Anti-Retropulsion Devices Market Report 2024: Market Size, Drivers, And Trends
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033
Strong Market Growth in Recent Years
- The anti-retropulsion devices market has experienced significant growth recently, with the market size increasing from $2.24 billion in 2023 to $2.4 billion in 2024.
- This growth, at a compound annual growth rate (CAGR) of 7.3%, is primarily driven by several factors:
- Rising prevalence of kidney stones: This is due to dietary changes, sedentary lifestyles, obesity, and genetic predisposition.
- Demand for minimally invasive procedures: Patients prefer procedures that offer quicker recovery times and less pain.
- Advancements in healthcare infrastructure: Improved medical facilities and technologies are enabling better treatment options.
- Regulatory approvals and standards evolution: Enhanced regulatory frameworks are facilitating the development and adoption of new devices.
- Aging population: As the population ages, the incidence of kidney stones, and consequently the need for anti-retropulsion devices, increases.
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Future Market Growth Forecast
- The market is expected to continue its growth trajectory, reaching $3.2 billion by 2028 at a CAGR of 7.4%.
- Key drivers for future growth include:
- Expansion of healthcare infrastructure in emerging markets: More hospitals and clinics are being established, increasing access to medical care.
- Regulatory support and expansion of healthcare facilities: Favorable policies and investments are boosting market growth.
- Growing awareness and education: Increased awareness about kidney stone prevention and treatment is driving demand for anti-retropulsion devices.
- Shift towards outpatient procedures: Minimally invasive outpatient procedures are becoming more popular due to lower costs and convenience.
Impact of Rising Kidney Stone Prevalence
- The increasing prevalence of kidney stones is a significant driver of the anti-retropulsion device market.
- Kidney stones are solid mineral deposits that can cause severe pain and complications when blocking the urinary tract.
- The growing occurrence of kidney stones, as indicated by studies, underscores the need for effective treatment solutions.
- Anti-retropulsion devices help prevent stone fragments from moving back towards the kidney during treatment, enhancing procedure effectiveness.
Key Players in the Market
- Major companies in the anti-retropulsion devices market include:
- Johnson & Johnson
- Medtronic plc
- Fujifilm Holdings Corporation
- Boston Scientific Corporation
- Olympus Corporation
- STERIS Corporation
- C.R. Bard Inc.
- Coloplast A/S
- Merit Medical Systems Inc.
- Dornier MedTech GmbH
- Accordion Medical LLC
- ROCAMED SAM
- Endotherapeutics Pty Ltd
- Maxer Endoscopy GmbH
Technological Advancements and Innovations
- Technological advancements are driving efficiency in the anti-retropulsion device market.
- Companies are focusing on innovations such as vacuum-assisted kidney stone removal devices, which improve patient outcomes and reduce procedure times.
- For example, Calyxo, Inc. launched the CVAC System in March 2024, a device designed to enhance kidney stone removal by using irrigation and vacuum aspiration during and after laser lithotripsy.
Market Expansion Through Mergers and Acquisitions
- Mergers and acquisitions are playing a crucial role in market expansion.
- In September 2021, Boston Scientific acquired the surgical business of Lumenis Ltd. for $1.07 billion, expanding its global presence and enhancing its kidney stone management portfolio.
Market Segmentation and Regional Insights
- The anti-retropulsion devices market is segmented by:
- Product Type: Basket type, balloon type, and other anti-retropulsion devices.
- Application: Ureteroscopy and lithotripsy.
- End-User: Hospitals, ambulatory surgical centers, and other end users.
- North America was the largest region in the market in 2023, while Asia-Pacific is expected to be the fastest-growing region in the forecast period.
The anti-retropulsion devices market is poised for robust growth, driven by technological advancements, rising kidney stone prevalence, and strategic market expansions. As the demand for effective kidney stone treatments continues to rise, the market will likely see continued innovation and growth.
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