Global Urinary Stone Treatment Devices And Equipment Market
Medical Equipment

What Is The Urinary Stone Treatment Devices And Equipment Market Overview In 2022?

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The urinary stone treatment devices and equipment market is forecasted to achieve high growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 5%, as per The Business Research Company’s market report!

 

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The Urinary Stone Treatment Devices And Equipment Market Size In 2022 And Forecast
The global urinary stone treatment devices and equipment market grew from $2.55 billion in 2021 to $2.77 billion in 2022 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The urinary stone treatment devices and equipment market is expected to grow to $3.39 billion in 2026 at a CAGR of 5.2%.

 

The urinary stone treatment devices (or) equipment market consists of sales of urinary stone treatment devices and related services which are used in the treatment and management of stones formed in the kidneys and urinary tract.

 

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Increase In Prevalence Of Kidney Stones Is Driving The Growth Of The Urinary Stone Treatment Devices And Equipment Market
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.

 

Competitive Landscape And The Regional Analysis Of The Urinary Stone Treatment Devices And Equipment Market
Major players in the urinary stone treatment devices and equipment market are Boston Scientific, Cook Medical, C.R. Bard, DirexGroup, Dornier MedTech, Bard Medical Division, Richard Wolf, Siemens Healthineers AG, Olympus Corporation, and Karl Storz.

 

The Urinary Stone Treatment Devices And Equipment Global Market Report 2022  covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the urinary stone treatment devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the urinary stone treatment devices and equipment market.

 

Advancing Laser Technology And Robot-Assisted Surgeries – A Key Trend In The Urinary Stone Treatment Devices And Equipment Market
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.

 

Urinary Stone Treatment Devices And Equipment Market Segmentation By The Business Research Company

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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