Global Ureteroscopes Market to Grow at 4.2% CAGR to Surpass US$ 1 Bn in Revenues by 2025

Recently, a new comprehensive report titled “Ureteroscopes Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017 – 2025” has been added to the database of Market Research Reports Search Engine (MRRSE). The global ureteroscopes market is projected to increase at a CAGR of 4.2% during the assessment period, and surpass a valuation of over US$ 1 Bn by the end of the assessment period.

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The report is a comprehensive source of information and analysis that offers valuable insights on the global ureteroscopes market. A detailed analysis on all the drivers, restraints, opportunities, and threats has been offered in the report. The qualitative market dynamics section offered in the report gives readers holistic analysis on the key factors at play in the global market. In addition to the detailed qualitative analysis, the report also offers lucid competitive analysis on the key players operating in the region.

According to the report, demand for ureteroscopes is gaining traction owing to rising preference for early detection and effective treatment of urological disorders. The focus on minimally invasive surgeries, combined with effectiveness of ureteroscopes has meant that their adoption among surgeons and healthcare providers has been robust.

The report segments the global ureteroscopes market into end user, applications, product type and region. The end user segment is further categorized as diagnostic imaging centers, ambulatory surgical centers, specialty clinics and hospitals. By end-use, hospitals continue to account for the highest revenue share of the market, and the status quo is likely to remain unchanged during the assessment period.

On the basis of applications segment, the global market is bifurcated into Therapeutic Applications (Ureteral Stinctures, Urolithiasis, Kidney Cancer and others) and Diagnostic Applications. Among these, use of ureteroscopes in therapeutic applications is likely to provide an impetus to market growth during the assessment period.

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The product type segment is sub-segmented into Semi-rigid Ureteroscope, Flexible Ureteroscope (Digital Ureteroscope and Fiberoptic Ureteroscope) and Rigid Ureteroscope. Among these, demand for flexible ureteroscopes is likely to remain significant during the forecast period. Use of flexible ureteroscopes in kidney stone removal is one of the key factors driving the growth of this product segment.

Geographically, the market is divided into key regions globally which are North America, Latin America, Europe, Asia Pacific and Middle East & Africa. North America is one of the largest markets for ureteroscopes globally, with US accounting for a major revenue share of the market. In addition to the US, Europe is another significant market for ureteroscopes globally.

The report also profiles some of the leading players and their business and product strategies. Some of the key players profiled in the report are Olympus Corporation, Stryker, Boston Scientific Corporation, Richard Wolf, PENTAX Medical, KARL STORZ SE & Co. KG, Elmed Electronics & Medical Industry & Trade Inc., SCHOLLY FIBEROPTIC GMBH, AED.MD, OPCOM Inc., Prosurg, Inc. (NeoScope Inc.), SOPRO-COMEG GmbH, Maxerendoscopy, ROCAMED and EMOS Technology GmbH.

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This release was published on openPR.