Kidney Stones Management Market | Regional Growth Forecast 2020-2025
Category: #headlines  By Ronak Bora  Date: 2020-07-13
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Kidney Stones Management Market | Regional Growth Forecast 2020-2025

According to the latest research report, the global kidney stones management market is expected to record 4.8% CAGR during the forecast period 2019-2025.

The worldwide kidney stones management market share has been traversing along lucrative growth path owing to the rise of effective management devices and advanced treatment alternatives such as extracorporeal shock wave lithotripsy and ureteroscopy. In addition to this, one of the most pivotal factors to have driven the fortunes of this business space is the escalating numbers of patients affected with kidney stones disease.

As per reliable sources, over 10% of the global populace aged between 20 to 60 years is reported to suffer with kidney stone ailment annually. Apparently, these statistics go on to depict the humongous business opportunities awaiting the firms focused on innovating and introducing new devices in the kidney stones management industry.

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Extracorporeal shock wave lithotripsy (ESWL) to emerge as the most profound treatment segment to contribute toward kidney stones management industry

Owing to its non-invasive surgical procedure, the popularity of extracorporeal shock wave lithotripsy (ESWL) treatment has been on the rise over the recent years. The prominent manufacturers partaking in the kidney stones management market have increasingly focused on developing ESWL devices that occupy less space and are highly efficient in targeting sources. Moreover, these devices are now being equipped with electromagnetic and piezoelectric sources for generating shock waves – a factor that has significantly influenced the product landscape of kidney stones management industry.ESWL held close to 55% of kidney stones management market share in 2018.

Speaking in the similar context, the latest trend that has been shaping up the ESWL treatment segment is the rising number of acquisitions that has assisted numerous medical device manufacturers to fortify their presence in kidney stones management market. Citing an instance of the same, the U.S. based Olympus Corporation of the Americas has recently inked a definitive contract to acquire the lithotripsy system design and manufacturing technology from Cybersonics Inc. Apparently, the latest take over, in all likelihood, would assist Olympus to reduce overall costs and authorize the servicing of the devices produced by CyberSonics.

Rapidly developing medical infrastructure, increasing pressure to limit healthcare expenditure, rising number of unmet medical needs, and a significant opportunity to introduce advanced therapeutic technologies are among the major factors impelling the kidney stones management market in developing nations such as China and India. Add to it, numerous medical device behemoths have been focusing on setting up training centers of their equipment and expanding their operations in these nations which has further fueled the growth prospects of this business space.

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With drastic enhancement in image quality due to high-grade digital imaging devices and high-definition cameras, the global kidney stones management market has undergone transformative changes in the past few years. In addition to this, the unveiling of technologically progressive treatment methodologies has further fueled kidney stones management market share which is forecast to surpass USD 2.2 billion by 2025.

Partial Chapter of the Table of Content

Chapter 2.  Executive Summary

2.1. Kidney stones management industry 3600 synopsis, 2014 - 2025

2.1.1.  Business trends

2.1.2.  Type trends

2.1.3.  Diagnostics trends

2.1.4.  Treatment trends

2.1.5.  Regional trends

Chapter 3.  Kidney Stones Management Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2014 – 2025 (USD Million)

3.3. Industry impact forces

3.3.1.  Growth drivers

3.3.1.1.  Increasing prevalence and recurrence rate of kidney stones globally

3.3.1.2.  Advancements in ureteroscopy technique

3.3.1.3.  Favorable reimbursement for lithotripsy procedures

3.3.1.4.  Inclination towards undergoing minimally invasive surgeries

3.3.1.5.  Rising awareness regarding overall kidney health

3.3.2.  Industry pitfalls & challenges

3.3.2.1.  Lack of treatment awareness in certain countries

3.3.2.2.  Potential long-term adverse effects of lithotripsy

3.4. Regulatory landscape

3.5. Growth potential analysis

3.5.1.  By type

3.5.2.  By diagnostics

3.5.3.  By treatment

3.6. Porter’s analysis

3.7. Number of procedure, by treatment, 2014-2025

3.7.1.  Extracorporeal Shock Wave Lithotripsy (ESWL)

3.7.1.1.    North America

3.7.1.2.    Europe

3.7.1.3.    Asia Pacific

3.7.1.4.    Latin America

3.7.1.5.    Middle East and Africa

3.7.2.  Ureteroscopy

3.7.2.1.    North America

3.7.2.2.    Europe

3.7.2.3.    Asia Pacific

3.7.2.4.    Latin America

3.7.2.5.    Middle East and Africa

3.7.3.  Percutaneous Nephrolithotomy (PCNL)

3.7.3.1.    North America

3.7.3.2.    Europe

3.7.3.3.    Asia Pacific

3.7.3.4.    Latin America

3.7.3.5.    Middle East and Africa

3.8. Competitive landscape, 2018

3.8.1.  Strategy dashboard

3.9. PESTEL analysis

Browse full table of contents (TOC) of this report @ https://www.decresearch.com/toc/detail/kidney-stones-management-market

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About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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