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Based on product, the market is segmented as guidewires, drainage tubes, nephrostomy catheters, sheath dilators and others. The guidewires dominated the nephrostomy devices market in 2022 accounting for more than 32% of the total industry share. This high market share is owing to several benefits offered by guidewires in the management of kidney disorders. These devices guide the placement in the kidney and reduce the risk of complications such as bleeding or injury to surrounding organs. Additionally, these devices help reduce the trauma to surrounding tissues, minimize pain and discomfort and help in improving the safety of the procedure.
Based on end-use, the nephrostomy devices market is segmented as hospitals, clinics, ambulatory surgical centers and others. The hospital segment held the highest industry share in 2022 and is projected to grow at 8.2% CAGR from 2023-2032. This high market share is owing to the availability of advanced treatments for several kidney diseases and technologically advanced urinary catheters to assist a wide customer base. Enhanced operability and accessibility to comprehensive range of treatments incorporating nephrostomy procedures is expected to drive the market growth. Increasing admissions with chronic kidney disorders due to passive lifestyle and increasing instances of hospitalizations with a robust healthcare system is expected to boost the industry expansion. Thus, accessibility to better treatment & diagnosis coupled with the rising prevalence of these disorders will boost patient visits to hospitals.
U.S. nephrostomy devices market is predicted to reach around USD 863 million by 2032. This market share is attributable to numerous variables including the presence of key market players, an increase in the number of chronic diseases, and rising awareness regarding the benefits of pre nephrostomy devices for diagnosis and treatment of kidney ailments among others.