Ureteroscopy Market Worth $1,054.1 million | Adverse Effects of Lithotripsy Procedures |

Pune, India, 2020-May-12 — /EPR Network/ —

The high incidence of urolithiasis across the globe is a major factor driving the growth of this market. The rapidly increasing geriatric population, technological advancements in devices, and improving hospital infrastructures are the other major factors that are expected to support the growth of the flexible & semi-rigid ureteroscopy market in the coming years.

The report “Flexible & Semi-rigid Ureteroscopy Market by Product (Flexible Ureteroscopes, Semi-rigid Ureteroscopes), Application (Urolithiasis, Urinary Stricture, Kidney Cancer), End User (ASCS, Hospitals), and Region (US, Canada, Asia, Europe) – Global Forecast to 2023″, Published By MarketsandMarkets, is expected to reach $1,054.1 million by 2023 from $809.6 million in 2018, at a CAGR of 5.4%

Research Methodology: –

Top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub markets. The overall market size was used in the top-down approach to estimate the sizes of other individual sub markets (mentioned in the market segmentation—by type, application, end user, and region) through percentage splits from secondary and primary research.

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Flexible ureteroscopes are expected to account for the largest share of the market in 2018

By type of product, the flexible ureteroscopes market is further segmented into flexible and semi-rigid ureteroscopes. The flexible ureteroscopes segment is expected to account for the largest share in 2018. The growing incidence of urolithiasis, rising prevalence rate of kidney cancers, and technological advancements in flexible ureteroscopes are the primary factors driving the growth of the flexible & semi-rigid ureteroscopy market. The flexible ureteroscopes market is further segmented into fiberoptic and digital ureteroscopes. The digital ureteroscopes segment is expected to account for the larger market share in 2018 owing to the higher efficacy and better image output of these devices.

Urolithiasis applications to account for the largest share of the market in 2018

By application, this market is classified into urolithiasis, urinary stricture, and kidney cancer. Urolithiasis is the largest application segment in the market owing to the increasing prevalence of urolithiasis globally.

Hospitals are expected to dominate the flexible & semi-rigid ureteroscopy end-user market in 2018

By end user, the flexible & semi-rigid ureteroscopy market is segmented into hospitals, ambulatory surgical centers, and other end users. The hospitals segment is expected to account for the largest share of the flexible & semi-rigid ureteroscopy market. This large share can be attributed to the high number of surgeries performed in hospitals.

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North America to command the largest share of the semi-rigid ureteroscopy market in 2018

By region, the flexible ureteroscopy market is geographically classified into North America, Europe, Asia, and the Rest of the World (RoW). North America is the largest regional market for ureteroscopes majorly due to the high prevalence of kidney stones (and the large number of surgical procedures performed for the same) and the rising healthcare expenditure in this region. Asia is expected to grow at the highest CAGR in the flexible & semi-rigid ureteroscopy market during the forecast period. Growth in this region is mainly due to the large patient population.

Some of the major players operating in this market are Olympus (Japan), Stryker (US), Boston Scientific (US), KARL STORZ (Switzerland), Richard Wolf (Germany), ELMED Medical Systems (Turkey), Rocamed (France), Maxer Endoscopy (Germany), ProSurg (US), and Vimex Endoscopy (Poland).