Urethral Stricture Treatment Market Current Trends And Lucrative Opportunities In Technology – 2027
Urethral Stricture Treatment Market Current Trends And Lucrative Opportunities In Technology – 2027
Published by Coherent Market Insights
Posted on September 27, 2021
Urethral Stricture Treatment Market report includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. Urethral Stricture Treatment Market offers complete, proficient report delivering market research data that is relevant for new market entrants or set up players. Key strategies of the companies operating in the market and their impact analysis have been included in the report.
Urethral strictures can be caused by diagnostic or therapeutic urological procedures. As a result of the increasing geriatric population, these demand for these procedures is also increasing. Therefore, prevalence of urethral strictures is expected to become more common over the forecast period. Urethral stricture is more prevalent in men than in females. According to data published by the National Centers for Biotechnology & Information (NCBI) in January 2016, the prevalence of urethral stricture is around 200 per 100,000 in males below 65 years in the U.S.
The global urethral stricture treatment market is estimated to be valued at US$ 1,326.0 million in 2019, and is expected to exhibit a CAGR of 6.0% during the forecast period (2019–2027).
Increasing incidence of prostate cancer, injuries, and medical conditions requiring urethral stents, dilators, and catheters is expected to drive growth of the market over the forecast period
According to data published by the National Centers for Biotechnology & Information (NCBI), urethral stricture is a common disease with prevalence of over 400 per 100,000 males across the globe in 2016. According to Cancer Research UK, prostate cancer is the most common cancer with around 47,200 new cases registered in 2015 among males in the U.K. Moreover, the incidence of prostate cancer is projected to increase by 12% between 2014 and 2035, to 233 cases per 100,000 males by 2035 in the U.K., as per Cancer Research UK. Therefore, the rising incidences of urethral stricture is expected to drive growth of the market.
In addition to increasing incidence of urethral stricture, the high success rate of the procedure is also expected to facilitate growth of the urethroplasty segment during the forecast period. For instance, according to the British Association of Urological Surgeons (BAUS) Limited, urethroplasty is the most preferred procedure for treatment of urethral strictures and has a success rate of over 85.0% compared to other procedures
Major Key Players are: Paragonix Technologies, Inc., Organ Transport Systems, Pulse Heart Transportation System, and others. Key players in the market are focused on launching new heart transport systems in order to enhance their market share. For instance, in December 2018, Paragonix Technologies received approval from the U.S. Food and Drug Administration (FDA) for its Paragonix Sherp, a cardiac transport system.
Intent of the Urethral Stricture Treatment Market Research Study:
Project remarkable Urethral Stricture Treatment market sections in regards to 5 key areas, mainly in the above all countries.
To re-estimate possibilities for stakeholders by recognizing high-extension elements of the market accordingly.
To determine and forecast the Urethral Stricture Treatment client involvement solutions market. It is based on the role, installation type, Urethral Stricture Treatment business dimensions, vertical and regions in 2018 to 2026. It also analyze different large-scale and small-scale economic variables which affect the market development.
Urethral Stricture Treatment extensive information about important elements such as drivers, restraints, opportunities, and challenges affecting the development of the market.
To scrutinize every Urethral Stricture Treatment sub-market connected to discrete development liabilities, expectations and growth.
To observe and inspect Urethral Stricture Treatment competitive achievement including combinations and assets, contracts and agreements, joint ventures, Urethral Stricture Treatment partnerships, and judicious positions from the client participation solutions market.
Current and future of global Urethral Stricture Treatment market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
Regions/countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Contact US:
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
Urethral Stricture Treatment Market report includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. Urethral Stricture Treatment Market offers complete, proficient report delivering market research data that is relevant for new market entrants or set up players. Key strategies of the companies operating in the market and their impact analysis have been included in the report.
Urethral strictures can be caused by diagnostic or therapeutic urological procedures. As a result of the increasing geriatric population, these demand for these procedures is also increasing. Therefore, prevalence of urethral strictures is expected to become more common over the forecast period. Urethral stricture is more prevalent in men than in females. According to data published by the National Centers for Biotechnology & Information (NCBI) in January 2016, the prevalence of urethral stricture is around 200 per 100,000 in males below 65 years in the U.S.
The global urethral stricture treatment market is estimated to be valued at US$ 1,326.0 million in 2019, and is expected to exhibit a CAGR of 6.0% during the forecast period (2019–2027).
Increasing incidence of prostate cancer, injuries, and medical conditions requiring urethral stents, dilators, and catheters is expected to drive growth of the market over the forecast period
According to data published by the National Centers for Biotechnology & Information (NCBI), urethral stricture is a common disease with prevalence of over 400 per 100,000 males across the globe in 2016. According to Cancer Research UK, prostate cancer is the most common cancer with around 47,200 new cases registered in 2015 among males in the U.K. Moreover, the incidence of prostate cancer is projected to increase by 12% between 2014 and 2035, to 233 cases per 100,000 males by 2035 in the U.K., as per Cancer Research UK. Therefore, the rising incidences of urethral stricture is expected to drive growth of the market.
In addition to increasing incidence of urethral stricture, the high success rate of the procedure is also expected to facilitate growth of the urethroplasty segment during the forecast period. For instance, according to the British Association of Urological Surgeons (BAUS) Limited, urethroplasty is the most preferred procedure for treatment of urethral strictures and has a success rate of over 85.0% compared to other procedures
Major Key Players are: Paragonix Technologies, Inc., Organ Transport Systems, Pulse Heart Transportation System, and others. Key players in the market are focused on launching new heart transport systems in order to enhance their market share. For instance, in December 2018, Paragonix Technologies received approval from the U.S. Food and Drug Administration (FDA) for its Paragonix Sherp, a cardiac transport system.
Intent of the Urethral Stricture Treatment Market Research Study:
Project remarkable Urethral Stricture Treatment market sections in regards to 5 key areas, mainly in the above all countries.
To re-estimate possibilities for stakeholders by recognizing high-extension elements of the market accordingly.
To determine and forecast the Urethral Stricture Treatment client involvement solutions market. It is based on the role, installation type, Urethral Stricture Treatment business dimensions, vertical and regions in 2018 to 2026. It also analyze different large-scale and small-scale economic variables which affect the market development.
Urethral Stricture Treatment extensive information about important elements such as drivers, restraints, opportunities, and challenges affecting the development of the market.
To scrutinize every Urethral Stricture Treatment sub-market connected to discrete development liabilities, expectations and growth.
To observe and inspect Urethral Stricture Treatment competitive achievement including combinations and assets, contracts and agreements, joint ventures, Urethral Stricture Treatment partnerships, and judicious positions from the client participation solutions market.
Current and future of global Urethral Stricture Treatment market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
Regions/countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Contact US:
Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Email: sales@coherentmarketinsights.com United States of America: +1-206-701-6702 United Kingdom: +44-020-8133-4027 Japan: +050-5539-1737 India: +91-848-285-0837