Urology Billing Surgical Supply: Growth and Market Share
According to the new released data companies supplying surgical products for urology have stated that the demand is expected to grow by
10 percent CAGR
The use of traditional surgeries causes an increase in fatigue, infections, muscle atrophy, blood clots and postoperative pain. Now surgeons prefer minimal invasive technique or
Robot-assisted surgeries
over conventional surgeries.
1.Consumable accessories A wide range of products come across this category includes tubes, clamps, surgical dissections, drainage bags, gloves and urine collection bags. Compounded annual growth rate for this category is 11.86% for year 2017 to 2021 with a market share of 65 percent.
GROWTH RATE
11.68%
MARKET SHARE
65%
2.Guidewires and retrieval device Guidewires are used as support devices in variety of urological surgical procedures. Compounded annual growth rate of Guidewires and retrieval device is 8.21% with a market share of 19 percent.
GROWTH RATE
8.21%
MARKET SHARE
19%
3.Ureteral catheters Ureteral catheters are used for infusion of contrast media, ureteral dilation and maintaining drainage during surgeries. Compounded annual growth rate of Ureteral catheters device is 6.12% with a market share of 16 percent.
GROWTH RATE
6.12%
MARKET SHARE
16%
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