Global Urolithiasis Management Devices Market 2017-2021

This industry research report identifies Boston Scientific, Cook Medical, C.R. Bard, and KARL STORZ as the key vendors in the global urolithiasis management devices market. This industry research report also presents a competitive analysis of the market by end user (hospitals and ambulatory surgical centers), by product (lithotripters, stone removal devices, and ureteral stents), and by geography (the Americas, APAC, and EMEA).

Global urolithiasis management devices market forecast

According to the urolithiasis management devices industry analysis, the global urolithiasis management devices market will grow at a CAGR of around 5% by 2021. This market research analysis identifies the growing number of extracorporeal shock wave lithotripsy (ESWL) procedures as one of the primary growth factors for the urolithiasis management devices market. Rapid advances in medical technologies are responsible for the development of effective and customized products which result in the shift in preference from open surgeries towards minimally invasive (MI) procedures for the removal of kidney stones. ESWL is one of the most frequently used procedures for eliminating kidney stones by directing shock waves coupled with lithotripters of a focused and high-intensity acoustic pulse that is externally-applied to break down the kidney stones. The ESWL procedure has a minimal analgesic requirement with a higher success rate consequently, the increasing demand for urolithiasis management devices.

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The market research report identifies the growing adoption of percutaneous nephrolithotomy (PCNL) devices as one of the key urolithiasis management devices industry trends. PCNL devices and techniques are being increasingly adopted for the treatment of kidney stones that are more than two cm in size and are present near the pelvic region. The technique minimizes incision size, pain, blood loss, and blood transfusions and reduces hospitalization time and has been successful in clearing all stones in one treatment as compared to the ESWL procedure. Consequently, PCNL also improves stone-free rates, decreases operative time, and reduces patient morbidity and mortality supported by new stone retrieval and occlusion devices.

Competitive landscape and key vendors

The urolithiasis management devices market is highly fragmented due to the presence of numerous global, local, and regional vendors. The vendors aim to overcome the intense competition and gain a competitive edge over their competitors, the vendors are focusing on innovating their offerings and expanding their product portfolio, which in turn, will help them improve their market positions.

The leading vendors in the market are 

• Boston Scientific
• Cook Medical
• C.R. Bard
• KARL STORZ

The other prominent vendors in the market are Dornier MedTech, Elmed Electronics & Medical Industry & Trade, EMS - Electro Medical Systems, Medispec, Olympus Medical, Richard Wolf, and Siemens Healthineers.

Segmentation by end user and analysis of the urolithiasis management devices market

• Hospitals

• Ambulatory surgical centers (ASCs)

During 2016, the hospitals segment accounted for the major shares and dominated this market. Hospitals usually procure medical products and consumables in bulk as they are engaged with multiple suppliers, distribution networks, third-parties, and government organizations. Factors such as a large number of patient requirements and the availability of inpatient and outpatient services will contribute to the growth of this market segment in the coming years.

Segmentation by product and analysis of the urolithiasis management devices market

• Lithotripters
• Stone Removal Devices
• Ureteral Stents

During 2016, the lithotripters segment contributed to the major shares of the urolithiasis management devices market. In addition to the increasing prevalence of kidney stones across the globe, benefits such as reduced cost, early stone clearance, early recovery, and short-term follow-up as compared to shock treatments, will influence the growth of this market segment.

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Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global urolithiasis management devices market?
• What are the key market trends impacting the growth of the global urolithiasis management devices market?
• What are the challenges to market growth?
• Who are the key vendors in the global urolithiasis management devices market?
• What are the market opportunities and threats faced by the vendors in the global urolithiasis management devices market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global urolithiasis management devices market? 

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