According to the current analysis of Reports and Data, the global Stone Treatment Devices Market was valued at USD 1,544.4 Million in 2019 and is expected to reach USD 2,210.4 Million by the year 2027, at a CAGR of 4.6%. Stone formation in the human body is an ailment that includes the production of stony concretions for the bladder or urinary tract and different parts of the body. It is framed by a multifaceted procedure that outcomes from various physicochemical occasions, including nucleation, super-saturation, aggregation, development, and maintenance of urinary stone segments inside tubular cells.
Stone Treatment Devices are a combination of the hardware and tools that are used to completely remove or pulverise the stone at the target site by using shock waves. The market for Stone Treatment equipment is developing due to the rising prevalence of kidney stones, particularly in the geriatric population. The frequency of urinary stone is accounted for to be expanding over the globe. About 30% of individuals worldwide are fat, and almost 900 million individuals are geriatrics, which is required to increment to 1.4 billion by 2030. The prevalence of kidney stones is developing, with a predicted preponderance reaching up to 17%.
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Further key findings from the report suggest
- About 38.5% of the worldwide Stone Treatment Devices showcase is done through Intracorporeal Ureteroscopy method, owing it to its high efficacy.
- Europe accounted for a share of 27.9% in the year 2019, and is expected to propel at a significant pace during the estimated period.
- Hospitals accounted for largest share of Stone Treatment Devices market in the year 2019. The segment is expected to grow at the pace of 4.4%, owing it to the rising adoption of minimally invasive technologies.
- Specialty Clinics by end-use section held the second biggest piece of the overall industry of 27.6% in the year 2019. The portion is relied upon to develop at the biggest rate because of the expansion in the selection of the Stone Treatment Devices in the coming years.
- The North American area held 39.1% of the global market as of 2019. The factor influencing the development of the market includes, high pervasiveness of the kidney stones in the locale.
- The rising spending limit of people for improving quality of life and activities taken by the administrations in the district will fuel the market development in Asia-Pacific region.
Key Players covered in this report are
Boston Scientific Corporation, Richard Wolf, Cook Medical, Olympus Corporation, STORZ medical, C. R. Bard, Inc., Dornier Medtech, Allengers Medical Systems, Coloplast, DirexGroup, Elmed Medical Systems and Medispec Ltd.
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Product Outlook (Revenue, USD Million; 2017-2027)
- Urethral Stents
- Stone Retrieval Devices
- Holmium Laser Devices
Stone Type Outlook (Revenue, USD Million; 2017-2027)
- Calcium Stones
- Uric Acid
Treatment Type Outlook (Revenue, USD Million; 2017-2027)
- Percutaneous Nephrolithotripsy
- Intracorporeal Ureteroscopy
- Extracorporeal Shock Wave Lithotripsy
End-Use Outlook (Revenue, USD Million; 2017-2027)
- Specialty Clinics
- Ambulatory Surgical Centers
Geographic Segment Covered in the Report:
The Stone Treatment Devices report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.
- North America (USA and Canada)
- Europe (UK, Germany, France and the rest of Europe)
- Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
- Latin America (Brazil, Mexico, and the rest of Latin America)
- Middle East and Africa (GCC and rest of the Middle East and Africa)
Major Points covered in this report are as below:
• The Stone Treatment Devices industry development trends and marketing channels are analyzed. The feasibility of new investment projects are assessed and overall research conclusions offered.
• With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
• Development policies and plans, manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.
• The Stone Treatment Devices Market report provides key statistics on the market status of the Stone Treatment Devices manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa
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