The Business Research Company’s Urinary Stone Treatment Devices and Equipment Global Market Report 2024 – Market Size, Trends, And Market Forecast 2024-2033
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The urinary stone treatment devices and equipment market have witnessed robust growth, surging from $2.97 billion in 2023 to $3.15 billion in 2024, with a compelling compound annual growth rate (CAGR) of 6.0%. The market is poised for continued expansion, projecting a rise to $3.86 billion by 2028, fueled by a CAGR of 5.2%. Factors contributing to this growth include rising incidence of urinary stones, an aging population, improved healthcare access, and lifestyle factors.
Segmentation: Tailoring Solutions for Diverse Needs
The market caters to various needs through segmentation:
1. By Product:
• Extracorporeal Shock Wave Lithotripsy Devices
• Holmium Laser Devices
• Intracorporeal Lithotripsy Devices
• Stone Retrieval Devices
• Ureteral Stents
2. By Stone Type:
• Calcium Stones
• Struvite
• Uric Acid
• Cystine
• Drug-Induced
3. By End User:
• Hospitals
• Ambulatory Surgery Centers
• Other End Users
Market Dynamics: Unveiling Growth Drivers and Trends
Growth Drivers:
1.Rising Prevalence of Kidney Stones: The geriatric population’s increasing incidence of kidney stones is a primary driver. Globally, urolithiasis prevalence is on the rise, particularly among the aging population.
2.Impact of Healthcare Expenditure: The escalating healthcare expenditure worldwide is pivotal in fostering the development, accessibility, and utilization of urinary stone treatment devices and equipment.
Major Trends:
1.Innovations in Treatment Techniques: Minimally invasive techniques, personalized medicine, and regulatory support are driving innovations in urinary stone treatment. Telemedicine, remote consultation, advanced imaging technologies, 3D printing, and non-invasive treatment options are noteworthy trends.
Market Insights: Regional Dominance and Growth Prospects
North America emerged as the largest region in the urinary stone treatment devices and equipment market in 2023, with Western Europe following closely. The regions covered include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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Key Players: Shaping the Future of Urinary Stone Treatment
Leading companies contributing to market growth include Boston Scientific Corporation Inc., Cook Medical, C.R. Bard, Direx Group, Dornier MedTech, and Siemens Healthineers AG, among others.
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Urinary Stone Treatment Devices And Equipment Global Market Report 2023 from TBRC covers the following information:
•Market size date for the forecast period: Historical and Future
•Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
•Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Urinary Stone Treatment Devices And Equipment Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on urinary stone treatment devices and equipment market size, urinary stone treatment devices and equipment market drivers and urinary stone treatment devices and equipment market trends, urinary stone treatment devices and equipment market major players, urinary stone treatment devices and equipment market competitors’ revenues, urinary stone treatment devices and equipment market positioning, and urinary stone treatment devices and equipment market growth across geographies. The urinary stone treatment devices and equipment market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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Originally published at https://www.einpresswire.com/article/676774827/evolution-of-the-urinary-stone-treatment-devices-and-equipment-market-a-comprehensive-analysis