Press release
Ureteral Stents Market Size to Surpass US$ 625.17 million by 2030 with Regional Trends, Opportunities, Challenges
Ureteral stent is a thin hollow tube that is inserted into the ureter to alleviate blockages in the kidney's urine flow. These stents are used to treat various urological disorders, such as kidney stones, tumors, and urinary incontinence. These ureteral stents allow remaining fragments to pass through without blocking the ureter. In fact, any urological or kidney-related procedure mostly necessitates the use of a ureteral stent for the ureter to recover properly. The ureteral stent removal takes place after treatment procedure. Furthermore, the high prevalence of prostate cancer, tumors, or ureteral narrowing/scarring necessitates the use of ureteral stents during and after therapy.Allied Market Research has published a study report with the title Ureteral Stents Market Size was Valued at USD 362.34 million in 2020, and is Projected to Garner USD 625.17 million by 2030, registering a CAGR of 5.6% from 2021 to 2030.
Drivers, restraints, and opportunities-
Significant surge in the cases of urological diseases caused by colonization of microorganisms or sedentary lifestyle, growth in the geriatric population, and rise in healthcare investments in developed and developing countries are expected to drive the growth of the global ureteral stents market. On the other hand, lack of skilled professional is expected to hinder the growth to some extent. However, development of ureteral stent tracker products is expected to create ample opportunities for the industry.
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Top Companies of Portable Ultrasound Scanners: -
The key players analyzed in the global ureteral stents market report include 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, and Olympus Corporation.
Ureteral Stents Market Segmentation: -
The report offers a detailed segmentation on the global ureteral stents market based on product type, material, application, end-user and region.
Based on material, the metallic stents segment held the largest market share in 2020, garnering more than two-thirds of the global market. The polymer stents segment, on the other hand, is expected to cite the fastest CAGR of 7.5% during the forecast period.
Based on application, the urinary continence segment, held the majority market share in 2020, holding more than half of the global ureteral stents market. The kidney stones segment, on the other hand, is predicted to exhibit the fastest CAGR of 7.9% during the forecast period.
Based on region, the market across North America held the lion's share in 2020, garnering more than two-fifths of the global market. The Asia-Pacific region, on the other hand, is predicted to cite the fastest CAGR of 6.3% during the forecast period.
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Our Market Research Solution Provides You Answer to Below Mentioned Question:
Which are the driving factors responsible for the growth of market?
Which are the roadblock factors of this market?
What are the new opportunities, by which market will grow in coming years?
What are the trends of this market?
Which are main factors responsible for new product launch?
How big is the global & regional market in terms of revenue, sales and production?
How far will the market grow in forecast period in terms of revenue, sales and production?
Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
Which region has more opportunities?
By Region Outlook
• North America
(U.S., Canada, Mexico)
• Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
• Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
• LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
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