New product launches and ongoing research on prevention and treatment of kidney stones is expected to boost the market growth over the forecast period
Technological advancements and innovative product launches have allowed for therapy optimization and better management of the stones irrespective of their sizes. Terumo Corporation launched GLIDEWAY ureteral access sheath, which was used in minimally invasive urologic procedures in 2014. Boston Scientific launched LithoVue single use digital flexible ureteroscopes in Europe in 2016, which provided high-quality visualization better than leading ureteroscopes at the time.
Ongoing research in the field of prevention and effective treatment of kidney stone diseases is expected to impact the kidney stone management devices market. For instance, in 2017, Duke Clinical Research Institute (DCRI), scientific data research center for the Urinary Stone Disease Research Network, launched a two year clinical trial to determine the ways to prevent recurrence of kidney stones. Moreover, in 2016, American Urological Association (AUA) released new guidelines for surgical treatment of patients with renal stones. The most pertinent change was decision about treatment and therapy for kidney stones, which should be shared between physician and patients. These guidelines state expert recommendations in relation to treatment of renal stones, small hard mineral deposits inside the kidneys and ureteral stones.
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