Report Overview

The global ureteroscopes market was valued at US$ 1,005.5 million in 2021 and is expected to witness a CAGR of 5.4% during the forecast period from 2022 to 2030.

Market Fundamentals                                                                                          

Ureteroscope is a medical device used in procedures, where a tiny tube is inserted into the ureter to examine the urinary tract. Ureteroscopy is widely used to detect and treat various kidney conditions, including kidney cancer, urolithiasis, urethral infection, and many more. It is a type of endoscopic device and is used in a minimally invasive procedure. Compared to conventional kidney stone removal procedures, such as extracorporeal shock wave lithotripsy (ESWL), percutaneous nephrolithotomy (PCNL), etc., the ureteroscopic procedure provides greater accuracy and a lower risk of problems or complications.

[9873343]

Market Dynamics

The growth of the ureteroscopes market in the healthcare industry is expected to boost during the forecast period owing to the growing prevalence of urolithiasis and urolithic cancer, the rising geriatric population, and growing ureteroscopic procedures. Additionally, the growing adoption of minimally invasive procedures, increasing R&D activities (especially in enhancing the lens quality), and developing technological advancement further fuel the market expansion. Furthermore, development in designs of the ureteroscope and increasing healthcare expenditure contribute to market development. In addition, rising urbanization and leading to an unhealthy lifestyle due to high consumption of sugary products, lack of physical activities, obesity, and many more are some of the risk factors for rising incidences of kidney disorders, thus, significantly impacting the market growth. However, some restraining factors to this growth include the dearth of skilled and well-trained professionals and the growing cost of advanced ureteroscopes. 

Market Ecosystem

The global ureteroscopes market has been analyzed from four perspectives: type, application, end-user, and region. 

Ureteroscope Market by Type

[2313124]

The market has been segmented based on type into flexible ureteroscopes, fiberoptic ureteroscopes, and semi-rigid ureteroscopes. The flexible ureteroscope holds the largest revenue share in the market. This dominance can be attributed to increasing ureteroscopic procedures using flexible ureteroscope and its major advantage of treating the bilateral kidney stones problem during the same flexible ureteroscopy procedure. Furthermore, the high affordability rate and preference for flexible ureteroscope also contribute to this development. Additionally, technological advancements such as fully digital flexible ureteroscope to obtain better efficacy in the treatment and improve accuracy also greatly impact this segment growth.

Ureteroscope Market by Application

Based on the application, the market has been segmented into urinary stricture, urolithiasis, and kidney cancer. The urolithiasis segment accounted for the largest revenue share in the market owing to the rise in the incidences of kidney stones. The growth of such cases can be majorly attributed to the increasing consumption of alcohol, obesity, growing sugary and junk food intake, and low water consumption. Additionally, rising aged population across the globe further fuels the growth of this segment, thereby propelling the market development.

Ureteroscope Market by End-user

The end-user market has been segmented into hospitals, specialty clinics, and ambulatory centers. The hospital leads the market with the largest revenue share. Hospitals are primary and most preferred healthcare facilities with a large patient population. Additionally, this segment has a high rate of medical procedures. It provides advanced technologies with enhanced infrastructure, thus, propelling the overall growth of the market. At the same time, specialty clinics are expected to show noticeable growth during the projection period.

Ureteroscope Market by Region

The market has been segmented based on regions: North America, Europe, Asia Pacific, and the Rest of the World. North America leads the global ureteroscopes market with the largest revenue share. It is also expected to maintain its dominance in the forecast period. The growth of this market can be attributed to various factors, such as the high prevalence of kidney problems, a large base for the elderly population, and advanced healthcare infrastructure. Rapid growth in R&D activities, technological advancement, and high healthcare expenditure also contribute to the ureteroscopes market in North America. Wherein Europe holds the second largest share in the market owing to its enhanced healthcare infrastructure and high healthcare expenditure. 

The Asia Pacific is an emerging region with continuous development in the healthcare sector, increasing adoption of advanced technologies, and a rising aged population. Furthermore, improving medical tourism and augmentation in healthcare spending for better medical facilities further fuel the growth of the ureteroscopes market in the Asia Pacific.

Competitive Landscape

Some prominent players operating in the global ureteroscopes market are:

• Stryker Corporation
• Richard Wolf GmbH
• Rocamed SAM
• Olympus Corporation
• Merchant logo
• Vimex Sp. o.o.
• Boston Scientific Corporation Incorporated
• Elmed Medical Systems Inc.
• Karl Storz SE & Co. KG
• Prosurg Inc.
• Maxer Endoscopy GmbH
• PENTAX Medical

Strategic Developments

• In January 2022, Applaud Medical Inc. received US FDA approval for its Acoustic Enhancer technology which can be used in URS-LL (URS-LL). This technology was developed to enhance the treatment method, patient experience, and medical cost.
• In August 2020, Olympus Winter and Ibe GmbH received FDA approval for an advanced OES ureteroscope to enhance their product pipeline.
• In April 2019, Dornier MedTech launched a new and advanced product called “AXIS," a single-use digital flexible ureteroscope in stone management products. 

Frequently Asked Questions About This Report