Ureteral Stents and Holmium Lasers are Fastest Growing Segments in U.S. Stone Management Market, Led by Boston Scientific, Cook Medical, C. R. Bard; Lumenis, Dornier

According to a recent report by iData Research, Holmium lasers and ureteral stents are rapidly growing in market value, bringing with them cost-saving advantages that benefit urologists and the stone management market as a whole.


VANCOUVER, BC, June 25, 2015 (GLOBE NEWSWIRE) -- via PRWEB - June 25, 2015 – Vancouver, B.C. – According to a new report by iData Research (http://www.idataresearch.com), the leading global authority in medical device market research, the stone management market in the U.S. is seeing significant growth in the holmium laser and ureteral stent segments. Aside from these segments, the stone management market consists of extracorporeal shockwave lithotripsy (ESWL) capital equipment, intracorporeal shockwave lithotripsy (ISWL) capital equipment and stone fragment retrieval devices.

Ureteral stents are hollow tubes that allow urine to be drained though a catheter from the upper part of the urinary system. This market segment is experiencing healthy growth at a CAGR of 7.5%. Meanwhile, the holmium laser segment is expected to grow at a rapid CAGR of 8.1% through 2020, making it the fastest growing segment in the stone management market. Holmium lasers are the only type of lasers used in stone management. Procedures in which they are used are referred to as laser lithotripsy procedures.

Many urologists consider high powered holmium lasers, which are defined as over 80 watts, to be a cost-effective investment. This is due to the fact that the devices can be used not only for stone treatment, but also for laser benign prostate hyperplasia (BPH) treatment. The use of holmium lasers in multiple applications and its consequent returns on investments makes them very appealing, thus driving the overall stone treatment device market.

Lumenis, whose holmium laser technology is distributed by Boston Scientific, is the market leader for holmium lasers. Lumenis is the largest medical laser company in the world and it was the first company to develop a 100-watt holmium laser, as seen in its VersaPulse® PowerSuite™ system. Also a significant competitor in this market segment is Dornier MedTech America, with its H20 Holmium laser system from the Medilas product family, which is distributed by Olympus.

On the ureteral stents front, the clear market leader is Boston Scientific with their successful Percuflex™, Contour™ and Polaris™ families of products. Also prominent in this segment is Cook Medical, who offers the C-Flex®, Sof-Flex® and Universa® lines of stents. C. R. Bard is also among the leaders of this market with their popular INLAY ®and BARDEX® family of ureteral stents.

"An emerging technology is antimicrobial coated stents, which have not yet gained FDA approval but could increase demand in the future," explains Dr. Kamran Zamanian, CEO of iData. "Driven by physician preference moving away from placing nephrostomy tubes, unit sales growth is expected to increase."

For Further Information

More on the markets for stone management in the U.S. can be found in this latest edition report published by iData entitled U.S. Market for Urological Devices, which covers the U.S. as a whole, as well as market segments for urinary incontinence devices, stone management devices, BPH treatment devices, urological endoscopes, prostate cancer treatment devices, urodynamic equipment and nephrostomy devices.

The iData series on the market for urological devices also covers the U.S., India, China, Japan and 15 countries in Europe. Full reports provide a comprehensive analysis including units sold, procedure numbers, market value, forecasts, as well as detailed competitive market shares and analysis of major players' success strategies in each market and segment.

Register online or email us at info@idataresearch.net for an U.S. Market for Urological Devices report brochure and synopsis.

About Procedure Tracker

Procedure number data is available from iData's Procedure Tracker service, which allows subscribers to define and analyze procedure data segmented by State, region, hospital, surgery centre, and physician. A customizable dashboard sorts procedure data for further analysis and research.

About iData Research

iData Research (http://www.idataresearch.com) is an international market research and consulting group focused on providing market intelligence for medical device and pharmaceutical companies. iData covers research in: Diabetes Drugs, Diabetes Devices, Pharmaceuticals, Anesthesiology, Wound Management, Orthopedics, Cardiovascular, Ophthalmics, Endoscopy, Gynecology, Urology and more.

This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/2015/06/prweb12811618.htm


            

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