Digitized review to boost Ureteroscope Market
The ureteroscope market is expected to grow further on a healthy note. The current scenario is such that virtual monitoring tools are needed. They act as a precision factor for the healthcare vertical. Since it is more accessible for patients than for providers, several postoperative intervention options are available to prevent hospital readmission and complications. With profitability also returned, the healthcare vertical is expected to take off on a thriving note going forward.
The ureteroscope is used in a procedure called ureteroscopy. A ureteroscope is a diagnostic device used to examine the urinary tract from the inside. It is an endoscopic device that works in the ureter. The other endoscopes used in urology are the cytoscope and the nephroscope. It is a thin fiber tube with a light and a lens to see inside the ureter.
The device is used to push the kidney stone back into the kidney. The ureteroscopic procedure can be performed in different ways, such as the fragmentation of the stone with the laser beam passing through the fiber, which can be passed out with urine. The other procedure involves removing the stone using a small basket attached to a wire inserted into the ureteroscope. Complications associated with ureteroscopy are urinary tract infections, bleeding, abdominal pain and damage to the ureter. Men are likely to undergo ureteroscopy at an earlier age compared to women, who experience it later in life.
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The change in lifestyle, increased consumption of soft drinks and alcohols, decreased water intake, increased consumption of animal meat and eggs, lack of exercise and proper diet are the major driving factors for kidney stones, thus driving the increase in the demand for the global ureteroscope market.
Technological advancements and innovations in the ureteroscope have facilitated clinical application. Technologically developed and improved devices like robotic ureteroscopy where the surgeon controls the ureteroscopy using a joystick is another driving factor propelling the growth of the global ureteroscope market over the forecast period.
Based on product type
• Flexible ureteroscope
• Semi-rigid ureteroscope
• Rigid ureteroscope
Based on end user
• Urology clinics
• Diagnostic centers
• Endoscopy clinic
Based on demand
• Treatment of kidney stones
• Treatment of ureteral stones
• Diagnosis and examination
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On the basis of product type, the global ureteroscope market is divided into flexible ureteroscope, semi-rigid ureteroscope and rigid ureteroscope. Flexible ureteroscopes are often used when stones are located in the upper ureter. Semi-rigid or rigid ureteroscopes are firm and are often used when stones are located in the lower ureter. On the basis of application, the global ureteroscope market is divided into kidney stone treatment, ureteral stone treatment and diagnostics. The diagnostics segment is expected to register the highest growth rate in the global market till 2025.
Based on end-user, the global ureteroscope market is segmented into hospitals, urology clinics, diagnostic centers, endoscopic clinics. Urology clinics are expected to have a higher market share than hospitals over the forecast period.
Based on geography, the global ureteroscope market is segmented into five key regions: North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. North America accounts for the largest market share, followed by Europe.
Rising number of kidney stone cases per year regardless of age and gender, unhealthy dietary habits, sedentary lifestyle are the major factors driving the growth of the global ureteroscope market in these regions. The Asia-Pacific region is expected to register the highest growth rate in the market until 2025.
The prevalence of unhealthy cultural habits like chewing tobacco, drinking carbonated beverages, and increasing alcohol consumption has led to an increase in cases of kidney stones, thus leading to an increase in the market demand for ureteroscopy in Asia-Pacific.
Key players operating in the global ureteroscope market are Boston Scientific Corporation, Olympus America, Richard Wolf, Stryker, KARL STORZ GmbH & Co. KG, PENTAX Medical, Vimex Sp. z oo, SOPRO COMEG, Elmed Electronics & Medical Industry & Trade Inc., among others worldwide.
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The key player is implementing various strategies to maintain a prominent position in the global ureteroscope market such as new product launches, profitability and efficiency, mergers and acquisitions, etc. For example, ELMED’s Roboflex Avicenna is a remote-controlled device that provided a safe and suitable platform for flexible ureteroscopy.
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