Urodynamic Equipment Market Size (2024 - 2029)

Urodynamic Equipment Market Analysis

The urodynamic equipment market is expected to register a CAGR of 6.3% during the forecast period.

COVID-19 had a significant impact on the urodynamic equipment market. The lockdown measures and the restrictions imposed by the government reduced urological services, including outpatient clinic appointments, outpatient investigations and treatments, and urological surgery. For instance, from an article published in European Urology in August 2022, it has been observed that 28% of outpatient clinics, 30% of outpatient investigations, and 31% of urological surgeries were delayed for more than eight weeks in Saudi Arabia. In addition, as per the same source, urological services for benign conditions were more affected as compared to malignant conditions. Thus, delayed urological diagnostic and surgical procedures have impacted the demand for urodynamic equipment during the COVID-19 pandemic. However, relaxed government restrictions, resumed urological services and surgical procedures, as well as increased hospital visits, are expected to increase the demand for urodynamic equipment, which is anticipated to fuel market growth over the forecast period.

The factors such as the increasing burden of urologic diseases and disorders, the growing geriatric population, and technological advancements in urodynamic equipment are boosting the market growth. The increasing cases of urologic diseases such as bladder cancer, infection or inflammation of the urinary bladder, kidney stones, urinary incontinence problems, and others among the population is the key factor driving market growth. For instance, as per an article published in June 2022, urinary tract infections are the most common bacterial infections in women between the ages of 16 and 35 years globally. As per the same source, 10% of women experience an infection each year, and more than 40% to 60% experience an infection at least once in their lifetimes. This is expected to increase the need for urodynamic treatment and diagnosis of the condition or diseases, which is further anticipated to fuel market growth.

Additionally, as per an article published by the National Library of Medicine, in June 2022, an estimated 423 million people experience some form of urinary incontinence (UI) worldwide every year. Also, according to an article published in February 2021, nearly 1 in 2 women over the age of 50 experience problems with urinary incontinence, which is the uncontrolled leaking of pee and can range from a few drops of leakage to a full accident. Thus, the high prevalence of UI among the population is expected to raise the need for urinary catheters that helps in draining the bladder, hence propelling the market growth. Furthermore, the prevalence of urinary incontinence and other urological diseases is higher in elderly patients and has a negative impact on their quality of life. The changes associated with aging in the lower urinary system, such as decreased bladder capacity and feeling of fullness, decreased rate of detrusor muscle contraction, decreased pelvic floor muscle resistance, and increased residual urine volume, are some of the factors increasing the prevalence of urinary incontinence among people. For instance, elderly women have a greater risk for UTIs due to lower amounts of vaginal estrogen that change the vaginal climate, resulting in bacterial infections.

Moreover, the increasing company initiatives in developing technologically advanced equipment and products are also contributing to market growth. For instance, in March 2022, the Lok Nayak Hospital, Delhi, inaugurated a urodynamic video lab that provides real-time pictures of the urinary tract and bladder as well as immediate biofeedback. The lab has advanced equipment for studying urinary bladder dynamics, which helps in managing children with urological anomalies and diseases. Therefore, owing to the aforementioned factors, the studied market is expected to grow over the forecast period. However, the stringent regulatory policies for the validation of medical devices are likely to hinder the growth of the urodynamic equipment market over the forecast period.

Urodynamic Equipment Industry Segmentation

As per the scope of the report, urodynamic testing is any technique that tests how well urine is stored and released by the bladder, sphincters, and urethra. Most urodynamic assessments concentrate on the capacity of the bladder to consistently retain urine and clear it, and the devices used in monitoring all these things are the urodynamic equipment such as cystometer, uroflowmetry equipment, and others. The urodynamic equipment market is segmented by product type (urodynamic equipment (cystometer, uroflowmetry equipment, ambulatory urodynamic systems, electromyograph, and video urodynamic systems) and urodynamic consumables (urodynamic catheters and urodynamic pumps and transducer sets)), end user (hospitals, ambulatory centers, and other end users), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.