According to a new report, published by KBV research, The Global Urology Laser Market size is expected to reach $1.8 billion by 2030, rising at a market growth of 6.3% CAGR during the forecast period.
Growing awareness and education about the benefits of urology lasers are crucial in driving market growth. An increasing number of patients are cognizant of the benefits associated with urology lasers, such as reduced risk of complications, accelerated recovery times, and diminished pain in comparison to conventional surgical methods. This increased awareness is leading more patients to seek out urology laser procedures for the treatment of urological conditions such as kidney stones, benign prostatic hyperplasia (BPH), and bladder tumors.
Healthcare providers are also becoming more educated about the benefits of urology lasers through educational initiatives by manufacturers and healthcare organizations. The objective of these endeavors is to educate medical practitioners on the most recent urology laser techniques and technologies so that they may deliver more effective and efficient patient care. As a result, healthcare providers are increasingly incorporating urology lasers into their practices, further driving market growth.
Manufacturers of urology lasers are also contributing to growing awareness through marketing and educational campaigns. By highlighting the benefits of their laser systems and providing educational resources to healthcare providers, manufacturers are helping to increase the adoption of urology lasers in clinical practice. The rising acceptance of urology lasers by many healthcare providers and patients, who acknowledge their ability to enhance the results of urological treatments, propels market expansion.
The Holmium Laser System segment is registering maximum revenue in the Global Urology Laser Market by Laser Type in 2023; thereby, achieving a market value of $586.5 million by 2031. Holmium lasers are highly effective in the treatment of kidney stones. They can be used for laser lithotripsy, where the laser breaks down stones into smaller fragments, making them easier to pass or remove. The rising prevalence of kidney stones globally drives the demand for holmium laser systems. Holmium lasers are known for their precision and efficacy in targeting and treating specific tissues. This makes them ideal for urological procedures where precision is crucial, such as treating kidney stones and BPH.
The Urolithiasis segment is experiencing a CAGR of 6.4% during (2024 - 2031). The use of urology lasers for treating urolithiasis, or kidney stones, has been increasing. Urology lasers, such as Holmium lasers, are highly effective in breaking kidney stones into smaller fragments, making them easier to pass or remove. Laser lithotripsy using urology lasers has high success rates in treating kidney stones, leading to increased use. Numerous urology laser procedures designed to treat kidney stones can be executed as outpatient procedures, enabling patients to return home immediately and resume their regular activities in a more timely manner.
Full Report: https://www.kbvresearch.com/urology-laser-market/
The North America region dominated the Global Urology Laser Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $567.6 million by 2031. The Europe region is anticipated to grow at a CAGR of 5.9% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 7% during (2024 - 2031).
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