Europe to Remain at the Epicenter of Kidney Stone Management Devices Market Growth

Kidney Stone Management Devices Market Registers Accelerated Growth as Preference for Minimally Invasive Surgeries Increases

The latest research report by Fact.MR on kidney stone management devices market is intended to offer reliable data on various factors shaping growth of the market. It uncovers various trends and opportunities affecting the demand across leading segments including product type, end user and region.

Fact.MR – A Market Research and Competitive Intelligence Provider: As per the latest Fact.MR analysis, the global kidney stone management devices market is forecast to register a healthy compound annual growth rate (CAGR) between 2021 and 2031.

The growth in kidney stone management devices market is attributed to the rising incidence of kidney stone disease (nephrolithiasis), increasing risk of kidney disease in geriatric population, and preference for minimally invasive procedures.

Kidney stone disease is a common disorder that affects millions of people worldwide. According to the American Urology Association (AUA), kidney stone disease affects nearly 1 in 11 people in the U.S. at some point in their lives. This is expected to increase the demand for proper treatment and therapeutic procedures.

According to the report, the demand for procedures such as percutaneous nephrolithotomy (PCNL) is gaining traction. PCNL is a minimally invasive surgical technique which is used for removing renal stones. It is mostly used for larger stones, where procedures such as extracorporeal shock wave lithotripsy are ineffective.

Introduction of new techniques and devices has revolutionized kidney stone management procedures. Researches are being conducted to develop innovative devices that could eliminate the risk and complications during the kidney stone treatment.

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For instance, in March 2021, UC Irvine (UCI) researchers developed a breakthrough device that prevents injury when kidney stones are treated through ureter. The handheld instrument, developed by UCI researchers, combines a catheter with a sensor to monitor and control the force used to place a protective sheath for kidney stone removal, eliminating ureteral injuries.

As per Fact.MR, ureteroscopes emerged as most preferred devices for kidney stone management in 2020. They are minimally invasiveness of ureteroscopes and have a high success and low recurrence rate. Moreover, availability of disposable and digital flexible options will support their adoption worldwide.

Regionally, Europe dominates the kidney stone management devices market as a result of increasing governmental support, rising geriatric population, and expanding healthcare infrastructure.

“Various initiatives launched by public and non-profit organizations to improve the quality of care and treatment offered to patients suffering from kidney-related conditions will create lucrative growth opportunity for the market. Besides this, ongoing technological advancements and research and development activities will improve the sales prospects,” says the Fact.MR analyst.

Key Takeaways from Kidney Stone Management Devices Market Survey

• Europe is expected to dominate the kidney stone management devices market with a healthy market share in 2021.
• North America will remain the second largest market for kidney stone management devices market as a result of increasing investments in healthcare infrastructure and continuous product innovations.
• With high prevalence of kidney stone diseases, favorable reimbursement policies and presence of leading players, the U.S. will emerge as a lucrative market for kidney stone management devices during the forecast period.
• Demand for ureteroscopes across various end user will continue to witness huge upsurge.
• Based on end user, hospitals segment is forecast to witness the highest demand for kidney stone management devices during the forecast period.

Key Drivers

• Rising prevalence of kidney stone disease worldwide is driving the kidney stone management devices market.
• Growing demand for minimally invasive procedures is anticipated to increase the sales of renal stone management devices.
• Technological advancements in the kidney stone removal devices such as introduction of laser-based lithotripsy devices will create lucrative growth opportunities for the market players.

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Competitive Landscape

Key players operating in the kidney stone management devices market are focusing on expanding their product portfolio. They are continuously investing in research and development activities to develop innovative devices for better treatment.

• In July 2020, Lumenis Ltd., the world’s largest energy-based medical device company for aesthetic, surgical and ophthalmic applications launched MOSES 2.0, the next generation of the versatile, patented MOSES platform that is redefining urology care.
• In March 2019, UCI Health unveiled their new system for the noninvasive treatment of kidney stones. Surrounded by high voltage boxes, foot-pedal controls and sleek computers, UCI Health’s kidney stone pulverizer is an innovative device that can be effective in retrieving the kidney stones with ease.
• In September 2018, Boston Scientific launched a new kidney stone retrieval device that allows a single urologist to operate both an ureteroscope and a basket simultaneously during the procedure, performed via flexible ureteroscopy.

Some of the prominent players operating in the kidney stone management devices market profiled by Fact.MR are:

• Siemens Healthineers AG
• Dornier MedTech (Subsidiary of Accuron MedTech)
• Lumenis Ltd.
• STORZ MEDICAL AG
• Inceler Medikal Co. Ltd.
• DirexGroup
• Medispec Ltd.
• EDAP TMS S.A.
• GEMSS Co., Ltd.
• Richard Wolf GmbH.

More Insights on the Global Kidney Stone Management Devices Sales Outlook

Fact.MR provides an unbiased analysis of kidney stone management devices market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2018-2028. The study divulges compelling insights on the global demand for kidney stone management devices with a detailed segmentation on the basis of:

Product Type

• Lithotripsy Devices

- Intracorporeal Lithotripsy Devices

- Extracorporeal Lithotripsy Devices

• Ureterscopes
• Nephroscope

End User

• Hospitals
• Ambulatory Surgical Centers
• Specialty Clinics

Region

• North America
• Latin America
• Europe
• CIS & Russia
• Asia Pacific Excluding Japan (APEJ)
• Japan
• Middle East & Africa

Key Questions Covered in the Kidney Stone Management Devices Sales Outlook Report

• The report offers insight into kidney stone management devices demand outlook for 2018-2028
• The market study also highlights projected sales growth for kidney stone management devices market between 2018 and 2028
• Kidney stone management devices market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
• Kidney stone management devices market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others

Explore Fact.MR’s Coverage on the Healthcare Domain –

Lithotripsy Devices Market- Because of its relative safety, low cost, quick recovery time, and positive patient outcomes, lithotripsy is a prominent procedure for treating kidney stones. As a result, all of these factors have contributed to the growth of the Lithotripsy Devices market. The growing use of minimally invasive approaches in general surgery, as well as their lower risk of complications when compared to open surgical procedures, is predicted to increase demand for lithotripsy equipment. Laser procedures, for example, are becoming more common, which is projected to boost market growth.

Polycystic Kidney Disease Treatment Market- Increased incidence of ADPKD globally, rising frequency of kidney failure, and attractive reimbursements in developed nations are expected to fuel the growth of the polycystic kidney disease treatment market. Furthermore, rising healthcare expenditure and rising awareness in developing nations are likely to fuel the growth of the polycystic kidney disease treatment market. Government funding in emerging countries and an increase in research and development activities for polycystic kidney disease treatment are also driving the market for polycystic kidney disease treatment.

Urology Devices Market- The rising prevalence of urological disorders has resulted in an increase in urological treatment demand. Furthermore, the global demand for various urological treatments is predicted to rise as the world’s geriatric population grows. Urological illnesses such as kidney stones, urine incontinence, bladder cancer, stress incontinence, and hematuria continue to have an impact on the global urology device market. During the projected period, the worldwide urinary devices market is expected to develop due to an increase in the prevalence of stress incontinence.

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