Analysis of Kidney Stone Management Market Size by Research Nester Reveals the Market to Grow with a CAGR of ~8% During 2023-2036


Posted March 26, 2024 by Garry008

The global kidney stone management market is estimated to grow majorly on account of the increased innovations in kidney stone treatment to fuel the global kidney stone management market.

 
Research Nester’s recent market research analysis on “Kidney Stone Management Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitors analysis and a detailed overview of the global kidney stone management market in terms of market segmentation by type, end-user, stone size, treatment type, and by region.
Growing Cases of Kidney Stones and Rising Awareness and Education Programs to Promote Global Market Share of Kidney Stone Management Market
The global kidney stone management market is estimated to grow majorly on account of the increased innovations in kidney stone treatment to fuel the global kidney stone management market. The introduction of new techniques & devices in stone disease treatments are acting catalyst for the growth of the global kidney stone management market during the forecast period. Other than this, it has been estimated that 1 in 10 people are projected to have kidney stones at some time in their lives. Also, the recurrence of kidney stone diseases is rising globally. Other than this, some diseases such as diabetes, obesity, and high blood pressure may lead for kidney stones. These factors are fueling the growth of the global kidney stone management market during the forecasted growth. Furthermore, the advancements in the ureteroscopy technique and inclination toward undergoing minimally invasive surgeries. High adoption of minimally invasive techniques in surgery and minimal associated side effects compared to open surgical procedures are likely to foster the growth of the global kidney stone management market in the forecasted period. Other than this, there has been rising awareness regarding kidney health that is fostering the growth.
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Some of the major growth factors and challenges that are associated with the growth of the global kidney stone management market are:
Growth Drivers:
• Rising Awareness Regarding Overall Kidney Health
• Favorable Reimbursement for the Lithotripsy Procedures
Challenges:
Lack of treatment awareness in certain countries, potential long-term adverse effects of lithotripsy, and recurrence and chronic nature of kidney stones are some of the major factors anticipated to hamper the global market size of the global kidney stone management market.
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By type, the global kidney stone management market is segmented into extracorporeal shock wave lithotripsy and laser lithotripsy. The extracorporeal shock wave lithotripsy segment is projected to gain the largest market share of 60% in the year 2036. The cost-effectiveness of the procedure makes it a lucrative segment, fueling the growth.
By region, the Europe kidney stone management market is to generate the highest revenue by the end of 2036. The government is making people aware of the kidney health fostering the growth of the kidney stone management market in the region. Moreover, the rising prevalence of kidney patients in the region is also fueling the market growth.
This report also provides the existing competitive scenario of some of the key players of the global kidney stone management market which includes company profiling of Boston Scientific Corporation, Olympus Corporation, Siemens Healthineers AG, Medtronic plc, Cook Medical, Dosmier MedTech GmbH, Richard Wolf GmbH, Stryker Corporation, Karl Storz SE & Co. KG, Allengers Medical Systems Limited, Olympus Corporation, Terumo Corporation, and Nipro Corporation and others.
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https://www.researchnester.com/reports/kidney-stone-management-market/5666
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.
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Issued By Research Nester
Country India
Categories Business
Tags kidney stone management market
Last Updated March 26, 2024