Urolithiasis is development of kidney stones in the urinary system.
It includes nephrolithiasis (development of kidney stones),
ureterolithiasis (stone formation in ureters), and cystolithiasis
(stone formation in the bladder). Urolithiasis is a common condition
that affects at least 10% of the global population. Urinary stones
are generally distinguished based on the location and chemical
composition. Based on chemical composition, these are categorized
into calcium, uric acid, and oxalate stones.
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Kidney stones can be managed through different methods. The natural
method involves improving quality of life. Other methods include drug
treatment and kidney stone management devices. Major factors driving
the kidney stone management devices market are rising geriatric
population, increasing awareness, advancements in technology of the
devices due to various external factors such as entry of new market
players, increasing investment, and government initiatives.
This report on the global urolithiasis management devices market
analyzes the current and future prospects of the market. The report
comprises an elaborate executive summary, including a market snapshot
that provides overall information of various segments and
sub-segments. The research is a combination of primary and secondary
research. A detailed qualitative analysis of factors responsible for
driving and restraining market growth and opportunities has been
provided in the market overview section. Market revenue in terms of
US$ Mn for the period between 2014 and 2024 along with the compound
annual growth rate (CAGR %) from 2016 to 2024 are provided for all
the segments, considering 2015 as the base year. Market related
factors such as increasing preference for efficacious products,
product innovation, and historical year-on-year growth have been
taken into consideration while estimating the market size. Growth
rates for each segment within the global urolithiasis management
devices market have been determined after a thorough analysis of past
trends, demographics, future trends, technological developments,
clinical trials, and regulatory requirements. These factors would
help the market players to take strategic decisions in order to
strengthen their positions and expand their share in the global
Urolithiasis Management Devices market.
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The global urolithiasis management devices market has been segmented
based on device type, end-user, and geography. Urolithiasis
management devices are categorized into shockwave lithotripters and
ureterorenoscopes. Shockwave Lithotripters include ultrasound
lithotripters, pneumatic lithotripters, and laser lithotripters.
Ureterorenoscopes include rigid, semi-rigid, and flexible
ureterorenoscopes. Shock wave lithotripters accounts for the major
share of the urolithiasis management devices market. Extracorporeal
lithotripters dominate the market; however, the laser lithotripters
and flexible ureterorenoscopes segments are expected to witness high
compound annual growth rate during the forecast period.
The major distribution channels for usage of urolithiasis management
devices products include hospitals, clinics, and ambulatory surgical
centers. Ambulatory surgical centers are set to witness rapid growth
due to the various benefits ranging from affordability to the ease of
access and available advanced technologies. These benefits include
easy shipping, huge discounts, and convenience of purchasing from any
location.
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Geographically, the Urolithiasis Management Devices market has been
segmented into six regions: North America, Europe, Asia Pacific,
Latin America, Middle East & North Africa, and Rest of the World.
North America accounted for the largest share of the global
urolithiasis management devices market. The market in Asia Pacific is
anticipated to expand at the fastest growth rate from 2016 to 2024.
Key players in the urolithiasis management devices market are
Allengers Medical Systems Ltd, C. R. Bard, Inc., Cook Group, Inc.,
Dornier Medtech GmbH, DirexGroup, Karl Storz, Boston Scientific
Corporation, Olympus Corporation, Siemens Healthcare, and Electro
Medical Systems S.A.
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