The ureteroscopy devices market to grow by USD 276.91 million from 2022 to 2027, North America to account for 39% of market growth- Technavio

NEW YORK, Sept. 19, 2023 /PRNewswire/ -- The ureteroscopy devices market size is expected to grow by USD 276. 91 million from 2022 to 2027. In addition, the momentum of the market will progress at a CAGR of 5.23% during the forecast period, according to Technavio Research. The market has been segmented by end-user (hospitals, ambulatory surgical centers, and Others), product (flexible ureteroscopes and Semi-rigid ureteroscopes), and Geography (North America, Europe, Asia, and Rest of World (ROW)). North America is estimated to contribute 39% to the growth of the global market during the forecast period. Market growth in the region will be driven by an increase in the prevalence of chronic kidney disease, improved healthcare infrastructures in advanced countries such as Canada and the U.S. or emerging markets like Mexico; and a presence of global and local suppliers. Furthermore, ureteroscopy is a minimally invasive medical procedure (MI), mainly used for kidney stone surgery and diagnosis of kidney stones and other urinary tract diseases. Hence, the increase in the demand for ureteroscopy for diagnosing and treating patients with kidney diseases is expected to drive market growth during the forecast period. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Read FREE PDF Sample Report

Company Profile:

Advanced MedTech Holdings Pte. Ltd., Advin Health Care, B.Braun SE, Becton Dickinson and Co., Boston Scientific Corp., Coloplast AS, Cook Group Inc., ELMED Medical Systems, EMOS Technology GmbH, Erbe Elektromedizin GmbH, KARL STORZ SE and Co. KG, NeoScope Inc., Olympus Corp., Opcom Inc, ProSurg Inc., Richard Wolf GmbH, ROCAMED, Stryker Corp., and HOYA Corp.

Advin Health Care - The company offers ureteroscopy devices such as Rigid ureteroscope, Flexible ureteroscope, and RIRS scopes.

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Ureteroscopy Devices Market: Segmentation Analysis

The market share growth by the hospitals segment will be significant during the forecast period. Hospitals play an important role in the detection and management of various urinary tract diseases and are major users of ureteroscopy equipment.

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report

"Besides analyzing the current market scenario, our report examines historic data from 2017 to 2021"- Technavio

Ureteroscopy Devices Market: Market Dynamics

Key Driver

• Growing prevalence of kidney stones and ureteral cancer
• A growing number of specialized hospitals
• Advances in healthcare infrastructure in emerging economies

The growing prevalence of kidney stones and ureteral cancer is a key factor driving the market growth. Kidney stones can increase your risk of developing chronic kidney disease and end-stage kidney disease. There may also be an increased risk of developing a second kidney stone. In addition, ureteroscopy is more appropriate for patients who are obese, pregnant, or have coagulopathy. In addition, a ureteroscope is used to check for ureteral cancer. This device will include a camera to aid in the detection of kidney cancer. Furthermore, due to the increasing number of cases of urinary tract cancer, there is an increase in demand for ureteroscopes on the market. Patients diagnosed with ureteral cancer have an increased risk of bladder cancer. Hence, these factors are expected to drive market growth during the forecast period.

Rising technological advances in ureteroscopy devices are a major trend in the market. Identify key trends, drivers, and challenges in the market. Download a FREE sample to gain access to this information.

FAQS

• How do the major trends impact the market?
• How big is the North America market?
• How do the key drivers and challenges impact the market?

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ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by End-User

Market Segmentation by Product

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio