Hospitals and Clinics Segment Held Largest Share of End User in South and Central America Kidney Stones Retrieval Devices Market in 2019

According to a new market research study of ‘South and Central America Kidney Stones Retrieval Devices Market Forecast to 2027 - COVID-19 Impact and Analysis by type, treatment, and end-user’ the South and Central America kidney stones retrieval devices market is expected to reach US$ 248.1 million in 2027 from US$ 180.4 million in 2019. The market is estimated to grow with a CAGR of 4.2% from 2020-2027. The report provides trends prevailing in the South and Central America kidney stones retrieval devices market and the factors driving market along with those that act as hindrances.

Based on the end user, the South and Central America the kidney stones retrieval devices market, is segmented into hospitals and clinics, specialty clinics, and ambulatory surgery centers. The  hospitals and clinics segment held the largest share of the market in 2019, also the same segment is anticipated to register the highest CAGR in the market during the forecast period. The growth of the segments is attributed to the growing number of procedures to treat kidney stones. Hospitals and clinics are the primary healthcare centers where the kidney stone are extensively treated. These facility centers provide advantages presence of integrated healthcare facilities, the availability of technologically advanced infrastructures, and the ability to perform complex procedures. In addition, the availability of favorable reimbursement policies influences the increasing number of kidney stone treatment procedures. Moreover, the faster development of healthcare infrastructure facilities and a surge in healthcare spending in developing regions is expected to drive the hospitals and clinics segment's growth over the forecast period.

The growth of this market is estimated to grow owing to key driving factors such as high incidences of renal stone diseases across South and Central America and a shift towards advanced technologies in the kidney stone retrieval devices market. However, insufficiency of skill and knowledge for advanced procedures is likely to hamper the market growth.

Boston Scientific Corporation, Olympus Corporation, BD are among the leading companies operating in the South and Central America kidney stones retrieval devices market. 

The report segments South and Central America Kidney Stones Retrieval Devices Market as Follows:

By Type

• Lithotripters
• Stone Removal Devices
  • Stone Basket
    • Grasper
    • Dormia
    • Tipless
  • Guidewires
  • Access Sheath
• Ureteral Stents
  • Metal Ureteral Stents
  • Silicone Ureteral Stents
  • Polyurethane Ureteral Stents
  • Others Ureteral Stents
• Ureterorenoscopes
  • By Type
    • Flexible Ureterorenoscopes
    • Semi-rigid Ureterorenoscopes
  • By Usage
    • Single-use Ureterorenoscopes
• Re-usable Ureterorenoscopes

By Treatment

• Extracorporeal Shock Wave Lithotripsy
• Intracorporeal Ureteroscopy
• Percutaneous Nephrolithotripsy

By End User

• Hospitals and Clinics
• Specialty Clinics
• Ambulatory Surgery Centers

By Country

• South and Central America

• Brazil
• Argentina
• Rest of South and Central America

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