Medical Devices & Consumables / Nephostromy Devices Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Boston Scientific Corporation, Teleflex Incorporated, Cardinal Health, Becton, Dickinson And Company
Nephostromy Devices Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Boston Scientific Corporation, Teleflex Incorporated, Cardinal Health, Becton, Dickinson and Company
The global Nephostromy Devices market size is expected to grow USD 2.1 billion by 2027, at a CAGR of 8.2% over the forecast period.
Nephostromy Devices Market Overview
Nephrostomy is the term used to describe the gap between the skin and kidney. The type of devices that are primarily utilized to divert urine from blocked sites are nephrostomy devices or nephrostomy catheters. When antibiotics are unable to treat a condition effectively, they are quite helpful. Some of the most popular nephrostomy devices include drainage tubes, sheath dilators, guidewires, nephrostomy catheters, and others. The market for nephrostomy devices is being driven by a variety of important variables, including the population's expanding kidney stone problem, an increase in demand for minimally invasive procedures, an increase in hydronephrosis cases, a rise in consumer product awareness, and an increase in the number of disorders linked to lifestyle choices. Additionally, the market for nephrostomy devices will experience growth from 2021 to 2028 due to an increase in geriatric population, demand from emerging regions, and research & development initiatives in the healthcare sector.
However, an increase in the availability of replacement procedures such as ureteral stenting, as well as a shortage of competent and educated urologists, are among the significant factors that would obstruct market expansion and will further challenge the growth of the nephrostomy devices market over the projection period. The growing popularity of minimally invasive procedures is also propelling the industry. Additionally, the market is projected to develop as incidences of diseases linked to a particular lifestyle are on the rise. The global market is being impacted by emerging economies' efforts to improve their healthcare infrastructure.
Industry News and Updates
Feb. 23, 2022:Teleflex Receives FDA Clearance for Expanded Indication for Specialty Catheter and Coronary Guidewire Use in CTO PCI Procedures --
Teleflex Incorporated (NYSE: TFX), a leading global provider of medical technologies, today announced that the U.S. Food and Drug Administration (FDA) has cleared an expanded indication for its specialty catheters and coronary guidewires for use in crossing chronic total occlusion percutaneous coronary interventions (CTO PCI).
What are the major Applications, Types and Regions for Nephostromy Devices Market?
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
Drainage Tubes
Dilators Sheaths
Guidewires
Nephrostomy Catheters
Others
By Application, it is segmented into
Hospital
Clinic
Others
Nephostromy Devices Market Regional Analysis
North America is likely to hold a significant market share in the worldwide nephrostomy devices market due to an increase in cases of kidney stone problem, an increase in demand for minimally invasive surgical treatments, and the availability of competent surgeons in this area. A study that was published in the Clinical Journal of the American Society of Nephrology estimates that 1 in 11 Americans will develop a urinary stone at some point in their lives. Additionally, the prevalence of urinary stone disease (USD) is rising in children each year (4%–6%), especially in adolescents. Additionally, the rapid adoption of cutting-edge medical instruments, a surge in percutaneous nephrostomy treatments, and the presence of a strong healthcare infrastructure are all contributing significantly to the growth of the regional market as a whole.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Nephostromy Devices Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Nephostromy Devices Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Nephostromy Devices Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 8.2% over the forecast period (2022-2027)
By Type
Drainage Tubes
Dilators Sheaths
Guidewires
Nephrostomy Catheters
Others
By Application
Hospital
Clinic
Others
By Companies
Boston Scientific Corporation, Teleflex Incorporated, Cardinal Health, Becton, Dickinson and Company, B. Braun Melsungen AG, Cook Medical Incorporated, Coloplast Group, Argon Medical, Angiodynamics Inc, Envaste Limited, Uresil LLC, Olympus Corp, Smith & Nephew
Regions Covered
North America
Europe
Asia-Pacific
Rest of the World
Countries Covered
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
Latin America
Base Year
2022
Historical Year
2017 to 2021
Forecast Year
2022 to 2027
Number of Pages
108
Customization Available
Yes, the report can be customized as per your needs
Key Takeaways from this Nephostromy Devices Market Report
Evaluate Nephostromy Devices market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Nephostromy Devices market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
What is the growth rate of Nephostromy Devices Market?
The Nephostromy Devices Market is growing at a CAGR of 8.2% over the next 5 years.
Who are the key players in Nephostromy Devices Market?
Boston Scientific Corporation, Teleflex Incorporated, Cardinal Health, Becton, Dickinson and Company, B. Braun Melsungen AG, Cook Medical Incorporated, Coloplast Group, Argon Medical, Angiodynamics Inc, Envaste Limited, Uresil LLC, Olympus Corp, Smith & Nephew
What are the significant types of Nephostromy Devices Market?
What are the major end-use applications of Nephostromy Devices Market?
Hospital, Clinic, Others
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.