The global flexible & semi-rigid ureteroscopy market size is expected to reach USD 1.30 Billion by 2028 according to a new study by Polaris Market Research. The report “Flexible & Semi-Rigid Ureteroscopy Market Share, Size, Trends, Industry Analysis Report, By Application (Urinary Stricture, Upper Urinary Tract Infection, Urolithiasis, Kidney Cancer); By Device Type; By End-Use (Diagnostic Centers, Hospitals, Clinics, Ambulatory Surgery Centers); By Regions; Segment Forecast, 2021 - 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The demand for flexible & semi-rigid ureteroscopy is expected to increase during the forecast period owing to increasing kidney and urinary tract-related disorders, growing patient awareness, and an increasing geriatric population. Growing initiatives to offer enhanced healthcare services to patients, medical reimbursement policies and growing demand from developing economies have significantly increased the demand for flexible & semi-rigid ureteroscopy.
The different applications of flexible & semi-rigid ureteroscopy include urinary stricture, upper urinary tract infection, urolithiasis, kidney cancer, and others. There has been a high market demand registered for urolithiasis among patients owing to increasing cases of kidney stones among the population. Increasing consumption of fast food and aerated beverages, lack of physical exercise, and changing consumer lifestyle have increased the demand for flexible & semi-rigid ureteroscopy from this segment.
The flexible ureteroscopy accounted for a major share of the global market for flexible & semi-rigid ureteroscopy. Market players are introducing advanced and cost-efficient flexible ureteroscopy solutions in the market to offer improved accuracy and effectiveness. Governments across the globe are investing significantly in the development of advanced healthcare infrastructure, boosting market growth.
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Flexible & semi-rigid ureteroscopy procedures are performed in diagnostic centers, hospitals, clinics, ambulatory surgery centers, and others. The hospital segment accounted for the highest share in 2020. The high number of kidney stone procedures performed in hospitals coupled with the availability of advanced medical equipment and government initiatives to offer advanced healthcare services to patients supports the growth of this segment.
North America dominated the global market for flexible & semi-rigid ureteroscopy in 2020 and is expected to maintain its dominance over the forecast period. Growing cases of kidney-related diseases, changing consumer lifestyles, and the presence of established healthcare infrastructure support market growth in this region. However, Asia Pacific is expected to exhibit significant growth during the forecast period. The increasing geriatric population coupled with rising awareness among patients fuels the growth in this region.
Some of the major market participants 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.
Polaris Market Research has segmented the flexible & semi-rigid ureteroscopy market report on the basis of application, device type, end-use, and region:
Flexible & Semi-Rigid Ureteroscopy Application Outlook (Revenue, USD Million, 2016 - 2028)
Flexible & Semi-Rigid Ureteroscopy Device Type Outlook (Revenue, USD Million, 2016 - 2028)
Flexible & Semi-Rigid Ureteroscopy End-Use Outlook (Revenue, USD Million, 2016 - 2028)
Flexible & Semi-Rigid Ureteroscopy Regional Outlook (Revenue, USD Million, 2016 - 2028)