Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Urology Laser Market size was over USD 1.18 billion in 2024 and is anticipated to cross USD 2.55 billion by 2037, growing at more than 6.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of urology laser is estimated at USD 1.24 billion.
Increasing prevalence of urology-related disorders, along with rising preference for minimal invasive surgeries are expected to fuel the progress of this market. The growth of the market can also be attributed to factors such as advancements in technology. According to the data collected from the National Center for Health Statistics of U.S. Federal Statistical System, urinary tract infections are the second-most common type of infections, accounting for about 8.1 million visits to healthcare providers each year.
Urology Laser Sector: Growth Drivers and Challenges
Growth Drivers
- Increasing prevalence of urology-related disorders
- Rising preference for minimal invasive surgeries
Challenges
- Strict regulatory procedures in developed countries
Urology Laser Segmentation
The market is segmented based on laser type into holmium (HO: YAG), thulium (THU: YAG), neodymium (ND: YAG), KTP (potassium titanyl phosphate), diode laser, green light laser, Erbium: YAG laser, lithium triborate, and others, out of which, the thulium (THU: YAG) segment is anticipated to grab the largest share by the end of 2029 on account of higher safety and efficiency in terms of tissue resection speed and preventing blood loss. However, neodymium (ND: YAG) is the most widely used laser in urology applications.
On the basis of application, the benign prostate hyperplasia (BPH) segment in the rket is projected to grow with a significant CAGR over the forecast period. The growth of the segment can be attributed to the continuous increase in elderly population in the world which is more susceptible to suffer from benign prostate hyperplasia (BPH). Moreover, therapeutic results obtained after treatment of benign prostate hyperplasia (BPH) patients with urology laser are better than those obtained through open or endoscopic operations.
Our in-depth analysis of the global market includes the following segments:
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By Laser Type |
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By Application |
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Customize this ReportUrology Laser Industry - Regional Synopsis
Asia Pacific industry is predicted to hold largest revenue share by 2037, owing to increase in number of patients with urology related disorders in the region., owing to increase in number of patients with urology related disorders in the region. Furthermore, the market in North America is evaluated to occupy the largest share during the forecast period, owing to greater use of minimally invasive procedures and growing demand for patient safety. Alternatively, the market in Europe is also anticipated to occupy a significant share in the market on account of high prevalence of kidney stones among children and adolescents in the region. According to National Centre for Biotechnology Information, over 4 million patients acquire healthcare-associated infections in the European Union every year.
Companies Dominating the Urology Laser Landscape
- Boston Scientific Corporation
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Olympus Corporation
- JenaSurgical GmbH
- Ethicon Inc.
- Stryker Corporation
- Richard Wolf GmbH
- Lumenis Ltd.
- Quanta System SpA
- Karl Storz GmbH
In the News
Author Credits: Radhika Pawar
- Report ID: 2916
- Published Date: Dec 23, 2024
- Report Format: PDF, PPT
