Technological Advancement to Hold Key Place in Urology Imaging Equipment Market From 2019 to 2027, states TMR

- Growing preference for minimally invasive procedures is set to fuel demand for urology imaging equipment

- Rapidly ageing population will be a contributing factor towards growth in the market over the forecast period

- X-Ray/Fluoroscopy segment under the product type category will dominate growth in the global urology imaging equipment market

ALBANY, N.Y., July 23, 2020 /PRNewswire/ -- The market for urology imaging equipment is set to grow at a steady pace over the next few years and a variety of growth factors will help it take on a high growth trajectory. Some of the prominent growth factors include growing prevalence of urological diseases and notable technological advancement in the field.

As per Transparency Market Research, "Growing at a compound annual growth rate of 4% from 2019 to 2027, the global urology imaging equipment market will reach a higher valuation of about USD 1.9 billion by 2027 – a notable increase from USD 1.3 billion in 2018. It states that multimodality integration technologies will play a significant role in market growth over the forecast period."

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Key Findings of Global Urology Imaging Equipment Market Study:

• Product-wise, segment for X-ray/Fluoroscopy will account for a sizeable share of the market, dominate growth over the next few years
• Advancement in technology such as in multimodality integration will drive global urological equipment market forward
• The interventional segment will dominate growth under the application category over the forecast period
• Based on end-user, hospitals will account for a large share of growth

Analyze global urology imaging equipment market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study https://www.transparencymarketresearch.com/sample/sample.php

Key Drivers of Growth in Global Urology Imaging Equipment Market:

Growing prevalence of urological diseases is propelling global urology imaging market on an upward growth trajectory. As per Transparency Market Research, there are multiple factors keeping the market buoyant over the forecast period. A glimpse is provided below: