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ureteroscopy devices market

The global ureteroscopy devices market is expected to foresee significant growth. North America captured a prominent position in the market!

A ureteroscope is an examination that involves insertion during ureteroscopy in order to remove and treat kidney stones. The medical practitioner can treat or diagnose disorders relating to the urinary tract by inserting telescope-like equipment via the patient’s ureter into the bladder.

The Ureteroscopy Devices Market is expected to grow at a steady rate of around 4% during the forecast period (2022-2028) owing to the rising population of obesity, which is a high-risk factor for developing kidney stones due to an unhealthy lifestyle. According to various studies, obese people develop more uric acid stones and calcium oxalate stones. The growing focus and investment of key stakeholders in the research and development of technologically advanced devices are further expected to support market growth.

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Based on the product, the ureteroscopy devices market is segmented into flexible ureteroscopes and semi-rigid ureteroscopes. The flexible ureteroscopes segment accounted for a significant market share in 2020 owing to the rising acceptance of digital flexible ureteroscope. Moreover, technological advancement in the size and design of flexible ureteroscopes provide easy access to the ureter and kidney through the urethra, which helps in eliminating the need for any surgical incision.

Based on end-user, the market is segmented into hospitals, specialty clinics, ambulatory surgical centers, and diagnostic imaging centers. Among these, the hospital segment is growing due to investment by hospitals in expanding surgical infrastructure, increasing kidney stone surgeries in hospitals, and setting up new hospitals in various regions. According to the National Kidney Foundation, 37 million people have chronic kidney disease.

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For a better understanding of the market adoption of the ureteroscopy devices industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America is anticipated to grow at a substantial CAGR during the forecast period. The major factors such as favorable government initiatives, increased investments in research and development for ureteroscopy devices coupled with technological advancements, and the growing incidence of kidney diseases in North America are propelling the growth of the market in the region. For instance, in March 2018, Olympus Medical Systems Corp. received U.S FDA approval for the company’s URF-V2/V2R ureteroscope indicated for endoscopy of the ureter and kidney. Moreover, the market growth is anticipated to be positively impacted by the increased medical expenditures for clinical and physician consultation services.

Some of the major players operating in the market include Becton, Dickinson and Company, Boston Scientific Corporation, Cook Group Inc., ELMED Medical Systems, Hoya Corporation, Karl Storz Se & Co. Kg, Olympus Corp., Rocamed, SCHÖLLY FIBEROPTIC GMBH, Stryker Corporation.

Global Ureteroscopy devices Market Segmentation

Market Insight, by Product

• Flexible Ureteroscopes
• Semi-Rigid Ureteroscopes

Market Insight, by End User

Market Insight, by Region

  • North America
    •  The United States
    •  Canada
    •  Rest of North America
  • Europe
  • Germany
  • The United Kingdom
  • France
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Rest of Asia-Pacific
  • Rest of the World

Top Company Profiles

  • Becton, Dickinson and Company
  • Boston Scientific Corporation
  • Cook Group Inc.
  • ELMED Medical Systems
  • Hoya Corporation
  • Karl Storz Se & Co. Kg
  • Olympus Corp.
  • Rocamed
  • SCHÖLLY FIBEROPTIC GMBH
  • Stryker Corporation

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