Flexible and Semi-rigid Ureteroscopy Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2030

Published Date : Feb 2021 | No. of Pages : 250 Pages | Category : Healthcare

The global Flexible and Semi-rigid Ureteroscopy market size was valued at US$ 856.3 million in 2020 and is anticipated to grow at a CAGR of 6.1% during forecast period 2021 to 2030.

Growth Factors

Technological advancements in the size and design area of ureteroscopes has allowed easier access to the ureter and kidney via the urethra, eliminating the need for any surgical incision.Furthermore, with semi-rigid and flexible ureteroscopes nearly all parts of urinary tract can be easily assessed, with high quality digital optics providing accurate assessment of mucosal lesions and stones.

One of the major benefits of ureteroscopes is that there is minimum contra-indication for the procedure. In addition, recently the role of ureteroscopes has extended, mainly due to the rising prevalence of obesity, bleeding diathesis, and pediatric stone disease. Prevalence of obesity is at an all-time high and it has been observed that obese people are at high risk of developing kidney stones. This is anticipated to further accelerate growth of the market for flexible and semi-rigid ureteroscopy.

Increased anesthetic risk and other treatments such as shock wave lithotripsy or percutaneous nephrolithotomy are often unsuccessful. Hence, ureteroscopy is often considered as the ideal choice for obese patients. This factor can further drive expansion of the market over the forecast period.

Report Highlights

Flexible ureteroscope segment held the dominant market share in terms of revenue in 2017 owing to wide utilization of the product. Flexible ureteroscopes are considered as the gold standard for treating various stones in the kidney and ureter. These products provide accurate and effective treatment process and they help in reducing the overall treatment cost. Hospitals and ambulatory surgical centers are switching from semi-rigid ureteroscopes to fully digital flexible ureteroscopes. This factor is anticipated to bode well for market growth in the forthcoming years.

Furthermore, major players are focusing on developing technologically advanced ureteroscopes, which is further expected to accelerate growth of the market. The key market players providing flexible ureteroscopes are Boston Scientific, Olympus, Richard Wolf, and Stryker.

Based on application, the flexible & semi-rigid ureteroscopy market is categorized into urolithiasis, urinary stricture, and kidney cancer. Urolithiasis was the largest segment in terms of revenue in 2020. It is estimated to continue holding the largest market share over the forecast period, mainly due to high prevalence of kidney stone.

According to an article published by the journal of Urology Annals, kidney stone is a common problem affecting people globally, with a prevalence rate of approximately 7% among adults. Globally, the incidence rate of kidney stone is projected to rise by up to 15%. It has been estimated that around 13% men and 7% women will develop a kidney stone during their lifetime.

Based on end-use, the market is categorized into hospitals, ambulatory surgical centers, and others. Hospitals was the largest segment in terms of market share in 2020 and is likely to maintain its position over the forecast period. Majority of diagnostic tests are performed in hospitals, mainly due to easy access. This factor is anticipated to bode well for the segment growth over the forecast period.

The ambulatory surgical centers segment is expected to witness significant growth over the forecast period. The payers and governments analyze costs and are shifting towards value-based care. Hence, outpatient surgery is likely to witness a rise in the forthcoming years. Consumers prefer outpatient settings for minor surgical procedures, as it is convenient and inexpensive. This will dampen growth of follow-up visits and shift care away from hospitals and emergency department settings.

North America was the largest revenue generating region in 2020, followed by Europe. One of the major factors responsible for their continued dominance is the presence of significant market players such as Boston Scientific, Stryker, and Elmed Medical Systems. North America is the most well-established market in terms of the usage of ureteroscopes. Well-established healthcare infrastructure, patient awareness, presence of advanced instruments are some other factors attributed to continued dominance of the region.

Asia Pacific is likely to witness the fastest growth over the forecast period owing to the increasing incidence of urolithiasis coupled with growing geriatric population. In addition, the need for better diagnosis and huge unmet clinical needs are expected to drive the regional market in the forthcoming years.

Key Players

Boston Scientific, Olympus, Karl Storz Medical AG, Stryker, Elmed Medical Systems, Maxer Endoscopy, Richard Wolf, and Vimex Endoscopy.

Market Segmentation

  • Product Outlook 

    • Flexible Ureteroscopes

      • Digital Ureteroscopes

      • Fiberoptic Ureteroscopes

    • Semi-rigid Ureteroscopes

  • Application Outlook 

    • Urolithiasis

    • Urinary Stricture

    • Kidney Cancer

  • End-use Outlook 

    • Hospitals

    • Ambulatory Surgical Centers

    • Others

  • Regional Outlook 

    • North America

      • U.S.

      • Canada

    • Europe

      • U.K.

      • Germany

    • Asia Pacific

      • Japan

      • China

      • India

    • Latin America

      • Brazil

      • Mexico

    • MEA

      • South Africa

The Flexible and Semi-rigid Ureteroscopy market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Flexible and Semi-rigid Ureteroscopy market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Flexible and Semi-rigid Ureteroscopy market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Flexible and Semi-rigid Ureteroscopy market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Flexible and Semi-rigid Ureteroscopy market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Flexible and Semi-rigid Ureteroscopy capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Flexible and Semi-rigid Ureteroscopy by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Flexible and Semi-rigid Ureteroscopy market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Flexible and Semi-rigid Ureteroscopy market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Flexible and Semi-rigid Ureteroscopy market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Flexible and Semi-rigid Ureteroscopy industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

The Flexible and Semi-rigid Ureteroscopy market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Flexible and Semi-rigid Ureteroscopy market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Flexible and Semi-rigid Ureteroscopy market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Flexible and Semi-rigid Ureteroscopy market. These factors have benefited the growth of the global market for Flexible and Semi-rigid Ureteroscopy. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Flexible and Semi-rigid Ureteroscopy. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Flexible and Semi-rigid Ureteroscopy are as follows:

  • Historic Year: 2017-2020
  • Base Year: 2021
  • Forecast Year 2021 to 2030

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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