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Kidney Stone Management Devices Market Size 2019: Minimally Invasive Surgeries Note Strong Demand in the Kidney Stone Industry Trends, Share, Growth Insight, Competitive Analysis, Regional Forecast To 2025

December 4th, 2019 Market Research Future Releases

Kidney Stone Market Dynamics

The global kidney stone market could expand at a CAGR of 4.6% during the forecast period (2017-2025), says Market Research Future (MRFR) in its latest report. MRFR predicts that it could surpass the valuation of USD 2,508.01 million.

Latest Free Sample Copy Available @ https://www.marketresearchfuture.com/sample_request/1745

Growth Drivers and Main Barriers

The global kidney stones market has progressed rapidly in the last few years and could maintain immense momentum in the coming years as well. This estimation is backed by the increasing occurrence and recurrence of kidney stones across the globe. Emergence of minimally invasive procedures for removing kidney stones combined with its growing demand by patients could leave a lucrative impact on the market. Increasing cases of urolithiasis and malnutrition are other critical factors elevating the market position.

Technological progress in the field of Extracorporeal Shock Wave Lithotripsy (ESWL) and ureteroscopy favor market growth. On this note, the emergence of flexible ureteroscopes is one of the most crucial milestones in the market that has transformed the ways to treat proximal and intrarenal kidney stones. On top of this, enhanced image quality resulting from high definition cameras as well as digital imaging gives a significant boost to the kidney stone market.

A noteworthy trend in the worldwide kidney stone market is the rising preference for minimally invasive procedures, mostly for laparoscopic, robotic, percutaneous, and ureteroscopic surgeries. Private and public hospitals are now making heavy investments in minimally invasive procedures for treatment of several kidney diseases like kidney stones.

Market Segmentation

The worldwide market for kidney stone has been segmented based on type, treatment type, and diagnosis.

The market, with respect to the type, caters to calcium stones, uric acid, struvite kidney stones, and cystine stones. The calcium stones segment had generated the maximum revenue with a share of close to 52.4% in 2015. The segment could touch the valuation of USD 1,561.7 million by 2022.

Depending on the treatment type, the market is considered for medications, Extracorporeal Shock Wave Lithotripsy (ESWL), Ureteroscopy (URS), and Percutaneous Nephrolithotomy (PCNL). Ureteroscopy can be used for patients that are morbidly obese, have blood clotting disorders, or are pregnant. Hence, based on the rising cases of such disorders, the ureteroscopy segment is expected to lead the market and attain the valuation of USD 989.9 million by 2025.

The diagnosis segment is split into ultrasound, Intravenous Pyelography (IVP) or intravenous urogram, CT scan, and X-ray. Diagnosis using ultrasound is fast and reliable since there is no exposure to radiation. With respect to this feature, the ultrasound segment was identified as the biggest market claiming close to 38.6% and could reach the valuation of USD 1101.6 million by 2025.

Regional Analysis

MRFR has analyzed latest trends in the key regions of Asia Pacific (APAC), Middle East and Africa (MEA), North America and Europe.

North America seized the highest share of 43.9% in 2015 due to the rising prevalence of kidney stones. The booming healthcare sector coupled with technological advancements is presumed to stimulate market growth. Overall, the regional market could arrive at the valuation of USD 1243.3 million by 2022.

Europe market is positioned as the second leading market for kidney stone, in addition to being the fastest expanding market. With the rise in medical advances as well as the availability of minimally invasive treatments, the region is bound to note excellent business growth in the subsequent years.

Asia Pacific stood as the third-highest gaining market for kidney stone in 2015. China claimed the most significant share of 30.1% and is predicted to touch close to USD 155.9 million by 2022. APAC experiences growth in consumerism as well as unhealthy lifestyle which has given rise to kidney stone incidences. Thus, the regional market is expected to rise without facing any challenges in the review period.

Lastly, given the slow economic growth rate and substandard healthcare infrastructure, Middle East, and Africa measures as the smallest market for kidney stone. Yet, the market could note steady growth in the years ahead as a result of improving healthcare infrastructure and facilities along with rise in government support.

Leading Players

The players contributing to the worldwide kidney stone market include Stryker Corp., Convergent Laser Technologies, Cook Medical Inc., Siemens Ltd., Dornier MedTech GmbH, STORZ MEDICAL AG, Elmed Electronics & Medical Industry & Trade Inc., Boston Scientific Corp., Olympus Corp., C.R. Bard Inc., E.M.S. Electro Medical Systems S.A., Richard Wolf GmbH, DirexGroup, Medispec Ltd., to name a few.

Recent Developments

July 2019

CVS Health is planning to start a clinical trial of its HemoCare Hemodialysis System. The system helps facilitate more frequent and more prolonged dialysis treatments, proving to be more beneficial than in-center treatments. This clinical trial helps the company take the next step in its strategy to improve kidney stones diagnosis as well as management.

OBTAIN RESEARCH REPORT DETAILS WITH TOC @ https://www.marketresearchfuture.com/reports/kidney-stones-market-1745

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

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