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What's driving the Kidney Stones Management Market growth? Key Players are: Allengers Medical Systems, Boston Scientific Corporation, Coloplast Group, Olympus Corporation, C.R. Bard, Karl Storz GmbH & Co. KG, Cook Medical

05-24-2019 07:12 AM CET | Health & Medicine

Press release from: marketstudyreport.com

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What's driving the Kidney Stones Management Market growth? Key Players are: Allengers Medical Systems, Boston Scientific Corporation, Coloplast Group, Olympus Corporation, C.R. Bard, Karl Storz GmbH & Co. KG, Cook Medical

Kidney stones management market will exceed USD 2.0 billion by 2024; as per a new research report.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.

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.

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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.

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.

Market Study Report recently published report titled Global Kidney Stones Management Market Report is an in-depth study providing complete analysis of the industry for the period 2017 – 2024. It provides complete overview of Global Kidney Stones Management Market considering all the major industry trends, market dynamics and competitive scenario.

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.

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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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.

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.

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Report Content

Chapter 1. Methodology

1.1. Methodology

1.2. Market definitions

1.3. Forecast parameters

1.4. Data sources

1.4.1. Secondary

1.4.1.1. Paid sources

1.4.1.2. Unpaid sources

1.4.2. Primary

Chapter 2. Executive Summary

2.1. Kidney stones industry 360 degree synopsis, 2013 - 2024

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 Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 - 2024

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 and 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

3.4.1. U.S.

3.4.2. Europe

3.4.3. China

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. Competitive landscape, 2017

3.7.1. Strategy dashboard

3.8. PESTEL analysis

Chapter 4. Kidney Stones Market, By Type

4.1. Key segment trends

4.2. Calcium oxalate

4.2.1. Market size, by region, 2013-2024 (USD Million)

4.3. Calcium phosphate

4.3.1. Market size, by region, 2013-2024 (USD Million)

4.4. Uric acid

4.4.1. Market size, by region, 2013-2024 (USD Million)

4.5. Struvite

4.5.1. Market size, by region, 2013-2024 (USD Million)

4.6. Cysteine

4.6.1. Market size, by region, 2013-2024 (USD Million)

Chapter 5. Kidney Stones Market, By Diagnostics

5.1. Key segment trends

5.2. Abdominal X-ray

5.2.1. Market size, by region, 2013-2024 (USD Million)

5.3. Computed Tomography

5.3.1. Market size, by region, 2013-2024 (USD Million)

5.4. Ultrasound

5.4.1. Market size, by region, 2013-2024 (USD Million)

5.5. Abdominal MRI

5.5.1. Market size, by region, 2013-2024 (USD Million)

5.6. Intravenous Pyelography

5.6.1. Market size, by region, 2013-2024 (USD Million)

5.7. Others

5.7.1. Market size, by region, 2013-2024 (USD Million)

Complete report titled at www.marketstudyreport.com/reports/kidney-stones-managemen...

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