Press release
Asia-Pacific Kidney Stone Retrieval Devices Market Thrives with Technological Advancements
Inkwood Research predicts that the Asia-Pacific Kidney Stone Retrieval Devices Market, spanning China, Japan, Australia & New Zealand, India, South Korea, and the Rest of Asia-Pacific, is poised for steady growth with a projected compound annual growth rate (CAGR) of 4.86% during the forecast years from 2023 to 2032. The market is expected to reach a revenue share of $959.54 million by 2032, driven by the prevalence of kidney stone-related conditions and the increasing adoption of advanced retrieval devices.Refer to the Report Summary Here:
https://inkwoodresearch.com/reports/asia-pacific-kidney-stone-retrieval-devices-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR
Major players shaping the landscape of the Asia-Pacific Kidney Stone Retrieval Devices Market include Boston Scientific Corporation, Becton, Dickinson and Company, Olympus Corporation, Richard Wolf, Dornier MedTech GmbH, Cook Medical, Walz Elektronik GmbH, Stryker Corp, Coloplast Group (Coloplast A/S), Teleflex Incorporated, and Storz Medical AG.
Kidney stones are a common urological condition, and the demand for effective retrieval devices has risen due to the increasing incidence of kidney stone-related disorders across the Asia-Pacific region. Factors such as dietary habits, lifestyle changes, and genetic predisposition contribute to the prevalence of kidney stones, necessitating advanced medical interventions.
The market growth is underpinned by technological advancements in kidney stone retrieval devices, including endoscopes, lithotripters, and stone baskets. These devices offer minimally invasive procedures for stone removal, reducing patient discomfort and recovery time. The adoption of laser lithotripsy and extracorporeal shock wave lithotripsy (ESWL) techniques has gained traction, contributing to the overall market expansion.
Kidney illness accounted for 2.00% of all fatalities in China in 2020, according to data from the World Health Organization (WHO), underscoring the critical need for effective treatment alternatives. Moreover, the age-dependent incidence of kidney stones highlights the need for state-of-the-art retrieval tools, driving up demand for their creation.
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China, Japan, and India are expected to be key contributors to the Asia-Pacific Kidney Stone Retrieval Devices Market. The rising awareness about urological disorders, improving healthcare infrastructure, and the growing demand for advanced medical treatments are driving the market's growth in these countries.
As healthcare providers and medical device manufacturers focus on enhancing patient outcomes and minimizing procedural complications, the Asia-Pacific Kidney Stone Retrieval Devices Market is poised to witness continued advancements in technology and treatment modalities. This, in turn, is expected to meet the rising demand for efficient and minimally invasive solutions for kidney stone management in the region.
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