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The Nephrology And Urology Devices Market To Grow At A Higher Rate

Author: Srikanth Tbrc
by Srikanth Tbrc
Posted: Jan 24, 2019

The Business Research Company’s nephrology and urology devices global market report, covers the year-on-year growth of the global nephrology and urology devices market historic and forecast growth. It also includes chapters on the nephrology and urology devices market trends, geographical analysis, and competitive landscape.

Order the report at:

https://www.thebusinessresearchcompany.com/report/nephrology-and-urology-devices-global-market-report

The global nephrology and urology devices market size is expected to reach $23 Billion by 2022, significantly growing at a CAGR of around 4% during the forecast period.

Nephrology And Urology Devices Market Trends

The nephrology and urology devices (or) equipment market consists of sales of nephrology and urology devices and related services by entities (organizations, sole traders and partnerships) that produce nephrology and urology devices used in diagnosis and treatment of kidney and genitourinary diseases. This industry includes establishments that produce dialysis devices used during kidney failures and kidney dysfunctioning, urinary stone treatment devices used in treating kidney stones, urinary incontinence & pelvic organ prolapse devices, endoscopy devices and other devices.

Wearable artificial kidney is a new trend shaping the nephrology and urology device market and replaces stationary hemodialysis machines. Traditionally, patients undergoing a renal replacement surgery had to be subjected to large blood cleansing machines, disabling free movement and freedom of living. In 2015, the FDA approved the clinical testing of wearable artificial kidney and in 2017, a prototype was tested in the University of Washington. The nephrology and urology devices market has been discussing the feasibility and development of artificial kidneys since more than a decade, and the future seems to be very promising as the test was successful with positive results.

The global nephrology and urology devices market is primarily driven by increase in awareness of healthcare, increased government spending and ageing population.

Download a sample of the report:

https://www.thebusinessresearchcompany.com/sample.aspx?id=1975&type=smp

The global nephrology and urology devices market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.

With increase in economic growth, increased government spending and rising awareness on healthcare in rural areas, the global nephrology and urology devices market is expected to increase in potential and scope. TBRC’s report also covers the nephrology and urology devices drivers and restraints in the market.

The global nephrology and urology devices market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.

The top companies included in the global nephrology and urology devices market report are Baxter International Inc, Fresenius Medical Care AG & Co KGaA, Cook Group Incorporated, B. Braun Group, C. R. Bard Inc.

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Author: Srikanth Tbrc

Srikanth Tbrc

Member since: Nov 04, 2018
Published articles: 76

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