LONDON–(BUSINESS WIRE)–#HealthCare–The global urine flow meters market size is poised to reach USD 22.92 million by 2023, according to a new report by Technavio, progressing at a CAGR of over 6% during the forecast period.
“Apart from the absence of substitute devices for uroflowmetry, the development of urine flow meters with additional features and the increase in prevalence of prostate and bladder cancer are some other major factors that will boost market growth during the forecast period,” says a senior analyst at Technavio. Request Free Sample Pages
The market is driven by the absence of substitute devices for uroflowmetry. In addition, the presence of a favorable reimbursement scenario is anticipated to further boost the urine flow meters market during the forecast period.
The diagnosis of urinary disorders and diseases mandates the use of urine flow meters. The absence of substitute devices for performing uroflowmetry is a major advantage for the growth of the global urine flow meters market.
Furthermore, uroflowmetry is covered under Medicare for diagnosing several urological dysfunctions, including obstructions of the bladder. Also, urine flow meters are classified under class ll medical devices and are subject to additional special controls. The device labeling must be truthful and not misleading and must comply to all the regulations set. Thus, favorable reimbursements and regulatory framework, therefore, favor adoption, and are expected to showcase a positive outlook during the forecast period.
For More Information: Request Free Sample Pages
The report includes detailed profiles of the leading companies & prominent vendors of the market:
- Apex MediTech
- Digitimer Ltd.
- Laborie Group
- Mcube Technology Co. Ltd.
- Medica SpA
- Status Medical Equipment
- The Prometheus Group
- tic Medizintechnik GmbH & Co. KG
Market Segmentation by Category and Product Types:
The Urine Flow Meters Market can be broadly categorized into the following type:
- Wired urine flow meters
- Wireless urine flow meters
Key Regions for the Urine Flow Meters Market:
Featuring a breakdown of region wise market shares until 2019.
- North America
Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report
Related Reports on Health Care Market are:
Non-invasive Glucose Monitoring Devices Market – Global Non-invasive Glucose Monitoring Devices Market by product (wearable devices and non-wearable devices) and geography (Asia, Europe, North America, and ROW).
Gene Amplification Technologies Market – Global Gene Amplification Technologies Market by application (medical and pharmaceutical, forensic and identity testing, agricultural and food safety, and others) and geography (Asia, Europe, North America, and ROW).
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at [email protected].
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200