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Kidney Stone Retrieval Device Market Key Players, Size, Industry Share, Global Analysis Forecast till 2026

Kidney Stone Retrieval Device Market 2020 Fortune Business Insights report provides information regarding market size, share, trends, growth, cost structure, capacity, and revenue and forecast 2026

Kidney Stone Retrieval Device MarketThe increasing number of kidney stone removal surgeries around the world is driving the global kidney stone retrieval device market, says Fortune Business Insights in a report, titled “Kidney Stone Retrieval Device Market Size, Share and Global Trend By Type of Product (Stone Removal Baskets, Lithotripters, Ureteroscopes, Urinary Stents, Others), By Treatment (Intracorporeal Ureteroscopy, Extracorporeal Shock Wave Lithotripsy, Percutaneous Nephrolithotripsy), By End User (Hospitals & Clinics, Specialty Clinics, Ambulatory Surgery Centres) and Geography Forecast till 2026.” The rising demand for non-invasive interventions is expected to contribute significantly to the global market.

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Product Launches by Key Players Will Favor Growth

The rising demand for minimally invasive interventions is leading to the availability of various types of kidney stone retrieval devices. This factor is driving the global market growth. Product launches by leading players is also predicted to support the growth of the global market. For instance, Boston Scientific announced the launch of their product offering of LithoVue Empower kidney stone retrieval device. Likewise, Boston Scientific announced the launch of the Dakota nitinol kidney stone retrieval device, for kidney stones ranging from 1mm to 10mm.

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Some of the Main Key Players Covered in Report:

  • Boston Scientific Corporation
  • R. Bard Inc. (Becton Dickinson and Company)
  • Cook Medical
  • Olympus
  • Richard Wolf GmbH
  • Dornier MedTech

Favorable Reimbursement Policies Will Boost Growth in North America

Geographically, the global market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America followed by Europe is expected to dominate the global market during the forecast period owing to increasing adoption of non-invasive surgical techniques and favourable reimbursement policies.

The rising prevalence of kidney stones is also expected to aid growth of the global kidney stone retrieval device market. Kidney stone retrieval device market in Asia Pacific is expected to grow at a remarkable rate during the forecast period owing to the increasing prevalence of kidney stones and growing need for safe and minimally invasive surgical methods.

Increasing healthcare infrastructure, increasing demand for technologically advanced medical devices and rising disposable incomes is expected to boost the kidney stone retrieval device market growth in the forthcoming year. market in Latin America and Middle East & Africa is likely to grow significantly owing to the increasing prevalence of kidney stones in the regions.

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Dale Martinez

Dale possesses an engineering degree in Electronics from the Georgia Institute of Technology. She is the sole contributor at the Healthcare IT column. Before opting to write, Dale worked at major firms such as Microsoft, Amazon, GE, Raytheon, and so on. She possesses vast knowledge about a variety of fields like IT, IoT, Telecommunications, Health Dialysis, photovoltaic, and many others. Dale is also a ballet dancer.

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