Market Trends of India Urology Industry
The Stone Management Segment is Expected to Hold a Major Market Share in the India Urology Market.
Stone management devices hold the major segment in the India Urology market. The large number of people affected by kidney stones in the nation is adding to the growth of the stone management devices segment in the urology market.
According to the research study published in February 2022, titled 'Evaluation of Ureterorenoscopy with Semirigid Ureteroscope and Laser Lithotripsy as a Treatment Modality for Upper Ureteric Stones less than 20 mm', the researchers strongly advised the using ureterorenoscopy (URS) with semirigid ureteroscope and laser lithotripsy in the treatment of stones as URS had a higher stone-free rate when treating stones of size ranging from 10.1 to 20 mm. Hence, these kinds of research studies advocating the use of ureteroscopes in the stone treatment are expected to boost the growth in the studied segment.
The new ongoing studies and technological advancements in stents and stents monitoring are expected to have a positive impact on the growth of the segment as the main problem is associated when removing of stents is forgotten and if timely removal of stents can be improved, the efficiency and safety of stents may increase, that will boost growth in the studied segment.
For instance, according to the research study published in August 2021, titled 'A Prospective Observational Study on the Utility of Smartphone-based Ureteral Stent Tracker (UST) Application in Preventing Cases of Forgotten Ureteral Double-J Stents', the patients followed up with the stent tracker application had significantly less overdue days compared to those who were not and thus, smartphone-based ureteral stent tracker (UST) application can be used to reduce the incidence of retained ureteral stents. The study was conducted by a team of researchers from West Bengal, India.
Various market players have been investing in highlighting urological devices over the years. In June 2022, the Robotic Urology Forum, a national organization of surgeons practicing the art of robotic urological surgeries, joined hands with Intuitive Surgical to conduct a three-day conference on providing healthcare professionals with the clinical application of the latest techniques in the treatment of urological disorders.
Thus, such activities are influencing the growth of the urology market in India in the forecast period.