Disposable Ureteroscope Market Analysis, Trends and Dynamic Demand by Forecast 2016 to 2030
Key Trends Of Global Disposable Ureteroscope Market:
Growing Prevalence Of Urolithiasis:
The rise in demand for Ureteroscope can be due to the growing prevalence of urolithiasis or nephrolithiasis accompanied by the rising burden of obesity which is a risk factor for the development of kidney stones. In addition, a sedentary lifestyle, innovation in product design, and new product launches are responsible for the growth of the Ureteroscope market globally.
Also, rising technological advancements, better healthcare infrastructure, and the entrance of key pharmaceutical players serve as major factors for a boost in the Ureteroscope market.
On the contrary, the outbreak of the COVID-19 pandemic had a profound impact on the global Ureteroscope Market. Certain other factors such as the limited availability of a skilled workforce to utilize the device in medical setup and the high cost of Ureteroscope devices are expected to pose a challenge to the Ureteroscope market growth.
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Segmental Analysis of Global Disposable Ureteroscope Market:
Based On Product:
- Flexible Ureteroscopes
- Rigid Ureteroscopes
Based On Application:
- Kidney Cancer
- Urethral Stricture
- GI Endoscopy
- ENT Endoscopy
The bronchoscopy segment accounted for the highest revenue share of more than 29%. The growing prevalence of lung disorders and high adoption of minimally invasive bronchoscope procedures are driving the segment growth
Based On End-User:
- Diagnostics Centres
The hospitals' end-user segment accounted for the highest revenue share of more than 47% owing to favourable reimbursement policies and high product preference in hospitals for patients undergoing endoscopic procedures.
Moreover, the presence of a large number of hospitals performing endoscopic procedures in developed and developing countries is propelling the segment growth.
Global Disposable Endoscopes Market: Geographical Analysis
The Global Ureteroscopy Market is segmented into 5 major countries. North America, Europe, Asia-Pacific, Latin America and MEA.
North America dominated the global market and accounted for the highest revenue share of more than 41.5%. It is attributed to the high adoption of advanced technologies, the presence of developed infrastructure, and growing awareness about minimally invasive surgeries.
The increasing prevalence of cancer, gastrointestinal disorders, and the growing geriatric population are further expected to drive the regional market.
Global Disposable Endoscopes Market: Competitive Landscape:
ED.MD, Applaud Medical, Inc., Biorad Medisys Pvt Ltd., Boston Scientific Corporation, Dornier MedTech, Elmed Electronics & Medical Systems S.A., FUJIFILM Holdings Corporation, Karl Storz GmbH, Maxer Endoscopy GmbH, Olympus Corporation, OPCOM, PENTAX Medical, Prosurg Inc, Richard Wolf GmbH, Rocamed, Shanghai SeeGen Photoelectric Technology Co., Ltd., Smith & Nephew Inc., Stryker Corporation, Vimex Sp. z o.o., Zhuhai Mindhao Medical Technology Co. and Others.
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