Global Kidney Stone Management Devices Market growing at a CAGR of 4.8% from 2023 to 2030
Category : Medical Devices | Published Date : Aug 2023 | Type : Press Release
Key Market Overview
Consegic Business Intelligence analyzes that the kidney stone management devices market is predicted to grow at a compound annual growth rate of 4.8% from 2023 to 2030 and is expected to reach USD 2,505.11 million in 2030 which was valued at USD 1,724.51 million in 2022.
The report highlights the increasing adoption of kidney stone management devices for the diagnosis of kidney stones, which is proliferating global market growth. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the kidney stone management devices market.
Global Kidney Stone Management Devices Market By Overview
The kidney stone management devices market is bifurcated into stone type, product type, treatment type, and end user. Based on stone type the market is segmented into calcium oxalate, uric acid, struvite, and cystine. In 2022, the calcium oxalate segment will dominate the overall kidney stone management devices market. The product type segment is categorized into lithotripters, stone retrieval devices, urinary stents, and others. In 2022, the lithotripters segment accounted for the highest market share in the kidney stone management devices market. The treatment type segment is categorized into shock wave lithotripsy (SWL), ureteroscopy (URS), percutaneous nephrolithotomy (PNL), and others. In 2022, the shock wave lithotripsy (SWL) segment accounted for the highest market share in the kidney stone management devices market. Based on end user the market is segmented into hospitals, specialty clinics, ambulatory surgery centers, and others. In 2022, the hospitals segment accounted for the highest market share in the kidney stone management devices market.
Get Free SampleMarket Dynamics
Driver:
- The increasing prevalence of kidney stone disease is accelerating market growth.
- The growing preference for non-invasive procedures is increasing the demand for kidney stone management devices.
Restraints:
- The high cost of kidney stone management devices is posing a major bottleneck for market growth.
Market Segmentation:
| Report Attributes | Report Details |
| By Stone Type | Calcium oxalate, Uric acid, Struvite, and Cystine |
| By Product Type | Lithotripters (Ultrasonic, Ballistic, Combination lithotripters, and Electrohydraulic lithotripters), Stone retrieval devices, Urinary stents, and Others |
| By Treatment Type | Shock wave lithotripsy (SWL), Ureteroscopy (URS), Percutaneous nephrolithotomy (PNL), and Others |
| By End User | Hospitals, Specialty Clinics, Ambulatory Surgery Centers, And Others |
| By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Competitive Landscape :
The market is dominated by certain major companies such as Boston Scientific Corporation, Becton, Dickinson, and Company, Cook Medical, Olympus, and STORZ MEDICAL AG have a strong market position in current market circumstances. Further, the kidney stone management devices market is expected to witness significant growth in the coming years due to the rising disposable income among consumers and technological advancements such as minimally invasive techniques. The market players compete for a firm market position through mergers and acquisitions, product innovations, and business strategies. Thus, evolving research and developments are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various end-use industries.
- Boston Scientific Corporation
- Becton, Dickinson and Company
- Olympus
- Cook Medical
- STORZ MEDICAL AG
- Coloplast Corp
- DirexGroup
- EDAP TMS
- Inceler Medikal Co. Ltd.
- Dornier MedTech.
