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Global Nephrology Devices Market and Urology Devices Market - New Market Research Report Published by Transparency Market Research
Date:4/30/2013

Albany, New York (PRWEB) April 30, 2013

According to WHO, more than 190 million patients suffering from chronic renal failure undergo renal dialysis. Rising incidence of hypertension is another key factor responsible for the increase in renal failure around the world. Benign prostatic hyperplasia is an occurrence that is common among the aging population. Over 220 million males suffer from a swelling of the prostate glands as of 2012, which results in a blockage of the flow of urine through the body.

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This blockage can cause bladder damage, and increase the likelihood of urinary infection in males, which may lead to severe impairment of the life of the patient. According to Kidney Health Alliance, 250,000 people in Europe are being treated by kidney dialysis every year. The dialysis equipment market represented the largest segment, accounting for over 74% of the total market, followed by devices used for treating kidney and bladder stones.

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Europe was estimated to be the largest market in the nephrology & urology devices market. The region accounted for a market share of over 33%, followed by North America. Europe led the key markets of dialysis and sacral neurostimulation; however, North America is expected to expand its sacral neurostimulation market in the coming years, and nibble into Europe's share. Asia Pacific is expected to be placed third, followed by the Rest of the World region.Emerging markets such a
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