Cover Corona Outbreak Impact: Urology Surgical Instrument Market is expected to

1. Urology Surgical Instrument Market to Reach $13.7 Billion by 2023 © P&S Intelligence. All rights reserved Page 1

2. The prevalence of urinary tract infections (UTI) is growing rapidly, primarily in women. UTIs are among the most frequent clinical bacterial infections in women and account for about 25% of all infections. Approximately 50–60% of women develop UTIs in their lifetime. The infection is caused by Escherichia coli in most patients. Usually, the urinary tract is sterile, however, bacteria may rise from the perianal region and can led to UTI. Pathogens in the bladder can cause irritative symptoms such as urinary urgency and frequency or can be silent. In cases where the bacteria enter the blood stream, they could cause severe complications, including chock, septicemia, and rarely death . Request to Get Sample Copy of Report:https://www.psmarketresearch.com/market-analysis/urology- surgical-instrument-market/report-sample Attributed to this, the demand for urology surgical instruments in hospitals and other medical facilities is increasing as well. As per a P&S Intelligence report, in 2017, the global urology surgical instrument market reached a value of $8.3 billion and is expected to generate a revenue of $13.7 billion by 2023, advancing at an 8.6% CAGR during the forecast period (2018–2023). Different product types which are included under urology surgical instruments are urology endoscopes, consumables and accessories, peripheral instrument, and endovision system. Explore Report with Detailed TOC at:https://www.psmarketresearch.com/market-analysis/urology- surgical-instrument-market The various applications of all these instruments include oncology, chronic kidney disease (CKD), urinary incontinence and pelvic organ prolapse (UI and POP), urinary stone, and benign prostatic hyperplasia. The different urology surgical instruments were utilized the most for CKD in the past, which is owing to the increased prevalence of CKD as compared to the other diseases. As per the Centers for Disease Control and Prevention, in 2017, about 15% of the U.S. adults were suffering from CKD. Apart from this, the requirement for urology surgical instruments is also expected to increase considerably for the UI and POP application in the coming years due to its growing prevalence. When geographic scenario is taken into consideration, the Asia-Pacific region is predicted to emerge as the fastest growing urology surgical instrument market in the years to come, which is particularly ascribed to the rising awareness regarding urological disorders, expanding healthcare industry, and leading medical tourism destinations in the region. Moreover, the demand for these instruments in the emerging economies, such as India, Indonesia, and Philippines, is growing due to the rise in their gross domestic product. © P&S Intelligence. All rights reserved Page 2

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