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Kidney Stone Management Market Trends Analyzing Industry Developments 2023-2030

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Kidney Stone Management Market
Trends: Analyzing Industry Developments
2023-2030
The kidney stone management market, valued at USD 1,692.4 million in 2021, is expected to
grow at a CAGR of 6.8% over the forecast period. The market's growth is fueled by the
increasing prevalence of kidney stones and advancements in procedures and technologies.
According to the National Kidney Foundation, 1 in 10 people will experience a kidney stone
in their lifetime, with the incidence of kidney stone development rising in industrialized and
developing countries. Factors such as changes in dietary patterns, sedentary lifestyles, and
global warming contribute to the increased prevalence. The National Library of Medicine
estimates that 1 in 11 Americans will have kidney stones, and 600,000 Americans develop
urinary stones annually. Additionally, 12% of Indians are projected to experience urinary
stones, with 50% of them at risk of kidney function loss.
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Rising Prevalence and Private Sector Investment Fuel Market Growth
The increasing prevalence of kidney stone disease and rising private sector investment in
research and development of kidney stone retrieval tools are significant drivers of the market.
Technological advancements and the demand for minimally invasive and noninvasive
procedures have also contributed to market growth. Modern kidney stone removal procedures
and tools offer practicality, reduced pain, and affordability compared to traditional surgeries.
For example, Cook Medical's "1.7 French NCompass Nitinol Stone Extractor" is the smallestdiameter stone removal basket currently available, providing improved access and irrigation
during the stone removal process.
Imaging Technologies Enhance Kidney Stone Therapy
The application of imaging technologies in kidney stone therapy has significantly impacted
the market. Dornier MedTech introduced OptiVision technology for the Dornier Delta III,
which is specifically designed to enhance the outcomes of stone therapy. OptiVision enables
urologists to visualize stones more precisely during extracorporeal shock wave lithotripsy
(ESWL) treatments, improving the overall effectiveness of the procedure.
COVID-19 Impact on the Kidney Stone Management Market
The kidney stone management industry experienced a negative impact from the COVID-19
pandemic, resulting in reduced income. The lockdown measures led to a decrease in the
diagnosis of kidney stone diseases as many hospitals and nursing homes temporarily
suspended operations. This was done to prevent the spread of infections and conserve
medical resources for COVID-19 patient care. Challenges such as poor supply chain
management, limited availability of raw materials, slow medical device production, and a
slowing economy further hindered the market, as reported by Johns Hopkins University
Carey Business School in 2020.
Prevalence of Kidney Stone Disease Drives Market Growth
The increasing prevalence of kidney stone diseases globally is a key factor driving market
growth. With limited effective medications available for treatment, urolithiasis is estimated to
affect 12% of the world's population. Countries with high living standards, including the
United States, Canada, and Sweden, have reported a prevalence rate higher than 10%,
according to the European Association of Urology and the National Kidney Foundation. Risk
factors such as obesity, diabetes, and high blood pressure contribute to the formation of
kidney stones.
Less Invasive Techniques Fuel Market Expansion
Surgeons have rapidly adopted minimally invasive surgical (MIS) procedures for various
purposes. The increasing use of minimally invasive techniques in general surgery, which offer
reduced side effects compared to open surgical procedures, is driving the demand for
sophisticated kidney stone management procedures. In the United States market, three
minimally invasive procedures, including extracorporeal shock wave lithotripsy,
ureteroscopic lithotripsy, and percutaneous nephrolithotomy, have been widely embraced.
These procedures, which were traditionally performed as open surgeries, are now carried out
using minimally invasive techniques, leading to a shift in market dynamics and the demand
for kidney stone management devices.
Side Effects of Shock Wave Lithotripsy Limit Market Growth
Despite the increasing prevalence of stone diseases, the side effects of shock wave lithotripsy
pose limitations to its use in therapy. Side effects such as bleeding around the kidneys,
blocked urine from broken stones, infections, and increased arterial blood pressure impede
market growth. According to the American Journal of Kidney Diseases, shock wave
lithotripsy can lead to an increase in arterial blood pressure, a decline in renal function, and
stone recurrence, which are factors restraining market expansion.
Kidney Stone Management Market Segmentation
Ibuprofen Dominates Market with Easy Availability
For the management of kidney stone-related discomfort, over-the-counter pain relievers such
as ibuprofen (Advil, Motrin IB), acetaminophen (Tylenol), or naproxen (Aleve) are
commonly used. Ibuprofen, known for its potent antipyretic and analgesic properties, is
widely utilized to treat mild fever, dental pain, gastrointestinal pain, and other conditions in
infants, children, and adults. Its affordable availability in various forms, including pills,
capsules, powder, and syrups, contributes to its dominance in the market.
Online Pharmacies Gain Popularity
With the increasing number of tech-savvy consumers, improved digitalization of healthcare
services, and rising internet penetration, online pharmacies have gained significant
popularity. Consumers prioritize convenience and prefer the ease of online shopping. The use
of digital technologies and e-commerce in healthcare has facilitated the growth of
ePharmacies. In January 2022, venture capitalist Mark Cuban introduced a digital pharmacy
that offers more than 100 generic medications at discounted prices. Easier access provided by
ePharmacies benefits chronic elderly patients and individuals who cannot leave their homes.
Regional Landscape: North America Leads, Asia Pacific Shows Rapid Growth
North America is expected to dominate the kidney stone management market throughout the
forecast period. The region benefits from significant market players, a high prevalence of
urolithiasis, and a developed healthcare infrastructure. Supportive government measures and
increased research collaborations are also contributing factors. The United States, with its
pro-healthcare legislation, large patient population, and advanced healthcare market, holds
the largest market share in North America. Over 500,000 Americans seek emergency room
treatment for kidney stones each year, driving the demand for kidney stone retrieval devices.
The Asia Pacific region is projected to experience the fastest growth rate of 5.6% during the
forecast period. Factors such as the rising incidence of kidney stones, rapid healthcare
infrastructure development, increasing government support, and the emergence of startups
contribute to this growth. In September 2021, Boston Scientific Corporation acquired
Lumenis Ltd., a company specializing in energy-based medical solutions. This acquisition
enables Boston Scientific to leverage various medical solutions, including MOSES
technology, and expand its presence in the Asia Pacific region.
Competitive Landscape: Key Players in the Kidney Stone Management Market
Prominent companies in the kidney stone management market include Karl Storz GmbH &
Co. Ltd., Dornier MedTech, DirexGroup, Lumenis Ltd., EDAP TMS, Siemens Healthineers,
Elmed Medical System, Cook Medical, Olympus Corporation, and Boston Scientific
Corporation. These companies engage in strategic initiatives such as acquisitions, product
launches, and collaborations to strengthen their market position.
In June 2022, Olympus launched the SoltiveTM SuperPulsed Laser System, a thulium fiber
laser application designed for stone lithotripsy and soft tissue applications. In June 2020,
Boston Scientific Corporation announced a binding agreement to acquire a majority
investment in M.I Tech Co., Ltd., a Korean manufacturer and distributor of endoscopic and
urologic medical devices.
Conclusion
The kidney stone management market is poised for substantial growth, driven by the
increasing prevalence of kidney stones and advancements in procedures and technologies.
Despite the challenges posed by the COVID-19 pandemic and the side effects of certain
treatments, the market offers promising opportunities. Key regions such as North America
and the Asia Pacific hold significant market shares, with North America leading the way. The
market is highly competitive, with key players continuously innovating and expanding their
product portfolios to meet the evolving needs of patients.
FAQs (Frequently Asked Questions)
1. What is the projected growth rate of the kidney stone management market? The
market is projected to grow at a CAGR of 6.8% during the forecast period.
2. What are the factors driving the market growth? Factors driving the market include the
increasing prevalence of kidney stones, private sector investment in research and
development, technological advancements, and the demand for minimally invasive
procedures.
3. How has COVID-19 impacted the kidney stone management market? The market
experienced a decline in income due to the COVID-19 pandemic. Lockdown measures
resulted in a reduced diagnosis of kidney stone diseases, and challenges in the supply chain
and medical device production hindered market growth.
4. Which region dominates the kidney stone management market? North America holds
the largest market share due to significant market players, a high prevalence of urolithiasis,
and a developed healthcare infrastructure.
5. What are the key trends in the market? Some key trends in the market include the
increasing use of imaging technologies in kidney stone therapy, the dominance of ibuprofen
for managing kidney stone-related discomfort, and the popularity of online pharmacies.
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