Increasing from US$ 450.5 Million in 2022 to US$ 902.2 Million by 2032, the global kidney stone extraction market is expected to display a CAGR of 6.5% from 2022 to 2032. The CAGR was valued at 6% from 2016 to 2021.
The growth of the market can be attributed to the increasing prevalence of kidney stones among the expanding geriatric population.
| Report Attributes | Details |
|---|---|
| Projected Market Value (2022) | US$ 450.5 Million |
| Anticipated Forecast Value (2032) | US$ 902.2 Million |
| Estimated Growth Rate (2022 to 2032) | 6.5% |
The growing prevalence of obesity, eating disorders, and high blood pressure among the growing population is projected to drive the market for kidney extraction balloon during the forecast period. As per the Centers for Disease Control and Prevention (CDC), from 1999 to 2000 through 2017 - March 2020, US obesity prevalence increased from 30.5% to 41.9%. During the same time, the prevalence of severe obesity increased from 4.7% to 9.2%.
Growing collaborations among players are anticipated to benefit the market in the coming time. For instance, United Medical Systems Inc., with its parent company, called, New State Capital Partners LLC, invested in American Stone Management LLC. United Medical Systems established the concept of shared mobile medical services, majorly for Urology. Such factors are expected to benefit the industry in the forecast period.
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The growing prevalence of kidney stone diseases is anticipated to be the key factor responsible for market growth during the forecast period. As per the European Association of Urology and National Kidney Foundation 2019, in countries with a high standard of life such as the USA, Canada, and Sweden, the disease is prevalent in more than 10% of the population.
Increasing adoption of minimally invasive stone removal procedures is another factor that is projected to boost market growth during the forecast period. As per Advances in Chronic Kidney Diseases, in the United States, minimally invasive treatments have been adopted primarily for lithotripsy, percutaneous nephrolithotomy, and ureteroscopy lithotripsy. Changing market dynamics are likely to augment the market size in the coming time.
The major limitation associated with balloon dilation is a more limited size of the papillary opening, which may control the size of the stone that can be extracted using the balloon or a basket catheter. Stones that measure more than 8 mm demand mechanical lithotripsy to allow transpupillary extraction.
Other factors affecting the market growth include the risk of developing urinary tract infection, and injury to the ureter during the procedure, among others. Also, a lack of expertise and a dearth of efficient healthcare infrastructure can limit and impede the expansion of the market during the forecast period.
However, ongoing Research and Development for new techniques and devices in stone disease are anticipated to offer significant opportunities to the market during the forecast period.
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According to the analysis, the global kidney stone extraction market is anticipated to be dominated by North America. In 2022, the region is expected to secure about 32% of the total global revenue.
The domination of the region can be attributed to the increasing prevalence of kidney stones. The market in the region is progressing owing to the presence of favorable reimbursement policies. Also, rising awareness among the patient population about novel methods for stone disease treatment is likely to augment the market size in the coming time.
As per the analysis, Europe is projected to be the second-largest kidney stone extraction balloon market during the forecast period. In 2022, Europe is likely to claim 28% of the total market revenue.
The growth of the region can be attributed to the increasing number of kidney stone cases in Europe. Further, higher acceptance of the technologically developed product, increasing healthcare expenses, and developments made by players in the region. In 2019, Dornier MedTech launched an OptiVision technology for its product Dornier Delta III. It is the first image post-processing software that was designed to enhance stone treatment outcomes.
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According to the analysis, Asia-Pacific is projected to be the most lucrative market during the forecast period. The growth of the market can be attributed to the presence of developing countries. Increasing awareness about medical devices and the presence of a large patient pool is projected to benefit the regional market.
According to National Center for Biotechnology Information, 12% of Indians are expected to have urinary stones and 50% of them are likely to end up with the loss of kidney functions. Expanding geriatric population affected with kidney stones in Asia-Pacific is anticipated to support the kidney stone extraction balloon market in the forthcoming period.
Players such as Klotho Therapeutics, Invizius, Chinook Therapeutics, Oxalo Therapeutics, Kantum Bio, Monogram Health, Strive Health, pulse data, and ProKidney, are some of the emerging entities in the global kidney stone extraction balloon market.
Players in the market are raising funds which will strengthen the market in the coming time. For instance, a healthcare startup, pulseData raised US$ 16.5 Million to help lower the costs to treat kidney diseases. Such factors are anticipated to boost the startup market growth in the coming time.
Key players in the global kidney stone extraction balloon market include C. R. Bard, Inc., Boston Scientific Corporation, Coloplast Ltd., iVascular SLU, Cook Medical, Inc., Med Pro Medical B.V., Teleflex Incorporated, NuAngle, and many others.
Recent Development:
| Report Attribute | Details |
|---|---|
| Growth Rate (2022 to 2032) | 6.5% |
| Market Value in 2022 | US$ 450.5 Million |
| Market Value in 2032 | US$ 902.2 Million |
| Base Year for Estimation | 2021 |
| Historical Data | 2016 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | USD Million for Value |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered |
|
| Regions Covered |
|
| Key Countries Profiled |
|
| Key Companies Profiled | C. R. Bard, Inc., Boston Scientific Corporation, Coloplast Ltd., iVascular SLU, Cook Medical, Inc., Med Pro Medical B.V., Teleflex Incorporated, NuAngle, and many others. |
| Customization Scope | Available upon Request |
The global kidney stone extraction balloon market is expected to secure US$ 902.2 Million by 2032.
The global kidney stone extraction balloon market is anticipated to record a CAGR of 6.5% during the forecast period.
C. R. Bard, Inc., Boston Scientific Corporation, Coloplast Ltd., and iVascular SLU are some of the known players in the global kidney stone balloon extraction market.
1. Executive Summary | Kidney Stone Extraction Balloon Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2016 to 2021 and Forecast, 2022 to 2032
4.1. Historical Market Size Value (US$ Million) Analysis, 2016 to 2021
4.2. Current and Future Market Size Value (US$ Million) Projections, 2022 to 2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute Opportunity Analysis
5. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Material Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Material Type, 2016 to 2021
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Material Type, 2022 to 2032
5.3.1. Nylon
5.3.2. Silicone
5.3.3. Other Materials
5.4. Y-o-Y Growth Trend Analysis By Material Type, 2016 to 2021
5.5. Absolute Opportunity Analysis By Material Type, 2022 to 2032
6. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Filler
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By Filler, 2016 to 2021
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Filler, 2022 to 2032
6.3.1. Liquid
6.3.2. Air
6.4. Y-o-Y Growth Trend Analysis By Filler, 2016 to 2021
6.5. Absolute Opportunity Analysis By Filler, 2022 to 2032
7. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By End User
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) Analysis By End User, 2016 to 2021
7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By End User, 2022 to 2032
7.3.1. Hospitals
7.3.2. Ambulatory Surgical Centers
7.3.3. Dialysis Clinics
7.4. Y-o-Y Growth Trend Analysis By End User, 2016 to 2021
7.5. Absolute Opportunity Analysis By End User, 2022 to 2032
8. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) Analysis By Region, 2016 to 2021
8.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2022 to 2032
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country
9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2016 to 2021
9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032
9.2.1. By Country
9.2.1.1. United States of America
9.2.1.2. Canada
9.2.2. By Material Type
9.2.3. By Filler
9.2.4. By End User
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Material Type
9.3.3. By Filler
9.3.4. By End User
9.4. Key Takeaways
10. Latin America Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2016 to 2021
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Material Type
10.2.3. By Filler
10.2.4. By End User
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Material Type
10.3.3. By Filler
10.3.4. By End User
10.4. Key Takeaways
11. Europe Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2016 to 2021
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. United Kingdom
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Europe
11.2.2. By Material Type
11.2.3. By Filler
11.2.4. By End User
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Material Type
11.3.3. By Filler
11.3.4. By End User
11.4. Key Takeaways
12. Asia Pacific Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2016 to 2021
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.1.4. India
12.2.1.5. Malaysia
12.2.1.6. Singapore
12.2.1.7. Australia
12.2.1.8. New Zealand
12.2.1.9. Rest of Asia-Pacific (APAC)
12.2.2. By Material Type
12.2.3. By Filler
12.2.4. By End User
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Material Type
12.3.3. By Filler
12.3.4. By End User
12.4. Key Takeaways
13. Middle East and Africa Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2016 to 2021
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032
13.2.1. By Country
13.2.1.1. GCC Countries
13.2.1.2. South Africa
13.2.1.3. Israel
13.2.1.4. Rest of Middle East and Africa
13.2.2. By Material Type
13.2.3. By Filler
13.2.4. By End User
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Material Type
13.3.3. By Filler
13.3.4. By End User
13.4. Key Takeaways
14. Key Countries Market Analysis
14.1. United States of America
14.1.1. Pricing Analysis
14.1.2. Market Share Analysis, 2021
14.1.2.1. By Material Type
14.1.2.2. By Filler
14.1.2.3. By End User
14.2. Canada
14.2.1. Pricing Analysis
14.2.2. Market Share Analysis, 2021
14.2.2.1. By Material Type
14.2.2.2. By Filler
14.2.2.3. By End User
14.3. Brazil
14.3.1. Pricing Analysis
14.3.2. Market Share Analysis, 2021
14.3.2.1. By Material Type
14.3.2.2. By Filler
14.3.2.3. By End User
14.4. Mexico
14.4.1. Pricing Analysis
14.4.2. Market Share Analysis, 2021
14.4.2.1. By Material Type
14.4.2.2. By Filler
14.4.2.3. By End User
14.5. Germany
14.5.1. Pricing Analysis
14.5.2. Market Share Analysis, 2021
14.5.2.1. By Material Type
14.5.2.2. By Filler
14.5.2.3. By End User
14.6. United Kingdom
14.6.1. Pricing Analysis
14.6.2. Market Share Analysis, 2021
14.6.2.1. By Material Type
14.6.2.2. By Filler
14.6.2.3. By End User
14.7. France
14.7.1. Pricing Analysis
14.7.2. Market Share Analysis, 2021
14.7.2.1. By Material Type
14.7.2.2. By Filler
14.7.2.3. By End User
14.8. Spain
14.8.1. Pricing Analysis
14.8.2. Market Share Analysis, 2021
14.8.2.1. By Material Type
14.8.2.2. By Filler
14.8.2.3. By End User
14.9. Italy
14.9.1. Pricing Analysis
14.9.2. Market Share Analysis, 2021
14.9.2.1. By Material Type
14.9.2.2. By Filler
14.9.2.3. By End User
14.10. China
14.10.1. Pricing Analysis
14.10.2. Market Share Analysis, 2021
14.10.2.1. By Material Type
14.10.2.2. By Filler
14.10.2.3. By End User
14.11. Japan
14.11.1. Pricing Analysis
14.11.2. Market Share Analysis, 2021
14.11.2.1. By Material Type
14.11.2.2. By Filler
14.11.2.3. By End User
14.12. South Korea
14.12.1. Pricing Analysis
14.12.2. Market Share Analysis, 2021
14.12.2.1. By Material Type
14.12.2.2. By Filler
14.12.2.3. By End User
14.13. Malaysia
14.13.1. Pricing Analysis
14.13.2. Market Share Analysis, 2021
14.13.2.1. By Material Type
14.13.2.2. By Filler
14.13.2.3. By End User
14.14. Singapore
14.14.1. Pricing Analysis
14.14.2. Market Share Analysis, 2021
14.14.2.1. By Material Type
14.14.2.2. By Filler
14.14.2.3. By End User
14.15. Australia
14.15.1. Pricing Analysis
14.15.2. Market Share Analysis, 2021
14.15.2.1. By Material Type
14.15.2.2. By Filler
14.15.2.3. By End User
14.16. New Zealand
14.16.1. Pricing Analysis
14.16.2. Market Share Analysis, 2021
14.16.2.1. By Material Type
14.16.2.2. By Filler
14.16.2.3. By End User
14.17. GCC Countries
14.17.1. Pricing Analysis
14.17.2. Market Share Analysis, 2021
14.17.2.1. By Material Type
14.17.2.2. By Filler
14.17.2.3. By End User
14.18. South Africa
14.18.1. Pricing Analysis
14.18.2. Market Share Analysis, 2021
14.18.2.1. By Material Type
14.18.2.2. By Filler
14.18.2.3. By End User
14.19. Israel
14.19.1. Pricing Analysis
14.19.2. Market Share Analysis, 2021
14.19.2.1. By Material Type
14.19.2.2. By Filler
14.19.2.3. By End User
15. Market Structure Analysis
15.1. Competition Dashboard
15.2. Competition Benchmarking
15.3. Market Share Analysis of Top Players
15.3.1. By Regional
15.3.2. By Material Type
15.3.3. By Filler
15.3.4. By End User
16. Competition Analysis
16.1. Competition Deep Dive
16.1.1. Boston Scientific Corporation
16.1.1.1. Overview
16.1.1.2. Product Portfolio
16.1.1.3. Profitability by Market Segments
16.1.1.4. Sales Footprint
16.1.1.5. Strategy Overview
16.1.1.5.1. Marketing Strategy
16.1.2. C. R. Bard, Inc.
16.1.2.1. Overview
16.1.2.2. Product Portfolio
16.1.2.3. Profitability by Market Segments
16.1.2.4. Sales Footprint
16.1.2.5. Strategy Overview
16.1.2.5.1. Marketing Strategy
16.1.3. Coloplast Ltd.
16.1.3.1. Overview
16.1.3.2. Product Portfolio
16.1.3.3. Profitability by Market Segments
16.1.3.4. Sales Footprint
16.1.3.5. Strategy Overview
16.1.3.5.1. Marketing Strategy
16.1.4. Cook Medical, Inc.
16.1.4.1. Overview
16.1.4.2. Product Portfolio
16.1.4.3. Profitability by Market Segments
16.1.4.4. Sales Footprint
16.1.4.5. Strategy Overview
16.1.4.5.1. Marketing Strategy
16.1.5. Jiangsu ChangMei Medtech Co., Ltd.
16.1.5.1. Overview
16.1.5.2. Product Portfolio
16.1.5.3. Profitability by Market Segments
16.1.5.4. Sales Footprint
16.1.5.5. Strategy Overview
16.1.5.5.1. Marketing Strategy
16.1.6. iVascular SLU
16.1.6.1. Overview
16.1.6.2. Product Portfolio
16.1.6.3. Profitability by Market Segments
16.1.6.4. Sales Footprint
16.1.6.5. Strategy Overview
16.1.6.5.1. Marketing Strategy
16.1.7. Med Pro Medical B.V.
16.1.7.1. Overview
16.1.7.2. Product Portfolio
16.1.7.3. Profitability by Market Segments
16.1.7.4. Sales Footprint
16.1.7.5. Strategy Overview
16.1.7.5.1. Marketing Strategy
16.1.8. NuAngle
16.1.8.1. Overview
16.1.8.2. Product Portfolio
16.1.8.3. Profitability by Market Segments
16.1.8.4. Sales Footprint
16.1.8.5. Strategy Overview
16.1.8.5.1. Marketing Strategy
16.1.9. Teleflex Incorporated
16.1.9.1. Overview
16.1.9.2. Product Portfolio
16.1.9.3. Profitability by Market Segments
16.1.9.4. Sales Footprint
16.1.9.5. Strategy Overview
16.1.9.5.1. Marketing Strategy
16.1.10. Medorah Meditek Pvt. Ltd.
16.1.10.1. Overview
16.1.10.2. Product Portfolio
16.1.10.3. Profitability by Market Segments
16.1.10.4. Sales Footprint
16.1.10.5. Strategy Overview
16.1.10.5.1. Marketing Strategy
17. Assumptions & Acronyms Used
18. Research Methodology
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Kidney Stone Extraction Balloon Market
