Nephrectomy Market: Worldwide Top Key Players - Karl Storz GmbH & Co.KG (Germany), Olympus Corporation (Japan), Medtronic plc (Ireland), B. Braun Melsungen AG

Market Research Future has a half cooked research report on the global nephrectomy market. Nephrectomy Market Increasing Use of New Treatment of Kidney Cancer and Kidney Diseases Boost Industry Growth By 2023

Nephrectomy is a procedure used for partial or total removal of kidney in case of kidney cancer or kidney diseases such as symptomatic hydronephrosis, chronic infection, polycystic kidney disease, and others. Various producers used during nephrectomy are nephrectomy surgical kits, vascular clamps, suturing needles and others. The healthcare provider may recommend nephrectomy during a kidney transplant as well.

The Global Nephrectomy Market is expected to grow at a CAGR of 5.8% during the forecast period 2017-2023.

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Key Players

Some of key the players in the market are Karl Storz GmbH & Co.KG (Germany), Olympus Corporation (Japan), Medtronic plc (Ireland), B. Braun Melsungen AG (Germany), Stryker Corporation (U.S.), Richard Wolf GMBH (Germany), Ethicon, Inc. (U.S.), Smith & Nephew PLC (U.K.), Cook Medical Incorporated (U.S.), and ConMed Corporation (U.S.), XCELLANCE Medical Technologies (India), and others

Regional Analysis

The Americas dominate the global nephrectomy market owing to availability of technologically advanced medical devices for diagnosis and treatment of kidney disease and increasing patient population for Nephrectomy. As per the National Kidney Foundation, increasing prevalence of diabetes, high blood pressure and heart diseases are major risk factors for kidney failure and other kidney diseases. The market is the U.S. is driven by presence of key players manufacturing surgical instruments and increasing number of nephrology centers.

Europe, the market also exhibits flourishing growth owing to an increasing emphasis on development of medical devices, rising government support for research & development and availability of funds for research. Rising number of specialty services offered by various healthcare providers in Europe also accelerate the growth of the market. For instance, developed economies such as Germany and France are increasing investment in the healthcare domain and are focusing more on hospital infrastructure.
Pacific is the fastest growing nephrectomy market owing to the presence of rapidly developing healthcare technology and high healthcare expenditure. Moreover, increasing patient population in countries such as India is likely to emerge as the fastest growing market across the globe. Furthermore, increasing demand for quality devices in the healthcare is projected to lead the use of advanced equipment, which, in turn, may speed up the market growth in this region.
However, the Middle East & Africa holds the least share of the nephrectomy market due to less availability of funds, limited medical facilities and unavailability technologically advanced medical devices.

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The global nephrectomy market is segmented on the basis of procedure, products, indication, and end user. On the basis of the procedure, it is segmented into laparoscopic surgery, robot-assisted laparoscopic surgery, open surgery, radical nephrectomy and partial nephrectomy. On the basis of the products, it is segmented into nephrectomy surgical kits, vascular clamps, suturing needles and others. On the basis of the indication, it is segmented into kidney cancer and kidney disease. Kidney cancer is further segmented into renal cell cancer, Wilm’s tumour, transitional cell cancer and others. Kidney disease is further segmented into symptomatic hydronephrosis, chronic infection, polycystic kidney disease, hypertension or renal calculus and others. Based on the end user, it is segmented into hospitals & clinics, nephrology center, research institutes, and others.

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