Market Research for Ureteroscopy Market Globally strategic overview
The flexible & semi-rigid ureteroscopy market is expected to reach USD 1,054.1 million by 2023 from USD 809.6 million in 2018, at a CAGR of 5.4%.
(EMAILWIRE.COM, March 27, 2019 ) 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”.
Factors such as the growing incidence of urolithiasis and technological advancements such as single-use ureteroscopes in flexible ureteroscopy are driving the growth of this market.
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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 & 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 & 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.
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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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Major Ureteroscopy Market Drivers:
· Increasing Incidence of Urolithiasis
· Technological Advancements and Increasing Adoption of Single-Use Devices
· Growth in the Geriatric Population and Increasing Healthcare Expenditure
· Adverse Effects of Lithotripsy Procedures
· Improving Hospital Infrastructure
· Favorable Healthcare Reforms in the Us
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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