Global Ureteroscope Market

Ureteroscope Market Size, Share, Growth Analysis, By Product(Flexible Ureteroscopes, Digital Ureteroscopes, Rigid Ureteroscopes & Semi-Rigid Ureteroscopes), By Application(Urolithiasis, Urethral Stricture & Kidney Cancer), By End-User(Hospitals, Clinics & Diagnostic Centers), By Region - Industry Forecast 2024-2031


Report ID: SQMIG20I2079 | Region: Global | Published Date: April, 2024
Pages: 157 | Tables: 88 | Figures: 76

Ureteroscope Market Dynamics

Ureteroscope Market Driver

  • A Rise in Renal Disease Cases

Ureteroscopes market is being driven by the rising prevalence of chronic kidney illnesses as well as the quick development of optical imaging and product performance. In 2021, the CDC reported that the prevalence of chronic renal disease was highest in people 65 years and older (38%) followed by people in the 45–64 age range (12%) and people between the ages of 18 and 44(6%). Chronic kidney disease is more likely to develop in those with cardiovascular disease and diabetes, which would directly affect the demand for minimally invasive procedures like ureteroscopy. The rate of procedures is expected to significantly rise, which will accelerate ureteroscopy adoption.

  • Technological Developments

Over the past three decades, numerous minimally invasive urological procedures have seen significant progress in both technology and clinical applications. Flexible urethroscopic surgery (fURS) is now a commonly used diagnostic and therapeutic procedure for a variety of upper urinary tract disorders in the global ureteroscopes market. Upper urinary tract stone therapy using the Holmium: Yttrium Aluminum Garnet (YAG) laser lithotripsy is the most frequent indication for fURS. The use of fURS in the treatment of urolithiasis has expanded to cover larger and more complicated stones as a result of improvements in endoscopic technologies and surgical methods. The use of fURS has proven to be a safe and successful therapy with little risks. As fURS develops, it may become more clinically applicable and take the place of existing treatments as the standard of care for treating urolithiasis. The ease of clinical use is a result of the ureteroscope's technological advancements and developments. Another factor that will fuel the growth of the global ureteroscope market during the projected period is technologically advanced and upgraded equipment like robotic ureteroscopy, where the surgeon controls ureteroscopy using a joystick. Increased number of research and development activities have also supported the emergence of upcoming technologies, for example in Japan, Olympus Corporation started a study on ureteroscopes in May 2018 that resulted in the development of ureteral cannulation treatment.

Ureteroscope Market Restraint

  • Limitations to the Applications of Ureteroscope

Excessively large, unusually shaped, or extremely hard stones cannot be treated by ureteroscopy; instead, open surgery or, occasionally, percutaneous nephrolithotomy is required. complications such the potential for infection, haemorrhage, or ureter damage are further affecting the growth of the ureteroscopes market. If the ureter is too tiny, a stent may be placed to maintain it open for one to two weeks until the surgery is carried out later.

  • High Cost of Ureteroscopy Procedures

The expansion of the worldwide ureteroscope market is threatened by the high cost of ureteroscopy treatments. The market's growth is further constrained by the availability of various low-cost treatment options such open surgery, percutaneous nephrolithotomy, and extracorporeal shock wave lithotripsy (ESWL). Therefore, it is anticipated that the high cost of ureteroscopy treatments will restrict ureteroscope adoption to a considerable extent and restrain market growth over the projection period.

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Global Ureteroscope Market size was valued at USD 807.34 million in 2019 and is poised to grow from USD 851.74 million in 2023 to USD 1379.05 million by 2031, growing at a CAGR of 5.5% in the forecast period (2024-2031).

Players in the ureteroscopes market are concentrating on creating cutting-edge items to meet the escalating demand. For instance, Boston Scientific Corporation introduced the LithoVue Empower Retrieval Deployment Device in September 2018 for use with the disposable LithoVue Digital Flexible Ureteroscopes. The launch of the ureteroscope aScope 5 was announced by AMBU A/S in October 2017, and the product is scheduled to go on sale in 2021–2022. 'Olympus Corporation', 'Stryker Corporation', 'Karl Storz GmbH & Co. KG', 'Boston Scientific Corporation', 'Richard Wolf GmbH', 'Elmed Medical Systems', 'ROCAMED', 'Maxer Endoscopy GmbH', 'HOYA Corporation', 'PENTAX Medical (HOYA Corporation)', 'Ethicon US, LLC (Johnson & Johnson)', 'Medtronic plc', 'Cook Medical LLC', 'ConMed Corporation', 'Coloplast Corp.', 'Vimex Endoscopy', 'Cogentix Medical Inc. (LABORIE Medical Technologies)', 'LocaMed Limited', 'Cantel Medical Corporation', 'Tiansong Medical Instrument Co., Ltd.'

A Rise in Renal Disease Cases

In order to reduce hospital-acquired infections, the usage of disposable ureter scopes has grown in the global ureteroscopes market. Additionally, these aid in lowering the possibility of contamination and lastly ensuring the provision of high-quality care to patients with improved financial feasibility. In addition, there has been a noteworthy rise in the need for ureteroscopies to treat prostatic hyperplasia, urolithiasis, and urothelial cancer. In order to reduce the risk of infections brought on by ureteroscopy, regulatory authorities have implemented a few strict requirements. In light of these elements, it has been predicted that the disposable ureteroscope market will expand in the next years.

North America is expected to rule the global ureteroscope market due to favorable reimbursement policies, state-of-the-art healthcare infrastructure, and well-established guidelines for the surgical and medical management of upper tract stone disease, all of which are expected to drive the market for ureteroscopes.

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Global Ureteroscope Market

Report ID: SQMIG20I2079

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