Flexible & Semi-rigid Ureteroscopy Market Research: Key Companies Profile with Sales, Revenue, Price and Competitive Situation Analysis 2020-2023

2020 Research Report on Global Flexible & Semi-rigid Ureteroscopy Market is a professional and comprehensive report on the Flexible & Semi-rigid Ureteroscopy industry.

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Key Players: Olympus (Japan), Stryker (US), Boston Scientific (US), KARL STORZ (Switzerland), Richard Wolf (Germany), ELMED Medical Systems (Turkey), Rocamed (France), Maxer Endoscopy (Germany), ProSurg (US), and Vimex Endoscopy (Poland).

"The global flexible & semi-rigid ureteroscopy market is projected to grow at a CAGR of 5.4% during the forecast period."

The global flexible & semi-rigid ureteroscopy market is expected to reach USD 1,054.1 million by 2023 from USD 809.6 million in 2018, at a CAGR of 5.4%. Market growth is mainly driven by the increasing incidence of urolithias is across the globe. The growing geriatric population, technological advancements in devices, and infrastructural improvements in healthcare facilities are also other major factors supporting the growth of the flexible & semi-rigid ureteroscopy market in the coming years. However, the high cost of ureteroscopy procedures is expected to limit adoption to a certain extent and restrain market growth during the forecast period.

"The flexible ureteroscopes segment is expected to witness the highest growth rate during the forecast period."

By product type, the flexible & semi-rigid ureteroscopy market is categorized into flexible and semi-rigid devices. The flexible ureteroscopy devices segment is expected to register the highest CAGR during the forecast period. The commercialization of more effective, technologically advanced, simple, and easy-to-use ureteroscopes not only helps with better monitoring and treatment of urologic disorders but also helps curtail treatment costs. This is considered a positive indicator of market growth.

"The urolithias is segment is expected to account for the largest share of the flexible & semi-rigid ureteroscopy applications market in 2018."

Based on application, the flexible & semi-rigid ureteroscopy market is categorized in tourolithias is, urinary stricture, and kidney cancer. In 2018, the urolithias is segment is expected to account for the largest share of the market. Market growth can largely be attributed to the increasing incidence of kidney stones and the widespread adoption of ureteroscopes over other treatment options.

"Asia is estimated to register the highest CAGR during the forecast period."

Geographically, the flexible & semi-rigid ureteroscopy market is dominated by North America, followed by Europe. However, Asia is expected to register the highest CAGR during the forecast period. Growth in this region can be attributed to the developing healthcare infrastructure, rising burden of chronic diseases, and increasing initiatives to promote the use of ureteroscopy devices.

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In the end, the Global Flexible & Semi-rigid Ureteroscopy Market report's conclusion part notes the estimation of the industry veterans.

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