Global Kidney Stone Management Devices Market to Reach Worth Usd 1,713.0 Mn by 2022: Credence Research

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Date Submitted: 06/15/2016 01:56 AM

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According to the latest report published by Credence Research, Inc. “Kidney Stone Management Devices: Market Growth, Future Prospects and Competitive Analysis, 2016-2022,” the Kidney Stone Management Devices market was valued at USD 1,238.7 Mn in 2015, and is expected to reach USD 1,713.0 Mn by 2022, expanding at a CAGR of 4.7% from 2016 to 2022.

Browse the full report Kidney Stone Management Devices: Market Growth, Future Prospects and Competitive Analysis, 2016-2022 report at http://www.credenceresearch.com/report/kidney-stone-management-devices-market

Market Insights

Growth in incidence of urolithiasis, higher recurrence rate of kidney stone, growing awareness about the disease and available therapies along with technological development in minimally invasive procedures are the major factors that facilitate to the growth of kidney stone management devices. Some of the major risk factors that have added to the prevalence of kidney stone disease are higher rates of obesity, sedentary lifestyle, unhealthy dietary habits, rise in aging population, and increasing prevalence diabetes and hypertension.

Extracorporeal shock wave lithotripsy (ESWL), intracroporeal lithotripsy/uteroscopy, and percutaneous nephrolithotripsy (PCNL) are the major methods used for treating kidney stone management. Among these, uteroscopy has been consistently gaining popularity and adoption and it is anticipated that the trend shall continue through the forecast period. Intracorporeal lithotripsy is highly preferred over ESWL and PCNL for treating symptomatic stones in kidneys. Introduction of flexible endoscopes and related accessories further added to the popularity of intracorporeal lithrotripsy in the global market. Holmium laser-based uteroscopy reduces the procedure time, sittings required and avoids the use of extraction equipment such as baskets, thus the urging additional growth to the market.

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