Global Kidney Stone Market to Grow at a CAGR of 4 % During the Forecasted Period 2018-2022

Global kidney stone market to grow at a CAGR of 4 % during the forecasted period 2016-2022. Ultrasounds commands the largest market share of 38.4 % of Global kidney stone market. The market for Ultrasounds was valued at USD 874.3 million in 2016 and expected to reach at USD 1101.6 million by 2022.

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Kidney stone is a urinary tract disorder in which there is a formation of a solid stone like component. Different types of chemical and substances are dissolved in urine. Kidney stone occurs when the excess of the waste chemical is dissolved in urine which led to formation of the stone like item. Many type of treatment and diagnosis method are available for kidney stones. The major driving factor for the growth of the kidney stone market are increasing prevalence of kidney stones, increasing awareness, acceptance of endoscopic surgical procedures with healthcare development facilities and promising reimbursement arrangement.

Global kidney stone market has been segmented on the basis of diagnosis into ultrasound, intravenous pyelography (IVP) or intravenous urogram, CT scan and X-ray. On the type the market is segmented as calcium, uric acid, struvite and cysteine. On the basis of treatment the market is segmentes as Medications, Extracorporeal Shock Wave Lithotripsy (ESWL), Ureteroscopy (URS), percutaneous nephrolithotomy (PCNL) and others. And on the basis of region the market is segmented as North America, Europe, Asia Pacific and Middle East and Africa.

Global kidney stone market on the basis of diagnosis is growing rapidly. Ultrasounds segment accounted for the largest market share in 2015 which is expected to reach USD 1101.6 million by 2022 from USD 874.3 million in 2015. CT scan segment is the fastest growing segment, which is growing at the fastest CAGR of 4.8 % during the forecast period from 2016 - 2022.

North America accounted for the largest market share of kidney stone market for diagnostic method, registering USD 6,329.3 million in 2015 and expected to reach at USD 1243.3 million by 2022 North America captured the largest market share of 43.9% in the global kidney stone market in 2015 and is expected to reach $1243.3 million by 2022. The European market on the other hand is expected to grow at a fastest CAGR of 4.7% from 2016 to 2022. Asia-Pacific region is the fastest growing region which is expected to grow at a CAGR of 4.9% during forecasted period from 2016-2022.

Key Questions Answered In This Report:

What will the market size and what will the growth rate be?

What is driving this market?

What are the key market trends?

What are the challenges to market growth?

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Global kidney stone market statistical report published by Market Research future contains a brief overview of Global kidney stone market. Ultrasounds commands the largest share and is expected to grow continuously during the forecasted period of 2016-2022. The report analyzed the global kidney stone market and presents systematic data of market share on the basis of country, type, and industry and its growth rate for 2015 to 2016, along with forecast till 2022.

Market Research future through this report aims to provide understanding of the Global kidney stone market on the basis of country, type, and industry and also assists identification of ongoing trends along with anticipated growth during the forecasted period. For this report, extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted and interviewed to get an idea of global kidney stone market.

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