The global Ureteral Stents market size is expected to be worth around US$ 723.5 million by 2027, according to a new report by Vision Research Reports.
The global Ureteral Stents market size was valued at US$ 422.8 million in 2019 and is anticipated to grow at a CAGR of 7.0% during forecast period 2020 to 2027.
The growing incidence of urological and kidney-related disorders and the adoption of technologically advanced stents for safe and effective urological procedures are the major factors driving the market. A ureteral stent is a thin hollow tube introduced into the ureter to treat blockage of the urine flow from the kidney. These stents are utilized to treat various conditions in patients with kidney stones and urinary incontinence. These ureteral stents allow the passage of residual fragments without obstructing the ureter. In fact, any form of urological and kidney-related procedures mostly requires a ureteral stent to allow proper healing of the ureter. Furthermore, the prevalence of prostate cancer and tumors or narrowing/scarring of the ureter requires the need for ureteral stents during or after the treatment.
Growth Factors
These are used for several medical conditions such as kidney stones, urinary incontinence, and kidney transplants. Thus, with the mounting prevalence of these incidences, the market is anticipated to witness a significant growth rate over the forecast period.
For instance, as per the WHO report 2018, the world base of population pertaining to the age group of 60 and above is anticipated to reach 2.0 billion by 2050 from 900.0 million in 2015. This is expected to propel market growth over the forecast period.
Boston Scientific has unveiled the LithoVue Empower retrieval deployment device which is utilized with company’s single-use digital flexible ureteroscope during kidney stone retrieval procedures.
Report Highlights
Based on material, the polymer stents segment dominated the market with a share of 64.8% in 2019 owing to the high adoption of these stents during urological procedures due to its reduced rate of complications and infections
On the basis of application, the kidney stones segment dominated the market with a share of 36.8% in 2019. This is due to an increase in the adoption of a sedentary lifestyle such as dietary habits that leads to kidney stones and associated surgeries
North America dominated the market with the highest revenue share of 33.0% in 2019 owing to the increasing kidney-related illnesses, and availability of the latest treatment procedures in the region.
Key Players
Boston Scientific Corporation
B. Braun Melsungen AG
Cook Medical
BD
Coloplast Ltd.
Medline Industries
Merit Medical Systems, Inc.
Olympus Corporation
Teleflex Incorporated
Market Segmentation
Ureteral Stents Material Outlook
Metallic Ureteral Stents
Polymer Ureteral Stents
Silicone Stents
Polyurethane Stents
Hybrid Stents
Ureteral Stents Application Outlook
Kidney Stones
Kidney Transplantation
Tumors
Urinary Incontinence
Others
Ureteral Stents Regional Outlook
North America
The U.S.
Canada
Europe
The U.K.
Germany
France
Italy
Spain
Asia Pacific
Japan
China
India
Australia
South Korea
Latin America
Mexico
Brazil
Argentina
Colombia
The Middle East and Africa (MEA)
South Africa
Saudi Arabia
UAE
The Ureteral Stents 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 Ureteral Stents market for the base year 2019 and the forecast between 2020 and 2027. 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 Ureteral Stents market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Ureteral Stents market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Ureteral Stents 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 Ureteral Stents 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 Ureteral Stents 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 Ureteral Stents market. These figures have been provided in terms of both revenue and volume for the period 2016 to 2027. 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 Ureteral Stents market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Ureteral Stents 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 Ureteral Stents 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 Ureteral Stents 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 Ureteral Stents 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 Ureteral Stents 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 Ureteral Stents market. These factors have benefited the growth of the global market for Ureteral Stents. 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 Ureteral Stents. 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 Ureteral Stents are as follows:
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:
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Ureteral Stents Market, By Material
7.1. Ureteral Stents Market, By Material Type, 2020-2030
7.1.1. Metallic Ureteral Stents
7.1.1.1. Market Revenue and Forecast (2016-2030)
7.1.2. Polymer Ureteral Stents
7.1.2.1. Market Revenue and Forecast (2016-2030)
7.1.3. Silicone Stents
7.1.3.1. Market Revenue and Forecast (2016-2030)
7.1.4. Polyurethane Stents
7.1.4.1. Market Revenue and Forecast (2016-2030)
7.1.5. Hybrid Stents
7.1.5.1. Market Revenue and Forecast (2016-2030)
Chapter 8. Global Ureteral Stents Market, By Application
8.1. Ureteral Stents Market, by Application, 2020-2030
8.1.1. Kidney Stones
8.1.1.1. Market Revenue and Forecast (2016-2030)
8.1.2. Kidney Transplantation
8.1.2.1. Market Revenue and Forecast (2016-2030)
8.1.3. Tumors
8.1.3.1. Market Revenue and Forecast (2016-2030)
8.1.4. Urinary Incontinence
8.1.4.1. Market Revenue and Forecast (2016-2030)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2016-2030)
Chapter 9. Global Ureteral Stents Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, By Material (2016-2030)
9.1.2. Market Revenue and Forecast, by Application (2016-2030)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, By Material (2016-2030)
9.1.3.2. Market Revenue and Forecast, by Application (2016-2030)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, By Material (2016-2030)
9.1.4.2. Market Revenue and Forecast, by Application (2016-2030)
9.2. Europe
9.2.1. Market Revenue and Forecast, By Material (2016-2030)
9.2.2. Market Revenue and Forecast, by Application (2016-2030)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, By Material (2016-2030)
9.2.3.2. Market Revenue and Forecast, by Application (2016-2030)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, By Material (2016-2030)
9.2.4.2. Market Revenue and Forecast, by Application (2016-2030)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, By Material (2016-2030)
9.2.5.2. Market Revenue and Forecast, by Application (2016-2030)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, By Material (2016-2030)
9.2.6.2. Market Revenue and Forecast, by Application (2016-2030)
9.3. APAC
9.3.1. Market Revenue and Forecast, By Material (2016-2030)
9.3.2. Market Revenue and Forecast, by Application (2016-2030)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, By Material (2016-2030)
9.3.3.2. Market Revenue and Forecast, by Application (2016-2030)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, By Material (2016-2030)
9.3.4.2. Market Revenue and Forecast, by Application (2016-2030)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, By Material (2016-2030)
9.3.5.2. Market Revenue and Forecast, by Application (2016-2030)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, By Material (2016-2030)
9.3.6.2. Market Revenue and Forecast, by Application (2016-2030)
9.4. MEA
9.4.1. Market Revenue and Forecast, By Material (2016-2030)
9.4.2. Market Revenue and Forecast, by Application (2016-2030)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, By Material (2016-2030)
9.4.3.2. Market Revenue and Forecast, by Application (2016-2030)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, By Material (2016-2030)
9.4.4.2. Market Revenue and Forecast, by Application (2016-2030)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, By Material (2016-2030)
9.4.5.2. Market Revenue and Forecast, by Application (2016-2030)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, By Material (2016-2030)
9.4.6.2. Market Revenue and Forecast, by Application (2016-2030)
9.5. Latin America
9.5.1. Market Revenue and Forecast, By Material (2016-2030)
9.5.2. Market Revenue and Forecast, by Application (2016-2030)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, By Material (2016-2030)
9.5.3.2. Market Revenue and Forecast, by Application (2016-2030)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, By Material (2016-2030)
9.5.4.2. Market Revenue and Forecast, by Application (2016-2030)
Chapter 10. Company Profiles
10.1. Boston Scientific Corporation
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. B. Braun Melsungen AG
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Cook Medical
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. BD
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Coloplast Ltd.
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Medline Industries
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Merit Medical Systems, Inc.
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Olympus Corporation
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Teleflex Incorporated
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
Glossary of Terms