Coherent Market Insights
Rapid Growth on Kidney Stone Management Devices Market 2021 by New Market
Opportunities, Production Cost Analysis, Market Development and Market Dynamics
Forces
Coherent Market Insights
Kidney stones, also known as renal calculi, occur when the liquid stored in the
kidneys becomes too concentrated. The stone, once lodged in the urinary tract,
obstructs the urine flow from it and causes great pain in the abdomen. Other
symptoms of a kidney stone include a burning sensation or an intense desire to
urinate frequently. Also experiencing frequent urge to pass urine. Kidney stones can
be treated effectively, due to presence of advanced methods and associated medical
devices. Kidney stone management devices are widely used to retrieve kidney stones.
Market Dynamics:
Increasing prevalence of kidney stones and the increasing preference for minimally
invasive surgeries worldwide is expected to propel the growth of the kidney stone
management devices market. For instance, according to the United States National
Kidney Foundation, every year, more than half a million people go to emergency
rooms for kidney stone problems. It is estimated that one in ten people will have a
kidney stone at some time in their lives.
Moreover, increasing product launches, technological advancements, and increasing
research and development activities for the prevention and treatment of kidney stones
is expected to augment the growth of the kidney stone management devices market.
For instance, in August 2020, Dornier MedTech (Dornier) announced the launch of
UroX, a community that connects professionals from various disciplines to cultivate
innovation and solve the most pressing challenges in urology. Moreover, in May
2019, Lumenis announced the release of new clinical evidence of the advantages of
lithotripsy treatment of benign prostatic hyperplasia (BPH) using MOSES Technology.
North America is expected to witness substantial growth in the kidney stone
management devices market due to