Impact Analysis of Covid-19 On Ureteral stents Market Rapidly Develop | HydrUStent, LDA, UROMED Kurt Drews KG, Taewoong Medical Co., Ltd

Increasing number of product launches by key players is expected to drive growth of the global ureteral stents market. For instance, in April 2018, Dornier MedTech announced the launch and availability of AXIS Single-Use Digital Flexible Ureteroscope and Stone Management Products such as ureteral stents and guidewires at the 2019 American Urology Association Meeting in Chicago, U.S. In June 2019, Merit Medical Systems, Inc. acquired Brightwater Medical, Inc., to align Merit’s resolve drainage catheter portfolio with the Brightwater’s ConvertX biliary stent system to enhance the company’s sales outside the U.S.

Moreover, facility expansions by market players is expected to contribute to the market growth. For instance, in March 2019, Pnn Medical A/S announced its entry in the France market through its own operating sales force in February 2019.

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The global ureteral stents market is ever changing and there is fierce competition in the market, in which market players are trying to innovate their stenting technologies for better performance and medical outcomes.

Companies are focused on developing technologies that can bypass limitations such as infection, discomfort, and other urological disorders. For instance, in January 2019, Q Urological Corporation developed an aqueous hydrogel biomaterial, pAguamedicina, and a patented processing method for production of very high aqueous content to produce 100% all hydrogel catheters and stents.

Increasing number of product approvals from regulatory agencies is also expected to generate significant demand for ureteral stents during the forecast period. For instance, in November 2018, BrightWater Medical, Inc. received the U.S. FDA approval for its ConvertX Nephroureteral Stent System for ureteral obstructions.

Increasing prevalence of urolithiasis worldwide, owing to changes in lifestyle such as dietary habits or sedentary lifestyle is a major factor driving the ureteral stents market growth. Urolithiasis is a urologic disorder, and places a significant burden on the healthcare system. According to a study published in the National Center for Biotechnology Information (NCBI), in October 2018, an estimated 1 to 19% of the population in India is suffering from urolithiasis.

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Detailed Segmentation:

Global Ureteral Stents Market, By Product Type
Double Pigtail Stents
Multiloop Stents
Global Ureteral Stents Market, By Product Type
Metal Stents
Polymer Stents
Silicone Ureteral Stents
Hybrid Ureteral Stents
Polyurethane Ureteral Stents
Global Ureteral Stents Market, By Application
Kidney Stones
Ureteroscopy
Lithotripsy
Percutaneous Nephrolithotomy
Kidney Transplantation
Urinary Incontinence
Tumors
Others
Global Ureteral Stents Market, By End User:
Hospitals
Gastrointestinal Surgery Clinics
Ambulatory Surgical Centers

Key players operating in the Ureteral Stents Market include HydrUStent, LDA, UROMED Kurt Drews KG, Taewoong Medical Co., Ltd., Pnn Medical A/S, Optimed Medizinische Instrumente GmbH, Applied Medical Resources Corporation, Allium Medical Solutions Ltd., Cook Group, Becton, Dickinson And Company, B. Braun Melsungen AG, Coloplast A/S, Q Urological Corporation, Boston Scientific Corporation, Olympus Corporation, and Teleflex Incorporated.

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NOTE: Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details

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