June 17, 2024

Kidney Stone Management Market Size to Cross USD 4.65 Bn by 2033

The global kidney stone management market size surpassed USD 2.73 billion in 2023 and is anticipated to reach around USD 4.65 billion by 2033, growing at a CAGR of 5.47% from 2024 to 2033. 

Kidney Stone Management Market Size 2024 to 2033

Key Points

  • North America dominated the kidney stone management market globally in the previous year of 2023, and it is poised to hold its position during the forecast period.
  • Asia Pacific is an expanding market and is projected to hold a significant market share in 2023.
  • Based on stone type, the calcium oxalate segment held the largest share in the market in 2023.
  • Based on diagnostics, the ultrasound segment held a significant share of the market in 2023.
  • Based on treatment, the extracorporeal shock wave lithotripsy- ESWL segment held the largest share in 2023 and dominated the kidney stone management market globally
  • Based on end use, the hospitals segment held the largest market share and dominated the market.
  • Based on end use, the specialty clinics segment is expected to experience the highest growth rate over the forecast period.

The kidney stone management market revolves around the diagnosis, treatment, and prevention of kidney stones, which are solid deposits of minerals and salts that form inside the kidneys. Kidney stones can cause severe pain and discomfort, and their management involves various medical interventions and procedures aimed at alleviating symptoms, preventing recurrence, and promoting overall kidney health. The market encompasses a wide range of products and services, including diagnostic imaging modalities, pharmaceuticals, medical devices, and surgical procedures.

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Growth Factors

Several factors contribute to the growth of the kidney stone management market. Firstly, the increasing prevalence of kidney stones globally is a significant driver. Lifestyle changes such as sedentary lifestyles, poor dietary habits, and inadequate hydration have led to a rise in the incidence of kidney stones across all age groups. Additionally, the growing awareness among the population about the importance of early detection and treatment of kidney stones has spurred demand for effective management solutions. Technological advancements in diagnostic imaging techniques, such as ultrasound and CT scans, have also improved the accuracy and efficiency of diagnosing kidney stones, driving market growth.

Region Insights:

The kidney stone management market exhibits regional variations influenced by factors such as healthcare infrastructure, prevalence rates, and economic conditions. In developed regions like North America and Europe, high healthcare expenditure, advanced medical facilities, and widespread adoption of minimally invasive procedures contribute to the significant market share. In contrast, emerging economies in Asia Pacific and Latin America are witnessing rapid market growth due to improving healthcare infrastructure, rising disposable incomes, and increasing awareness about kidney stone management among the population.

Kidney Stone Management Market Scope

Report CoverageDetails
Growth Rate from 2024 to 2033CAGR of 5.47%
Global Market Size in 2023USD 2.73 Billion
Global Market Size by 2033USD 4.65 Billion
Largest MarketNorth America
Base Year2023
Forecast Period2024 to 2033
Segments CoveredBy Type of Stone, By Diagnostics Method, By Treatment, and By End-use
Regions CoveredNorth America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Kidney Stone Management Market Dynamics

Drivers:

Several drivers propel the kidney stone management market forward. The increasing incidence of kidney stones, particularly among the aging population, drives demand for effective treatment options. Lifestyle factors such as unhealthy diets, sedentary lifestyles, and obesity contribute to the rising prevalence of kidney stones globally. Moreover, advancements in medical technology, such as minimally invasive surgical techniques and the development of targeted pharmaceuticals, have expanded treatment options and improved patient outcomes. Additionally, growing awareness campaigns and educational initiatives about kidney stone prevention and management further stimulate market growth.

Opportunities:

The kidney stone management market presents numerous opportunities for innovation and growth. Research and development efforts aimed at developing novel pharmaceuticals and medical devices for the treatment and prevention of kidney stones hold promise for market expansion. Furthermore, expanding into untapped markets in developing regions offers significant growth opportunities for market players. Collaborations and partnerships between healthcare organizations, research institutions, and pharmaceutical companies can facilitate the development of comprehensive kidney stone management strategies and solutions.

Challenges:

Despite the promising growth prospects, the kidney stone management market faces several challenges. Access to healthcare services and treatment options remains limited in many regions, particularly in low-income countries, hindering market growth. Additionally, the high cost of advanced medical treatments and procedures poses a barrier to access for many patients, leading to disparities in healthcare outcomes. Furthermore, regulatory hurdles and reimbursement issues in certain markets can impede the adoption of new technologies and therapies. Addressing these challenges requires concerted efforts from healthcare stakeholders to ensure equitable access to kidney stone management solutions globally.

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Recent Developments

  • In June 2022, Olympus, a technology leader in designing and delivering innovative solutions for medical and surgical procedures, announced the launch of the SoltiveTM SuperPulsed Laser System.
  • In June 2022, Dornier MedTech and Endoluxe signed a multi-year exclusive distribution contract. Dornier and Endoluxe provide products and systems targeted toward the urology market, offering innovation and value.

Kidney Stone Management Market Companies

  • Cook Medical Inc. (US)
  • Boston Scientific Corporation (U.S.)
  • Olympus Corp. (Japan)
  • C.R. Bard Inc. (U.S.)
  • Storz Medical AG (Switzerland)
  • Richard Wolf GmbH (Germany)
  • Lumenis (Israel)
  • EDAP TMS (France)
  • DirexGroup (Germany)
  • Elmed Electronics & Medical Industry & Trade Inc. (Turkey)
  • Medi spec Ltd. (U.S.)
  • Convergent Laser Technologies (U.S.)
  • E.M.S. Electro Medical Systems S.A. (Switzerland)
  • Dornier MedTech GmbH (Germany)
  • Stryker Corp. (U.S.)
  • Olympus Corp. (Japan)

Segments Covered in the Report

By Type of Stone

  • Calcium oxalate
  • Calcium phosphate
  • Uric acid
  • Cysteine
  • struvite

By Diagnostics Method

  • Abdominal X-Ray
  • Computed Tomography
  • Ultrasound
  • Abdominal MRI
  • Intravenous Pyelography
  • Others

By Treatment

  • Extracorporeal Shock Wave Lithotripsy ESWL
  • Ureteroscopy
  • Percutaneous Nephrolithotomy PCNL
  • Others

By End-use

  • Hospitals
  • Specialty Clinics
  • Ambulatory Surgical Centres
  • Other

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

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