The Flexible and Semi-rigid
Ureteroscopy Market is projected to reach USD 999.15 Million by 2030 at 5.50%
CAGR during the forecast period 2022-2030.
The flexible & semi-rigid
ureteroscopy market witnesses a constant revenue growth. Market growth
attributes to the rising adoption of ureteroscopy methods in therapeutic &
diagnostic applications. The increasing prevalence of urolithiasis and kidney
cancer worldwide acts as a key tailwind for the market growth. Besides,
technological advances in surgical techniques and devices used in ureteroscopy,
increase the flexible and semi-rigid ureteroscopy market size. Successful
integrations of wireless technologies into ureteroscopes define the growing
landscape of the market.
According to Market Research Future
(MRFR), the global flexible and semi-rigid
ureteroscopy market is poised to grow at 5.50%
CAGR during the forecast period. The non- invasive nature of ureteroscopy is a
key driving force increasing its uptake. It takes meticulous skill sets to make
flexible ureteroscopy an effective and reproducible modality. This, in turn,
presents an opportunity for robotic assistance to offer the same enabling
assistance as in laparoscopic surgery.
Wireless and robotic ureteroscopy are
recent flexible and semi-rigid ureteroscopy market trends. Rising introductions
of futuristic endoscope devices and room-ready wireless endoscopes push the
flexible and semi-rigid ureteroscopy market growth. Also, increasing funding
& rebates for endoscopic screening & treatment increases the market
size. Moreover, rising product launches that meet the Federal Communications
Commission requirements accelerate market growth.
On the other hand, the high cost and
skillsets required for semi-rigid ureteroscopy methods are major factors
expected to impede the market growth. Also, side effects and risk of infection
spread associated with devices used during ureteroscopy restrict the uptake of
ureteroscopy. Additionally, the lack of awareness for availability &
benefits obstructs flexible and semi-rigid ureteroscopy market growth.
Nevertheless, rising preference for
less invasive treatment methods would support the market growth throughout the
assessment period. Furthermore, the rising demand for effective diagnostic
& therapeutic options for kidney stone and kidney cancer would increase
flexible and semi-rigid ureteroscopy market share.
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Global Flexible & Semi-Rigid
Ureteroscopy Market – Segments
The report is segmented into four
dynamics;
By
Product
: Flexible Ureteroscopes, Fiberoptic Ureteroscopes,
Digital Ureteroscopes, Semi-rigid Ureteroscopes, Rigid Ureteroscopes, and
others.
By Application
: Therapeutic Applications, Urinary Stricture,
Urolithiasis, Kidney Cancer, Diagnostic Applications, and others.
By
End-Users : Hospitals
& Clinics, Ambulatory Surgical Centers, Diagnostic Centers, Research
centers, and others.
By
Regions : Europe,
Americas, Asia Pacific, and Rest-of-the-World.
Global Flexible & Semi-Rigid
Ureteroscopy Market – Regional Analysis
North America leads the global
flexible & semi-rigid ureteroscopy market. Significant market share
attributes to the rising prevalence of kidney stone & obesity disorder and
innovations in clinical practice treatment in the region. Besides, the strong
economy of the region and massive developments in the healthcare domain drive
market growth.
Rising focus on advanced diagnosis
& treatment methods defines the increased numbers of research institutes
and technology upgrades. Moreover, the presence of notable industry players,
advanced hospital infrastructures, and skilled healthcare professionals
increase the flexible and semi-rigid ureteroscopy market size in North America.
Europe holds the second-largest
flexible and semi-rigid ureteroscopy market share globally. The market is led
by the increase in occurrences of kidney stone due to the increasing use of
concentrated drinks, crash diets, and changes in lifestyle. Also, rapid
advances in the diagnosis & treatment of urinary stricture, urolithiasis,
and kidney cancer foster the growth of the regional market. Besides, the rising
R&D investments by the government and focus on the development of new
devices contribute to flexible & semi-rigid ureteroscopy market growth in
Europe.
The flexible & semi-rigid
ureteroscopy market is brisk in the Asia Pacific region. Factors like the
rising prevalence of kidney problems, alongside the prevailing trends such as
changing lifestyle and crash diets in demographics, influence the regional
market growth. Furthermore, the availability of various diagnosis & treatment
methods to treat increasing patients suffering from kidney cancer creates
enormous market demand.
Moreover, the augmenting demand for
quality devices and advancing healthcare technology in the region provide
impetus to market growth. The APAC flexible & semi-rigid ureteroscopy
market is anticipated to register a phenomenal CAGR throughout the analysis
period.
Global Flexible & Semi-Rigid
Ureteroscopy Market - Competitive Analysis
Highly competitive, the flexible &
semi-rigid ureteroscopy market appears fragmented with the presence of many
well-established players. To gain larger competitive advantages, industry
players incorporate strategic initiatives, such as mergers & acquisitions,
collaboration, expansion, and technique/technology launch. These players make
substantial investments to drive R&D and to expand their footprints.
Quality, reliability, and cost are key parameters based on which they compete
against each other.
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Major Players:
Players leading the flexible &
semi-rigid ureteroscopy market include Olympus Corporation (Japan), Stryker
(US), Boston Scientific (US), KARL STORZ (Switzerland), Richard Wolf (Germany),
ELMED Medical Systems (Turkey), Rocamed (France), Maxer Endoscopy (Germany),
and Vimex Endoscopy (Poland), ProSurg (US), among others.
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