Evaluating the Urinary Stone Treatment Devices And Equipment Market’s Growth Prospects from 2024 to 2033
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What is the Expected Growth Rate of the Urinary Stone Treatment Devices And Equipment Market from 2024 to 2033?
The urinary stone treatment devices market has shown steady growth, projected to increase from $2.97 billion in 2023 to $3.15 billion in 2024, at a 6.0% CAGR. This is driven by rising urinary stone incidence, aging demographics, better healthcare access, and lifestyle factors.
The urinary stone treatment devices and equipment market is forecast to grow significantly, reaching $3.86 billion by 2028, at a CAGR of 5.2%. Growth drivers include minimally invasive techniques, emerging markets, personalized medicine, and regulatory support. Major trends include telemedicine, advanced imaging technologies, 3D printing, and non-invasive treatment options.
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What Key Factors Are Fueling the Growth of the Urinary Stone Treatment Devices And Equipment Market?
The rise in kidney stone cases, particularly among the elderly, is expected to fuel the growth of the urinary stone treatment devices market. The global prevalence of urolithiasis is rising, with an estimated 15% of the population affected. Obesity and aging populations are contributing to this trend, particularly in Asia-Pacific, which houses the largest share of the global elderly population.
What Are the Major Segments of the Urinary Stone Treatment Devices And Equipment Market?
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
What New Trends Are Transforming the Urinary Stone Treatment Devices And Equipment Market?
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.
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Which Regions Are Driving Growth in the Urinary Stone Treatment Devices And Equipment Market?
North America was the largest region in the urinary stone treatment devices and equipment market in 2023. Western Europe was the second-largest region in the urinary stone treatment devices and equipment market report. The regions covered in the urinary stone treatment devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The Urinary Stone Treatment Devices And Equipment 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 urinary stone treatment devices and equipment market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Urinary Stone Treatment Devices And Equipment Market Include
1. Urinary Stone Treatment Devices And Equipment Market Executive Summary
2. Urinary Stone Treatment Devices And Equipment Market Segments
3. Urinary Stone Treatment Devices And Equipment Market Size And Template Market Growth Rate
4. Key Urinary Stone Treatment Devices And Equipment Market Trends
5. Major Urinary Stone Treatment Devices And Equipment Market Drivers
……
25. Key Mergers And Acquisitions In The Urinary Stone Treatment Devices And Equipment Market
26. Top Urinary Stone Treatment Devices And Equipment Companies
27. Urinary Stone Treatment Devices And Equipment Market Opportunities And Strategies
28. Urinary Stone Treatment Devices And Equipment Market, Conclusions And Recommendations
29. Appendix
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