According to the current analysis of Reports and Data, the global Nephrostomy Tube Market valued at USD 831.8 million in 2018 and is expected to reach USD 1.51 billion by the year 2026 at a CAGR of 7.7%. Nephrostomy Tube are used in treating the blocked ureters of the kidney and also to restore the urine flow from blocked ureters for better functioning of the organ. Blocked ureters cause a rise in the pressure in the kidneys that causes further damage to kidneys such as hydronephrosis. It is caused due to the blocked ureters. Ideally, nephrostomy catheters are used for the treatment. Rise incidences of hydronephrosis are expected to boost for Nephrostomy Tube market. However, the increase in the geriatric population, ovarian, and prostate cancers are expected to fuel the market in the forecast period. Nephrostomy is regarded as a first-line treatment for patients suffering from kidney stones larger than 2 cm. However, high expenditure of therapy, alternative substitutes for nephrostomy, and the procedure being slightly painful these factors are likely to restrain the market growth.
The Asia Pacific region had marked a significant growth in the market due to the rise in the better reimbursement policies, better healthcare facilities, increased funding by the government for RD activities in surgical devices and procedures.
In-depth Study of the Competitive Landscape:
The global Nephrostomy Tube market consists of various market players, which make this business sphere highly competitive. In this section of the report, the authors have provided authentic information on product portfolios, new product innovations, technological capabilities, and product pricing strategies of each of these players. Moreover, it discusses the key strategies implemented by these players, such as mergers acquisitions, joint ventures, collaborations, partnerships and agreements, to build on their market presence.
Top companies profiled in the report include:
Boston Scientific Corp (U.S.), Teleflex, Inc. (U.S.), Cardinal Health (U.S.), Becton, Dickinson and Company (U.S.), Cook Medical (U.S.), B. Braun Melsungen AG (Germany), Coloplast Group (Denmark), Olympus Corp (Japan), Argon Medical (U.S.), and Uresil LLC (U.S.), are the key players of the Nephrostomy Tube market.Boston Scientific Corp (U.S.), Teleflex, Inc. (U.S.), Cardinal Health (U.S.), Becton, Dickinson and Company (U.S.), Cook Medical (U.S.), B. Braun Melsungen AG (Germany), Coloplast Group (Denmark), Olympus Corp (Japan), Argon Medical (U.S.), and Uresil LLC (U.S.)
Key Market Regions Covered in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- The Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Products Outlook (Revenue in Million USD; 2016–2026)
- Guidewires
- Drainage Tubes
- Nephrostomy Catheters
- Sheath Dilators
- Others
End use (Revenue in Million USD; 2016–2026)
- Hospitals
- Emergency Clinics
- Ambulatory Surgical Centers (ASCs)
- Specialty Clinics
Frequently asked questions addressed in the report:
- What is the revenue growth rate of the global Nephrostomy Tube market over the forecast period?
- What are the major factors driving the growth of the Global Nephrostomy Tube Market?
- What are the key challenges impacting the global Nephrostomy Tube market growth?
- What are the outcomes of the SWOT Analysis and Porter’s Five Forces Analysis conducted in the report?
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