Flexible and Semi-Rigid Ureteroscopy Market 5.4% CAGR Excepted to Reach by 2023 | Exclusive Report by MarketResearchFuture

“Flexible and Semi-Rigid Ureteroscopy Market”
The Global Flexible and Semi-Rigid Ureteroscopy Market is expected to register a CAGR of 5.4% by 2023. The advancements in surgical techniques and technology have broadened the range of urologic conditions into urothelial carcinoma, renal and ureteric calculi, and ureteral structures.

Flexible and Semi-Rigid Ureteroscopy Market Highlights

The Global Flexible and Semi-Rigid Ureteroscopy Market is segmented on the basis of product, application, and end-user. The flexible and semi-rigid ureteroscopy market, by product, is categorized into flexible ureteroscopes, semi-rigid ureteroscopes, and rigid ureteroscopes.

Flexible ureteroscopes are further segmented into fiberoptic ureteroscopes and digital ureteroscopes. On the basis of application, the market is segmented into therapeutic applications and diagnostic applications. Therapeutic applications are further segmented into urinary stricture, urolithiasis, and kidney cancer. On the basis of end-user, the market is segmented into hospitals and clinics, diagnostic centers, ambulatory surgical centers, research centers and others.

It is mainly observed in males in the age group of 50 to 80 years than in females. According to the National Center for Biotechnology Information, January 2016, 44% of ureteroscopies were performed by using flexible ureteroscopies, 31% by rigid ureteroscopies, and 25% by associated rigid and flexible ureteroscopies. It was also reported that the urinary stone disease is affecting 3 men to 1 woman, between the age of 40 and 50. The major key factors responsible for influencing this market are increasing dehydration, digestive diseases and surgery, increasing obesity, family history related to kidney problems, and other medical conditions. Other conditions could be certain diets such as eating high in protein-sugar and sodium (salt) which may increase the risk of some types of kidney stones. However, factors such as the high cost of surgical procedures and difficulty in cannulation and identification of ureteral NB orifice are expected to restrict the market growth during the forecast period.

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Key Players

Stryker (US),

Olympus Corporation (Japan),

Boston Scientific (US),

Richard Wolf (Germany),

KARL STORZ (Switzerland),

ELMED Medical Systems (Turkey),

Maxer Endoscopy (Germany),

Rocamed (France),

Vimex Endoscopy (Poland),

ProSurg (US), and others.

Regional Analysis

The Americas leads the market owing to the increasing prevalence of urolithiasis, increasing research and development programs in flexible video-ureteroscopes, and growing healthcare expenditure. The American Urological Association, July 2016, has estimated a 3% prevalence rate for kidney stone in all individuals and stated that it affects 12% of the population during their lifetime. Such a high rate of kidney stone drives the market growth in this region.

Europe is expected to be the second largest flexible and semi-rigid ureteroscopy market during the forecast period. The increasing occurrence of kidney cancer and obesity drive the market in this region. According to Cancer Research UK in 2015, there were12,547 new cases of kidney cancer. Thus, the growing cases of kidney cancer facilitate the market growth.

Asia-Pacific was estimated to be the fastest growing region for the global flexible and semi-rigid ureteroscopy market in 2017. The market is expected to witness high growth owing to the rising prevalence of obesity and kidney cancer in this region. According to the National Center for Biotechnology Information publication 2016, 121,099 cases of kidney cancer were recorded in Asia in 2012 in which 66.12% patients were males. Such a high prevalence of kidney cancer influences the market growth.

This is expected to provide favorable backgrounds for the market to grow.

The Middle East and Africa accounts for the low share due to lack of awareness, low per capita income, and lack of well-trained healthcare professionals. However, the rising oncology and health care services in hospitals and in the community are expected to influence the market in a positive way.

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