Ureteroscopy Devices Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, Germany, UK, China, Canada - Size and Forecast 2024-2028

Ureteroscopy Devices Market Size 2024-2028

The ureteroscopy devices market size is forecast to increase by USD 297.8 million at a CAGR of 5.36% between 2023 and 2028.

• The market is witnessing significant growth due to the rising prevalence of kidney stones and ureteral cancer. These conditions necessitate the use of advanced ureteroscopy devices for diagnosis and treatment. International organizations such as the World Health Organization (WHO), among others, are helping in the advancement of healthcare infrastructure in many emerging countries. Additionally, technological advances in ureteroscopy devices, such as the integration of imaging technologies and the development of flexible ureteroscopes, are driving market growth.
• Hence, developing countries in Asia, with large populations and emphasis on advancement in medical facilities, are delivering a remarkable possibility to healthcare supply manufacturers that are eager on broadening their consumer base. However, the high costs associated with ureteroscopes and related procedures remain a major challenge for the market. Despite this, the market is expected to continue growing due to the increasing demand for minimally invasive procedures and the improving reimbursement scenario for ureteroscopy procedures. Overall, the market is poised for steady growth in the coming years.

What will be the Size of the Market During the Forecast Period?

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• The ureteroscopy devices market is witnessing significant growth due to the increasing prevalence of urolithiasis and ureteral cancer. Urolithiasis, or urinary stone disease, affects millions of individuals worldwide, leading to a high demand for minimally invasive procedures for its treatment. Ureteral cancer, a malignancy that originates in the ureter, is another condition driving market growth. Healthcare spending on elective surgical procedures, particularly those related to urology, is a key factor fueling market expansion. Product innovations, such as disposable flexible ureteroscopes, are enhancing stone removal efficacy and reducing cross contamination risks. Metabolic disturbances, genetic factors, and urinary tract anomalies are significant contributors to the development of urolithiasis and ureteral cancer.
• Moreover, the geriatric population is particularly vulnerable, given their increased susceptibility to these conditions. Specialized hospitals, hospitals, and ambulatory surgical centers are the primary settings for urological operations. Technological advances, including semi-rigid ureteroscopes and integrated systems, are streamlining procedures and improving patient outcomes. Hybrid operating rooms, which combine advanced imaging technologies and minimally invasive surgical techniques, are gaining popularity. Online sales and healthcare services are also playing a role in the market's growth, providing greater accessibility and convenience for patients. The ureteroscopy devices market is expected to continue expanding as advancements in urology and healthcare services improve the diagnosis and treatment of urolithiasis and ureteral cancer.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

• End-user
  • Hospitals
  • Ambulatory surgical centers
  • Others
• Product
  • Flexible ureteroscopes
  • Semi-rigid ureteroscopes
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
  • Asia
    • China
  • Rest of World (ROW)

By End-user Insights

• The hospitals segment is estimated to witness significant growth during the forecast period.

Ureteroscopy devices are primarily utilized in hospital settings due to the complexity of associated urological procedures. Hospitals serve as the primary end-users, given their role as healthcare providers and capacity to manage intricate medical situations. The increasing prevalence of urinary tract diseases, particularly kidney stones, drives the demand for ureteroscopy procedures in hospitals. Technological advancements have led to integrated systems and hybrid operating rooms, enabling more efficient and effective ureteroscopy procedures. Online sales and healthcare services have expanded access to these devices, further increasing their utilization. The market for ureteroscopy devices is expected to grow significantly due to these factors.

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The hospitals segment was valued at USD 500.60 million in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

• North America is estimated to contribute 43% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The North American market is projected to expand due to the rising prevalence of chronic kidney diseases, including urolithiasis. According to the Centers for Disease Control and Prevention (CDC), approximately 6.0 million adults in the US were diagnosed with kidney disease in 2018. Ureteroscopy procedures are commonly used for the diagnosis and treatment of urinary stone disease and urothelial cancer. The growth of this market is further fueled by the increasing demand for minimally invasive surgical procedures and the development of innovative products. The presence of major healthcare spending in North America, particularly in the US and Canada, also contributes to the market expansion. However, the risk of cross contamination during ureteroscopy procedures remains a concern, necessitating stringent adherence to infection control protocols.

Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in adoption of Ureteroscopy Devices Market?

The growing prevalence of kidney stones and ureteral cancer is the key driver of the market.

• The market is driven by the rising prevalence of urinary stone disease and urolithial cancer. Kidney stones, a common urinary tract condition, can lead to chronic kidney disease and increase the risk of developing another stone. According to the Centers for Disease Control and Prevention (CDC), approximately 2.4% of US adults aged 18 and above were diagnosed with kidney disease in 2021. Ureteroscopy devices play a crucial role in diagnosing and removing kidney stones, thereby reducing the risk of complications such as urinary tract blockage and potential kidney damage. Moreover, the increasing prevalence of metabolic disturbances, genetic factors, and urinary tract anomalies, particularly among the geriatric population and those with type 2 diabetes and coronary diseases, is expected to further fuel the market growth.
• Moreover, the healthcare spending on elective surgical procedures for urolithiasis and urolithial cancer is projected to increase, given the high stone removal efficacy of ureteroscopy devices compared to open surgeries. The market for ureteroscopy devices is segmented into urolithiasis and urolithial cancer segments, with hospitals and specialty clinics being the major end-users. Healthcare providers are investing in advanced technologies such as flexible ureteroscopes, semi-flexible ureteroscopes, and rigid ureteroscopes to improve patient outcomes and reduce cross contamination risks.
• In conclusion, reimbursement policies and integrated systems in specialized hospitals, hospitals, and ambulatory surgical centers are facilitating the adoption of these devices. Technological advances, including high-definition images and digital ureteroscopes, are further enhancing the market growth. Online sales and healthcare services are also gaining popularity, offering convenience and cost savings to patients. However, the limited skilled workforce and the risk of complications such as stone impaction and sedentary lifestyle and unhealthy food habits are challenges that may impact the market growth.

What are the market trends shaping the Ureteroscopy Devices Market?

Rising technological advances in ureteroscopy devices are the upcoming trends in the market.

• The market is witnessing significant growth due to the rising prevalence of urolithiasis and urothelial cancer, which necessitate minimally invasive procedures for diagnosis and treatment. Healthcare spending on elective surgical procedures and specialized hospitals is increasing, driving the demand for advanced ureteroscopes. Product innovations, such as digital ureteroscopes with high-definition images, semi-rigid and rigid ureteroscopes, and integrated systems, are improving stone removal efficacy and reducing cross contamination. Metabolic disturbances, genetic factors, urinary tract anomalies, and the geriatric population with comorbidities like type 2 diabetes and coronary diseases are major factors fueling the market. The limited skilled workforce and the increasing number of outpatient investigations and urological operations in hospitals, specialized hospitals, and ambulatory surgical centers are further boosting the market.
• Moreover, reimbursement policies and technological advances, such as hybrid operating rooms and online sales, are facilitating the adoption of ureteroscopes. The Urolithiasis segment and the Urolithial cancer segment are expected to dominate the market due to the high incidence and prevalence rates of these conditions. The Kidney Stones and Ureteral Cancer are significant health concerns in the US, with the National Kidney Foundation reporting that over 11% of the population will experience a kidney stone at some point in their lives.
• In conclusion, chronic kidney disease, mortality, and non-communicable diseases, such as diabetes and high blood pressure, are increasing the demand for ureteroscopes. The adoption of sedentary lifestyles and unhealthy food habits further exacerbate the problem. In conclusion, the market is poised for growth due to the increasing burden of urolithiasis and urothelial cancer, technological advances, and changing healthcare trends.

What challenges does Ureteroscopy Devices Market face during the growth?

High costs associated with ureteroscopes and related procedures is a key challenge affecting the market growth.

• Ureteroscopy devices are essential medical instruments used in diagnosing and treating urolithiasis (kidney stones) and urothelial cancer. The market for these devices is driven by the increasing prevalence of urinary stone disease and metabolic disturbances, such as type 2 diabetes and coronary diseases, which are major risk factors for urolithiasis. Moreover, the geriatric population and urinary tract anomalies are other significant factors contributing to the growth of this market. Minimally invasive procedures, including elective surgical procedures, have gained popularity due to their benefits over traditional open surgeries. Ureteroscopy, a minimally invasive procedure, allows for stone removal with high efficacy.
• However, the high cost of ureteroscopy devices and procedures, coupled with limited skilled workforce, hampers market growth. Manufacturers invest heavily in product innovations, such as flexible ureteroscopes, semi-flexible ureteroscopes, and rigid ureteroscopes, to improve stone removal efficacy and reduce complications like cross contamination. Technological advances, including integrated systems, hybrid operating rooms, and online sales, have also increased the accessibility and affordability of these devices. Reimbursement policies and healthcare spending vary across healthcare providers, including hospitals, specialized hospitals, and outpatient investigations. The urolithiasis segment and urothelial cancer segment are the major revenue generators in the market. The high cost of ureteroscopy devices and procedures can be a barrier to entry for some healthcare providers and patients.
• However, the increasing prevalence rate of kidney stones, ureteral cancer, and other non-communicable diseases, such as diabetes and high blood pressure, is expected to fuel market growth. The National Kidney Foundation reports that over 10% of the US population will experience kidney stones at some point in their lives. With the increasing burden of chronic kidney disease and mortality associated with urolithiasis and urothelial cancer, the demand for ureteroscopy devices is expected to remain high. Digital ureteroscopes, such as those manufactured by Olympus fiberoptics, offer high-definition images, making them an essential tool for urological operations and emergency admissions. Sedentary lifestyles and unhealthy food habits are also contributing factors to the increasing prevalence of urolithiasis and other non-communicable diseases, further driving market growth.

Exclusive Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market. The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

• Advanced MedTech Holdings Pte. Ltd.
• Advin Health Care
• B.Braun SE
• Becton Dickinson and Co.
• Boston Scientific Corp.
• Coloplast AS
• Cook Group Inc.
• ELMED Medical Systems
• EMOS Technology GmbH
• Erbe Elektromedizin GmbH
• HOYA Corp.
• KARL STORZ SE and Co. KG
• NeoScope Inc.
• Olympus Corp.
• Opcom Inc
• ProSurg Inc.
• Richard Wolf GmbH
• ROCAMED
• Stryker Corp.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Research Analyst Overview

The market represents a significant segment within the medical devices industry, catering to the diagnostic and therapeutic needs of patients with ureteral conditions such as ureterolithiasis and ureteral cancer. This market is driven by various factors, including the rising prevalence of urinary stone disease and ureteral cancer, increasing healthcare spending, and product innovations. Ureterolithiasis, a common condition characterized by the presence of stones in the ureter, affects millions of individuals worldwide. The prevalence rate of this condition is influenced by several factors, including metabolic disturbances, genetic factors, and urinary tract anomalies.

Moreover, the geriatric population, individuals with type 2 diabetes, and those with coronary diseases are particularly susceptible to ureterolithiasis. Ureterial cancer, a less common but serious condition, is another significant driver of the market. The increasing incidence of non-communicable diseases, such as diabetes and high blood pressure, contributes to the rising prevalence of ureterial cancer. The disease can lead to chronic kidney disease, mortality, and emergency admissions, necessitating timely and effective diagnosis and treatment. The market for ureteroscopy devices is diverse, with various types of ureteroscopes available, including flexible, semi-flexible, and rigid ureteroscopes. Flexible ureteroscopes offer greater maneuverability and are suitable for outpatient investigations and urological operations.

Simultaneously, semi-flexible ureteroscopes offer a balance between rigidity and flexibility, making them suitable for elective surgical procedures. Rigid ureteroscopes, while less flexible, are often used in specialized hospitals and offer high-definition images for precise stone removal. The market is also influenced by reimbursement policies and the availability of a skilled workforce. Hospitals, specialized hospitals, and ambulatory surgical centers are the primary end-users of ureteroscopy devices. Reimbursement policies vary across regions and countries, impacting the affordability and accessibility of these devices. The limited skilled workforce, particularly in developing countries, presents a challenge to the market's growth. Technological advances have significantly impacted the market, with innovations such as digital ureteroscopes, integrated systems, and hybrid operating rooms offering improved stone removal efficacy and enhanced patient safety.

In summary, online sales and healthcare services have also emerged as significant trends in the market, offering greater convenience and accessibility to patients. In conclusion, the market is a dynamic and growing industry, driven by the rising prevalence of ureteral conditions, increasing healthcare spending, and product innovations. The market's diversity, with various types of ureteroscopes and end-users, presents both challenges and opportunities for market participants. The impact of reimbursement policies, the availability of a skilled workforce, and technological advances will continue to shape the market's future growth.

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What are the Key Data Covered in this Market Research and Growth Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the market growth and forecasting between 2024 and 2028
• Precise estimation of the size of the market and its contribution of the market in focus to the parent market
• Accurate predictions about upcoming market growth and trends and changes in consumer behaviour
• Growth of the market across North America, Europe, Asia, and Rest of World (ROW)
• Thorough analysis of the market's competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the growth of market companies

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