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Global Urology Implants and Devices Market to Grow at a CAGR of 4.3% During the Period 2022-2027, Driven by Demand for Effective Treatment Alternatives for Urologic Conditions

According to a new report by EMR titled, ‘Global Urology Implants and Devices Market Report and Forecast 2022-2027’, the global urology implants and devices market is expected to grow at a CAGR of 4.3% during the period 2022-2027, driven by the need for effective treatment for urologic conditions.

The rising number of cases associated with urologic conditions such as kidney stones, bladder control problems, urinary tract infections, prostate problems, etc. are expected to drive the global market for urology implants and devices. North America and Europe are likely to be key markets.

Injectable implants are a treatment option in instances of urinary incontinence. The treatment involves injecting materials into the urethra to enable regulation of urine leaks caused by a weak urinary sphincter (urinary incontinence). The sphincter is a muscle that enables the body to hold urine in the bladder; improper operation of the sphincter muscle leads to urine leakage. The injected material is permanent. Coaptite and Macroplastique (brand names) are examples of two such implants. The procedure is suited to both men and women.

Penile prostheses are employed to treat erectile dysfunction in men. These are mechanical devices implanted and hidden completely within the body. A penile prosthesis surgery is performed to give the penile shaft stiffness so that normal penetrative sexual intercourse may take place. Generally, penile prosthesis surgery is contemplated only after conservative options have failed. Penile implants fall under two broad categories – malleable and inflatable.

The length and rigidity of a malleable penile prosthesis remain the same. A small incision at the base of the penis in the penis-scrotal junction is used to insert the device. Bending the malleable rods downward allows for concealment. Implantation is a simple procedure that takes one to one and a half hours to complete and can be done as an outpatient procedure.

In an inflatable penile prosthesis, stiffness achieved through the use of fluid. Through an incision at the penis-scrotum junction, this fluid is moved from a reservoir near the urinary bladder to two paired cylinders within the erectile bodies of the penis. A pump regulates fluid movement. When deflated, the prosthesis offers complete flaccidity and concealment.

Sale and distribution of surgical mesh implants (earlier used to treat urinary incontinence and pelvic organ prolapse) was prohibited by the U.S. Food and Drug Administration (FDA) in 2019. Female urinary incontinence refers to the involuntary loss of urine, especially upon physical stress. Known risk factors in women include multiple deliveries, obstetric trauma, and pelvic surgery.

Major companies are looking to improve product offerings, and increase capabilities and competitiveness. For example, Olympus seeks to build capacities and gain market share in the presence of strong competitors like Boston Scientific. In the Urology domain, the company is enhancing its position in lithotripsy and laser treatments, and aspires to increase market share by expanding its product portfolio. Olympus seeks to capitalize on the growing global population of the elderly increasingly facing chronic diseases that require solutions that the company is capable of providing through its competitive strengths. Olympus looks forward to continually providing solutions for colorectal cancer, benign prostatic hyperplasia, urological stone disease, urinary disease, and lung cancer. The company offers innovative solutions such as iTind - a temporarily implanted nitinol device that offers quick relief from BPH symptoms through a minimally invasive treatment; and SOLTIVE SuperPulsed Laser System - a new application of thulium fiber laser technology designed for stone lithotripsy and soft tissue applications. SOLTIVE crushes stones in significantly lesser time, creating a fine dust that is easily removed.

Similarly, Boston Scientific offers an extensive portfolio of solutions for treating Stone and BPH; it provides solutions to treat kidney stones, benign prostatic hyperplasia (BPH), oncology assistance, erectile dysfunction (ED), male incontinence and pelvic floor disorders. Products include LithoVue - single-use digital ureteroscope designed for use in stone management and other urological procedures; and Navigator HD Ureteral Access Sheath - provides ureteral dilation and working channel for the introduction of ureteroscopes and devices during ureteroscopic procedures.

Key Findings of the Report:

  • The market is expected to expand due to growing instances of Urologic. illnesses and diseases.
  • Innovative and sophisticated solutions by companies are expected to stimulate the market.
  • North America and Europe are expected to be major markets.

Market Analysis by Product Type, Disease, End-use, and Region:

  • By product type, the market is segmented into Endoscopes, Lithotripsy Devices, Urodynamic Systems, Urostomy Bags, Endo Vision Systems and Peripheral Instruments, Urology Implants, and Others.
  • By disease, the market is classified into Kidney Disorders, Urinary Tract Disorders, Pelvic Organ Prolapse, and Others.
  • By end-use, the market is divided into Hospitals, Pharmacies, Ambulatory Surgery Centers (ASC), and Others.
  • By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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