Kidney Stone Management Market Overview:
A kidney stone Management Market is the formation of hard substances in the kidney due to the excess presence of chemicals in the urine. Factors such as improper diet, obesity, genetic health conditions, or side effects of certain medications are responsible for the cause of kidney stones.
The Kidney Stone Management Market is projected to grow at a significant pace reaching a CAGR of approximately 5.2%, over the forecast period of 2022–2030, despite a considerable fall in product sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.
In a recent research report by Market Research Community, the Kidney Stone Management Market is expected to surpass USD 3.1 Billion by the year 2030, from USD 2.3 Billion in 2021.
Top Key Players of the Kidney Stone Management Market:
The report includes a regional analysis and country analysis with the latest trends, along with the major key players including Cook Medical Inc., Boston Scientific Corporation, Olympus Corp., C.R. Bard Inc., STORZ MEDICAL AG, Richard Wolf GmbH, Lumenis, EDAP TMS, DirexGroup.
The percutaneous nephrolithotomy treatment type is anticipated to grow at the fastest CAGR during the estimated period. Owing to the minimally invasive approach for treatment and removal of larger kidney stones in a single setting coupled with reduced need for multiple surgeries.
Europe is expected to have the second largest market share in the increased kidney stone management market in the forecast period. The factors such as the rise in healthcare infrastructure development and increased numbers of kidney disease incidences are the major contributors to the growth of the kidney stone management market in the region.
Type Covered in This Report Are:
Calcium Oxalate Stones
Uric Acid
Struvite kidney stone
Cystine Stones
Calcium Phosphate Stones
Regional Analysis:
North America– (U.S., Canada, Mexico)
Europe- (Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe)
Asia Pacific- (China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific)
Latin America- (Brazil, Argentina, Chile, Rest of Latin America)
Middle East and Africa- (GCC, Turkey, Israel, Rest of MEA)
The study is consolidated into major segments and further into sub-segments, such as by type(calcium oxalate stones, uric acid, struvite kidney stones, cystine stones, calcium phosphate stones), treatment type (medications, extracorporeal shock wave lithotripsy, ureteroscopy, percutaneous nephrolithotomy), diagnosis, ultrasound, intravenous pyelography, CT scan, x-ray, others), Kidney Stone Management Market Outlook, end-use (hospitals, specialty clinics, and ambulatory surgical centers), to forecast the market size by value; also includes the analysis of past dynamics from 2016 – 2021, considering 2021 as the base year.
The research provides answers to the following key questions:
· What is the estimated growth rate of the market for the forecast period 2022 - 2030? What will be the market size during the estimated period?
· What are the key driving forces responsible for shaping the fate of the Kidney Stone Management during the forecast period?
· Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Kidney Stone Management?
· What are the prominent market trends influencing the development of the Kidney Stone Management across different regions?
· What are the major threats and challenges likely to act as a barrier in the growth of the Kidney Stone Management?
· What are the major opportunities the market leaders can rely on to gain success and profitability?
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