The value of global nephrostomy devices market was USD 1.25 billion in 2022, driven by the increasing prevalence of urological disorders and the growing aging population across the globe. The market size is anticipated to grow at a CAGR of 8.5% during the forecast period of 2023-2031 to achieve a value of USD 2.61 billion by 2031.
Technological advancements in nephrostomy procedures and devices have led to improved accuracy, safety, and patient comfort. Minimally invasive techniques, image-guided procedures, and advanced catheter materials have revolutionized the field of nephrostomy, making it a preferred choice for patients and healthcare providers. The rising preference for minimally invasive procedures is driving the demand for nephrostomy devices that support these techniques.
The increasing healthcare expenditure in both developed and developing countries is also contributing to market growth. The availability of advanced medical technologies and increased access to healthcare services are driving the adoption of nephrostomy procedures and devices. Moreover, the growing aging population, particularly in developed countries, is fuelling the demand for nephrostomy devices as elderly individuals are more susceptible to urological disorders.
Nephrostomy Devices: Introduction
Nephrostomy is a medical procedure that involves the placement of a tube called a nephrostomy tube into the kidney to drain urine and relieve urinary tract obstructions. Nephrostomy devices are specifically designed tools and accessories used in the nephrostomy procedure to ensure proper placement and functioning of the nephrostomy tube. These devices play a crucial role in maintaining renal function and providing relief to patients with urinary tract obstructions.Key Trends in the Nephrostomy Devices Market
Some key trends involved in the nephrostomy devices market are as follows:- Technological Advancements: The nephrostomy devices market is witnessing continuous technological advancements. Innovations such as the development of minimally invasive procedures, image-guided techniques, and improved catheter materials have improved the accuracy and effectiveness of nephrostomy procedures. These advancements aim to enhance patient comfort, reduce complications, and improve overall treatment outcomes
- Increasing Prevalence of Urological Disorders: Urological disorders such as kidney stones, urinary tract obstructions, and cancer are on the rise globally. As a result, there is a growing demand for nephrostomy procedures and devices. The increasing prevalence of these disorders is a significant driver for the nephrostomy devices market, as it necessitates the use of these devices for effective management and treatment
- Growing Aging Population: The aging population is more prone to urological disorders and kidney-related issues, leading to an increased demand for nephrostomy procedures. The rising geriatric population, especially in developed countries, is a key demographic factor driving the demand for nephrostomy devices. As the elderly population continues to grow, the need for nephrostomy procedures and devices is expected to rise correspondingly
- Rising Preference for Minimally Invasive Procedures: Minimally invasive procedures are gaining popularity in the field of urology and nephrology due to their benefits such as reduced trauma, faster recovery, and shorter hospital stays. Nephrostomy procedures, including percutaneous nephrostomy, are less invasive compared to traditional open surgeries, and this trend is driving the adoption of nephrostomy devices that support minimally invasive techniques
Nephrostomy Devices Market Segmentations
Market Breakup by Product Type
- Guidewires
- Drainage Tubes
- Nephrostomy Catheters
- Sheath Dilators
- Others
Market Breakup by End User
- Hospitals
- Emergency Clinics
- Ambulatory Surgical Centers
- Others
Market Breakup by Region
North America
- United States of America
- Canada
Europe
- United Kingdom
- Germany
- France
- Italy
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Nephrostomy Devices Market Scenario
The global nephrostomy devices market is witnessing significant growth due to the increasing prevalence of urological disorders and the growing aging population. Nephrostomy devices play a crucial role in the management and treatment of urinary tract obstructions, kidney stones, and other kidney-related issues. These devices ensure proper placement and functioning of nephrostomy tubes, allowing for effective drainage of urine and relief of obstructions.Technological advancements in nephrostomy procedures and devices have led to improved accuracy, safety, and patient comfort. Minimally invasive techniques, image-guided procedures, and advanced catheter materials have revolutionized the field of nephrostomy, making it a preferred choice for patients and healthcare providers. The rising preference for minimally invasive procedures is driving the demand for nephrostomy devices that support these techniques.
The increasing healthcare expenditure in both developed and developing countries is also contributing to market growth. The availability of advanced medical technologies and increased access to healthcare services are driving the adoption of nephrostomy procedures and devices. Moreover, the growing aging population, particularly in developed countries, is fuelling the demand for nephrostomy devices as elderly individuals are more susceptible to urological disorders.
Nephrostomy Devices Market: Competitor Landscape
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:- Boston Scientific Corporation
- Teleflex Incorporated
- Cook Medical Incorporated
- B. Braun Melsungen AG
- Sungen AG
- Argon Medical
- Cardinal Health
- Straub Medical AG
- Olympus Corporation
- Coloplast
Table of Contents
1 Preface
3 Global Nephrostomy Devices Market Overview
4 Global Nephrostomy Devices Market Landscape
5 Global Nephrostomy Devices Market Dynamics
6 Global Nephrostomy Devices Market Segmentation
7 North America Nephrostomy Devices Market
8 Europe Nephrostomy Devices Market
9 Asia Pacific Nephrostomy Devices Market
10 Latin America Nephrostomy Devices Market
11 Middle East and Africa Nephrostomy Devices Market
12 Patent Analysis
13 Grants Analysis
14 Funding and Investment Analysis
15 Partnership and Collaborations Analysis
16 Regulatory Framework
17 Supplier Landscape
18 Global Nephrostomy Devices Market - Distribution Model (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
21 Payment Methods (Additional Insight)
Companies Mentioned
- Boston Scientific Corporation
- Teleflex Incorporated
- Cook Medical Incorporated
- B. Braun Melsungen AG
- Sungen AG
- Argon Medical
- Cardinal Health
- Straub Medical AG
- Olympus Corporation
- Coloplast
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 147 |
Published | May 2023 |
Forecast Period | 2023 - 2031 |
Estimated Market Value ( USD | $ 1.36 Billion |
Forecasted Market Value ( USD | $ 2.61 Billion |
Compound Annual Growth Rate | 8.5% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |