Global Kidney Stones Management Market

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 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

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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).

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. 'Siemens Healthineers AG (Germany)', 'Inceler Medikal Co. Ltd. (Turkey)', 'DirexGroup (Israel)', '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)'

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.

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.

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.

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