The increasing prevalence of kidney diseases is expected to drive the growth of the global disposable ureteroscope market in the forecast period, 2024-2028.
According to TechSci Research report, “Global Disposable Ureteroscope Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028”, The Global Disposable Ureteroscope Market is anticipated to grow at an impressive rate in the forecast period, 2024-2028. This can be ascribed to the increasing demand for minimally invasive surgeries because they are economically viable and safer, and also reduce the waiting time in hospitals. Additionally, the growing geriatric population along with the demand for advanced treatment and multiple treatment options by patients diagnosed especially in the developed countries in North America and Europe is expected to create lucrative opportunities for market growth in coming years. Besides, the increasing prevalence of chronic kidney diseases and rapid innovations in product performance and optical imaging is further expected to support the market growth. Similarly, the growing prevalence of urolithiasis and urolithic cancer is expected to create significant growth during the forecast period. Also, the growing adoption of disposable flexible disposable ureteroscope and the increasing percentage of the obese population also positively impact the growth of the market over the years.
However, high cost of the disposable ureteroscope device for the treatment of kidney diseases in the developing countries slow down the growth of global disposable ureteroscope market in the forecast period. Similarly, high risks and complications associated with device may hamper the disposable ureteroscope market growth during the forecast period. Also, lack of awareness regarding the advanced treatment and lack of healthcare infrastructure in emerging countries can further restrict the growth of global disposable ureteroscope market.
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The global disposable ureteroscope market can be segmented by product type, application, end user and by region.
Based on product type, the global disposable ureteroscope market can be divided into Flexible and Rigid. The flexible segment dominated the market in 2022 and is expected to continue maintaining its dominance throughout the forecast period. This can be ascribed to increasing development in device technology and clinical applications along with demand for advanced technology for the diagnosis of kidney diseases. Similarly, the growing adoption of optical imaging for the detection of kidney diseases will drive the growth of the market over the years.
Based on end user, the market can be segmented into Hospitals & Clinics, Diagnostic Centers, Others. The hospital and clinics segment is expected to dominate during the forecast period on account due to the increasing number of skilled healthcare professionals along with favorable reimbursement policies across the globe. Similarly, the expansion of healthcare infrastructure along with rising the number of specialty clinics across the globe is further driving the market during the forecast period. Also, the growing geriatric population is more susceptible for bladder cancer which will further boost the growth of the market during the forecast period.
Major companies operating in the global disposable ureteroscope market are:
- Boston Scientific Corporation
- Richard Wolf GmbH
- Olympus Corporation
- FUJIFILM Holdings Corporation
- Karl Storz GmbH
- Smith & Nephew Inc.
- Hoya Corporation (Pentax Medical)
- Elmed Electronics & Medical Systems S.A.
- Dornier MedTech GmbH
- Stryker Corporation
In May 2021, Uro Viu Corporation announced they received clearance from the U.S. FDA to commercialize its third device Uro-G, a flexible single-use cystoscopy and this device has a fully deflectable tip that would help physicians perform interventional and diagnostic procedures.
In June 2020, Dornier Medtech announced that they had launched their new product AXIS single-use digital flexible disposable ureteroscopy and stone management produced in the U.S, showcasing these products at Chicago's 2019 American Urology Association Meeting.
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“North America is expected to dominate in the global disposable ureteroscope market on account due to the increasing prevalence of diabetic foot ulcers among the population across the region. Furthermore, increasing the number of highly established healthcare systems by government organizations along with the increasing number of major key players across the region are further contributing to the demand for disposable ureteroscope. Besides, growing cases of pediatric stones cases, across the region, the growing importance of ureteroscope over other stone removal techniques and growing awareness about using advanced technology among patients with healthcare providers in the region is further expected to create lucrative opportunities for the market growth” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Disposable Ureteroscope Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product Type (Flexible v/s Rigid), By Application (Urolithiasis, Urethral Stricture, Kidney Cancer, Others), By End User (Hospitals & Clinics, Diagnostic Centers, Others), By Region and Competition”, has evaluated the future growth potential of global disposable ureteroscope market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global disposable ureteroscope market.
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