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Global Urology Endoscopes Market - Technological Advances to Boost Growth | TechnavioThe latest market research report by Technavio on the global urology endoscopes market predicts a CAGR of around 6% during the period 2018-2022. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180316005728/en/ 
Technavio has published a new market research report on the global urology endoscopes market from 2018-2022. (Graphic: Business Wire) The report segments the global urology endoscopes market by product (rigid urology endoscopes and flexible urology endoscopes), by end-user (hospitals and ASCs), and by geography (the Americas, EMEA, and APAC). It provides a detailed illustration of the major factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges. Here are some key findings of the global urology endoscopes market, according to Technavio healthcare and life sciences researchers:
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing Save more with Technavio. Buy 2 reports and get the third for FREE: View all Technavio's current offers Growing demand for MI techniques: a major market driver The growing demand for MI techniques is one of the major factors driving the global urology endoscopes market. Urology has been progressively driven by technological advances, both in surgical procedures and device development. Healthcare providers, governments, and patients are choosing MI techniques over traditional open surgical techniques that are more painful and require a long hospital stay. The increased demand for MI and robotic-assisted techniques is because of the increasing complications that are associated with conventional/traditional surgeries. For instance, conventional open surgeries can result in various post-operation complications such as pain, blood clots, fatigue, muscle atrophy, and infections. Anesthesia administered before surgeries can cause a sore throat, nausea, and sleepiness. Looking for more information on this market? Request a free sample report Technavio's sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more. Technological advances: emerging market trend The technological improvements and innovations in optical imaging and urology endoscope performance assist the urologists to diagnose, visualize, and treat the underlying cause of many urological disorders. The advances in technology and miniaturization have allowed therapeutic and diagnostic options resulting in increased safety and efficacy of these procedures. The advent of robotic systems in the recent years has facilitated complex urology endoscopic procedures. According to a senior analyst at Technavio for research on urology devices, "The vendors are incorporating new technologies into the urology endoscopes to provide better optics, enhanced capabilities, and increased durability leading to more success during the diagnosis and treatment of diseases. The incorporation of narrow band imaging technology with HR and wide-field view in cystoscopes improve the visualization of the mucosal and sub-mucosal vasculature of urinary tract region, particularly the bladder region." Global market opportunities In terms of regional dominance, the Americas dominated the global urology endoscopes market, accounting for a market share of approximately 44%. In the Americas, North America, particularly the US, was the key revenue contributor in 2017 due to the availability of favorable reimbursement options and increasing awareness about the availability of a broad range of flexible and rigid urology endoscopes. Apart from this, factors such as the increased incidence of urinary incontinence along with the growing older population and the increase in bladder diseases, infections of the urinary tract, and kidney diseases propel the market growth in the region.
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