Nephrectomy Market Report 2018-2023 Karl Storz, Medtronic, Stryker, Cook Medical Incorporated and B. Braun Melsungen

Market Synopsis:

Nephrectomy is a surgical procedure that is performed on the individuals suffering from diseases that damages their kidneys. The increasing prevalence of kidney cancer, symptomatic hydronephrosis, polycystic kidney disease and other renal diseases is majorly driving the expansion of the global nephrectomy market.

The development and improvement in various types of nephrectomy procedures such as laparoscopic surgery, robot-assisted laparoscopic surgery, open surgery, radical nephrectomy and partial nephrectomy is building the confidence of individuals undergoing nephrectomy on the effectiveness of the procedure, which in turn is fueling the growth of the global nephrectomy market.

Nephrectomy procedure is also performed during the process of kidney transplant. Increasing number of individuals suffering from kidney diseases and kidney failures due to high alcohol consumption and as a result of chronic diabetes is inducing high demand for nephrectomy, resulting in the expansion of the global nephrectomy market. Increasing incidences of organ failure, mainly kidney failure, due to congenital heart diseases and coronary artery diseases is another major factor driving the growth of the global nephrectomy market.

The increasing expenditure on healthcare services by the individuals in developed and developing regions and proliferation in the geriatric population around the world is anticipated to fuel the growth of the global nephrectomy market during the forecast period.

However, high cost related to the procedure, lack of awareness and poor healthcare infrastructure in the underdeveloped regions are likely to create hindrance in the growth of the global nephrectomy market during the forecast period. The global nephrectomy market is expected to grow at a CAGR of 5.8% during the forecast period 2017-2023.

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Nephrectomy Market – Top Players

• Karl Storz GmbH & Co.KG (Germany)
• Olympus Corporation (Japan)
• Medtronic plc (Ireland)
• B. Braun Melsungen AG (Germany)
• Stryker Corporation (U.S.)
• Richard Wolf GMBH (Germany)
• Ethicon, Inc. (U.S.)
• Smith & Nephew PLC (U.K)
• Cook Medical Incorporated (U.S.)
• ConMed Corporation (U.S.)
• XCELLANCE Medical Technologies (India), and others.

Global Nephrectomy Market – Regional Analysis

The Americas nephrectomy market is expected to show extensive growth owing to increasing of patient population with kidney cancer, and technological advancement in the healthcare also accelerates the market growth. North America is the largest market whose growth is driven by increasing healthcare spending, and increasing government support for research & development will boost the market growth. Furthermore, extensive use of laparoscopic instruments and concentration of key players influence in the market growth.

Europe holds the second largest share of the global market with Germany, France and U.K exhibiting progressive growth. The increasing demand for technological advanced laparoscopic devices and increasing investment in healthcare industry for development of diagnostic and treatment services in European region will fuel the growth of the market. Additionally, rising awareness about renal failure and kidney cancer will boost the European market.

Asia Pacific is the fastest growing nephrectomy market. Japan holds a major share of the regional market due to the rapid development of medical device industry and huge healthcare spending. The market in the emerging economies such as India and China is driven by rising demand for laparoscopic surgeries and huge patient population with chronic kidney diseases. Rapidly developing economy, increasing healthcare expenditure and government initiatives for research & development will drive the market. Furthermore, increasing investment by biotechnology and pharmaceutical industries in research & development and rising need for the better treatment methods drive the growth of the market.

The Middle East & Africa hold the least share of the global market due to limited availability of medical facilities. The UAE, Saudi Arabia, and Kuwait are expected to drive the Middle East & African market whereas, the African region is expected to witness a moderate growth.

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Global Nephrectomy Market – Segmentation:

The global nephrectomy market has been segmented on the basis of procedure, products, indication and others. Based on procedure, the nephrectomy market is segmented into laparoscopic surgery, robot-assisted laparoscopic surgery, open surgery, radical nephrectomy and partial nephrectomy. Based on products, the nephrectomy market is segmented into nephrectomy surgical kits, vascular clamps, suturing needles and others. Based on indications, the nephrectomy market is segmented into kidney cancer and kidney diseases. Based on end-user, the nephrectomy market is segmented into hospitals & clinics, nephrology center, research institutes, and others.

Major TOC of Nephrectomy Market Research Report- Global Forecast till 2023

1 Introduction
2 Research Methodology
3 Market Dynamics
4 Market Factor Analysis
5 Global Nephrectomy Market, By Procedure
6 Global Nephrectomy Market, By Product
7 Global Nephrectomy Market, By Indication
8 Global Nephrectomy Market, By End-User
9 Global Nephrectomy Market, By Region
10 Competitive Landscape
11 Company Profile
12 MRFR Conclusion

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