Nephrostomy Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

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Nephrostomy Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : October, 2020 | Medical Devices | PPT format

Report Digest


Global Nephrostomy Devices Market: Overview

The global nephrostomy devices market has witnessed a steady growth over the years, owing to the convenience it provides to the patients suffering from hydronephrosis. Nephrostomy devices are an effective option for the drainage of a blocked urine collecting system. These devices are also extensively used in hydronephrosis condition, which is characterized by blockage of the ureters. Nephrostomy devices are often called as nephrostomy catheters, which is usually inserted to temporarily divert urine from the obstructed site. Moreover, nephrostomy is highly effective in cases where antibiotics do not work efficiently, due to its inability in reaching kidney because of the blockage. All such advantages are majorly driving the global nephrostomy devices market.

In terms of products, the global nephrostomy devices market is segmented into drainage bags, guidewires, nephrostomy catheters, and balloon dilators. Among them, guidewires segment accounts for the highest share in the global nephrostomy devices market due to its amazing flexibility and other amazing properties such as excellent pushability and kink resistance. The research report by TMR Research (TMR) helps key stakeholders to identify several growth opportunities in the global nephrostomy devices market.

Global Nephrostomy Devices Market: Notable Developments

A few recent developments help in contouring the shape of the global nephrostomy devices market in a positive way:

  • Market players are launching several new techniques such as balloon dilation catheter with advanced and multilayer technology, which is gaining traction in the global nephrostomy devices market.
  • Teleflex makes their nephrostomy devices easy, safe, and comfortable. Their nephrostomy devices are also available as puncture sets which is perfectly matched for several techniques. They provides nephrostomy devices through packing sets individually such as guide wires, cannulas, and renax tubes.

Some of the most prominent competitors operating in the competitive landscape of global nephrostomy devices market include –

  • BD
  • Coloplast Group
  • Olympus Corporation
  • Cook
  • Boston Scientific Corporation

Global Nephrostomy Devices Market: Key Growth Drivers

Percutaneous nephrostomy or PCN is mainly an image-guided minimally invasive surgical procedure, which is performed to treat the upper urinary tract blockage. In such procedures, nephrostomy devices are highly required to bring efficiency and accuracy. Along with this, rising popularity of PCN procedures among hydronephrosis patients are the major factor fueling demand in the global nephrostomy devices market. However, PCN procedures also provide several benefits such as minimal blood loss, less treatment cost, and prevents urine leakages. Additionally, PCN procedure is also highly preferred over conventional open surgeries due to the advantages in faster recovery, smaller incisions, and minimization of hospital stay. All such USPs are also contributing demand in the global nephrostomy devices market.

Furthermore, growing incidence of kidney stone worldwide and rising prevalence of bladder cancer are also propelling expansion in the global nephrostomy devices market. Along with this, burgeoning male population suffering from prostate cancer and increasing cases of post-surgery infection among kidney transplant patients are also the major factors providing impetus to the growth of the global nephrostomy devices market. Nephrostomy devices are majorly used for restoring the kidney function through temporarily draining off the obstructed urine. Such factors are also boosting the global nephrostomy devices market.

Global Nephrostomy Devices Market: Regional Outlook

On the regional front, North America is expected to lead the global nephrostomy devices market as the region has seen rapid development in the healthcare sector. Additionally, high availability of skilled professionals and well-equipped healthcare infrastructure are also fueling growth in the nephrostomy devices market in this region.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

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

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?