Nephrostomy Devices Market
Nephrostomy Devices Market
The market for Nephrostomy Devices was estimated at $1.65 billion in 2024; it is anticipated to increase to $2.5 billion by 2030, with projections indicating growth to around $3.7 billion by 2035.
Global Nephrostomy Devices Market Outlook
Revenue, 2024 (US$B)
$1.6B
Forecast, 2034 (US$B)
$3.4B
CAGR, 2024 - 2034
7.5%
Market Key Insights
- The Nephrostomy Devices market is projected to grow from $1.6 billion in 2024 to $3.4 billion in 2034. This represents a CAGR of 7.5%, reflecting rising demand across Urinary Tract Obstruction Relief, Renal Function Preservation and Palliative Care.
- Boston Scientific Corporation, Cook Medical Inc., Teleflex Incorporated are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Nephrostomy Devices market and are expected to observe the growth CAGR of 4.9% to 7.2% between 2024 and 2030.
- Emerging markets including Brazil, South Africa and Indonesia are expected to observe highest growth with CAGR ranging between 8.6% to 10.3%.
- Transition like Technological Advancements in Nephrostomy Devices is expected to add $200.0 million to the Nephrostomy Devices market growth by 2030
- The Nephrostomy Devices market is set to add $1.8 billion between 2024 and 2034, with manufacturer targeting Catheters & Balloon Dilators Product Type projected to gain a larger market share.
- With Increasing prevalence of kidney diseases, and Technological advancements in nephrostomy devices, Nephrostomy Devices market to expand 106% between 2024 and 2034.
Opportunities in the Nephrostomy Devices
The constant progress in material technologies is leading to the development of materials for creating nephrostomy devices that are more efficient and safe to use. As a result of these high quality materials nephrostomy procedures could see complications and an increased demand for such devices is expected to arise. Moreover this trend is particularly noticeable, in growing economies.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Increasing Prevalence of Kidney Diseases, and Growth of Minimally Invasive Surgeries
Restraint: High Cost of Devices
Challenge: Lack of Awareness
Supply Chain Landscape
Raw Material Acquisition
Covestro
Dupont
Component Manufacturing
Medtronic
B. Braun
Device Assembly & Packaging
Boston Scientific
Cook Medical
Distribution & End-use
Hospitals
Ambulatory Surgical Centers
Urology Clinics
Raw Material Acquisition
Covestro
Dupont
Component Manufacturing
Medtronic
B. Braun
Device Assembly & Packaging
Boston Scientific
Cook Medical
Distribution & End-use
Hospitals
Ambulatory Surgical Centers
Urology Clinics