Urology Devices Market size was valued at USD 42.81 billion in 2024 and is likely to cross USD 106.99 billion by 2037, expanding at more than 7.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of urology devices is assessed at USD 45.31 billion.
The growth of the market is primarily attributed to the rising prevalence of several kinds of urologic conditions across the globe, these diseases require quick medical attention owing to the discomfort and pain they cause. It is observed, more than 8 million people seek medical attention for urinary tract infections (UTIs) every year. In their lifetime, about 62% of women and 13% of men are estimated to experience at least one UTI in the United States.
Urology devices are medical devices that are used to diagnose various urologic disorders. They are technologically advanced to help treat several urologic conditions, including urinary tract infection (UTI), kidney disease, urethral cancer, urinary incontinence, urolithiasis, and others. Though the conditions such as UTIs and urinary incontinence seem not so hazardous disease, still these diseases have a huge influence on a large portion of the mass, especially elderly people, therefore, the rising prevalence of the geriatric population is fueling the growth of the urology devices market over the forecast period. According to the data released by the World Health Organization (WHO), the population of people aged between 60 and above is expected to increase to 1.4 billion by 2030 from 1 billion in 2020 globally. Further, the growing cases of diabetes and high blood pressure are also augmenting the demand for urology devices, as these diseases are the primary reasons for kidney failure. Also, with the rising preference for minimally invasive procedures, hospitals are opting for urological procedures such as endoscopy and laparoscopy which brings the need for urology devices in the medical settings.
Author Credits: Radhika Pawar
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