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Ureteral Stents Market Size Estimation, Industry Demand, Growth Strategies, Latest Trend Analysis, Impact of Covid-19, Top Players, Revenue, Forthcoming Development Status and Forecast to 2026
Ureteral stents are used to prevent and treat the blocked ureter, thus allowing urine flow from the kidney. These thin tube are implanted into the ureter with the aid of a cystoscope.The global ureteral stents market was valued at $304 million in 2021, and is estimated to reach $449 million by 2026, growing at a CAGR of 5.7% from 2021 to 2026.
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The Centers for Medicare and Medicaid Services report that US healthcare expenditures grew by 4.6% to US$ 3.8 trillion in 2019, or US$ 11,582 per person, and accounted for 17.7% of GDP. Also, the federal government accounted for 29.0% of the total health expenditures, followed by households (28.4%). State and local governments accounted for 16.1% of total health care expenditures, while other private revenues accounted for 7.5%.
This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.
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Increase in number of kidney transplantation cases across the world, sedentary lifestyles, rise in geriatric population, and surge in incidence of urological diseases, such as kidney stones and urinary incontinence, drive the market growth. In addition, rapid technological advancements, increase in awareness of the population about the treatment of urological diseases, and improvement in healthcare infrastructure fuel the market growth.
However, inadequate availability of skilled professionals and complication associated with the use of stents are expected to restrain the market growth. Conversely, introduction of smart phone applications such as ureteral stent tracker by various key vendors and increase in healthcare investment in emerging nations are expected to provide numerous opportunities for market growth in the near future.
The market is segmented on the basis of product, material, application, end user, and geography. Based on product, the market is classified into open end stents, double pigtail stents, closed end stents, and multiloop stents. By material, it is categorized into metallic stents, and polymer stents.
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Polymer stents is further sub segmented into silicone stents, hybrid stents, and polyurethane stents. The application segment includes kidney stones, kidney transplantation, tumors, urinary incontinence, and others. Kidney stones segment is further segmented into ureteroscopy, lithotripsy, and percutaneous nephrolithotomy.
Depending on end user, the market is divided into hospitals, clinics, and ambulatory surgical centers. Geographically, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, Italy, UK, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the global ureteral stents market with current trends and future estimations to elucidate the investment pockets.
Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
The report offers a quantitative analysis to assist the stakeholders to capitalize on prevailing market opportunities.
Extensive analysis of different segments facilitates to determine various products available in the market.
Key players are profiled and their strategies are analyzed thoroughly to predict the competitive market outlook.
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KEY MARKET SEGMENTS
BY PRODUCT
Open End Stents
Closed End Stents
Double Pigtail Stents
Multiloop Stents
BY MATERIAL
Metallic Stents
Polymer Stents
Silicone Stents
Hybrid Stents
Polyurethane Stents
BY APPLICATION
Kidney Stones
Ureteroscopy
Lithotripsy
Percutaneous Nephrolithotomy
Kidney Transplantation
Tumors
Urinary Incontinence
Others
BY END USER
Hospitals
Clinics
Ambulatory Surgical Centers (ASCs)
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BY REGION
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
LIST OF KEY PLAYERS PROFILED IN THE REPORT
Boston Scientific Corporation
B. Braun Holding GmbH & Co. KG
Cook Group Incorporated
C. R. Bard, Inc.
Coloplast Ltd.
Medline Industries, Inc.
Allium Medical Solutions Ltd.
Pnn Medical A/S
Teleflex Incorporated
Olympus Corporation
LIST OF OTHER PLAYERS IN THE VALUE CHAIN (These players are not profiled in the report. The same will be included on client request)
GBUK Healthcare Ltd.
Red Leaf Medical
Dextronix, Inc.
ROCAMED
Akina, Inc.
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What are the aspects of this report that relate to regional analysis?
The report’s geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.
Reports on the market include the growth rates of each region, which includes their countries, over the coming years.
How are the key players in the market assessed?
This report provides a comprehensive analysis of leading competitors in the market.
The report includes information about the key vendors in the market.
The report provides a complete overview of each company, including its profile, revenue generation, cost of goods, and products manufactured.
The report presents the facts and figures about market competitors, alongside the viewpoints of leading market players.
A market report includes details on recent market developments, mergers, and acquisitions involving the key players mentioned.
Following are the questions answered by the Market report:
What are the goals of the report?
This market report shows the projected market size for the pain management devices market at the end of the forecast period. The report also examines the historical and current market sizes.
On the basis of various indicators, the charts present the year-over-year growth (%) and compound annual growth rate (CAGR) for the given forecast period.
The report includes an overview of the market, its geographical scope, its segmentation, and the financial performance of key players.
The report examines the current state of the industry and the potential growth opportunities in North America, Asia Pacific, Europe, Latin America, and the Middle East, and Africa.
The research report includes various factors contributing to the market’s growth.
The report analyzes the growth rate, market size, and market valuation for the forecast period.
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What factors are taken into consideration when assessing the key market players?
The report analyzes companies across the globe in detail.
The report provides an overview of major vendors in the market, including key players.
Reports include information about each manufacturer, such as profiles, revenue, product pricing, and other pertinent information about the manufactured products.
This report includes a comparison of market competitors and a discussion of the standpoints of the major players.
Market reports provide information regarding recent developments, mergers, and acquisitions involving key players.
What are the key findings of the report?
This report provides comprehensive information on factors expected to influence the market growth and market share in the future.
The report offers the current state of the market and future prospects for various geographical regions.
This report provides both qualitative and quantitative information about the competitive landscape of the market.
Combined with Porter’s Five Forces analysis, it serves as SWOT analysis and competitive landscape analysis.
It provides an in-depth analysis of the market, highlighting its growth rates and opportunities for growth.
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