Ureteroscope Market 2020 Global Industry Analysis, Development, Revenue, Future Growth, Business Prospects and Forecast to 2027: Fortune Business Insights
The global ureteroscope market size is projected to reach USD 1,498.1 million by 2027, exhibiting a CAGR of 5.5% during the forecast period. Increasing incidence of kidney stones is expected to stoke adoption of these devices, states Fortune Business Insights™ in its report, titled “Ureteroscope Market Size, Share &COVID-19 Impact Analysis, By Product (Flexible, Semi-flexible, and Rigid), By Application (Urolithiasis, Urolithial Carcinoma, and Others), End User (Hospitals, Specialty Clinics, and Others), and Regional Forecast, 2020-2027”. A study published by the US National Institutes of Health (NIH) in 2018 revealed that kidney stone disease prevalence and its recurrence is rising. According to the study, 12% of the global population suffers from urolithiasis, which is the process of formation of stones, at some point during their lifetime. Affecting all races, sexes, and age groups, the disease is evidenced to be more prevalent in men than women. Ureteroscopeaid in treating stone diseases as they help in pinpointing the location of the stone formation and help remove them efficiently. Thus, the growing prevalence of urolithiasis (or nephrolithiasis) is anticipated to boost the adoption of these devices in the coming years.Request a Sample Copy of the Research Report:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/ureteroscope-market-103455
As per the report findings, the global ureterscopy market value stood at USD 981.8 million in 2019. Aside from this, the report provides the following:
• Panoramic overview of the general industry trends and outlook;
• Detailed analysis of the factors shaping the market size, share, and overall growth;
• Thorough evaluation of the market segments; and
• In-depth research into the regional developments and competitive dynamics of the market.
Market Driver
Close Linkage between Diabetes and Kidney Stones to Support Market Growth
Kidney stones, or renal calculi, are crystal mass formations that can originate anywhere along the urinary tract. These stones are of various types such as calcium, uric acid, struvite, and cysteine. Research has found that diabetes is one of the most common risk factors for developing kidney stone because the high blood sugar levels in diabetics make their blood more acidic, creating the ideal environment for stones to form. According to the medical journal European Urology, people with type 2 diabetes having high insulin resistance are 92% more likely to form kidney stones than non-diabetic people. With diabetes expected to become more widespread in the coming decades, the demand for stone removal procedures is likely to rise and boost the ureteroscopes market growth in the process.
Regional Insights
Robust Healthcare Infrastructure to be the Key Driving Factor for North America
The US and Canada boast of a strong and developed healthcare infrastructure, with health facilities actively adopting modern medical devices and technologies. This is additionally bolstered by favorable reimbursement policies and growing demand for advanced medical procedures. Together, these factors enabled the market size in the region to reach USD 370.1 million and have a share of 37.7% in 2019. Based on these numbers, it is expected that the region will further strengthen its hold on the ureteroscope market share during the forecast period.
In Asia Pacific, the market is anticipated to expand at a considerable rate owing to increasing presence of global companies in developing countries such as India and China. Improving healthcare expenditure is also aiding the regional market growth.
For more information visit : https://www.fortunebusinessinsights.com/ureteroscope-market-103455
Competitive Landscape
Key Players to Concentrate on Widening Distribution Networks
One of the key focus areas for players in the ureteroscope market is the development and expansion of their global distribution networks. In pursuit of this goal, most companies in this market are collaborating or acquiring regional players to establish their foothold in foreign markets.
Industry Developments:
November 2019: Olympus Corporation inked a deal with the Monaco-based medical products company, Rocamed, to distribute the RocaFlow Double Chamber Pump System and Tubing Sets in Europe. The set includes ureteroscopes for kidney stones andtrans-urethral resection of the prostate.
April 2019: Dornier MedTech commercially released its innovative AXIS™ Single-Use Digital Flexible Ureteroscopes and other stone management products in the US. AXIS has been specifically designed to prevent cross-contamination between patients by ensuring a clean, sterile ureteroscope for every patient.
List of Key Players Covered in this Market Report:
• AED.MD (CA, USA)
• PENTAX Medical
• Richard Wolf GmbH. (Illinois, United States)
• Stryker (Michigan, United States)
• Elmed Electronics & Medical Industry & Trade
Inc
• KARL STORZ (Tuttlingen, Germany)
• Olympus Corporation
Have Any Query? Ask Our Experts:
https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/ureteroscope-market-103455
About Us:
Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights(TM) we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges
Contact Us:
Fortune Business Insights(TM) Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Ureteroscope Market 2020 Global Industry Analysis, Development, Revenue, Future Growth, Business Prospects and Forecast to 2027: Fortune Business Insights here
News-ID: 2124750 • Views: …
More Releases from Fortune Business Insights
Reverse Flame Steam Boiler Market 2023 Dynamics, Major Players, SWOT Analysis, a …
Overview of the Global Reverse Flame Steam Boiler Market 2030:
The report discusses everything a marketer requires before investing in the global Reverse Flame Steam Boiler Market during the forecast period 2023-2030. Reverse Flame Steam Boiler Market Size, Share And Global Trend By Capacity (Up to 100kW, 100-1000 kW, Above 1000 kW), By End-Use (Food Industry, Chemical Industry, Refineries, Metal Industry, Power Plant), And Geography Forecast Till 2022-2029. It provides detailed…
Syngas and Derivatives Market Research Analysis, Size, Share, Growth Highlights …
Overview of the Global Syngas and Derivatives Market 2030:
The report discusses everything a marketer requires before investing in the global Syngas and Derivatives Market during the forecast period 2023-2030. Syngas and Derivatives Market Size, Share and Global Trend By Feedstock(Coal, Petroleum, Natural Gas, Biomass), By Technology(Partial Oxidation, Steam Reforming, Auto-Thermal Reforming, and others), By End User(Chemicals, Power Generation, Liquid Fuels, Gaseous Fuels), and Geography Forecast till 2022-2029. It provides detailed…
Port equipment Market Will Experience An Upswing In Demand, Driven By Top Player …
The Port equipment Market Research Report provides an in-depth analysis of the market landscape and identifies future growth opportunities and trends until 2030. By offering valuable insights, the report enables companies to make informed decisions on business strategies and identify potential areas for growth. With a comprehensive assessment of the market, it equips businesses with the necessary tools to stay ahead of the competition.
With this Port equipment Market research report,…
Modular Chillers Market to reach USD 6.13 billion by 2026, at a CARG of 6.2% | L …
The Modular Chillers Market Report 2023 by Fortune Business Insights provides a comprehensive overview of the market's latest trends, size, regulations, key players, and strategies. The report offers valuable insights into the market's sales and revenue, product type, applications, regions, and leading players. Modular Chillers Market report also covers key players and competitor analysis, providing a comprehensive understanding of the industry's commercial landscape. The report is useful for gaining insights…
More Releases for Ureteroscope
Digitized overhaul to drive the Ureteroscope Market
The Ureteroscope Market is expected to grow on a healthy note further. The current scenario is such that virtual monitoring tools are being called for. They act as a precision factor for the healthcare vertical. With the turning out to be more accessible for patients and providers alike, several post-operative intervention options are being made available for preventing hospital re-admittance and complications. With cost-effectiveness rendered as well, the healthcare vertical…
Global Ureteroscope Market Study 2015-2025, by Segment (Rigid Ureteroscope, Flex …
The global Ureteroscope market will reach xxx Million USD in 2018 and with a CAGR if xx% between 2019-2025.
Product Type Coverage (Market Size & Forecast, Major Company of Product Type etc.):
Download exclusive Sample of this report: @ https://www.researchgoal.com/reports/99SHea20181815768
Rigid Ureteroscope
Flexible Ureteroscope
Demand Coverage (Market Size & Forecast, Consumer Distribution):
Treating of Ureteral Calculi
Treating of Kidney Calculi
Others
Company Coverage (Sales data, Main Products & Services etc.):
Olympus
Richard Wolf
Maxer Germany
Boston Scientific
Karl Storz
Pentax Medical
Stryker
VIMEX
Apex Meditech
SOPRO COMEG
View TOC…
Discover the Growth of the Ureteroscope Market
Ureteroscope is an endoscopic device used in the diagnosis and treatment of kidney stones. It was first discovered by the pioneer in Urology Hugh Hampton Young in 1912. It is a thin tube like fiber with an illuminating light and lens to view, which is passed through the urethra to the bladder and then into the ureter for the diagnosis. The device helps to understand the position of the kidney…
Ureteroscope Market: Industry Overview and Key Factors
Ureteroscope is an endoscopic device used in the diagnosis and treatment of kidney stones. It was first discovered by the pioneer in Urology Hugh Hampton Young in 1912. It is a thin tube like fiber with an illuminating light and lens to view, which is passed through the urethra to the bladder and then into the ureter for the diagnosis. The device helps to understand the position of the kidney…
Ureteroscope Market Snapshot by 2017 – 2025
Ureteroscope is used in a procedure called as ureteroscopy. An ureteroscope is a diagnostic device used to examine the urinary tract from inside. It is endoscopic device which works within the ureter. The other endoscopes used in urology are cytoscope and nephroscope. It is thin fiber like tube with a light and lens to view inside the ureter. The device is used to push back the kidney stone into the…
Ureteroscope Market Expected to Be Biggest Emerging Market by 2024
Ureteroscope is an endoscopic device used in the diagnosis and treatment of kidney stones. It was first discovered by the pioneer in Urology Hugh Hampton Young in 1912. It is a thin tube like fiber with an illuminating light and lens to view, which is passed through the urethra to the bladder and then into the ureter for the diagnosis. The device helps to understand the position of the kidney…