Percutaneous Nephrolithotomy Global Market
Overview and Scope
The percutaneous nephrolithotomy market consists of revenues earned by entities by providing services such as preoperative consultation and assessment, imaging services, anesthesia services, and postoperative care. The market value includes the value of related goods sold by the service provider or included within the service offering. The percutaneous nephrolithotomy market also includes sales of nephroscopes, lithotripters, and guidewires. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Sizing and Forecast
The percutaneous nephrolithotomy market size has grown strongly in recent years. It will grow from $16.49 billion in 2023 to $17.90 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to increasing prevalence of kidney stones, rising demand for effective and efficient treatment options for kidney stones, expansion of healthcare infrastructure in emerging economies, aging population leading to a higher incidence of kidney stones, surge in research and development activities, increasing healthcare expenditure, growing emphasis on patient-centric healthcare.
The percutaneous nephrolithotomy market size is expected to see strong growth in the next few years. It will grow to $25.15 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to growing adoption of minimally invasive surgical procedures, rising demand for effective stone removal techniques, increasing awareness about the benefits of percutaneous nephrolithotomy, growing geriatric population prone to kidney stone formation, growing availability of advanced medical technologies for stone removal, increasing focus on patient-centric care, increasing preference for outpatient procedures. Major trends in the forecast period include adoption of miniaturized instruments, advancement in imaging technologies, implementation of robotics, adoption of disposable devices, advancement in stone retrieval devices, advancement in anesthesia techniques, implementation of enhanced infection control measures, implementation of multimodal pain management, development of training programs.
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Segmentation & Regional Insights
The percutaneous nephrolithotomy market covered in this report is segmented –
1) By Type: Magnesium Ammonium Phosphate Stone Type, Calcareous Type, Uric Acid Calculi Type
2) By Component: Accessories, Devices, Services
3) By End-User: Ambulatory Surgical Centers, Clinics, Hospitals
North America was the largest region in the percutaneous nephrolithotomy market in 2023. The regions covered in the percutaneous nephrolithotomy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing prevalence of renal diseases is expected to propel the growth of the percutaneous nephrolithotomy market going forward. Renal diseases refer to a range of conditions that affect the kidneys, impairing their ability to function properly. The prevalence of renal diseases is due to rising rates of diabetes and hypertension, an aging population, poor lifestyle choices, genetic predisposition, chronic conditions, and improved awareness and diagnosis. Percutaneous nephrolithotomy helps manage renal diseases by providing a minimally invasive surgical procedure to remove large or complex kidney stones, alleviate pain, prevent urinary tract infections, and improve kidney function. For instance, in June 2023, according to ZS Associates, a UK-based Kidney Research Commission, the prevalence of kidney disease in the UK affected 7.19 million people in 2023 and is expected to rise to 7.61 million by 2033. Therefore, the increasing prevalence of renal diseases is driving the percutaneous nephrolithotomy market.
Key Industry Players
Major companies operating in the percutaneous nephrolithotomy market are Boston Scientific Corporation, Zimmer Biomet Holdings Inc., Olympus Corporation, Terumo Corporation, Coloplast Corporation, B. Braun, Cook Medical, Teleflex Incorporated, Karl Storz Se And Co. KG, Merit Medical Systems, Richard Wolf GmbH, AngioDynamics, Argon Medical Devices, Dornier MedTech, EDAP TMS, Allengers Medical Systems Limited, DirexGroup, Envaste Limited, ELMED Lithotripsy Systems, PolyDiagnost, Attikouris Enterprises Ltd., Advin Urology, Avenda Health, Guangzhou Potent Optotronic Technology Co. Ltd., Surgimedik
The percutaneous nephrolithotomy market report table of contents includes:
1. Executive Summary
2. Percutaneous Nephrolithotomy Market Report Structure
3. Percutaneous Nephrolithotomy Market Trends And Strategies
4. Percutaneous Nephrolithotomy Market – Macro Economic Scenario
5. Percutaneous Nephrolithotomy Market Size And Growth
…..
27. Percutaneous Nephrolithotomy Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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