(PharmaNewsWire.Com, September 27, 2019 ) The ureteroscopy market is expected to reach USD 1,054.1 million by 2023 from USD 809.6 million in 2018, at a CAGR of 5.4%.
The high incidence of urolithiasis across the globe is a major factor driving the growth of this market. The rapidly increasing geriatric population, technological advancements in devices, and improving hospital infrastructures are the other major factors that are expected to support the growth of the flexible & semi-rigid ureteroscopy market in the coming years.
This research report segments this Ureteroscopy Market based on product type, application, end user, and region
The Objectives of this Study are as follows:
• To define, describe, and forecast the flexible & semi-rigid ureteroscopy market by product type, application, end user, and region
• To forecast the revenue of the market segments with respect to four main regional segments, namely, North America, Europe, Asia, and the Rest of the World (RoW)
• To identify the micro markets with respect to drivers, restraints, industry-specific challenges, opportunities, and trends affecting the growth of the market
• To analyze market segments and subsegments with respect to individual growth trends, prospects, and contributions to the overall market
Ureteroscopy Market Based on Product Type:
By product type, the flexible & semi-rigid market is categorized into flexible and semi-rigid ureteroscopes. The flexible ureteroscopes segment is expected to account for the largest share of the global flexible & semi-rigid ureteroscopy market in 2018. Also, technological advancements are allowing hospitals to switch from rigid/semi-rigid ureteroscopes to flexible and fully digital ureteroscopes for improving the accuracy and effectiveness of treatment procedures as well as reducing their overall cost. The flexible ureteroscopes market is further segmented into fiber optic and digital ureteroscopes
Ureteroscopy Market Based on Application;
Based on application, the flexible & semi-rigid ureteroscopy market is segmented into urolithiasis, urinary stricture, and kidney cancer. Urolithiasis is the largest application segment. Market growth can primarily be attributed to the increasing incidence of kidney stones and the widespread adoption of ureteroscopes in diagnostics.
Ureteroscopy Market Based on end user:
By end user, the flexible & semi-rigid ureteroscopy market is classified into hospitals, ambulatory surgical centers, and other end users. In 2018, the hospitals segment is expected to account for the largest share of the market. The large share can be attributed to investments by hospitals for the expansion of surgical infrastructures, the growing number of kidney stone procedures performed in hospitals, and the establishment of new hospitals in various geographies.
On the basis of region, the flexible & semi-rigid ureteroscopy market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). In 2018, North America is expected to command the largest share of the ureteroscopy market. The large share of this market segment can be attributed to the high prevalence of kidney stones in this region and the large number of surgeries performed each year. However, the high cost of ureteroscopy procedures is expected to restrain the growth of this market during the forecast period.
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