Nephrostomy Devices Market Growth to be Driven by Technological Advancements 2027
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Nephrostomy Devices Market: Drivers and Restraints
Rising incidence of kidney stone is the primary factor driving the growth of global nephrostomy devices market. Moreover, increasing incidence of ovarian cancer, bladder cancer, prostate cancer etc. increasing incidence of post-operative infection in kidney transplant patients are some of the prominent factors fueling the growth of nephrostomy devices market. However, alternative procedures such as ureteral stenting and challenges to percutaneous nephrostomy are the factors hindering the growth of global nephrostomy devices market.
Nephrostomy Devices Market: Segmentation
Tentatively, the global nephrostomy devices market has been segmented on the basis of product type, end user, and geography.
Based on product type, the global nephrostomy devices market is divided into following:
Other Accessories (bags, needles etc.)
Based on retail end user, the global nephrostomy devices market is segmented as below:
Ambulatory Surgical Centers
Nephrostomy Devices Market: Overview
The global market for nephrostomy devices is highly fragmented with presence of local and regional players. However, global players are expected to account for over 70% of the share in the global nephrostomy devices market. Launch of new techniques such as balloon dilation catheter with patented multilayer technology is expected to create traction in the global nephrostomy devices market. Among all products, nephrostomy catheters segment is expected to contribute maximum market share over the forecast period.
Nephrostomy Devices Market: Regional Wise Outlook
Geographically, global nephrostomy devices market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America is expected to be the leader in global nephrostomy devices market owing to increasing incidence of reproductive cancers. The market in Asia Pacific and Japan is expected to grow at significant CAGR due to increasing presence of local players in countries such as China and India. Europe is expected to take second largest share in the global nephrostomy devices market.
Nephrostomy Devices Market: Key Players
Some of the major players in the global nephrostomy devices market are Boston Scientific Corporation, Teleflex Incorporated, Angiodynamics Inc. Cardinal Health Inc., C. R. Bard, Inc., Ameco Medical Industries, Cook Medical, Envaste Limited, Medi-globe Corporation, Argon Medical Devices, Inc., Gohar Shafa Medical Devices, Merit Medical Systems, Inc., and others.
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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