What is Kidney Stone Management Devices Market Scope?
Kidney stones are hard deposits that are usually formed in the kidneys and cause pain as they pass through the ureter and bladder. The obvious symptoms of a kidney stone are back or abdominal pain, blood in the urine, nausea, and vomiting. Kidney stones occur when the urine contains uric acid, oxalate, and calcium in greater than normal amounts. Diseases such as urinary tract infections, hyperparathyroidism, and medullary sponge kidneys, among other things, further increase the risk of nephrolithiasis. Treatment for kidney stones includes medical therapy to remove the hard buildup from the body. Additionally, drinking enough water and pain relievers provides immediate relief from kidney stone problems. However, in severe cases, adequate symptom management and hospital treatment are required. The availability of various treatment options, including ureteroscopy and extracorporeal shock wave lithotripsy, is fueling the overall business expansion.
The Kidney Stone Management Devices market study is being classified by Type (Lithotripters, Stone Removal Devices and Ureteral Stents), by Application (Hospitals and Ambulatory Surgical Centers) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Players from European will contribute to the maximum growth of Global Kidney Stone Management Devices market throughout the predicted period.
Olympus Corporation (Japan), E.M.S. Electro Medical Systems (Switzerland), Stryker Corporation (United States), Coloplast (Denmark), C. R. Bard Inc. (United States), Karl Storz (Germany), Lumenis (Israel), Siemens Healthineers (Germany), DirexGroup (Germany), Boston Scientific Corporation (United States), Elmed Medical Systems (Turkey), EDAP TMS (France), Dornier MedTech (Germany) and Medispec (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Richard Wolf GmbH (Germany), Cook Medical LLC (United States), Convergent Laser Technologies (United States) and Storz Medical AG (Switzerland).
Analyst at AMA have segmented the market study of Global Kidney Stone Management Devices market by Type, Application and Region.
On the basis of geography, the market of Kidney Stone Management Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In March 2020, Lumenis announced the clinical evidence and benefits in treating lithotripsy and benign prostatic hyperplasia (BPH) using MOSES technology. This technology uses a high-energy laser to destroy kidney stones. MOSES is easy to use and helps clinicians break the stones without injuring surrounding tissue with minimal bleeding.
Influencing Market Trend
- Growing Patient Awareness Regarding Advanced Medical Devices
- The Increasing Healthcare Spending By Emerging Economies
- Increasing Prevalence and Recurrence Rate Of Kidney Stones Globally
- Inclination towards Undergoing Minimally Invasive Surgeries
- High Percentage of Recurrence of Kidney Stone
- Rising Awareness Regarding Overall Kidney Health
- Improving Health Care Infrastructure
- Advancements in Ureteroscopy Technique
- Favorable Reimbursement Policies
- Potential Long-Term Adverse Effects of Lithotripsy
- Lack of Treatment Awareness in Certain Countries
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Manufactures of Kidney Stone Management Devices, Suppliers and Distributors of Kidney Stone Management Devices, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
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