The Kidney Stones Management Devices Market is being driven by Advances in technologies in kidney stones treatment
The Kidney Stones Management Devices Market is expected to grow at a CAGR of 4.5% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 221.6 million. In the realm of urology, significant advancements have been made, particularly in the area of URS (Ureteroscopic Stone Removal). The introduction of digital flexible ureteroscopes represents a major leap forward, addressing the limitations of traditional flexible fiber-optic ureteroscopes. Digital flexible ureteroscopes offer enhanced maneuverability and superior visibility, providing higher clarity and superior magnification capabilities. These advantages enable visualization of the entire collecting system in a greater percentage of cases. Additionally, digital flexible ureteroscopes boast a shorter mean operating time compared to fiber-optic ureteroscopes, while maintaining similar stone clearance rates. The fiber-optic fibers, however, are susceptible to poor durability, increasing the likelihood of breakage during ureteral passage and extreme deflection, such as entry into the lower pole.
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The market is segmented based on segments_for_ai.nslist
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
147 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.5% |
Market growth 2024-2028 |
USD 221.6 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
4.23 |
Key countries |
US, Germany, UK, China, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Kidney Stones Management Market encompasses various devices and technologies for treating kidney stones, including Extracorporeal Shockwave Lithotripsy (ESWL), Lithotripsy devices, Ureteroscopes, and Nephroscopes. Innovations like MONARCH platform and MOSES technology are advancing treatments. Causes of kidney stones involve phosphate and calcium, with an aging population, dietary factors, and public health campaigns influencing prevalence. Devices include Percutaneous Nephrolithotomy, Virtual Reality Simulators, and Laser Technology. Imaging tools like Abdominal X-rays, CT, Ultrasound, Abdominal MRI, and Intravenous Pyelography aid diagnosis. Stone Retrieval Tools complete the treatment process. Kidney stones can be Calcium Oxalate, Calcium Phosphate, Uric Acid, or Struvite.
The Kidney Stones Management Devices market is a significant segment of the global healthcare equipment industry, according to Technavio's market research. This market encompasses innovative technologies such as Extracorporeal Shockwave Lithotripsy (ESWL), Kidney Injury Tests, Lithotripsy Devices, Ureteroscopes, and Nephroscopes. These devices are utilized in the diagnosis and treatment of kidney stones, which are commonly caused by high levels of phosphate and calcium. Technavio's comprehensive analysis of the global healthcare equipment market includes the combined revenue generated by manufacturers of various diagnostic equipment and devices, falling under the categories of capital equipment, instruments, implants, accessories, and consumables. The Kidney Stones Management Devices market is a critical component of the Devices segment within the healthcare equipment industry, contributing to the ongoing advancements and innovation in the diagnosis and treatment of kidney stones.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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