global market in demand for urethral dilators. The increased preference of patients with various urological disorders, which also has prompted a rise in surgical procedures, is mostly to blame for this segment's dominant position over these years.

Due to the ease of handling any crises that may arise during surgical operations and the availability of a wide variety of treatment options, hospitals and medicals see a far greater influx of patients for urological surgeries or urethral sound treatments than any other healthcare setting. As evident from the market statistic report, it can be anticipated that hospitals would maintain their superior growth rate throughout the predicted period.

Based on end users, a faster growth rate of nearly 6.5% is anticipated for the home care arrangements segment during the forecasted years. Nowadays, Hegar sound sets are becoming more and more common in homes thanks to their patient-friendliness, affordability, and safety.

Which Segment is Likely to Lead the Urethral Dilators Market by Application?

Due to increased UTI incidence, advancements in the development of medicines to treat renal tubular strictures, public-private collaborations to promote awareness, and growing major company penetration in emerging markets, the urethral stricture category held the greatest revenue share of more than 50% in the previous consecutive years. Very common medical conditions like urine flow-blocking, urinary tract infections, wall inflammation & damage, hydronephrosis, and bladder stone development are all associated risk factors that are anticipated to accelerate this segment's growth in the coming days.

However, during the projection period, the kidney stone removal application segment is anticipated to expand at the quickest pace of nearly 6.4%, as per the market experts. High-risk factors for kidney stones, such as diabetes, obesity, and renal dysfunction, as well as the growing usage of minimally invasive procedures, are key drivers of the segment's rapid expansion in the last few years.

Comparative View of Adjacent Urethral Dilators Market

Attributes

Urethral Dilators Market

CAGR (2022 to 2032)

5.5%

Market Value (2022)

US$ 230 Million

Growth Factor

Rising cases of UI and other urinary defects round the world has boosted the urethral checkup services.

Future Opportunities

Rising proportion of geriatric population in developed economies to further boost the demand for the product.

Market Trends

Collaboration with medical device wholesalers is the major strategy adopted by most players.

Comparative View of Adjacent Medical Nonwoven Disposables Market

Attributes

Medical Nonwoven Disposables Market

CAGR (2022 to 2032)

7.5%

Market Value (2022)

US$ 18.5 Billion

Growth Factor

Growing concern over Hospital acquired infections (HAI), after the outbreak of pandemic is driving the market.

Future Opportunities

Rapidly improving healthcare infrastructure in the rural areas and emerging economies to boost the market further.

Market Trends

Acquiring long-term orders from the public as well as private players is the major strategy for manufacturers.

Comparative View of Adjacent Contrast Media Injectors Market

Attributes

Contrast Media Injectors Market

CAGR (2022 to 2032)

8.5%

Market Value (2022)

US$ 22.3 Billion

Growth Factor

Growing discovery of chronic disorder cases among the people of all nations has surged the need for such devices.

Future Opportunities

Technological advancements with rising global trend for minimally invasive procedures.

Market Trends

Currently, United States is the major manufacturer and exporter of such injectors in global market.

Country-wise Insights

How the United States is the Driving Factor for Urethral Dilators Market Growth?

As per the previous reports, the North American regional market had the highest revenue share of almost 30% in the preceding years. With a revenue share of more than 85%, the United States contributes the lion's share in the North American market. It can be ascribed to the incidence of specific disorders such as UI, bladder blockage, urine retention, benign prostatic hyperplasia (BPH), and bladder cancer is on the rise in the United States, and the number of older persons with bladder issues is also on the rise.

Additionally, the market is anticipated to be driven by consumers' high spending power, growing use of cutting-edge technology, and novel medical gadgets. Programs, like the American Affordable Care Act (ACA), are aimed at bringing down the price of medical equipment that could play a decisive role in the growth of the market trends.

How is the UK shaping the Europe Urethral Dilators Market?

In the European region, the UK is anticipated to be the top-performing country in sales of urethral dilators in the coming days. Factors that are anticipated to support the market expansion in the nation include the high concentration of urologists there and the growing desire for less invasive procedures. Moreover, the medical tourism sector of the country has strengthened over the last few years, which could be very instrumental in propelling the demand for urethral dilators in UK and Europe.

Another important growing element is the existence of governmental and private financing programs, particularly in Western European countries, to raise awareness of sophisticated and advanced devices, including the hollow urethral sound instrument. Moreover, it is predicted that the sales of urethral dilator instruments in European countries would grow during the projection period due to the existence of several major manufacturers that provide both disposable and reusable products.

Why has Japan emerged to Prominence in the Global Market for Urethral Dilators?

As per the urethral dilator market survey report, Asia Pacific countries together are predicted to have the highest growth rate of 6.3% over the projection period. This seems to be due to the existence of a sizable population with kidney and other urological disorders in most countries. For instance, the Japan Times Ltd. reports that 36.4 million individuals in Japan aged 65 and over required hospitalization in September of the year 2021, which was a record high. Moreover, advancements in healthcare facilities and accessibility to insurance coverage have further boosted the Japanese market performance for urethral dilators in the last few years.

How South Korea contributes to a Lucrative Urethral Dilators Market Share?

As Asia Pacific is projected to be the fastest-growing market in sales of urethral dilators, it is expected to favor the South Korean market as well during the projection period. There is projected to be considerable potential for regional expansion due to the presence of a sizable patient base and the rising need for technologically sophisticated and affordable healthcare solutions in other South Asia and Pacific countries. Therefore, during the anticipated time, these elements should help the urethral dilators industry in this country to flourish by providing favorable opportunities for both domestic use and export.

What is the Competition Status in the Global Urethral Dilators Market?

Some of the eminent players in the world include B. Braun Melsungen AG, BD, Cook Medical, MED pro-Medical BV, Teleflex Inc., EUROMED, Boston Scientific Corporation, Smiths Medical (ICU Medical), Urovision-Urotech, and Coloplast among others.

To increase their share of the market, urethral dilator companies are continually releasing new items and expanding geographically. In order to sell and deliver their goods internationally or in certain nations, several urethral dilator manufacturers have collaborated with important medical device wholesalers having an international presence through extensive distribution channels.

Strategic partnerships are, therefore, fairly prevalent among the urethral dilator's prominent market players. These partnerships not only assist the urethral dilator producers in obtaining the rights to market their goods but also lessen their responsibility in the event of any product failure and recall.

Report Scope

Attributes

Details

Forecast Period

2022 to 2032

Historical Data Available For

2015 to 2021

Market Analysis

US$ Million for Value

Key Countries Covered

  • U.S.
  • Canada
  • Mexico
  • Brazil
  • Germany
  • Italy
  • France
  • U.K.
  • BENELUX
  • Nordics
  • China
  • Japan
  • South Korea
  • GCC Countries
  • South Africa
  • Turkey

By Market Segments

  • Usage
  • Application
  • End User
  • Region

Key Companies Profiled

  • B. Braun Melsungen AG
  • BD
  • Cook Medical
  • MED pro Medical BV
  • Teleflex Inc.
  • UROMED
  • Boston Scientific Corporation
  • Smiths Medical (ICU Medical)
  • Urovision-Urotech
  • Coloplast

Pricing

Available Upon Request

Key Segments Covered in the Urethral Dilators Industry Report

Urethral Dilators Market by Usage

  • Disposable
  • Reusable

Urethral Dilators Market by Application

  • Urethral Stricture
  • Meatal Stenosis
  • Kidney Stone Removal
  • Others

Urethral Dilators by End User

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centre
  • Home Care Settings
  • Others

Urethral Dilators Market by Region

  • North America Market
  • Europe Market
  • East Asia Market
  • South Asia and Pacific Market
  • Middle East & Africa Market
  • South America Market

To know more about delivery timeline for this report Contact Sales

Companies Covered in This Report

  • B. Braun Melsungen AG
  • BD
  • Cook Medical
  • Med Pro Medical B.V.
  • Teleflex Inc.
  • Boston Scientific Corporation
  • ICU Medical
  • Urovision-Urotech
  • Coloplast
  • ACE Medical Devices Pvt. Ltd.

Frequently Asked Questions

The global market for urethral dilators net worth is about US$ 230 Million in 2022.

The global market likely grow at a rate of 5.5% through 2032.

The global market for urethral dilators is expected to garner US$ 393 Million by 2032.

United States is expected to continue as the dominating contributor for the market.

The disposal usage type segment contributes more than 60% of the market revenue.

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