Urolithiasis Management Devices Market Size Hit US$ 11.93 billion by 2030

Latest Research Study on “urolithiasis management Market – Global Industry Analysis, Market Size, Share, Growth, Trends, Region Region Outlook, And Segment Forecasts, 2021 – 2030”.

The Global urolithiasis management devices market size is expected to reach around US$ 11.93 billion by 2030 and is anticipated to grow at a CAGR of X% during forecast period 2021 to 2030.

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Report Highlights

ESWL is a minimally invasive treatment widely used till date. ESWL market was the largest in terms of revenue in the year 2020 owing to easy access to this treatment. This treatment is commonly provided by healthcare providers and is cost-efficient. In this technique, shock waves are primarily employed to disintegrate stones of diameter range 4 mm-2 cm into smaller pieces allowing their easy passage out of the body. It is usually an outpatient treatment as there is no need for hospital stay and works well in case of relatively smaller urinary stones which are common in patients with stones. The types of shock wave generators used are electrohydraulic, piezoelectric, and electromagnetic.

Intracorporeal lithotripsy refers to the visualization of stones employing endoscopy followed by simultaneous fragmentation of the stones with the help of lasers into passable pieces. Patients with large stones who do not form suitable candidates for ESWL generally undergo intracorporeal lithotripsy. Intracorporeal lithotripsy treatments require minimal insertion and provide an almost 95% stone-free rate. The procedure is performed under anesthesia and is available easily in hospitals and clinics worldwide. Intracorporeal lithotripsy yields an impressive stone free outcome and although an invasive procedure, it requires a short time with no specific adverse effects as compared to ESWL. Hence, it is likely to be the more preferred stone removal treatment over the forecast period.

Surgical removal of stones is an inevitable option in cases where stones block the flow of urine due to their large size. are slowly gaining popularity as they offer time-saving and cost-effective treatment options and reduce the prolonged hospital stay. The technological advancements in the field of surgery, such as the availability of minimally invasive endoscopes, scalpels, baskets, etc., enable urologists to perform painless stone removal. The preference for ambulatory surgical centers for the treatment of urinary stones would be greater in the developed countries, such as the U.S., Canada, the U.K., and Germany, due largely to their easy accessibility. Thus, this segment is expected to exhibit the highest growth rate during the forecast period. 

Key Players

Allengers Medical Systems Ltd.
• Boston Scientific Corporation
• C.R. Bard, Inc.
• Cook Medical
• ConMed Corporation
• DirexGroup
• Dornier MedTech GmbH
• Guangzhou Potent Optotronic Technology Co., Ltd.
• HealthTronics, Inc.
• Karl Storz GmbH & Co. KG

Market Segmentation

Treatment Type Outlook 

  • Extracorporeal Shock Wave Lithotripsy (ESWL)

  • Intracorporeal Lithotripsy

  • Percutaneous Nephrolithotomy

  • Other Treatments

End Use Outlook

  • Hospitals & Clinics

  • Ambulatory Surgical Centers

Regional Outlook

  • North America

    • U.S.

    • Canada

  • Europe

    • UK

    • Germany

  • Asia Pacific

    • Japan

    • China

    • India

  • Latin America

    • Brazil

    • Mexico

  • Middle East and Africa

    • South Africa

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Urolithiasis Management Devices industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

The Urolithiasis Management Devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Urolithiasis Management Devices market.

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

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