Global Kidney Stone Management Devices Market to Showcase Vigorous Demand during the Period until 2028

Kidney stones management devices that are used in removal of kidney stones found inside the kidney. Kidney stones, otherwise known as renal lithiasis, nephrolithiasis, refer to hard deposits made of minerals and salts that accumulate across the inner lining of kidneys.

Fact.MR recently published titled “Kidney Stone Management Devices Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2028”. The report on kidney stone management devices market offers a meticulous investigation of present market scenario and size, addresses major growth challenges at discrete levels, and elaborates on demand and supply matrix.

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Rising Penetration of Percutaneous Nephrolithotomy Devices Creating Substantial Opportunities for Kidney Stone Management Devices Market Players

Rising preference for minimally invasive methodologies is driving the adoption of percutaneous nephrolithotomy (PCNL). Less postoperative pain and minimum complications are among the key factors driving adoption of PCNL, especially for treatment of large kidney stones. Additionally, favorable reimbursement policies are also enhancing their penetration across various regions. Driven by superior post-treatment stone-free rates, PCNL presents a wide array of avenues for manufacturers to explore. Moreover, technological advancements such as patient positioning, miniaturized access tracts, development of lithotriptors, and postoperative nephrostomy tube management are fueling adoption of PCNL devices.

‘Beyond the Scope’ Uses of Kidney Stone Management Devices: New Avenues of Growth for Kidney Stone Management Devices Market Stakeholders

The competency of a kidney stone management device is no longer limited to treatment of kidney stones, there is more to it than that. Shock wave kidney management provides effective remedies for musculoskeletal disorders such as heel spurs, epicondylitis and plantar fasciitis. Moreover, kidney stone management devices are also being employed in a wide array of applications, ranging from experimental bactericidal to cardiac treatments. Applications of kidney stone management devices across diverse applications are foreseen to offer niche and untapped opportunities for the manufacturers to explore.

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Specialty Clinics to Witness Fast-paced Device Installations, Yet Hospitals to Seize High Revenue Share in Kidney Stone Management Devices Market

Installation rates of kidney stone management devices across hospitals are poised to remain considerably higher than other end users. According to a recent journal published in NCBI, kidney stone affects 1 in 11 people in the U.S. The journal further finds that on an average of 600,000 Americans suffer from urinary stones every year. The journal also unveils that around 12% of the Indian population is diagnosed with urinary stones. Thus, hospitals will continue to stay at the forefront of demand for kidney stone management devices over the forecast timeline. However, the growth prospects of specialty clinics remain bullish at an impressive CAGR for the forecast period of 2018-2028.

Competitive Landscape

The report on kidney stone management devices market features prominent players having exclusive foothold in the industry. After a comprehensive value chain analysis of the kidney stone management devices market, the report features key players operating in the kidney stone management devices market including Siemens Healthineers AG, Dornier MedTech (Subsidiary of Accuron MedTech), Lumenis Ltd., STORZ MEDICAL AG, Inceler Medikal Co. Ltd., DirexGroup, Medispec Ltd., EDAP TMS S.A., GEMSS Co., Ltd. and Richard Wolf GmbH. Industry participants of the kidney stone management devices market are executing individual strategies with regard to product offerings and developments, launching new manufacturing facilities, and consolidation practices.

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