Research Nester published a report titled “Nephrology Lasers Market: Global Demand Analysis & Opportunity Outlook 2033” which delivers detailed overview of the global nephrology lasers market in terms of market segmentation by product type, mechanism, technique, end-user, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global nephrology lasers market is anticipated to grow with a CAGR of ~12% during the forecast period, i.e., 2023-2033. The market is segmented by end-user into hospitals, clinics and specialized day care clinics. Out of these, the hospital segment is anticipated to garner the largest revenue by the end of 2033, owing rising employment in the healthcare sector owing to surge in strong healthcare services worldwide.
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The increasing prevalence minimally invasive surgeries globally owing to less time required for surgical procedures and recovery as well as increasing cases of diabetes are some of the major growth factors anticipated to drive the growth of the global nephrology lasers market during the forecast period.
Geographically, the global nephrology lasers market is segmented into five regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, the market in North America is projected to garner the largest share by the end of 2033. Rising health issues as well as upsurge of obesity in the region are some of the major factors anticipated to drive the growth of the market in North America.
Apart from this, the market in Europe is anticipated to register significant growth in the coming years.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
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Growing Chronic Kidney Disease (CKD) along with Kidney Stones to Drive the Market Growth
It was found that, the prevalence of kidney stones exhibited a steady growth in the United States, from ~6% to ~9% in between 2007-2008 cycle and 2017-2018 cycle, respectively.
The increasing usage of nephrology lasers for the removal of kidney stones is expected to drive the market growth. Moreover, the increasing healthcare expenditure worldwide owing to the growing geriatric population as well as increasing number of people suffering from chronic kidney disease is expected to boost the market growth for nephrology lasers.
However, concern associated with the use of ureteral access sheath, along with the possibility of bladder or urethral muscle spasms, are expected to operate as key restraints to the growth of the global nephrology lasers market over the forecast period.
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This report also provides the existing competitive scenario of some of the key players of the global nephrology lasers market which includes company profiling of Olympus Corporation, Boston Scientific Corporation (BSC), Lumenis Be Ltd., Cook Group Incorporated, Hyper Photonics S.R.L, AMS Group, Convergent Laser Technologies, Potent Medical, Solar LS, Asclepion Laser Technologies GmbH’s, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global nephrology lasers market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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