In a recently published report, Global Nephrostomy Catheters Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Nephrostomy Catheters Market products.
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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.
Global Nephrostomy Catheters Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. The Nephrostomy Catheters Market is continuously growing in the global scenario at significant pace. A nephrostomy catheter is used to relieve a blockage in the urinary system. The catheter is inserted through the skin into kidneys. It will allow urine to drain into a bag outside the body. In some cases, it may also drain into bladder. Nephrostomy has a success rate of over 95% if performed by properly trained and qualified resources. Growing incidences of kidney diseases and increase in government support for nephrostomy catheters projects are the substantial driving factors of the market during the forecast period.
Moreover, increasing research & development activities is likely to creating lucrative opportunity in the near future. However, competition from nephrostomy catheters industry players and availability of substitute such as ureteral stenting are the factors that limiting the market growth of nephrostomy catheters during the forecast period.
The regional analysis of Global Nephrostomy Catheters Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share due to increasing incidences of reproductive cancers in the region.
Further, Europe is estimated to second largest region as terms of market share in the global Nephrostomy Catheters market during the forecast period. Asia-Pacific is also anticipated to exhibit higher growth rate/CAGR owing to increasing presence of local players in the countries such as India & China during the forecast period 2018-2025.
The major market player included in this report are:
• Amecath
• Argon Medical Devices
• Bard Medical
• Boston Scientific
• Cook Medical
• Envaste
• Gohar Shafa Medical Devices
• Medi-Globe Corporation
• Merit Medical Systems Inc.
• ROCAMED
• Teleflex Incorporated
• UROMED
• Urotech
• Urovision
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
 Balloon
 Lumen
By Application:
 Hospital
 Clinic
By Regions:
 North America
o U.S.
o Canada
 Europe
o UK
o Germany
 Asia Pacific
o China
o India
o Japan
 Latin America
o Brazil
o Mexico
 Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global Nephrostomy Catheters Market in Market Study:
 Key Consulting Companies & Advisors
 Large, medium-sized, and small enterprises
 Venture capitalists
 Value-Added Resellers (VARs)
 Third-party knowledge providers
 Investment bankers
 Investors
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