Nephrectomy Market Highlights
The Nephrectomy Market is projected to reach USD 5264.81 Million by 2030 at 4.20% CAGR during the forecast period 2022-2030.
Nephrectomy is referred to as the surgical procedure for the removal of the kidney. It is performed as a part of the treatment of the diseased kidney. The nephrectomy, based on the severity of the disease, has been classified into partial and radical nephrectomy procedures. In the partial nephrectomy procedure, the injured or diseased section of the kidney is removed, whereas radical nephrectomy comprises removal of the entire kidney.
The increasing prevalence of kidney cancer and chronic kidney diseases, the rising number of laparoscopic nephrectomy procedures, and increasing awareness about organ transplants are anticipated to drive the market growth of the global nephrectomy market. However, risks and complications of the nephrectomy surgery and high cost of the procedure are expected to restrict the market growth.
Regional Analysis
The Global Nephrectomy Market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Rest of the World. The Americas are likely to hold the largest nephrectomy market share during the assessment period. Increasing prevalence of kidney cancer in the region, high prevalence of chronic kidney diseases, growing development in diagnostics, and well-established players are likely to support the dominance of the Americas during the forecast period. The Europe market established substantial growth in the market due to the increasing incidence and prevalence of cancer in this region. Asia-Pacific is estimated to be the fastest-growing region in the global market due to the increasing RD funding by developing countries and the development of the healthcare sector in the region. The nephrectomy market in the Rest of the World is expected to witness gradual growth due to the increasing awareness about nephrectomy.
Segment Analysis
The Global Nephrectomy Market Research Report has been divided based on procedure, indication, end-user, and region. The market, based on procedure, has been segregated into open nephrectomy, laparoscopic nephrectomy, and robot-assisted laparoscopic surgery. Based on indication, the nephrectomy market has been divided into kidney cancer and another kidney disease. Based on end-user, it is bifurcated into hospitals clinics, surgical centers, and others.
Market Players
MRFR recognizes the following companies as the Key Players in the Global Nephrectomy Market— KARL STORZ SE Co. KG (Germany)., Olympus Corporation (Japan), Medtronic Plc (Ireland), B. Braun Melsungen AG (Germany), Johnson Johnson Services Inc. (US), Cook Group (US), CONMED Corporation (US), and XCELLANCE Medical Technologies (India), and Others.
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