Urology Lasers Market:
Introduction
·
Laser therapy is considered in various minimally invasive
surgeries including urology conditions such as kidney stones, bladder tumor,
benign prostatic hyperplasia, urinary tract infections, and stricture. Laser
therapy includes emission of monochromatic light of the wavelength through
various materials such as semiconductors, gases, crystals, and others.
·
Technological advancements and adoption of minimally invasive
surgeries drive the use of laser therapy in urological interventions and
management of various urology conditions. Nd: YAG KTP: YAG, LBO: YAG (Lithium
borate), Holmium (HO): YAG, Thulium: YAG, and Co2 lasers are used in the
management of urology conditions.
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Key Drivers, Restraints,
and Opportunities of Urology Lasers Market
·
Rise in prevalence of urinary diseases, increase in the
geriatric population, technological advancements, and presence of key players
providing laser devices & therapies are the major factors projected to
propel the global urology laser market during the forecast
period. Lumenis Company's MOSES Technology is a groundbreaking technology,
which offers efficient lithotripsy and BPH treatment with holmium pulse for
urology conditions. Launch of innovative urology lasers is a major factor
projected to boost the growth of the global urology lasers market during the
forecast period.
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·
Prevalence of benign prostatic hyperplasia (BPH) increases with
age, i.e. 8% to 60% in people aged between 40 and 90. Around 30 million men
across the globe are affected by benign prostatic hyperplasia (BPH). These
factors are anticipated to fuel the growth of the global urology lasers market
during the forecast period. Rise in demand for lasers, especially laser
lithotripsy, for kidney stones, female urinary incontinence, and urinary tract
infections drive the demand for new lasers and CO2 laser therapy among
patients. These factors are expected to propel the global urology lasers market
in the next few years.
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North America to
Dominate Global Urology Lasers Market
·
North America dominated the global urology lasers market in
2020, followed by Europe and Asia Pacific. Increase in patient burden suffering
from urology conditions such as bladder stones, benign prostate hyperplasia,
and urinary stones; technological advancements, and awareness about urology
lasers are likely to augment the urology lasers market in the region during the
forecast period.
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·
According to research, prevalence of bladder stones is higher in
men, and is estimated to be 15.2% in the U.S. The prevalence in women is
estimated at 2.1% in the country. Increase in incidence of benign prostatic
hyperplasia (BPH) is high and affects around 14 million men in the U.S. This is
likely to drive the urology lasers market in North America during the forecast
period.
·
Launch of innovative technologically advanced lasers, increase
in incidence of urological diseases, such as kidney stones and urinary tract
infections, and surge in geriatric population are projected to propel the
urology lasers market in Europe in the near future.
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