Global Percutaneous Nephrolithotomy Market Analysis: Size, Drivers, Trends, Opportunities, And Strategies
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At What Rate is the Percutaneous Nephrolithotomy Market Predicted to Expand Between 2024 and 2033?
The percutaneous nephrolithotomy market has seen robust growth. It is projected to grow from $16.49 billion in 2023 to $17.90 billion in 2024, with a CAGR of 8.6%. This growth is driven by a rising prevalence of kidney stones, demand for effective treatment options, improvements in healthcare infrastructure in developing regions, an aging population, increased R&D, higher healthcare spending, and a focus on patient-centered care.
The percutaneous nephrolithotomy market is expected to see strong growth, projected to reach $25.15 billion by 2028 at a CAGR of 8.9%. Growth drivers include the increasing adoption of minimally invasive procedures, demand for effective stone removal techniques, greater awareness of percutaneous nephrolithotomy benefits, a growing geriatric population, advanced medical technologies for stone removal, and a focus on patient-centered care. Key trends include miniaturized instruments, advancements in imaging technologies, robotics, disposable devices, improved anesthesia techniques, and enhanced infection control measures.
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What Forces Are Boosting the Percutaneous Nephrolithotomy Market’s Growth?
The rising prevalence of renal diseases is expected to drive the percutaneous nephrolithotomy market in the future. Renal diseases impact kidney function and are linked to rising diabetes and hypertension rates, an aging population, and lifestyle choices. This minimally invasive procedure addresses large kidney stones and improves kidney function. For example, a report in June 2023 from ZS Associates indicated that kidney disease affected 7.19 million people in the UK, expected to rise to 7.61 million by 2033. Consequently, the increase in renal diseases is spurring the percutaneous nephrolithotomy market.
What Key Segments Make Up the Percutaneous Nephrolithotomy Market?
1) By Type: Magnesium Ammonium Phosphate Stone Type, Calcareous Type, Uric Acid Calculi Type
2) By Component: Accessories, Devices, Services
3) By End-User: Ambulatory Surgical Centers, Clinics, Hospitals
What Are the Latest Trends Impacting the Percutaneous Nephrolithotomy Market?
Companies in the percutaneous nephrolithotomy market are adopting innovative solutions such as robot-assisted surgical platforms to enhance surgical precision and patient outcomes. In February 2023, Ethicon Inc., a Johnson & Johnson MedTech company, reported the successful robotic-assisted removal of kidney stones using the MONARCH Platform, allowing for improved navigation and control during procedures.
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What Regions Are Dominating the Percutaneous Nephrolithotomy Market Growth?
North America was the largest region in the percutaneous nephrolithotomy market in 2023. The regions covered in the percutaneous nephrolithotomy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Percutaneous Nephrolithotomy Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the percutaneous nephrolithotomy market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Percutaneous Nephrolithotomy Market Include
1. Percutaneous Nephrolithotomy Market Executive Summary
2. Percutaneous Nephrolithotomy Market Segments
3. Percutaneous Nephrolithotomy Market Size And Template Market Growth Rate
4. Key Percutaneous Nephrolithotomy Market Trends
5. Major Percutaneous Nephrolithotomy Market Drivers
……
25. Key Mergers And Acquisitions In The Percutaneous Nephrolithotomy Market
26. Top Percutaneous Nephrolithotomy Companies
27. Percutaneous Nephrolithotomy Market Opportunities And Strategies
28. Percutaneous Nephrolithotomy Market, Conclusions And Recommendations
29. Appendix
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