Flexible and Semi-rigid Ureteroscopy Market Companies Analysis,Trends and Forecasts till 2027

Market Analysis 

The global flexible semi rigid ureteroscopy market is touted to have a phenomenal growth at a favorable 5.4% CAGR during the forecast period (2018-2023). Ureteroscopy is a process that urologists use for diagnosing kidney stones or any problems associated to the urinary tract. It is generally used to detect kidney stones present in the ureter. At the time of performing ureteroscopy the physician will insert into the bladder and ureter a flexible and thin device to check the problem. Through a flexible and semi-rigid ureteroscope almost every part of the urinary tract can easily be assessed using top quality digital optics that allows accurate assessment of stones and mucosal lesions. A key benefit of using ureteroscopes is the procedure will have minimum contra-indication.

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There are several factors that is propelling the growth of the flexible semi rigid ureteroscopy market. These factors according to Market Research Future (MRFR) report include increasing cases of urolithiasis disease, increasing geriatric population, increasing incidences of kidney cancer and urinary stricture, advancements in technology such as rising use of single-use devices, adverse effects of the lithotripsy procedure, rising healthcare expenditure, favorable healthcare reforms, enhancement in hospital infrastructure, increasing dehydration and digestive diseases, rising obesity, any form of family history associated to kidney problems, and other medical problems such as consuming food high in sodium and protein sugar that may boost the risk of kidney stones. On the contrary, factors such as high price of surgical procedures, availability of other low-cost treatment alternatives, difficulty in cannulation as well as identification of the ureteral NB orifice may hamper the growth of the flexible semi rigid ureteroscopy market. 

Market Segmentation

The global flexible and semi-rigid ureteroscopy market is segmented on the basis of product, application, and end-user. The flexible and semi-rigid ureteroscopy market, by product, is categorized into flexible ureteroscopes, semi-rigid ureteroscopes, and rigid ureteroscopes. Flexible ureteroscopes are further segmented into fiberoptic ureteroscopes and digital ureteroscopes. On the basis of application, the market is segmented into therapeutic applications and diagnostic applications. Therapeutic applications are further segmented into urinary stricture, urolithiasis, and kidney cancer. On the basis of end-user, the market is segmented into hospitals and clinics, diagnostic centers, ambulatory surgical centers, research centers, and others.

Regional Analysis

The Americas leads the market owing to the increasing prevalence of urolithiasis, increasing research and development programs in flexible video-ureteroscopes, and growing healthcare expenditure. The American Urological Association, July 2016, has estimated a 3% prevalence rate for kidney stone in all individuals and stated that it affects 12% of the population during their lifetime. Such a high rate of kidney stone drives the market growth in this region.

Europe is expected to be the second largest flexible and semi-rigid ureteroscopy market during the forecast period. The increasing occurrence of kidney cancer and obesity drive the market in this region. According to Cancer Research UK in 2015, there were12,547 new cases of kidney cancer. Thus, the growing cases of kidney cancer facilitate the market growth.

Asia-Pacific was estimated to be the fastest growing region for the global flexible and semi-rigid ureteroscopy market in 2017. The market is expected to witness high growth owing to the rising prevalence of obesity and kidney cancer in this region. According to the National Center for Biotechnology Information publication 2016, 121,099 cases of kidney cancer were recorded in Asia in 2012 in which 66.12% patients were males. Such a high prevalence of kidney cancer influences the market growth.

This is expected to provide favorable backgrounds for the market to grow.

The Middle East and Africa accounts for the low share due to lack of awareness, low per capita income, and lack of well-trained healthcare professionals. However, the rising oncology and health care services in hospitals and in the community are expected to influence the market in a positive way.

Competitive Analysis 

The flexible semi rigid ureteroscopy market is fragmented and highly competitive. The key players are engaging in various strategies namely research and development activities, business collaborations, geographic expansion and introduction of products that are technologically advanced.

Key Players

Some of the key players in the global flexible and semi-rigid ureteroscopy market are Stryker (US), Olympus Corporation (Japan), Boston Scientific (US), Richard Wolf (Germany), KARL STORZ (Switzerland), ELMED Medical Systems (Turkey), Maxer Endoscopy (Germany), Rocamed (France), Vimex Endoscopy (Poland), ProSurg (US), and others.

TABLE OF CONTENT

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

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