Global Flexible and Semi-rigid Ureteroscopy Market by Product (Semi-rigid, Flexible), by Application (Urolithiasis, Urinary Stricture) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

In 2017, the global flexible and semirigid Ureteroscopy market was worth USD 756.3 million. The market is expected to grow at a 5.1% CAGR over the forecast period. This market will be driven by the rising incidence of urolithiasis and rapidly growing geriatric population.

About 15% of the world's population is affected by urolithiasis. Urolithiasis affects all races, sexes and ages, but it is more common in the 20-49 age range. Urolithiasis management is greatly improved by ureteroscopy. It is therefore considered the first-line treatment for stones of the urinary tract.

Ureteroscopy can be used to treat ureteral tumors, stones, and strictures. It is safe and effective. The technological advances such as single-use flexible Ureteroscops and diversification of applications have made it more popular over the years.

Technological advancements in the size and design area of ureteroscopes has allowed easier access to the ureter and kidney via the urethra, eliminating the need for any surgical incision.Furthermore, with semi-rigid and flexible ureteroscopes nearly all parts of urinary tract can be easily assessed, with high quality digital optics providing accurate assessment of mucosal lesions and stones.

The greatest benefit of ureteroscopes for a procedure is the fact that there are very few contra-indications. Due to rising obesity, bleeding diathesis and pediatric stone disease, the role of ureteroscopes is being expanded. Obesity is on the rise and obese people are more likely to develop kidney stones. This will likely accelerate the growth of flexible and semi-rigid Ureteroscopy.

There is a higher risk of anesthesia and treatments like shock wave lithotripsy and percutaneous nephrolithotomy can often fail. Ureteroscopy is often the best option for obese patients. This can drive the market's growth over the forecast period.

Product Insights

Due to its wide usage, flexible ureteroscopes held the largest market share in terms revenue in 2017. Flexible ureteroscopes have been deemed the best option for treating kidney stones and ureter stones. These devices are accurate and efficient and can reduce the treatment cost. Hospitals and ambulatory surgery centers are moving from semi-rigid to fully digital flexible Ureteroscopes. This is expected to be a positive factor for market growth over the next years.

Major players are also focusing their efforts on the development of technologically advanced ureteroscopes. This will further accelerate market growth. Boston Scientific, Olympus and Richard Wolf are the key market players that offer flexible ureteroscopes.

Application Insights

The flexible & semirigid market for ureteroscopy is divided into three categories based on their application: urolithiasis (or urinary stricture) and kidney cancer. In 2017, urolithiasis was by far the most profitable segment in terms revenue. The high prevalence of kidney stones is expected to keep it at the top of the market for the forecast period.

According to a journal called Urology Annals, kidney stones are a very common condition that affects people all over the world. It is estimated that approximately 7% of adults have it. The global incidence of kidney stones is expected to increase by as much as 15%. According to estimates, around 13% of men and 7% of women will get a kidney stone in their lifetimes.

End-use Insights

The market can be divided into hospitals, ambulatory surgery centers and other segments based on its end-use. In 2017, hospitals accounted for the largest market share and will likely continue to hold that position in the future. Hospitals are the preferred location for diagnostic tests, due to their accessibility. This will be a positive factor for segment growth during the forecast period.

Over the forecast period, significant growth is expected in the ambulatory surgical center segment. Payers and governments are shifting to value-based care as they analyze the costs. Outpatient surgery will likely see a rise over the next few years. Because it's convenient and affordable, consumers prefer to have minor surgery done in an outpatient setting. This will reduce the number of follow-up visits, and shift away from emergency departments and hospitals.

Regional Insights

In 2017, North America was second in revenue generation, followed by Europe. They are able to continue their dominance due to the presence of market leaders such as Elmed Medical Systems, Stryker, Boston Scientific and Stryker. North America is the largest market for ureteroscopes. The region's continued dominance can also be attributed to its well-established healthcare infrastructure, patient knowledge, and the availability of sophisticated instruments.

Asia Pacific will likely see the most rapid growth during the forecast period due to increasing incidences of urolithiasis and growing geriatric populations. The market will be driven by the demand for better diagnosis and unmet medical needs in the coming years.

Market Share Insights on Flexible and Semi-rigid Ureteroscopy

Olympus Medical AG, Stryker Medical Systems, Maxer Endoscopy and Richard Wolf are the key market players. To increase their market share, players are employing different strategies, including geographic expansion, business collaborations and R&D activities.

Boston Scientific, for example, launched the single-use digital Ureteroscope LithoVue in Europe and the U.S. The system is designed to allow seamless navigation and digital visualization, ensuring that patients have the best possible clinical performance. It is able to overcome the difficulties associated with unpredicted scope maintenance, repairs, sterilization, and degradation in scope performance over time, unlike reusable ureteroscopes.

Market Report Scope Flexible and Semi-rigid Ureteroscopy

The Report Covers Certain Segments

This report provides a forecast of revenue growth at the global, regional, or country level and also analyzes the most recent industry trends in each sub-segment from 2014 to 2025. Grand View Research has divided the global flexible and semi-rigid Ureteroscopy market report by product, application, end user, region, and country.

• Product Outlook (Revenue USD Million, 2014-2025)

  • Flexible Ureteroscopes

    • Digital Ureteroscopes

    • Fiberoptic Ureteroscopes

  • Semi-rigid Ureteroscopes

• App Outlook (Revenue USD Million, 2014-2025)

  • Urolithiasis

  • Urinary Stricture

  • Kidney Cancer

• End-use Outlook (Revenue USD Million, 2014-2025)

  • Hospitals

  • Ambulatory Surgical Centers

  • Other

• Regional Outlook (Revenue USD Million, 2014-2025)

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

  • Asia Pacific

    • Japan

    • China

    • India

  • Latin America

    • Brazil

    • Mexico

  • MEA

    • South Africa

These are the most frequently asked questions about this report

b. Global flexible and semi-rigid market for ureteroscopy was valued at USD 821 million in 2019, and is forecast to grow to USD 861.4 millions by 2020.

b. Global flexible and semi-rigid Ureteroscopy markets are expected to grow at a compound annual rate of 5.1% between 2018-2025, to reach USD 1,124.8 Million by 2025.

b. With a 67% share in 2019, the flexible ureteroscope market dominated both semi-rigid and flexible ureteroscopy markets. This can be attributed to the widespread use of the product at hospitals and ambulatory surgery centers.

b. Boston Scientific, Olympus and Karl Storz Medical AG are some of the key players in flexible and semi-rigid Ureteroscopy markets. Stryker and Elmed Medical Systems are also major players. Richard Wolf and Vimex Endoscopy are other important players.

b. Market growth is being driven by the rising incidence of urolithiasis and a rapidly growing geriatric population.

Up Market Research published a new report titled “Flexible and Semi-rigid Ureteroscopy Market research report which is segmented by Product (Semi-rigid, Flexible), by Application (Urolithiasis, Urinary Stricture), By Players/Companies Richard Wolf, Elmed Medical Systems, Maxer Endoscopy, Olympus, Stryker, Boston Scientific, Vimex Endoscopy, Karl Storz Medical AG”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Flexible and Semi-rigid Ureteroscopy Market Report Segments:

The market is segmented by Product (Semi-rigid, Flexible), by Application (Urolithiasis, Urinary Stricture).

Flexible and Semi-rigid Ureteroscopy Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Flexible and Semi-rigid Ureteroscopy Market

Overview of the regional outlook of the Flexible and Semi-rigid Ureteroscopy Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Flexible and Semi-rigid Ureteroscopy Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Flexible and Semi-rigid Ureteroscopy Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Semi-rigid

                2. Flexible

                1. Urolithiasis

                2. Urinary Stricture

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Flexible and Semi-rigid Ureteroscopy Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Flexible and Semi-rigid Ureteroscopy Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.