Ureteroscope Market Size| 2021 Covid-19 Impact On Healthcare Industry Global Analysis By Size, Trends, Growth, Share, Business, Key Players And Regional Forecast latest study published by Fortune Business Insights. The global “Ureteroscope Market” is projected to reach USD 1,498.1 million by 2027, exhibiting a CAGR of 5.5% during the forecast period. Increasing incidence of kidney stones is expected to stoke adoption of these devices, states Fortune Business Insights™ in its report, titled “Ureteroscope Market Size, Share &COVID-19 Impact Analysis, By Product (Flexible, Semi-flexible, and Rigid), By Application (Urolithiasis, Urolithial Carcinoma, and Others), End User (Hospitals, Specialty Clinics, and Others), and Regional Forecast, 2020-2027”.
A study published by the US National Institutes of Health (NIH) in 2018 revealed that kidney stone disease prevalence and its recurrence is rising. According to the study, 12% of the global population suffers from urolithiasis, which is the process of formation of stones, at some point during their lifetime. Affecting all races, sexes, and age groups, the disease is evidenced to be more prevalent in men than women. Ureteroscopeaid in treating stone diseases as they help in pinpointing the location of the stone formation and help remove them efficiently. Thus, the growing prevalence of urolithiasis (or nephrolithiasis) is anticipated to boost the adoption of these devices in the coming years.
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Global Ureteroscope Market Highlights:
The Ureteroscope Market report offers an in-depth analysis of the Ureteroscope industry and the demand drivers by highlighting information on several aspects of the market. Prudent Markets addresses all these aspects and provides the latest scoop and detailed eye-opening study on all major & emerging business segments. In addition to this, the report sheds light on the industry developments by key players, which are contributing to the expansion of this industry. The development scope, feasibility study, Ureteroscope market concentration, and maturity analysis is elaborated in this report.
Information given in the research report pertains to different technological advancements introduced in recent years, which allows for a meticulous analysis of the industry and offers a more comprehensive understanding to the readers.
The outbreak of covid-19 in the global market has made companies uncertain about their future scenario as the prolonged lock-down finds a serious economic slump. The latest survey on COVID-19 Outbreak-Global Ureteroscope Market is conducted to provide hidden gems performance analysis. Essential growth factors and study of Basis points [BPS] have been discussed in the following report. Research Report explains a detailed overview of market dynamics, segmentation, product portfolio, business plans, and the latest development in the industry.
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Robust Healthcare Infrastructure to be the Key Driving Factor for North America
The US and Canada boast of a strong and developed healthcare infrastructure, with health facilities actively adopting modern medical devices and technologies. This is additionally bolstered by favorable reimbursement policies and growing demand for advanced medical procedures. Together, these factors enabled the market size in the region to reach USD 370.1 million and have a share of 37.7% in 2019. Based on these numbers, it is expected that the region will further strengthen its hold on the ureteroscope market share during the forecast period.
In Asia Pacific, the market is anticipated to expand at a considerable rate owing to increasing presence of global companies in developing countries such as India and China. Improving healthcare expenditure is also aiding the regional market growth.
As per the report findings, the global ureterscopy market value stood at USD 981.8 million in 2019. Aside from this, the report provides the following:
- Panoramic overview of the general industry trends and outlook;
- Detailed analysis of the factors shaping the market size, share, and overall growth;
- Thorough evaluation of the market segments; and
- In-depth research into the regional developments and competitive dynamics of the market.
Close Linkage between Diabetes and Kidney Stones to Support Market Growth
Kidney stones, or renal calculi, are crystal mass formations that can originate anywhere along the urinary tract. These stones are of various types such as calcium, uric acid, struvite, and cysteine. Research has found that diabetes is one of the most common risk factors for developing kidney stone because the high blood sugar levels in diabetics make their blood more acidic, creating the ideal environment for stones to form. According to the medical journal European Urology, people with type 2 diabetes having high insulin resistance are 92% more likely to form kidney stones than non-diabetic people. With diabetes expected to become more widespread in the coming decades, the demand for stone removal procedures is likely to rise and boost the ureteroscopes market growth in the process.
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Key Players to Concentrate on Widening Distribution Networks
One of the key focus areas for players in the ureteroscope market is the development and expansion of their global distribution networks. In pursuit of this goal, most companies in this market are collaborating or acquiring regional players to establish their foothold in foreign markets.
November 2019: Olympus Corporation inked a deal with the Monaco-based medical products company, Rocamed, to distribute the RocaFlow Double Chamber Pump System and Tubing Sets in Europe. The set includes ureteroscopes for kidney stones andtrans-urethral resection of the prostate.
April 2019: Dornier MedTech commercially released its innovative AXIS™ Single-Use Digital Flexible Ureteroscopes and other stone management products in the US. AXIS has been specifically designed to prevent cross-contamination between patients by ensuring a clean, sterile ureteroscope for every patient.
List of Key Players Covered in this Market Report:
- MD (CA, USA)
- PENTAX Medical
- Richard Wolf GmbH. (Illinois, United States)
- Stryker (Michigan, United States)
- Elmed Electronics & Medical Industry & Trade Inc
- KARL STORZ (Tuttlingen, Germany)
- Olympus Corporation
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Segments Covered in the Report :
- Urolithial Cancer
By End User
- Specialty Clinics
- North America
- By Product
- By Application
- By End User
- By Country
Table of Content:
1 Ureteroscope Market Overview
1.1 Ureteroscope Product Overview
1.2 Ureteroscope Market Segment by Type
1.3 Global Ureteroscope Market Size by Type (2015-2027)
1.3.1 Global Ureteroscope Market Size Overview by Type (2015-2027)
1.3.2 Global Ureteroscope Historic Market Size Review by Type (2015-2021)
22.214.171.124 Global Ureteroscope Sales Market Share Breakdown by Type (2015-2027)
126.96.36.199 Global Ureteroscope Market Share Breakdown by Type (2015-2027)
188.8.131.52 Global Ureteroscope Average Selling Price (ASP) by Type (2015-2027)
1.3.3 Global Ureteroscope Market Size Forecast by Type (2021-2027)
184.108.40.206 Global Ureteroscope Sales Market Share Breakdown by Application (2021-2027)
220.127.116.11 Global Ureteroscope Revenue Market Share Breakdown by Application (2021-2027)
18.104.22.168 Global Ureteroscope Average Selling Price (ASP) by Application (2021-2027)
1.4 Key Regions Market Size Segment by Type (2015-2021)
1.4.1 North America Ureteroscope Sales Breakdown by Type (2015-2027)
1.4.2 Europe Ureteroscope Sales Breakdown by Type (2015-2027)
1.4.3 Asia-Pacific Ureteroscope Sales Breakdown by Type (2015-2027)
1.4.4 Latin America Ureteroscope Sales Breakdown by Type (2015-2027)
1.4.5 Middle East and Africa Ureteroscope Sales Breakdown by Type (2015-2027)
2 Global Ureteroscope Market Competition by Company
2.1 Global Top Players by Ureteroscope Sales (2015-2021)
2.2 Global Top Players by Ureteroscope Revenue (2015-2021)
2.3 Global Top Players Ureteroscope Average Selling Price (ASP) (2015-2021)
2.4 Global Top Company Ureteroscope Manufacturing Base Distribution, Sales Area, Product Type
2.5 Ureteroscope Market Competitive Situation and Trends
2.5.1 Ureteroscope Market Growth Rate (2015-2021)
2.5.2 Global 5 and 10 Largest Company by Ureteroscope Sales and Revenue in 2019
2.6 Global Top Company by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Ureteroscope as of 2019)
2.7 Date of Key Company Enter into Ureteroscope Market
2.8 Key Company Ureteroscope Product Offered
2.9 Mergers and Acquisitions, Expansion
3 Global Ureteroscope Status and Outlook by Region (2015-2027)
3.1 Global Ureteroscope Market Size and CAGR by Region: 2015 VS 2021 VS 2027
3.2 Global Ureteroscope Market Size Market Share by Region (2015-2021)
3.2.1 Global Ureteroscope Sales Market Share by Region (2015-2021)
3.2.2 Global Ureteroscope Revenue Market Share by Region (2015-2021)
3.2.3 Global Ureteroscope Sales, Revenue, Price and Gross Margin (2015-2021)
3.3 Global Ureteroscope Market Size Market Share by Region (2021-2027)
3.3.1 Global Ureteroscope Sales Market Share by Region (2021-2027)
3.3.2 Global Ureteroscope Revenue Market Share by Region (2021-2027)
3.3.3 Global Ureteroscope Sales, Revenue, Price and Gross Margin (2021-2027)
3.4 North America Ureteroscope Market Size By Growth (2015-2027)
3.4.1 North America Ureteroscope Revenue By Growth (2015-2027)
3.4.2 North America Ureteroscope Sales By Growth (2015-2027)
3.5 Asia-Pacific Ureteroscope Market Size By Growth (2015-2027)
3.5.1 Asia-Pacific Ureteroscope Revenue By Growth (2015-2027)
3.5.2 Asia-Pacific Ureteroscope Sales By Growth (2015-2027)
3.6 Europe Ureteroscope Market Size By Growth (2015-2027)
3.6.1 Europe Ureteroscope Revenue By Growth (2015-2027)
3.6.2 Europe Ureteroscope Sales By Growth (2015-2027)
3.7 Latin America Ureteroscope Market Size By Growth (2015-2027)
3.7.1 Latin America Ureteroscope Revenue By Growth (2015-2027)
3.7.2 Latin America Ureteroscope Sales By Growth (2015-2027)
3.8 Middle East and Africa Ureteroscope Market Size By Growth (2015-2027)
3.8.1 Middle East and Africa Ureteroscope Revenue By Growth (2015-2027)
3.8.2 Middle East and Africa Ureteroscope Sales By Growth (2015-2027)
4 Global Ureteroscope by Application
4.1 Ureteroscope Segment by Application
4.2 Global Ureteroscope Sales by Application: 2015 VS 2021 VS 2027
4.3 Global Ureteroscope Historic Sales by Application (2015-2021)
4.4 Global Ureteroscope Forecasted Sales by Application (2021-2027)
4.5 Key Regions Ureteroscope Market Size by Application
4.5.1 North America Ureteroscope by Application
4.5.2 Europe Ureteroscope by Application
4.5.3 Asia-Pacific Ureteroscope by Application
4.5.4 Latin America Ureteroscope by Application
4.5.5 Middle East and Africa Ureteroscope by Application
5 North America Ureteroscope Market Size by Country (2015-2027)
5.1 North America Market Size Market Share by Country (2015-2021)
5.1.1 North America Ureteroscope Sales Market Share by Country (2015-2021)
5.1.2 North America Ureteroscope Revenue Market Share by Country (2015-2021)
5.2 North America Market Size Market Share by Country (2021-2027)
5.2.1 North America Ureteroscope Sales Market Share by Country (2021-2027)
5.2.2 North America Ureteroscope Revenue Market Share by Country (2021-2027)
5.3 North America Market Size By Growth by Country
5.3.1 U.S. Ureteroscope Market Size By Growth (2015-2027)
5.3.2 Canada Ureteroscope Market Size By Growth (2015-2027)
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