Nephrostomy Devices Market - By Product (Guidewires, Drainage Tubes, Nephrostomy Catheters, Sheath Dilators), By End-use (Hospitals, Clinics, Ambulatory Surgical Centers) & Global Forecast, 2023 - 2032

Nephrostomy Devices Market - By Product (Guidewires, Drainage Tubes, Nephrostomy Catheters, Sheath Dilators), By End-use (Hospitals, Clinics, Ambulatory Surgical Centers) & Global Forecast, 2023 - 2032

Global Nephrostomy Devices Market size will expand substantially through 2032. Growing awareness about kidney disorders has increased the need for nephrostomy devices. Industry players in this space are putting their consolidated efforts into R&D to launch nephrostomy devices with advanced capabilities to cater to this growing demand. For instance, in April 2023, Cook Medical, a prominent medical device company, unveiled LithAssist™, a device that combines suction control and offers laser fiber access. This new device will help simplify percutaneous nephrolithotomy (PCNL) procedures to streamline stone management and treatment.
Advancements in minimally invasive techniques, such as image-guided nephrostomy, have improved patient outcomes and increased the adoption of nephrostomy procedures. Besides, the availability of reimbursement policies for nephrostomy procedures will stimulate industry revenue streams through 2032.
The overall nephrostomy devices market is segmented based on product, end-use, and region.
Nephrostomy catheters market share will grow at a decent CAGR from 2023 to 2032. The rapidly aging population’s susceptibility to kidney disorders has increased the need for nephrostomy catheters. Moreover, segment expansion can also be credited to growing advancements in the product. In fact, the introduction of antimicrobial coatings on catheters has helped reduce the risk of infection. On the other hand, improvements in catheter materials have improved patient comfort and reduced the likelihood of complications, favoring market growth.
Based on end-use, nephrostomy devices market value from the ambulatory surgical centers segment will amass considerable gains through 2032. High availability of a wide range of advanced nephrostomy devices in ambulatory surgical centers has made them a preferred healthcare provider. These facilities provide more convenience and a more comfortable environment for patients, with streamlined admission and discharge processes. They also provide more cost-effective treatment than other facilities, resulting in an increased patient footfall.
On the regional front, Europe nephrostomy devices market share will grow at a lucrative CAGR from 2023 to 2032. The growing demand for minimally invasive procedures and the rapidly expanding healthcare infrastructure across the region will contribute to the market growth. Moreover, the regional market growth can also be credited to the growing aging population prone to kidney diseases.
Europe is also home to prominent market contenders such as B. Braun Melsungen AG and others focusing on product innovations to expand their presence. For instance, in September 2022, B. Braun Melsungen AG, a German medical device company, announced the acquisition of the Clik-FIX catheter securement device catalog from Starboard Medical, Inc.