Ureteroscope Market 2021: Future Forecast Indicates Impressive Growth Rate, CAGR of 5.5%, Industry Share, Manufacturers Strategy, Opportunities, Challenges, Demands, COVID-19 Analysis and Business Prospect till 2027

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Ureteroscope Market |2021 Analysis, Key Opportunities Major Players, Impact of COVID-19 and Size, Growth, Share, Regional Analysis With Global Industry Forecast To 2027, The global “Ureteroscope Market” is projected to reach USD 1,498.1 million by 2027, exhibiting a CAGR of 5.5% during the forecast period. Increasing incidence of kidney stones is expected to stoke adoption of these devices, states Fortune Business Insights™ in its report, titled “Ureteroscope Market Size, Share &COVID-19 Impact Analysis, By Product (Flexible, Semi-flexible, and Rigid), By Application (Urolithiasis, Urolithial Carcinoma, and Others), End User (Hospitals, Specialty Clinics, and Others), and Regional Forecast, 2020-2027”.

A study published by the US National Institutes of Health (NIH) in 2018 revealed that kidney stone disease prevalence and its recurrence is rising. According to the study, 12% of the global population suffers from urolithiasis, which is the process of formation of stones, at some point during their lifetime. Affecting all races, sexes, and age groups, the disease is evidenced to be more prevalent in men than women. Ureteroscopeaid in treating stone diseases as they help in pinpointing the location of the stone formation and help remove them efficiently. Thus, the growing prevalence of urolithiasis (or nephrolithiasis) is anticipated to boost the adoption of these devices in the coming years.

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What does the Report Include?

The market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers the different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves leading companies and adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will contribute to the growth of the market between 2020 and 2027. Moreover, the research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.

Ureteroscope Highlights of the Report:

  1. Market Penetration: Comprehensive information on the product portfolios of the top players in the market.
  2. Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
  3. Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
  4. Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
  5. Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market

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Regional Insights

Robust Healthcare Infrastructure to be the Key Driving Factor for North America

The US and Canada boast of a strong and developed healthcare infrastructure, with health facilities actively adopting modern medical devices and technologies. This is additionally bolstered by favorable reimbursement policies and growing demand for advanced medical procedures. Together, these factors enabled the market size in the region to reach USD 370.1 million and have a share of 37.7% in 2019. Based on these numbers, it is expected that the region will further strengthen its hold on the ureteroscope market share during the forecast period.

In Asia Pacific, the market is anticipated to expand at a considerable rate owing to increasing presence of global companies in developing countries such as India and China. Improving healthcare expenditure is also aiding the regional market growth.

As per the report findings, the global ureterscopy market value stood at USD 981.8 million in 2019. Aside from this, the report provides the following:

  • Panoramic overview of the general industry trends and outlook;
  • Detailed analysis of the factors shaping the market size, share, and overall growth;
  • Thorough evaluation of the market segments; and
  • In-depth research into the regional developments and competitive dynamics of the market.

Market Driver

Close Linkage between Diabetes and Kidney Stones to Support Market Growth

Kidney stones, or renal calculi, are crystal mass formations that can originate anywhere along the urinary tract. These stones are of various types such as calcium, uric acid, struvite, and cysteine. Research has found that diabetes is one of the most common risk factors for developing kidney stone because the high blood sugar levels in diabetics make their blood more acidic, creating the ideal environment for stones to form. According to the medical journal European Urology, people with type 2 diabetes having high insulin resistance are 92% more likely to form kidney stones than non-diabetic people. With diabetes expected to become more widespread in the coming decades, the demand for stone removal procedures is likely to rise and boost the ureteroscopes market growth in the process.

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Competitive Landscape

Key Players to Concentrate on Widening Distribution Networks

One of the key focus areas for players in the ureteroscope market is the development and expansion of their global distribution networks. In pursuit of this goal, most companies in this market are collaborating or acquiring regional players to establish their foothold in foreign markets.

Industry Developments:

November 2019: Olympus Corporation inked a deal with the Monaco-based medical products company, Rocamed, to distribute the RocaFlow Double Chamber Pump System and Tubing Sets in Europe. The set includes ureteroscopes for kidney stones andtrans-urethral resection of the prostate.

April 2019: Dornier MedTech commercially released its innovative AXIS™ Single-Use Digital Flexible Ureteroscopes and other stone management products in the US. AXIS has been specifically designed to prevent cross-contamination between patients by ensuring a clean, sterile ureteroscope for every patient.

List of Key Players Covered in this Market Report:

  • MD (CA, USA)
  • PENTAX Medical
  • Richard Wolf GmbH. (Illinois, United States)
  • Stryker (Michigan, United States)
  • Elmed Electronics & Medical Industry & Trade Inc
  • KARL STORZ (Tuttlingen, Germany)
  • Olympus Corporation

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Segments Covered in the Report :

By Product

  • Flexible
  • Semi-flexible
  • Rigid

By Application

  • Urolithiasis
  • Urolithial Cancer
  • Others

By End User

  • Hospitals
  • Specialty Clinics
  • Others

By Geography

  • North America
    • By Product
    • By Application
    • By End User
    • By Country

Table of Content:

1 Ureteroscope Market Overview

1.1 Ureteroscope Product Overview

1.2 Ureteroscope Market Segment by Type

1.3 Global Ureteroscope Market Size by Type (2015-2027)

1.3.1 Global Ureteroscope Market Size Overview by Type (2015-2027)

1.3.2 Global Ureteroscope Historic Market Size Review by Type (2015-2021)

1.3.2.1 Global Ureteroscope Sales Market Share Breakdown by Type (2015-2027)

1.3.2.2 Global Ureteroscope Market Share Breakdown by Type (2015-2027)

1.3.2.3 Global Ureteroscope Average Selling Price (ASP) by Type (2015-2027)

1.3.3 Global Ureteroscope Market Size Forecast by Type (2021-2027)

1.3.3.1 Global Ureteroscope Sales Market Share Breakdown by Application (2021-2027)

1.3.3.2 Global Ureteroscope Revenue Market Share Breakdown by Application (2021-2027)

1.3.3.3 Global Ureteroscope Average Selling Price (ASP) by Application (2021-2027)

1.4 Key Regions Market Size Segment by Type (2015-2021)

1.4.1 North America Ureteroscope Sales Breakdown by Type (2015-2027)

1.4.2 Europe Ureteroscope Sales Breakdown by Type (2015-2027)

1.4.3 Asia-Pacific Ureteroscope Sales Breakdown by Type (2015-2027)

1.4.4 Latin America Ureteroscope Sales Breakdown by Type (2015-2027)

1.4.5 Middle East and Africa Ureteroscope Sales Breakdown by Type (2015-2027)

2 Global Ureteroscope Market Competition by Company

2.1 Global Top Players by Ureteroscope Sales (2015-2021)

2.2 Global Top Players by Ureteroscope Revenue (2015-2021)

2.3 Global Top Players Ureteroscope Average Selling Price (ASP) (2015-2021)

2.4 Global Top Company Ureteroscope Manufacturing Base Distribution, Sales Area, Product Type

2.5 Ureteroscope Market Competitive Situation and Trends

2.5.1 Ureteroscope Market Growth Rate (2015-2021)

2.5.2 Global 5 and 10 Largest Company by Ureteroscope Sales and Revenue in 2019

2.6 Global Top Company by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Ureteroscope as of 2019)

2.7 Date of Key Company Enter into Ureteroscope Market

2.8 Key Company Ureteroscope Product Offered

2.9 Mergers and Acquisitions, Expansion

3 Global Ureteroscope Status and Outlook by Region (2015-2027)

3.1 Global Ureteroscope Market Size and CAGR by Region: 2015 VS 2021 VS 2027

3.2 Global Ureteroscope Market Size Market Share by Region (2015-2021)

3.2.1 Global Ureteroscope Sales Market Share by Region (2015-2021)

3.2.2 Global Ureteroscope Revenue Market Share by Region (2015-2021)

3.2.3 Global Ureteroscope Sales, Revenue, Price and Gross Margin (2015-2021)

3.3 Global Ureteroscope Market Size Market Share by Region (2021-2027)

3.3.1 Global Ureteroscope Sales Market Share by Region (2021-2027)

3.3.2 Global Ureteroscope Revenue Market Share by Region (2021-2027)

3.3.3 Global Ureteroscope Sales, Revenue, Price and Gross Margin (2021-2027)

3.4 North America Ureteroscope Market Size By Growth (2015-2027)

3.4.1 North America Ureteroscope Revenue By Growth (2015-2027)

3.4.2 North America Ureteroscope Sales By Growth (2015-2027)

3.5 Asia-Pacific Ureteroscope Market Size By Growth (2015-2027)

3.5.1 Asia-Pacific Ureteroscope Revenue By Growth (2015-2027)

3.5.2 Asia-Pacific Ureteroscope Sales By Growth (2015-2027)

3.6 Europe Ureteroscope Market Size By Growth (2015-2027)

3.6.1 Europe Ureteroscope Revenue By Growth (2015-2027)

3.6.2 Europe Ureteroscope Sales By Growth (2015-2027)

3.7 Latin America Ureteroscope Market Size By Growth (2015-2027)

3.7.1 Latin America Ureteroscope Revenue By Growth (2015-2027)

3.7.2 Latin America Ureteroscope Sales By Growth (2015-2027)

3.8 Middle East and Africa Ureteroscope Market Size By Growth (2015-2027)

3.8.1 Middle East and Africa Ureteroscope Revenue By Growth (2015-2027)

3.8.2 Middle East and Africa Ureteroscope Sales By Growth (2015-2027)

4 Global Ureteroscope by Application

4.1 Ureteroscope Segment by Application

4.1.1 Residential

4.1.2 Commercial

4.2 Global Ureteroscope Sales by Application: 2015 VS 2021 VS 2027

4.3 Global Ureteroscope Historic Sales by Application (2015-2021)

4.4 Global Ureteroscope Forecasted Sales by Application (2021-2027)

4.5 Key Regions Ureteroscope Market Size by Application

4.5.1 North America Ureteroscope by Application

4.5.2 Europe Ureteroscope by Application

4.5.3 Asia-Pacific Ureteroscope by Application

4.5.4 Latin America Ureteroscope by Application

4.5.5 Middle East and Africa Ureteroscope by Application

5 North America Ureteroscope Market Size by Country (2015-2027)

5.1 North America Market Size Market Share by Country (2015-2021)

5.1.1 North America Ureteroscope Sales Market Share by Country (2015-2021)

5.1.2 North America Ureteroscope Revenue Market Share by Country (2015-2021)

5.2 North America Market Size Market Share by Country (2021-2027)

5.2.1 North America Ureteroscope Sales Market Share by Country (2021-2027)

5.2.2 North America Ureteroscope Revenue Market Share by Country (2021-2027)

5.3 North America Market Size By Growth by Country

5.3.1 U.S. Ureteroscope Market Size By Growth (2015-2027)

5.3.2 Canada Ureteroscope Market Size By Growth (2015-2027)

6 Europe Ureteroscope Market Size by Country (2015-2027)

6.1 Europe Market Size Market Share by Country (2015-2021)

6.1.1 Europe Ureteroscope Sales Market Share by Country (2015-2021)

6.1.2 Europe Ureteroscope Revenue Market Share by Country (2015-2021)

6.2 Europe Market Size Market Share by Country (2021-2027)

6.2.1 Europe Ureteroscope Sales Market Share by Country (2021-2027)

6.2.2 Europe Ureteroscope Revenue Market Share by Country (2021-2027)

6.3 Europe Market Size By Growth by Country

6.3.1 Germany Ureteroscope Market Size By Growth (2015-2027)

6.3.2 France Ureteroscope Market Size By Growth (2015-2027)

6.3.3 U.K. Ureteroscope Market Size By Growth (2015-2027)

6.3.4 Italy Ureteroscope Market Size By Growth (2015-2027)

6.3.5 Russia Ureteroscope Market Size By Growth (2015-2027)

7 Asia-Pacific Ureteroscope Market Size by Country (2015-2027)

7.1 Asia-Pacific Market Size Market Share by Country (2015-2021)

7.1.1 Asia-Pacific Ureteroscope Sales Market Share by Country (2015-2021)

7.1.2 Asia-Pacific Ureteroscope Revenue Market Share by Country (2015-2021)

7.2 Asia-Pacific Market Size Market Share by Country (2021-2027)

7.2.1 Asia-Pacific Ureteroscope Sales Market Share by Country (2021-2027)

7.2.2 Asia-Pacific Ureteroscope Revenue Market Share by Country (2021-2027)

7.3 Asia-Pacific Market Size By Growth by Country

7.3.1 China Ureteroscope Market Size By Growth (2015-2027)

7.3.2 Japan Ureteroscope Market Size By Growth (2015-2027)

7.3.3 South Korea Ureteroscope Market Size By Growth (2015-2027)

7.3.4 India Ureteroscope Market Size By Growth (2015-2027)

7.3.5 Australia Ureteroscope Market Size By Growth (2015-2027)

7.3.6 Taiwan Ureteroscope Market Size By Growth (2015-2027)

7.3.7 Indonesia Ureteroscope Market Size By Growth (2015-2027)

7.3.8 Thailand Ureteroscope Market Size By Growth (2015-2027)

7.3.9 Malaysia Ureteroscope Market Size By Growth (2015-2027)

7.3.10 Philippines Ureteroscope Market Size By Growth (2015-2027)

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