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The Global Urology Imaging Systems Market is projected to increase significantly at CAGR of 3.8% through 2028

According to the latest research by the FMI, the global urology imaging systems market is expected to account for over US$ 486.4 Mn, in terms of value, by 2028 end. The report on the Urology Imaging Systems market further projects substantial growth potential with CAGR of 3.8% over 2018-2028.

While hospitals will continue to register the highest revenue share in terms of urology imaging systems adoption, the report highlights limited investment opportunities for manufacturers of urology imaging systems, within clinics.

Increasing EU Reserve Funding Encouraging Adoption of Urology Imaging Systems

Increasing instances of urological disease and simultaneously increasing awareness about critical health issues is anticipated to boost demand for urology imaging systems and services across globe. Accessibility of EU reserves for part states in the CEE, paralleled by administrative projects in Russia, will be an imperative source of financing for new imaging equipment purchases and will contribute fundamentally to the advancement of the urology imaging systems market in the Eastern Europe.

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In Russia, the 2020 Healthcare Development Program and National Project ‘Health’ center not just around conveying propelled advances to the nation and furnishing healthcare facilities with costly, top of the line urology imaging systems, yet additionally on obtaining mid-range and low-end urology imaging systems that are very required in local health facilities. The compliance to the EU reserve funding has given access to countries like the Czech Republic, Hungary, Poland, Bulgaria and Romania. Such compliances are anticipated to eliminate barriers for the new entrant in urology imaging systems market.

Urology Imaging Systems Market

The growing demand for urology imaging systems is centered at increasing inclination towards technologically-advanced imaging tools used in the diagnosis of prostate cancer and uterine fibroid to reduce the risk of uterine cancer. Further increasing demand for urology imaging systems for accurate diagnosis and second opinion is anticipated to create demand for ultrasound- as well as fluoroscopy-based urology imaging systems, thereby driving the growth of the Urology Imaging Systems market. However, ultrasound systems are likely to continue representing a larger market value share over fluoroscopic variants, according to FMI’s analysis.

Favorable Reimbursement Scenario, Supported by Increasing Number of Diagnostic Establishments Driving Market Growth

In the recent years, the number of independent diagnostics and imaging centers in various developed and developing regions has seen a significant spike, overcoming a series of volume and reimbursement pressures in an effort to sustain profitability and achieve better margins. This according to the report is expected to drive the growth of the Urology Imaging Systems market.

Many insurance companies have adopted effective marketing strategies to shift the patient volume to low-cost independent diagnostic centers and reduce the price point associated with urology imaging systems. Independent diagnostic imaging centers offer better service and often of superior quality, generally at the expense of local hospitals and weak operators. The development of low cost portable urology imaging systems is providing leverage to current imagining centers and subsequently driving the growth of Urology Imaging Systems market.

The report tracks strategic developments of some of the prominent players competing in  the global urology imaging systems market, including GE Healthcare, Toshiba Medical, Philips Healthcare, Hitachi-Aloka Medical, Siemens Healthineers, Samsung Medison, Mindray, Fujifilm Sonosite, Esaote, and Analogic. The report also provides key aspects and trends in the Urology Imaging Systems market, including reimbursement scenario, average selling price, and country-wise revenue analysis.

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Table of Content

  1. Executive Summary

     1.1. Global Market Outlook

     1.2. Demand Side Trends

     1.3. Supply Side Trends

     1.4. Technology Roadmap

     1.5. Analysis and Recommendations

  1. Market Overview

     2.1. Market Coverage / Taxonomy

     2.2. Market Definition / Scope / Limitations

  1. Key Market Trends

     3.1. Key Trends Impacting the Market

     3.2. Product Innovation / Development Trends

  1. Key Success Factors

     4.1. Product Adoption / Usage Analysis

     4.2. Product USPs / Features

     4.3. Strategic Promotional Strategies

  1. Global Urology Imaging Systems Market – Comparative Analysis

     5.1. Regional Comparative Analysis By Product Type

     5.2. Pricing Break-up

            5.2.1. Manufacturer Level Pricing

            5.2.2. Distributor Level Pricing

  1. Global Urology Imaging Systems Market Demand (in Value or Size in US$ Mn) Analysis 2013-2017 and Forecast, 2018-2028

     6.1. Historical Market Value (US$ Mn) Analysis, 2013-2017

     6.2. Current and Future Market Value (US$ Mn) Projections, 2018-2028

            6.2.1. Y-o-Y Growth Trend Analysis

            6.2.2. Absolute $ Opportunity Analysis

  1. Market Background

     7.1. Macro-Economic Factors

            7.1.1. Gross Domestic Product by Region & Country,

            7.1.2. Global Medical Devices Industry Market Outlook

     7.2. Forecast Factors – Relevance & Impact

            7.2.1. Top Urology Imaging Systems Companies  & their Historical Growth

            7.2.2. Technology Innovation in Urology Imaging Systems

            7.2.3. Penetration of Products in Different Distribution Channel

            7.2.4. Regulatory Imposition on Urology Imaging Systems Production

            7.2.5. R&D Investment for Urology Imaging Systems Products

            7.2.6. Annual Urology Imaging Systems Installs

     7.3. Value Chain

            7.3.1. Urology Imaging Systems Manufacturers

            7.3.2. Distributors/Suppliers/Wholesalers

            7.3.3. End Users

     7.4. Market Dynamics

            7.4.1. Drivers

            7.4.2. Restraints

            7.4.3. Opportunity Analysis

  1. Global Urology Imaging Systems Market Analysis 2013-2017 and Forecast 2018-2028, by Product Type

     8.1. Introduction / Key Findings

     8.2. Historical Market Size (US$ Mn) and Volume Analysis By Product Type, 2013 – 2017

     8.3. Current and Future Market Size (US$ Mn) and Volume Analysis (Units) and Forecast By Product Type, 2018 – 2018

            8.3.1. Ultrasound Systems

            8.3.2. Fluoroscopy Based Systems(Conventional radiology)

     8.4. Market Attractiveness Analysis By Product Type

  1. Global Urology Imaging Systems Market Analysis 2013-2017 and Forecast 2018-2028, by End User

     9.1. Introduction / Key Findings

     9.2. Historical Market Size (US$ Mn) Analysis By End User, 2013 – 2017

     9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By End User, 2018 – 2018

            9.3.1. Hospitals

            9.3.2. Ambulatory Surgical Centers

            9.3.3. Diagnosis Centers

            9.3.4. Clinics

     9.4. Market Attractiveness Analysis By End User

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Last Updated: 08-Sep-2021