Published on : Feb 07, 2018
Albany, New York, February 7, 2018: Owing to the higher accuracy and least rate of problems when compared to traditional methods of kidney stone removal, ureteroscopes has been gaining wide acceptance in hospitals, ambulatory surgical centers and imaging centers. A new report, titled “Ureteroscopes Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017 – 2025” has been broadcasted to the wide repository of Market Research Hub (MRH), which studies the current as well as future prospects of the global ureteroscopes market until the end of 2025. This 217-page study has been analyzed on the basis of product type, applications, end-users, and their regional as well as national markets in terms of revenue (US$ Mn).
Ureteroscopes is a thin tube-like device, which helps to understand the position of the kidney stone and also in the treatment of kidney stone removal. It is a minimally invasive procedure to remove the kidney stone. From the past few years, increasing incidence of kidney stones diseases and rising prevalence of urologic cancers globally are anticipated to boost the growth of the global ureteroscopes market during forecast period. As per the key evaluations, the global ureteroscopes market will rise at a CAGR of 4.2% between 2017 and 2025. By the concluding forecast year, the market has been forecasted to gain a value of US$1.1 bn, from a US$0.8 bn bagged in 2017.
Geographical Expansion and Major Insights
Moreover, the research analyses market expansion in major regions such as Latin America, North America, Asia Pacific, Europe, and Middle East & Africa (MEA). While analyzing these regions, a detailed qualitative analysis of the factors responsible for driving and restraining the growth of the ureteroscopes market in above regions has been provided. In addition, the report provides a detailed outline/blueprint of the ureteroscopes market globally that will assist new companies in establishing their presence and market players in expanding their market share in the market. Furthermore, the authors have discussed about recent developments and strategies anticipated to be adopted by the players profiled in the study.
The market has been analyzed on the basis of major segments based on the product type, applications and end-user. By product type, the global ureteroscopes market can be segmented into semi-rigid ureteroscopes, flexible ureteroscopes, and rigid ureteroscopes. In terms of applications, the global ureteroscopes market is segmented into therapeutic applications and diagnostic applications. Among various product type, the market could appear the lead secured by flexible ureteroscopes. By region, North America has been projected to maintain its dominance in the market while obtaining a higher share of US$0.4 bn by 2025.
The study further also finds that rising research and development activities in flexible video-ureteroscopes, invention of disposable ureteroscopes devices, and increasing adoption of technologically advanced ureteroscopes are also propelling the growth of the global ureteroscopes market.
At present, major players operating in the global ureteroscopes market includes AED.MD, Olympus Corporation, Stryker, Richard Wolf, SCHÖLLY FIBEROPTIC GMBH, KARL STORZ SE & Co. KG, PENTAX Medical, Boston Scientific Corporation, Elmed Electronics & Medical Industry & Trade Inc., and OPCOM Inc.
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