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Market Analysis and Insights:- Global Nephrostomy Devices Market
Global Nephrostomy Devices Market By Product (Guidewires, Drainage Tubes, Nephrostomy Catheters, Sheath Dilators, Others), End- User (Hospitals, Emergency Clinics, Ambulatory Surgical Centers), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends & Forecast to 2026
Market Analysis: Global Nephrostomy Devices Market
Global nephrostomy devices market is set to witness a substantial CAGR of 7.95% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising cases of ovarian cancer and increasing kidney stones among population is the factor driving the market.
Market Definition: Global Nephrostomy Devices Market
Nephrostomy is the opening between the skin and the kidney. Nephrostomy devices or nephrostomy catheters are devices which are mainly used to divert urine from blocked site. They are widely useful when the antibiotics are not able to treat properly. Drainage tubes, sheath dilators, guidewires, nephrostomy catheters and other are some of the common nephrostomy devices. Increasing bladder cancer, prostate cancer and others is the factor fueling the growth of this market.
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Market Drivers
• Increasing cases of chronic disease such as diabetes, hypertension, stage renal failure and others is driving the market growth
• Rising kidney stone problem among population will also propel the market
• Growing demand for minimally invasive procedures is driving the growth of the market
• Increasing number of hydronephrosis will rise the demand for catheters which will also contribute as a factor driving market
Market Restraints
• Availability of substitute procedure such as ureteral stenting in the market will hamper the growth
• Lack of skilled and trained urologist will also restrain the market growth
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Segmentation: Global Nephrostomy Devices Market
By Product
o Guidewires
o Drainage Tubes
o Nephrostomy Catheters
o Sheath Dilators
o Others
By End- User
o Hospitals
o Emergency Clinics
o Ambulatory Surgical Centers
By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o Italy
o U.K.
o France
o Spain
o Netherlands
o Belgium
o Switzerland
o Turkey
o Russia
o Rest of Europe
• Asia-Pacific
o Japan
o China
o India
o South Korea
o Australia
o Singapore
o Malaysia
o Thailand
o Indonesia
o Philippines
• Rest of Asia-Pacific
• South America
o Brazil
o Rest of South America
• Middle East and Africa
o South Africa
o Rest of Middle East and Africa
Key Development in the Market:
• In December 2016, BrightWater Medical announced that they have received approval from FDA for their ConvertX nephroureteral stent system which is specially designed for the treatment of ureteral obstructions. It has the ability to replace different devices and procedures which can treat obstructions of the ureter. The main aim of the launch is to reduce the healthcare expenditure and provide better treatment to the patient.
Competitive Analysis:
Global nephrostomy devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of nephrostomy devices market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in the global nephrostomy devices market are Boston Scientific Corporation, Teleflex Incorporated, BD, Cook, Envaste Limited, Medi-Globe GmbH, ARGON MEDICAL., Copenhagen MedLab, UreSil, LLC, meditechdevices.com, SURGIMEDIK, Medi-Globe GmbH, SURU International Pvt. Ltd, Straub Medical AG, Olympus Corporation, Electramed Ltd., be medical, Coloplast, B. Braun Melsungen AG and others.
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Research Methodology: Global Nephrostomy Devices Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Reasons to Purchase this Report
• Current and future of global nephrostomy devices market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
• Regions/Countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
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Customization of the Report:
• All segmentation provided above in this report is represented at country level
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market
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Data Bridge Market Research
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