Overview:
The kidney stone market is creating quite a ripple
owing to the technological advancements it has seen over the years. This
advancement has made treatments more impactful, and the permeation of
healthcare has eased the integration process of the kidney stone sector across
social strata, inflating the market in the process. The medicinal and
engineering leaps the industry has taken in over the decades made the diagnosis
easier and treatment more reliable. The global kidney
stone management market is expecting a growth of 4.6% CAGR during the
forecast period (2019-2025), reveals Market Research Future (MRFR). Their
published report has its focus on segmental analysis, and factors that can
impact the market in the foreseeable future. Among the major factors,
increasing adoption of the industry-based life and approval of urban ways have
squarely inspired a spurt in cases related to urolithiasis. In addition,
diabetes and kidney stone are diseases that grow in tandem, and diabetes is one
of the most prevalent diseases in the world which gives a glimpse of
possibilities for the kidney stone market in the coming years. At the same
time, minimally invasive surgeries are becoming a trend and they are
cost-effective which makes people rely on it more than before.
On the downside, extracorporeal shock wave
lithotripsy can cause hypertension deterring the kidney stone market prospect
during the forecast period. But a long slumber cannot be expected as other
therapies can steer the kidney stone market out of any further damage.
Segmental
Analysis
The market segmentation of the kidney stone market
comprises of types of test, treatment types, diagnosis options, and regions. By
types of tests, the kidney stone market comprises of cystine stones, uric acid,
struvite kidney stones, and calcium stones. The segmentation on the basis of
treatment types comprises of ureteroscopy (URS), extracorporeal shock wave
lithotripsy (ESWL), percutaneous nephrolithotomy (PCNL), and medications. The
diagnosis options-based segmentation of the kidney stone market comprises of
X-ray, intravenous pyelography (IVP) or intravenous urogram, computed
tomography (CT) scan, and ultrasound. The regional segments included in the
market are Europe, North America, Asia Pacific, and the Middle East and Africa.
Detailed
Regional Analysis
The regional analysis of the kidney stone market
comprises of Europe, North America, Asia Pacific, and the Middle East and
Africa. The North American region is presently leading the global market
portion. The European region has the second place in the market. The Asia
Pacific region has gained the third spot and is projected to display
considerable growth due to the incidence of countries such as China, India, and
Japan. China is leading the region as it is in the top most contributing
position. Though, the contribution from the MEA and the LATAM are the minimum
as their healthcare sector is still undergoing a substantial overhauling
transformation.
Competitive
Analysis
The market has prominently nullified the market
trials and thus is encouraging a boost in the number of companies in the
market. The market is at the topmost production level and will be able to make
better value for the firms in the market and its shareholders. The ability to
utilize the economies of scale is proving to be positive for the market’s
complete growth. The diversification of the product variety in the market is
raising the prospects for the advancement of the market. The organization
inclination in the market is reinforcing the level of expansion that can be
achieved in the current market scenario.
The development patterns are modified in tandem to the customer penchant
to realize the maximum growth, and in the long run, viability.
The top competitors in the kidney stone market are
DirexGroup (Israel), Boston Scientific Corp. (U.S.), Stryker Corp. (U.S.),
Medispec Ltd. (U.S.), Convergent Laser Technologies (U.S.), Storz Medical AG
(Switzerland), C.R. Bard Inc. (U.S.), E.M.S. Electro Medical Systems S.A.
(Switzerland), Cook Medical Inc. (U.S.), Elmed Electronics & Medical
Industry & Trade Inc. (Turkey), Siemens Ltd. (Germany), Olympus Corp.
(Japan), Richard Wolf GmbH (Germany), and others.
Browse
Complete Report@ https://www.marketresearchfuture.com/reports/kidney-stones-market-1745
Industry
Updates:
July 2018 The National Institute for Health and Care
Excellence has published a new draft for guidelines calling for the quicker
treatment of patients with kidney stones feeling severe pain. The Institute is
backing wider admission to a procedure named shockwave lithotripsy (SWL), which
beams soundwaves into the kidneys from outside the body to destroy the stones,
without the need for traditional surgery. According to the recommendations, the
eligible individuals should be offered the procedure within 48-hours of medical
assessment.
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Market Research Future
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Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
NOTE : Our team of
researchers are studying Covid19 and its impact on various industry verticals
and wherever required we will be considering covid19 footprints for a better
analysis of markets and industries. Cordially get in touch for more details.
