#Kidney Stone Management Devices Market size
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Kidney Stone Management Devices Market CAGR is expected to be 2.96% during the forecast period and the market size is expected to reach nearly US$ 1.69 Bn. by 2029.
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Ureteroscopy Devices Market: Anticipated Growth 2023-2027
Originally Published on: TechnavioUreteroscopy Devices Market by End-user, Product and Geography - Forecast and Analysis 2023-2027
The global ureteroscopy devices market is poised for significant expansion, forecasting a USD 276.91 million increase at a CAGR of 5.23% between 2022 and 2027.
Driving Forces for Market Expansion
The upswing in healthcare expenditure, particularly in emerging economies, propels advancements in healthcare infrastructure. Organizations like the World Health Organization (WHO) play a pivotal role in shaping healthcare infrastructure in emerging nations, creating favorable conditions for healthcare supply vendors. Notably, in countries such as China and India, this trend presents significant opportunities for healthcare supply manufacturers looking to expand their consumer base. The demand for ureteroscopy devices is expected to rise in developing countries, driven by their emphasis on healthcare facility advancement and large populations.
In-Depth Analysis: End-users, Products, and Geography
End-user Analysis
Hospital Segment Growth: The hospitals segment plays a crucial role in the ureteroscopy devices market. Hospitals, as primary end-users for ureteroscopy equipment, are instrumental in detecting and managing various urinary tract diseases. Due to the complexity of ureteroscopy procedures, specialized equipment requirements, and the availability of well-qualified medical personnel, these procedures are predominantly carried out in hospital settings. The hospitals segment was valued at USD 481.95 million in 2017, driven by the increasing prevalence of kidney stones and upper urinary tract diseases. Ongoing clinical trials and research on urological diseases at hospitals contribute to the rising demand for ureteroscopy devices.
Product Analysis
Flexible Ureteroscopes: Dominating the market, flexible ureteroscopes are used for studying and treating ureter-related diseases. Technological advancements, especially in single-use flexible ureteroscopes with diverse applications, contribute to the segment's high market share. Enhanced design and size improvements in flexible ureteroscopes facilitate easy access to the ureter and kidney without surgical incisions. The demand for flexible ureteroscopy devices is anticipated to increase, driven by attributes like optimized visualization, insertion tube rotation, and ergonomic design.
Semi-Rigid Ureteroscopes: Despite facing durability issues, semi-rigid ureteroscopes continue to be in demand. Companies are focusing on enhancing the durability of semi-rigid ureteroscopes, offering products with better and more robust designs. The anticipated increase in demand for semi-rigid ureteroscopy devices is supported by features like clear visualization, durable design, and autoclavable design.
Regional Analysis
North America's Contribution: Estimated to contribute 39% to the global market's growth during the forecast period, North America witnesses steady growth in the ureteroscopy devices market. Factors such as the rising prevalence of chronic kidney diseases, improved healthcare infrastructure, and the presence of global and local vendors drive market growth in North America.
Key Market Players
Companies in the market are adopting various strategies, including strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches. Key players include Advin Health Care, Advanced MedTech Holdings Pte. Ltd, B.Braun SE, Becton Dickinson and Co., Boston Scientific Corp., Coloplast AS, Cook Group Inc., ELMED Medical Systems, EMOS Technology GmbH, Erbe Elektromedizin GmbH, KARL STORZ SE and Co. KG, NeoScope Inc, Olympus Corp., Opcom Inc, ProSurg Inc., and Richard Wolf GmbH.
Market Drivers, Trends, Challenges, and Customer Landscape
Key Market Drivers
The growing prevalence of kidney stones and ureteral cancer, leading to increased demand for ureteroscopy procedures, is a key driver of market growth. The flexibility of ureteroscopy devices makes them suitable for patients who are obese, pregnant, or have blood clotting disorders.
Significant Market Trends
Technological advances in ureteroscopy devices, focusing on developing technically advanced disposable ureteroscopes, are emerging trends. Companies like Olympus and Boston Scientific offer products with enhanced imaging, deflection durability, and seamless navigation, contributing to market growth.
Major Market Challenges
The presence of substitutes for ureteroscopy devices, such as lithotripsy and percutaneous nephrolithotomy, poses a significant challenge. Patients may opt for alternative procedures, impacting the growth of the ureteroscopy devices market.
Customer Landscape
The market report includes the adoption lifecycle of the market, ranging from innovators to laggards. It analyzes adoption rates in different regions based on penetration and explores key purchase criteria and drivers of price sensitivity to assist companies in formulating effective growth strategies.
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Kidney Stone Management Devices Market Survey: Size, Share, Trends and Demand
Kidney Stones Management Market Synopsis:
The changes in lifestyle have led to a drastic increase in the patient population of urolithiasis. This, in turn, has led to rapid developments in technology and diagnosis. Market Research Future (MRFR) has asserted in its latest study that the global kidney stone market is expected to expand at a moderate 4.6% CAGR and reach USD 2,508.01 Million till 2025. Technological innovations are poised to dictate the growth trajectory of the market in the years to come.
The introduction of minimally invasive procedures has revolutionized the growth pattern of the healthcare sector. A similar trend is likely to positively influence the expansion of the kidney stone management devices market over the next couple of years. The advancements in the diagnosis of kidney stones through minimally invasive procedures is expected to boost the revenue generation of the market across the review periodzz.
The large-scale prevalence of the chronic disease, diabetes, is anticipated to affect a larger fraction of the population in the foreseeable future. Thus, the kidney stone market is projected to remain highly lucrative over the next few years. However, the adverse effects of extracorporeal shock wave lithotripsy can pose a challenge to the market players.
Market Segmentation:
By type, the global Kidney stones management market has been segmented into uric acid, calcium stones, struvite kidney stones, and cystine stones. Among these, the calcium stones segment has gained higher traction of the market and is anticipated to retain its dominance over the next few years.
On the basis of treatment, the kidney stone market has been segmented into medications, ureteroscopy (URS), extracorporeal shock wave lithotripsy (ESWL), and percutaneous nephrolithotomy (PCNL). The ureteroscopy (URS) segment is likely to generate relatively higher revenue as it is preferred by the patients over other methods.
The global kidney stone market, by diagnosis, has been segmented into intravenous pyelography (IVP) or intravenous urogram, ultrasound, CT scan, and X-ray. Among these, the ultrasound segment is anticipated to hold the pole position in the market and grow substantially over the assessment period. The process doesn’t use radiation which is anticipated to support the growth pattern of the segment.
Regional Analysis:
By region, the global kidney stone market has been segmented into North America, Europe, Asia Pacific, and the Middle East & Africa (MEA). North America is currently leading the growth of the global market. It is anticipated to retain its prominence over the assessment period. Europe is at the second spot and is likely to grow leaps and bounds during the review period. On the other hand, Asia Pacific is projected to exhibit significant growth owing to the presence of fast-developing economies such as India, China, etc.
Competitive Dashboard:
The prominent players operating in the global kidney stone market are EDirexGroup (Israel), Boston Scientific Corp. (U.S.), .M.S. Electro Medical Systems S.A. (Switzerland), Elmed Electronics & Medical Industry & Trade Inc. (Turkey), Convergent Laser Technologies (U.S.), Medispec Ltd. (U.S.), C.R. Bard Inc. (U.S.), Dornier MedTech GmbH (Germany), Cook Medical Inc. (U.S.), Richard Wolf GmbH (Germany), Stryker Corp. (U.S.), STORZ MEDICAL AG (Switzerland), Siemens Ltd. (Germany), and Olympus Corp. (Japan).
Industry News:
In April 2019, Dornier MedTech (Dornier), a leader in kidney stone management, announced the launch of AXIS™ Single-Use Digital Flexible Ureteroscope (AXIS™) along with Stone Management Products for the U.S. market.
In December 2018, Shockwave Medical, a pioneer in urologic lithotripsy for breaking up kidney stones, has collaborated with Abiomed Inc., a medical device company, for the complementary use of their respective technologies.
In July 2018, a global leader in innovative kidney stone management, Dornier MedTech (Dornier), has introduced a new laser portfolio for the Singapore market which comprises of Dornier Medilas H 140 and Dornier Medilas H Solvo 35 for urological stones.
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#Kidney Stone Management Devices Market#Kidney Stone Management Devices Market size#Kidney Stone Management Devices Market share#Kidney Stone Management Devices Market growth
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Hematuria Treatment Market 2021-2027 High Key Players For Market, Application, Product Sort, Statement
Hematuria Treatment Market Overview :
The hematuria treatment market is accruing rapidly mainly due to the increasing number of bladder or kidney stones; kidney disease; urinary tract infection, cystitis (bladder infection), or pyelonephritis (kidney infection); cancers of the urinary tract (kidney, bladder, prostate); trauma, injury, or urinary tract instrumentation; rigorous exercise; benign prostatic hyperplasia; and blood thinners for such as Antithrombotic medications.
In addition to the chronic diseases, infection or diseases are too impacting the market growth positively. At the same time, there are various treatments and novel medications available for hematuria management which are pushing up the market on the global platform.
Acknowledging the colossal growth, the market is witnessing currently, Market Research Future (MRFR) in its recently published study report asserts that the global hematuria treatment market will grow exponentially by 2023 accruing at a striking CAGR during the forecast period (2018 – 2023).
Furthermore, technological advancements transpired in the field of hematuria management and advent treatment materials are fostering the market growth of hematuria treatment to an extent.
On the other hand, factors such as the complications in the treatment, high cost of product developments, and stringent regulations for approvals are expected to obstruct the market growth during the assessment period. Also, the pending or imminent patent expiries of many blockbuster hematuria management drugs are some hampering the market growth.
Nevertheless, factors like the instigation of a large number of regulatory healthcare reforms, developments of methods for the improved diagnosis and treatments for hematuria are expected to support the market growth bringing about the hematuria management therapeutics and treading along a promising increase in the next few years.
Hematuria Treatment Market – Segments :
The MRFR analysis is segmented into five key dynamics for the convenience of understanding;
By Type : Gross/ Macroscopic Hematuria, Microscopic Hematuria, Idiopathic Hematuria, and Jogger’s Hematuria.
By Causes : Kidney Stones, Urinary Tract Infections (UTI), Urethritis, Blood Cancer, Bladder Stones, Prostate Cancer, Cystitis, Trauma, Vigorous Exercise, Polycystic Kidney Disease, Endometriosis, and Menstruation.
By Treatment : Drugs and Therapeutics, among others.
By End-user : Hospitals, Clinics, and Labs among others.
By Regions : North America, Europe, APAC, and the Rest-of-the-World.
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Hematuria Treatment Market – Regional Analysis :
The North American region dominates the global hematuria treatments market. The growing prevalence of kidney diseases, bladder cancer, and others along with the high per capita healthcare expenses drive the growth in the regional market.
Some of the factors such as the increasing technological innovations in medical science and the growing investments into R&D to develop new techniques to treat hematuria are substantiating market growth.
Besides the high consumption of antibiotics in the treatment of various chronic diseases, the presence of a well-established healthcare system, and rising cases of trauma & accidents foster the growth of the hematuria management market in the region.
Europe hematuria treatment market stands at the second position in terms of the size. The market in this region exhibits a phenomenal growth prospect throughout the review period.
Furthermore, factors like financial support from the government for R&D activities, and the increasing demand for hematuria treatments & devices drive the market growth in the region. Besides, the rising incidences of accidental injuries are contributing to the market growth in this region, generating a massive demand for the management of hematuria.
The Asia Pacific hematuria treatment market is emerging as a profitable market. Factors such as the increasing healthcare expenditure and increasing prevalence of hematuria led by the growing incidences of infections related to the urinary tract, bladder, and kidney drive the growth of the hematuria treatment market in the region.
The increasing governmental funding alongside a large unmet needs presages towards the growth opportunities for the market players. Spreading awareness about the availability of different hematuria management procedures is accelerating the market growth in the region. Besides, the availability of low-cost, quality hematuria management methods drives the regional market.
Hematuria Treatment Market – Competitive Analysis :
The highly competitive hematuria treatment market appears fragmented owing to a number of players and the increasing investments made by them in R&D activities in the hematuria management. Through the strategic partnership, acquisition, expansion, product & technology launch, and collaboration, these players try to gain a competitive edge.
Hematuria Treatment Market Key Players :
Some of the leaders of the market include Bristol-Myers Squibb, AstraZeneca Plc., F. Hoffmann-La Roche Ltd., Janssen Pharmaceuticals, Inc., GlaxoSmithKline Inc., Merck & Co., Sun Pharmaceutical Industries Limited, Novartis International AG, Pfizer, Inc., and The Medicines Company among others.
Industry/Innovation/Related News :
January 22, 2018 – Researchers at the Sunnybrook Health Sciences Centre’s Division of Urology (Canada) published the result of their study to investigate or manage hematuria in the Journal of the American Medical Association. Researchers examined the rate of hematuria-related complications in over 800,000 elderly patients. And, found that Antithrombotic medications, commonly known as blood thinners are associated with significant adverse events such as blood in the urine (hematuria) or the bleeding within the skull and stomach/ intestines as these drugs allow blood to flow easier throughout the cardiovascular system.
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Urinary Stones Treatment Devices Market to Grow at 4.4% CAGR to Reach US$1.98 billion by 2026
The Global Urinary Stones Treatment Devices Market was valued at US$1.48 billion in the year 2018 and is expected to reach US$1.98 billion by 2026, at a CAGR of 4.4%.
Urinary stones are mainly formed due to the inability of an individual to empty the urinary bladder. Due to urine accumulation, the minerals in the concentrated urine start crystalizing leading to the formation of stones. Depending on the location of the stone development it may be classified as a kidney stone, bladder stone or ureteral stone. These stones are diagnosed using, abdominal X-ray, CT scan, MRI scan, ultrasound, etc. During the early days, the stones were removed through surgical procedures. But the development of technologies such as lithotripsy, ureteroscopy, nephrolithotomy had reduced the hurdles in treatment and the removal of urinary stones. Also growing popularity of digital flexible ureteroscopes and rising focus on the development of lasers alternative to conventional once are the factors that contribute to the market growth.
Urolithiasis and Nephrolithiasis are the main conditions that contribute to the development of kidney stones in individuals and chiefly contribute to market growth. Besides, the recurrence of kidney stones in the adult population has also risen to 50% in recent decades due to enormous changes in the lifestyle, poor dietary habits, an increase in obesity, less intake of water and many other associated morbidities. Moreover, as recent research suggested, the probability of recurrence of nephrolithiasis in adolescents or children is about 50% within 3 years of the first occurrence. According to the National Kidney Foundation, over half a million people across the globe visit emergency rooms every year. International Federation of Kidney Foundations and the International Society of Nephrology are taking several initiatives to create awareness among the people regarding the equitable and inexpensive access to treatment options, screening, and diagnosis. This is set to drive the Urinary Treatment Devices market during the forecast period.
Implementation of imaging technologies for scanning urinary stones is expected to drive the growth in the upcoming years. Among diagnoses, the ultrasound segment emphasizes reducing the amount of ionizing radiation delivered to patients during routine imaging. It has also become a mainstay tool in the urologists' armamentarium for the diagnosis and management of nephrolithiasis. New advancements in ultrasound technology had also facilitated its use as a therapeutic and therapy guidance aid. Ultrasound is being used as the first line for the diagnosis of urinary stones for more than 14 years and is set to grow with a healthy CAGR of 5.1% during the forecast period. Other diagnostic techniques such as MRI, intravenous pyelogram, non-contrast CT are said to contribute very little when compared to ultrasound.
Adoption of an alternative way of treatment such as Chinese herbal medicine, Ayurveda, acupressure was minimal during the yesteryears. However, after the rediscovery of the ancient techniques, the options for treating urinary stones with herbal medicine, acupressure, etc. are being researched more and few options have also become successful in minimizing the urinary stones. This is set to hamper the market growth as WHO had already initiated a global level initiative to study and standardize the usage of medicinal plants including that of the folklore medicine.
However modern medicine offers an effective way of treatment. Among them, the lithotripsy segment has a huge demand in the market treating urinary stones and also to sidestep the invasive surgical procedures that were used for stone removal. Lithotripsy uses ultrasonic energy or shock waves focused directly on the stone to identify the place which was previously located with fluoroscopy or ultrasound of the stones. The patient is positioned in such a way so that the stones are targeted precisely. By using this lithotripsy, the complications, hospital stays, costs and recovery time are reduced. The treatment using lithotripsy is expected to fuel market growth until 2026.
Among stone types, the calcium oxalate segment has been reported to propel the urinary stones market till 2018. The formation of calcium oxalate stones is strongly linked to the consumption of foods consisting high amount of oxalate that naturally occurs in plants and animals. This includes beets, black tea, chocolate, nuts, potatoes, and spinach. Also, calcium in the form of supplements for several other bone-related disorders may increase the chances of forming new calcium oxalate stones in the urine. Also, consumption of more leguminous foods such as dried beans, peas, anchovies and drinking of beer may increase the chances of uric acid crystal formation due to the deposition of purines in the kidney.
North American region highly dominates the urinary stones treatment devices market due to extensive prevalence in the occurrence of urinary stones. The favorable conditions for research and development, increased healthcare expenditure and growing utilization of advanced technology for the treatment aspects are evident in this region. The US market holds a market share of about 65% to 35% whereas the Canadian market share is set to increase by around 2% during the forthcoming years due to more immigration from other countries. Further, government initiatives towards strengthening the healthcare infrastructure are accelerating the growth of the urinary stone treatment devices market in this region. Followed by the North American region is the European region, where Germany alone contributes to more than 27% of the total European market growth due to more occurrence of Urolithiasis among German individuals followed by France, the UK, Italy, and Spain. Besides, the Asia Pacific and the Middle East countries are also expected to contribute to the market growth having potential opportunities falling under the kidney stone belt of the world.
Some of the key players in the urinary stones treatment devices market are, Becton, Dickinson and Company, Boston Scientific Corporation, EDAP TMS S.A., Olympus Corporation, Coloplast A/S, Siemens Healthineers, Convergent Laser Technologies, Cook Medical Inc, Direx Group, Dornier MedTech GmbH, Elmed Electronics & Medical Industry & Trade Inc, KARL STORZ GmbH & Co. KG, Lumenis Ltd, Medispec LTD, Richard Wolf Medical Instruments Corporation, Allengers Medical Systems Ltd and E.M.S. Electro Medical Systems SA.
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Key Updates:
FDA Approves Retrophin’s New Formula Thiola EC (tiopronin) for treating Cystine Kidney Stones
Dornier’s new Gemini stone-busting system: The pulverizer is both a step into the future and a blast from the past
Dornier launches AXIS™ Single-Use Digital Ureteroscope for treating Urinary Stones
Journal Summaries in Internal Medicine: Researchers examined the utility of experimental Thulium fiber laser (TFL) as an alternative to the gold standard Holmium: YAG laser for lithotripsy
The Report Provides Key Insights on
History of the Urinary Stones Treatment Devices Market, 2015 to 2017
Forecast of the Urinary Stones Treatment Devices Market Growth till the year 2026
The key market drivers, restraints, challenges, future opportunities and the market dynamics driving the Urinary Stones Treatment Devices Market
Analysis of potential growth segments which will drive the market
Landscape analysis of the major companies, and new market entrants and companies which possess disruptive technologies which can change the trend of the entire market
Key market approaches adopted by the organizations and in-depth intelligence of potential strategies which could alter the market dynamics
Urinary Stones Treatment Devices Market Based on Diagnosis (Market Size and Forecast, and Y-o-Y Growth, (US$ Mn)
· Abdominal X-Ray
· Computed Tomography(CT) Scan
· Intravenous Pyelography (IVP)
· Ultrasound
· Abdominal MRI
Urinary Stones Treatment Devices Market Based on Treatment (Market Size and Forecast, and Y-o-Y Growth, (US$ Mn)
· Percutaneous Nephrolithotomy (PCNL)
· Ureteroscopy (URS)
· Extracorporeal Shock Wave Lithotripsy (ESWL)
Urinary Stones Treatment Devices Market Based on Stone Type (Market Size and Forecast, and Y-o-Y Growth, (US$ Mn)
· Calcium Phosphate
· Cystine
· Struvite
· Uric Acid
· Calcium Oxalate
Urinary Stones Treatment Devices Market Based on Geographic Region (Market Size and Forecast, and Y-o-Y Growth, (US$ Mn)
· North America
· Europe
· APAC
· LAMEA
Urinary Stones Treatment Devices Market Competitive Analysis (Company Overview, SWOT Matrix, Financial, Product Overview, and Market Strategies)
· Siemens Healthineers
· Direx Systems Corp
· Dornier Medtech Gmbh
· Elmed Electronics & Medical Industry & Trade Inc
· Karl Storz Gmbh & Co. KG
· Lumenis Ltd
· Medispec Ltd
· E.M.S. Electro Medical Systems SA
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Minimally Invasive Surgery Market to advance at a CAGR of 3.2% from 2022 to 2031
Minimally Invasive Surgery Market Outlook 2031
The global minimally invasive surgery market was valued at US$ 231.1 Bn in 2021
The global market is projected to advance at a CAGR of 3.2% from 2022 to 2031
The global minimally invasive surgery market is anticipated to cross US$ 324.9 Bn by the end of 2031
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Overview of Global Minimally Invasive Surgery Market
Minimally invasive procedures enable a surgeon to use techniques that limit the size and number of cuts, or incisions, that need to be made. Advancements in minimally invasive surgery devices have revolutionized these procedures. Using minimally invasive technology has improved patient outcomes and recovery all over the world. Minimally invasive and robotic procedures allow the surgeons to advance in video imaging by virtue of voice control over the networked operating room.
Robotic procedures represent the latest development in minimally invasive procedures, providing surgeons with precision devices that employ the same small incisions as conventional laparoscopy. A key difference is that the robotic system can offer broader visualization of the operative field and precision control of minimally invasive surgery devices.
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AI-enabled services, 3D printing, and new imaging methods are increasingly being utilized in surgery. These are some of the key factors that are boosting the minimally invasive surgery market.
Faster Recovery and Shorter Hospital Stay Propelling Demand for Minimally Invasive Surgeries
Less wound pain, faster functional recovery, and shorter hospital stay are the key advantages of minimally invasive surgery (MIS) over open surgery. Minimally invasive procedures are also linked to significantly less blood loss, lower analgesic consumption, a faster time to first flatus and a soft diet, and a shorter postoperative hospital stay as compared to open surgery. Awareness about the benefits of minimally invasive surgeries is increasing among patients. This is compelling healthcare companies to increase the manufacturing of minimally invasive surgery equipment.
According to Transparency Market Research (TMR) Healthcare Research findings, based on our pilot population study, we observed that most patients with renal calculi, prefer endoscopic procedures to manage the removal of kidney stones. They prefer a minimally invasive procedure instead of open surgery, owing to the high degree of awareness. Demand analysis of minimally invasive surgery suggests that endoscope technology and instrumentation have made it possible to convert many procedures in many surgical specialties from open surgeries to endoscopic ones.
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Surgical Robots Performing Complex Procedures Likely to Boost Market Growth
Robotic surgery is a modern technique that offers significant results in various types of surgical procedures. A rapid increase in the adoption of robotic surgery for minimally invasive procedures is attributed to a blend of technological improvements such as the use of more efficient motors, compact & light materials, power backup, sophisticated controls, and safety mechanisms, along with more cost-effective versions. The high precision of robot-assisted surgery helps in accurate implant positioning and reduces the risk of injury to adjacent tissues. Patients also benefit from less bleeding and post-operative pain, and fewer hospital readmissions.
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Growth prospects for minimally invasive surgery market lie in innovations in surgical robotic systems. Robots are also becoming increasingly important in the field of minimally invasive surgery due to the growing complexity of procedures in order to treat difficult diseases. In 2020, more than 900,000 procedures were performed in the U.S., and about 5,000 robotic platforms were equipped in hospitals across the country.
According to a key opinion of Cleveland Clinic, on an average, around 35% of all colorectal surgery in the Atlanta area of the U.S. is being performed robotically for the last 2 to 3 years.
Increasing Adoption of Laparoscopic Surgery Creating Revenue Opportunities for Stakeholders
In terms of procedure, the global minimally invasive surgery market has been classified into laparoscopic surgery, robotic surgery, endoscopic mucosal resection, endoscopic submucosal dissection, and transcatheter.
The laparoscopic surgery segment led the market in 2020, and the trend is expected to continue during the forecast period due to the high rate of adoption of laparoscopy procedures to help diagnose different medical conditions that arise within the abdomen or pelvis.
Additionally, advanced laparoscopy devices are used to perform surgical procedures such as the removal of a diseased or damaged organ or a tissue sample for further testing (biopsy). Substantially low maintenance costs of laparoscopic handheld minimally invasive surgery devices and a rise in technological innovations in handheld instruments are likely to augment the laparoscopic surgery segment during the forecast period.
The market value of the minimally invasive surgery market is expected to grow since the transcatheter segment is likely to expand at a high CAGR from 2022 to 2031 due to a rise in transcatheter aortic valve implantation procedures. Demand for this procedure is predicted to increase exponentially owing to an aging population worldwide.
High Prevalence of Orthopedic Disorders Driving Minimally Invasive Surgery Market
The orthopedic segment held a significant share of the global market, in terms of revenue, in 2020. The trend is likely to continue during the forecast period since this segment is one of the fastest growing market for minimally invasive surgery.
An estimated 22 million orthopedic procedures were performed worldwide in 2017, and this number is only expected to grow. Therefore, a high number of cases of orthopedic disorders, such as the fracture of bones, bone cancer, etc., propels the demand for minimally invasive surgery across the globe.
Favorable Reimbursement Policies Increasing Hospitals Visits of Patients, Contributing to Market Growth
In terms of end-user, the global minimally invasive surgery market has been divided into hospitals, clinics, ambulatory surgical centers, and others.
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A rise in the number of operating rooms in developing countries in hospitals, an increase in the number of patient’s preference to visit hospitals due to medical reimbursement, availability of advanced minimally invasive surgery devices, and the surgeons’ capabilities to perform different types of minimally invasive surgery are expected to drive the segment during the forecast period. As of February 2019, there were a total of 33,000 hospitals in China, an increase of 1,866 in the same period of 2018.
Regional Outlook of Global Minimally Invasive Surgery Market
In terms of region, the global minimally invasive surgery market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The regions have been divided into major countries and sub-regions.
Europe accounted for a prominent share of the global minimally invasive surgery market in 2020. The trend is projected to continue during the forecast period due to an increase in the geriatric population in the region. According to the Eurostat, in 2017, around 19%, or one-fifth, of the European Union (EU) population was aged 65 and above.
The minimally invasive surgery market in Latin America is anticipated to grow at a prominent CAGR from 2022 to 2031. This is attributed to an increase in the popularity of minimally invasive procedures over traditional surgeries, a surge in the incidence of lifestyle-related and chronic illnesses, and technical developments in countries in Latin America.
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Competitive Landscape of Global Minimally Invasive Surgery Market
The global minimally invasive surgery market is fragmented due to the presence of a large number of players. Key players operating in the global market include Abbott Laboratories, B. Braun Melsungen AG, Becton, Dickinson and Company, Boston Scientific Corporation, CONMED Corporation, Johnson & Johnson Services, Inc., Medtronic plc, Smith & Nephew plc, Stryker Corporation, and Zimmer Biomet.
Key hospitals that have been also profiled in the report include Apollo Hospitals Enterprise Limited, Huntington Hospital, Johns Hopkins Hospital, Massachusetts General Hospital, Rutland Medical Center, Saint Michael's Hospital, Singapore General Hospital, The Ottawa Hospital, and University of Pittsburgh Medical Center Washington Hospital Healthcare System.
Key players are adopting growth strategies such as new product development, product launches, product approval, agreement, partnerships, and mergers.
Each of these players has been profiled in the minimally invasive surgery market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.
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Hematuria Treatment Industry Size, Growth Strategies, Competitive Landscape, Factor Analysis Till 2027
The global hematuria treatment Industry is accruing rapidly mainly due to the increasing number of bladder or kidney stones; kidney disease; urinary tract infection, cystitis (bladder infection), or pyelonephritis (kidney infection); cancers of the urinary tract (kidney, bladder, prostate); trauma, injury, or urinary tract instrumentation; rigorous exercise; benign prostatic hyperplasia; and blood thinners for such as Antithrombotic medications.
In addition to the chronic diseases, infection or diseases are too impacting the market growth positively. At the same time, there are various treatments and novel medications available for hematuria management which are pushing up the market on the global platform.
Acknowledging the colossal growth, the market is witnessing currently, Market Research Future (MRFR) in its recently published study report asserts that the global hematuria treatment market will grow exponentially by 2023 accruing at a striking CAGR during the forecast period.
Furthermore, technological advancements transpired in the field of hematuria management and advent treatment materials are fostering the market growth of hematuria treatment to an extent.
On the other hand, factors such as the complications in the treatment, high cost of product developments, and stringent regulations for approvals are expected to obstruct the market growth during the assessment period. Also, the pending or imminent patent expiries of many blockbuster hematuria management drugs are some hampering the market growth.
Nevertheless, factors like the instigation of a large number of regulatory healthcare reforms, developments of methods for the improved diagnosis and treatments for hematuria are expected to support the market growth bringing about the hematuria management therapeutics and treading along a promising increase in the next few years.
Hematuria Treatment Market – Segments
The MRFR analysis is segmented into five key dynamics for the convenience of understanding;
By Type : Gross/ Macroscopic Hematuria, Microscopic Hematuria, Idiopathic Hematuria, and Jogger’s Hematuria.
By Causes : Kidney Stones, Urinary Tract Infections (UTI), Urethritis, Blood Cancer, Bladder Stones, Prostate Cancer, Cystitis, Trauma, Vigorous Exercise, Polycystic Kidney Disease, Endometriosis, and Menstruation.
By Treatment: Drugs and Therapeutics, among others.
By End-user : Hospitals, Clinics, and Labs among others.
By Regions : North America, Europe, APAC, and the Rest-of-the-World.
Hematuria Treatment Market – Regional Analysis
The North American region dominates the global hematuria treatments market. The growing prevalence of kidney diseases, bladder cancer, and others along with the high per capita healthcare expenses drive the growth in the regional market.
Some of the factors such as the increasing technological innovations in medical science and the growing investments into R&D to develop new techniques to treat hematuria are substantiating market growth.
Besides the high consumption of antibiotics in the treatment of various chronic diseases, the presence of a well-established healthcare system, and rising cases of trauma & accidents foster the growth of the hematuria management market in the region.
Europe hematuria treatment market stands at the second position in terms of the size. The market in this region exhibits a phenomenal growth prospect throughout the review period.
Furthermore, factors like financial support from the government for R&D activities, and the increasing demand for hematuria treatments & devices drive the market growth in the region. Besides, the rising incidences of accidental injuries are contributing to the market growth in this region, generating a massive demand for the management of hematuria.
The Asia Pacific hematuria treatment market is emerging as a profitable market. Factors such as the increasing healthcare expenditure and increasing prevalence of hematuria led by the growing incidences of infections related to the urinary tract, bladder, and kidney drive the growth of the hematuria treatment market in the region.
The increasing governmental funding alongside a large unmet needs presages towards the growth opportunities for the market players. Spreading awareness about the availability of different hematuria management procedures is accelerating the market growth in the region. Besides, the availability of low-cost, quality hematuria management methods drives the regional market.
Hematuria Treatment Market – Competitive Analysis
The highly competitive hematuria treatment market appears fragmented owing to a number of players and the increasing investments made by them in R&D activities in the hematuria management. Through the strategic partnership, acquisition, expansion, product & technology launch, and collaboration, these players try to gain a competitive edge.
Key Players:
Some of the leaders of the market include Bristol-Myers Squibb, AstraZeneca Plc., F. Hoffmann-La Roche Ltd., Janssen Pharmaceuticals, Inc., GlaxoSmithKline Inc., Merck & Co., Sun Pharmaceutical Industries Limited, Novartis International AG, Pfizer, Inc., and The Medicines Company among others.
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Lithotripsy Device Market : Global Market Revenue and Share by Manufacturers
Transparency Market Research (TMR) has published a new report titled, “Lithotripsy Device Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the lithotripsy device market was valued at US$ 705.5 Mn in 2017. It is projected expand at a CAGR of 3.8% from 2018 to 2026. Increase in the prevalence of kidney stone and a rise in awareness about kidney health are anticipated to augment the global market between 2018 and 2026.
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Lithotripsy is a non-invasive procedure that is utilized to break stones present in various organs such as kidneys, liver or gallbladder, and pancreas. Lithotripsy compromises products such as intracorporeal and extracorporeal lithotripter. Rise in the prevalence of kidney stones and an increase in the awareness of kidney health are key factors that are anticipated to drive the global market for lithotripsy device. Additionally, favorable reimbursement policies are likely to propel the global lithotripsy device market. However, availability of alternatives for stone management is anticipated to restrain the global market. Moreover, the high cost of lithotripsy procedure is a major factor restraining the market.
The report offers detailed segmentation of the global lithotripsy device market based on product and application. The market has also been segmented based on region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa). Favorable reimbursement policies and an increase in the prevalence of kidney stone are likely to drive the global lithotripsy device market.
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Extracorporeal lithotripsy segment to account for leading share, while intracorporeal lithotripter segment to expand significantly
In terms of product, the extracorporeal lithotripsy segment accounted for a leading share of the global market in 2017, and the trend is anticipated to continue during the forecast period. Increase in prevalence of pancreatic, biliary, and ureteral stone cases across the globe is projected to boost the segment during the forecast period. Increase in demand for lithotripsy devices, due to inclination toward minimally invasive procedures, is a key factor that is anticipated to drive the market during the forecast period.
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Emerging technologies in laser lithotripsy to propel market
Emerging technologies in lithotripsy are projected to boost the global lithotripsy market during the forecast period. Mosses technology is a new technique of laser lithotripsy that is employed to separate water between laser tip and stone. Lumenis, Moses Holmium technology is a combination of fiber and Holmium laser that is utilized to treat stones present in difficult to reach locations. Dusting technique is used to remove stones without using the basket, while the pop-dusting technique is used to remove multiple stone fragments. Thulium laser is a new technology of laser lithotripsy. Its advantages include smaller fibers, increase in stone ablation, and higher flexibility. RevoLix DUO is a combination of Holmium and Thulium laser, offered by LISA Laser Products GmbH, and is used for urological application for lithotripsy.
North America to be highly lucrative lithotripsy device market
North America has a large number of lithotripsy products approved for the treatment of various stone diseases. In the U.S., significant increase in prevalence of kidney stone diseases is likely to propel the region’s leading share of the global market during the forecast period. Additionally, product launches and approval for lithotripsy devices are anticipated to drive the market in the region.
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Product launches by key players and patent approvals to boost market
The report also provides profiles of leading players operating in the global lithotripsy device market. These include Boston Scientific Corporation, Olympus Corporation, C. R. Bard, Inc., (Becton, Dickinson), EDAP TMS, Siemens Healthcare GmbH, Dornier MedTech, Cook, KARL STORZ, Richard Wolf GmbH, and EMS. Launch of new products, focus on development of technologically advanced products by companies, and product approvals are expected to drive the global market during the forecast period. In May 2018, Dornier MedTech launched a new product Dornier Delta III and SmartLitho lithotripter system. In July 2018, Dornier MedTech received approval from Pharmaceutical and Medical Device Agency for the Delta III product in Japan. In April 2018, Olympus Corporation acquired Cybersonics, Inc. for lithotripsy system design and production technology.
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Kidney Stones Management Devices Market Is Growing at an Exponential Rate in Upcoming Years
The recently Published Report titled Kidney Stones Management Devices Market Is Growing at an Exponential Rate in Upcoming Years by Axel Reports offers a comprehensive picture of the market from the global view point as well as a descriptive analysis with detailed segmentation, complete research and development history, latest news, offering a forecast and statistic in terms of revenue during the forecast period from 2021-2027. The report covers a comprehensive analysis of key segments, recent trends, competitive landscape, and key factors playing a substantial role in the market are detailed in the report. The report helps vendors and manufacturers to understand the change in the market dynamics over the years.
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By Market Players: Cook Medical Elmed Olympus Bard Medical Boston Scientific Siemens Healthcare Storz Medical Dornier MedTech Medispec EDAP TMS Convergent Laser Technologies E.M.S. Electro Medical Systems DirexGroup Richard Wolf Stryker By Type: Lithotripters Stone Removal Devices Ureteral Stents Other By Application: Hospital Clinic Other
NOTE: Consumer behaviour has changed within all sectors of the society amid the COVID-19 pandemic. Industries on the other hand will have to restructure their strategies in order to adjust with the changing market requirements. This report offers you an analysis of the COVID-19 impact on the Kidney Stones Management Devices market and will help you in strategising your business as per the new industry norms.
Report offers: 1. Insights into the intact market structure, scope, profitability, and potential. 2. Precise assessment of market size, share, demand, and sales volume. 3. Authentic estimations for revenue generation and Kidney Stones Management Devices Market development. 4. Thorough study of Kidney Stones Management Devices Market companies including organizational and financial status. 5. Perception of crucial market segments including, forecast study. 6. Acumen of upcoming opportunities and potential threats and risks in the market.
The report diversifies the global geographical expanse of the market into five prominent regions as:
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Key Elements Discussed In The Report: The report then discusses important dynamics on the business drivers that have a major impact on the performance are given in the report. The business drivers are important to the business operations and financial results of the industry. All the drivers are determined in the research study using market analysis. The report is comprehensive coverage of the existing and potential markets along with their assessment of their competitive position in the changing market scenario. It scrutinizes in-depth global market trends and outlook coupled with the factors driving the global Kidney Stones Management Devices market, as well as those hindering it.
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Moreover, the report throws light on the pinpoint analysis of global Kidney Stones Management Devices market dynamics. It also measures the sustainable trends and platforms which are the basic roots behind the market growth. With the help of SWOT and Porter’s five analysis, the market has been deeply analyzed. Consumer behavior is assessed with respect to current and upcoming trends. The report takes a detailed note of the major industrial events in past years. These events include several operational business decisions, innovations, mergers, collaborations, major investments, etc.
Customization of the Report: This report can be customized to meet the client’s requirements. Please connect with our sales team ( [email protected]), who will ensure that you get a report that suits your needs. You can also get in touch with our executives on +18488639402 to share your research requirements.
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GLOBAL COMPUTED TOMOGRAPHY MARKETMARKET ANALYSIS & SEGMENT FORECAST FROM 2021 TO 2028
Global Computed Tomography Market Size, Share & Trends Analysis Report By Technology Type (High-end slice, Mid end slice, Low-end slice, and Cone beam -CBCT), By Application (Cardiovascular, Oncology, Neurovascular, Musculoskeletal, and other applications), By End-User (Hospital and clinics, Diagnostic centers, and Others), By Region (North America, Europe, Asia-Pacific, South America, and Middle East & Africa) And Segment Forecasts, 2021 - 2028
Computed tomography is a digitalized X-ray imaging method that creates a detailed image of internal organs, bones, soft tissue, and blood vessels to diagnose them. Computed tomography combines X-rays and computer technology, to help doctors to spot cancers and other problems, that aren't visible (or even visible) on standard X-rays.
Computed tomography is widely used to identify circulatory system disorders, spinal issues, kidney and bladder stones, abscess, inflammatory diseases including ulcerative colitis and sinusitis, and head, skeletal system, and internal organ trauma, among other things.
Computed tomography has a great impact on the understanding of illness, both in terms of its clinical uses and the role it has played in increasing our understanding of the disease. Computed tomography has aided important breakthroughs in illness diagnosis and management by allowing a deeper understanding of anatomy, physiology, and pathology.
Market Growth Factors:
Increasing adoption of medical imaging: Medical imaging is an essential component of the whole healthcare process. Technical advancements, physician and patient demand, a dedication to providing excellent health care, and strong financial incentives are all contributing to a rapid rise in the adoption of medical imaging.
Rising demand for analytics solutions: Analytics solutions that may assist medical imaging specialists to offer more value by lowering the length of stay, enhancing compliance, boosting income, minimizing medical mistakes and medical-legal risk, and assessing outcomes and quality will see increased attention and demand. Thus, this shift of medical care toward more profound data integrated image-guided interventions will contribute towards the growth of the computed tomography market.
Rising geriatric population and increasing prevalence of chronic disease and complex medical conditions: According to the International Osteoporosis Foundation (IOF), one in every three women and one in every five men aged 50 and over suffers from osteoporosis-related fractures, affecting about 200 million individuals globally, with a fracture occurring every three seconds. A computed tomography scan creates three-dimensional pictures of bones, allowing for more accurate diagnosis and surgery in orthopedics. As a result of the growing prevalence of orthopedic diseases, demand for computed tomography scanners is projected to rise as well.
Market Drivers and restraints:
Drivers:
Rising prevalence of cancer: The worldwide cancer burden continues to rise. A computed tomography scan is one of the most used tests for detecting cancer and determining the form and size of a tumor. Since the number of incident instances of cancer rises, so will the number of cancer survivors, increasing the number of diagnoses performed, as cancer patients live longer following diagnosis. Thus, boosting the market revenue.
Product improvements and innovations: The development of devices to improve the picture quality acquired by traditional computed tomography scanners is likely to be one of the main drivers driving market expansion. Advanced cone-beam computed tomography (CBCT) devices are predicted to be a key element in expanding computed tomography's uses in current medical testing.
Rising healthcare reforms: Health systems are looking for computed tomography systems that can increase the efficiency of complex workflows and wide case combinations for outpatient and emergency settings, from polytrauma to light headaches, or enhance medical competence. As health systems enhance operational efficiency and maintain patient happiness, they continue to optimize dosage and increase procedure uniformity. Traditional CT systems that have been established are unable to meet these dynamic problems.
Technological Advancements in Computed Tomography (CT): Significant technical developments have been experienced by computed tomography that has improved cancer detection, reduced inpatient time, and aided surgery preparation. Computed tomography scan technology has advanced in recent years, decreasing hazardous radiation to patients, permitting quicker scan speeds, and improving picture quality. New and updated software allows for better picture reconstruction while also providing a new level to image interpretation. Hence, all these factors are expected to boost the market growth.
Restraints:
Stringent manufacturing regulations: The computed tomography market is expected to be hampered to some extent by strict rules governing the manufacture of computed tomography equipment. Regulations frequently increase in the approval time for new goods, further impacting the market, because producers of these systems are obliged to follow strict quality standards in manufacturing.
Risk of adverse effects of computed tomography impacting the adoption rate: Concerns regarding radiation exposure from medical imaging has grown because of recent publicity on the fast rise in imaging use because of the relatively high ionizing radiation dose in each examination and the huge number of people that are exposed associated with computed tomography scanning. Thus, it may impact the adoption of these systems in the market.
Market Developments:
Increasing development in the field of personalized medicine: Personalized medicine is a valuable tool for understanding the illness process before clinical symptoms arise and enabling physicians to pick tailored treatments for patient management as the burden of chronic diseases rises. With the advancement of knowledge of the biomedical domain and the empowerment of artificial intelligence, machine learning methods, and deep learning methods, personalized medicine has become an attraction point in many research fields. Computed tomography will not only be able to give anatomical information regularly, but it will also be able to define structures based on their material makeup in a single scan. This will change and improve clinical pathways to personalized medicine
Shift to Value-based healthcare: The shift to a value-based payment healthcare system has altered what hospitals are looking for in terms of return on investment, cost-effectiveness, efficiency, and patient safety. Hospitals must become more efficient and productive, which necessitates a move to more value-oriented goods. Similarly, patients have been more proactive in their care, resulting in a quality change. Data integration ("Big Data") and population health management are two trends that have emerged because of the transition to value-based care. An inflow of data, along with advances in imaging, allows these data to be used to not only provide more value but also to be applied to a larger population.
Introduction of computed tomography into other sectors: Beyond the use, as a research tool, computed tomography is now utilized in a wide range of applications, including process and product development, process and product monitoring, sample through inspection procedures, product metrology, and full-scale failure investigation and forensics work. Recent computed tomography technology advances and software enhancements have demonstrated that picture quality may be improved while cycle durations are reduced. These advancements, along with improved methods, present significant potential for businesses to profit from CT in their day-to-day operations while also aiding in the development of new, high-quality goods.
Region-wise developments:
As more cancer cases and chronic illnesses are anticipated to be discovered as the population ages. The growing elderly population in the USA is responsible for the market growth of computed tomography. Because computed tomography is a crucial tool in lung cancer imaging, the rising prevalence of lung cancer in European nations is projected to fuel growth in that region.
Due to significant unmet requirements and expanding healthcare infrastructure in the Asia-Pacific area, particularly in quickly developing nations such as India and China. Furthermore, the region's market expansion is projected to be aided by the existence of key industry competitors and suppliers, the incidence of chronic diseases, and the rising presence of numerous insurance companies paying computed tomography scans. Hence, all these factors are expected to boost the market growth in different regions.
The report covers the following major segments of the Global Fog Computing market:
By Technology Type: High-end slice, Mid end slice, Low-end slice, and Cone beam (CBCT)
By Application: Cardiovascular, Oncology, Neurovascular, Musculoskeletal, and other applications
By End-user: Hospital and clinics, Diagnostic centers, and others
By Region: North America, Europe, Asia-Pacific, South America, and META
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Digital Fluoroscopy System Market Trends Forecast Opportunity Analysis-2027
Digital Fluoroscopy System Market Regional Analysis:-
North America is expected to lead Digital Fluoroscopy System Market due to high prevalence of medical conditions such as varicose veins, pulmonary embolism, peripheral artery disease, and pulmonary embolism. According to a study conducted by Center for Disease Control and Prevention (CDC), in 2016, more than 8.5 million people in U.S. are suffering from peripheral artery disease, out of which more than 12% are geriatric population. According to a survey conducted by National Institute of Health (NIH), in 2016, more than 40 million people in the U.S. are diagnosed with varicose veins. Such high prevalence of diseases can drive growth of the North America digital fluoroscopy system market as digital fluoroscopy system is used for diagnosis of these diseases.
Europe digital fluoroscopy system market is expected to witness significant growth due to launch of innovative digital fluoroscopy systems. For instance, in 2015, Koninklijke Philips N.V. launched ProxiDiagnost N90 DRF system. This device is a two in one digital radiography and fluoroscopy system, which provides high quality images with fast supporting workflow and increases room utilization. This system also gives high patient accessibility i.e. the system has small footprint area, open overhead table and area this enables technicians and caregivers to be close to the patient during the procedures causing no hindrance. Moreover, in February, 2019, Siemens Healthineers (Germany) launched the Artis icono biplane, a new interventional angiography systems. This new product line is intended to support both radiology and cardiology interventional procedures using a novel detector positioning design.
Digital fluoroscopy is form of X-ray that enables technician to visualize deep structures of the body. Digital fluoroscopy provides detailed images of different organs such as intestine, cardiac muscle, bladder, and stomach. Conventional X-ray records images to a film, while digital fluoroscopy helps in recording a series of images to the computer. Digital fluoroscopy is majorly used to check and evaluate the gastrointestinal tract, which includes stomach, esophagus, duodenum and the colon.
Furthermore, it is used to diagnose tumors, ulcers, hiatal hernias, scarring, reflux, inflammation, and blockages. It examines and evaluates kidney function in venography and angiography procedures (placement of tubes in veins and arteries) and pain management procedures (nerve root blocks). Procedures that use fluoroscopy are orthopedic surgery, podiatric surgery, angiography, placement of Peripherally Inserted Central Catheter (PICC), placement of weighted feeding tube in the duodenum, urological surgery, cardiology, discography, lumbar puncture, and modified barium swallow study.
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Digital Fluoroscopy System Market Dynamics:-
Increasing number of orthopedic surgeries and angiography are major drivers for growth of global digital fluoroscopy system market. According to a survey conducted by American Academy of orthopedic surgeons, in 2014, more than six million patients were reported for knee replacement surgeries, more than three million patients were reported for hip replacement surgeries and more than four million patients were reported for spinal fusion surgeries.
Moreover, innovation in fluoroscopy devices is expected to fuel digital fluoroscopy system market growth. For instance, in 2015, Care Stream Health Corporation launched Carestream DRX Excel and Carestream DRX Excel Plus, this devices enhance workflow using fluoroscopy. These devices records both fluoroscopy and radiography sequences. Approvals of new products by regulatory bodies are also driving growth of the digital fluoroscopy system market size. For instance, in April 2018, Afga Healthcare received Food and Drug Administration (FDA) approval for DR multipurpose imaging system. It is a solution for digital radiography, digital fluoroscopy, and advanced clinical applications such as use of image processing software ‘DYNAMIC MUSICA’ for both static and dynamic (moving) images.
Furthermore, mergers and acquisitions by key players are boosting growth of the digital fluoroscopy system market. For instance, in 2016, Canon Inc. acquired Toshiba’s Medical Equipment Unit. Canon is focused on developing new medical imaging, digital radiography, and fluoroscopy solutions along with Health IT software solutions.
Collaborative agreement by key players for service expansion is expected to drive digital fluoroscopy system market growth. For instance, in 2015, GE Healthcare entered into a 7-year collaborative agreement with Temple University Health System to expand radiology-based services. This initiative was also undertaken to address challenges pertaining to market competition, cost control and patient outcomes.
High cost of devices and novel procedures in pipeline, which may provide better result than fluoroscopy are restraining growth of the digital fluoroscopy system market. For instance, endoscopic retrograde cholangioscopy procedure using spy glass rather than digital fluoroscopy to detect bile duct stones has completed phase three clinical trials in 2017, this is sponsored by Boston Scientific Corporation, a leading medical device company.
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In addition, in February 2019, Royal Philips launched Philips Zenition, its new mobile C-arm imaging platform. Mobile C-arms are X-ray systems that are brought into the operating room (OR) to provide live image guidance during a wide range of surgeries including orthopedic, trauma and vascular procedures
Moreover, Asia Pacific digital fluoroscopy system market is expected to grow at significant rate due to advancement in digital fluoroscopy equipment i.e. C arms and innovation in technology of digital fluoroscopy systems. For instance, in 2016, Toshiba Corporation launched Infinix-i sky and double sliding C arm. This device helps C arms to be positioned in many ways to perform all procedures with ease. It helps the clinicians increase their speed, coverage, and patient access.
Digital Fluoroscopy System Market Key Players:-
Key players operating in global digital fluoroscopy system market include Philips Healthcare, GE Healthcare, Siemens Health, Toshiba Medical Systems, Shimadzu Medical, Ziehm Imaging, Hitachi Medical Systems, Orthoscan Inc. and Hologic Corporation.
In January 2016, Shimadzu released the Xslicer SMX-6000 Microfocus X-Ray Inspection System. This was the first System from Shimadzu that Integrated Inclined Fluoroscopy and CT Imaging into a Single Package. Besids, in October 2015, Siemens Healthcare introduced first Twin Robotic X-Ray system. This Twin Robotic X-Ray system enables a wide variety of examinations in a range of clinical areas to be performed using only a single X-ray system. In addition to this, the system also makes it possible to perform fluoroscopy examinations.
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North America to Dominate the Global Surgical Lasers Market till 2026 | TechSci Research
Increase of medical tourism and favourable reimbursement policies is expected to drive the demand for global surgical lasers market in the forecast period.
According to TechSci Research report, “Global Surgical Lasers Market By Type (Carbon-Dioxide Lasers, Argon Lasers, Diode Lasers, Others) By Procedure Type (Open Surgery, Laparoscopic Surgery, Percutaneous Surgery) By Application (Ophthalmology, Dentistry, Dermatology, Cardiology, Gynecology, Others) By End User (Hospitals & Clinics, Ambulatory Care Centers, Others) By Company, By Region, Forecast & Opportunities, 2026”, global surgical lasers market is expected to witness steady growth for the upcoming five years. A surgical laser is used for removal of diseases tissues and for treatment of bleeding blood vessels and uses a light beam. Lasers are used for almost all surgeries belonging to oncology, cardiology, dermatology, dentistry, among others. Laser ability to target layers of tissues and disease infected structure leads in making the surgical tools for performing reconstructive and aesthetic surgeries.
Surgical lasers lower the risk of damaging tissues adjacent to target tissue compared to its other counterpart required for performing surgery. Healing time is less in surgeries using surgical lasers and causes less discomfort to patients. Growing prevalence of urology disorders such as occurrence of kidney stones, renal cancer, and prostate enlargement coupled with patient preference for minimally invasive surgeries is contributing to high demand for surgical lasers. Surgical lasers leave no scars and stitches are rarely required in surgeries. Post-operative discomfort is for less amount of time and leaves numb feeling in patient after performing operations. Factors such as consumption of junk food and unhealth food and high stress levels is boosting the demand for surgical lasers world-wide.
Rise in disposable income among the middle-class families is aiding in increasing the healthcare expenditure of consumers. Increase in medical laser use in diverse end-user sectors such as healthcare, defense, manufacturing operations is a significant factor for the growth of the market. Increasing adoption of dental laser in dental surgeries due to its surgical benefits and initiatives taken by market players to raise the awareness of using lasers in such surgeries is fostering the demand for surgical lasers. Reduction in preference of patients to stay in hospital after performing the surgeries is leading to increased efforts taken by key players to develop more advanced surgical lasers for high performance and increased efficiency.
However, high cost of laser surgeries and strict regulations for approval of surgical lasers may create hindrance in the global surgical lasers market growth.
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https://www.techsciresearch.com/report/surgical-lasers-market/7620.html
Global surgical lasers market is segmented into type, procedure type, application, end user, regional distribution, and company. Based on type, market is further divided into carbon-dioxide lasers, argon lasers, diode lasers and others. Carbon-dioxide lasers segment is expected to account for major market share for the forecast period, 2022-2026. Technology upgradation of cosmetic surgeries is a major driver for the growth of the carbon-dioxide segment market growth. Also, availability of carbon -dioxide based lasers is expected to fuel the segment growth across the world. Based on procedure type, market is fragmented into open surgery, laparoscopic surgery, and percutaneous surgery.
The laparoscopic surgery segment is expected to dominate the market in the predicted period owing to awareness in patients regarding its procedural benefits. Surge in market demand for less-invasive therapies is expected to foster the demand for this segment. On application segment analysis, it is sub-segmented into ophthalmology, dentistry, dermatology, cardiology, gynaecology, and others. The others segment consisting of urology segment is expected to dominate the market due to rising awareness among patients and the associated benefits of using surgical lasers.
Boston Scientific Corporation, Alcon, Inc., Johnson & Johnson, Cynosure, Inc., Lumenis Ltd., Candela Corporation, Cutera, Inc., Lutronic Corporation, El. En Group, Biolase, Inc., IPG Photonics Corporation, Alma Lasers Ltd., Koninklijke Philips N.V., Bauch Health Companies, Inc., Carl Zeiss AG are the leading players operating in global surgical lasers market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several surgical lasers manufacturers are coming up with their technologically advanced offerings.
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“Technology upgradation of surgical lasers such as 3D building of organs for successful surgeries and adoption of surgical lasers by healthcare industry is increasing on a large-scale. High beauty standards and rise in consumer awareness about advanced cosmetic procedures is a significant factor for the growth of the surgical lasers for the next five years. Surge in cosmetic surgeries using laser technology for obtaining better results is expected to propel the growth of the market until 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Surgical Lasers Market By Type (Carbon-Dioxide Lasers, Argon Lasers, Diode Lasers, Others) By Procedure Type (Open Surgery, Laparoscopic Surgery, Percutaneous Surgery) By Application (Ophthalmology, Dentistry, Dermatology, Cardiology, Gynecology, Others) By End User (Hospitals & Clinics, Ambulatory Care Centers, Others) By Company, By Region, Forecast & Opportunities, 2026” has evaluated the future growth potential of global surgical lasers market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of global surgical lasers market.
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North America to Dominate the Global Surgical Lasers Market till 2026 | TechSci Research
Increase of medical tourism and favourable reimbursement policies is expected to drive the demand for global surgical lasers market in the forecast period.
According to TechSci Research report, “Global Surgical Lasers Market By Type (Carbon-Dioxide Lasers, Argon Lasers, Diode Lasers, Others) By Procedure Type (Open Surgery, Laparoscopic Surgery, Percutaneous Surgery) By Application (Ophthalmology, Dentistry, Dermatology, Cardiology, Gynecology, Others) By End User (Hospitals & Clinics, Ambulatory Care Centers, Others) By Company, By Region, Forecast & Opportunities, 2026”, global surgical lasers market is expected to witness steady growth for the upcoming five years. A surgical laser is used for removal of diseases tissues and for treatment of bleeding blood vessels and uses a light beam. Lasers are used for almost all surgeries belonging to oncology, cardiology, dermatology, dentistry, among others. Laser ability to target layers of tissues and disease infected structure leads in making the surgical tools for performing reconstructive and aesthetic surgeries.
Surgical lasers lower the risk of damaging tissues adjacent to target tissue compared to its other counterpart required for performing surgery. Healing time is less in surgeries using surgical lasers and causes less discomfort to patients. Growing prevalence of urology disorders such as occurrence of kidney stones, renal cancer, and prostate enlargement coupled with patient preference for minimally invasive surgeries is contributing to high demand for surgical lasers. Surgical lasers leave no scars and stitches are rarely required in surgeries. Post-operative discomfort is for less amount of time and leaves numb feeling in patient after performing operations. Factors such as consumption of junk food and unhealth food and high stress levels is boosting the demand for surgical lasers world-wide.
Rise in disposable income among the middle-class families is aiding in increasing the healthcare expenditure of consumers. Increase in medical laser use in diverse end-user sectors such as healthcare, defense, manufacturing operations is a significant factor for the growth of the market. Increasing adoption of dental laser in dental surgeries due to its surgical benefits and initiatives taken by market players to raise the awareness of using lasers in such surgeries is fostering the demand for surgical lasers. Reduction in preference of patients to stay in hospital after performing the surgeries is leading to increased efforts taken by key players to develop more advanced surgical lasers for high performance and increased efficiency.
However, high cost of laser surgeries and strict regulations for approval of surgical lasers may create hindrance in the global surgical lasers market growth.
Browse XX Figures spread through XX Pages and an in-depth TOC on "Global Surgical Lasers Market”.
https://www.techsciresearch.com/report/surgical-lasers-market/7620.html
Global surgical lasers market is segmented into type, procedure type, application, end user, regional distribution, and company. Based on type, market is further divided into carbon-dioxide lasers, argon lasers, diode lasers and others. Carbon-dioxide lasers segment is expected to account for major market share for the forecast period, 2022-2026. Technology upgradation of cosmetic surgeries is a major driver for the growth of the carbon-dioxide segment market growth. Also, availability of carbon -dioxide based lasers is expected to fuel the segment growth across the world. Based on procedure type, market is fragmented into open surgery, laparoscopic surgery, and percutaneous surgery.
The laparoscopic surgery segment is expected to dominate the market in the predicted period owing to awareness in patients regarding its procedural benefits. Surge in market demand for less-invasive therapies is expected to foster the demand for this segment. On application segment analysis, it is sub-segmented into ophthalmology, dentistry, dermatology, cardiology, gynaecology, and others. The others segment consisting of urology segment is expected to dominate the market due to rising awareness among patients and the associated benefits of using surgical lasers.
Boston Scientific Corporation, Alcon, Inc., Johnson & Johnson, Cynosure, Inc., Lumenis Ltd., Candela Corporation, Cutera, Inc., Lutronic Corporation, El. En Group, Biolase, Inc., IPG Photonics Corporation, Alma Lasers Ltd., Koninklijke Philips N.V., Bauch Health Companies, Inc., Carl Zeiss AG are the leading players operating in global surgical lasers market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several surgical lasers manufacturers are coming up with their technologically advanced offerings.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=7620
Customers can also request for 10% free customization on this report.
“Technology upgradation of surgical lasers such as 3D building of organs for successful surgeries and adoption of surgical lasers by healthcare industry is increasing on a large-scale. High beauty standards and rise in consumer awareness about advanced cosmetic procedures is a significant factor for the growth of the surgical lasers for the next five years. Surge in cosmetic surgeries using laser technology for obtaining better results is expected to propel the growth of the market until 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Surgical Lasers Market By Type (Carbon-Dioxide Lasers, Argon Lasers, Diode Lasers, Others) By Procedure Type (Open Surgery, Laparoscopic Surgery, Percutaneous Surgery) By Application (Ophthalmology, Dentistry, Dermatology, Cardiology, Gynecology, Others) By End User (Hospitals & Clinics, Ambulatory Care Centers, Others) By Company, By Region, Forecast & Opportunities, 2026” has evaluated the future growth potential of global surgical lasers market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of global surgical lasers market.
Browse Related Reports:
Global Ablation System Devices Market By Technology (Radiofrequency v/s Thermosphere) By Product Type (Laser Ablators, Radiofrequency Ablators, Microwave Ablators, Ultrasound Ablators, Others) By Procedure (Tumor Ablation, Varicose Veins, Atrial Fibrillation, Skin Tightening, Others) By Usability (Disposable v/s Reusable) By Function (Automated/Robotic v/s Conventional) By Application (Cancer Treatment, Cosmetic Treatment, Urological Treatment, Orthopedic Treatment, Others) By End User (Hospitals & Clinics, Ambulatory Care Centers, Others) By Region, Competition Forecast & Opportunities, 2026
https://www.techsciresearch.com/report/ablation-system-devices-market/7348.html
Europe Plastic Surgery Instrument Market By Type (Handheld (Forceps, Needle Holders, Scissors, Retractors, Others), Electrosurgical (Bipolar Instruments, Monopolar Instruments), Others), By Procedure (Cosmetic Surgery (Breast Procedures, Face and Head Cosmetic Surgery, Body & Extremities Cosmetic Procedures), Reconstructive Surgery (Breast Reconstruction Surgery, Congenital Deformity Correction, Tumour Removal, Others), By End User (Hospitals, Others), By Country, Forecast & Opportunities, 2025
https://www.techsciresearch.com/report/europe-plastic-surgery-instrument-market/5095.html
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Website: https://www.techsciresearch.com/
For More Market Research Blogs Visit: https://techsciblog.com/
#TechSci#Market Research Reports#Global Surgical Lasers Market#Healthcare#Surgical Lasers Market#Surgical Lasers Market Forecast#Medical Devices#Surgical Lasers Market Size
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