Urodynamics investigation is an interactive diagnostic assessment of the lower urinary tract to provide pathophysiological explanations for the symptoms or dysfunction of the upper and lower urinary tracts. Urodynamics tests range from simple medical observation to precise medical measurements using advanced urodynamics equipment and vary depending on the health conditions of respective patients. Additionally, urodynamics study helps a healthcare provider to diagnose the cause and identify the nature of lower urinary tract disorder. A survey conducted among non-pregnant women in the U.S. revealed that the risk and corresponding prevalence of urinary incontinence grows with age. Urinary incontinence prevalent in 3.5% women aged between 20 years and 29 years, 15% women aged between 40 and 49, 25% women aged between 60 and 69, and 38% women aged 80 years and above. Moreover, according to the U.S. National Institutes of Health, currently, around 20 million women and 6 million men are suffering from urinary incontinence in the U.S. Thus, such large patient pool suffering from urological dysfunction would require an effective diagnostic solution for receiving an efficient treatment regimen; that would alternatively drive the market of urodynamics equipment and disposables market in the near future.
Within the equipment segment that includes uroflowmetry equipment, cystometer, ambulatory urodynamics systems, electromyographs and video urodynamics systems; uroflowmetry equipment appeared as the market leader in terms of revenue in 2013. The contributing factors behind such healthy growth of the uroflowmetry equipment market are accurate test outcomes, easy availability and higher patient preference. However, the ambulatory urodynamics systems market is expected to exhibit rapid growth in demand due to their lightweight design, advance microprocessor technology that helps these devices in delivering accurate results and easy affordability. The trend is likely to continue due to the increasing urological disease prone geriatric population across the world.
Within the disposables segment, air-charged catheters accounted for the largest market share of over 35% of the total urodynamics disposables market. Moreover, due to the advantages of air-charged catheters such as absence of air-bubble obstruction, presence of highly sensitive microtip transducers and ease of handling, air-charged catheters are expected to lead the overall urodynamics disposables segment.
North America was the largest market for urodynamics equipment and disposables in terms of revenue in 2013, followed by Europe. North America dominated the market mainly due to the presence of large number of urodynamics testing centers, high preference for advanced products among physicians, coupled with growing incidence of urological dysfunctions in the general population. Moreover, continuous product development strategies and tailor-made equipment procurement policies have driven the practice of urodynamics studies in the U.S., thereby making North America the market leader for urodynamics equipment and disposables. On the other hand, in terms of growth rate, Asia Pacific is expected to witness the highest growth due to multiple business environment factors such as rapid economic development in China, Singapore, India and others, growing geriatric population coupled with alarmingly rising incidence of urological dysfunctions; that would contribute to the growth of urodynamics equipment and disposables market in the region.
The global urodynamics equipment and disposables market is highly fragmented and competitive at nature due to the presence of various local as well as global players. CooperSurgical, Inc., LABORIE, Medical Measurement Systems B.V. exhibit the largest geographical reach with a broad range of equipment and catering to a large base of consumers. Their presence in emerging and developed regions along with vivid offerings has made them attractive providers of urodynamics equipment and disposables in the global market. Other companies include Albyn Medical S.L., American Medical Systems, Inc., Covidien plc, C. R. Bard, Inc., HealthTronics, Inc. and Verathon, Inc.
Urodynamics studies consist of a series of examinations that are useful for obtaining functional information regarding bladder filling, emptying and urine storage. Urodynamics tests are generally performed in individuals suffering from various urological conditions such as urinary incontinence, stress incontinence and lower urinary tract symptoms. This study provides the market analysis for various equipment and disposables used for urodynamics investigations. The stakeholders of this study include original equipment manufacturers and companies involved in distribution of urodynamics equipment and disposables as well as new entrants who wish to make a debut in the market.
This study provides an in-depth analysis of the global urodynamics equipment and disposables market and helps in understanding the various market governing factors. The market overview segment provides analysis of the market trends and dynamics such as drivers, restraints, and opportunities which currently govern the current condition of the market. The segment also predicts and provides the future scenario of the market. Porter’s five forces analysis is included in this report to provide methodical analysis about the competitive status of the current urodynamics equipment and disposables market, and market attractiveness analysis describes the market outlook in diverse regions across the world. The executive summary of this report provides detailed insights about the study and the market in a summarized form. Additionally, it contains a market snapshot, which provides a glance into the current scenario of the global urodynamics equipment and disposables market. Market dynamics tools such as value chain analysis and market share analysis have also been explained in the market overview section of the report, in order to deliver a thorough analysis of the overall industry scenario in the global urodynamics equipment and disposables market.
The global urodynamics equipment and disposables market is segmented based on capital equipment, disposables and geography. By equipment, the market is further segmented into the major equipment employed for conducting urodynamics studies such as uroflowmetry equipment, cystometers, electromyographs, video urodynamic systems and ambulatory urodynamic systems. By disposables, the report includes major consumables which are the inevitable part of the overall urodynamics tests. Disposables such as air-charged catheters, water-filled catheters, transducer sets and infusion, extension & perfusion pump tubing sets have been considered and analyzed in this segment. The market size estimations for the period from 2012 to 2020 have been provided for each of the major equipment and disposables mentioned above in terms of USD million. The CAGR (%) of each market segment for the forecast period from 2014 to 2020 have also been provided along with market size estimations, considering 2013 as the base year and 2012 as the historical year.
In terms of regional distribution, the global urodynamics equipment and disposables market has been segmented into four major geographies: North America, Europe, Asia Pacific and Rest of World (RoW). Market revenue (USD million) for each of these regional markets has been provided in the study for the period of 2012 to 2020 in terms of USD million, with respective CAGR for the forecast period 2014 to 2020. This report further provides recommendations for market players of the global urodynamics equipment and disposables market, which include aspects that may play a crucial role in improving the market share of the players in the near future. The study also advices measures that need to be considered to achieve success for urodynamics equipment and disposables manufacturers and distributors globally.
The study concludes with company profiles of leading players, which include key information about the major companies dynamically participating in the urodynamics equipment and disposables market. The report profiles the market players in terms of company overview, product portfolio, financial overview, business strategies and recent developments. The companies profiled in this report are Albyn Medical S.L., American Medical Systems, Inc., CooperSurgical, Inc., Covidien plc, C. R. Bard, Inc., HealthTronics, Inc., LABORIE, Medical Measurement Systems B.V. and Verathon, Inc. The detailed market share analysis of the companies operating in the urodynamics equipment and disposables market would help new competitors to understand the key business strategies and to identify the product portfolio of the established companies for strengthening their position in the market.
The global urodynamics equipment and disposables market is segmented as follows:
- Global Urodynamics Equipment and Disposables Market, by Type of Products
- Uroflowmetry Equipment
- Ambulatory Urodynamics Systems
- Video Urodynamics Systems
- Urodynamics Disposables
- Air-charged Catheters
- Water-filled Catheters
- Infusion, Extension & Perfusion Pump Tubing Sets
- Transducer Sets
- Global Urodynamics Equipment and Disposables Market, by Geography
- North America
- Asia Pacific
- Rest of the World (RoW)