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Disposable Ureteroscope Market Size 2022, By Segmentations, Growth, Trends & Forecast to 2030
Disposable Ureteroscope Market
Disposable ureteroscope is referred to a type of one-time use medical equipment that is utilized to determine the presence of kidney stones. It is a long and thin tube with a small fibre optic camera attached at the end to observe the urinary tract. The located stones are then directly pulled out using a stone basket or are broken into minute pieces before the extraction process.
Growth determinants and restraints of this business sphere
The rising prevalence of kidney stones owing to lifestyle changes and increasing alcohol consumption along with rapid technological innovations in the field of optical imaging are augmenting the outlook of this market sphere. Alongside, the ability of disposable ureteroscopes to reduce the occurrence of hospital acquired infections is positively swaying the overall industry dynamics.
Furthermore, the growing adoption of ureteroscopes to treat disorders such as urolithiasis, benign prostatic hyperplasia, and urothelial carcinoma is adding momentum to the overall market growth. Besides, rising healthcare expenditure in emerging economies coupled with the developing medical infrastructure are stimulating the industry outlook.
Moreover, escalating demand for minimally invasive surgical procedures like ureteroscopy owing to their benefits such as reduced post-operative complication, shorter hospital stay, and lower collateral tissue damage is creating lucrative market expansion opportunities.
On the contrary, high costs pertaining to these devices and dearth of skilled workforce are hindering the remuneration scope of this business vertical.
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Segmental assessment of global disposable ureteroscope market
Based on product type
Rigid
Flexible
semi-flexible
The flexible segment is poised to amass notable gains over 2022-2030 owing to the growing adoption of digital flexible ureteroscope in the healthcare sector.
By Application
urolithial cancer
urolithiasis
others
The urolithiasis segment is slated to garner significant returns over the estimated timeline ascribing to the rising pervasiveness of urinary stones.
By end user
Clinics
Hospitals
Others
The specialty clinics segment is expected to capture a substantial market share over the stipulated timeframe. This is credited to the rising number of these clinics worldwide and surging healthcare expenditure across emerging economies.
Expounding the geographical landscape and competitive ambit of the market
North America, Middle East & Africa, Europe, Latin America, and Asia Pacific are the major regions defining the geographical ambit of this business sphere. Among these, North America is projected to expand with a high CAGR over 2022-2030. This is attributable to the growing pervasiveness of urinary stones, developing healthcare infrastructure, and accelerating demand for minimally invasive surgeries.
Similarly, Europe is predictive to showcase lucrative growth trends over the forecast period owing to the rising elderly populace, increasing healthcare investments, and the presence of emerging market vendors.
The prominent players operating in global disposable ureteroscope market are FUJIFILM Holdings Corporation, Karl Storz GmbH, Maxer Endoscopy GmbH, Olympus Corporation, OPCOM, PENTAX Medical, Prosurg Inc., Richard Wolf GmbH, Rocamed, Shanghai SeeGen Photoelectric Technology Co., Ltd., Smith & Nephew Inc., Stryker Corporation, Vimex Sp. z o.o., Zhuhai Mindhao Medical Technology Co., AED.MD, Applaud Medical, Inc., Biorad Medisys Pvt Ltd., Boston Scientific Corporation, Dornier MedTech, and Elmed Electronics & Medical Systems S.A.
Notably, in April 2019, Dornier MedTech announced the launched of its advanced disposable digital flexible ureteroscope ranged named AXIS.
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