The urinary stone treatment devices and equipment global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Urinary Stone Treatment Devices And Equipment Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size —
The urinary stone treatment devices and equipment market size has grown strongly in recent years. It will grow from $2.97 billion in 2023 to $3.15 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to rising incidence of urinary stones, aging population, improved access to healthcare, lifestyle factors.
The urinary stone treatment devices and equipment market size is expected to see strong growth in the next few years. It will grow to $3.86 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to minimally invasive techniques, emerging markets growth, personalized medicine, regulatory support. Major trends in the forecast period include telemedicine and remote consultation, advanced imaging technologies, 3d printing and customization, non-invasive treatment options.
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Scope Of Urinary Stone Treatment Devices And Equipment Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Urinary Stone Treatment Devices And Equipment Market Overview
Market Drivers –
The increasing prevalence of Kidney Stones, especially in the geriatric population is driving the urinary stone treatment devices and equipment market growth. The incidence of urolithiasis is reported to be increasing across the globe. According to a study, about 30% of people around the world are obese and nearly 900 million people are geriatrics which is expected to increase to 1.4 billion by 2030. The incidence of kidney stones is globally increasing with an estimated prevalence ranging up to 15%. According to a Robotic Stone survey, the probability of stone formation in Saudi Arabia is 20.1% and 13% in the USA. Stone diseases or urolithiasis are frequent in the ageing population. The Asia-Pacific is presently home to more than half of the world’s ageing population above 60 years and the number is expected to rise to 2.45 billion by 2050.
Market Trends —
Companies in the industry are investing in advanced laser technology and robot-assisted surgeries to treat urolithiasis. Urolithiasis is a disease condition where calculi or stones are formed in the kidney, bladder, and urinary tract of the human body. Urolithiasis open surgeries are increasingly conducted with the help of minimally invasive procedures, advanced lasers, enhanced surgical tools, and robot-assisted devices to reduce hospitalization time, be less invasive and enable a shorter bladder catheterization time. For instance, Boston Scientific Co. is investing by way of an agreement with Lumenis, a company offering minimally-invasive clinical solutions, and holmium laser technology, to use and leverage the benefits of advanced laser technology.
The urinary stone treatment devices and equipment market covered in this report is segmented –
1) By Product: Extracorporeal Shock Wave Lithotripsy Devices, Holmium Laser Devices, Intracorporeal Lithotripsy Devices, Stone Retrieval Devices, Ureteral Stents
2) By Stone Type: Calcium Stones, Struvite, Uric Acid, Cystine, Drug-Induced
3) By End User: Hospitals, Ambulatory Surgery Centers, Other End Users
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Regional Insights —
North America was the largest region in the urinary stone treatment devices and equipment market in 2023. Western Europe was the second-largest region in the urinary stone treatment devices and equipment market report. The regions covered in the urinary stone treatment devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Key Companies —
Major companies operating in the urinary stone treatment devices and equipment market include Boston Scientific Corporation Inc., Cook Medical, C.R. Bard, Direx Group, Dornier MedTech, Bard Medical Division, Richard Wolf, Siemens Healthineers AG, Olympus Corporation, Karl Storz, HealthTronics Inc., Lumenis Ltd., Storz Medical AG, Medispec Ltd., EDAP TMS S.A., Coloplast A/S, Allengers Medical Systems Ltd., Conmed Corporation, Guangzhou Potent Optotronic Technology Co., Becton Dickinson and Company, Medtronic plc, American Medical Systems, Limmer Laser GmbH, GEMSS Co. Ltd., Convergent Laser Technologies, Hobbs Medical Inc, Endo Health Solutions Inc., Medical Coaches Inc., Applied Medical Technology Inc., E.M.S. Electro Medical Systems, EMD Medical Technologies, EMS Shockwave, InnoTherapy Inc., JenaSurgical, MTS Medical, Physio Invasiva, Santronix, Siare Engineering International Group, SonaCare Medical, Sonoscape Medical Corp., Stryker Corporation
Table of Contents
1. Executive Summary
2. Urinary Stone Treatment Devices And Equipment Market Report Structure
3. Urinary Stone Treatment Devices And Equipment Market Trends And Strategies
4. Urinary Stone Treatment Devices And Equipment Market — Macro Economic Scenario
5. Urinary Stone Treatment Devices And Equipment Market Size And Growth
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27. Urinary Stone Treatment Devices And Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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