USD 1.8 billion
Global Kidney Stones Management Market Size, Share, Growth Analysis, By Treatment(ESWL, ureteroscopy), By Type(Calcium oxalate, calcium phosphate) - Industry Forecast 2024-2031
Report ID:
SQMIG35D2135 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
64 |
Figures:
75
Global Kidney Stones Management Market Insights
Kidney Stones Management Market size was valued at USD 1.8 billion in 2021 and is poised to grow from USD 1.93 billion in 2022 to USD 3.31 billion by 2030, at a CAGR of 7% during the forecast period (2023-2030).
Global Kidney Stones Management Market is a thriving and dynamic sector in the healthcare industry, poised for continued growth in the present era. Characterized by an increasing prevalence of kidney stone cases worldwide, this market is witnessing a surge in demand for effective and innovative treatment solutions. Presently, cutting-edge technologies and advanced medical procedures such as shock wave lithotripsy, ureteroscopy, and percutaneous nephrolithotomy are widely adopted for efficient stone removal, promoting quicker recovery times and reduced patient discomfort. Additionally, the market is experiencing a significant upswing in minimally invasive techniques, such as laser lithotripsy and robotic-assisted surgeries, offering precise stone targeting and enhanced patient outcomes. Furthermore, a growing focus on research and development activities by key industry players has resulted in the introduction of novel pharmaceuticals aimed at preventing stone recurrence and managing pain associated with kidney stones. Geographically, North America hold substantial market shares due to the high incidence of kidney stone cases and favorable reimbursement policies. However, the Asia-Pacific region is expected to witness the fastest growth rate during the present period, attributed to increasing healthcare infrastructure, rising awareness, and improved accessibility to advanced treatment options. In conclusion, the global market is currently characterized by technological advancements, growing adoption of minimally invasive procedures, and significant regional expansion, indicating a promising outlook for the industry's future.
US Kidney Stones Management Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
ESWL
Fastest Growth
ESWL
Growth Rate
7% CAGR
Global Kidney Stones Management Market ($ Bn)
Country Share for North America Region (%)
Global Kidney Stones Management Market By Treatment ($ Bn)
Global Kidney Stones Management Market By Treatment (%)
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Global Kidney Stones Management Market Segmental Analysis
Global Kidney Stones Management Market is segmented on the basis of treatment, type, and region. Based on treatment, the market is segmented into ESWL, ureteroscopy, PCNL and others. Based on type, the market can be segmented into Calcium oxalate, calcium phosphate, uric acid, struvite and cysteine. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Kidney Stones Management Market Analysis By Treatment
The dominant segment in the Global Kidney Stones Management Market is Extracorporeal Shock Wave Lithotripsy (ESWL). ESWL holds the largest market share due to its non-invasive nature and wide availability, making it a preferred choice for treating kidney stones. The procedure involves using shock waves to break down the stones into smaller fragments, which are then passed out of the body through urine. ESWL's effectiveness, minimal complications, and shorter recovery times contribute to its prominence in the market.
The fastest-growing segment in the Global Kidney Stones Management Market is Percutaneous Nephrolithotomy (PCNL). PCNL is experiencing rapid adoption owing to its high success rate in treating large and complex kidney stones. The procedure involves making a small incision in the back and inserting a nephroscope to directly remove or break down the stones. PCNL's efficacy in handling more challenging cases and reducing the need for multiple treatments has led to its accelerated growth in the market. Additionally, advancements in technology and surgical techniques have further fueled the demand for PCNL as a reliable and efficient option for kidney stone management.
Kidney Stones Management Market Analysis By Type
The dominant segment in the Global Kidney Stones Management Market is Calcium oxalate stones. Calcium oxalate stones are the most prevalent type of kidney stones, accounting for a significant majority of cases worldwide. Various factors, including dietary habits, genetics, and lifestyle choices, contribute to the formation of these stones. As a result of their widespread occurrence, a considerable portion of the market is focused on the development of treatment options specifically targeted at Calcium oxalate stones. Medical advancements and research efforts have led to the creation of effective interventions to manage and prevent the recurrence of these stones, consolidating the dominance of this segment in the market.
The fastest-growing segment in the Global Kidney Stones Management Market is Uric Acid stones. Uric Acid stones are witnessing a rapid increase in prevalence, attributed to factors such as dietary changes, sedentary lifestyles, and certain medical conditions like gout. The rising incidence of Uric Acid stones has necessitated the development of innovative treatment strategies and specialized medications tailored to dissolve or remove these specific stones efficiently. Additionally, increased awareness among healthcare providers and patients about the importance of early detection and targeted management has further fueled the growth of this segment. As a consequence, the market is experiencing a notable surge in demand for Uric Acid stone-related products and services, making it the fastest-growing segment in the kidney stones management market.
Global Kidney Stones Management Market By Treatment, 2023 (%)
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Global Kidney Stones Management Market Regional Insights
The dominant region in the Global Kidney Stones Management Market is North America. North America holds the largest market share due to several factors, including a high prevalence of kidney stone cases, well-established healthcare infrastructure, advanced medical technologies, and a strong emphasis on research and development. The region's robust healthcare system facilitates early diagnosis and access to a wide range of treatment options, contributing to the prominence of North America in the kidney stones management market. Additionally, favorable reimbursement policies and increased awareness among patients and healthcare professionals further bolster the market's growth in this region.
The fastest-growing segment in the Global Kidney Stones Management Market is Asia Pacific. The Asia Pacific region is witnessing rapid market expansion primarily due to factors such as the growing incidence of kidney stone cases, rising healthcare expenditure, increasing adoption of advanced medical technologies, and improving healthcare accessibility in various countries within the region. Additionally, changing lifestyles, dietary habits, and a larger aging population contribute to the higher prevalence of kidney stones, creating a substantial demand for effective management solutions. Furthermore, continuous efforts by governments and healthcare organizations to improve healthcare infrastructure and raise awareness about kidney stone management further drive the market's rapid growth in the Asia Pacific region.
Global Kidney Stones Management Market By Geography, 2024-2031
- Largest
- Fastest
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Global Kidney Stones Management Market Dynamics
Kidney Stones Management Market Drivers
Increasing prevalence of kidney stone cases worldwide
- One key driver of the Global Kidney Stones Management Market is the increasing prevalence of kidney stone cases worldwide. The rising incidence of kidney stones is contributing to a growing demand for effective treatment solutions, leading to the development of advanced medical technologies and innovative procedures. As the number of individuals affected by kidney stones continues to increase, there is a greater focus on research and development efforts to improve existing treatment options and introduce new interventions, driving the growth of the market.
Kidney Stones Management Market Restraints
High cost associated with certain treatment procedures and technologies
- One key restraint of the Global Kidney Stones Management Market is the high cost associated with certain treatment procedures and technologies. While advanced treatment options, such as robotic-assisted surgeries and laser lithotripsy, offer significant benefits in terms of precision and patient outcomes, they can also be expensive. Additionally, some of these procedures may not be widely accessible or covered by healthcare insurance, limiting their adoption in certain regions or for patients with financial constraints. The cost factor can hinder the widespread adoption of advanced treatments, impacting the market's overall growth to some extent.
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Global Kidney Stones Management Market Competitive Landscape
The competitive landscape of the Global Kidney Stones Management Market is characterized by intense rivalry among key market players striving to enhance their market positions. These companies are focusing on research and development activities to introduce innovative treatment options and technologies for efficient kidney stone management. Additionally, partnerships, collaborations, and strategic acquisitions are common strategies employed by players to expand their product portfolios and geographical reach. With a strong emphasis on addressing the increasing demand for effective kidney stone treatments, the market is witnessing continuous advancements and a constant drive to improve patient outcomes. Regulatory approvals and compliance play a significant role in shaping the competitive dynamics of the market, as companies aim to gain a competitive edge by adhering to stringent quality and safety standards.
Kidney Stones Management Market Top Player’s Company Profiles
- EDAP TMS S.A. (France)
- Dornier MedTech (Subsidiary of Accuron MedTech) (Germany)
- Lumenis Ltd. (Israel)
- GEMSS Co. Ltd. (South Korea)
- Richard Wolf GmbH (Germany)
- STORZ MEDICAL AG (Switzerland)
- Olympus Corporation (Japan)
- Boston Scientific Corporation (US)
- Stryker Corporation (US)
- Medtronic plc (Ireland)
- Cook Medical LLC (US)
- Coloplast Group (Denmark)
- Karl Storz SE & Co. KG (Germany)
- Allengers Medical Systems Ltd. (India)
- Convergent Laser Technologies (US)
- Novamedtek (Turkey)
- Quanta System S.p.A. (Italy)
Kidney Stones Management Market Recent Developments
- In February 2023, Johnson & Johnson MedTech company, Ethicon, issued a news release announcing the successful treatment of the first patient in a clinical study using their MONARCH platform for robotic-assisted kidney stone removal. This advanced surgical approach has the potential to reduce complications and the need for retreatment in kidney stone removal procedures.
- In June 2022, biotechnology company Endoluxe and Dornier MedTech entered into an exclusive distribution agreement for the urology market, aiming to bolster their urology devices portfolio.
- In September 2021, multinational medical device manufacturer Boston Scientific completed the acquisition of Lumenis's surgical business for a sum of US$1.07 billion. This strategic acquisition added Lumenis's MOSES technology to Boston Scientific's urology product portfolio, enhancing their offerings for kidney stone management.
Global Kidney Stones Management Key Market Trends
- Increasing adoption of robotic-assisted surgeries for kidney stone removal: One key market trend in the Global Kidney Stones Management Market is the increasing adoption of robotic-assisted surgeries for kidney stone removal. Robotic platforms, such as Ethicon's MONARCH platform mentioned in the news release, are gaining popularity in the field of urology due to their precision and ability to reduce the risk of complications during procedures. The integration of robotic technology allows for more accurate and controlled maneuvers, leading to improved patient outcomes and potentially minimizing the need for retreatment after kidney stone removal surgeries. This trend reflects the industry's continuous efforts to embrace advanced technologies that enhance the efficacy and safety of kidney stone management procedures.
Global Kidney Stones Management Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our Global Kidney Stones Management Market analysis, the market is a rapidly growing sector in the healthcare industry, driven by an increasing prevalence of kidney stone cases worldwide. The market is segmented based on treatment options, types of kidney stones, and geographical regions. Dominant segments include Extracorporeal Shock Wave Lithotripsy (ESWL) for treatment and Calcium oxalate stones by type. The market is witnessing significant advancements in medical technologies, including robotic-assisted surgeries, leading to improved patient outcomes and reduced complications. While North America holds the largest market share, the Asia Pacific region is the fastest-growing segment due to the rising incidence of kidney stones and improving healthcare accessibility. However, the high cost of certain treatments poses a restraint on the market's overall growth. Companies in the market are actively engaged in research and development activities, strategic partnerships, and acquisitions to gain a competitive edge and address the growing demand for effective kidney stone management solutions. Overall, the market's future looks promising, driven by continuous innovations and a focus on better patient care.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 1.8 billion |
| Market size value in 2031 | USD 3.31 billion |
| Growth Rate | 7% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Kidney Stones Management Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Kidney Stones Management Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Kidney Stones Management Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Kidney Stones Management Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Kidney Stones Management Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Kidney Stones Management Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Kidney Stones Management Market Report Snapshots
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