Urethral Dilators Market - Regional Analysis
North American Market Insights
North America industry is predicted to dominate majority revenue share of 38% by 2035 impelled by the growing spending in healthcare. As a result, more efficient and advanced medical technologies including urethral dilators are expected to develop in the region. In addition, availability of more resources would also improve the medical access, which may result in a higher number of surgeries that may require urethral dilators. In 2021, health spending in the US increased by over 2%.
APAC Market Insights
The APAC urethral dilators market is estimated to be the second largest, during the forecast timeframe led by rapidly growing medical tourism. India's medical tourism industry is expanding, since there are many different travel choices available in the country such as its low-cost treatments and state-of-the-art medical facilities. This has significantly increased the demand for urethral dilators as people from different regions visit India and other Asia Pacific countries for urological treatments.
For instance, more than a million individuals from over 75 different countries travel to India each year for medical, wellness, and IVF procedures. As a result, the demand for urethral dilators may rise in the region as more people can access medical facilities for the treatment of urological conditions.
