Kidney stones management market Analysis (2019- 2024): Allengers Medical Systems, Boston Scientific, Coloplast, Cook Medical, C. R. Bard, DirexGroup, Dornier MedTech, Elmed Medical Systems, EDAP TMS, Karl Storz, Medispec.

U.S. kidney stones management industry is anticipated to show significant industry growth during the forecast timeframe owing to rising prevalence of kidney stones in the country as well as increasing adoption of minimally invasive surgical procedures. According to National Institute of Diabetes and Digestive and Kidney Diseases, more than 1 million kidney stone cases observed every year in the U.S. Moreover, U.S. witnesses high screening and diagnosis rate due to increased awareness regarding kidney diseases thereby rendering positive impact on kidney stones management industry.

Kidney stones management market will exceed USD 2.0 billion by 2024; as per a new research report.
Increasing prevalence and relapse rate of kidney stones are major impact rendering factors for kidney stones management industry growth. In addition, the technological advancements in the field of Extracorporeal shock wave lithotripsy (ESWL) and ureteroscopy also augment industry growth. Moreover, rising acute diagnostic techniques such as imaging techniques like CT scan that will foster kidney stones management market in upcoming years.

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The key players covered in this study:

• Allengers Medical Systems
• Boston Scientific
• Coloplast
• Cook Medical
• C. R. Bard
• DirexGroup
• Dornier MedTech
• Elmed Medical Systems
• EDAP TMS
• Karl Storz
• Medispec
• Olympus
• Richard Wolf and Siemens Healthineers

Rising patient preference towards development of minimally invasive surgeries for kidney stone diseases is one of the contributing factors for kidney stones management business growth. In addition, increasing awareness regarding overall kidney health will augment kidney stones management business growth in forthcoming years.

For instance, National Kidney Foundation promotes Medicare, Medicaid and health plans. These awareness programs help in encouraging primary care practitioners to improve earlier detection, and management of kidney diseases thereby augmenting business growth. However, potential long-term adverse effects of lithotripsy will hinder the kidney stones management industry growth.

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Calcium oxalate segment was valued at USD 1.2 billion in 2017 and is projected to grow significantly over the forecast timeframe. The growth is attributable to increasing consumption of more amount of oxalate rich food and less intake of fluids leading to stone formation thereby propelling industry growth.

Ultrasound segment will witness 23.4% revenue share in 2017 due to growing prevalence of kidney stone diseases. Moreover, widespread adoption ultrasound technology as a gold standard for diagnosing kidney stones will accelerate the segmental growth in forthcoming years.

Ureteroscopy segment will grow at a 5.5% owing to the technological advancements in ureteroscopes including smaller and flexible ureteroscopes and advanced higher definition cameras. Such rising technological advancements should drive the business growth.

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China kidney stones management market was valued at USD 75.2 million in 2017 and is estimated to experience considerable growth over the coming years owing to rising unmet medical needs coupled with rapidly growing aging population. As per Research Gate Scientific report 2017, the prevalence of kidney stones disease in China was 7.54% in 2017. Rising prevalence of kidney stone diseases ultimately increases the adoption of advanced kidney stones management devices thereby propelling business growth.

Some of the prominent competitors operating in kidney stones management market include Allengers Medical Systems, Boston Scientific Corporation, C.R. Bard, Karl Storz GmbH & Co. KG, Cook Medical, Coloplast Group, Olympus Corporation. Industry competitors are mainly focusing on inorganic strategies such as partnership, merger and acquisitions. These inorganic strategies help in strengthening company?s foothold in kidney stones management market.

Kidney stones management market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2013 to 2024, for the following segments:

Kidney Stones Management Market, By Type (USD Million)

• Calcium oxalate
• Calcium phosphate
• Uric acid
• Struvite
• Cysteine

Kidney Stones Management Market, By Diagnostics (USD Million)

• Abdominal X-ray
• Computed tomography
• Ultrasound
• Abdominal MRI
• Intravenous pyelography
• Others

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