Flexible & Semi-rigid Ureteroscopy Market Size, Share and Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2024 – 2032
Published on: 2024-08-04 | No of Pages : 240 | Industry : Healthcare
Publisher : MIR | Format : PDF&Excel
Flexible & Semi-rigid Ureteroscopy Market Size, Share and Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2024 – 2032
Flexible & Semi-rigid Ureteroscopy Market Size
Flexible & Semi-Rigid Ureteroscopy Market size is slated to witness a commendable growth over 2024-2032, owing to the lifestyle changes and the increasing prevalence of obesity.
As per the 2022 data from the National Heart, Lung, and Blood Institute, around 3 in 4 adults aged 20 years or above are obese or overweight in the U.S. This rising disease incidence is likely to contribute to the risk of kidney stone development and consequently stimulate the demand for semi-rigid and flexible ureteroscopes.
As ureteroscopy is a minimally invasive procedure conducted under general anesthesia to treat small- to medium-sized kidney stones, patients as well as healthcare practitioners are inclining towards this procedure due to fast recovery and short hospital stay.
Flexible & Semi-rigid Ureteroscopy Market Trends
There is high burden of urinary tract infections, especially in developed economies. According to 2023 statistics from StatPearls, 40% of U.S. women are likely to develop a UTI at some point in their lifetime. Since UTIs can increase the risk of kidney stones, the rising disease incidence will boost the requirement for flexible and semi-rigid ureteroscopes. Furthermore, the growing elderly population susceptible to urinary diseases and the emphasis on the adoption of systematic approaches to chronic kidney disease treatments will strengthen industry dynamics over the foreseeable future.
The flexible & semi-rigid ureteroscopy market from flexible ureteroscope segment will account for an appreciable share of the flexible & semi-rigid ureteroscopy industry by 2032, considering the rapid product innovation to address the needs of physicians. Digital flexible ureteroscopes have emerged as an attractive alternative to rigid counterparts, enabling seamless access to kidneys and providing high-resolution digital images. Additionally, the rising awareness of the effectiveness and preciseness during renal stone treatments will spur the usage of flexible ureteroscopy devices.
Flexible & Semi-Rigid Ureteroscopy Market size from the urinary stricture segment will amass considerable profits over the estimated timeline, due to the growing burden of interstitial cystitis. Based on 2022 data from the CDC, this chronic bladder inflammation impacts 1 to 5.1 in 100,000 of the general population. Moreover, the increasing cases of nephrectomy are also anticipated to contribute to urinary strictures and in turn, boost the acceptance of ureteroscopy procedures in the upcoming years.
Flexible & Semi-rigid Ureteroscopy Market Analysis
Europe is projected to emerge as a lucrative revenue pocket for the flexible & semi-rigid ureteroscopy industry between 2024 and 2032. This is a result of the rising geriatric population prone to urological and renal disorders. As per statistics from Eurostat, in the EU-27, the number of older people aged 65 years and above will surge from 90.5 million in 2019 to 129.8 million by 2050. Furthermore, the rise in spending to strengthen the healthcare systems will hasten the development of ureteroscope market in the region.
Flexible & Semi-rigid Ureteroscopy Market Share
Some of the key players in the flexible & semi-rigid ureteroscopy industry include
- Stryker
- Vimex Endoscopy
- Rocamed
- Maxer Endoscopy
- Richard Wolf
- Olympus
- Karl Storz Medical
- Boston Scientific
- Elmed Medical Systems
These companies are incorporating strategies including business expansions, acquisitions, innovative product launches, and partnerships to strengthen their presence in the industry.
Flexible & Semi-rigid Ureteroscopy Industry News
- In November 2022, Arthrex and Richard Wolf, renowned worldwide for their expertise in minimally invasive surgical technology and solutions, announced a collaborative partnership based in the United States. This alliance aims to provide a wide range of technology and product solutions encompassing urology, gynecology, and general surgery.