The Europe urethral bulking systems market was valued US$ 21.2 Mn in 2020, and is expected to accelerate at a decent CAGR of approximately 6% over the forecast period (2021-2031), with most of the growth of the market being driven by procedures at hospitals across the European continent.
Increase in female geriatric population is one of the major driving factors for the market in Europe. According to the Statistical Office of the European Union (Eurostat), 20.6% of the EU population was aged 65 and over in 2020. This creates opportunity for market players to grow in the region over the coming years.
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Key Takeaways from Market Study
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“Although pyrolytic carbon-coated graphite bead-based urethral bulking systems are expected to create lucrative opportunities for market players, demand for polyacrylamide hydrogel is expected to increase at a higher CAGR,” says an analyst of Persistence Market Research.
Increasing efforts by manufacturers to create awareness and help urological professionals and patients through special educational sessions are expected to aid market growth during the forecast period.
Key manufacturers are focusing on carrying out acquisitions that will broaden their product portfolios and help in expanding their presence in the market. Additionally, manufacturers are also focusing on entering into strategic partnerships with other companies to develop innovative products in the field of urology.
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What Does the Report Cover?
Persistence Market Research offers a unique perspective and actionable insights on the urethral bulking systems market in its latest study, presenting a historical demand assessment of 2016 – 2020 and projections for 2021 – 2031.
The research study is based on the product (pyrolytic carbon-coated graphite beads, calcium hydroxylapatite-based, polydimethylsiloxane macroparticle, polyacrylamide hydrogel, and hyaluronic acid-based) and end-user (hospitals, ambulatory surgical centers, and specialty clinics), across the countries of Europe.
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