According to Stratistics MRC, the Global Nephrology and Urology Devices is valued at $17.28 billion in 2015 and is expected to grow at a CAGR of 7.2% to reach $28.27 billion by 2022. Rising occurrence of chronic kidney diseases, increased spending on healthcare among the emerging regions and growing aged population across the world are some of the factors favoring the market growth. Moreover, the growing awareness about the benefits of these devices such as abridged recovery and treatment time is also propelling the global market. On the other hand, the high cost linked with these devices hampers the market.
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Some of the key players in global Nephrology and Urology Devices market are Nikkiso Co. Ltd., Boston Scientific, American Medical Systems, LLC, Cook Medical, Olympus Medical Systems, Asahi Kasei Corporation, Rockwell Medical Technologies Inc., Dornier MedTech, Coloplast, Terumo Corporation, Fresenius Medical Care, B Braun Group, Nipro Corporation, Baxter International Inc., NxStage Medical, Inc. and C. R. Bard, Inc.
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