Artificial Intelligence
Revolutionizing Urological Care: Urology Lasers Market Poised for Exponential Growth with Innovative Technologies and Global Demand Surge, Set for Remarkable CAGR of 9.0% by 2033 | FMI
NEWARK, Del, July 25, 2023 (GLOBE NEWSWIRE) — The Urology Lasers Market is experiencing rapid expansion within the medical industry, driven by cutting-edge laser technologies designed for treating urological conditions. This market’s remarkable growth can be attributed to advancements in technology, the integration of telemedicine solutions, and the growing popularity of minimally invasive procedures. These transformative innovations are reshaping urological care, leading to improved precision, better patient outcomes, and increased accessibility to specialized consultations. As the industry continues to evolve, the potential for further advancements promises to revolutionize urology treatments and elevate patient care to new heights.
The market for urology lasers is expected to reach US$ 2.6 Billion in 2033, up from US$ 1.1 Billion in 2023, with a 9.0% CAGR from 2023 to 2033. The global urology lasers market is expected to grow significantly, owing to an increase in the prevalence of urology disorders worldwide and a growing preference for non-invasive surgical procedures.
The urology lasers market is experiencing a significant surge, fueled by remarkable technological advancements and the increasing integration of telemedicine solutions.
These pioneering progressions are revolutionizing the field by enhancing precision, improving patient outcomes, and enabling remote consultations and monitoring.
The market is witnessing a dynamic shift as urologists embrace innovative laser technologies and leverage telemedicine platforms, resulting in improved access to care, streamlined workflows, and expanded treatment options for urological conditions.
The combination of cutting-edge innovations and the growing adoption of telemedicine solutions are propelling the urology lasers market to new heights of growth and transforming the landscape of urological care.
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Advancements in laser technology have played a pivotal role in transforming urological surgeries. Laser systems offer improved precision, allowing surgeons to target specific tissues and minimize damage to surrounding areas.
The integration of advanced imaging modalities, such as ultrasound and fluoroscopy, further enhances accuracy and enables real-time visualization during procedures.
Laser devices have found applications in multiple urological procedures, including the treatment of kidney stones, benign prostatic hyperplasia (BPH), bladder tumors, and urethral strictures.
The ability to perform minimally invasive surgeries with urology lasers has reduced hospital stays, faster recovery times, and improved patient outcomes. Patients can now benefit from less post-operative pain, minimal scarring, and a quicker return to normal activities.
The urology lasers market is poised for significant growth in the coming years, driven by technological advancements, the rise of minimally invasive surgeries, the increasing prevalence of urological disorders, and the integration of telemedicine solutions.
Key market players are actively investing in research and development activities to enhance the capabilities of urology lasers further and expand their applications. However, challenges such as the high costs of urology laser devices and procedures, safety concerns, and a lack of awareness about laser treatments still need to be addressed.
Collaborations between industry stakeholders, regulatory bodies, and healthcare professionals play a crucial role in overcoming these challenges and unlocking the market’s full potential.
Key Takeaways From Urology Lasers Market:
- China is likely to exhibit a CAGR of 8.9% in the urology lasers industry, showcasing strong growth potential.
- The market in the United States of America demonstrates robust growth with a CAGR of 9.0% from 2023 to 2033.
- The United Kingdom’s urology lasers industry is projected to secure a steady CAGR of 8.7% during the projected period.
- The benign prostatic hyperplasia segment is likely to secure an 8.8% growth rate from 2023 to 2033.
- The holmium laser-type segment is expected to be at the forefront of the market with an 8.9% CAGR from 2023 to 2033.
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Top Competition Landscape in the Urology Lasers Industry:
The competition landscape in the urology lasers industry is characterized by intense rivalry among key market players.
- Boston Scientific Corporation
- Cook Medical Incorporated
- Healthtronics, Inc.
- Jena Surgical GmbH
- Karl Storz GmbH & Co.Kg
Several prominent companies actively engage in research and development activities to introduce innovative urology laser devices and expand their product portfolios.
Strategic collaborations, mergers, and acquisitions are common strategies employed to gain a competitive edge. Furthermore, companies focus on enhancing their market presence through extensive marketing and promotional activities.
With a growing demand for urology lasers, market players strive to establish strong distribution networks, foster partnerships with healthcare facilities, and provide comprehensive customer support and training programs.
Recent Developments in the Urology Lasers Market:
Miniaturization of Laser Devices: Manufacturers have made significant strides in miniaturizing urology lasers, allowing for less invasive procedures and improved patient comfort. The development of compact and portable laser devices has enabled healthcare professionals to perform precise treatments with greater maneuverability.
Advancements in Laser Fiber Technology: Recent innovations in laser fiber technology have led to the development of more efficient and durable fibers. These improved fibers deliver higher energy levels, resulting in enhanced tissue ablation capabilities and reduced procedure times.
Integration of Robotics and AI: The integration of robotics and artificial intelligence (AI) into urology lasers has revolutionized surgical precision and automation. Robotic-assisted laser procedures offer superior accuracy and enable surgeons to perform complex operations with enhanced control and minimal invasiveness.
Telemedicine Solutions: The rise of telemedicine platforms has facilitated remote consultations, preoperative assessments, and postoperative follow-ups. Telemedicine solutions have expanded access to urology specialists and allowed patients in remote areas to receive expert guidance and care.
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Segmentation Analysis Of Urology Lasers Market:
By Laser Type:
- Holmium
- Thulium
- Diode
- Others
By Application:
- Benign Prostatic Hyperplasia
- Urolithiasis
- Non-Muscle Invasive Bladder Cancer (NMIBC)
- Others
Explore FMI’s Extensive ongoing Coverage in Healthcare Domain:
Urinary Bag Market Size: The global urinary bag market is poised to surpass US$ 1,899.3 million by 2023, surging at a remarkable CAGR of 4.4% through 2033 to reach US$ 2,911.7 million.
Urinary Tract Infection (UTI) Treatment Market Share: The urinary tract infections market is predicted to grow at 2% CAGR through 2032.
Urinary Antibacterial And Antiseptic Pharmaceuticals Market Growth: The urinary antibacterial and antiseptic pharmaceuticals market is likely to register a CAGR of 4.3% during the forecast period. The market is estimated to be valued at US$ 44.2 Bn in 2022 and likely to be valued at US$ 67.34 Bn by 2032.
Urinary Collection Device Market Trend: The global urinary collection device market was valued at around US$ 2.6 Billion at the end of 2021. The market is projected to register a 5.2% CAGR and top a valuation of US$ 4.4 Billion by 2032.
Urinary Tract Infection Testing Market Forecast: Urinary tract infection is one of the most common bacterial infections affecting almost 150 million people worldwide. Urinary tract infection mostly occurs in the urinary tract which is caused by bacteria, viruses, and fungi.
Nephrology and Urology Incontinence Devices Market Analysis: The nephrology and urology incontinence devices market is expected to record a CAGR of 4.1% during the forecast period, up from US$ 38 Bn in 2021 to reach a valuation of US$ 46.4 Bn by 2026.
Urology Imaging Systems Market Sales: Sales in the global Urology Imaging Systems Market are slated to top US$ 391.6 Mn in 2022. Expanding at a healthy 3.7% CAGR, the market size is projected to total US$ 486.4 Mn by 2028.
Benign Prostatic Hyperplasia (BPH) Prostate Treatment Market Outlook: Standing at a net worth of US$ 30.04 Bn in 2022, the global benign prostatic hyperplasia (BPH) prostate treatment market is anticipated to attain a valuation of US$ 39.5 Bn by the end of 2028.
CO2 Medical Laser Systems Market Volume: The global CO2 medical laser systems market is set to reach US$ 550.01 million in 2023. Overall sales of CO2 medical laser systems are likely to surge at 10% CAGR, taking the forecasted market valuation to US$ 1,426.59 million by the end of 2033.
Female Stress Urinary Incontinence Treatment Devices Market Application: Currently, the global female stress urinary incontinence treatment devices market is valued at US$ 702.4 Million and is expected to expand at a high CAGR of 6.2% (2022 to 2029) to end up with a market of US$ 1.07 Billion by the end of 2029.
About Future Market Insights (FMI):
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.
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Artificial Intelligence
Securden Recognized as a Market Leader in GigaOm Radar Report for Enterprise Password Management
Securden has become a leader and an outperformer with cutting-edge features, rapid market advancements, and consistent customer value.
WILMINGTON, Del., July 4, 2024 /PRNewswire/ — Securden, Inc., a leading provider of privileged access and identity security solutions, today announced that it has been recognized as a leader and outperformer in GigaOm Radar Report for Enterprise Password Management.
GigaOm rigorously evaluates vendors in various solution segments and produces Radar reports with valuable insights to assist enterprise decision-makers in evaluating and investing in solutions.
The GigaOm Radar 2024 on Enterprise Password Management examined 13 enterprise password management solutions. “Securden is positioned in the innovation quadrant. It offers a strong solution, and its approach is to take its customers on a journey to broader PAM, with password management simply one focus area. It scored well across all of the decision criteria we evaluated, placing it as a leader, and its execution of the emerging features and rate of progress in the market classify it as an Outperformer,” states the report.
Securden has earned top ratings in key evaluation criteria, including platform security, security auditing, PAM capabilities, ease of management, ease of use, and scalability.
“We are proud to be recognized as a market leader in Enterprise Password Management by GigaOm Radar,” said Bala Venkatramani, CEO of Securden, Inc. “Protecting various identities used by humans and machines is a top priority for IT teams. Our platform offers a comprehensive privileged identity security solution, witnessing rapid adoption by SMBs and Enterprises globally. With innovation at the core, we are committed to offering simplicity and affordability in cybersecurity. This recognition affirms our strong market presence and our focus on providing powerful capabilities to strengthen our customers’ security posture.”
Securden offers robust protection for the vault with controls like access hardening, resilient deployment, and strong data protection approaches. It offers insights into password usage, identifies poor practices, flags failure to follow password standards, issues breach warnings identifying compromised passwords, and more. These measures significantly help reduce password-related risks.
Streak of Recognition
EMA Research, a top industry analyst firm, recently published an impact brief recognizing the Securden Unified PAM MSP platform as a groundbreaking development in privileged access management for MSPs. “By eliminating the need for disparate PAM solutions and providing comprehensive functionality within a single package, Securden empowers MSPs to deliver robust, scalable, and secure PAM services to their clients with unparalleled efficiency and confidence,” states the impact brief.
About Securden
Securden provides leading privileged access governance and identity security solutions that uniquely combine critical security principles to prevent cyberattacks, malware propagation and insider exploitation. With products designed for security and scalability (Password Vault for Enterprises, Unified PAM, Endpoint Privilege Manager, and Unified PAM MSP), Securden is trusted by organizations worldwide, including large financial institutions, government agencies, healthcare organizations, educational institutions, IT service providers, MSPs, and manufacturing companies. For more information, visit https://www.securden.com.
Media ContactJames [email protected]
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Artificial Intelligence
Managed Security Services Market Forecast to Exceed USD 101.86 Billion by 2031 Due to Escalating Security Concerns | SkyQuest Technology
WESTFORD, Mass., July 4, 2024 /PRNewswire/ — According to SkyQuest, the global Managed Security Services Market size was valued at USD 26.89 billion in 2022 and is poised to grow from USD 31.18 billion in 2023 to USD 101.86 billion by 2031, growing at a CAGR of 15.95% during the forecast period (2024-2031).
The global managed security services market has been growing rapidly, over the last couple of years, due to the increasing security threats or risks and increasing challenges in managing security over IT networks. It’s impossible to ignore the fact that small businesses face relentless cyberattacks, including malware, ransomware, advanced threats, advanced persistent threats, and data breaches, leading to remote and hybrid operations systems.
Download a detailed overview:
https://www.skyquestt.com/sample-request/managed-security-services-market
Managed Security Services Market Overview:
Report Coverage
Details
Market Revenue in 2023
USD 31.18 billion
Estimated Value by 2031
USD 101.86 billion
Growth Rate
Poised to grow at a CAGR of 15.95%
Forecast Period
2024–2031
Forecast Units
Value (USD Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
Service Type, Type, Organization Size, Security, Type and Industry Vertical
Geographies Covered
North America, Europe, Asia Pacific, and the Rest of the world
Report Highlights
Updated financial information / product portfolio of players
Key Market Opportunities
Surge in Demand for Managed Detection and Response (MDR) Service
Key Market Drivers
Cyber Threats are Growing Complex
Segments covered in Managed Security Services Market are as follows:
Service TypeManaged IAM, managed vulnerability management, managed risk and compliance, managed detection and response, managed firewall, and managed SIEM and log management, othersTypeFully managed, co-managedOrganization SizeSmall and medium-sized enterprises, Large enterprisesSecurity TypeNetwork security, cloud security, endpoint security, application security, othersIndustry VerticalBFSI, government, healthcare & life sciences, telecommunications, IT and ITeS, Retail and eCommerce, energy and utilities, manufacturing, and other verticalsRequest Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/managed-security-services-market
Rapid Responders: Incident Response Services
Managed detection and response are the large segment in the managed security services market. Managed detection-response services provide continuous improvement, threat detection, and response capabilities critical to today’s enterprises facing sophisticated cyber threats. This segment is characterized by the increasing prevalence and importance of cyberattacks advanced threat detection and response strategies beyond traditional security measures. The ability of the MDR service to provide comprehensive analysis of security incidents and take corrective action quickly is essential to minimize potential damage and ensure business continuity.
Managed identity and access management is the fastest growing segment in the market. The rising growth in this sector is driven by the need for robust stakeholder solutions in an era of digital transformation and remote collaboration. The rise of cyber threats and increasing regulatory requirements for data security and privacy and the main drivers of this segment.
Data Guardians: Data Protection Services
The global market recognizes the dominant position of the entire service management segment. This dominance is largely due to the scope of this role, in which companies assume full responsibility for an organization’s security programs from security providers, especially those without in-house security expertise or resources. These roles cover a wide range of security measures, including threat identification, incident response, compliance management and continuous monitoring. Adoption rates are also driven by the increasing complexity of cyber threats, which require a strong, 24/7 monitored security measure that only specialized providers can provide further strengthening its position as the largest market share.
In addition to the dominance of fully managed services, the advanced management segment is growing the fastest in the global market. This increase is driven by hybrid security models that offer a collaborative approach between internal IT teams and external security providers.
View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/managed-security-services-market
Safeguarding Tomorrow’s Digital Frontiers
As businesses and organizations take on the cyber panorama in terms of severe, MSS vendors remain vigilant guards, the use of advanced era and professional insights. Managed Security Services (MSS) have emerged as the cornerstone of present-day cybersecurity strategies, presenting strong protection in opposition to threats in a more and more digital international.
Related Report:
Cyber Security Market
Network Security Market
Endpoint Security Market
Cloud Security Market
Application Security Market
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.
Contact:Mr. Jagraj SinghSkyquest Technology1 Apache Way,Westford,Massachusetts 01886USA (+1) 351-333-4748Email: [email protected] Our Website: https://www.skyquestt.com/
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Artificial Intelligence
Industrial Internet of Things (IIoT) Market is Expected to Surpass USD 191.6 Billion Valuation by 2031, Rise of Automation in Manufacturing to Boost Expansion| SkyQuest Technology
WESTFORD, Mass., July 4, 2024 /PRNewswire/ — According to SkyQuest, the global Industrial Internet of Things (IIoT) Market was valued at USD 102.48 Billion in 2022 and is expected to rise from USD 109.86 Billion in 2023 to reach a value of USD 191.6 Billion by 2031, at a CAGR of 7.2% during the forecast period (2024-2031).
The rapid adoption of smart manufacturing practices in multiple industries and growing demand for automation have set the tone for industrial internet of things (IIoT) market growth. IIoT devices and solutions are specifically designed to enhance industrial operations and promote operational efficiency and productivity as well. Advancements in IoT and IoT connectivity technologies are also slated to create new business scope for industrial internet of things (IIoT) companies in the future. The global industrial internet of things (IIoT) market is segmented into component, technology, connectivity technology, software, vertical, and region.
Download a detailed overview:
https://www.skyquestt.com/sample-request/industrial-internet-of-things-iiot-market
Industrial Internet of Things (IIoT) Market Overview:
Report Coverage
Details
Market Revenue in 2023
$ 109.86 billion
Estimated Value by 2031
$ 191.6 billion
Growth Rate
Poised to grow at a CAGR of 7.2%
Forecast Period
2024–2031
Forecast Units
Value (USD Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
Component, Technology, Connectivity Technology, Software and Vertical
Geographies Covered
North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Report Highlights
Development of novel blockchain AI solutions that give benefits of both technologies involved
Key Market Opportunities
Adoption of Smart Initiatives
Key Market Drivers
Implementation of IPV6
Segments covered in Industrial Internet of Things (IIoT) Market are as follows:
ComponentHardware, Platform, Solution, and ServicesTechnologySensor, Radio Frequency Identification (RFID), Industrial Robotics, Distributed Control System and OtherConnectivity TechnologyWired Technology and Wireless TechnologySoftwareVisualization Software, SCADA, Distribution Management System, Farm Management Systems and OtherVerticalManufacturing, Energy, Oil & Gas, HealthCare, Retail, Transportation, Metal & Mining, AgricultureRequest Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/industrial-internet-of-things-iiot-market
Hardware Components Slated to Bring in Most Revenue Owing to Development of IIoT Infrastructure
Industrial internet of things (IIoT) requires specialized connected devices made from dedicated sensors and controllers. Growing investments in the development of new IIoT infrastructure are projected to bolster the demand for hardware components and allow this segment to lead the market in terms of revenue generation. Advancements in connectivity technologies are also predicted to bolster the demand for novel IIoT hardware components across the forecast period and beyond.
Meanwhile, industrial internet of things (IIoT) companies can also invest in the development of novel platforms and services to strengthen their business potential. The need for IIoT platforms and services will only get stronger by the day as the adoption of IoT technology in industrial settings increases.
Manufacturing to Take the Crown for Industrial Internet of Things (IIoT) Sales Owing to the Rise of Smart Factories
The manufacturing industry vertical is estimated to take center stage when it comes to industrial internet of things (IIoT) adoption. High demand for better productivity and operational efficiency in manufacturing facilities is estimated to make this segment a highly lucrative one. From remote monitoring to predictive maintenance, all of these features can only be added to a manufacturing facility through the use of industrial internet of things (IIoT). Energy and oil & gas industry verticals are also forecasted to provide moneymaking opportunities for industrial internet of things (IIoT) companies in the future as digitization increases in them. Apart from these industry verticals, industrial internet of things (IIoT) providers can also explore retail, healthcare, agriculture, and transportation industry verticals to maximize their business scope and boost revenue generation going forward.
View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/industrial-internet-of-things-iiot-market
Wireless Connectivity to Gain Prominence with the Advent of 5G Technology
Advancements in technology have created novel wireless technologies used for connected devices. The need for the elimination of wires is projected to drive the demand for wireless connectivity in industrial internet of things (IIoT) devices. 5G is the key wireless connectivity technology that is projected to help the wireless segment become the most rewarding for market players over the coming years.
Industrial internet of things providers will need to choose their strategies carefully if they want to succeed in this business. Industrial internet of things (IIoT) companies can get good returns on their investments if they target the manufacturing industry as the trend of automation catches up. Developing new IIoT hardware devices and components will also help industrial internet of things (IIoT) companies expand their business potential on a global level.
Related Reports:
Internet Of Things (IoT) Market
IoT Security Market
Narrowband-IoT (NB-IoT) Market
Consumer IoT Market
Internet of Things (IoT) in Smart Cities Market
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.
Contact:Mr. Jagraj SinghSkyQuest Technology1 Apache Way,Westford,Massachusetts 01886USA (+1) 351-333-4748Email: [email protected] Our Website: https://www.skyquestt.com/
Logo: https://mma.prnewswire.com/media/2446095/SkyQuest_Logo.jpg
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