Kidney Stone Retrieval Devices Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.30 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Kidney Stone Retrieval Devices Market Analysis
Kidney Stone Retrieval Devices Market is poised to grow at a CAGR of 4.3% over the forecast period. The major factor attributing to the growth of the market is the increase in the prevalence of nephrolithiasis, globally.
Initially, the outbreak of COVID-19 worldwide and the lockdown situation across some countries have shown some challenges in the market studied due to the hold on services by the hospitals and clinics to prevent the spread of the COVID-19 virus. In addition, people with existing illnesses, such as acute kidney injury (AKI) and chronic kidney disease (CKD), hypertension, and diabetes, are expected to experience a higher-than-average fatality rate. As per Johns Hopkins University, some people with COVID-19 are showing signs of kidney damage, even those with no underlying kidney problems before they were infected with the coronavirus. Moreover, about 30% of patients hospitalized with COVID-19 in New York and China developed moderate or severe kidney injury. In patients with COVID-19, kidney problems include abnormal blood work and high protein levels in the urine, which may lead to kidney damage in some cases and require dialysis. In addition, National Kidney Foundation Inc., in 2020, stated that people on dialysis treatment may be at higher risk for severe disease from COVID-19. For severe cases, patient recovery may take six weeks or more. However, it is observed that the emergency cases for kidney diseases were utilizing the hospital services during pandemic.
The article published in the National Institute of Health in April 2022 states that kidney stone disease, also known as nephrolithiasis or urolithiasis, is among the oldest diseases. It is estimated that 11% of people will develop kidney stones at some point in their lives, and the prevalence and incidence of kidney stones are increasing worldwide. The prevalence of urolithiasis accounted for 11.2 %, with 48.8% having a first-degree relative with the disease. Thus, the increasing cases of kidney stones increase the demand for kidney stone retrieval devices, which is expected to boost the market's growth during the forecast period.
Kidney Stone Retrieval Devices Market Trends
This section covers the major market trends shaping the Kidney Stone Retrieval Devices Market according to our research experts:
Lithotripters is the Fastest-growing Segment of the Market Studied
Lithotripsy treats kidney stones by sending focused ultrasonic energy or shock waves directly to the stone first located with fluoroscopy or ultrasound. The shock waves break a large stone into smaller stones that will pass through the urinary system.
Lithotripsy allows people with certain types of stones in the urinary system to avoid an invasive surgical procedure for stone removal. According to the article titled Epidemiology of Kidney Stones in the European Union in March 2021, the prevalence and incidence of Urolithiasis have significantly increased during the past few decades in Europe. Both the production of stones and the makeup of stones appear to be correlated with age and gender. The most typical stone kind in Europe is calcium oxalate (CaOx) stone. Over the years, intracorporeal lithotripsy has become one of the most preferred methods, when compared to surgical removal of kidney stones. This has largely been due to the advantage of its relative safety, low cost, less recovery time, and positive patient outcomes.
The deployment of lithotripsy devices is increasing in developing countries which is acting as a fueling factor for the market studied. For instance, in October 2020, JIPMER installed a new advanced Extracorporeal Shock-Wave Lithotripsy System (Dornier Delta III) in the Department of Urology in India.
Hence, owing to the above-mentioned factors, the segment studied is believed to witness strong growth over the forecast period.
North America Dominates the Market and Expected to do Same in the Forecast Period
North America is expected to dominate the overall market throughout the forecast period. The market growth is due to factors, such as the presence of key players, the high prevalence of urolithiasis in the region, and established healthcare infrastructure. Furthermore, beneficial government initiatives and an increase in the number of research partnerships are some of the drivers that are expected to increase the market growth.
The incidence rate of stage IV chronic kidney disease increased with age. For those 75 years and older, the risk of death was much higher than that of kidney failure. The high burden of chronic kidney disease is also expected to boost the market, as this will increase demand for renal dialysis in the coming years. In addition, diabetes and high blood pressure are the major causes of CKD in adults. Other risk factors include heart disease, obesity, a family history of CKD, and past damage to the kidneys. In this region, the United States has the maximum share due to supportive healthcare policies, a high number of patients, and a developed healthcare market. In the United States, kidney stones send more than 500,000 people to the emergency room each year, as stated by the National Kidney Foundation 2020 data. As per the statistics, the increasing patient pool and increasing disposable revenue in this country boost the market growth of the region.
Hence, owing to the above-mentioned factors, the market studied is expected to witness strong growth in the North American region over the forecast period.
Kidney Stone Retrieval Devices Industry Overview
The kidney stone retrieval Devices market is moderately competitive and consists of several major players. Some of the companies which are currently dominating the market are Boston Scientific Corporation, Becton, Dickinson and Company, Cook Medical, Olympus, STORZ MEDICAL AG, Richard Wolf, Dornier MedTech GmbH, Walz Elektronik GmbH, Lumenis.
Kidney Stone Retrieval Devices Market Leaders
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Boston Scientific Corporation
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Becton, Dickinson and Company
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Cook Medical
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Olympus
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STORZ MEDICAL AG
*Disclaimer: Major Players sorted in no particular order
Kidney Stone Retrieval Devices Market News
- In January 2022, Applaud Medical, Inc. (Applaud), an emerging leader in the treatment of kidney stones, announced that its Acoustic Enhancer technology has received the Breakthrough Device designation from the U.S. Food and Drug Administration (FDA).
- In July 2022, Calyxo hoovered up USD 32M for a vacuum-assisted device to remove kidney stone fragments.
Kidney Stone Retrieval Devices Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
-
4.2 Market Drivers
- 4.2.1 Increasing Incidence of Urolithiasis
- 4.2.2 Technological Advancements in the Products
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4.3 Market Restraints
- 4.3.1 Stringent Government Regulations
- 4.3.2 Lack of Skilled Labor
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4.4 Porter's Five Forces Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size - Value in USD million)
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5.1 By Product
- 5.1.1 Stone Removal Baskets
- 5.1.2 Lithotripters
- 5.1.3 Ureteroscopes
- 5.1.4 Other Products
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5.2 By End User
- 5.2.1 Hospitals and Clinics
- 5.2.2 Specialty Clinics
- 5.2.3 Ambulatory Surgery Centers
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5.3 Geography
- 5.3.1 North America
- 5.3.1.1 United States
- 5.3.1.2 Canada
- 5.3.1.3 Mexico
- 5.3.2 Europe
- 5.3.2.1 Germany
- 5.3.2.2 United Kingdom
- 5.3.2.3 France
- 5.3.2.4 Italy
- 5.3.2.5 Spain
- 5.3.2.6 Rest of Europe
- 5.3.3 Asia-Pacific
- 5.3.3.1 China
- 5.3.3.2 Japan
- 5.3.3.3 India
- 5.3.3.4 Australia
- 5.3.3.5 South Korea
- 5.3.3.6 Rest of Asia-Pacific
- 5.3.4 Middle East & Africa
- 5.3.4.1 GCC
- 5.3.4.2 South Africa
- 5.3.4.3 Rest of Middle East & Africa
- 5.3.5 South America
- 5.3.5.1 Brazil
- 5.3.5.2 Argentina
- 5.3.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 Boston Scientific Corporation
- 6.1.2 Becton, Dickinson and Company
- 6.1.3 Cook Medical
- 6.1.4 Olympus Corporation
- 6.1.5 STORZ MEDICAL AG
- 6.1.6 Richard Wolf
- 6.1.7 Dornier MedTech GmbH
- 6.1.8 Walz Elektronik GmbH
- 6.1.9 Lumenis
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityKidney Stone Retrieval Devices Industry Segmentation
Kidney stone disorder is characterized by crystal formation in the kidneys. Ureteroscopy is a procedure to address kidney stones and involves the passage of a small telescope, called a ureteroscope, through the urethra and bladder and up the ureter to the point where the stone is located. The Kidney Stone Retrieval Devices Market is segmented by Product (Stone Removal Baskets, Lithotripters, Ureteroscopes, Other Products), End User (Hospitals and Clinics, Specialty Clinics, Ambulatory Surgery Centers), and Geography (North America, Europe, Asia-Pacific, Middle East, and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions, globally. The report offers the value (in USD million) for the above segments.
| By Product | Stone Removal Baskets | |
| Lithotripters | ||
| Ureteroscopes | ||
| Other Products | ||
| By End User | Hospitals and Clinics | |
| Specialty Clinics | ||
| Ambulatory Surgery Centers | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | Middle East & Africa | GCC |
| South Africa | ||
| Rest of Middle East & Africa | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America |
Kidney Stone Retrieval Devices Market Research FAQs
What is the current Global Kidney Stone Retrieval Devices Market size?
The Global Kidney Stone Retrieval Devices Market is projected to register a CAGR of 4.30% during the forecast period (2024-2029)
Who are the key players in Global Kidney Stone Retrieval Devices Market?
Boston Scientific Corporation, Becton, Dickinson and Company, Cook Medical, Olympus and STORZ MEDICAL AG are the major companies operating in the Global Kidney Stone Retrieval Devices Market.
Which is the fastest growing region in Global Kidney Stone Retrieval Devices Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Global Kidney Stone Retrieval Devices Market?
In 2024, the North America accounts for the largest market share in Global Kidney Stone Retrieval Devices Market.
What years does this Global Kidney Stone Retrieval Devices Market cover?
The report covers the Global Kidney Stone Retrieval Devices Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Kidney Stone Retrieval Devices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Kidney Stone Industry Report
Statistics for the 2024 Kidney Stone market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Kidney Stone analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
