What is Ureteroscope Market?
Ureteroscope is the equipment used to detect kidney stones and other infections. The process involves the passage of Urethroscope which is also called a small telescope through bladder to ureter. It is performed under the general anesthesia as the treatment lasts for one to three hours. The smaller stones are removed with basket device. Whereas the larger stones are broken down with laser and then removed. Performing Urethroscopy needs the patient to stay overnight in the hospital.
The market study is being classified by Type (Flexible Ureteroscope, Semi Rigid Ureteroscope and Rigid Ureteroscope), by Application (Treatment of Kidney Calculi, Treatment of Ureteral Calculi and Diagnostics and Examination) and major geographies with country level break-up.
Boston Scientific (United States), Olympus America (United States), Richard Wolf (United States), Stryker (United States), KARL STORZ (Germany), PENTAX Medical (United States), Vimex Sp. z o.o. (Poland), Opcom Inc. (United States), Advanced Endoscopy Devices, Inc. (United States) and SCHÖLLY FIBEROPTIC GMBH (Germany) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Elmed Electronics & Medical Industry (Turkey) and Prosurg, Inc. (United States).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Ureteroscope market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Ureteroscope market by Type, Application and Region.
On the basis of geography, the market of Ureteroscope has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Geriatric Population Due to Consumption of Aerated Drinks and Alcohol
- Investments by Hospitals for Expansion of Surgical Infrastructures
Market Trend
- Adoption of Robotics in Ureteroscopy where the Process is controlled with Joysticks
Restraints
- High Costs Associated with the Treatment May Hamper the Market Growth
- Alternate Treatments for Kidney Stones Available Such as Lithotripsy
Opportunities
- Technological Advancements in Ureteroscope is Leading to Ease of Applications
- Improving Hospital Infrastructures is Boosting the Market
Challenges
- Complications after the Procedures Such as Injury in Urinary Tract
Market Leaders and some development strategies
In August 2019, Boston Scientific has completed the acquisition of BTG plc. BTG produces the equipment which are used in minimally invasive procedures. It targets cancer and vascular diseases.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations