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 Insights

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).

Ureteroscopy, a minimally invasive process in which the ureteroscope is introduced to diagnose, examine, and treat the urinary tract, uses ureteroscopes. The urinary bladder and ureter are where this gadget operates. Individuals are more prone to chronic kidney conditions like kidney stones (urolithiasis), urethral stricture, and kidney cancer as a result of lifestyle changes, increasing consumption of alcoholic beverages and carbonated beverages, decreased water consumption, dietary changes, and lack of exercise.

Optical imaging technological developments and ongoing ureteroscope performance improvements are two of the major factors driving growth of the ureteroscope market. In order to reduce the chances of contamination and hospital-acquired illnesses, disposable ureteroscopes are frequently utilised. As a result, high-quality patient care is provided with improved financial feasibility. The use of ureteroscopies to treat urolithiasis, benign prostatic hyperplasia, and urothelial cancer is increasing in popularity. To reduce the risk of infections associated with ureteroscopy, regulatory authorities established strict regulations, which accelerated the development of disposable ureteroscopes.

US Ureteroscope Market is poised to grow at a sustainable CAGR for the next forecast year.

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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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