The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s urinary stone treatment devices and equipment market report forecasts the urinary stone treatment devices and equipment market size to grow to $3.79 Billion by 2027, with a CAGR (compound annual growth rate) of more than 5%.

Learn More On The Urinary Stone Treatment Devices And Equipment Market Report 2023 – https://www.thebusinessresearchcompany.com/report/urinary-stone-treatment-devices-and-equipment-global-market-report

Urinary Stone Treatment Devices And Equipment Market Size Forecast
The global urinary stone treatment devices and equipment market is expected to grow from $2.84 billion in 2022 to $3.05 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global urinary stone treatment devices and equipment market size is expected to grow to $3.79 billion in 2027 at a CAGR of 5.6%.

North America held the largest urinary stone treatment devices and equipment market share.

Key Urinary Stone Treatment Devices And Equipment Market Driver ­– Increase In The Prevalence Of Kidney Stones, Especially In The Geriatric Population
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.

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Key Urinary Stone Treatment Devices And Equipment Market Trend – Advancing In Laser Technology And Robot-Assisted Surgeries To Treat Urolithiasis
Companies in the industry are investing in advanced laser technology and robot-assisted surgeries to treat urolithiasis. 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. For instance, Boston Scientific Co. is investing by way of an agreement with Lumenis, a company offering minimally-invasive clinical solutions, and holmium laser technology, to use and leverage the benefits of advanced laser technology.

Urinary Stone Treatment Devices And Equipment Market Segment
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

Urinary Stone Treatment Devices And Equipment Market Major Players and Strategies
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.

In May 2021, based on the guideline provided by the Food and Drug administration, a US-based regulator of medical devices and healthcare technology, Imperative Care Inc recalled Zoom 71 reperfusion Catheter due to the risk of breaking during use. If the device broke during use, it could leave fractured pieces inside the patient’s body resulting in serious injuries.

The Urinary Stone Treatment Devices And Equipment Global Market Report 2023 covers regional data on urinary stone treatment devices and equipment market size, urinary stone treatment devices and equipment market trends and drivers, opportunities, strategies, and urinary stone treatment devices and equipment market competitor analysis. 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, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Urinary stone treatment devices and equipment are used in the treatment and management of stones formed in the kidneys and urinary tract. Kidney stones form when urine crystal-forming substances such as calcium, uric acid, and oxalate.

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