About Kidney Stone
A kidney stone (also called a renal calculus) is a hard, pebble-like mass that forms in the kidneys. They are usually made of minerals like calcium oxalate, calcium phosphate, or uric acid, which crystallize in the concentrated urine inside your kidneys. These stones can cause severe pain, especially when they move around inside your urinary tract. Certain medical conditions like gout, polycystic kidney disease, and recurrent urinary tract infections increase the risk of kidney stone. Although, mostly used treatments for kidney stone are Laser Lithotripsy and Micro-surgery.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
CAGR | 5.6% |
Competition among existing players is due to the stiff market share occupied by leading players. The companies are implementing strategic activities such as acquisition and mergers along with collaboration with companies in other industries to help them in improving sustenance and maintaining their competitive advantages. Analyst at AMA Research estimates that United States & German Players will contribute the maximum growth to United Kingdom Kidney Stone market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Stryker Corporation (United States), Olympus Corporation (Japan), BD (United States), Boston Scientific (United States), Johnson & Johnson (United States), Steris plc (Ireland), Coloplast A/S (Denmark), Dornier MedTech (Germany), Richard Wolf GmbH (Germany), Siemens Healthineers (Germany) and Karl Storz (Germany) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of United Kingdom Kidney Stone market by and Region.
On the basis of geography, the market of Kidney Stone has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Stone Type, the sub-segment i.e. Calcium Oxalate Stones will boost the Kidney Stone market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Treatment Type, the sub-segment i.e. Medications will boost the Kidney Stone market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Offering, the sub-segment i.e. Drugs will boost the Kidney Stone market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Application, the sub-segment i.e. Kidney Stones will boost the Kidney Stone market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospital & Clinic will boost the Kidney Stone market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Adoption of Minimally Invasive Stone Removal Procedure and The Growing Awareness of the Importance of Early Diagnosis and Treatment
Market Growth Drivers:
Insufficient Fluid Intake Drive the Market Growth and Growing Geriatric Population is Significant Driver of the Kidney Stone Market
Challenges:
Recurrence and Chronicity of Kidney Stones and Shortage of Skilled Healthcare Professional
Restraints:
High Cost of Automated Diagnostic Devices
Opportunities:
Increasing Demand of Treatment option for Kidney Stone Like Laser Lithotripsy and Micro-Surgery Offer Less Pain and The Increasing Focused on Development of New Techniques
Market Leaders and their expansionary development strategies
In July 2023, Boston Scientific, a leading medical device company, acquired Urotronic Inc., a developer of innovative ureteral access systems used in minimally invasive stone removal procedures. This acquisition strengthens Boston Scientific's position in the urology market and provides them with access to Urotronic's advanced technology.
In October 2023, Olympus, a renowned manufacturer of medical imaging equipment, launched the LithoVue System. This advanced imaging system combines X-ray and ultrasound technology to provide a more detailed and accurate picture of kidney stones, aiding in diagnosis and treatment planning.
Key Target Audience
Research Organization, Government Bodies, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.