The Global Kidney Stones Market and is expected to reach USD 3,000 million by 2023. The global kidney stone market is growing at a steady pace and it is expected to grow at a CAGR of ~4.0 % during 2017 to 2023. The major factors that influence the growth of the market are minimally invasive procedures for the treatment of kidney stones, increasing instances of urolithiasis in the adult population and poor nutrition. Hard deposits of minerals and acid salts that stick together in concentrated urine causes kidney stones. They are painful when passing through the urinary tract, but typically don't cause permanent damage.

Global Kidney stones Market – Overview

Kidney stones are hard mineral deposits inside the kidneys that can cause severe pain and discomfort. The global kidney stone market is growing at a steady pace and it is expected to grow at a CAGR of 4.0% during the forecast period of 2017 - 2022. There are a number of protuberant factors associated with this global kidney stone market. Growing demand for minimally invasive procedures driven by the surging preference of these is one of the major drivers contributing to the market growth. The preference to minimally invasive procedures is driven by their success rate which is 75-100%. Additionally, according to the National Kidney Foundation, it has been found that more than 73 million adults have high blood pressure and 29 million adults are suffering from diabetes which are the major reason for urolithiasis.

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That being said, continuously recorded and increasing instances of urolithiasis in the adult is leading to the rise in the prevalence of kidney stone disorder across the globe. Another major reason driving the prevalence of kidney stone disorders is population and poor nutrition. According to experts, individuals who are predisposed to hunger and sub-par nutrition are prone to kidney disorders and thus, add to the total global prevalence to a great extent.

Kidney Stones Market Segmentation             

The kidney stones market has been segmented on the basis of types, diagnostic test and treatment.

Based on types, the market is segmented into calcium, uric acid, struvite and cystine.

Based on diagnostic test, the market has been segmented into CT scans, X-rays, ultrasound scan and intravenous urogram.

Based on treatments, the market has been segmented into medication, extracorporeal shock wave lithotripsy (ESWL), uretereoscopy (URS), percutaneous nephrolithotomy (PNCL) and others. Among these ureteroscopy (URS) has is the most popular form of treatment, this is largely due to it being an outpatient procedure with little to no risks.

Kidney Stones Market Key Players

Eminent players that contribute to the competitive landscape of thi market include Stryker Corp., Boston Scientific Corp., C.R Bard Inc., STORZ Medical AG, Richard Wolf GmbH, Seimens Ltd., Medispec Ltd., C.R Bard Inc., Convergent Laser Technologies, DirexGroup, Cook Medical Inc., Dornier MedTech GmBH, E.M.S Electro Medical Systems S.A., Elmed Elecronics & Medical Industry & Trade Inc., and others.

Kidney Stones Market Regional Analysis

The market is additionally segmented by region into the Americas, Europe, Asia Pacific and the Middle East and Africa.

The Americas, leads the global market with a massive 50.8%, this is primarily due to a strong occurrence of kidney diseases in the region, sepicifically in North America. A strong focus on quality healthcare and the increasing demand for treatment options have bolstered growth in this region.

Europe, has the second largest market share globally. The Kidney Stones Market region is projected to experience significant market development during the forecast period due to increasing healthcare expenditure and the existence of a large geriatric population with renal conditions.

Asia Pacific has been projected to grow at the most rapid pace during the forecast period. This is owing to the rising construction of hospitals, increasing demand for affordable treatments and diagnostic services. MRFR has estimated a CAGR of 4.9% for the region during the forecast period.

The Middle East & Africa are expected to observe modest growth. Lack of relevant technology and a low availability of modern healthcare technologies restrict growth in this region.

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