Nephrolithiasis Treatment Devices Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
- Transparency Market Research
- Healthcare IT
In nephrolithiasis or kidney stone disease, the patient develops calculi from chemicals such as calcium oxalate, which precipitate out of urine within the renal pelvis and the tubular lumen. An estimated 10% people in the U.S. develop kidney stone at some point in their lives. As per the data published by the National Institute of Diabetes and Digestive and Kidney Diseases, in the U.S., every year, nearly half million people visit emergency rooms and three million people visit health care providers for kidney stone. This puts significant economic burden exceeding nearly US$ 5.0 Bn every year. The global nephrolithiasis treatment devices market is witnessing steady growth, owing to factors such as rising prevalence of lifestyle-related diseases, increasing geriatric population, and innovations in medical devices leading to improved efficacy of minimally invasive products. Rising number of education programs for urologists to enhance their skills in minimally invasive procedures, expanding reimbursement coverage for kidney stone treatment in developing countries, and growing prevalence of kidney stone worldwide are likely to drive the global nephrolithiasis treatment devices market during the forecast period. However, increase in the operative time due to stone migration and limited access to surgeries requiring experienced urologists are some of the factors projected to restrain the global nephrolithiasis treatment devices market during the forecast period.
The global nephrolithiasis treatment devices market can be categorized based on kidney stone type, technique, product type, end-user, and region. In terms of kidney stone type, the global nephrolithiasis treatment devices market can be divided into calcium, struvite, uric acid, and cysteine. Based on technique, the market can be segmented into lithotripsy, ureteroscopy, percutaneous nephrolithotomy, stent placement, and others. The lithotripsy segment has been sub-divided into mechanical lithotripsy, laser lithotripsy, electrohydraulic lithotripsy (EHL), ultrasonic lithotripsy, and extracorporeal shock wave lithotripsy (ESWL). Based on product, the global nephrolithiasis treatment devices market can be classified into ureteroscopes, lithotripters, ureteral guidewires, ureteral stents, ureteral catheters, retrieval devices, percutaneous access & drainage devices, access sheaths, laser fibers, holmium lasers, anti-retropulsion devices, and others. Based on end-user, the global nephrolithiasis treatment devices market can be divided into hospitals, specialty clinics/urological clinics, and ambulatory surgical centers.
Geographically, the global nephrolithiasis treatment devices market can be classified into five regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific is expected to expand at a relatively higher growth rate, in terms of value, during the forecast period. This is attributable to factors including, but are not limited to, rising geriatric population, improving health care infrastructure, and growing prevalence of nephrolithiasis in the region. North America is likely to dominate the global nephrolithiasis treatment devices market during the forecast period, due to cutting-edge technological innovations in minimally invasive procedures for the treatment of kidney stones, increasing funding for research and development by institutes as well as leading market players, availability of suitable reimbursement policies, and higher cost of devices in the region.
Increasing number of collaboration and co-development agreements between major market players and regional distributors for overseas distribution with an objective of strengthening their market position is a rising trend among these key players operating in the global nephrolithiasis treatment devices market. Increase in the number of medical education programs for physicians as well as nurses with an objective of increasing the strength of skilled employees, especially in rural areas of developing regions, is an excellent growth opportunity for the global nephrolithiasis treatment devices market.
Key players operating in the global nephrolithiasis treatment devices market are KARL STORZ Group, Boston Scientific Corporation, C. R. Bard, Inc., Accordion Medical, Medtronic, Stryker Corporation, COOK MEDICAL LLC, Dornier MedTech, DirexGroup, and Richard Wolf GmbH.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.
More from Healthcare IT
Healthcare ITGlobal mHealth Market Research Report 2016
Pharmaceuticals and HealthcareGlobal Bionic Ears Market Professional Survey Report 2017
Pharmaceuticals and HealthcareNeuropsychiatric Disorder Cluster Drug Development Pipeline Review, 2017
Pharmaceuticals and HealthcareHepatitis Drug Development Pipeline Review, 2017