Stone Retrieval Balloons Market Statistics, Trends, and Key Players by 2031

MARKET OVERVIEW

A kidney stone extraction balloon is a surgical device employed to enlarge ureteral structures before the kidney stone removal process, which is done by ureteroscopy. The kidney stone extraction balloon is introduced in a shrunk position, and upon reaching the intended location, it is inflated and later removed in a deflated manner. A kidney stone extraction balloon is made of a balloon-like structure at the tip and is exercised for enlarging a slender track in the ureter or other connected parts. The inflation of the kidney extraction balloon is done with aseptic water. Air is basically avoided as it may cause the balloon to drift, and the presence of dissolved salt in water may cause the deflation process to shift to complicated. The kidney stone balloon catheters are available on the basis of the size of the balloon.

MARKET SCOPE

The "Global Stone Retrieval Balloons Market Analysis to 2031" is a specialized and in-depth study of the medical devices industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Stone retrieval balloons market with detailed market segmentation by materail type, filler, end use, and geography. The report provides key statistics on the market status of the leading Stone retrieval balloons market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•  Based on material type, the global Stone retrieval balloons market is segmented into nylon, silicone, and others.
  
•  On the basis of filler, the market is segmented into liquid, and air.
  
•  On the basis of end use, the market is segmented into hospitals, ambulatory surgical centers, dialysis clinics, and others.
  

MARKET DYNAMICS

Drivers:

•   Rise in the incidences of cases of digestive diseases, High Body Mass Index.
  
•   Increasing prevalence of kidney stones.
  
•   Increasing change in the lifestyles.
  
•   Technological advancements.
  

Restraints:

•   The unfavorable reimbursement situations and lack of skilled professionals is the major restraining factor for this market.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Stone retrieval balloons market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Stone retrieval balloons market in these regions.

IMPACT OF COVID-19 ON STONE RETRIEVAL BALLOONS MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the Stone retrieval balloons market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Stone retrieval balloons market are anticipated to lucrative growth opportunities in the future with the rising demand for Stone retrieval balloons in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Stone retrieval balloons market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•  Boston Scientific
  
•  C. R. Bard, Inc.
  
•  Coloplast Ltd.
  
•  Cook Medical, Inc.
  
•  iVascular SLU
  
•  Med Pro Medical B.V.
  
•  NuAngle
  
•  Teleflex Incorporated
  
•  ConMed
  
•  Olympus
  

The Insight Partner's dediStone retrieval balloonsed research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Stone Retrieval Balloons Report Scope