Urolithiasis Management Devices Market Size, Share, Growth and Forecast Report to 2024
by Susan Hill Business ConsultantThe
global urolithiasis management devices market was valued at
USD 1.27 billion in 2015 and is expected to be valued at USD 1.93 billion by
2024. The alarming growth in the incidence rate of urinary stones, over the
years, is responsible for the advancements in the treatment options. European
Association of Urology states that it is one of the most common lifestyle
disorders with a 10% prevalence rate and requires a systematic treatment
approach.
Urolithiasis
means formation of stones in the urinary system, mainly including the kidney,
ureters, and the bladder. It is a major healthcare concern in the high end
countries such as the U.S., Canada, and Germany with a recurrence rate of 50%
in most of the cases. Urolithiasis can be managed with the help of lifestyle
changes, controlled diet, or basic medication. However, various treatment
approaches need to be adopted for the removal of large stones that cause severe
pain. Depending upon the stone size, location in the body, and anatomical
variations in the urogenital tract, invasive or noninvasive stone removal
procedures are available. For instance, smaller stones can be tackled with
external shock waves (extracorporeal shock wave lithotripsy), while larger
stones can be removed through surgeries (intracorporeal lithotripsy or
percutaneous nephrolithotomy).
Smaller
stones generally do not require surgical interventions and can be cured with
the help of medication and a healthy diet. However, larger stones necessitate
different approaches for their elimination. Extracorporeal lithotripsy is one
of the common treatments employed for stone elimination and held a majority
market share in the year 2015. Intracorporeal lithotripsy treatments spot and
reduce the stones to smaller pieces with the help of endoscopy. For the disintegration
of stones, ultrasound or laser techniques are used to enable the passage of
smaller fragments through the urinary system. Owing to the effective stone-free
rate offered by intracorporeal lithotripsy, it is likely to be preferred as a
treatment option during the forecast period.
Furthermore,
percutaneous nephrolithotomy is a surgical approach deployed to eliminate
larger stones where extracorporeal or intracorporeal lithotripsies prove to be
ineffective and typically require a week’s hospitalization.
Ambulatory
surgical centers are gaining popularity over traditional hospital and
clinic settings due to the time and cost saving benefits. As a result, this
end-use segment is expected to record a lucrative growth rate during the
forecast period. Introduction of novel surgical technologies, such as endoscopy
and micro accessories including guidewires, scalpels, and baskets, to
effectively expel stones from the urinary system in a short time has enhanced
the overall acceptability of minimally invasive surgeries.
Further Key
Findings from the Study Suggest:
- Urinary stones
are highly prevalent worldwide with a 15% global target population and the
recurrence rate of 50%. Men are more susceptible to developing renal
stones than women.
- Adoption and
acceptance of intracorporeal lithotripsy contributed to more than 95%
stone-free rate, which will render it the most preferred alternative over
extracorporeal and subcutaneous treatments. On the other hand, ambulatory
surgical centers will grow at a higher rate due to the associated benefits
of lower cost and shorter perioperative time.
- The upward
trend in the adoption of sedentary lifestyle coupled with increased
consumption of unhealthy food in the developed countries is responsible
for the rising incidence of kidney stones. Ambulatory surgical service
providers are expected to experience a surge in the treatment demand as a
result of the unhealthy lifestyle changes, especially in the developed
countries.
Grand View
Research has segmented the urolithiasis management devices market by treatment
type, end use, and region:
Treatment Type
Outlook (Market revenue in USD Million, 2013 - 2024)
- Extracorporeal
Shock Wave Lithotripsy (ESWL)
- Intracorporeal
Lithotripsy
- Percutaneous
Nephrolithotomy
- Other
Treatments
End Use Outlook
(Market Revenue in USD Million, 2013 - 2024)
- Hospitals &
Clinics
- Ambulatory
Surgical Centers
Regional Outlook
(Market Revenue in USD Million, 2013 - 2024)
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia Pacific
- Japan
- China
- India
- Latin America
- Brazil
- Mexico
- Middle East and
Africa
- South Africa
Access full
research report on global urolithiasis
management devices market:
http://www.grandviewresearch.com/industry-analysis/urolithiasis-management-devices-market
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Created on Aug 1st 2019 10:11. Viewed 342 times.