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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%

Reportlinker
Posted on: 28 Sep 18
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%

PR Newswire

NEW YORK, Sept. 27, 2018

NEW YORK, Sept. 27, 2018 /PRNewswire/ -- The global flexible & semi-rigid ureteroscopy market is projected to grow at a CAGR of 5.4% during the forecast period.

Read the full report: https://www.reportlinker.com/p05574218

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.

The primary interviews conducted for this report can be categorized as follows:
• By Company Type: Tier 1 – 70% and Tier 2 – 30%
• By Designation: C-level – 62%, Director-level – 21%, and Others – 17%
• By Region: North America – 20%, Asia– 30%, Europe – 50%

The key players in the flexible & semi-rigid ureteroscopy market include Olympus (Japan), Stryker (US), Boston Scientific (US), KARL STORZ (Switzerland), Richard Wolf (Germany), ELMED Medical Systems (Turkey), Rocamed (France), Maxer Endoscopy (Germany), ProSurg (US), and Vimex Endoscopy (Poland).

Research Coverage:
The report analyzes the flexible & semi-rigid ureteroscopy market by type, application, end user, and region.Apart from a comprehensive geographic product analysis and market sizing, the report also provides a competitive landscape that covers the growth strategies adopted by industry players over the last three years.

Company profiles also include the product portfolios, developments, and strategies adopted by prominent market players to maintain and increase their shares in the market. Market research data, the current market size, and the forecast of future trends will help key market players and new entrants to make the necessary decisions regarding product offerings, geographic focus, change in strategic approach, and levels of output to remain successful in the market.

Key Benefits of Buying the Report:
This report will enable both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help these firms garner greater market shares. Firms purchasing the report can use any one or a combination of the below-mentioned five strategies for strengthening their market shares.

The report provides insights on the following pointers:
• Market Penetration: Comprehensive information on the product portfolios of the top players in the flexible & semi-rigid ureteroscopy market
• Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the flexible & semi-rigid ureteroscopy market
• Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the flexible & semi-rigid ureteroscopy market
• Market Development: Comprehensive information about emerging markets. This report analyzes the market for various flexible & semi-rigid ureteroscopy across geographies
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the flexible & semi-rigid ureteroscopy market

Read the full report: https://www.reportlinker.com/p05574218

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

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Last updated on: 28/09/2018

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