Press release
Kidney Stone Market Competitors Research Analysis 2019: Olympus Corporation of the Americas, Boston Scientific, Stryker, Coloplast, BD, Lumenis, Dornier MedTech, Siemens, Richard Wolf GmbH, Medispec
The Exhaustive Study for “Global Kidney Stone Market” Research Report is added on databridgemarketresearch.com database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.Global Kidney Stone Market 2019-2026:
This report studies the global market size of kidney stone in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of kidney stone in these regions.
The global kidney stone market is expected to rise from its initial estimated value of USD 1,901.28 million in 2018 to an estimated value of USD 2,652.50 million by 2026 registering a CAGR of 4.25% in the forecast period of 2019-2026. This rise in the market can be attributed to the increasing prevalence of kidney stones and growing geriatric population.
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Key Developments in the Market:
• In May 2018, Dornier MedTech introduced Dornier Delta III SmartLitho at the annual meeting of American Urology Association. This product provides analytic algorithm for helping urologists to make evidence-based decisions for the treatment.
• In April 2018, Olympus signed an agreement with Cybersonics for acquiring lithotripsy system design & production technology. This strategy would enable the company for improving clinical outcomes, enhance the patient’s quality of life and reduce overall costs.
Market Definition:
Kidney stones are referred to as salt and mineral deposits which arise inside the kidneys. Kidney stones are made up of calcium-oxalate and they can also be composed of numerous other compounds like cysteine, uric acid and struvite among others. Individuals of all age groups can be affected by kidney stones; however, they are mainly found in people among the ages of 20 to 40. Their presence in the urinary tract is called as urolithiasis, while in the ureter it is known as ureterolithiasis.
Market Drivers:
• Rising fast food consumption in developing regions has increased the kidney stone market demand
• Advancement of minimally invasive surgeries in the industry will act as a major market driver
Market Restraints:
• Lack of awareness regarding treatment of kidney stones in underdeveloped countries is acting as a major restraint for the market
• Long term adverse effects of lithotripsy will hamper the kidney stones industry
For More Insights Get Detailed TOC: https://databridgemarketresearch.com/toc/?dbmr=global-kidney-stone-market
Global Kidney Stone Market Segmentation:
• By Type
1. Calcium Oxalate
2. Calcium Phosphate
3. Uric Acid
4. Struvite
5. Cysteine
• By Diagnostics
1. Abdominal X-ray
2. Computed Tomography Scan
3. Ultrasound
4. Abdominal MRI
5. Intravenous Paleography
6. Others
• By Treatment
1. Extracorporeal shock wave lithotripsy
2. Ureteroscopy
3. Percutaneous Nephrolithotomy
4. Others
• By Geography
1. North America
2. South America
3. Europe
4. Asia-Pacific
5. Middle East and Africa
Key Market Competitors:
• Olympus Corporation,
• Cook,
• Richard Wolf GmbH,
• Boston Scientific Corporation,
• KARL STORZ SE & Co. KG,
• Stryker,
• Coloplast Group,
• BD,
• Allengers,
• Lumenis,
Few of the major market competitors currently working in the kidney stone market are EMS, Dornier MedTech, DirexGroup, Medispec, Convergent Laser Technologies, Siemens Ltd., EDAP TMS, Sonomotion and New Star Lasers, Inc.
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