Market Outlook
Cystectomy is the surgical removal of all or part of the urinary bladder or the removal of a cyst, or the gallbladder.
The market for cystectomy is driven by factors such as growing prevalence of cysts, rupture of bladder due to trauma etc. However, the rise of bladder cancer is the strongest driver of the market. The market constraints are risk of infection which may lead to inflammation of the abdomen membrane. In case of partial cystectomy, there is a risk of urine leakage from the bladder incision site. Other risks include complications and pain associated with cystectomy and cancer recurrence after cystectomy.
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Regional Analysis:
US accounts for the maximum market share due to favorable reimbursement scenario and greater expenditure on healthcare. The faster market uptake of new technology in the US is also an important driver of the market for global cystectomy.
Europe is the second largest market due to large disposable income and rising awareness. Asia Pacific region is expected to have the most future potential and it is estimated to be led by China and India.
The Middle East & Africa market is led by the gulf nations particularly Saudi Arabia and UAE. The regions of Africa are expected to witness a moderate growth due to poor economic and political conditions and poor healthcare penetration.
Key Players:
Key players profiled in the report are Zephyr Surgical Implants, Intuitive Surgical Inc., Advanced Health Care Resources, Millennium Surgical Corp., Richard Wolf Medical Instruments, Boston Scientific Corporation, Titan Medical Inc., Verb Surgical, TransEnterix and others.
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Segmentation:
The global cystectomy market is segmented on the basis of cystectomy types, methodology and end users.
Based on cystectomy types, the market has been segmented as partial cystectomy, simple cystectomy and radical cystectomy.
Based on the methodology, the market has been segmented as open surgery, minimally invasive surgery and robotic surgery Based on the equipment, the market has been segmented as general surgical instruments, diagnostic instruments, surgical robots and others.
Based on the end users, the market has been segmented as hospitals and clinics, urology centers and others.
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