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Kidney Stone Retrieval Devices Market 2023 : By Share Analysis, Key Emerging Players, Outlook Report 2032
Kidney Stone Retrieval Devices Market
The Business Research Company's Kidney Stone Retrieval Devices Global Market Report 2023 identifies high prevalence of chronic kidney diseases as the major driver for the Kidney Stone Retrieval Devices market's growth in the forecast period. Chronic kidney diseases refer to a diverse range of conditions that affect the structure and operation of the kidneys. Poor diet, sedentary behavior, obesity, smoking, and excessive alcohol use all contribute to the growth of renal problems.
The global kidney stone retrieval devices market is expected to grow from $2.58 billion in 2022 to $2.74 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The kidney stone retrieval devices market is expected to reach $3.39 billion in 2027 at a CAGR of 5.4%.
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Major competitors in the Kidney Stone Retrieval Devices market are Siemens Healthineers AG, Becton Dickinson and Company, Stryker Corporation, Quanta System, Boston Scientific Corporation.
A key trend in the Kidney Stone Retrieval Devices market includes product innovation. Major companies operating in the kidney stone retrieval device market are developing innovative products to strengthen their position in the market. For instance, in June 2020, Olympus Corporation, a Japan-based medical device company, launched the Soltive SuperPulsed laser system for Urology based on a Thulium fiber laser. This system can enable precise soft tissue cutting with noticeably enhanced hemostasis in half the time it takes other laser systems to remove stones. The Soltive SuperPulsed Laser System (Soltive Laser System) is intended for soft tissue applications and stone lithotripsy.
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The Kidney Stone Retrieval Devices market is segmented -
• By Product: Lithotripters, Stone Removal Baskets, Ureterorenoscopes, Ureteral Stents, Other Products
• By Cause: Hypercalciuria, Diabetes, Osteoporosis, Obesity, Other Causes
• By Treatment: Extracorporeal Shock Wave Lithotripsy, Percutaneous Nephrolithotripsy, Intracorporeal Ureteroscopy
• By End-User: Hospitals And Clinics, Ambulatory Surgery Centers, Specialty Clinics
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Kidney Stone Retrieval Devices market.
The Business Research Company's "Global Kidney Stone Retrieval Devices Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Kidney Stone Retrieval Devices Market Include:
1. Executive Summary
2. Kidney Stone Retrieval Devices Market Characteristics
3. Kidney Stone Retrieval Devices Market Trends And Strategies
4. Kidney Stone Retrieval Devices Market - Macro Economic Scenario
5. Global Kidney Stone Retrieval Devices Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
…………………………………………………………………………
32. Global Kidney Stone Retrieval Devices Market Competitive Benchmarking
33. Global Kidney Stone Retrieval Devices Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Kidney Stone Retrieval Devices Market
35. Kidney Stone Retrieval Devices Market Future Outlook and Potential Analysis
36. Appendix
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