Nephrostomy Devices Market Size, Share & Trends Report

Nephrostomy Devices Market Size, Share & Trends Analysis Report By Product (Guidewires, Nephrostomy Catheters), By End Use (ASCs, Hospitals), By Region, And Segment Forecasts, 2019 - 2026

  • Published Date: Jun, 2019
  • Base Year for Estimate: 2018
  • Report ID: GVR-3-68038-116-0
  • Format: Electronic (PDF)
  • Historical Data: 2015 - 2017
  • Number of Pages: 125

Industry Insights

The global nephrostomy devices market size was valued at USD 940.26 million in 2018 and is anticipated to expand at a CAGR of 7.8% from 2019 to 2026. Increasing cases of kidney stone disorder, rise in demand for minimally invasive surgical procedures, and increased awareness about the product are a few factors driving the market. According to a study published in National Center for Biotechnology Information (NCBI), urolithiasis affects around 12% of the world population.

In addition, around 13% of men and 7% of women develop kidney stone in their lifetime. Nephrostomy devices help restore the urine flow through the blocked ureters and return the kidney to the normal function.

U.S. nephrostomy devices market

Increasing popularity of minimally invasive procedures is also driving the market. Moreover, growing cases of lifestyle-related disorders are likely to contribute to the market development. Improving healthcare infrastructure in the emerging economies is also influencing the global market.

Nephrostomy catheters are extensively used for drainage of a blocked urine collecting system. This blockage causes hydronephrosis, which is operated with the help of nephrostomy catheters. Hence, rise in the number of hydronephrosis is expected to impel the demand for catheters, thereby fueling the nephrostomy devices market growth.

Increasing cases of bladder, ovarian, and prostate cancers are also estimated to have a positive impact on the product demand over the forecast years. Furthermore, growing incidences of post-operative infections in patients with kidney transplant is another key driver.

Product Insights

Guidewires segment is expected to hold maximum share of the market in the forecast period owing to less invasive nature of the product. Growing elderly population, and prevalence of urinary and bladder disorders are expected to increase the demand for the product, thereby influencing the growth of the segment.

The manufacturers of guidewire are focusing on collaborations with the healthcare practitioners to increase their customer base and strengthen their presence in the industry. Hence, such initiatives by the manufacturers and presence of well-established and skilled practitioners in the developed economies is expected to increase the demand for guidewires. Technological advancements in nephrostomy devices, such as introduction of balloon dilation catheter with original multilayer technology, are anticipated to offer lucrative opportunities to the market.

End Use Insights

Ambulatory surgical centers (ASCs) are likely to witness the fastest CAGR from 2019 to 2026 as they offer more personalized services. Furthermore, better outcome of results as compared to hospitals and other healthcare settings is also driving the segment.

Infection risks during surgery in ASCs are half than that of the hospitals, which also helps boost the segment growth. In addition, ASCs ensure that patient receives personalized service with the improved patient experience, since they do not have the challenge of treating different types of illnesses and disorders.

Global nephrostomy devices market

However, hospital segment accounts for the major market share due to availability of skilled physicians in hospitals and rise in spending power of consumers. Also, improving healthcare infrastructure in the developing economies and growing adoption of innovative products by physicians on are expected to drive the segment.

Regional Insights

North America accounted for the largest share in the past. It is expected to witness substantial growth in future as well due to favorable reimbursement policies, increasing awareness about the product, availability of highly skilled physicians, and presence of well-established healthcare facilities in the region. Moreover, quick adoption of technologically advanced medical products is expected to drive the market in the region. Increasing funding by government for R&D activities in surgical devices and procedures is also positively affecting the regional market growth.

Asia Pacific is expected to grow at the highest CAGR from 2019 to 2026 due to increasing cases of kidney disorders, positive government initiatives, and various programs by NGOs to raise awareness about the product. Moreover, presence of a large number of key companies in China and India is contributing to the market growth. Rapidly expanding medical tourism market in the emerging economies of Asia Pacific is further expected to boost the product demand, thereby augmenting market growth.

Nephrostomy Devices Market Share Insights

Major companies in the market are Boston Scientific Corp.; Teleflex, Inc.; Cardinal Health; Becton, Dickinson and Company; Cook Medical; B. Braun Melsungen AG; Coloplast Group; Olympus Corp.; Argon Medical; and Uresil LLC. These companies focus more on new product development, technological advancements, and M&A to strengthen their foothold in the global market. For instance, in February 2017, Cook Medical launched Universa along with the two sets of percutaneous urinary drainage. The brand includes foley catheters and ureteral stents in different configuration and sizes to meet the specific references and needs of physicians and patients.

Report Scope

Attribute

Details

Base year for estimation

2018

Actual estimates/Historical data

2015 - 2017

Forecast period

2019 - 2026

Market representation

Revenue in USD Million and CAGR from 2019 to 2026

Regional scope

North America, Europe, Asia Pacific, Latin America, and MEA

Country scope

U.S., Canada, Germany, U.K., France, Italy, Spain, China, Japan, India, Australia, South Korea, Brazil, Mexico, Argentine, Colombia, South Africa, Saudi Arabia, and UAE

Report coverage

Revenue, competitive landscape, growth factors, and trends

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Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2026. For the purpose of this study, Grand View Research has segmented the global nephrostomy devices market report on the basis of product, end use, and region:

  • Product Outlook (Revenue, 2015 - 2026 (USD Million))

    • Guidewires

    • Drainage Tubes

    • Nephrostomy Catheters

    • Sheath Dilators

    • Others

  • End Use Outlook (Revenue, 2015 - 2026 (USD Million))

    • Hospitals

    • Emergency Clinics

    • Ambulatory Surgical Centers (ASCs)

  • Regional Outlook (Revenue, 2015 - 2026 (USD Million))

    • North America

      • U.S.

      • Canada

    • Europe

      • Germany

      • U.K.

      • France

      • Italy

      • Spain

    • Asia Pacific

      • China

      • Japan

      • India

      • Australia

      • South Korea

    • Latin America

      • Brazil

      • Mexico

      • Argentina

      • Colombia

    • Middle East & Africa

      • South Africa

      • Saudi Arabia

      • UAE

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