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.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: [email protected]
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.
In a recent business intelligence study, Fact.MR presents the nitty-gritty of the global kidney stone management devices market considering 2013-2017 as the historic year and 2018–2028 as the stipulated timeframe.
The business report highlights the drivers, restraints, opportunities and trends affecting kidney stone management devices market growth.
Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.The kidney stone management devices market study outlines the key regions – Latin America, North America, MEA, Europe and APEJ – along with the countries contributing the most in the respective regions.
The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin.
The kidney stone management devices market report addresses the below-mentioned queries:Why are vendors shifting away from traditional methods of manufacturing kidney stone management devices?How does the global kidney stone management devices market looks like in the next five years?Which end use industry is expected to surpass segment by the end of 2028?What innovative products are being introduced by the players in the global kidney stone management devices market?Which regions are showing the fastest market growth?Global sales of kidney stone management devices are likely to surpass 1 million units by 2028, according to a new Fact.MR study.
In terms of revenues, the study projects the kidney stone management devices market to surpass US$ 1,500 million.You can Request an Example Copy from here - https://www.factmr.com/connectus/sample?flag=S_id=1827Crucial insights in the kidney stone management devices market research:Underlying macro- and microeconomic factors impacting the growth of the kidney stone management devices market.Basic overview of the kidney stone management devices, including market definition, classification, and applications.Scrutinization of each kidney stone management devices market player based on mergers & acquisitions, R projects, and product launches.Adoption trend of kidney stone management devices across various industries.Important regions and countries offering lucrative opportunities to kidney stone management devices market stakeholders.
According to recent Fact.MR study, the Kidney Stone Management Devices market will grow during 2019-2029 period.
Global sales of kidney stone management devices are likely to surpass 1 million units by 2028, according to a new Fact.MR study.
In terms of revenues, the study projects the kidney stone management devices market to surpass US$ 1,500 million.
The Fact.MR study largely attributes the projected growth to technological advancements in manufacturing techniques, and rising demand for products in the sector.An Expert Perspective According to Fact.MR experts, the growth of Kidney Stone Management Devices factors will remain key drivers to growth of the Kidney Stone Management Devices market.
The company leverages information from key stakeholders of information including World Bank, the UNO, WHO, among others to tackle challenges of investing with due diligence, and reliability.
Request to View Sample of Report @ https://www.factmr.com/connectus/sample?flag=S_id=1827An Apt Forecast For the Kidney Stone Management Devices market, Fact.MR has considered 2013 as the base year for projections, while 2018-2028 period as the forecast period.
