The North America Urology Laser Market would witness market growth of 5.5% CAGR during the forecast period (2023-2031).
The US market dominated the North America Urology Laser Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $406.7 million by 2031. The Canada market is experiencing a CAGR of 7.9% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 7% during (2024 - 2031).
Urology lasers are advanced medical devices used in urology to diagnose and treat various urinary tract conditions. These lasers utilize focused beams of light to target specific tissues with precision, minimizing damage to surrounding healthy tissue. A significant utilization of these pertains to the management of kidney stones. In this regard, laser lithotripsy fragments stones into more manageable pieces, facilitating their passage or extraction.
Urology lasers are utilized not only for the treatment of kidney stones but also for managing the symptoms of BPH or benign prostatic hyperplasia, a prevalent ailment among elderly males distinguished by an enlarged prostate gland. Patients benefit from the efficacy of laser procedures, including prostate enucleation (ThuLEP) and prostate vaporization (ThuVARP), which reduce prostate tissue, alleviate urinary symptoms, and enhance their quality of life.
The demand for these systems in North America is experiencing a notable surge, driven by several key factors and supported by statistical data. The Kidney Foundation of Canada reported that kidney stones, a prevalent concern in Canada, have shown an increasing trend over the past 25 years, with approximately 12% of men and 6% of women expected to experience a kidney stone during their lifetime. Thus, the increasing prevalence of kidney stones, the burden of NL in certain regions, and the high rates of comorbidities that predispose individuals to urological conditions collectively contribute to the growth of the market in North America.
Free Valuable Insights: The Urology Laser Market is Predict to reach USD 1.8 Billion by 2031, at a CAGR of 6.3%
Based on Laser Type, the market is segmented into Holmium Laser System, Thulium Laser System, Diode Laser System, and Others. Based on Application, the market is segmented into Benign Prostatic Hyperplasia (BPH), Urolithiasis, Non-Muscle-Invasive Bladder Cancer (NMIBC), and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Olympus Corporation
- Biolitec AG
- Stryker Corporation
- Boston Scientific Corporation
- Richard Wolf GmbH
- Cook Medical, Inc.(Cook Group)
- Karl Storz SE & Co. KG
- OmniGuide, Inc.
- Allengers Medical Systems Ltd.
- Becton, Dickinson and Company
North America Urology Laser Market Report Segmentation
By Laser Type
- Holmium Laser System
- Thulium Laser System
- Diode Laser System
- Others
By Application
- Benign Prostatic Hyperplasia (BPH)
- Urolithiasis
- Non-Muscle-Invasive Bladder Cancer (NMIBC)
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Urology Laser Market, by Laser Type
1.4.2 North America Urology Laser Market, by Application
1.4.3 North America Urology Laser Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. North America Urology Laser Market by Laser Type
4.1 North America Holmium Laser System Market by Country
4.2 North America Thulium Laser System Market by Country
4.3 North America Diode Laser System Market by Country
4.4 North America Others Market by Country
Chapter 5. North America Urology Laser Market by Application
5.1 North America Benign Prostatic Hyperplasia (BPH) Market by Country
5.2 North America Urolithiasis Market by Country
5.3 North America Non-Muscle-Invasive Bladder Cancer (NMIBC) Market by Country
5.4 North America Others Market by Country
Chapter 6. North America Urology Laser Market by Country
6.1 US Urology Laser Market
6.1.1 US Urology Laser Market by Laser Type
6.1.2 US Urology Laser Market by Application
6.2 Canada Urology Laser Market
6.2.1 Canada Urology Laser Market by Laser Type
6.2.2 Canada Urology Laser Market by Application
6.3 Mexico Urology Laser Market
6.3.1 Mexico Urology Laser Market by Laser Type
6.3.2 Mexico Urology Laser Market by Application
6.4 Rest of North America Urology Laser Market
6.4.1 Rest of North America Urology Laser Market by Laser Type
6.4.2 Rest of North America Urology Laser Market by Application
Chapter 7. Company Profiles
7.1 Olympus Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Recent strategies and developments:
7.1.4.1 Product Launches and Product Expansions:
7.1.4.2 Acquisition and Mergers:
7.1.5 SWOT Analysis
7.2 Biolitec AG
7.2.1 Company Overview
7.2.2 SWOT Analysis
7.3 Stryker Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 SWOT Analysis
7.4 Boston Scientific Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Acquisition and Mergers:
7.4.6 SWOT Analysis
7.5 Richard Wolf GmbH
7.5.1 Company Overview
7.5.2 SWOT Analysis
7.6 Cook Medical, Inc. (Cook Group)
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 Karl Storz SE & Co. KG
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 OmniGuide, Inc.
7.8.1 Company Overview
7.8.2 SWOT Analysis
7.9 Allengers Medical Systems Ltd.
7.9.1 Company Overview
7.9.2 SWOT Analysis
7.10. Becton, Dickinson, and Company
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expense
7.10.5 SWOT Analysis
TABLE 1 North America Urology Laser Market, 2020 - 2023, USD Million
TABLE 2 North America Urology Laser Market, 2024 - 2031, USD Million
TABLE 3 North America Urology Laser Market by Laser Type, 2020 - 2023, USD Million
TABLE 4 North America Urology Laser Market by Laser Type, 2024 - 2031, USD Million
TABLE 5 North America Holmium Laser System Market by Country, 2020 - 2023, USD Million
TABLE 6 North America Holmium Laser System Market by Country, 2024 - 2031, USD Million
TABLE 7 North America Thulium Laser System Market by Country, 2020 - 2023, USD Million
TABLE 8 North America Thulium Laser System Market by Country, 2024 - 2031, USD Million
TABLE 9 North America Diode Laser System Market by Country, 2020 - 2023, USD Million
TABLE 10 North America Diode Laser System Market by Country, 2024 - 2031, USD Million
TABLE 11 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 12 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 13 North America Urology Laser Market by Application, 2020 - 2023, USD Million
TABLE 14 North America Urology Laser Market by Application, 2024 - 2031, USD Million
TABLE 15 North America Benign Prostatic Hyperplasia (BPH) Market by Country, 2020 - 2023, USD Million
TABLE 16 North America Benign Prostatic Hyperplasia (BPH) Market by Country, 2024 - 2031, USD Million
TABLE 17 North America Urolithiasis Market by Country, 2020 - 2023, USD Million
TABLE 18 North America Urolithiasis Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Non-Muscle-Invasive Bladder Cancer (NMIBC) Market by Country, 2020 - 2023, USD Million
TABLE 20 North America Non-Muscle-Invasive Bladder Cancer (NMIBC) Market by Country, 2024 - 2031, USD Million
TABLE 21 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Urology Laser Market by Country, 2020 - 2023, USD Million
TABLE 24 North America Urology Laser Market by Country, 2024 - 2031, USD Million
TABLE 25 US Urology Laser Market, 2020 - 2023, USD Million
TABLE 26 US Urology Laser Market, 2024 - 2031, USD Million
TABLE 27 US Urology Laser Market by Laser Type, 2020 - 2023, USD Million
TABLE 28 US Urology Laser Market by Laser Type, 2024 - 2031, USD Million
TABLE 29 US Urology Laser Market by Application, 2020 - 2023, USD Million
TABLE 30 US Urology Laser Market by Application, 2024 - 2031, USD Million
TABLE 31 Canada Urology Laser Market, 2020 - 2023, USD Million
TABLE 32 Canada Urology Laser Market, 2024 - 2031, USD Million
TABLE 33 Canada Urology Laser Market by Laser Type, 2020 - 2023, USD Million
TABLE 34 Canada Urology Laser Market by Laser Type, 2024 - 2031, USD Million
TABLE 35 Canada Urology Laser Market by Application, 2020 - 2023, USD Million
TABLE 36 Canada Urology Laser Market by Application, 2024 - 2031, USD Million
TABLE 37 Mexico Urology Laser Market, 2020 - 2023, USD Million
TABLE 38 Mexico Urology Laser Market, 2024 - 2031, USD Million
TABLE 39 Mexico Urology Laser Market by Laser Type, 2020 - 2023, USD Million
TABLE 40 Mexico Urology Laser Market by Laser Type, 2024 - 2031, USD Million
TABLE 41 Mexico Urology Laser Market by Application, 2020 - 2023, USD Million
TABLE 42 Mexico Urology Laser Market by Application, 2024 - 2031, USD Million
TABLE 43 Rest of North America Urology Laser Market, 2020 - 2023, USD Million
TABLE 44 Rest of North America Urology Laser Market, 2024 - 2031, USD Million
TABLE 45 Rest of North America Urology Laser Market by Laser Type, 2020 - 2023, USD Million
TABLE 46 Rest of North America Urology Laser Market by Laser Type, 2024 - 2031, USD Million
TABLE 47 Rest of North America Urology Laser Market by Application, 2020 - 2023, USD Million
TABLE 48 Rest of North America Urology Laser Market by Application, 2024 - 2031, USD Million
TABLE 49 Key Information – Olympus Corporation
TABLE 50 Key Information – Biolitec AG
TABLE 51 Key Information – Stryker Corporation
TABLE 52 Key Information – Boston Scientific Corporation
TABLE 53 Key Information – Richard Wolf GmbH
TABLE 54 Key Information – Cook Medical, Inc.
TABLE 55 Key Information – Karl Storz SE & Co. KG
TABLE 56 Key Information – OmniGuide, Inc.
TABLE 57 Key Information – Allengers Medical Systems Ltd.
TABLE 58 Key Information – Becton, Dickinson and Company
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Urology Laser Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Urology Laser Market
FIG 4 Porter’s Five Forces Analysis - Urology Laser Market
FIG 5 North America Urology Laser Market share by Laser Type, 2023
FIG 6 North America Urology Laser Market share by Laser Type, 2031
FIG 7 North America Urology Laser Market by Laser Type, 2020 - 2031, USD Million
FIG 8 North America Urology Laser Market share by Application, 2023
FIG 9 North America Urology Laser Market share by Application, 2031
FIG 10 North America Urology Laser Market by Application, 2020 - 2031, USD Million
FIG 11 North America Urology Laser Market share by Country, 2023
FIG 12 North America Urology Laser Market share by Country, 2031
FIG 13 North America Urology Laser Market by Country, 2020 - 2031, USD Million
FIG 14 SWOT Analysis: Olympus Corporation
FIG 15 SWOT Analysis: Biolitec AG
FIG 16 SWOT Analysis: Stryker Corporation
FIG 17 SWOT Analysis: Boston Scientific Corporation
FIG 18 SWOT Analysis: Richard Wolf GmbH
FIG 19 SWOT Analysis: Cook Medical, Inc
FIG 20 SWOT Analysis: Karl Storz SE & Co. KG
FIG 21 SWOT Analysis: OmniGuide, Inc.
FIG 22 SWOT Analysis: ALLENGERS MEDICAL SYSTEMS LTD.
FIG 23 SWOT Analysis: Becton, Dickinson and company