The World Kidney Stones Market and is expected to reach USD 3,000 Million by 2023. North
America holds the largest market share of 50.8% of kidney stones market and is anticipated
to reach USD 7 Million by the end of the forecast period.
The Global Kidney Stones Market and is expected to reach USD 3,000 million by 2023. Hard
deposits of minerals and acid salts that stick together in concentrated urine causes kidney
stones. They are painful when passing through the urinary tract, but typically don't cause
permanent damage. The Global Kidney Stone Market is growing at a steady pace and it is
expected to grow at a CAGR of ~4.0 % during 2017 to 2023. The major factors that
influence the growth of the market are minimally invasive procedures for the treatment of
kidney stones, increasing instances of urolithiasis in the adult population and poor nutrition.
The global kidney stones market has been evaluated as rapidly growing market and
expected to reach at high growth figures over the review period. A significant growth in the
number of people getting diagnosed with nephrolithiasis has been observed. People with
obesity, diabetes, and gout are more prone to be diagnosed with kidney stones than the
healthy people. Development of the kidney stones may be influenced by eating habits and
the intake of fluids in the body. Small kidney stones can be treated with medical therapy
and hydrotherapy. But the large kidney stones need to be removed with the various
procedures that are available to treat nephrolithiasis. The global kidney stones market is
expected to grow at a CAGR of 4.0% during the forecast period and is estimated to reach
USD 3,000 million by 2023.
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Major Players in Kidney Stones Market
Some of the key players in the global market: Boston Scientific Corp., C.R. Bard Inc.,
Convergent Laser Technologies, Cook Medical Inc., DirexGroup, Dornier MedTech GmbH,
E.M.S. Electro Medical Systems S.A., Elmed Electronics & Medical Industry & Trade Inc.,
Medispec Ltd., Olympus Corp., Richard Wolf GmbH, Siemens Ltd., STORZ MEDICAL AG,
Stryker Corp. and others.
Regional Analysis
The global kidney stone market consists of four regions: the Americas, Europe, Asia Pacific,
and the Middle East & Africa.
The Americas dominates the market, particularly, North America due to rising prevalence of
renal diseases in this region. Additionally, continuous innovation in the treatment methods
and the presence of the global market leaders contribute to the market growth.
In the Europe, availability innovative healthcare solutions for diagnostics, availability of
funds for research & development activities, and increasing adoption of new treatment
methods are responsible for the growth of the market.
Asia Pacific is the fastest growing and potential kidney stone market whose growth is
attributed to the rising geriatric population with kidney related problems, government focus
on research and development in healthcare sector.
The Middle East & Africa is expected witness limited growth due to limited access to the
healthcare resources and lack of advanced treatment methods.
Segmentation
Kidney stones market has been segmented on the basis of types which comprises of
calcium, uric acid, struvite, and cystine.
On the basic of diagnostic test, market is segmented into CT scan, X-rays, ultrasound scan,
and intravenous urogram.