Nephrology is the field of medicine
which concerns itself with the study of normal kidney function, kidney
problems, renal replacement therapy and treatment of kidney problems.
Nephrology and urology devices are used in the treatment of urinary systems such
as kidney stone, chronic kidney disease, urinary incontinence, and end-stage
renal disease. With the advancement in technologies, the adoption of innovative
nephrology and urology devices has increased significantly.
According to study, “Nephrology
And Urology Devices Global Market Report 2019” the key companies
operating in the global nephrology and urology devices market are Asahi Kasei
Corporation, Baxter International Inc., B. Braun Melsungen, Boston Scientific,
C. R. Bard, Inc., Cook Medical, Coloplast, Dornier MedTech, Svenska Cellulosa
Aktiebolaget (SCA), Fresenius Medical Care, First Quality Enterprises, Inc.,
Kimberly-Clark Corporation, Medline Industries, Inc., Medtronic, Nipro
Corporation, NxStage Medical, Inc., Nikkiso Co. Ltd., Olympus Medical Systems,
ONTEX International N.V., STORZ Medical AG, Teleflex Incorporated, Rockwell
Medical Technologies Inc., Siemens Healthineers, and Terumo Corporation. Key
players are involved in extensive activities for research & development
(R&D) of cost-efficient and highly advanced systems for instance
extracorporeal shock wave lithotripters. Subsequently, introduction of such
efficient products is anticipated to provide lucrative opportunities.
Based on type, nephrology and
urology devices market is segmented into dialysis equipment, endoscopy devices,
urinary incontinence & pelvic organ prolapse devices, urinary stone
treatment devices, and benign prosthetic hyperplasia treatment devices. Urinary
incontinence & pelvic organ prolapse devices segment is further sub-segmented
into vaginal meshes & slings, sacral neuromodulation and urethral inserts
& pessaries. Urinary stone treatment segment is further sub-segmented into
lithotripters and ureteral stents. Additionally, benign prosthetic hyperplasia
treatment devices segment is further sub-segmented into prostatic stents,
catheter ablation and endoscopy. Dialysis equipment is the largest segment of
the market owing to rise in incidences of chronic kidney diseases. Based on
product type, market is segmented into disposables and instruments or
equipment. Based on type of expenditure, market is segmented into private and
public. In addition, based on end-user, market is segmented into diagnostic
laboratories, hospitals & clinics and others.
The nephrology and urology devices
market is driven by increase in prevalence of chronic kidney diseases, followed
by growth in innovation in urology devices, increase in aging population and
growth in healthcare expenditure in developed economies. However, high cost
associated with the devices may impact the market. Moreover, rise in
initiatives undertaken by various government organizations for creating
awareness is a key opportunity for the market growth. Furthermore, wearable
artificial kidney is an innovative trend shaping the nephrology and urology
devices market that replaces stationary hemodialysis machines.
Based on geography, the
North-American region dominates the global nephrology and urology devices
market owing to advanced healthcare infrastructure, presence of prominent players
and high disposable income of people in the region. Whereas, the Asian-Pacific
and European regions are projected to exhibit higher CAGR due to rise in
awareness related to kidney and urinary tract disorders over the forecast
period. In near future, it is expected that the global market will be reached
at rapid pace as a result of urgent need for development of new systems and
replacing & upgrading existing medical infrastructure during the forecast
period.
For More Information, Click on the Link Below:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing &
Communications
+91-9015378249
No comments:
Post a Comment