Global Urine Flow Meters Market 2019-2023 | Favorable Reimbursement Scenario to Boost Growth | Technavio
LONDON--(BUSINESS WIRE)--Sep 10, 2019--
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.
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Technavio has published a new market research report on the global urine flow meters market from 2019-2023. (Graphic: Business Wire)
“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.
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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
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CONTACT: Technavio Research
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KEYWORD: EUROPE NORTH AMERICA ASIA PACIFIC
INDUSTRY KEYWORD: MEDICAL SUPPLIES OTHER HEALTH DIABETES PHARMACEUTICAL INSURANCE MEDICAL DEVICES PRACTICE MANAGEMENT HOSPITALS GENERAL HEALTH PROFESSIONAL SERVICES CLINICAL TRIALS CARDIOLOGY SURGERY HEALTH
SOURCE: Technavio Research
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PUB: 09/10/2019 09:17 AM/DISC: 09/10/2019 09:17 AM