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Global Nephrostomy Devices Market (2022 to 2027) - Increasing Cases of Kidney Stone Disorders and Rise in Demand for Minimally Invasive Surgeries Drives Growth
Global Nephrostomy Devices Market
Dublin, Feb. 27, 2023 (GLOBE NEWSWIRE) -- The "Global Nephrostomy Devices Market (2022-2027) by Product, End User, and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Nephrostomy Devices Market is estimated to be USD 972.2 Mn in 2022 and is expected to reach USD 1489 Mn by 2027, growing at a CAGR of 8.9%
Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.
As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding growth and reducing risks.
Competitive Quadrant
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the Global Nephrostomy Devices Market. Ansoff Matrix, also known as the Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
The analyst analyses the Global Nephrostomy Devices Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
The report offers a comprehensive evaluation of the Global Nephrostomy Devices Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Report Highlights:
Report Attribute | Details |
No. of Pages | 194 |
Forecast Period | 2022 - 2027 |
Estimated Market Value (USD) in 2022 | $972.2 Million |
Forecasted Market Value (USD) by 2027 | $1489 Million |
Compound Annual Growth Rate | 8.9% |
Regions Covered | Global |
Market Dynamics
Drivers
Increasing Cases of Kidney Stone Disorders
Rise in Demand for Minimally Invasive Surgeries
Increasing Awareness about the Nephrostomy Devices
Restraints
Risk Associated with Nephrostomy Procedure
Opportunities
Improving Healthcare Infrastructure in Emerging Economies
Rising Number of Hydronephroses
Challenges
Alternative Procedures Such as Ureteral Stenting
Market Segmentation
The Global Nephrostomy Devices Market is segmented based on Product, End User, and Geography.
By Product, the market is classified into Guidewires, Drainage Tubes, Nephrostomy Catheters and Sheath Dilators.
By End User, the market is classified into Hospitals, Emergency Clinics and Ambulatory Surgical Centers.
By Geography, the market is classified into Americas, Europe, Middle East & Africa, and Asia-Pacific.
Companies Mentioned
AngioDynamics, Inc.
Argon Medical
B. Braun Melsungen Ag
Becton, Dickinson, and Company
Boston Scientific Corp.
Cardinal Health, Inc.
Coloplast A/S
Copenhagen MedLab
Cook Group, Inc.
Envaste, Ltd.
Medi-Globe GmbH
Meditech Devices Pvt. Ltd.
Olympus Corp.
SURGIMEDIK
Teleflex, Inc.
Uresil, LLC
For more information about this report visit https://www.researchandmarkets.com/r/8yox8i
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