Nephrology And Urology Devices Market 2020: Global Growth, Trends And Forecast

The Business Research Company’s latest report Nephrology And Urology Devices Global Market Report 2020 covers Nephrology And Urology Devices market drivers, Nephrology And Urology Devices market trends, Nephrology And Urology Devices market segments, Nephrology And Urology Devices market growth rate, Nephrology And Urology Devices market major players, and Nephrology And Urology Devices market size. The report provides in-depth analysis of the impact of COVID-19 on the Nephrology And Urology Devices industry, along with revised market numbers due to the effects of the coronavirus.

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Nephrology And Urology Devices 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 valuable 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 nephrology and urology devices market is expected to decline from $26.4 billion in 2019 to $22.3 billion in 2020 at a compound annual growth rate (CAGR) of -15.7%. The decline is mainly because of worldwide supply and demand mismatches of resources due to the COVID-19 outbreak. There is an inadequate production of nephrology and urology devices due to the restrictions imposed by governments of various countries to shutdown factories or function with minimal staffing to contain the spread of virus and keep the staff safe.  The market is then expected to recover and grow at a CAGR of 5% from 2021 and reach $32.2 billion in 2023.

The report covers the Nephrology And Urology Devices market’s segments-

1) By Type: Dialysis Devices And Equipment, Urinary Stone Treatment Devices And Equipment, Urinary Incontinence & Pelvic Organ Prolapse Devices And Equipment, Benign Prostatic Hyperplasia (BPH) Treatment Devices And Equipment, Endoscopy Devices And Equipment.

2) By End User: Hospitals And Clinics, Diagnostic Laboratories, Others.

3) By Type of Expenditure: Public, Private.

4) By Product: Instruments/Equipment, Disposables.

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