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Thursday, September 21, 2023

Global nephrology and urology market is anticipated to grow at a CAGR of 6.6% during 2024 to 2030

The future of the global nephrology and urology market looks promising with opportunities in the military, construction, industrial, sport, and forestry applications. The global laser rangefinder market is expected to reach an estimated $4.7 billion by 2030 with a CAGR of 11.8% from 2024 to 2030. The major drivers for this market are significant use of this device in sport events, rising demand for laser guided weapons, and increasing use of high-precise technology in industrial operations.

Some of the Key Questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the nephrology and urology market by product (ureteral catheters, PCN catheters, urinary stents, stone basket, urology guidewires, renal dilators, and others), application (urolithiasis, urological cancer & BPH, bladder disorders, kidney diseases, and others), end use industry (hospitals, clinics, ambulatory surgical centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3.  Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6.  What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, ureteral catheter, percutaneous nephrostomy catheter, urinary stent, stone basket, urology guidewire, and renal dilator are the major segments of nephrology and urology market by product. Lucintel forecast that percutaneous nephrostomy catheter is expected to witness highest growth over the forecast period due to its significant use in treating problems from kidney transplants, decompressing the nephric or perinephric fluid collection, and nondilated obstructive therapies.Within this market, hospital will remain the largest segment due to increasing admission of renal disease patients, easy availability of advanced treatment devices, and growing numbers of patients obtaining dialysis in medical facilities.

North America is expected to witness highest growth over the forecast period due to growing number of kidney affected patients, presence of skilled physicians, and availability of well-established health care facilities in the region.

Medtronic, Coloplast, Boston Scientific, ConvaTec, B. Braun, Hollister, Teleflex, Baxter, Fresenius Medical Care, and Asahi Kasei are the major suppliers in the nephrology and urology market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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