/ Blog / Is This A Good Time For The Kidney Stone Retrieval Device Market?

author

Erik Petrov1

date

02 November 2022

Is This A Good Time For The Kidney Stone Retrieval Device Market?

Kidney stones are a fairly common occurrence in the medical environment, and most doctors get to witness a couple of cases at some point in their lives. The kidney stone retrieval devices are, therefore, necessary and will be necessary for a long time. The market for these devices is growing steadily as the factors contributing to kidney stones continue to rise in the general population. The growth of the market is mainly attributed to the prevalence of nephrolithiasis. 

 

Kidney Stone Retrieval Device Market
Pic Credit - Fierce Biotech

 

Nephrolithiasis is the medical term for kidney stones. It is caused by a variety of factors, including an improper diet, excessive body weight, medical complications, and an excess of certain dietary supplements that can get deposited in your kidneys. 

 

The Covid-19 outbreak had a negative impact on the kidney stone retrieval device market because many elective procedures and non-essential procedures were delayed. Many patients were denied care as well due to their condition being manageable and to prevent the worsening of the outbreak, which is why the market saw a slight decline during this time. However, authorities and experts were able to determine that kidney damage was one of the complications of severe cases of Covid-19, and kidney stone retrieval devices were required for these cases at the time. 

 

Kidney stone retrieval devices are segmented into different instruments, including lithotripters, ureteroscopes, baskets for stone removal, and other essential products that assist healthcare professionals in retrieving kidney stones. Amongst all the instruments used for kidney stone retrievers, the lithotripters are the fastest-growing segment. They use ultrasonic shockwaves with the help of ultrasound or fluoroscopy, which help break the large stones into smaller stones that the patient can eventually pass easily from their urinary tract. Lithotripsy is growing faster than any other instrument because it is used to perform a non-invasive procedure, which is much preferable to invasive surgery. 

 

Incidences of urolithiasis in Europe and surrounding areas have increased in the past few years, according to epidemiological reports. Age and gender are the correlated factors that determine the production of stones. The procedure of kidney stone retrieval is usually safe and uncomplicated which is why it is readily performed as well. 

 

Further research in nephrolithiasis, the development of newer methods of treatment, and government incentives to drive growth are the driving factors for the kidney stone retrieval device market. The high prevalence of nephrolithiasis and urolithiasis worldwide is also greatly contributing to the growth of the market at present. 

 

The current dominating region in the market is North America. North America is the hub of healthcare, and most developments in healthcare begin from this region. Most of the key players in the kidney stone retrieval device market are also present in North America, which is why it holds the greatest share of the market at present. 

 

There are many key players in the market, including Becton, Boston Scientific Corporation, Cook Medical, Dickinson and Company, Olympus, Lumenis, Dornier MedTech GmBH, and others as well. 

 

Douglas insights, the world’s first comparative analysis engine, has curated a highly descriptive and detailed report on the kidney stone retrieval device market, which can be of great use to businesses, marketers, economists, and investors. The comparative analysis allows you to compare up to 3 reports at a time. Each report is compared on the basis of the publisher’s rating, table of contents, price, and a number of pages. The comparative analysis can help you deep dive into the information available on the kidney stone retrieval device market, which can help you make impactful decisions. 

 

Other than that, the report generated by Douglas Insights helps to provide a detailed and meticulous study of the kidney stone retrieval device market with the help of quantitative and qualitative data. The report helps immensely with growth strategies, helps assess the current competitive landscape of the market, and helps you make decisions regarding businesses and marketing kidney stone retrieval devices.

 

The report also contains detailed information about the market, including historical data, trends, product type, treatment type, and stone type. The different instruments used for kidney stone retrieval, their functions, and their market value and projections are also widely available in the market. You can also find data based on different regions, including the major shareholders of the market, including North America, Europe, and the Asia Pacific, and even the other minor shareholders in the world. 

 

In total, the report consists of 24 data tables and a further 24 tables, which can help you get an idea of how detailed and scrupulous the report is. The data and analysis present is all up-to-date and consists of everything you need to know about the state of the kidney stone retrieval device market. 

 

The report will help you gauge the different market trends and the revenue generated in the past few years, along with estimated revenue generation for the next few years as well. The annual growth rate of the market (CAGR) will also be mentioned and explained in-depth.

 

The actual market size and forecasts for the revenue will be present in the future as well. Any demographic factors that will influence the tide of the market will also be mentioned in great detail in the report and can help you with a large number of business and economic decisions. 

 

The drivers for the kidney stone retrieval device market, along with any restraining factors and opportunities for growth, will be explained in the report, which will also help with market penetration. Furthermore, the effects that the covid-19 outbreak had on the market will also be mentioned in exhaustive detail and will constitute useful data. 

 

Any major stakeholders in the market will be identified and explained. Company profiles of the major players in the industry, such as Becton, Dickinson and Comp, and Olympus Corp, will also be included in the report.

 

The report will overall be of great utility for anyone in the market and be highly valuable for businesses. To learn more about the report and purchase it, click here.

 

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