Press Release

India Urology Devices Market to Grow with a CAGR of 9.20% through 2030F

Increasing healthcare infrastructure and a supportive regulatory environment are the major drivers anticipated to drive the India Urology Devices Market through forecast period 2026-2030.

 

According to TechSci Research report, “India Urology Devices Market Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2030F”, India Urology Devices Market has valued at USD 361.19 Million in 2024 and is anticipated to witness an impressive growth in the forecast period with a CAGR of 9.20% through 2030. The COVID-19 pandemic has accelerated the adoption of telemedicine and e-health services in India. Telemedicine has become an essential tool for providing healthcare services, including urological consultations, especially in remote and underserved areas. This trend is likely to continue post-pandemic, given its convenience and ability to reach a wider patient population. Digital health platforms offering teleconsultations, remote monitoring, and electronic health records are facilitating better management of urological conditions and improving patient outcomes.

India is becoming a preferred destination for medical tourism, including for urological procedures. The country offers high-quality medical care at a fraction of the cost compared to Western countries. State-of-the-art hospitals and highly skilled urologists attract international patients seeking affordable and effective treatments for urological conditions. Medical tourism not only boosts the economy but also drives demand for advanced urology devices and equipment.

 

Browse over XX market data Figures and spread through XX Pages and an in-depth TOC on India Urology Devices Market

 

Collaborations between healthcare providers, medical device manufacturers, and research institutions are fostering innovation in the urology devices market. These partnerships are essential for the development and commercialization of new technologies. For instance, joint ventures and strategic alliances help in pooling resources, sharing expertise, and accelerating the introduction of cutting-edge urological devices in the Indian market. This collaborative approach is crucial for addressing the unique healthcare needs of the Indian population and ensuring the availability of advanced treatment options.For instance, In November 2022, Teleflex has introduced the UroLift System in India for the treatment of benign prostatic hyperplasia (BPH), or an enlarged prostate. This system offers a minimally invasive approach to addressing BPH, allowing it to be performed on an outpatient basis. It delivers swift relief from BPH symptoms and enables patients to recover quickly. The UroLift System is designed to treat lower urinary tract symptoms associated with BPH in men aged 50 and above in India, particularly those with prostate sizes of up to 100 cc. In India, it is considered an optional therapy and is offered as an alternative to patients who present with moderate-to-severe lower urinary tract symptoms (LUTS) that have not responded to medical management or for individuals who are not tolerant of or compliant with medical treatments.

 

India Urology Devices Market is segmented based on Type, Application, End-user, by regional distribution and company.   

Based on Application, Benign Prostate Hyperplasia (BPH) is anticipated to dominate the India urology devices market in the forecast period. The aging male population in India is a significant driver, as BPH predominantly affects older men. With the increasing life expectancy and a growing proportion of the elderly population, the incidence of BPH is rising, leading to higher demand for effective diagnostic and treatment solutions. Technological advancements in urology devices are another crucial factor. Innovations such as minimally invasive surgical techniques, laser therapies, and advanced diagnostic tools have revolutionized BPH treatment, offering improved outcomes, reduced recovery times, and fewer complications. These advancements are making BPH treatments more accessible and appealing to both patients and healthcare providers.

In 2024, the India Urology Devices Market largest share was held by Hospitals & Clinics segment in the forecast period and is predicted to continue expanding over the coming years.  Hospitals and clinics serve as primary healthcare facilities for a vast number of patients in India. They cater to a diverse patient population, including those with urological conditions. The high patient volume in these healthcare settings drives the demand for urology devices. Hospitals and larger clinics typically have more advanced healthcare infrastructure, including operating rooms equipped with state-of-the-art urology devices. This allows for a broader range of urological procedures and treatments, increasing the need for urology devices. Many hospitals have specialized urology departments staffed with urologists and other healthcare professionals who are trained to diagnose and treat urological conditions. These departments are equipped with urology devices tailored for specific procedures. Hospitals are equipped to handle emergencies and critical cases, which often involve urological emergencies like urinary tract infections, kidney stones, and traumatic injuries. Having urology devices readily available in these settings is essential for timely interventions. Hospitals and clinics are key centres for diagnosing and treating urological conditions. They offer a wide range of diagnostic services, such as imaging, and can perform surgeries, including minimally invasive procedures, using urology devices.

Based on Region, North India held the largest share in the India Urology Devices Market. The government has been promoting healthcare initiatives and infrastructure development in North India, which can lead to increased access to urological care and devices. Generally, North Indian states tend to have higher healthcare spending per capita, which can facilitate the adoption of advanced medical devices, including urology devices. North India has a strong tradition of education and awareness, which can lead to more proactive healthcare-seeking behavior and early diagnosis of urological conditions. The presence of medical research and development centers in North India can lead to innovation and development of new urology devices, making them more readily available in the region.

 

Some of the major companies operating in the India Urology Devices Market include:

·         Fresenius Medical Care India Pvt. Ltd.

·         Boston Scientific India Pvt Ltd

·         Becton Dickinson Private Limited

·         Olympus Medical Systems India Pvt Ltd.

·         B. Braun Medical (India) Pvt. Ltd.

·         Stryker India Pvt. Ltd.

·         India Medtronic Pvt. Ltd.

·         KARL STORZ Endoscopy, India Pvt. Ltd

·         Cook Medical India

·         Siemens Healthineers India

 

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“Certain areas, particularly in North America, are projected to exert significant demand for Urology Devices. The growth in the competitive landscape and the presence of well-established companies in the market, committed to enhance the overall wellbeing of people each year, are expected to contribute to a remarkable growth of the India Urology Devices Market in the forecast period," said Mr. Karan Chechi, Research Director, TechSci Research, a research-based Global management consulting firm.

“India Urology Devices Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Dialysis Devices, Endoscopes, Lithotripsy Devices, Urology Imaging Equipment, Endoscopy Fluid Management Systems, Urodynamic Equipment, Urinary Catheters, Ureteral Stents, Others), By Application (Kidney Diseases, Urological Cancer & Benign Prostate Hyperplasia (BPH), Pelvic Organ Prolapse, Others), By End User (Hospitals & Clinics, Ambulatory Care Centers, Dialysis Centers, Others), By Region and Competition, 2020-2030F”, has evaluated the future growth potential of India Urology Devices Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide innovative market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Urology Devices Market.



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