(+1) 614-588-8538 Urology Devices Market Size to Grow at a CAGR of 6.5% During the Forecast Period 2020â2025 Increasing Research and Development Activities and Improvised Hospital Infrastructure Are Further Contributing to the Growth of Urology Devices Market. BriefingWire.com, 3/03/2021 - Urology Devices Market Size in 2019 is estimated to be $35.6 billion, growing at a CAGR of 6.5% during the forecast period 2020-2025. Urology is the branch of medicine that focuses on the diseases of female urinary system and the male reproductive organs. The organs under the domain of urology include the kidneys, adrenal glands, ureters, urinary bladder, urethra, and the male reproductive organs. Urological devices as are used in the treatment of urinary tract diseases. Also, Laparoscopy procedures are performed using urology devices for the diagnosis and treatment of abdomen related medical issues. High incidence of urologic conditions and technological advancement are the major factors driving the growth of the market. Moreover, rising disposable income and advancement of R&D activities further enhance the overall market demand for urology devices during the forecast period 2020-2025.