#Lithotripsy Devices Market Demand

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Urology Devices Market: Trends, Growth, and Innovations Shaping the Future

The urology devices market is expanding rapidly, driven by rising cases of urological diseases, a growing elderly population, and significant advancements in medical technology. Urology is a specialized field focused on diagnosing, treating, and managing conditions related to the urinary tract and male reproductive organs, including the kidneys, bladder, ureters, and prostate. Urology devices play a vital role in supporting urologists in delivering effective treatments and improving patient outcomes. This blog provides an in-depth look at the current trends, growth factors, and key innovations in the urology devices market.

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Market Overview and Key Drivers

The global urology devices market has been steadily growing and is projected to continue on this path, with recent estimates suggesting a CAGR of over 6% from 2023 to 2030. Some of the major drivers behind this growth include:

Rising Prevalence of Urological Disorders

Urological diseases like kidney stones, urinary incontinence, and prostate cancer are increasingly common, particularly in older adults. With a significant portion of the population now aging, demand for effective urological care and advanced diagnostic devices is on the rise. Additionally, lifestyle factors such as sedentary habits and diet can contribute to issues like kidney stones and urinary infections, further fueling the market for urology devices.

Technological Advancements

Innovations in technology have led to the development of minimally invasive surgical instruments, advanced imaging systems, and improved diagnostic devices, all of which enhance precision and reduce patient recovery time. Technologies such as robotics, laser-assisted devices, and minimally invasive techniques are becoming standard in urological procedures, enabling less invasive options for treatment and fewer complications.

Increase in Chronic Kidney Diseases and Cancers

Rising rates of chronic kidney disease and prostate cancer worldwide are significantly impacting the demand for urology devices. Prostate cancer is the second-most common cancer among men globally, leading to increased use of diagnostic imaging, biopsy devices, and treatment instruments.

Growing Awareness and Healthcare Spending

Increased public awareness of urological conditions, combined with rising healthcare expenditures, has encouraged patients to seek timely treatment, boosting demand for innovative devices.

Key Segments in the Urology Devices Market

The urology devices market can be categorized into several key segments, including diagnostic devices, treatment devices, and consumables.

1. Diagnostic Devices

Diagnostic devices in urology are essential for accurately identifying urological diseases. Common devices include:

Ultrasound Systems: Used to create images of the kidneys, bladder, and prostate. Portable ultrasound devices are increasingly popular due to their convenience and cost-effectiveness.

Endoscopes: Instruments that allow visualization of the urinary tract, including cystoscopes, ureteroscopes, and nephroscopes.

Biopsy Devices: Used to collect tissue samples from the prostate or bladder for cancer diagnosis.

2. Treatment Devices

Urological treatment devices aim to either alleviate symptoms or eliminate disease. Key devices include:

Lithotripters: Used in treating kidney stones by breaking them down using shock waves. There are different types of lithotripters, including extracorporeal shock wave lithotripsy (ESWL) and laser lithotripsy, both widely used in non-invasive treatments.

Catheters and Stents: Essential for managing urinary retention and supporting urinary flow, particularly after surgery.

Dialysis Equipment: For patients with chronic kidney failure, dialysis machines offer life-saving treatment.

Robotic Surgical Systems: Robotic systems like the da Vinci Surgical System have transformed prostate surgeries and other urological procedures by enabling precision and minimally invasive techniques.

Prostate Treatment Devices: These include devices used in transurethral resection of the prostate (TURP), prostate ablation, and laser therapy.

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3. Consumables and Accessories

Consumables such as urological catheters, guidewires, and biopsy needles are essential tools in both diagnostic and treatment procedures. As these products are single-use, they represent a consistent revenue stream within the market.

Technological Innovations and Emerging Trends

Several exciting innovations are currently reshaping the urology devices market. These advancements not only improve diagnostic and treatment capabilities but also enhance patient safety and comfort.

Robotic-Assisted Surgery

Robotic technology in urology has significantly improved precision in procedures like prostatectomies and kidney surgeries. Robotic-assisted systems allow surgeons to perform complex procedures with greater accuracy and reduced blood loss, leading to faster patient recovery times. The rising popularity of robotic surgery has led to substantial investments in this field, with new models and systems regularly entering the market.

Artificial Intelligence (AI) and Machine Learning (ML)

AI-powered imaging systems and diagnostic tools are helping urologists detect diseases more accurately and at earlier stages. Machine learning algorithms can analyze vast amounts of data to predict disease patterns, patient outcomes, and personalized treatment options, potentially revolutionizing urological care.

Laser Technology

Laser lithotripsy is a widely used method for treating kidney stones. Laser technology has become more sophisticated, enabling procedures that are highly effective in breaking down stones and improving patient outcomes with minimal side effects.

Minimally Invasive and Non-Invasive Techniques

The demand for non-invasive urological treatments has led to significant improvements in devices that enable procedures without the need for large incisions. Techniques such as laser therapy, shock wave lithotripsy, and cryotherapy are increasingly favored by patients and physicians alike due to shorter recovery times and reduced risk of complications.

Wearable and Remote Monitoring Devices

New wearable devices for monitoring urinary functions and detecting infections in real time are being developed. These tools are particularly valuable for elderly patients and those with chronic conditions who require regular monitoring. Remote monitoring allows for real-time data collection and helps in managing conditions like urinary incontinence and kidney diseases outside of hospital settings.

Regional Market Insights

The urology devices market is experiencing significant growth in several regions worldwide:

North America: The largest market, driven by high healthcare spending, an aging population, and technological advancements. The U.S. is a major contributor, with substantial investments in healthcare infrastructure and research.

Europe: Europe’s market is also strong, supported by high awareness of urological diseases and government healthcare programs.

Asia-Pacific: This region is expected to witness the highest growth rate due to the increasing prevalence of urological diseases, a large patient base, and rising healthcare expenditures in countries like China, India, and Japan.

Challenges and Future Prospects

While the urology devices market is growing, it faces some challenges:

High Costs of Advanced Devices

Advanced urology devices, such as robotic systems and AI-integrated imaging tools, are often costly, which can limit their accessibility, especially in developing countries.

Regulatory Hurdles

Urology devices undergo rigorous testing and regulatory approvals, which can delay the launch of new products. Changes in regulatory policies across regions also add to the complexity and cost for manufacturers.

Shortage of Skilled Professionals

Some urology devices, particularly robotic and laser systems, require skilled practitioners. A shortage of trained personnel in emerging markets can hinder the adoption of these advanced devices.

Despite these challenges, the future of the urology devices market appears promising. Increasing investments in research, favorable regulatory policies in many countries, and a focus on enhancing patient care are likely to sustain growth in this sector.

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Conclusion

The urology devices market is set to play a crucial role in the healthcare industry, meeting the rising demand for effective and minimally invasive solutions for urological conditions. From robotic surgery systems to AI-powered diagnostics, innovation is at the heart of this growth, helping to improve outcomes for patients with conditions affecting the urinary tract and reproductive organs. As advancements continue, the urology devices market will likely offer more accessible, affordable, and efficient solutions, shaping the future of urological care on a global scale.

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Medical Laser Market Forecast 2024-2031 Growth Drivers, Regional Outlook

The global medical laser market has been witnessing significant growth in recent years, driven by technological advancements, increasing prevalence of chronic diseases, and rising demand for minimally invasive surgical procedures. According to recent reports, the market size was valued at USD 5.0 billion in 2022 and is projected to reach USD 17.08 billion by 2030, with a compound annual growth rate (CAGR) of 16.6% during the forecast period of 2023-2030. This substantial growth underscores the growing importance of medical lasers in healthcare applications worldwide.

Key Drivers Propelling Growth

Several key factors are fueling the growth of the medical laser market:

Technological Advancements: Rapid advancements in laser technology have led to the development of more efficient and precise medical lasers. Innovations such as fiber optics, diode lasers, and solid-state lasers have expanded the capabilities of medical lasers, enabling a wide range of medical procedures with improved outcomes.

Rising Demand for Minimally Invasive Procedures: There is a growing preference for minimally invasive surgical procedures among patients and healthcare providers due to their benefits, including reduced trauma, faster recovery times, and shorter hospital stays. Medical lasers play a crucial role in various minimally invasive treatments, such as laser ablation, laser lithotripsy, and laser skin resurfacing, driving their adoption in healthcare facilities worldwide.

Increasing Prevalence of Chronic Diseases: The prevalence of chronic diseases such as cancer, cardiovascular diseases, and ophthalmic disorders is on the rise globally. Medical lasers are extensively used in the diagnosis, treatment, and management of these conditions, driving the demand for advanced laser-based medical devices.

Growing Aging Population: The aging population is more susceptible to age-related conditions and diseases, driving the demand for advanced medical interventions. Medical lasers offer precise and effective treatment options for age-related conditions such as cataracts, age-related macular degeneration (AMD), and skin aging, contributing to market growth.

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Challenges and Considerations

Despite the promising growth prospects, the medical laser market faces certain challenges and considerations:

High Cost of Medical Laser Systems: The initial cost of acquiring medical laser systems can be prohibitive for some healthcare facilities, especially in emerging economies. Additionally, the maintenance and operating costs of medical lasers can also be substantial, limiting their adoption in certain healthcare settings.

Stringent Regulatory Requirements: The medical laser industry is subject to stringent regulatory requirements imposed by regulatory authorities such as the FDA (Food and Drug Administration) in the United States and the European Medicines Agency (EMA) in Europe. Compliance with these regulations adds complexity and time to the development and commercialization of medical laser devices.

Limited Reimbursement Policies: Reimbursement policies for laser-based medical procedures vary across different regions, impacting the adoption of medical lasers in healthcare settings. Limited reimbursement coverage for certain laser procedures may hinder market growth, especially in regions with underdeveloped healthcare infrastructure.

Key Takeaways from the Market

Growing Adoption of Laser-Based Aesthetic Procedures: The aesthetic segment is witnessing significant growth due to the increasing demand for laser-based skin rejuvenation, hair removal, and body contouring procedures. Advancements in laser technology have made these procedures safer, more effective, and minimally invasive, driving their popularity among consumers.

Expansion of Applications in Ophthalmology: Ophthalmology remains a key application area for medical lasers, with growing adoption in procedures such as LASIK (Laser-Assisted In Situ Keratomileusis) surgery, cataract surgery, and retinal photocoagulation. The development of innovative laser systems with improved precision and safety profiles is expanding the scope of laser-based ophthalmic treatments.

Increasing Focus on Emerging Markets: The medical laser market is witnessing significant expansion in emerging markets, driven by increasing healthcare expenditure, growing awareness about advanced medical treatments, and improving healthcare infrastructure. Companies are increasingly focusing on expanding their presence in regions such as Asia-Pacific, Latin America, and the Middle East to capitalize on untapped market opportunities.

In conclusion, the medical laser market is poised for remarkable growth in the coming years, driven by technological advancements, rising demand for minimally invasive procedures, and increasing prevalence of chronic diseases. However, challenges such as high costs and regulatory requirements need to be addressed to unlock the full potential of this dynamic market. As innovation continues to drive the development of advanced laser technologies, the medical laser market is expected to witness sustained growth and expansion, offering significant opportunities for industry players and healthcare stakeholders alike.

[priyanshisingh]

Ultrasound Devices Market Share and Demand Analysis with Size, Growth Drivers and Forecast to 2030

The latest market report published by Credence Research, Inc. “Global Ultrasound Devices Market: Growth, Future Prospects, and Competitive Analysis, 2022 – 2030. Ultrasound devices aid in diagnosing various diseases such as cardiology, obstetrics, gynecology, gastroenterology, and others. Ultrasound is exploring relatively novel applications across several clinical specialties and points of care, from image-guiding interventions to biopsies and non-invasive diagnosis.

Ultrasound Devices Market Dynamics refer to the ever-evolving landscape and trends within the ultrasound industry. As medical technology continues to advance, ultrasound devices have become increasingly sophisticated and versatile, catering to a wide range of diagnostic imaging needs. One key driving force behind the dynamics of this market is the growing demand for non-invasive and radiation-free imaging techniques. Ultrasound devices offer an ideal solution as they provide real-time visualization of internal body structures without any harmful side effects. Additionally, technological advancements in ultrasound transducers, such as 3D/4D imaging capabilities and portable handheld devices, have expanded their applications beyond traditional hospital settings. These innovations have empowered healthcare professionals with greater mobility and flexibility while ensuring high-quality patient care even in remote or resource-limited areas.

Ultrasound Devices Market has seen remarkable growth in recent years, driven by the increasing demand for non-invasive diagnostic imaging across various medical specialties. Ultrasound devices, also known as sonography machines, use high-frequency sound waves to create real-time images of the internal structures of the body. They are widely used for applications ranging from obstetrics and gynecology to cardiology, gastroenterology, and musculoskeletal imaging. Key factors fueling the growth of this market include technological advancements that have led to more compact and portable devices, enhanced image quality, and increased accessibility. Additionally, ultrasound's safety, lack of ionizing radiation, and cost-effectiveness make it a preferred imaging modality.

With the rising prevalence of chronic diseases and the growing aging population, the demand for ultrasound devices for both diagnosis and guidance during minimally invasive procedures is expected to continue expanding. Moreover, the market's evolution toward 3D/4D imaging, point-of-care ultrasound, and the integration of artificial intelligence for image analysis promises to further revolutionize diagnostic capabilities and drive continued growth in the ultrasound devices market.

Browse 245 pages report Ultrasound Devices Market By Product Type (Cart/Trolley Based Ultrasound Devices, Compact Ultrasound Devices), By Technology (2-D Ultrasound Imaging, 3-D And 4-D Ultrasound Imaging, Doppler Ultrasound Imaging, High Intensity Focused Ultrasound (HIFU), Lithotripsy Ultrasound Imaging), By Application (Cardiology, Radiology, Obstetrics And Gynecology, Gastroenterology) – Growth, Share, Opportunities & Competitive Analysis, 2015 – 2022 https://www.credenceresearch.com/report/ultrasound-devices-market

List of the prominent players in the Ultrasound Devices Market:

GE Healthcare

FUJIFILM Holdings Corporation

Hitachi Medical Corporation

Samsung Medison Co. Ltd.

Koninklijke Philips N.V.

Toshiba Medical Systems Corporation

Mindray Medical Corporation

Esaote SpA, and

Analogic Corporation

The Ultrasound Devices Market is experiencing several top trends that are shaping the industry:

Point-of-Care Ultrasound (POCUS): POCUS is one of the most prominent trends in ultrasound devices. This approach allows healthcare providers to perform ultrasound examinations at the patient's bedside, in real-time, for rapid diagnosis and treatment decisions in emergency departments, critical care, and various medical specialties.

AI and Machine Learning Integration: Artificial intelligence and machine learning are being integrated into ultrasound devices to automate image analysis, enhance diagnostic accuracy, and improve workflow efficiency. AI-driven tools are assisting in image interpretation and measurements, leading to faster and more precise diagnoses.

Portable and Handheld Devices: There is a growing demand for compact and handheld ultrasound devices that offer portability and ease of use. These devices are ideal for point-of-care settings and remote healthcare delivery.

Advanced Imaging Modalities: 3D and 4D (real-time 3D) ultrasound imaging are gaining traction, providing detailed and dynamic visualizations of anatomical structures. These modalities are particularly valuable in obstetrics, cardiology, and musculoskeletal imaging.

Wireless Connectivity: Ultrasound devices are becoming more connected, allowing for seamless data transfer and integration with electronic health records (EHRs) and telemedicine platforms. This enables remote consultations, image sharing, and collaborative diagnostics.

Personalized Medicine: Ultrasound is playing a role in personalized medicine by tailoring treatment plans and interventions based on individual patient needs and responses. This approach is particularly evident in the field of interventional ultrasound.

Women's Health Focus: In women's health, ultrasound devices are evolving to provide better imaging for prenatal care, gynecology, and breast health. Advances in transvaginal and transabdominal ultrasound are enhancing diagnostic capabilities.

Musculoskeletal Imaging Growth: Musculoskeletal ultrasound is experiencing growth, offering a radiation-free and non-invasive way to assess soft tissue and joint conditions. It is widely used in orthopedics and rheumatology.

Cardiac Ultrasound Advancements: Echocardiography, or cardiac ultrasound, continues to advance with improvements in image quality and diagnostic capabilities. It plays a vital role in assessing heart function and diagnosing cardiovascular diseases.

Global Expansion: Emerging markets in Asia, Latin America, and Africa are witnessing increased adoption of ultrasound devices due to expanding healthcare infrastructure, rising healthcare awareness, and the need for cost-effective diagnostic solutions.

Why to Buy This Report-

The report provides a qualitative as well as quantitative analysis of the global Ultrasound Devices Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.

The report includes information on the competitive landscape, such as how the market's top competitors operate at the global, regional, and country levels.

Major nations in each region with their import/export statistics

The global Ultrasound Devices Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major player analysis, market growth strategies, and key application areas.

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[techninja]

Balancing Efficacy and Patient Experience in the Ureteral Stents Market

Introduction

The global ureteral stents market has witnessed substantial growth over the years, driven by increasing cases of urinary tract disorders and advancements in medical technology. Ureteral stents, small tubular devices placed in the ureter to ensure unobstructed urine flow from the kidneys to the bladder, have become indispensable in the field of urology. This article delves into the dynamics of the ureteral stents market, including current trends, challenges, and future growth prospects.

Market Overview

Ureteral stents are widely used in urology to manage various conditions such as kidney stones, ureteral strictures, and urinary obstruction. These devices help maintain ureteral patency, relieve pain, and prevent complications arising from urinary blockages. The global ureteral stents market has been expanding due to the rising prevalence of kidney stones, an aging population, and increased awareness about urological disorders.

Market Trends

1. Technological Advancements: Recent years have seen remarkable advancements in ureteral stent design and materials. Innovations like biodegradable stents, drug-eluting stents, and self-expanding stents are gaining traction. These technologies aim to improve patient comfort and reduce the need for frequent stent changes.

2. Minimally Invasive Procedures: A shift towards minimally invasive procedures, such as ureteroscopy and laser lithotripsy, has driven the demand for ureteral stents. These procedures reduce patient recovery times and discomfort, making stent placement a more attractive option.

3. Rising Urological Disorders: The prevalence of urological disorders, particularly kidney stones, has been on the rise globally. This has created a growing need for ureteral stents, as they are often used in the management of such conditions.

Market Challenges

1. Complications and Discomfort: While ureteral stents are essential, they are not without drawbacks. Patients often report discomfort, pain, and urinary symptoms while the stent is in place. Reducing these side effects is a challenge for the manufacturers.

2. Infection and Encrustation: Ureteral stents can become a breeding ground for infections and mineral deposits. Manufacturers are working on developing materials and coatings to mitigate these issues.

3. Cost Constraints: Ureteral stent placement can be expensive, and cost considerations may limit access to this treatment option in some regions.

Future Growth Prospects

The ureteral stents market is expected to continue its growth trajectory in the coming years. Several factors will contribute to this:

1. Aging Population: As the global population ages, the incidence of urological disorders is likely to increase, which will fuel the demand for ureteral stents.

2. Technological Advancements: Ongoing research and development in the field of urology will likely lead to more patient-friendly stent designs and materials, reducing patient discomfort.

3. Increasing Healthcare Expenditure: As healthcare expenditure continues to rise, more individuals will have access to advanced urological treatments, including ureteral stent placement.

4. Emerging Markets: Developing countries are witnessing a growing awareness of urological health and an increase in healthcare infrastructure. This will expand the ureteral stents market in these regions.

Conclusion

The ureteral stents market is poised for significant growth, driven by factors like an aging population, technological innovations, and the rising prevalence of urological disorders. While there are challenges associated with patient discomfort and complications, ongoing research and development efforts aim to address these issues. With the promise of improved patient outcomes and a more extensive market reach, the ureteral stents market will continue to be a crucial part of urological care.

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Anti-Obesity Drug Market

Angioplasty Balloons Market

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PTA Balloon Catheter Market

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Global Extracorporeal Shock Wave Lithotripsy Market Is Estimated To Witness High Growth Owing To Rising Prevalence of Kidney Stones

The global Extracorporeal Shock Wave Lithotripsy market is estimated to be valued at USD 321.24 million in 2022 and is expected to exhibit a CAGR of 6.32% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. A) Market Overview: Extracorporeal Shock Wave Lithotripsy (ESWL) is a non-invasive procedure used to treat kidney stones. It uses shock waves to break down the stones into smaller fragments, which can then be easily passed out of the body through urine. This procedure provides several advantages over traditional surgical methods, such as minimal invasiveness, reduced risk of complications, shorter recovery time, and lower healthcare costs. The growing prevalence of kidney stones, especially among the aging population, is driving the demand for ESWL devices worldwide. B) Market Key Trends: One key trend in the Extracorporeal Shock Wave Lithotripsy (ESWL) Market is the increasing adoption of advanced lithotripsy devices. The introduction of technologically advanced devices, such as electromagnetic and electrohydraulic lithotripters, has enhanced the efficiency and effectiveness of the treatment. These devices offer precise targeting and monitoring capabilities, reducing the risk of damage to surrounding tissues and improving stone fragmentation. For instance, Boston Scientific Corporation's LithoVue™ Single-Use Digital Flexible Ureteroscope provides high-definition visualization during lithotripsy procedures, enabling better stone targeting and accurate treatment. C) PEST Analysis: Political: Governments worldwide are focusing on improving healthcare infrastructure and increasing access to advanced medical treatments. This supportive political environment is driving the growth of the Extracorporeal Shock Wave Lithotripsy market. Economic: Rising healthcare expenditure and increasing disposable income in emerging economies are fueling the market growth. Social: The growing prevalence of kidney stones, attributed to factors such as unhealthy dietary habits and sedentary lifestyles, is creating a significant demand for Extracorporeal Shock Wave Lithotripsy procedures. Technological: Advancements in lithotripsy devices, including improved imaging technologies and better targeting capabilities, are revolutionizing the market and improving patient outcomes. D) Key Takeaways: - The global Extracorporeal Shock Wave Lithotripsy market is expected to witness high growth, exhibiting a CAGR of 6.32% over the forecast period, due to the increasing prevalence of kidney stones. - North America is the fastest-growing and dominating region in the Extracorporeal Shock Wave Lithotripsy market, owing to the high incidence of kidney stone cases and well-established healthcare infrastructure. - Key players operating in the global Extracorporeal Shock Wave Lithotripsy market include Boston Scientific Corporation, C.R. Bard Inc., Lumenis LTD, GE Healthcare, and Siemens AG. These companies focus on strategic collaborations, product innovations, and geographical expansions to strengthen their market presence and gain a competitive edge. In conclusion, the global Extracorporeal Shock Wave Lithotripsy market is witnessing significant growth due to the rising prevalence of kidney stones. The adoption of advanced lithotripsy devices and supportive political and economic environments are contributing to market expansion. North America remains the leading region in terms of market share, while key players continue to invest in product development and strategic partnerships.

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Lithotripsy Devices Market – Industry Trends and Forecast to 2029

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Urology Devices Market worth $48.6 billion by 2028

Urology Devices Market in terms of revenue was estimated to be worth $34.1 billion in 2023 and is poised to reach $48.6 billion by 2028, growing at a CAGR of 7.3% from 2023 to 2028 according to a new report by MarketsandMarkets. The high prevalence of urological diseases significantly impacts the increased demand for urological devices. Cancer patients who need surgical interventions with latest technologies like minimally invasive surgery and robotic surgeries. This will lead to an increased need for urological devices. Thus, the escalating demand for urological disease diagnosis and treatment, has led to a pressing need for technologically advanced devices, which is thereby expected to support the growth of the urological devices market.

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Browse in-depth TOC on "Urology Devices Market"

159 - Tables

44 - Figures

274 – Pages

In 2022, the instruments segment held the largest share of the urology devices market by product segment.

The urology devices market is segmented into instruments and consumables & accessories based on products. The instruments segment accounted for the largest share of the urology devices market in 2022. This segment covers the most commonly used products, such as dialysis devices, endoscopes, laser & lithotripsy devices, endovision & imaging systems, robotic systems, insufflators, endoscopy fluid management systems, urodynamic systems and other instruments. These products are commonly used in hospitals, dialysis centers and home care settings. As technologies continue to evolve, the efficiency and accuracy of these products contribute significantly to the urological procedures.

The kidney diseases segment held the largest share of the urology devices market by application segment in 2022.

The global urology devices market is differentiated into kidney diseases, urological cancer, pelvic organ prolapse, benign prostatic hyperplasia, urinary incontinence, erectile dysfunction, urinary stones and other applications. In 2022, the kidney diseases segment dominated the urology devices market. The urology devices market in kidney diseases is expected to grow at a high rate owing to the rising incidence of kidney diseases and chronic diseases. With a burgeoning global population, the need for urology devices has significantly increased due to the increased number of procedures required. Hospitals and dialysis centers are at the forefront of this surge, as they cater to routine medical care and handle emergencies.

The hospitals, ASCA & clinics segment held the largest share of the urology devices market by end-user segment in 2022.

The global urology devices market is differentiated into hospitals, ASCS & clinics, dialysis centers and home care settings. In 2022, the hospitals, ASCS & clinics segment dominated the urology devices market. The urology devices market in hospitals is expected to grow at a high rate owing to the increasing number of surgical procedures related to urology care. The expanding network of healthcare institutions directly translates to a substantial market share, reflecting the pivotal role hospitals play in safeguarding patient well-being.

North America is the largest regional market for urology devices market.

The market for urology devices has been divided into five key geographical regions: North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In 2022, North America held the predominant portion of the urology devices market. This can be attributed to the region's advanced healthcare facilities and substantial healthcare investments, which are pivotal in fueling the requirement for urology devices. Moreover, the projected rise in urological procedures is anticipated to contribute to the expansion of the market. As the demand for urological procedures rises, so does the need for precise urological devices to ensure successful and safe procedures.

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Urology Devices Market Dynamics:

Drivers:

Rising incidence of urological diseases

Growing preference for minimally invasive procedures

Rising focus on R&D and product launches

Growing number of hospitals and surgical centers

Restraints:

High degree of consolidation among key players

Opportunities:

Growing Potential growth opportunities in emerging economies

Technological advancements

Challenge:

Increasing number of product recalls by key players

Shortage of skilled urologists

Key Market Players of Urology Devices Industry:

The major players operating in urology devices market are Fresenius Medical Care AG & Co. KGaA (Germany), Baxter International, Inc. (US), Boston Scientific Corporation (US), Becton, Dickinson and Company (US), B. Braun Melsungen AG (Germany), Cardinal Health (US), Olympus Corporation (Japan), Intuitive Surgical (US), Coloplast A/S (Denmark), Stryker Corporation (US), Teleflex Incorporated (US), Convatec Group PLC (UK), Medtronic PLC (Ireland), Karl Storz (Germany), Cook Medical (US), Richard Wolf GmbH (Germany), CompactCath (US), Dornier MedTech (Germany), Nikkiso Co., Ltd. (Japan), Dialife SA (Switzerland), Erbe Vision (Germany), Well Lead Medical Co., Ltd. (China), ROCAMED (Germany), EndoMed Systems GmbH (Germany), Amniso International, Inc. (US), Medispec (US), Medical Technologies of Georgia (US), Vimex Sp. z o.o. (Poland), Balton Sp. z o.o. (Poland), Hunter Urology (UK), Ribbel International Ltd. (India).

Recent Developments of Urology Devices Industry

In August 2023, Fresenius Medical Care AG & Co. KGaA (Germany), announced FDA Clearance for the product Versi HD with GuideMe Software.

In December 2022, Boston Scientific Corporation (US) and Acotec Scientific Holdings Limited (China) announced today that Boston Scientific will make a partial offer to acquire a majority stake, up to a maximum of 65%, of shares of Acotec, a Chinese medical technology company that offers solutions designed for a variety of interventional procedures.

In May 2022, B. Braun SE (Germany) entered into a distribution agreement, and B. Braun surgery division Aesculap has strengthened its long-term partnership with True Digital Surgery, a Californian company that is an expert in robotically controlled 3D digital visualization.

In April 2022, Baxter International, Inc. (US) Announces U.S. FDA Clearance of ST Set used for renal replacement therapy (CRRT)

In April 2021, Becton, Dickinson and Company (US) announced an investment of USD 65 million for the construction of a state-of-the-art medical facility in Tucson, Arizona (US), which will serve as a final stage manufacturing and sterilization center to improve overall efficiency, customer service, and supply chain in the US.

Urology Devices Market - Key Benefits of Buying the Report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall urology devices market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities and challenges.

The report provides insights on the following pointers:

Analysis of key drivers (Rising incidence of urological diseases, growing preference for minimally invasive procedures, rising focus on R&D and product launches, growing number of hospitals and surgical centers), restraints (high degree of consolidation among key players), opportunities (potential growth opportunities in emerging economies, technological advancements) and challenges (increasing number of product recalls by key players, shortage of skilled urologists) influencing the growth of the urology devices market.

Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the urology devices market.

Market Development: Comprehensive information about lucrative markets – the report analyses the urology devices market across varied regions.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the urology devices market

Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Fresenius Medical Care AG & Co. KGaA (Germany), Baxter International, Inc. (US), Boston Scientific Corporation (US), Becton, Dickinson and Company (US), B. Braun Melsungen AG (Germany), among others in the urology devices market strategies.

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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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[market-insider]

Increasing Adoption Of Ultrasound Devices For Diagnosis And Treatment Driving The Market

The global ultrasound device market size is expected to reach USD 14.5 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.5% from 2022 to 2030. Ultrasound is a very efficient technology that aids in the diagnosis of various disorders such as tumors as well as the detection of changes in the appearance of organs, tissues, and arteries. It also has a range of therapeutic applications. An increase in the adoption of ultrasound devices for diagnosis and treatment is driving the market. In addition, a rise in the adoption of minimally invasive surgeries, coupled with technological advancements is expected to boost the market growth.

Emerging innovations in ultrasound technology are expanding the market size. Hand-held ultrasound devices have made the technology more accessible for use in limited-resource communities around the world. Furthermore, the introduction of 3D/4D ultrasound and the integration of artificial intelligence (Al) to automate time-consuming processes are expected to propel the market growth during the forecast period. For instance, in September 2020, GE Healthcare launched Voluson SWIFT, a new ultrasound technology, which is designed to help women’s health by allowing clinicians to enhance patient outcomes by expanding diagnostic capabilities. The system includes industry-first AI algorithms for auto-recognition and has excellent image quality.

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The rising prevalence of chronic diseases like cancer, neurological conditions, orthopedic conditions, and cardiovascular diseases, significantly increases the demand for the adoption of ultrasound devices for diagnosis, thus expanding the market during the forecast period. In addition, the market for therapeutic ultrasound equipment is predicted to grow due to the rising use of ultrasound techniques for various therapeutic procedures using High-Intensity Focused Ultrasound (HIFU) technology and Extracorporeal Shockwave Lithotripsy (ESWL). The market's prominent competitors are taking different initiatives such as funding and acquisitions of medium and small-sized businesses in order to expand their product portfolio and enhance their manufacturing capacity. For instance, in September 2021, GE Healthcare acquired BK Medical, a leader in advanced surgical visualization.

[desaletushki]

Ultrasound Device Market | Business Outlook: Size Worth $14.5 Billion By 2030

The global ultrasound device market size is expected to reach USD 14.5 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.5% from 2022 to 2030. Ultrasound is a very efficient technology that aids in the diagnosis of various disorders such as tumors as well as the detection of changes in the appearance of organs, tissues, and arteries. It also has a range of therapeutic applications. An increase in the adoption of ultrasound devices for diagnosis and treatment is driving the market. In addition, a rise in the adoption of minimally invasive surgeries, coupled with technological advancements is expected to boost the market growth.

Emerging innovations in ultrasound technology are expanding the market size. Hand-held ultrasound devices have made the technology more accessible for use in limited-resource communities around the world. Furthermore, the introduction of 3D/4D ultrasound and the integration of artificial intelligence (Al) to automate time-consuming processes are expected to propel the market growth during the forecast period. For instance, in September 2020, GE Healthcare launched Voluson SWIFT, a new ultrasound technology, which is designed to help women’s health by allowing clinicians to enhance patient outcomes by expanding diagnostic capabilities. The system includes industry-first AI algorithms for auto-recognition and has excellent image quality.

For More Info:  Ultrasound Device Market

The rising prevalence of chronic diseases like cancer, neurological conditions, orthopedic conditions, and cardiovascular diseases, significantly increases the demand for the adoption of ultrasound devices for diagnosis, thus expanding the market during the forecast period. In addition, the market for therapeutic ultrasound equipment is predicted to grow due to the rising use of ultrasound techniques for various therapeutic procedures using High-Intensity Focused Ultrasound (HIFU) technology and Extracorporeal Shockwave Lithotripsy (ESWL). The market's prominent competitors are taking different initiatives such as funding and acquisitions of medium and small-sized businesses in order to expand their product portfolio and enhance their manufacturing capacity. For instance, in September 2021, GE Healthcare acquired BK Medical, a leader in advanced surgical visualization.

Ultrasound Device Market Share Insights

The major players are working to improve their product offerings by upgrading their products, taking advantage of important cooperation activities, and exploring acquisitions and government clearances in order to expand their customer base and gain a larger share of the overall market. For instance, in March 2021, GE Healthcare introduced Vscan Air, a wireless pocket-sized ultrasound that gives crystal clear image quality, whole-body scanning capability, and intuitive software, all in the palm of clinicians’ hands. Some of the prominent players in the global ultrasound device market include: Koninklijke Philips N.V., GE Healthcare, Siemens Healthineers AG, Canon Medical Systems, Mindray Medical International Limited, Samsung Medison Co., Ltd., FUJIFILM SonoSite, Inc., Konica Minolta Inc., Esaote

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[bloggerthrive]

What is the regional breakdown of the Lithotripsy Devices market?

The Lithotripsy Devices Market is divided into seven key regions based on geography: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and the Middle East and Africa. In terms of lithotripsy device demand, the European region is estimated to have the largest regional lithotripsy device market in the world, while the Asia-Pacific market is expected to have the fastest growing lithotripsy device market share during the forecast period. The rapid growth of demand for lithotripsy devices in Asia-Pacific is likely to be supported by a high adoption potential for advanced technologies, resulting in skyrocketing sales of lithotripsy devices.

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https://knackersblogger.blogspot.com/2022/07/lithotripsy-devices-market-global.html

[pranalipawarshinde]

Medical Grade Gels Market Latest Innovations, Future Scope, Trends and Forecast 2019-2027

Medical Grade Gels Market Introduction

  Different types of medical grade gels such as ECG gels, ultrasound gels, catheter gels, and surgical lubricants are available in the market. Water-soluble gels have no adverse reactions in patients. Gels also contain antiseptic properties because of chlorhexidine gluconate. 

  ECG gel is a coupling agent between the electrodes and the skin and is used with electrocardiography equipment that helps improve quality of signal transmitted to the recording device. The gel aids in transmission of electro activity signals.

  Ultrasound gel is a conductive medium between the patient’s skin and the transducer. The gel is applied to the patient’s skin to carry out ultrasound examination for diagnosing disease condition or for gynecological purposes.

  Surgical lubricants are medical gels used by healthcare professionals to provide lubrication and to reduce pain or discomfort for the patients during surgical procedures such as vaginal or rectal examinations. Lubricating gels have high viscosity and excellent adherence to medical devices.

  Catheter gels help prevent trauma, which may occur during the catheterization between the urethral mucosa and the catheter, by a lubricating effect.

 Report Overview:https://www.transparencymarketresearch.com/medical-grade-gels-market.html

 Key Drivers and Restraints of Global Medical Grade Gels Market

Rise in number of ultrasound imaging procedures drives the global medical grade gels market. Medical gels are routinely used in clinical practice during diagnostic procedures. Moreover, increase in the number of baby boomers has led to rise in the number of ultrasound procedures, which in turn augments demand for ultrasound gels globally. According to the World Health Organization, around 211 million pregnancies occur each year.

   Prominent companies are focusing on offering sterile medical gels, which is expected to help healthcare providers to ensure patient safety and ensure a significant sterile environment during diagnostic and therapeutic interventions performed in hospitals. Manufacturers are collaborating with health care professionals to market their products.

  Manufacturers of medical grade gels are actively participating in trade fairs and international conferences to promote their products and develop potential R&D collaborations and distribution partnerships. This is expected to drive the market during the forecast period. 

  However, contamination of medical grade gels from improper handling could cause serious infections such as bacteremia, which is likely to restrain the global medical grade gels market

North America to Lead Global Medical Grade Gels Market

Based on region, the global medical grade gels market can be classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the leading region of the global medical grade gels market, owing to rise in prevalence of uterine cancer in the geriatric population in the region. 

  Adoption of high-intensity focused ultrasound and extracorporeal shockwave lithotripsy to treat tumors is anticipated to increase demand for medical grade ultrasound gels. Further, ultrasound gels are used during ultrasound diagnosis of ovarian cancer. On average, 11.5 in every 100,000 people in the U.S. develop ovarian cancer each year.

  High awareness about ultrasound-based diagnosis, favorable medical reimbursement policies, and well-established health care facilities are the major factors fueling the growth of the medical grade gels market in Europe.

  Rise in the number of ultrasound procedures to detect abnormalities in the fetus during pregnancy is anticipated to propel the market in Asia Pacific during the forecast period. Availability of trained and well-qualified technicians and rise in adoption of sterile medical gels for ultrasound and ECG procedures are expected to fuel the growth of the market in Asia Pacific from 2019 to 2027.

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 Key Manufacturers in Global Market

The global medical grade gels market was highly consolidated in 2018. Key manufacturers operating in the global market are:

Parker Laboratories, Inc.

HR Pharmaceuticals

Ultragel Hungary 2000 Kft.

Eco-Med Pharmaceutical, Inc.

Tentan AG (Schaer Pharma Services)

Trivitron Healthcare

Benetechmed

Global Medical Grade Gels Market: Research Scope

 Global Medical Grade Gels Market, by Product

Ultrasound Gels

ECG Gels

Catheter Gels & Surgical Lubricants

Others

Global Medical Grade Gels Market, by Type

Sterile

Non-sterile

Global Medical Grade Gels Market, by End-user

Hospitals

Clinics

Diagnostic Laboratories

Others

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[healthcare-market]

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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