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Urinary Stents Or Ureteral Stents Market Size Forecasted To Achieve 0.66 Billion By 2029 With Steady Growth
Urinary Stents Or Ureteral Stents
What Is the Urinary Stents Or Ureteral Stents Market Size and Projected Growth Rate?
Over the past few years, the market size of ureteral or urinary stents has experienced substantial growth. The market is projected to expand from $0.48 billion in 2024 to $0.51 billion in 2025, boasting a compound annual growth rate (CAGR) of 6.87%. This growth during the historic period is credited to various factors such as a surge in urological conditions, rising demand for state-of-the-art urinary stent solutions, growing preference for minimally invasive procedures, increased attention to patient comfort and shorter recovery times, as well as a heightened focus on the technological improvements in stent materials.
In the upcoming years, the market for urinary or ureteral stents is predicted to experience significant expansion, reaching a value of $0.66 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 6.64%. This projected growth can be attributed to factors such as an increased demand for bespoke urinary stent solutions, heightened health consciousness among patients, the increasing incidence of kidney stones, a rise in healTH*Care investment, and a growing elderly population. Key trends to watch within this period include enhancements in minimally invasive techniques, improvements in the design of ureteral stents, the launch of new products, technological advancements, and developments in biodegradable hydrogel stents.
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What Are the Major Segments in the Urinary Stents Or Ureteral Stents Market?
The urinary stents or ureteral stents market covered in this report is segmented -
1) By Product Type: Open End Stents, Closed End Stents, Double Pigtail Stents, Multiloop Stents
2) By Material: Metallic Stents, Polymer Stents, Biodegradable Hydrogel Stents
3) By Application: Kidney Stones, Kidney Failure, Urinary Tract Infection, Urinary Incontinence, Other Applications
4) By End-user: Hospitals And Specialty Centers, Ambulatory Surgical Centers, Academic and Research Institutes
Subsegments:
1) By Open End Stents: Standard Open End Ureteral Stents, Silicone Open End Stents
2) By Closed End Stents: Standard Closed End Ureteral Stents, Anti-reflux Closed End Stents
3) By Double Pigtail Stents: Coiled Double Pigtail Stents, Silicone Double Pigtail Stents
4) By Multiloop Stents: Metallic Multiloop Stents, Polymeric Multiloop Stents
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What Are The Driving Urinary Stents Or Ureteral Stents Market Evolution?
The rise in kidney disease cases is anticipated to spur the expansion of the urinary stents or ureteral stents market. Kidney diseases encompass issues such as chronic kidney disease (CKD), kidney stones, urinary tract obstructions, and infections which impair the kidneys' functionality and structure. Factors contributing to the increasing global instances of kidney diseases include a rising prevalence of diabetes, hypertension, obesity, an aging population, unhealthy lifestyle habits, environmental influences, and late diagnoses. Urinary stents have a critical function in kidney disease management by providing correct urine flow, blocking obstructions, and sustaining kidney operation, especially in conditions such as chronic kidney disease, kidney stones, and urinary tract blockages. For instance, in December 2024, the Australian Institute of Health and Welfare, a government agency in Australia, reported that mortality rates related to chronic kidney disease (CKD) rose by 4.2% in 2021 to 6.2% in 2022. Consequently, the growing occurrence of kidney diseases is fueling the urinary stents or ureteral stents market's advancement.
Which Firms Dominate The Urinary Stents Or Ureteral Stents Market Segments?
Major companies operating in the urinary stents or ureteral stents market are Becton, Dickinson and Company, Stryker Corporation, Boston Scientific Corporation, Coloplast A/S, Teleflex Incorporated, Cook Medical LLC, Merit Medical Systems Inc., Lepu Medical Technology Co. Ltd., Olympus Corporation, Applied Medical Resources Corporation, Ameco Medical Equipment LLC, Well Lead Medical Co. Ltd., Micro-Tech Nanjing Co. Ltd., Medi-Globe GmbH, Pnn Medical A/S, Taewoong Medical Co. Ltd., Rocamed SAM, HydrUStent SA, Urovision GmbH, MED PRO MEDICAL B.V.
What Trends Are Expected to Dominate the Acquired Autoimmune Hemolytic Anemia Market in the Next 5 Years?
Leading firms in the ureteral stents or urinary stents market are concentrating on the creation of innovative products like cutting-edge stents, which help to reduce discomfort for patients and lower the danger of infections. A new kind of stent, termed a novel stent, with unique features or enhancements over existing stents is being developed. A case in point is from May 2022 when University Hospitals, a healTH*Care system based in the US, teamed up with the Ureteral Stent Company, a US manufacturing company, to gain FDA 510k clearance for their Relief Ureteral Stent. This stent is produced with high tech materials and its unique structure aids in boosting comfort for patients while lessening the risk of problems such as migration or encrustation. The stent is designed for superior durability and flexibility ensuring top-notch long-term performance in patients with urinary tract blockages. The FDA's approval of this product emphasizes its safety, effectiveness, and readiness for clinical application, signaling a positive development in the urology field.
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Which Is The Largest Region In The Urinary Stents Or Ureteral Stents Market?
North America was the largest region in the urinary stents or ureteral stents market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the urinary stents or ureteral stents market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Urinary Stents Or Ureteral Stents Market?
2. What is the CAGR expected in the Urinary Stents Or Ureteral Stents Market?
3. What Are the Key Innovations Transforming the Urinary Stents Or Ureteral Stents Industry?
4. Which Region Is Leading the Urinary Stents Or Ureteral Stents Market?
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