Nephrectomy Market Share Analysis
The global nephrectomy market has a lot of chances for growth. This is because more people are getting kidney diseases, and governments are making sure that healthcare is more accessible through insurance and reimbursement policies.
One type of nephrectomy called laparoscopy nephrectomy is becoming more popular. This is because it has many benefits. It helps wounds heal quickly, causes less sickness, is less painful, lets patients recover faster, and gives better results compared to other traditional open surgery methods.
Technology is also making laparoscopy better. They are adding 3D technology to laparoscopes, making the pictures clearer and the view wider. In 2014, Leonard and others created a Smart Tissue Anastomosis Robot (STAR) that helped with laparoscopic suturing. With all these improvements, there are big chances for the nephrectomy market to grow in the future.
Now, let's delve deeper into why the nephrectomy market is growing. One major factor is the increasing number of people with kidney diseases. Chronic kidney diseases are becoming more common around the world. This means more people might need nephrectomy procedures, creating a demand for the market.
Moreover, governments are playing a role in this growth. They are implementing policies that make it easier for people to get medical help. With more healthcare insurance coverage and reimbursement policies, individuals can afford treatments like nephrectomy. This, in turn, boosts the demand for these procedures, contributing to the market's expansion.
The specific type of nephrectomy gaining attention is laparoscopy nephrectomy. Over the past decade, its demand has risen significantly. The reasons behind this surge are the numerous advantages it offers. One of the key benefits is fast wound healing. Patients undergoing laparoscopy nephrectomy experience less morbidity, meaning they suffer less from the procedure. The process is also less uncomfortable, and the recovery time is quicker compared to traditional open surgery methods. Additionally, the outcomes of laparoscopy nephrectomy are often better.
In terms of technology, laparoscopy is witnessing remarkable advancements. The incorporation of 3D technologies into laparoscopes has resulted in improved image quality and a broader field of vision for laparoscopic cameras. An interesting development in 2014 was the introduction of the Smart Tissue Anastomosis Robot (STAR) by Leonard et al. This robotic system was vision-guided and designed for laparoscopic suturing. Such technological innovations are expected to fuel the growth of the nephrectomy market in the coming years.
Report Attribute/Metric |
Details |
Base Year For Estimation |
聽聽2021聽聽Forecast Period聽聽2023-2032聽聽Historical Data聽聽2020聽聽Forecast Units聽聽Value (USD Million)聽聽Report Coverage聽聽Revenue Forecast, Competitive Landscape, Growth Factors, and Trends聽聽Segments Covered聽聽Procedure, Indication, End User聽聽Geographies Covered聽聽North America, Europe, Asia-Pacific, and Rest of the World (RoW)聽聽Key Vendors聽聽KARL STORZ SE & Co. KG (Germany), Olympus Corporation (Japan), Medtronic Plc (Ireland), Braun Melsungen AG (Germany), Johnson & Johnson Services Inc. (US), Cook Group (US), CONMED Corporation (US), XCELLANCE Medical Technologies (India)聽聽Key Market Opportunities聽聽The therapeutic procedures and the innovative diagnosis聽聽Key Market Drivers路聽 The rapidly increasing advancements in therapy techniques路聽 The rising economies of several developing countries路聽 The rising demand for effective cancer diagnosis and therapeutic, Nephrectomy procedures路聽 Increasing demand for the novel聽 |
Historical Data |
2020 Forecast Units Value (USD Million) Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered Procedure, Indication, End User Geographies Covered North America, Europe, Asia-Pacific, and Rest of the World (RoW) Key Vendors KARL STORZ SE & Co. KG (Germany), Olympus Corporation (Japan), Medtronic Plc (Ireland), Braun Melsungen AG (Germany), Johnson & Johnson Services Inc. (US), Cook Group (US), CONMED Corporation (US), XCELLANCE Medical Technologies (India) Key Market Opportunities The therapeutic procedures and the innovative diagnosis Key Market Drivers路 The rapidly increasing advancements in therapy techniques路 The rising economies of several developing countries路 The rising demand for effective cancer diagnosis and therapeutic, Nephrectomy procedures路 Increasing demand for the novel |
Forecast Period |
聽聽2023-2032聽聽Historical Data聽聽2020聽聽Forecast Units聽聽Value (USD Million)聽聽Report Coverage聽聽Revenue Forecast, Competitive Landscape, Growth Factors, and Trends聽聽Segments Covered聽聽Procedure, Indication, End User聽聽Geographies Covered聽聽North America, Europe, Asia-Pacific, and Rest of the World (RoW)聽聽Key Vendors聽聽KARL STORZ SE & Co. KG (Germany), Olympus Corporation (Japan), Medtronic Plc (Ireland), Braun Melsungen AG (Germany), Johnson & Johnson Services Inc. (US), Cook Group (US), CONMED Corporation (US), XCELLANCE Medical Technologies (India)聽聽Key Market Opportunities聽聽The therapeutic procedures and the innovative diagnosis聽聽Key Market Drivers路聽 The rapidly increasing advancements in therapy techniques路聽 The rising economies of several developing countries路聽 The rising demand for effective cancer diagnosis and therapeutic, Nephrectomy procedures路聽 Increasing demand for the novel聽 |
Growth Rate |
聽聽4.2% (2023-2032聽聽Base Year聽聽2021聽聽Forecast Period聽聽2023-2032聽聽Historical Data聽聽2020聽聽Forecast Units聽聽Value (USD Million)聽聽Report Coverage聽聽Revenue Forecast, Competitive Landscape, Growth Factors, and Trends聽聽Segments Covered聽聽Procedure, Indication, End User聽聽Geographies Covered聽聽North America, Europe, Asia-Pacific, and Rest of the World (RoW)聽聽Key Vendors聽聽KARL STORZ SE & Co. KG (Germany), Olympus Corporation (Japan), Medtronic Plc (Ireland), Braun Melsungen AG (Germany), Johnson & Johnson Services Inc. (US), Cook Group (US), CONMED Corporation (US), XCELLANCE Medical Technologies (India)聽聽Key Market Opportunities聽聽The therapeutic procedures and the innovative diagnosis聽聽Key Market Drivers路聽 The rapidly increasing advancements in therapy techniques路聽 The rising economies of several developing countries路聽 The rising demand for effective cancer diagnosis and therapeutic, Nephrectomy procedures路聽 Increasing demand for the novel聽 |