Urinary Stone Treatment Devices And Equipment Market Size to Exceed $5.51 Billion by 2029 | Growth and Industry Trends
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How Fast Is The Urinary Stone Treatment Devices And Equipment Market Expected to Grow Between 2025 And 2029?
There has been robust growth in the market size of urinary stone treatment devices and equipment in the past few years. The market is set to expand from a value of $4.26 billion in 2024 to $4.52 billion in 2025, showing a compound annual growth rate (CAGR) of 6.2%. Factors such as increasing cases of urinary stones, an aging demographic, enhanced healthcare accessibility, and varying lifestyle influences can be credited for this growth in the historical period.
What Growth Rate Is Anticipated for the Urinary Stone Treatment Devices And Equipment Market in the Coming Years?
The market for urinary stone treatment devices and equipment is predicted to experience significant expansion in the approaching years, reaching a value of $5.51 billion in 2029 with a compound annual growth rate (CAGR) of 5.0%. The projected growth during the forecast period can be ascribed to factors such as the evolution of minimally invasive procedures, an upsurge in emerging markets, advancements in personalized medicine, and regulatory backing. Renowned trends during the forecast duration encompass telemedicine and remote consultation, breakthrough imaging technologies, 3D printing and customization, and non-invasive treatment alternatives.
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Who Are the Leading Companies in the Urinary Stone Treatment Devices And Equipment Market?
Major companies operating in the urinary stone treatment devices and equipment market include Boston Scientific Corporation Inc., Cook Medical, C.R. Bard, Direx Group, Dornier MedTech, Bard Medical Division, Richard Wolf, Siemens Healthineers AG, Olympus Corporation, Karl Storz, HealthTronics Inc., Lumenis Ltd., Storz Medical AG, Medispec Ltd., EDAP TMS S.A., Coloplast A/S, Allengers Medical Systems Ltd., Conmed Corporation, Guangzhou Potent Optotronic Technology Co., Becton Dickinson and Company, Medtronic plc, American Medical Systems, Limmer Laser GmbH, GEMSS Co. Ltd., Convergent Laser Technologies, Hobbs Medical Inc, Endo Health Solutions Inc., Medical Coaches Inc., Applied Medical Technology Inc., E.M.S. Electro Medical Systems, EMD Medical Technologies, EMS Shockwave, InnoTherapy Inc., JenaSurgical, MTS Medical, Physio Invasiva, Santronix, Siare Engineering International Group, SonaCare Medical, Sonoscape Medical Corp., Stryker Corporation
What Are the Key Drivers of the Urinary Stone Treatment Devices And Equipment Market?
The escalating incidences of Kidney Stones, particularly amongst the elderly, are stimulating the growth of the urinary stone treatment devices and equipment market. An increasing rate of urolithiasis is being reported worldwide. Based on a certain study, roughly 30% of the global populace is affected by obesity, and approximately 900 million people are classified as geriatrics, with forecasts predicting an increase to 1.4 billion by 2030. The global kidney stone prevalence is on a rise, with projections estimating it could reach up to 15%. As per a Robotic Stone assessment, the likelihood of stone development is 20.1% in Saudi Arabia and 13% in the USA. Stone ailments or urolithiasis are common in the older population. The Asia-Pacific region currently houses over half of the world’s population aged above 60 years and these numbers are anticipated to escalate to 2.45 billion by 2050.
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What Are the Key Market Segments in the Urinary Stone Treatment Devices And Equipment Industry?
The urinary stone treatment devices and equipment market covered in this report is segmented –
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
Subsegments:
1) By Extracorporeal Shock Wave Lithotripsy Devices (ESWL): Electrohydraulic Lithotripsy, Piezoelectric Lithotripsy, Electromagnetic Lithotripsy
2) By Holmium Laser Devices: Holmium Laser Lithotripsy Systems, Holmium Fiber Lasers
3) By Intracorporeal Lithotripsy Devices: Laser Lithotripsy Systems, Pneumatic Lithotripsy Devices, Ultrasound Lithotripsy Devices
4) By Stone Retrieval Devices: Graspers, Baskets, Forceps
5) By Ureteral Stents: Metal Ureteral Stents, Silicone Ureteral Stents, Coated Ureteral Stents
What Are the Latest Trends in the Urinary Stone Treatment Devices And Equipment Market?
Urolithiasis, a health condition characterized by the formation of stones in the kidney, bladder, and urinary tract, is being addressed increasingly by industry companies investing in advanced laser technology and robotic-assisted surgeries. The shift toward less invasive procedures, using enhanced surgical tools, sophisticated lasers and robotic assistance, allows for shortened hospital stays and reduced bladder catheterization times. For instance, Boston Scientific Co. has formed an agreement with Lumenis, a firm that provides minimally-invasive clinical solutions and holmium laser technology, in a bid to tap into the advantages provided by these advanced laser technologies.
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What Are the Key Regional Markets in the Urinary Stone Treatment Devices And Equipment Industry?
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.
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This Report Delivers Insight On:
1. How big is the urinary stone treatment devices and equipment market, and how is it changing globally?
2. Who are the major companies in the urinary stone treatment devices and equipment market, and how are they performing?
3. What are the key opportunities and risks in the urinary stone treatment devices and equipment market right now?
4. Which products or customer segments are growing the most in the urinary stone treatment devices and equipment market?
5. What factors are helping or slowing down the growth of the urinary stone treatment devices and equipment market?
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