The demand for kidney stones management systems is predicted to grow at a fast pace on account of surging kidney stone cases across the world led by changing urban lifestyle.
The demand for kidney stones management systems is predicted to grow at a fast pace on account of surging kidney stone cases across the world led by changing urban lifestyle. Kidney stones are common among general public and can be caused due to growing prevalence of protein, oxalate, sugar or sodium in a regular diet.
They mainly occur due to the formation of crystal in kidneys, which are generally aggravated by multiple physicochemical events like nucleation, supersaturation, retention of urinary stone constituents and aggregation within tubular cells. The chances of recurrence of kidney stones are substantially high and difficult to prevent. As a result, a significant section of the population usually needs superior quality treatment and diagnosis to clear their kidney stones.
Rising public awareness about the significance of kidney health and kidney stones treatment could positively influence industry outlook over the coming years. Global Market Insights, Inc., forecasts that the kidney stones management market might hit the USD 2 billion mark by 2025.
Mentioned below are a few of the growth factors augmenting kidney stones management industry size:
Mounting demand for ultrasound diagnosis -
Ultrasound comes as a non-invasive diagnostic solution that utilizes a transducer to analyze the severity of the disease. Earlier in 2018, the segment controlled almost 20% of the overall market revenue share and is currently expected to witness noteworthy growth during the analysis period. Ultrasound can be performed without major complexities and it able to emits zero-radiation. Growing need for a treatment option that ensures enhanced patient comfort as well as eliminates the risk of harmful radiations could boost the global kidney stones management market growth in the future.
The need for new and improved diagnostic tools has influenced several medical device manufacturers to form strategic alliances. Citing an instance, EDAP TMS SA announced that it has inked an exclusive worldwide distribution deal with Exact Imaging, a company focused on creating micro-ultrasound, high-resolution imaging technologies. As per the deal, EDAP will commercialize Exact Imaging’s diagnostic devices as well as its Focal One HIFU (high intensity focused ultrasound) treatment system.
To access sample pages of this report titled, “Kidney Stones Management Market Size By Type (Calcium Oxalate, Calcium Phosphate, Uric Acid, Struvite, Cysteine), By Diagnostics (Abdominal X-ray, Computed Tomography, Ultrasound, Abdominal MRI, Intravenous Pyelography), By Treatment (Extracorporeal shock wave lithotripsy, Ureteroscopy, Percutaneous Nephrolithotomy), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents, please click on the link below:
https://www.gminsights.com/request-sample/detail/2603
Promising opportunities across Japan -
Demographic trends like surging geriatric populations that are susceptible to kidney disorders coupled with rapid increase in healthcare expenditure could stimulate the demand for kidney stones treatments across Japan. Back in 2018, the regional market had attained a valuation of more than USD 95 million, and is expected to maintain steady growth over the predicted timeframe.
Implementation of lucrative business strategies -
Companies operating in the kidney stones management industry are emphasizing on a number of strategies like product innovations or strategic alliances to develop efficient products and enhance their market presence. Taking November 2020 for instance, Alnylam Pharmaceuticals Inc. revealed that the U.S. drug regulator, the Food and Drug Administration (FDA), has approved OXLUMO™ (lumasiran) injection, a first-ever therapy for treating primary hyperoxaluria type 1 (PH1).
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