In-Depth Insights into the Urolithiasis Management Devices Market: Growth, Trends, and Opportunities for 2025-2034
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What Are the Projected Expansion Rates of the Urolithiasis Management Devices Market for the Next Decade?
Over the past few years, the urolithiasis management devices market has exhibited significant growth. The market value will rise from $1.59 billion in 2024 to $1.7 billion in 2025, showing a compound annual growth rate (CAGR) of 6.9%. The past growth could be credited to increased spending on healthcare, investments towards urological care, an aging population resulting in a higher urolithiasis occurrence, development of healthcare facilities in emerging regions, rules and guidelines endorsing safety and effectiveness, and inactive lifestyles.
In the coming years, the urolithiasis management devices market is anticipated to experience significant expansion. It is projected to reach $2.19 billion by 2029, with a compound annual growth rate (CAGR) of 6.5%. The expected growth within this period can be credited to increased knowledge concerning minimally invasive procedures, heightened occurrence and repeat instances of urolithiasis, continued progress in endoscopic procedures, a shift to outpatient care due to economic efficiency and shorter hospital stays, and augmented patient inclination towards non-invasive treatment methods. Key trends within the forecast period consist of ongoing technological innovation in devices, focus on patient ease and safety, the incorporation of robotics and artificial intelligence (AI) into urolithiasis management devices, and progress in molecular diagnostics and genetic profiling.
How Are the key drivers expanding the growth of the Urolithiasis Management Devices Market?
The escalation in kidney disease cases is anticipated to stimulate the expansion of the urolithiasis management devices market. Kidney ailments, alternatively identified as renal disease or nephropathy, denote a condition where kidney damage occurs, leading to impaired functionality. The escalating instances of such diseases can be attributed to factors such as higher consumption of animal proteins, insufficient physical exercise, and climbing obesity statistics. Urolithiasis management tools aid medical practitioners to conduct exact procedures, unblock obstructions, avoid complications and enhance patient results concerning urolithiasis-related kidney complications. For example, Kidney Research UK, a charity organization based in the United Kingdom, forecasted that there would be a rise in acute kidney injury cases from an approximated 615,000 instances in 2022 to 637,000 by 2033. Hence, the escalating instances of kidney diseases are fuelling the growth of the urolithiasis management devices market.
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Which Companies Are Redefining the Future of the Urolithiasis Management Devices Market?
Major companies operating in the urolithiasis management devices market are:
• Medtronic plc
• Siemens Healthineers AG
• Boston Scientific Corporation
• Olympus Corporation
• NOVAmedtek
What Trends Are Poised to Drive the Future Success of the Urolithiasis Management Devices Market?
Leading companies in the urolithiasis management devices market are capitalizing on innovative technology-driven products, like thulium fiber laser (TFL) technology-based laser devices, to secure a competitive advantage. The Thulium Fiber Laser (TFL) technology showcases a cutting-edge laser system employed for the handling and cure of urolithiasis, also known as urinary stones. To illustrate, Coloplast AS, a Denmark-headquartered firm specializing in urological medical equipment and services, brought to market the Coloplast TFL Drive in July 2023. This was the debut laser product designed to pulverize kidney stones. This state-of-the-art, unified thulium fiber laser system is engineered for lithotripsy, BPH (Benign prostatic hyperplasia) treatment, and accurate soft tissue procedures. It enables quicker, safer therapies, providing surgical versatility and remarkably efficient intra-operative performance by utilizing the current Thulium Fiber Laser (TFL) technology.
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Which Key Segments of the Urolithiasis Management Devices Market Are Poised for Growth and Innovation?
The urolithiasis management devices market covered in this report is segmented –
1) By Product Type: Lithotripters, Ureteroscopes
2) By Treatment Type: Extracorporeal Shock Wave Lithotripsy (ESWL), Intracorporeal Lithotripsy, Percutaneous Nephrolithotomy, Other Treatment Types
3) By End Users: Hospitals, Clinics, Ambulatory Surgical Centers
Subsegments:
1) By Lithotripters: Extracorporeal Shock Wave Lithotripters (Eswl), Laser Lithotripters, Pneumatic Lithotripters
2) By Ureteroscopes: Rigid Ureteroscopes, Flexible Ureteroscopes
What Are the Leading Regions in the Urolithiasis Management Devices Market Expansion?
North America was the largest region in the urolithiasis management devices market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the urolithiasis management devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Are the Core Features That Define the Urolithiasis Management Devices Market?
Urolithiasis management devices refer to medical tools and devices used in the diagnosis, treatment, and management of urolithiasis, which is the formation of stones (calculi) in the urinary tract. They are primarily used for retrieving, breaking, or aiding the passage of kidney stones, providing minimally invasive treatment options. These devices aim to address the challenges posed by kidney stones by offering efficient and less intrusive solutions for their management.
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