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European Markets for Urological Devices
European markets for urological devices
Millennium Research Group, A Decision Resources, Inc. Company
Market Overview

In 2005, the European urological device market (France, Germany, Italy, and the UK), consisting of incontinence devices, urological endoscopes, stone management devices, prostate cancer devices, benign prostatic hyperplasia (BPH) treatment devices, and erectile dysfunction (ED) devices, was valued at nearly $500 million. Over the forecast period, this market will experience moderate growth driven by a growing home care segment, an aging population, and a greater willingness on the part of patients to seek treatment for urological disorders despite their embarrassment. Nonetheless, the market will continue to be limited by restrictive hospital budgets, low to nonexistent reimbursement for numerous minimally invasive procedures, and a lack of awareness by both ...

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