The Business Research Company’s Urinary Stone Treatment Devices And Equipment Global Market Report 2021: COVID-19 Impact And Recovery To 2030
LONDON, GREATER LONDON, UK, August 6, 2021 /EINPresswire.com/ — According to the new market research report ‘Urinary Stone Treatment Devices Global Market Report 2021: COVID-19 Impact And Recovery To 2030’ published by The Business Research Company, the urinary stone treatment devices market is expected to decline from $1.82 billion in 2020 to $1.79 billion in 2021 at a compound annual growth rate (CAGR) of -1.6%. The decline is mainly due to the deferment of treatments due to the outbreak of COVID-19 that has led to a fall in demand for the equipment. The urinary stone treatment devices (or) equipment market is expected to reach $2.46 billion in 2025 at a CAGR of 8.3%. The increasing prevalence of kidney stones, especially in the geriatric population, is driving the urinary stone treatment devices and equipment market growth.
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The urinary stone treatment devices (or) equipment market consists of sales of urinary stone treatment devices and related services which are used in the treatment and management of stones formed in the kidneys and urinary tract. Stones are made of minerals in the urine that form crystals and grow into stones. About 85% of the stones are made of calcium, and the remaining portion is composed of various substances including cysteine, uric acid, or struvite.
Trends In The Global Urinary Stone Treatment Devices Market
Companies in the industry are investing in advanced laser technology and robot-assisted surgeries to treat urolithiasis. Urolithiasis is a disease condition where calculi or stones are formed in the kidney, bladder, and urinary tract of the human body. Urolithiasis open surgeries are increasingly conducted with the help of minimally invasive procedures, advanced lasers, enhanced surgical tools, and robot-assisted devices to reduce hospitalization time, be less invasive and enable a shorter bladder catheterization time. For instance, Boston Scientific Co. is investing by way of an agreement with Lumenis, a company offering minimally invasive clinical solutions, and holmium laser technology, to use and leverage the benefits of advanced laser technology.
Global Urinary Stone Treatment Devices Market Segments:
The global urinary stone treatment devices market is further segmented based on type, end user and geography.
By Products: Extracorporeal Shock Wave Lithotripsy Devices, Holmium Laser Devices, Intracorporeal Lithotripsy Devices, Stone Retrieval Devices, Ureteral Stents
By End User: Hospitals, Ambulatory Surgery Centers, Others
By Geography: The global urinary stone treatment devices market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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Urinary Stone Treatment Devices Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides urinary stone treatment devices market overviews, analyzes and forecasts market size and growth for the global urinary stone treatment devices market, urinary stone treatment devices market share, urinary stone treatment devices market players, urinary stone treatment devices market segments and geographies, urinary stone treatment devices market’s leading competitors’ revenues, profiles and market shares. The urinary stone treatment devices market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Read Urinary Stone Treatment Devices Global Market Report 2021 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Urinary Stone Treatment Devices Market Organizations Covered: Boston Scientific, Cook Medical, C.R. Bard, DirexGroup, and Dornier MedTech.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets. Here is a list of reports from The Business Research Company similar to the Urinary Stone Treatment Devices Global Market Report 2021:
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