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Kidney Stones Management Device Market

Kidney Stone Management Device Market - By Product Type, By Application,By End User & Global Region - Market Size, Trends, Opportunity, Forecast 2020-2025

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  • Status : Ongoing
  • Published on: Nov 2019
  • Report ID: KDMI-1714
  • Available Format: PDF/Execel/DOC
  • Delivery Time: 24-48 hrs

Stone formation within the kidney is known as urolithiasis and is the most frequent, common and painful urological disease or disorder.

The primary causes behind stone development can be associated with decreased urine volume and increased excretion of stone-forming substances such as oxalate, calcium, cysteine, urate, phosphate, and xanthine. Minerals and acid salts crystallize to form stone-like structures within the organ itself or parts of the urinary tract. It may also be caused due to less water consumption, obesity, weight loss surgery, eating food that contains excess of salt or sugar also.

Kidney stone management devices with treatments or surgeries aid in providing effective treatment for urolithiasis by breaking down the stones and assisting in their removal from the body.

The devices are available in a wide range of stone retrieval tools which are used for various purposes. These devices or tools are tube-like structures are attached to cameras that visualize the position of stones within a ureter.

The global kidney stones management devices market is anticipated to grow at a CAGR of around 4-8% over the period of next 5 years.

MARKET DRIVERS:

The growth of this market is attributed towards major pertaining factors including; the increasing prevalence and recurrence of kidney stones across the globe mostly among the old population, the increasing research and development activities in the field of urology, the growing number of supportive reimbursement policies from both the government and non-government organizations in different regions,  the emergence of minimally invasive procedures for removing kidney stones combined with its growing demand among patients and the increasing popularity of digital flexible ureteroscope etc.

Additionally, a plethora of public and non-profit private organizations are seen to be majorly emphasizing on spreading awareness regarding the treatment and prevention of kidney-related ailments by conducting health related activities in the form of online quizzes, expert consultation, free screenings and others. Along with that, the increasing implementation of various initiatives in the form of physician education, and clinical training and others are also being rapidly witnessed. Such initiatives and training programs are expected to fuel the adoption of kidney stones management device, which in turn, will aid in the growth of the market progressively.

Moreover, private and public hospitals and clinics are allocating huge funds on the research and development activities for treatment of several kidney diseases like kidney stones. Major technological progress and innovative product launches have enabled therapy optimization and better management of the stones recently. With developments in minimally invasive procedures, advancement in the field of Extracorporeal Shock Wave Lithotripsy (ESWL) and ureteroscopy, the emergence of flexible ureteroscopes and enhanced image quality resulting from high definition cameras as well as digital imaging, the market for kidney stones management device market is expected to flourish stupendously in the near future.

Furthermore, other factors such as the treatment methods for kidney stone getting more simple and easy, the rising cases of urolithiasis and malnutrition, the growing geriatric population worldwide, the increasing adoption of unhealthy eating habits among population and the growth in global warming further contribute in the growth of this market considerably.

However, one restraining factor to the market growth is the side effects associated with the kidney stone therapeutic procedures such as with that of lithotripsy.

KIDNEY STONES MANAGEMENT DEVICE MARKET SEGMENTATION:

By Product Type:

  • Lithotripters
    • Intracorporeal
    • Extracorporeal
  • Ureteroscopes
    • Rigid
    • Semi rigid
    • Flexible
  • Retrieval Devices
  • Others

By Application:

  • Extracorporeal Shock Wave Lithotripsy (ESWL)
  • Ureteroscopy (URS)
  • Percutaneous Nephrolithotomy (PCNL)

By End User:

  • Hospitals
  • Ambulatory Surgical Centers
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

REGIONAL INSIGHT:

The North American region has been dominating in the kidney stones management device market since the past years followed by Europe and is expected to continue the trend in the future years as well. The growth in the region can be attributed to factors such as the increasing incidence of kidney stone problems among patients in the region, the presence of a well-established healthcare infrastructure in the major economies of the region, the robust growth in the advanced forms of minimally invasive procedures in the region, the growing major technological advancements in the region, the surging awareness and presence favorable reimbursement structure in the region among others. The major contributor in the region is the U.S.

The Asia Pacific region is the fastest growing regional market for kidney stones management device and is anticipated to witness growth at a substantial growth rate in the upcoming years as well. The growth in the region can be accounted to factors such as the high prevalence of kidney stone cases in the region, the growing unhealthy lifestyles of people in the region, the growing healthcare spending by the developing countries present in the region, the improving healthcare infrastructure in the developing nations and the rising awareness regarding kidney stone therapeutics among the population etc. The major contributors in the region include India and China.

The Middle East and African region holds the least share in the kidney stones management devices market owing to the sluggish economic growth rate and presence of poor healthcare infrastructure in the region. Conversely, the region is expected to grow robustly in the forthcoming years on account of the growing healthcare infrastructure and facilities, the rise in government support and the growing adoption of endoscopic surgical procedures in the region etc.

FEW KEY PLAYERS IN KIDNEY STONES MANAGEMENT DEVICE MARKET:

  • Dornier MedTech GmbH
  • Elmed Electronics & Medical Industry & Trade Inc.
  • C.R. Bard Inc.
  • DirexGroup
  • Bard Medical Division
  • KARL STORZ SE & Co. KG
  • Convergent Laser Technologies
  • Coloplast Group
  • Allengers Medical Systems
  • Boston Scientific Corporation
  • Electro Medical Systems
  • Lumenis Ltd.
  • Storz Medical AG
  • Richard Wolf GmbH
  • Stryker Corp.
  • Medispec Ltd.
  • EDAP TMS
  • Cook Medical Inc.
  • Siemens Ltd.
  • Olympus Corporation
  • Other Players

RECENT DEVELOPMENTS:

  • In July 2020, Lumenis Ltd., the world's largest energy-based medical device company for aesthetic, surgical and ophthalmic applications, announced the launch of MOSES 2.0, the next generation of the versatile, patented MOSES platform that is said to redefine urology care. MOSES 2.0 builds on the already clinically proven advantages of the MOSES technology platform to continue to push the boundaries in terms of procedure outcomes, efficiency and economics. Initially released in 2017, the MOSES technology is designed to greatly improve the efficiency of urinary stones and enlarged prostate (BPH) procedures by optimizing the laser energy transmission. 
  • In February 2021, The U.S. Food and Drug Administration (FDA) cleared Shockwave Medical's Intravascular Lithotripsy (IVL) system to treat severely calcified coronary artery disease. The innovative technology, which was granted Breakthrough Device designation by the FDA, is a novel application of lithotripsy, an approach that has been used for decades to safely break up kidney stones. With this approval, IVL is now commercially available in the United States to treat problematic calcium in the coronary arteries, which can reduce blood flow in the heart.

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