The global flexible & semi-rigid ureteroscopy market size was valued at USD 850.6 million in 2020 and is anticipated to grow at a CAGR of 5.6% during the forecast period. Flexible & semi-rigid ureteroscopy involves the insertion of a scope into the bladder and ureter for diagnosis and treatment of disorders associated with the urinary tract. Flexible & semi-rigid ureteroscopy is used for addressing the presence of kidney stones along with other disorders. Flexible & semi-rigid ureteroscopy is increasingly being used for the detection and treatment of stone or tumors and abnormal tissues in the ureter or kidney.
Know more about this report: Request for sample pages
Technological advancements and the presence of established R&D institutes support the growth of the global market for flexible & semi-rigid ureteroscopy. New product launches and acquisitions by leading players in the market have increased the demand for flexible & semi-rigid ureteroscopy across the globe. In April 2019, Dornier MedTech, a major player in the global market for flexible & semi-rigid ureteroscopy, introduced its new offering, axis single-use digital flexible ureteroscope and stone management products, in the United States.
The new product offering is aimed at providing an instant off-the-shelf, cost-effective solution to offer enhanced image quality and visualization for high effectiveness during flexible & semi-rigid ureteroscopy. It is also designed to address cross-contamination between patients by offering a clean and sterile ureteroscope for each patient. This launch enhances the company’s offerings in the market while strengthening its market presence.
Growing cases of kidney-related disorders, changing consumer lifestyles, and increasing awareness among patients drive the growth of the market. In September 2018, Boston Scientific Corporation introduced LithoVue Empower Retrieval Deployment Device to be used in conjunction with its LithoVue single-use digital flexible ureteroscope and nitinol retrieval basket.
This new product is aimed at aiding the operation of a ureteroscope and basket simultaneously during retrieval of kidney stones through flexible & semi-rigid ureteroscopy. The new product is designed to offer enhanced efficiency and effectiveness during stone removal procedures.
The global market for flexible & semi-rigid ureteroscopy is fueled by the increasing demand from countries such as China, Japan, and India, rising healthcare expenditure, and changing lifestyles in Asia-Pacific. The increasing geriatric population, rising cases of lifestyle diseases, and growing need to provide enhanced patient experience have significantly increased the demand for flexible & semi-rigid ureteroscopy over the years.
The healthcare industry worldwide is attracting significant investments to improve the healthcare infrastructure and develop technologically advanced flexible & semi-rigid ureteroscopy devices. Increasing consumption of fast food and aerated beverages reduced water consumption, and lack of fitness consciousness has resulted in increased cases of kidney-related disorders, supplementing the growth of the market.
Know more about this report: Request for sample pages
The market is primarily segmented on the basis of application, device type, end-use, and region.
By Application |
By Device Type |
By End-Use |
By Region |
|
|
|
|
Know more about this report: request for sample pages
On the basis of application, the market is segmented into urinary stricture, upper urinary tract infection, urolithiasis, kidney cancer, and others. There has been a high demand registered for urolithiasis over the past few years. Increasing cases of kidney stones among kids and adults across the globe have increased the demand from this segment. The rising geriatric population, changing consumer lifestyles, and technological advancements further boost the growth of this segment.
The device type segment has been divided into semi-rigid ureteroscopy and flexible ureteroscopy. The flexible ureteroscopy accounted for a major share of the global market for flexible & semi-rigid ureteroscopy. Flexible ureteroscopy offers enhanced accuracy, efficiency, and cost-effectiveness. Healthcare professionals are increasingly shifting to flexible ureteroscopy for the treatment of ureteral cancer, renal failure, and kidney stones.
On the basis of end-user, the market is segmented into diagnostic centers, hospitals, clinics, ambulatory surgery centers, and others. The hospital segment dominated the global flexible & semi-rigid ureteroscopy market in 2020. The high traffic environment, advanced healthcare infrastructure, an increasing number of kidney stone procedures registered in hospitals, and availability of advanced medical equipment boost the growth of this segment. The presence of experienced medical professionals in hospitals coupled with the emergence of new hospitals in developing economies supports the growth of this segment.
North America dominated the global market for flexible & semi-rigid ureteroscopy in 2020. The increasing occurrence of kidney-related disorders, sedentary lifestyles of consumers, growing research and development activities, and technological advancements are some factors attributed to the growth of this region.
The established healthcare infrastructure, rising awareness, and increasing investments in the delivery of advanced healthcare services to patients drive the market growth. The presence of established market players and the launch of innovative affordable systems further influences the market in North America.
The leading players in the flexible & semi-rigid ureteroscopy market include Olympus Medical Systems, Hoya Corporation, Rocamed, Boston Scientific Corporation, Vimex Endoscopy, Dornier MedTech, Karl Storz SE & Co. KG, Maxer Endoscopy, Stryker Corporation, Elmed Medical Systems, and Richard Wolf GmbH.
These players are expanding their presence across various geographies and entering new markets in developing regions to expand their customer base and strengthen their presence in the market. The companies are also introducing new innovative products in the market to cater to the growing consumer demands.