Dublin, Dec. 18, 2018 (GLOBE NEWSWIRE) -- The "Flexible & Semi-rigid Ureteroscopy Market by Product, Application , End User and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global flexible & semi-rigid ureteroscopy market is projected to grow at a CAGR of 5.4% during the forecast period.
The global flexible & semi-rigid 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%.
Market growth is mainly driven by the increasing incidence of urolithiasis across the globe. The growing geriatric population, technological advancements in devices, and infrastructural improvements in healthcare facilities are also other major factors supporting the growth of the flexible & semi-rigid ureteroscopy market in the coming years. However, the high cost of ureteroscopy procedures is expected to limit adoption to a certain extent and restrain market growth during the forecast period.
The flexible ureteroscopes segment is expected to witness the highest growth rate during the forecast period.
By product type, the flexible & semi-rigid ureteroscopy market is categorized into flexible and semi-rigid devices. The flexible ureteroscopy devices segment is expected to register the highest CAGR during the forecast period. The commercialization of more effective, technologically advanced, simple, and easy-to-use ureteroscopes not only helps with better monitoring and treatment of urologic disorders but also helps curtail treatment costs. This is considered a positive indicator of market growth.
The urolithiasis segment is expected to account for the largest share of the flexible & semi-rigid ureteroscopy applications market in 2018.
Based on application, the flexible & semi-rigid ureteroscopy market is categorized into urolithiasis, urinary stricture, and kidney cancer. In 2018, the urolithiasis segment is expected to account for the largest share of the market. Market growth can largely be attributed to the increasing incidence of kidney stones and the widespread adoption of ureteroscopes over other treatment options.
Asia is estimated to register the highest CAGR during the forecast period.
Geographically, the flexible & semi-rigid ureteroscopy market is dominated by North America, followed by Europe. However, Asia is expected to register the highest CAGR during the forecast period. Growth in this region can be attributed to the developing healthcare infrastructure, rising burden of chronic diseases, and increasing initiatives to promote the use of ureteroscopy devices.
Key Topics Covered
1 Introduction
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions for the Study
3 Executive Summary
4 Premium Insights
4.1 Flexible & Semi-Rigid Ureteroscopy: Market Overview
4.2 North America: Flexible & Semi-Rigid Ureteroscopy Market, By Type (2018)
4.3 Geographical Snapshot of the Flexible & Semi-Rigid Ureteroscopy Market
4.4 Flexible & Semi-Rigid Ureteroscopy Market, By End User, 2018-2023
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Incidence of Urolithiasis
5.2.1.2 Technological Advancements and Increasing Adoption of Single-Use Devices
5.2.1.3 Growth in the Geriatric Population and Increasing Healthcare Expenditure
5.2.1.4 Adverse Effects of Lithotripsy Procedures
5.2.1.5 Improving Hospital Infrastructure
5.2.1.6 Favorable Healthcare Reforms in the Us
5.2.2 Restraints
5.2.2.1 High Cost of Ureteroscopy Procedures
5.2.3 Opportunities
5.2.3.1 Growth Opportunities in Emerging Countries
6 Flexible & Semi-Rigid Ureteroscopy Market, By Type
6.1 Introduction
6.2 Flexible Ureteroscopes
6.2.1 Digital Ureteroscopes
6.2.2 Fiberoptic Ureteroscopes
6.3 Semi-Rigid Ureteroscopes
7 Flexible & Semi-Rigid Ureteroscopy Market, By Application
7.1 Introduction
7.2 Urolithiasis
7.3 Urinary Stricture
7.4 Kidney Cancer
8 Flexible & Semi-Rigid Ureteroscopy Market, By End User
8.1 Introduction
8.2 Hospitals
8.3 Ambulatory Surgical Centers
8.4 Other End Users
9 Flexible & Semi-Rigid Ureteroscopy Market, By Region
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 France
9.3.4 Rest of Europe
9.4 Asia
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia
9.5 Rest of the World
10 Competitive Landscape
10.1 Overview
10.2 Market Share Analysis, 2017
10.3 Competitive Scenario
11 Company Profiles
11.1 Olympus
11.2 Stryker
11.3 Boston Scientific
11.4 Karl Storz Medical AG
11.5 Richard Wolf
11.6 Elmed Medical Systems
11.7 Rocamed
11.8 Maxer Endoscopy
11.9 Prosurg
11.10 Vimex Endoscopy
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