Kidney Cyst Market Outlook, Growth, Competitors Analysis, New Technology, Trends and Forecast 2022 - 2030
Market Highlights
To treat this disorder various procedures are used, out of
which the minimally invasive procedures are the most preferred. According to
study, the success rate for minimally invasive treatment procedures is 75-100%,
depending on the size and the shape of the cyst as well as the kidney anatomy.
The market for minimally invasive procedures is developing very rapidly due to
the increasing expenditure and clinical advantages over conventional treatment
routines.
The kidney cyst market is anticipated to reach USD 28,400
Million by 2030 at 9.5% CAGR during the forecast period 2022-2030.
Key Players
Some of the Kidney Cyst Market Players are Boston Scientific
Corp., C.R. Bard Inc., Convergent Laser Technologies, Cook Medical Inc.,
DirexGroup, Dornier MedTech GmbH, E.M.S. Electro Medical Systems S.A., Elmed
Electronics & Medical Industry & Trade Inc., Medispec Ltd., Olympus
Corp., Richard Wolf GmbH, Siemens Ltd., STORZ MEDICAL AG, Stryker Corp. and
others.
Segmentation
The global Kidney
Cyst Market Insights is segmented on the basis of diagnosis, treatment, and
end user. On the basis of diagnosis it is segmented into imaging tests, blood
test, urine test, and others. Imaging test is further segmented into X-rays,
Ultrasound, and Magnetic
Resonance Imaging (MRI). The treatment segment is divided into corticosteroid
injection, platelet-rich plasma injection, surgery, medical devices, and
others. Medical devices is further segmented into mechanical band, support
tape, pre-cut strips, continuous rolls, and others. Based on the end user, it
is segmented into hospitals & clinics, research laboratories, medical
institutes, and others.
Regional Analysis
The Americas Kidney
Cyst Market Outlook is expected to show extensive growth owing to
increasing number of patient population for kidney cyst, and technological
advancement in the healthcare also accelerates the market growth. Moreover, high healthcare spending, and
increasing government support for research & development will boost the
market growth.
Europe holds the second largest share of the global market.
The increasing focus of various government agencies on treating kidney cyst,
and increasing investment in healthcare domain to improve treatment methods of
diseases will fuel the growth of the market. The growing public awareness will
boost the European market.
Asia Pacific is the fastest growing kidney cyst market
across the globe. Japan holds a major share of the regional market due to
availability of technology and huge healthcare spending. Rapidly developing
economy, increasing healthcare expenditure, and government initiatives for
research & development will drive the market in China and India over the
assessment period. Alongside, there is a
huge growth outlook for the market in the developing countries as these
countries are encouraging research and development in healthcare management.
The Middle East and Africa hold the least share of the
global market due to limited availability of medical facilities. The UAE, Saudi
Arabia, and Kuwait are expected to drive the Middle East & African market
whereas, the African region is expected to witness a moderate growth.
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