Cystectomy Market Overview
Cystectomy Market Size was valued at USD 0.9 Billion in 2023. The Global Cystectomy industry is projected to grow from USD 1.0 Billion in 2024 to USD 4.3 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.90% during the forecast period (2024 - 2032).Cystectomy is the surgical removal of all or part of the urinary bladder or the removal of a cyst, or the gallbladder.
The cystectomy market 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.
Study objectives:
- To provide a detailed analysis of the market structure along with estimated future growth forecast for the next six years about various segments and sub-segments of the Cystectomy market
- To provide insights about factors affecting the market growth
- To analyze the Cystectomy market based on various factors - Price Analysis, Supply Chain Analysis, Porter’s Five Force analysis etc.
- To provide past and estimated future revenue of the market’s segments and sub-segments with respect to four main geographies and their countries - the Americas, Europe, Asia Pacific along with Middle East & Africa
- To provide country level analysis of the market with respect to the current market size and future growth prospects
- To provide country level analysis of the market which includes segmentation by cystectomy types, methodology, by equipment and end users.
- To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape of the market
- To track and analyze developments which are competitive in nature such as joint ventures, strategic alliances, mergers and acquisitions, new product developments along with research and developments that are currently taking place in the cystectomy markets
Research methodologyIntended Audience
- Global Cystectomy solutions, manufacturers & suppliers
- Research and development (R&D) companies
- Hospitals and clinics
- Academic institutes and universities
Figure 1 Cystectomy Market by Methodology, 2016 (% Market Share)
Cystectomy Market Segmentation
The 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.
Cystectomy Market 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 of Cystectomy Market
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
The report for Cystectomy Market by Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size with respect to value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of the different market segments and regions.
Report Attribute/Metric |
Details |
Market Size |
2032: USD 4.3 Billion |
CAGR |
6.90% (2024-2032) |
Base Year |
2023 |
Forecast Period |
2024-2032 |
Historical Data |
2021 |
Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Cystectomy Types, Methodology and End Users |
Geographies Covered |
North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors |
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 |
Key Market Opportunities |
New product launches and R&D Amongst major key Players |
Key Market Drivers |
Growing prevalence of cysts, rupture of bladder due to traumaThe quicker uptake of new technology |
Cystectomy Market Highlights:
Leading companies partner with us for data-driven Insights.
Kindly complete the form below to receive a free sample of this Report