The percutaneous nephrolithotomy global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Percutaneous Nephrolithotomy Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The percutaneous nephrolithotomy market size has grown strongly in recent years. It will grow from $16.49 billion in 2023 to $17.90 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to increasing prevalence of kidney stones, rising demand for effective and efficient treatment options for kidney stones, expansion of healthcare infrastructure in emerging economies, aging population leading to a higher incidence of kidney stones, surge in research and development activities, increasing healthcare expenditure, growing emphasis on patient-centric healthcare.
The percutaneous nephrolithotomy market size is expected to see strong growth in the next few years. It will grow to $25.15 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to growing adoption of minimally invasive surgical procedures, rising demand for effective stone removal techniques, increasing awareness about the benefits of percutaneous nephrolithotomy, growing geriatric population prone to kidney stone formation, growing availability of advanced medical technologies for stone removal, increasing focus on patient-centric care, increasing preference for outpatient procedures. Major trends in the forecast period include adoption of miniaturized instruments, advancement in imaging technologies, implementation of robotics, adoption of disposable devices, advancement in stone retrieval devices, advancement in anesthesia techniques, implementation of enhanced infection control measures, implementation of multimodal pain management, development of training programs.
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Scope Of Percutaneous Nephrolithotomy Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Percutaneous Nephrolithotomy Market Overview
Market Drivers –
The increasing prevalence of renal diseases is expected to propel the growth of the percutaneous nephrolithotomy market going forward. Renal diseases refer to a range of conditions that affect the kidneys, impairing their ability to function properly. The prevalence of renal diseases is due to rising rates of diabetes and hypertension, an aging population, poor lifestyle choices, genetic predisposition, chronic conditions, and improved awareness and diagnosis. Percutaneous nephrolithotomy helps manage renal diseases by providing a minimally invasive surgical procedure to remove large or complex kidney stones, alleviate pain, prevent urinary tract infections, and improve kidney function. For instance, in June 2023, according to ZS Associates, a UK-based Kidney Research Commission, the prevalence of kidney disease in the UK affected 7.19 million people in 2023 and is expected to rise to 7.61 million by 2033. Therefore, the increasing prevalence of renal diseases is driving the percutaneous nephrolithotomy market.
Market Trends –
Major companies operating in the percutaneous nephrolithotomy market are focused on adopting innovative solutions, such as robot-assisted surgical platforms, to enhance surgical precision and patient outcomes. A robot-assisted surgical platform is an advanced medical system that uses robotic technology to assist surgeons in performing complex procedures with greater precision, control, and flexibility. For instance, in February 2023, Ethicon Inc., a US-based Johnson & Johnson MedTech company, reported the successful robotic-assisted removal of kidney stones in the first patient using the MONARCH Platform for urology. It allows urologists to navigate through the kidney using robotic assistance designed for access, clearance, and control using a handheld controller. The platform provides a single platform that supports ureteroscopic and percutaneous nephrolithotomy (PCNL) procedures, offering improved navigation, access, clearance, and control compared to traditional methods.
The percutaneous nephrolithotomy market covered in this report is segmented –
1) By Type: Magnesium Ammonium Phosphate Stone Type, Calcareous Type, Uric Acid Calculi Type
2) By Component: Accessories, Devices, Services
3) By End-User: Ambulatory Surgical Centers, Clinics, Hospitals
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Regional Insights –
North America was the largest region in the percutaneous nephrolithotomy market in 2023. The regions covered in the percutaneous nephrolithotomy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the percutaneous nephrolithotomy market are <b>Boston Scientific Corporation, Zimmer Biomet Holdings Inc., Olympus Corporation, Terumo Corporation, Coloplast Corporation, B. Braun, Cook Medical, Teleflex Incorporated, Karl Storz Se And Co. KG, Merit Medical Systems, Richard Wolf GmbH, AngioDynamics, Argon Medical Devices, Dornier MedTech, EDAP TMS, Allengers Medical Systems Limited, DirexGroup, Envaste Limited, ELMED Lithotripsy Systems, PolyDiagnost, Attikouris Enterprises Ltd., Advin Urology, Avenda Health, Guangzhou Potent Optotronic Technology Co. Ltd., Surgimedik</b>
Table of Contents
1. Executive Summary
2. Percutaneous Nephrolithotomy Market Report Structure
3. Percutaneous Nephrolithotomy Market Trends And Strategies
4. Percutaneous Nephrolithotomy Market – Macro Economic Scenario
5. Global Percutaneous Nephrolithotomy Market Size and Growth
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32. Global Percutaneous Nephrolithotomy Market Competitive Benchmarking
33. Global Percutaneous Nephrolithotomy Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Percutaneous Nephrolithotomy Market
35. Percutaneous Nephrolithotomy Market Future Outlook and Potential Analysis
36. Appendix
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