Press release
High Prevalence of Urological Disorders Drive the Growth of Ureteral Stents Market | Foreseen 2023
The constant technological advances, the increase in the incidence of urological diseases and the increase of medical tourism in developing countries drive market growth. However, it is expected that the lack of expert urologists and the complications related to ureteral stents will limit the growth of the market.
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The global ureteral stents market is segmented according to the product, the material, the application, the end user and the geography. Based on the product, the double pigtail segment had the highest market share in 2016, due to the greater use of these instruments in surgical procedures.
By material, the Metal Stents segment had the highest market share in 2016, and the Polymers Stents segment is expected to grow at the highest rate, registering a CAGR of 8.2% by 2023.
According to the application, the metal stents segment had the highest market share in 2016, due to the increase in the geriatric population and the sedentary lifestyle.
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Major Key Players:
• Boston Scientific Corporation
• B. Braun Holding GmbH & Co. KG
• Cook Group Incorporated
• C. R. Bard Inc.
• Coloplast Ltd.
• Medline Industries
Key Findings Of The Ureteral Stents Market:
• The double-pigmented stent segment dominated the market in 2016, and the multiloop stent segment is projected to grow at the highest CAGR during the forecast period.
• The metal stents segment represented the largest share in 2016.
• The U.S. was the main shareholder in the North American ureteral stent market in 2016.
• It is expected that Asia-Pacific will register the highest growth rate in the future.
• India is expected to grow at the highest CAGR in the Asia-Pacific ureteral stent market.
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