Latest published report on the Kidney stone Management Devices market, found on the Qualiket Research website revealed a great deal about various market dynamics. These driving factors influence the market from a very miniscule level to its holistic standard and can traverse limitations to assist the market achieve a significant growth rate over the analysis period of 2020-2027.
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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 OpenSure 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 center for Urinary Stone Disease Research Network had launched two year clinical trial for determination of ways to prevent recurrence of kidney stone.
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.
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Market key Players
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, and 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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