MRRSE announces addition of new report "Urolithiasis Management Devices Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024" to its database
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Urolithiasis management devices market driven by rising incidence of kidney stones
1. Urolithiasis Management Devices Market Driven by Rising
Incidence of Kidney Stones
Report Description
Urolithiasis refers to the process of stone formation in the
kidney, bladder, or urinary tract. It has been estimated that
about 1 in 20 people across the world suffer from kidney
2. stones at some phase of their life. Also, geriatrics are more
prone to different cases of urolithiasis. Concurrently, the
demand for the devices that help manage these conditions
has been steadily rising across the globe. According to a
report by Transparency Market Research, the global market
for urolithiasis was valued at US$1.26 bn in 2016 and, rising
at a healthy CAGR of 4.5% during the forecast period of
2016 to 2024, the valuation is expected to reach US$1.78 bn
by 2024.
Request a Sample Copy of the Report @
http://www.mrrse.com/sample/2122
Technologically Advanced Devices Augmenting Growth
3. Investors prefer R&D activities that deal with diseases that
are life-threatening, widespread, and require diagnostics and
management for long durations. The prevalence of urolithiasis
has prompted global investors to help develop new and
advanced devices that are affordable and perform quality
urolithiasis management. The introduction of several non-
invasive treatment methods has not only reduced the duration
of the treatment but is also yielding effective results.
Moreover, factors such as obesity, changing lifestyles, and
rising population of people aged over 60 who frequently
suffer from kidney problems are further augmenting the
demand for urolithiasis management devices. As per the
4. United Nations’ department of economic and social affairs,
the number of geriatric will rise to 1.4 billion by 2030.
Risk of Damage to Urinary Tract Restraining Expansion
The TMR report observes that certain urolithiasis management
procedures, such as lithotripsy, involve shockwaves that are
sent through the body to remove kidney stones. These types
of treatments can damage the soft tissues in the body and
may lead to a permanent loss of renal functions. This factor
is the primary challenge on the global market for urolithiasis
management devices market. Another restraint on the growth
rate is the high cost of certain latest technologies.
5. Inquiry on this report @ http://www.mrrse.com/enquiry/2122
Vast Population in Asia Pacific Offering Lucrative
Opportunities
Geographically, North America is currently the dominant
market for urolithiasis management. According to the TMR
report, 36.0% of the demand was served by the region in
2015, which was a result of robust healthcare infrastructure
in countries such as the U.S. and Canada. However, countries
such as India and China, which contribute to nearly one
third of the global population, will ensure that Asia Pacific
will extend the demand for urolithiasis management devices
6. in the next few years. Several emerging economies in this
region are actively investing in improving their healthcare
infrastructure, which will further fuel the demand.
Browse the full Press Release of Global Urolithiasis
Management Devices Market
at :http://www.mrrse.com/global-urolithiasis-management-
devices-market
Few Players Dominating Global Market via Financial Might
The report identifies Boston Scientific Corporation, C. R.
Bard, Inc., and Cook Group as leaders in the global market
for urolithiasis management devices. These players dominate
7. with their substantial budget for the R&D of new
technologies and frequently introduce innovative products.
With their strong geographical presence, robust distribution
networks, and financial power to acquire niche device
developers, the strong hold of these players is expected to
continue in the near future.
About MRRSE
MRRSE stands for Market Research Reports Search Engine,
the largest online catalog of latest market research reports
based on industries, companies, and countries. MRRSE
sources thousands of industry reports, market statistics, and
company profiles from trusted entities and makes them
8. available at a click. Besides well-known private publishers,
the reports featured on MRRSE typically come from national
statistics agencies, investment agencies, leading media houses,
trade unions, governments, and embassies.
Contact US:
Corporate Office
State Tower
90 State Street, Suite 700
Albany, NY 12207
United States