Dublin, Aug. 06, 2024 (GLOBE NEWSWIRE) -- The "Kidney Stone Management Devices - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Kidney Stone Management Devices is estimated at US$1.7 Billion in 2023 and is projected to reach US$2.3 Billion by 2030, growing at a CAGR of 4.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. 
The growth in the kidney stone management devices market is driven by several factors. Technological advancements are enhancing the precision, efficiency, and safety of stone removal procedures, making them more accessible and effective for a broader range of patients. The increasing prevalence of kidney stones, fueled by dietary changes, dehydration, and sedentary lifestyles, is expanding the need for effective management solutions.
Additionally, the growing awareness of kidney stone disease and the availability of advanced treatment options are encouraging more patients to seek timely medical intervention. The trend towards minimally invasive surgeries is also a significant driver, as these procedures offer reduced pain, shorter hospital stays, and quicker recovery times. Healthcare providers are increasingly adopting these advanced devices to improve patient care and outcomes.
Moreover, the development of portable and user-friendly devices is making kidney stone management more accessible in outpatient settings and less developed regions. Government support and favorable reimbursement policies for kidney stone treatments are further propelling market growth. Overall, these factors are fostering robust growth in the kidney stone management devices market, meeting the rising demand for effective and efficient treatment options.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Kidney Stone Management Devices Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Kidney Stone Management Devices Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Ureteroscopy segment, which is expected to reach US$1.3 Billion by 2030 with a CAGR of a 5.4%. The Lithotripsy segment is also set to grow at 4.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $446.6 Million in 2023, and China, forecasted to grow at an impressive 8.1% CAGR to reach $494.5 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Becton Dickinson and Company, Boston Scientific Corporation, Coloplast Group, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 196 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $1.7 Billion |
| Forecasted Market Value (USD) by 2030 | $2.3 Billion |
| Compound Annual Growth Rate | 4.8% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- Global Economic Update
- Kidney Stone Management Devices - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Rising Prevalence of Kidney Stones Drives Demand for Advanced Management Solutions
- Increasing Adoption of Minimally Invasive Procedures Propels Growth in Kidney Stone Management Devices
- Technological Advancements in ESWL Machines Strengthen Business Case for Non-Invasive Treatments
- Integration of Imaging Technologies Expands Addressable Market Opportunity for Precision Stone Removal
- Innovations in Stent Design Here`s How They Improve Patient Outcomes and Reduce Complications
- Lifestyle Factors Such as Diet and Obesity Spur Growth in Kidney Stone Management Market
- Growing Awareness of Kidney Stone Disease Generates Demand for Timely Medical Interventions
- Development of Flexible Ureteroscopes Drives Adoption of Efficient Stone Removal Techniques
- Increasing Use of Laser Lithotripters: Here`s the Story for Precision and Minimal Discomfort in Stone Management
- Trend towards Outpatient Procedures Expands Market Reach for PorTable and User-Friendly Devices
- Advances in Endoscopic Technologies Spur Growth in Efficient and Effective Stone Removal Solutions
- Consumer Demand for Reduced Recovery Times and Lower Complication Rates Drives Minimally Invasive Techniques
- Expansion of Urology Clinics and Specialized Healthcare Centers Expands Market Opportunities
FOCUS ON SELECT PLAYERS(Total 48 Featured)
- Becton Dickinson and Company
- Boston Scientific Corporation
- Coloplast Group
- Cook Medical
- DirexGroup
- Dornier MedTech
- E.M.S. Electro Medical Systems S.A.
- EDAP TMS SA
- Lumenis Ltd.
- Olympus Corporation
- Richard Wolf GmbH
- Siemens Healthineers
- Storz Medical AG
For more information about this report visit https://www.researchandmarkets.com/r/hkjnyi
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