Urology Imaging Systems Market

Global Urology Imaging Systems Market: Overview

Urology Imaging Systems are instruments and devices used to image and diagnose problems in the urinary system, namely the kidneys, ureters and urinary bladder. These systems can be externally placed, like an ultrasound machine or introduced via body cavities into the urinary tract itself, like a laparoscopic urological camera. Both systems of imaging have their pros and cons, with the intracavitary imaging system also serving as a part for any surgical intervention thereafter.

Urological diseases have become more common in current times. Infections in this tract and stone formation are two main illnesses that trouble people. Infections are on the rise due to rising sexual freedom among people with as yet little concern to urological hygiene. Simple habits like drinking an adequate amount of water periodically are not followed and lead to such infections. Stone formation has increased due to the increased consumption of alcohol and red meat among people. Urological imaging systems help diagnose and treat these conditions and hence are set to help the market grow steadily from 2020 to 2030 – the forecast period of the upcoming report prepared by Transparency Market Research.

Global Urology Imaging Systems Market: Competitive Landscape

Numerous companies are engaged in production of urological imaging systems. This makes the market competitive. Some of the distinguished players in the fragmented market landscape are:

• GE Healthcare, 
• Philips Healthcare, 
• Toshiba Medical, 
• Hitachi-Aloka Medical, 
• Siemens Healthineers, 
• Mindray, 
• Samsung Medison, 
• Fujifilm Sonosite, 
• Esaote, 
• Ampronix
• Analogic
• Echo-Son
• ECM Echo-Control Medical SAS
• Schenzen MindRay BioMedical Electronics Co. Ltd
• BK Medical Holding Co
• Verathon Inc
• LABORIE

These manufacturers are committed to providing high quality imaging solutions to the healthcare industry. Acquiring smaller production facilities for subparts and increasing funding for innovations in this market are strategies they are expected to adopt to meet increasing demands.

Global Urology Imaging Systems Market: Key Trends and Drivers

• Stones form in the urological system with relative ease, and are further increased in people who consume alcohol and meat. As a global average, per capita meat consumption has increased approximately 20 kilograms since 1961; the average person consumed around 43 kilograms of meat in 2014.  With regards to alcohol consumption, the total volume of alcohol consumed per year increased by as much as 70% between 1990 and 2017, from 20,999 million liters per year to 35,676 million liters per year. This trend is not estimated to dip down in the future. Imaging is of massive usage in these diseases. Thus, the market for urology imaging systems should witness sustained growth in the coming years. 
• Healthcare spending has increased globally on the background of popular demand for better healthcare facilities from regional governments, as seen by a 4.8% uptick in this industry in 2018 over 2017. Urological imaging now forms an important part of diagnostic imaging modalities. The market for these systems should thus increase steadily in the future. 

Global Urology Imaging Systems Market: Regional Analysis

North America and Europe are currently global leaders in the urology imaging systems market. A robust healthcare infrastructure supports growth of this specialized diagnostic modality. Awareness among people about the latest innovations in healthcare makes this possible. Western culture supports increased consumption of alcohol and meat, which should increase the requirement for urology imaging systems.

The Asia Pacific region (APAC) is expected to register the fastest growth in this market in the coming years. This is attributed to the development of healthcare services by the support of regional governments. People are asking for better facilities and this should bring impetus for the development of urology imaging.

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