Ureteral stents Market 2020 Is Booming Across the Globe by Business Outlook, Growth and Opportunity 2027 | HydrUStent, LDA, UROMED Kurt Drews KG, Taewoong Medical Co., Ltd., Pnn Medical A/S, Optimed Medizinische Instrumente GmbH

The latest research report provides a complete analysis of the Global Ureteral stents Market for the forecast year 2020-2027, which is beneficial for companies regardless of their size and revenue. This survey report covering the major market insights and industry approach towards COVID-19 in the upcoming years. The market strategies undertaken, with respect to the current and future scenario of the industry, have also been listed in the study.

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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.

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Increasing prevalence of urological and kidney related disorders is expected to result in a high demand for ureteral stents over the forecast period. For instance, according to the study published by the National Center for Biotechnology Information (NCBI), in October 2018, an estimated 1 to 19% of the population in India is suffering from urolithiasis.

Furthermore, increasing demand for kidney transplant procedures is expected to be another factor contributing to the market growth. For instance, according to the Global Observatory on Donation and Transplantation, 2016, around 89,823 kidney transplant surgeries were performed worldwide in 2016, which was an increase by 6.5% from 2015.

Manufacturers in the ureteral stents market are engaged in product developments and technological innovations which is expected to drive the global ureteral stents market growth. Additionally, increasing focus of physicians towards minimally invasive treatment of ureteral stricture is a major reason driving growth of the market. For instance, C-Flex Double Pigtail Ureteral Stent product from Cook Medical is used for temporary internal drainage from the ureteropelvic junction to the bladder. Some of the key players offering pigtail stents are Boston Scientific, Olympus Medical Corporation, SILMAG, UROMED, Coloplast Ltd, and C.R Bard. Increasing number of product developments and focus on product improvement are contributing significantly to the growth of the global ureteral stents market.

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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

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