Ureteroscopy Market Outlook
According to the report by Expert Market Research (EMR),“Ureteroscopy Market Size, Share, Growth, Analysis, Report and Forecast 2024-2032, the global ureteroscopy market is projected to grow at a CAGR of 5.1% between 2024 and 2032. Aided by the growing prevalence of urolithiasis and the increasing advancements in ureteroscopy techniques, the market is expected to grow significantly by 2032.
Ureteroscopy is a minimally invasive procedure involving the insertion of a thin tube, called a ureteroscope, into the urethra to diagnose and treat disorders related to the urinary tract, primarily kidney and ureteral stones. Ureteroscopy has become a go-to procedure due to its high success rates, less recovery time, and minimal risk of complications compared to open surgeries. This has contributed to its increased adoption across various healthcare facilities globally.
The escalating incidence of urolithiasis, which involves the formation of stones in the kidney, bladder, and/or urethra, is a key factor driving the global ureteroscopy market growth. With changes in lifestyle and dietary habits leading to a rise in conditions like obesity and diabetes, the prevalence of urolithiasis has been on the rise, thereby increasing the demand for ureteroscopy procedures. Additionally, the ageing population, more prone to urinary disorders, further bolsters the demand for these procedures.
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The advancement in ureteroscopy technologies also plays a pivotal role in enhancing the ureteroscopy market demand. The evolution from rigid to flexible ureteroscopes, the advent of digital ureteroscopes with superior imaging capabilities, and the development of disposable ureteroscopes have significantly improved the procedure’s effectiveness and patient comfort. These advancements are expected to further boost the adoption of ureteroscopy, thereby contributing to ureteroscopy market development.
Furthermore, the growing healthcare expenditure and improving healthcare infrastructure, particularly in developing economies, provide a conducive environment for the market expansion. Increased investments in healthcare and the adoption of advanced medical procedures have expanded access to ureteroscopy, leading to a boost in the market. In addition, continuous research and development in the field, coupled with training programs to enhance the skills of medical professionals, are expected to propel the ureteroscopy market expansion further.
Ureteroscopy Market Segmentation
The market can be divided based on type, application, end user, and region.
Market Breakup by Type
• Flexible Ureteroscopes
• Semi-rigid Ureteroscopes
• Rigid Ureteroscopes
Market Breakup by Application
• Kidney Cancer
• Urolithiasis
• Urinary Stricture
• Others
Market Breakup by End User
• Hospitals
• Speciality Clinics
• Ambulatory Surgical Centres
• Others
Market Breakup by Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
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Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global ureteroscopy companies. Some of the major key players explored in the report by Expert Market Research are as follows:
• Storz Medical AG
• Elmed Medical Systems
• Maxer Endoscopy GmbH (Erbe Vision GmbH)
• Rocamed
• Olympus Corporation
• OTU Medical Inc.
• Others
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