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Ureteroscope Market is Growing at a CAGR of 5.49%, DelveInsight

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Ureteroscope Market is Growing at a CAGR of 5.49%, DelveInsight

July 13
00:53 2022
Ureteroscope Market is Growing at a CAGR of 5.49%, DelveInsight

The global Ureteroscope market was valued at USD 0.90 billion in 2021, growing at a CAGR of 5.49% during the forecast period from 2022 to 2027, to reach USD 1.24 billion by 2027. The rise in demand for ureteroscope can be due to the growing prevalence of urolithiasis or nephrolithiasis accompanied by the rising burden of obesity which is a risk factor for development of kidney stones. In addition, sedentary lifestyle, innovation in product design, and new product launches among others are the factors responsible for the global market growth of ureteroscope.


Ureteroscope: An Overview

Ureteroscope is a small flexible telescope that is inserted into the bladder and ureter to diagnose and treat a variety of problems associated with the urinary tract.


Regions Covered in the Report

  • Global

Get to know more information about the report- Ureteroscope Market Share


Recent Developmental Activities in the Ureteroscope Market:

  • In August 2020, Olympus Winter & Ibe GmbH received the US FDA approval for OES Elite Ureteroscopes and Accessories under regulatory class II for endoscopic observation and therapy in the ureters, urethra, and urinary bladder.


Key Takeaways from the Ureteroscope Market Report Study

  • Market size analysis for current market size (2021), and market forecast for 5 years (2022-2027)
  • The effect of the COVID-19 pandemic on this market is significant. To capture and analyse suitable indicators, our experts are closely watching the Ureteroscope market.
  • Top key product/services/technology developments, merger, acquisition, partnership, joint venture happened for last 3 years
  • Key companies dominating the Global Ureteroscope Market.
  • Various opportunities available for the other competitor in the Ureteroscope Market space.
  • What are the top-performing segments in 2021? How these segments will perform in 2027?
  • Which are the top-performing regions and countries in the current market scenario?
  • Which are the regions and countries where companies should have concentrated on opportunities for Ureteroscope market growth in the coming future?


Ureteroscope Market Dynamics

Ureteroscope is gaining momentum in recent years owing to the rising prevalence of urolithiasis across the globe. According to the European Association of Urology 2019, the prevalence rates for urinary stones vary from 1% to 20%, and in the countries with a high standard of life such as Canada, Sweden, or the US, renal stones prevalence is significantly high (>10%).

Moreover, a rise in sedentary lifestyle such as excessive consumption of alcohol, less consumption of water could also lead to the development of kidney stones. In addition, the growing burden of obesity among the population, a high-risk factor for the development of renal calculi, due to sedentary lifestyles such as poor dietary habits and lack of physical activities could also contribute to the ureteroscope market growth. As per the World Health Organization (WHO) 2021 data, there was around 650 million obese population worldwide in the year 2016. Also, according to various studies (one of them being “Obesity and Its Impact on Kidney Stone Formation” by Poore W. et al., published in the NCBI in the year 2020) obese people develop more uric acid stones and calcium oxalate stones.


Ureteroscope Market Segment Analysis

Ureteroscope Market Product Type (Flexible Ureteroscope [Digital Ureteroscope and Fiber Optic Ureteroscope], Semi-Rigid Ureteroscope), By Channel Type (Dual Channel and Single Channel), By Usability (Single-Use and Reusable), By Application (Urolithiasis, Ureter Transitional Cell Cancer, Urinary Strictures), By End User (Hospitals, Ambulatory Surgical Centers and Others), and By Geography (North America, Europe, Asia-Pacific, and Rest of the World).


Ureteroscope Market is expected to dominate the North America

Among all the regions, North America is expected to dominate the overall ureteroscope market. This domination is owing to the favourable reimbursement scenario, advanced healthcare infrastructure, and well-versed guidelines for the surgical and medical management of the upper tract stone disease in the region is projected to boost the ureteroscope market.

Further, in the United States the rising cases of upper tract urothelial carcinoma (UTUC), is also the reason for increase in usage of ureteroscope. For instance, as per the Centers for Disease Control and Prevention (CDC) 2020 data, approximately 17,500 women and 56,000 men suffer from bladder cancer in the US. Moreover, according to the Canadian cancer society 2020 data, there were around 12,200 Canadians suffered from bladder cancer in the year 2020.


Ureteroscope Market New Products

In addition, the launch of new products in the region is likely to propel the market for ureteroscope in the region. For instance, in 2019, Dornier Medtech launched and announced the immediate availability of its new AXIS single-use digital flexible ureteroscope in the US. Thus, these factors are projected to contribute to the ureteroscope market during the forecasted period. Additionally, the Asia-pacific region has future potential for the ureteroscope market. This is because of the rising number of kidney and bladder cancer in the region. Also, the growing cases of urolithiasis are factors expected to promote the growth of ureteroscope in the region. For instance, as per the GLOBOCAN 2021 data, there were approximately 21,096 and 16,861 cases of bladder and kidney respectively in India in the year 2020. Moreover, improving healthcare infrastructure, growing disposable income in the region could also boost the ureteroscope market.


Global Ureteroscope Market Driver

The major factors driving the demand for Ureteroscope are the rising cases of urolithiasis, increase in demand for minimally invasive procedures for kidney stone management, rising sedentary lifestyle, among others. In addition, new product launch and technological advancement in the ureteroscope product portfolio is also expected to augment the market.


Ureteroscope Market Companies

Some of the key market players operating in the Ureteroscope market include Olympus, Stryker, Boston Scientific Corporation, Richard Wolf GmbH, KARL STORZ, ELMED Medical Systems, PENTAX Medical, OPCOM, Dornier Medtech, Maxer Endoscopy GmbH, Vimex Sp. z o. o., AED.MD, NeoScope Inc., Advin Health Care, OTU Medical., Clarion Medical Technologies., Zhuhai Mindhao Medical Technology Co., Ltd., Innovex Medical Co., Ltd., Biorad Medisys Pvt Ltd., Shanghai SeeGen Photoelectric Technology Co., Ltd., and others.


Find more related information of the report- Ureteroscope Market Size


Table of Content

1. Ureteroscope Market Report Introduction

2. Ureteroscope Market Executive summary

3. Regulatory and Patent Analysis

4. Ureteroscope Market Key factors analysis

5. Ureteroscope Porter’s Five Forces Analysis

6. COVID-19 Impact Analysis on Ureteroscope Market

7. Ureteroscope Market layout

8. Ureteroscope Global Company Share Analysis – Key 3-5 Companies

9. Ureteroscope Company and Product Profiles

10. Project Approach

11. KOL Views

12. DelveInsight Capabilities

13. Disclaimer

14. About DelveInsight


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