Increase in inorganic strategies collaboration and partnership by key market players
Key market players are adopting growth strategies such as partnerships and collaborations to launch new products. For instance, in September 2021, Advanced Medtech, a pharmaceutical and medical devices manufacturer, acquired Shenzhen Huikang Medical Apparatus Co, Ltd., a medical devices manufacturing company. This acquisition is done to strengthen the market position of Advanced Medtech, and develop various solutions to treat urological and orthopedic conditions such as kidney stones, and others, which is expected to drive the market growth over the forecast period.
Companies covered:Lumenis Ltd., Boston Scientific Corp, BD, Cook Medical, Karl Storz, Allengers Medical Systems, Inc, Olympus Corporation, Electro Medical Systems SA, Dornier MedTech GmbH, Direx Group., HealthTronics, Inc., CONMED Corporation., Applaud Medical, Inc., Potent Medical., and other prominent players.
Urolithiasis Management Devices Market Report Snapshots
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