GLOBAL URETHRAL DILATORS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global urethral dilators market was valued at US$ 243.3 Mn in 2023 and is expected to reach US$ 390.1 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031.

Urethral dilators are most commonly used in the treatment of urethral strictures, which may result from trauma, infections, surgical procedures, or congenital abnormalities. Urethral dilation might be done as an outpatient procedure by using local anesthesia, sedation, or more rarely, general anesthesia. The healthcare provider introduces a lubricated dilator into the urethra and slowly advances it through the area of narrowing.

Global Urethral Dilators Market - Regional Insights

• North America is expected to be the largest market for urethral dilators during the forecast period, accounting for over 43.7% of the market share in 2023. North America has established itself as the dominant region in the global urethral dilators market. This can largely be due to the well-developed healthcare infrastructure and rising demand for quality healthcare services across major countries like the U.S. With the growing geriatric population and increasing prevalence of urethral stricture.
• Asia Pacific is expected to be the second-largest market for urethral dilators market, accounting for over 25.2% of the market share in 2023. Asia Pacific has emerged as the fastest growing regional market for urethral dilators. Countries like China, Japan, India and South Korea are driving this growth on the back of expanding medical tourism industries, increasing healthcare investments as well as rapidly aging populations requiring more urological procedures. While products were traditionally imported in the region from global players and local manufacturers are also increasingly entering this space.

Figure 1. Global Urethral Dilators Market Share (%), By Region, 2023

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Analyst’s Views:

Global urethral dilators market is expected  to grow significantly in the near future. The aging population across developed countries is driving the demand for healthcare services. This is increasing the need for flexible workforce solutions among healthcare providers. Rising chronic disease prevalence is another driver fueling the need for cost-effective staffing alternatives that can help deliver quality care. On the other hand, the workload pressure on regular nurses and other medical staff is pushing them to consider temporary project-based work as well.

Global Urethral Dilators Market- Drivers

• Increasing number of kidney stone removal surgery: Increasing number of kidney removal surgery is expected to drive the growth of the market over the forecast period. For instance, in December 2023, according to data published by UpToDate, Inc., approximately 10 to 20 percent of all kidney stones require surgical removal.
• Increasing demand for minimally invasive surgeries: The demand for minimally invasive surgeries has been steadily rising in the recent past owing to various benefits they offer such as lesser pain, fewer complications, lower risk of infection, shorter hospital stay, and quicker recovery time for patients. Minimally invasive procedures require only very small incisions as compared to traditional open surgeries resulting in less damage to tissues and minimal dislocations. This has increased the acceptability of such surgeries among patients.
• Increasing prevalence of chronic kidney disorders: Increasing prevalence of chronic kidney disorders is expected to drive the growth of the market over the forecast period. For instance, in May 2023, according to data published by Centers for Disease Control and Prevention (CDC), more than 1 in 7 U.S. adults–about 35.5 million people, or 14%–are estimated to have chronic kidney disorder (CKD).

Global Urethral Dilators Market- Opportunities

• Emerging economies in Asia Pacific and Latin America: Emerging economies in Asia Pacific and Latin America present a great opportunity for growth in the global urethral dilators market. These regions have growing populations and economies which is increasing healthcare spending and focus on quality of life. Countries like India, China, Brazil, and Mexico are projected to witness major gross domestic product (GDP) growth over the next few years according to data provided by the World Bank in 2022. This economic development will undoubtedly improve access to healthcare for millions. As disposable incomes rise across urban and rural areas, people will be able to afford important medical devices and procedures to treat urological conditions.
• Rise in number of ambulatory surgical centers: Increasing number of ambulatory surgical centers (ASCs) globally is expected to drive significant growth in the urethral dilators market. ASCs are modern medical facilities that are focused on providing same-day surgical care including diagnostic and preventive procedures. They allow performing minor surgeries without an overnight hospital stay, thus offering more convenient options for patients. For instance, in December 2022, according to Ambulatory Surgery Center Association, there were approximately 6,701 ASC in the U.S. As ASCs continue expanding worldwide, it will allow performing more urological procedures like urethral dilatations, a nonsurgical treatment for urethral stricture disease in ambulatory settings. This is anticipated to drive volume growth for urethral dilators

Global Urethral Dilators Market – Trends

• Growth in demand for custom-made urethral dilators: The demand for custom-made urethral dilators has been growing significantly over the past few years and is anticipated to further drive the global urethral dilators market in the near future. More and more people are opting for customization in dilators as it allows for a tailored fitting as per the anatomy and precise condition of each individual. Customization ensures better comfort level and treatment outcome for the patient. It alleviates discomforts or complications that are often associated with standardized "one-size-fits-all" products.
• Development of advanced hydrophilic coated and reusable urethral dilators: The development of advanced hydrophilic coated and reusable urethral dilators is having a significant impact on the global urethral dilators market. Hydrophilic coated dilators offer several advantages over traditional wax or oil-based dilators. The hydrophilic coating allows the dilator to absorb fluid and become lubricated for a smoother insertion. This reduces pain and trauma for the patient during the procedure. These dilators can be reusable which offers substantial cost-savings as compared to single-use variants. With rising healthcare costs worldwide, this reusable feature is an attractive option for both patients and providers.

Global Urethral Dilators Market - Restraints

• High cost of urethral dilator devices: The high cost of urethral dilator devices is posing a notable challenge for the global urethral dilators market expansion. Urethral dilators are essential medical devices that are employed for widening the urethra to facilitate various urological procedures like catheter insertion. However, these devices come with a hefty price tag which limits their widespread adoption, especially in price-sensitive developing nations with limited healthcare budgets.
• Risk of infection associated with dilatation procedures: The risk of infection that is associated with urethral dilatation procedures is one of the major restraints impacting the growth of the global urethral dilators market. Urethral dilatation which is also known as urethral sounding, involves inserting devices into the urethra to expand or widen it. However, any foreign object inserted into the body poses certain infection risks. Since the urethra has direct access to the bladder, any infection during the procedure can potentially spread to the upper urinary tract as well. This makes urethral infections a serious concern. For instance, in May 2023, according to data published by Cleveland Clinic, urethral dilation has a low long-term success rate. Risk includes mild burning or bleeding on passing urine for a short period after the operation, urinary incontinence, extravasation, and among others.

Counterbalance: The market key players should focus on developing low cost urethral dilators.

Figure 2. Global Urethral Dilators Market Share (%), By Usage, 2024

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Top Companies in the Global Urethral Dilators Market

• Braun Melsungen AG
• BD
• Cook Medical
• MED pro Medical BV
• Teleflex Inc.
• UROMED
• Boston Scientific Corporation
• Smiths Medical (ICU Medical)
• Urovision-Urotech; Coloplast

Definition: Ureteral dilators are used for dilation of the urethral strictures and to establish and maintain an access into the bladder via urethra for cystoscopy.