The Report Urolithiasis Management Devices Market Analysis By Treatment Type (Extracorporeal
Shock Wave Lithotripsy (Eswl), Intracorporeal Lithotripsy, Percutaneous
Nephrolithotomy, Other Treatments (Watchful Waiting, Parathyroid Gland
Surgery)), By End Use (Hospitals & Clinics, Ambulatory Surgical Centers),
And Segment Forecasts To 2024
The global urolithiasis management devices market was valued at USD 1.27 billion in 2015 and is expected to
be valued at USD 1.93 billion by 2024. The alarming growth in the incidence
rate of urinary stones, over the years, is responsible for the advancements in
the treatment options. European Association of Urology states that it is one of
the most common lifestyle disorders with a 10% prevalence rate and requires a
systematic treatment approach.
Urolithiasis means
formation of stones in the urinary system, mainly including the kidney,
ureters, and the bladder. It is a major healthcare concern in the high end
countries such as the U.S., Canada, and Germany with a recurrence rate of 50%
in most of the cases. Urolithiasis can be managed with the help of lifestyle
changes, controlled diet, or basic medication. However, various treatment
approaches need to be adopted for the removal of large stones that cause severe
pain. Depending upon the stone size, location in the body, and anatomical
variations in the urogenital tract, invasive or noninvasive stone removal
procedures are available. For instance, smaller stones can be tackled with
external shock waves (extracorporeal shock wave lithotripsy), while larger
stones can be removed through surgeries (intracorporeal lithotripsy or
percutaneous nephrolithotomy).
Smaller stones generally
do not require surgical interventions and can be cured with the help of
medication and a healthy diet. However, larger stones necessitate different
approaches for their elimination. Extracorporeal lithotripsy is one of the
common treatments employed for stone elimination and held a majority market
share in the year 2015. Intracorporeal lithotripsy treatments spot and reduce
the stones to smaller pieces with the help of endoscopy. For the disintegration
of stones, ultrasound or laser techniques are used to enable the passage of
smaller fragments through the urinary system. Owing to the effective stone-free
rate offered by intracorporeal lithotripsy, it is likely to be preferred as a
treatment option during the forecast period.
Furthermore,
percutaneous nephrolithotomy is a surgical approach deployed to eliminate
larger stones where extracorporeal or intracorporeal lithotripsies prove to be
ineffective and typically require a week’s hospitalization.
Ambulatory surgical
centers are gaining popularity over traditional hospital and clinic settings
due to the time and cost saving benefits. As a result, this end-use segment is
expected to record a lucrative growth rate during the forecast period.
Introduction of novel surgical technologies, such as endoscopy and micro
accessories including guidewires, scalpels, and baskets, to effectively expel
stones from the urinary system in a short time has enhanced the overall
acceptability of minimally invasive surgeries.
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Research Report of Urolithiasis Management Devices Market @ http://www.grandviewresearch.com/industry-analysis/urolithiasis-management-devices-market
Further Key Findings from the Study Suggest:
· Urinary stones are highly prevalent
worldwide with a 15% global target population and the recurrence rate of 50%.
Men are more susceptible to developing renal stones than women.
· Adoption and acceptance of intracorporeal
lithotripsy contributed to more than 95% stone-free rate, which will render it
the most preferred alternative over extracorporeal and subcutaneous treatments.
On the other hand, ambulatory surgical centers will grow at a higher rate due
to the associated benefits of lower cost and shorter perioperative time.
· The upward trend in the adoption of
sedentary lifestyle coupled with increased consumption of unhealthy food in the
developed countries is responsible for the rising incidence of kidney stones.
Ambulatory surgical service providers are expected to experience a surge in the
treatment demand as a result of the unhealthy lifestyle changes, especially in
the developed countries.
Grand View Research has
segmented the urolithiasis management devices market by treatment type, end
use, and region:
Treatment Type Outlook (Market revenue in USD Million,
2013 - 2024)
·
Extracorporeal Shock Wave Lithotripsy
(ESWL)
·
Intracorporeal Lithotripsy
·
Percutaneous Nephrolithotomy
·
Other Treatments
End Use Outlook (Market Revenue in USD Million, 2013
- 2024)
·
Hospitals & Clinics
·
Ambulatory Surgical Centers
Regional Outlook (Market Revenue in USD Million,
2013 - 2024)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East and Africa
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
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