Renal Colic Treatment Market: Growing Incidence of Urolithiasis to drive the market
Global Renal Colic Treatment Market: Introduction
Renal colic is a symptom of urinary stones. Renal colic is pain that occurs due to a stone in the urinary tract. The stone stretches the surrounding area of the tissue while trying to pass through, which can be painful. A stone can cause obstruction and hydronephrosis of the ureter, decreasing the rate of ureteral peristalsis, and causing urine to back up into the kidney. As the stone migrates distally and approaches the bladder, the patient may experience dysuria, urinary frequency, urgency, or difficulty in urination. Diagnosis is made through a combination of history and physical exam, laboratory, and imaging studies. Basic metabolic panel (BMP) should be obtained to assess for renal function, dehydration, acid-base status, and electrolyte balance. Symptoms of renal colic include pain in the back, side or groin, blood in the urine, abnormally colored urine, fever, chills, and nausea with or without vomiting. The management of renal stones is by a professional team that consists of a nephrologist, emergency department physician, radiologist, urologist, and a primary care provider.
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Key Drivers of Global Renal Colic Treatment Market
Growing Incidence of Urolithiasis
The incidence and prevalence of urinary stones is rising around the world. Developing countries have been slower to adopt URS technology and continue to use percutaneous nephrolithotomy at a steady rate. Recent decades have seen an increase in the incidence and prevalence of pediatric urolithiasis. According to Asian Journal of Urology, in Asia, about 1%–19.1% of the population suffer from urolithiasis. The prevalence of urolithiasis is 5%–19.1% in West Asia, Southeast Asia, South Asia, as well as some developed countries (South Korea and Japan), whereas, it is only 1%–8% in most part of East Asia and North Asia. The worldwide prevalence, incidence, and composition of calculi have changed in the last several decades, with prevalence ranging from 7% to 13% in North America, 5%–9% in Europe, and 1%–5% in Asia.
Rise in Minimally-invasive Diagnosis
Development and deployment of modalities lead to invention of many minimally invasive therapeutic procedures. The future of imaging information for guidance of minimally invasive interventional procedures is in multimodality fusion. For instance, the power of image monitoring is in the application of energy for minimally invasive ablation of renal colic treatment. A number of other transformative innovations in multi-modality image guidance are significantly advancing the practice and benefit of minimally invasive therapies. This factor is expected to drive the renal colic treatment market in the near future.
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North America to Account for Major Share of the Global Renal Colic Treatment Market
- North America is projected to account for major share of the global renal colic treatment market during the forecast period. The market in the region is anticipated to grow at a rapid pace in the next few years due to increase in research & development and various government initiatives for the development of novel ideas. Europe is expected to be the second largest market for renal colic treatment during the forecast period.
- The renal colic treatment market in Asia Pacific is likely to expand at a high CAGR during the forecast period. This can be attributed to rise in investment in research & development by private & government organizations and increase in health care management.
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Key Players Operating in Global Renal Colic Treatment Market
The global renal colic treatment market is highly consolidated owing to the presence of a number of key players. Leading players operating in the global renal colic treatment market include:
- Boston Scientific Corporation
- Convergent Laser Technologies
- Siemens Healthcare GmbH
- C.R. Bard Inc.
- Cook Medical Inc.
- Dornier MedTech GmbH
- Richard Wolf Medical Instruments Corporation
- Olympus Corporation
- Stryker Corporation
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