Kidney Stone Extraction Balloons Market Grows by US$450.5 Million in 2022

[300 Pages Report] The Kidney Stone Extraction Balloons Market is likely to show considerable growth during the forecast period. Balloon catheters for the removal of kidney stones are primarily designed to treat strictures of the ureter.

They work by providing uniform and effective dilation in the nephrostomy tract. In addition, the majority of the kidney stone extraction balloon is made of silicone to reduce the friction between the surface of the balloon and the internal parts of the body. The kidney stone extraction balloon market is witnessing a rapidly changing technological scenario, leading to the development of unique and innovative products.

The Kidney Stone Removal Balloon is a surgical device intended for the expansion of ureteral strictures prior to the ureteroscopic kidney stone removal process. The kidney stone removal balloon is made up of a balloon-like structure at the tip and used to enlarge a narrow passage in the ureter or other related parts. The kidney stone removal balloon is inserted in a deflated position and at the appropriate location is inflated and then removed deflated.

The Kidney Stone Removal Balloon is equipped with a guidewire that must be placed through the ureter. In addition, followed by the dilation of the stenosis, the guide wire remains in position. Balloon catheters for kidney stones are available depending on the size and shape of the balloon. Inflation of the kidney extraction balloon is done with sterile water and air is often overlooked as it can cause the balloon to float, and the presence of salinity in the water can make the deflation process complex due to the blockage of the inflation channel with crystals.

Report attributes Details
Projected market value (2022) US$450.5 million
Anticipated forecast value (2032) US$902.2 million
Estimated growth rate (2022-2032) 6.5%

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Kidney Stone Removal Balloon Market: Drivers and Restraints

The growth of the global kidney stone extraction balloons market is generally driven by the increasing prevalence of kidney stones among the population. For example, according to estimates by the National Kidney Foundation (NKF) in the late 2000s, about one in ten people suffer from kidney stones, nearly 8.8% of the total population carries kidney stones in the United States and about 19% are men. and 9% are women. Additionally, other factors such as the increased incidence of high blood pressure, diabetes, and obesity in the general population may increase the likelihood of developing kidney stones and, therefore, stimulate growth of the kidney stone extraction balloon market.

However, factors such as the high cost of the instrument coupled with the high cost of the procedures are hampering the growth of the kidney stone extraction balloon market. Additionally, unfavorable reimbursement scenario and scarcity of skilled professionals may hamper the growth of kidney stone extraction balloons market.

Kidney Stone Extraction Balloon Market: Regional Outlook

Geographically, the kidney stone extraction balloon market is categorized into regions, viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, Middle East and Africa. North America is expected to hold the largest market share, followed by Western Europe, primarily due to the rising prevalence of kidney stone disorders. Additionally, growing awareness among physicians and favorable reimbursement policies are driving the growth of kidney stone extraction balloons market in these regions.

The market in Asia-Pacific is also expected to grow at a higher rate owing to increasing government R&D spending, rising health insurance policies, and large population base fueling the growth of the market kidney stone extraction balloons. However, regions such as Latin America, Eastern Europe, Middle East and Africa are expected to show stagnant growth during the forecast period due to lack of sophisticated healthcare infrastructure and shortage of qualified professionals.

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Kidney Stone Extraction Balloon Market: Key Players

Some of the global kidney stone extraction balloon market players are Boston Scientific Corporation, CR Bard, Inc., Coloplast Ltd., Cook Medical, Inc., iVascular SLU, Med Pro Medical BV, NuAngle, Teleflex Incorporated and many others. ‘others. .

This research report presents a comprehensive assessment of the market and contains thoughtful information, facts, historical data and market data backed by statistics and validated by the industry. It also includes projections using an appropriate set of assumptions and methodologies. The research report provides analysis and insights based on market segments such as geography, product type, material type, and end-use.

The report covers exhaust gas analysis on:

  • Market segments
  • Market dynamics
  • Market size
  • Offer and demand
  • Current trends/issues/challenges
  • Competition & Companies involved
  • Technology

The regional analysis includes

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, input from industry experts and industry participants across the value chain . The report provides an in-depth analysis of parent market trends, macroeconomic indicators and drivers, and market attractiveness by segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Kidney Stone Retrieval Balloon Market: Segmentation: The global kidney stone retrieval balloon market can be segmented on the basis of material type, filling type, end user and region.

On the basis of material type, the global kidney stone extraction balloons market can be segmented as follows:

On the basis of load, the global kidney stone extraction balloons market can be segmented as follows:

On the basis of end-user, the global kidney stone extraction balloons market can be segmented as follows:

  • Hospitals
  • Ambulatory surgery centers
  • Dialysis clinics

On the basis of region, the global kidney stone extraction balloons market can be segmented as follows:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia-Pacific excluding Japan
  • Japan
  • Middle East and Africa

Report Highlights:

  • Detailed Parent Market Overview
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, promising growth geographies
  • A neutral perspective on market performance
  • Essential information for market players to maintain and improve their footprint in the market.

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