The report includes the key driving forces prevailing in the Global Kidney stone Management Devices Market. This part of the report has been studied keeping in mind the political, economic, social, technological, geographical, and cultural scenario of the Global Kidney stone Management Devices Market. These factors can be projected to have their effects on the market, or they can have interconnected impacts. Besides, subtle change in the time frame within which these factors are functioning might have ripple effects on the Global Kidney stone Management Devices Market.
Kidney stone is the most common urological disease which is also known as Urolithiasis which involves stone formation in the bladder, urinary tract, and kidney. Decreased urine volume and increased excretion of stone forming substances like calcium, cysteine, Urate, oxalate, xanthine and phosphate. Kidney stone management devices are used to diagnose and treat urolithiasis.
The rise in product launches and ongoing research on prevention and treatment of kidney stones is the key driving factor which is expected to boost the global kidney stone management devices market growth. Also, growing technological advancements will positively contribute the market growth. For instance, in 2016 Boston Scientific had launched its new kidney stone retrieval device in United State and Europe known as Dakota Stone Retrieval device. It is specifically designed to work with kidney stones of multiple sizes ranging from 1mm to 10mm. This device is based on Open Sure Handle Technology that allows it to release complex, large stone to help reduce procedure time. Furthermore, ongoing research and developments in the field of prevention and effective treatment of kidney stone management is expected to propel the market growth. For instance, in 2017, DCRI (Duck Clinical Research Institute), scientific data research centre for Urinary Stone Disease Research Network had launched two year clinical trial for determination of ways to prevent recurrence of kidney stone.
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However, lack of treatment awareness specifically in underdeveloped countries is the major challenging factor which is expected to hinder the global kidney stone management devices market growth during this analysis period. Also, long term adverse effects of lithotripsy will affect the market growth.
Market key Players
The report has presented a synopsis of the market players leading the Global Kidney stone Management Devices Market. Porter’s five forces model has been used here to analyze the performance of each key player under different parameters.
Various key players are discussed in this report such as
- Bard Medical Division,
- Allengers Medical Systems,
- Coloplast Group,
- Boston Scientific Corporation,
- Electro Medical Systems,
- Cook Medical,
- Lumenis Ltd,
- Dornier Medtech,
- Storz Medical AG,
- Richard Wolf GmbH.
By Product Type
- Retrieval Devices
By End User
- Ambulatory Surgical Centers
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
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