Urology Supplements Market Size Projected To Reach USD 3.04 Billion By 2030Posted by Neha Bora on May 27th, 2024 San Francisco, 27 May 2024: The Report Urology Supplements Market Size, Share & Trends Analysis Report By Type (Multi-ingredient, Single Ingredient), By Application (Urinary Tract Infections, Kidney Health, Prostate Health), By Formulation, By Distribution Channel, By Region, And Segment Forecasts, 2024 - 2030 The global urology supplements market size is anticipated to reach USD 3.04 billion by 2030, expanding at a CAGR of 8.14% from 2024 to 2030, according to a new report by Grand View Research, Inc. This growth is attributed to the rising geriatric population and awareness regarding health and fitness. The COVID-19 pandemic has had a slight negative impact on the urology supplements industry. This is mainly because of the closure of healthcare facilities and postponement of non-emergency procedures, which has contributed to the decline in demand for urology supplements. Moreover, disruption in the supply chain has limited the scope of the market for supplements due to the lesser availability and lockdown in many regions. The aging population is the primary contributor to the growing prevalence of overactive bladder (OAB), as the risk of developing this condition increases with age. Additionally, certain medical conditions including diabetes and urinary tract infections (UTIs) are further expected to increase the risk of developing overactive bladder in an individual. According to an article published by NCBI in May 2023, a study by North American epidemiological indicated that the prevalence of OAB in women has been reported nearly 16% which increases to approximated 30% in women with over 65 years age. Thus, the rising prevalence of overactive bladder is projected to fuel the demand for urology supplements during the forecast period. However, limited scientific evidence is anticipated to hamper the market growth. Although there are some studies that support the benefits of certain urology supplement ingredients, robust clinical trials are needed to solidify their efficacy for specific conditions. Access Research Report of Urology Supplements Market @ https://www.grandviewresearch.com/industry-analysis/urology-supplements-market-report Urology Supplements Market Report Highlights
Urology Supplements Market Report Scope
List of Key Players in the Urology Supplements Market
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