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Ureteroscopes Market Size, Trends, Shares, Insights and Forecast – 2018-2026
Ureteroscopes Market Size, Trends, Shares, Insights and Forecast – 2018-2026
Ureteroscopes Market Report- 2020 Analyses competitive environment such as key players, future trends, growths, challenges and acquisitions in the market.

Ureteroscopes Market RegionalAnalysis

North America is expected to holdthe dominant position in global UreteroscopesMarket, due to presence of key players in the region and high success ratesof ureteroscopy. For instance, according to data published by Department ofUrology, New York Medical College, in 2016, after a single procedure, around37% of patients who had undergone flexible ureteroscopy were stone free ascompare to only 21% of the patients who were treated with Extracorporeal ShockWave Lithotripsy (ESWL). Moreover, Boston Scientific Corporation and StrykerCorporation are the two U.S.-based major players in this market. Furthermore,increasing prevalence of kidney stone in the U.S. is also expected to increasedemand for ureteroscopes, which is turn is driving the market growth in NorthAmerica. For instance, according to data published in National Center forBiotechnology Information, in 2014, according to survey done by National Healthand Nutrition Examination in 2012, around 10.6% of men and 7.1% of women in theU.S. are affected from renal stone disease and there is a rapid increase inprevalence of urinary tract stone disease. Asia Pacific is expected to exhibitsignificant growth in the global ureteroscopes market, owing to increasingincidence of kidney stone disease in population in India and China. Forinstance, according to data published in National Center for BiotechnologyInformation in 2017, the prevalence of kidney stone in Mainland China wasestimated to be around 10.34% in males and 6.62% in females.

Ureteroscope is a device, whichis used for examining upper urinary tract and the technique is calledureteroscopy. Ureteroscope works similar to a cytoscope, however, it is longerand thinner than cytoscope, and is passed through the urethra to the bladderand then into the ureter (the tubes, which carry urine from kidneys tobladder).

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Ureteroscope has illuminatinglight and lens for capturing images of urinary tract organs for presence oftumors and calculi. This device helps to find the position of stone in ureterand is also used for the removal of kidney stone. Ureteroscopy is less harmfuland less time consuming procedure to remove kidney stone and shows highaccuracy and less complications than conventional methods such as percutaneousnephrolithotripsy (PCNL) and extracorporeal shock wave lithotripsy (ESWL).

Ureteroscopes Market Drivers

Increasing approvals and launchesof new ureteroscopes devices is expected to be a major factor for growth of theglobal ureteroscopes market. For instance, in 2016, Boston ScientificCorporation launched its new LithoVue single-use digital flexible ureteroscopein the U.S. and Europe market. LithoVue is used in minimally invasive diagnosisand treatment of kidney stones and other conditions of the kidney, ureter, andbladder.

Furthermore, increasingprevalence of kidney stone is expected to increase demand for ureteroscopes andfuel the market growth. For instance, according to the data published byNational Kidney Foundation in 2016, globally, over half a billion people sufferfrom kidney stone annually. According to data published by National Instituteof Health, in 2016, globally, total prevalence of chronic kidney disease isaround 14.0% of the general population.

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Moreover, prevalence of kidneystones also increases with increasing age. According to the data published inNational Center for Biotechnology Information, in 2017, in Mainland China theprevalence of kidney stone was 5.96% in the people aged between 30-39 years,while the prevalence was around 9.68% in people above 60 years of age. Hence,rise in geriatric population is also expected to increase incidence of kidneystone, which in turn is expected to increase demand for ureteroscopes and fuelmarket growth in the near future. For instance, according to the United NationsEconomic and Social Commission for Asia and the Pacific (ESCAP) 2016, around547 million people were aged above 60 years in Asia Pacific and the number isprojected to reach around 1.3 billion by 2050.

Ureteroscopes Market Restraint

High cost of ureteroscopyprocedure is expected to be a major restrain for growth of the globalureteroscopes market. The average cost of ureteroscopy in the U.S. can go up toaround US$ 3,000. Such high cost procedures are not easily affordable byeveryone and hence it restrain the market growth.

Ureteroscopes Market Key Players

Key players operating inureteroscopes market include Boston Scientific Corporation, OlympusCorporation, Stryker Corporation, KARL STORZ SE & Co. KG, Richard WolfGmbH, PENTAX Medical, Elmed Electronics & Medical Industry & TradeInc., AED.MD, SCHÖLLY FIBEROPTIC GMBH, OPCOM Inc., Prosurg, Inc., SOPRO-COMEGGmbH, and others.

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