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Anti-Retropulsion Devices Market 2024 - By Size, Share, Trends And Growth Prospects 2033
Anti-Retropulsion Devices Market
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According to The Business Research Company's, The anti-retropulsion devices market size has grown strongly in recent years. It will grow from $2.24 billion in 2023 to $2.4 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to the increasing prevalence of kidney stones, demand for minimally invasive procedures, advancements in healthcare infrastructure globally, regulatory approvals and standards evolution, and growth in the aging population.
The anti-retropulsion devices market size is expected to see strong growth in the next few years. It will grow to $3.2 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to the expansion of healthcare infrastructure in emerging markets, regulatory support, expansion of healthcare facilities, growing awareness and education, and a and a shift towards outpatient procedures. Major trends in the forecast period include technological advancements, innovations in device design and materials, robotics and automation, biodegradable devices, and patient-specific solutions.
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Market Drivers and Trends:
The rising prevalence of kidney stones is expected to propel the growth of the anti-retropulsion device market going forward. Kidney stones are solid crystalline mineral deposits that form in the kidneys and can cause severe pain and other symptoms when they obstruct the urinary tract. The increasing occurrence of kidney stones is driven by factors such as dietary changes, sedentary lifestyles, obesity, and genetic predisposition. Anti-retropulsion devices are used to enhance the effectiveness of urological procedures by preventing kidney stone fragments from migrating back towards the kidney during treatment. For instance, in December 2022, as reported in a journal by BioMed Central, a UK-based scientific open access publisher, findings from a study encompassing more than 10,000 individuals aged 40-70 years in Kharameh indicated that the age-standardized prevalence rate (ASPR) of kidney stones was recorded at 21.11%. The ASPR was estimated at 24.13% for men and 18.7% for women in 2022. Therefore, the rising prevalence of kidney stones will drive the growth of the anti-retropulsion device market.
Major companies operating in the anti-retropulsion device market are focusing on design improvements and user-centric innovations, such as vacuum-assisted kidney stone removal devices, to improve patient outcomes and reduce procedural times. Vacuum-assisted kidney stone removal devices are medical tools designed to enhance the efficiency of urological procedures by using suction to capture and remove kidney stones from the urinary tract. For instance, in March 2024, Calyxo, Inc., a US-based medical device company focused on improving care for patients with kidney stones, launched the CVAC System, a comprehensive solution engineered for efficient and effective kidney stone removal, utilizing irrigation and vacuum aspiration to continuously clear stone fragments during and after laser lithotripsy, thereby enabling physicians to achieve stone-free outcomes.
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Major Key Players of the Market:
Johnson & Johnson, Medtronic plc, Fujifilm Holdings Corporation, Becton Dickinson and Company, Boston Scientific Corporation, Olympus Corporation, STERIS Corporation, C.R. Bard Inc., Coloplast A/S, Teleflex Incorporated, Cook Medical Incorporated, Karl Storz SE & Co. KG, Merit Medical Systems Inc., Ambu A/S, Applied Medical Resources Corporation, Gyrus ACMI Inc., Dornier MedTech GmbH, Accordion Medical LLC, Cogentix Medical Inc., Biolitec AG, ROCAMED SAM, blueneem Medical Devices Pvt. Ltd., Elmed Medical Systems Inc., Endotherapeutics Pty Ltd, Maxer Endoscopy GmbH
Anti-Retropulsion Devices Market 2024 Key Insights:
• The anti-retropulsion devices market size is expected to see strong growth in the next few years. It will grow to $3.2 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%.
• Impact Of Rising Kidney Stone Prevalence On The Anti-Retropulsion Device Market
• Technological Advancements Drive Efficiency In Anti-Retropulsion Device Market
• North America was the largest region in the anti-retropulsion devices market in 2023
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