Urology and Pelvic Market is Attribute to Reach CAGR of 8% Revenues by 2027
Global Urology and Pelvic Health Market
Overview
The global urology
and pelvic health market is projected to witness a strong growth rate of
around 8% over the next five years. This growth is largely attributed to the
increasing shift toward minimally invasive procedures, rising prevalence of
bladder cancer, kidney stones, and other urinary disorders, along with
continuous technological advancements in medical devices and growing
investments in research and development by leading industry players.
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Urology and pelvic health form a crucial segment of medical science that focuses on diagnosing and treating disorders of the genitourinary tract and adrenal glands. It addresses health issues related to kidneys, bladder, ureters, and urethra in both men and women. The market is typically segmented based on product type, application, and end user, covering a wide spectrum of surgical and therapeutic devices used to treat urological conditions.
Technological Advancements Fuel Market
Growth
Technological progress has played a pivotal role in the evolution of the
urology and pelvic health market. Continuous innovations have led to the
development of advanced devices that provide enhanced precision, minimize
invasiveness, and ensure faster recovery with reduced complications. These
innovations have improved patient outcomes, shortened hospital stays, and
reduced post-operative infections. Several major players are introducing
innovative devices to strengthen their global footprint and enhance patient
care. For instance, in November 2022, Teleflex launched its UroLift System in
India—a minimally invasive approach for treating benign prostatic hyperplasia
(BPH)—offering rapid symptom relief and shorter recovery times. Similarly,
Coloplast introduced the SpeediCath Flex Set in the U.S., featuring a unique
triple action coating technology that helps reduce urinary tract infections and
urethral damage. Olympus Corporation unveiled the VISERA ELITE III Surgical
Visualization Platform in September 2022 to support advanced imaging and
endoscopic procedures, while Auris Health (a subsidiary of Ethicon) received
FDA clearance for its MONARCH Platform designed for endourological procedures.
Additionally, The Flume Catheter Company gained FDA clearance for its FLUME
catheter in November 2021—a next-generation urinary catheter designed to
overcome the drawbacks of conventional Foley catheters.
Rising Investments in Product
Development by Key Players
Leading market participants are heavily investing in research, innovation, and
product development to maintain competitiveness and expand their market
presence. These investments, often combined with strategic collaborations and
acquisitions, are enabling companies to enhance their technological
capabilities and introduce next-generation products. For example, Minze Health,
a Belgium-based digital health company, secured $4.2 million in December 2022 to
scale its digital urinary health solutions. In April 2022, Canadian start-up
Cosm raised $3.8 million to advance its digital gynecology platform targeting
pelvic floor disorders. Similarly, Boston Scientific Corporation's acquisition
of Lumenis LTD's global surgical business in 2021 strengthened its kidney stone
and BPH management portfolio. Digital therapeutics firm Renovia also raised $17
million in 2021 to support the clinical development and launch of its leva
platform for treating urinary incontinence and pelvic floor conditions. Such
developments emphasize the growing importance of innovation and collaboration
in advancing patient care in urology and pelvic health.
Regional Outlook: North America Leads
the Market
Geographically, North America dominates the global urology and pelvic health
market, owing to its advanced healthcare infrastructure, favorable
reimbursement policies, and strong investments by hospitals and healthcare
providers in cutting-edge medical technologies. For instance, Vizient Inc., a
U.S.-based healthcare organization, entered a contract with Ambu Inc. in
December 2021 to offer its members pre-negotiated prices on single-use
endoscopy products, including those used in urology. However, the Asia-Pacific
region is expected to witness the fastest growth during the forecast period.
The expansion in this region is driven by factors such as increasing healthcare
spending, rising awareness about urological disorders, growing disposable
income, and the presence of a large target patient population in key countries
like India, China, and Japan. Furthermore, improving healthcare infrastructure
and increasing investments by local and international players are expected to
create new opportunities in this region.
Competitive Landscape
The urology and pelvic health market is highly competitive, characterized by
the presence of major global players such as Boston Scientific Corporation,
Medtronic plc, Coloplast, B. Braun Melsungen AG, ConvaTec Group, Hollister
Incorporated, Teleflex Inc., Stryker Corporation, and Ethicon. These companies
focus on expanding their portfolios through mergers, acquisitions, and product
innovations. Their strategies aim to enhance product efficacy, lower treatment
costs, and improve patient outcomes. The competitive landscape is defined by a
constant push toward developing next-generation technologies to address the
unmet needs of patients suffering from urinary and pelvic health disorders.
Impact of COVID-19 on the Urology and
Pelvic Health Market
The COVID-19 pandemic temporarily disrupted the global urology and pelvic
health market. Many elective urological procedures were postponed or canceled,
leading to a decline in product sales and significant revenue losses for
several manufacturers. However, post-pandemic recovery has been strong, driven
by the resumption of hospital operations, the lifting of restrictions, and the
rising demand for delayed procedures. The increasing adoption of minimally
invasive treatments and digital health technologies has also accelerated the
market's rebound.
Market Challenges and Future Outlook
Despite the strong growth outlook, the market faces several challenges,
including the high cost of advanced urology and pelvic health devices,
unfavorable reimbursement frameworks in some regions, and the shortage of
skilled technicians. These challenges can restrain adoption rates, particularly
in low- and middle-income countries. Nevertheless, the market's long-term
outlook remains positive due to the continuous development of advanced
products, rising prevalence of kidney and bladder disorders, and increased
awareness of pelvic health. Furthermore, the ongoing shift toward
patient-centric, minimally invasive, and digitally enabled care models is
expected to create lucrative growth opportunities for stakeholders in the years
ahead.
Conclusion
The global urology and pelvic health market is poised for robust growth in the
coming years, supported by technological innovation, expanding healthcare
access, and a rising burden of urological disorders worldwide. As industry
players continue to invest in research and partnerships, the sector is expected
to see the introduction of advanced, patient-friendly solutions that improve
treatment efficacy and overall quality of care. With North America leading the
market and Asia-Pacific emerging as a fast-growing hub, the industry is set to
evolve rapidly, providing sustainable opportunities for manufacturers,
healthcare providers, and patients alike.
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About Medi-Tech Insights
Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services in the areas of market assessments, due diligence, competitive intelligence, market sizing and forecasting, pricing analysis & go-to-market strategy. Our methodology includes rigorous secondary research combined with deep-dive interviews with industry-leading CXO, VPs, and key demand/supply side decision-makers.
