PUBLISHER: UnivDatos Market Insights Pvt Ltd | PRODUCT CODE: 1944385
PUBLISHER: UnivDatos Market Insights Pvt Ltd | PRODUCT CODE: 1944385
Urology electrodes are medical equipment that are specialized to administer electrical energy in a urological surgery to cut, coagulate, ablate, or resect tissue. These electrodes are usually applied during surgeries like transurethral resection of the prostate and removal of bladder tumors and endoscopic operations, as they permit a controlled handling of the tissue with a reduced amount of blood loss.
The Urology Electrodes market is set to show a growth rate of about 6.5% during the forecast period (2025-2033F). The urology electrodes market is expanding with the upsurge in the prevalence of urological disorders like benign prostatic hyperplasia, urinary incontinence, bladder cancer, and kidney stones, especially among the ageing population. The rise in the use of minimally invasive and endoscopic urological surgery is leading to a demand for enhanced electrosurgical devices with a high degree of accuracy, minimal bleeding, and quick healing. The technological progress in terms of bipolar and reusable electrode designs and the enhancement of healthcare infrastructure, as well as an increase in the number of procedures worldwide, is also contributing to the growth of the market. Also, increasing awareness and urological care in the developing economies is increasing demand.
Based on the product type category, the market is categorized into monopolar electrodes, bipolar electrodes, specialty electrodes, and others. Among these, bipolar electrodes occupied the largest market share in the urology electrodes market because they are safer and have better coagulation effects and lower tendencies of tissue destruction as compared to monopolar electrodes. Their performance in minimally invasive urological surgeries, in particular, TURP surgeries and bladder surgeries, justified their dominance. The specialty electrodes are, however, predicted to show the greatest growth due to the growing complexity of the procedure, the growing need to use precision-based and procedure-specific equipment, and the ever-evolving technology.
Based on the application category, the market is segmented into BPH procedures, bladder cancer, and other endourological procedures. Among these, BPH procedures had the highest market share in the urology electrodes market, which was mostly attributed to the fact that benign prostatic hyperplasia is common among the aging male population in the entire world, and transurethral procedures are being done in high numbers across the globe. The frequent use of electrosurgical electrodes during TURP and related BPH procedures favored this dominance. However, bladder cancer will experience a high growth rate due to the rise in incidence, availability of lower tumor resections using the minimally invasive endoscopic procedures, and the need to focus more on early diagnosis and surgical control of such tumors.
Based on the end-user category, the market is segmented into hospitals, ambulatory surgical centers, and others. Among these, hospitals occupy the largest market share of the urology electrodes market as they receive the highest number of patients, they have a sophisticated surgical infrastructure, and can undertake sophisticated urological procedures. There are also well-trained urologists and complete post-operative care facilities in the hospitals. However, it is believed that the rate of growth of the ambulatory surgical centers (ASCs) will accelerate due to the rising trend toward outpatient minimal invasive operations, reduced cost of treatment, reduced healthcare stay, and rising patient utilization of efficient surgical treatment in a single day.
For a better understanding of the demand of Urology Electrodes, the market is analyzed based on its worldwide adoption in countries such as North America (U.S., Canada, and the Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), and Rest of World. Among these, North America held the maximum market share in the urology electrodes market because urological diseases are prevalent here, there is a well-developed healthcare infrastructure, the urology procedures are less invasive, and the major medical device manufacturers are well established in this market. Good reimbursement policy and volume of procedures also encouraged regional dominance. However, the Asia-Pacific region is expected to witness the fastest growth, as the region is undergoing a rapid aging population, there is increased awareness of urological health, there have been improved healthcare infrastructures, advancements in surgical equipment, and increased investments in healthcare in emerging economies like China and India.
Some major players running in the market include Boston Scientific Corporation, Medtronic Plc, Ethicon (Johnson & Johnson), Olympus Corporation, CONMED Corporation, B. Braun Melsungen AG, Richard Wolf GmbH, Stryker Corporation, Cook Medical, and PSS Urology Inc.