The Business Research Company’s latest report Urology Medical Lasers Global Market Report 2020 covers Urology Medical Lasers market drivers, Urology Medical Lasers market trends, Urology Medical Lasers market segments, Urology Medical Lasers market growth rate, Urology Medical Lasers market major players, and Urology Medical Lasers market size. The report provides in-depth analysis of the impact of COVID-19 on the Urology Medical Lasers industry, along with revised market numbers due to the effects of the coronavirus.
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Urology Medical Lasers Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valusable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global urology medical lasers market is expected to decline from $0.93 billion in 2019 to $0.87 billion in 2020 at a compound annual growth rate (CAGR) of -6.07%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $1.03 billion in 2023 at a CAGR of 5.60%.
The report covers the Urology Medical Lasers market’s segments-
1) By Laser Type: Holmium Laser System, Diode Laser System, Thulium Laser System, Others.
2) By Application: Benign Prostatic Hyperplasia (BPH), Urolithiasis, Non-Muscle-Invasive Bladder Cancer (NMIBC), Others.
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