According to a new report, published by KBV research, The Global Nephrology and Urology Devices Market size is expected to reach $8.5 billion by 2030, rising to a market growth of 6.3% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,32,278.2 thousand units experiencing a growth of 5.9% (2019-2022).
The ambulatory surgical centers segment is experiencing a CAGR of 7.0% during (2023 - 2030). Due to their ability to cater to various surgical procedures, including urological procedures. They are becoming increasingly popular, offering several advantages over hospitals, such as lower costs, shorter wait times, and more convenient locations. Also, they are a convenient option for older adults, as they offer a more personalized environment than hospitals.
The Kidney Diseases segment is leading the Global Nephrology and Urology Devices Market by Application in 2022 thereby, achieving a market value of $3 billion by 2030. Due to their increasing prevalence and associated medical problems. The aging population is another critical driver for the segment’s expansion since chronic illnesses, including diabetes and high blood pressure, are the leading causes of kidney disorders (CKD and ESRD) and are increasingly becoming common in older people. Surgical instruments used in kidney transplantation procedures are critical for the success of the transplant. These devices assist surgeons in precisely placing the donor kidney and vascular anastomosis.
The Stone Basket segment is anticipated to have a CAGR of 8.1% during (2023 - 2030). Stone baskets, solid masses within the kidneys, are commonly used to extract kidney stones. Kidney stones can cause powerful pain and may lead to complications if not effectively managed. Ureteral stones obstruct the ureter, the tube connecting the kidney to the bladder. Stone baskets are crucial in removing ureteral stones, relieving obstruction, and restoring normal urine flow. Stone baskets are designed to prevent stone migration during procedures. When performing interventions to break or dislodge stones, there is a risk of stones moving deeper into the urinary tract.
The North America region dominated the Global Nephrology and Urology Devices Market by Region in 2022 thereby, achieving a market value of $3.3 billion by 2030, growing at a CAGR of 5.6 % during the forecast period. The Europe region is experiencing a CAGR of 6.1% during (2023 - 2030). Additionally, The Asia Pacific region is showcasing a CAGR of 7% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/safety-switch-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Hollister, Inc., Medtronic PLC, Coloplast Group, Boston Scientific Corporation, ConvaTec Group PLC, Baxter International, Inc., Asahi Kasei Corporation, Cook Medical, Inc. (Cook Group), Terumo Corporation, Teleflex Incorporated
By End-use (Volume, Thousand Units, USD Billion, 2019-2030)
By Application (Volume, Thousand Units, USD Billion, 2019-2030)
By Product (Volume, Thousand Units, USD Billion, 2019-2030)
By Geography (Volume, Thousand Units, USD Billion, 2019-2030)
Companies Profiled
Unique Offerings 
