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Urology Billing Surgical
Supply:
Growth and Market Share
According to the new released data companies
supplying surgical products for urology have
stated that the demand is expected to grow by
10 percent CAGR
The use of traditional surgeries causes an increase
in fatigue, infections, muscle atrophy, blood clots
and postoperative pain. Now surgeons prefer mini-
mal invasive technique or
Robot-assisted surgeries
over conventional surgeries.
Guidewires are used as support devices in variety of urologi-
cal surgical procedures.
Compounded annual growth rate of Guidewires and retrieval
device is 8.21% with a market share of 19 percent.
1.Consumable accessories
A wide range of products come across this category
includes tubes, clamps, surgical dissections, drainage
bags, gloves and urine collection bags. Compounded
annual growth rate for this category is 11.86% for year
2017 to 2021 with a market share of 65 percent.
GROWTH RATE 11.68%
65%MARKET SHARE
3.Ureteral catheters
Ureteral catheters are used for infusion of contrast media,
ureteral dilation and maintaining drainage during surgeries.
Compounded annual growth rate of Ureteral catheters
device is 6.12% with a market share of 16 percent.
GROWTH RATE 6.12%
16%MARKET SHARE
GROWTH RATE 8.21%
19%MARKET SHARE
2.Guidewires and retrieval device
Questions?
Call us Toll Free at 888-357-3226
Visit Us: www.medicalbillersandcoders.com

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Urology billing-surgical-supply-growth-and-market-share

  • 1. Urology Billing Surgical Supply: Growth and Market Share According to the new released data companies supplying surgical products for urology have stated that the demand is expected to grow by 10 percent CAGR The use of traditional surgeries causes an increase in fatigue, infections, muscle atrophy, blood clots and postoperative pain. Now surgeons prefer mini- mal invasive technique or Robot-assisted surgeries over conventional surgeries. Guidewires are used as support devices in variety of urologi- cal surgical procedures. Compounded annual growth rate of Guidewires and retrieval device is 8.21% with a market share of 19 percent. 1.Consumable accessories A wide range of products come across this category includes tubes, clamps, surgical dissections, drainage bags, gloves and urine collection bags. Compounded annual growth rate for this category is 11.86% for year 2017 to 2021 with a market share of 65 percent. GROWTH RATE 11.68% 65%MARKET SHARE 3.Ureteral catheters Ureteral catheters are used for infusion of contrast media, ureteral dilation and maintaining drainage during surgeries. Compounded annual growth rate of Ureteral catheters device is 6.12% with a market share of 16 percent. GROWTH RATE 6.12% 16%MARKET SHARE GROWTH RATE 8.21% 19%MARKET SHARE 2.Guidewires and retrieval device Questions? Call us Toll Free at 888-357-3226 Visit Us: www.medicalbillersandcoders.com