Ureteroscopy Market Worth $1,054.1 million | Technological Advancements and Increasing Adoption of Single-Use Devices

Ureteroscopy Market

Ureteroscopy Market Ureteroscopy Market

PUNE, India, 2020-Jun-05 — /EPR Network/ —

[101 Pages Report] The Global Ureteroscopy Market is expected to reach USD 1,054.1 million, at a CAGR of 5.4%

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.

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. The bottom-up approach was also implemented (wherever applicable) for data extracted from secondary research to validate the market segment revenues obtained.

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Market Segmentation in Detailed:

By type of product, the semi-rigid 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 ureteroscopy market.

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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Geographical Detailed Analysis:

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 ureteroscopy market during the forecast period. Growth in this region is mainly due to the large patient population.

Major Key Players Operating in Industry:

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).

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