The global ureterorenoscopes market is anticipated to be worth US$ 1.1 billion in 2021 and to grow at a CAGR of 5.8% to reach US$ 1.9 billion by 2032.
Uterorenoscopes have been a common medical technique for treating ureteral and renal stones since the 1980s. Numerous studies have shown that ureterorenoscopes are more efficient at treating stones in the distal ureter than in the proximal ureter. These devices have been reported to have the highest stone-free rate for stones larger than 10 mm in the proximal ureter and smaller than 10 mm in the distal ureter.
Uterorenoscope treatments for stone treatment are safe and dependable. Uterorenoscope-equipped devices lessen surgical trauma while adhering to the essential goal of total recovery. With a reduced working-channel calibre, the use of video carts, and continuous irrigation, ureterorenoscope devices allow for a more effective approach and complete evaluation of all ureteral stones.
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Advent of Telehealth and Virtual Care to Create Tailwind for the Ureterorenoscopes Market Growth
Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.
During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.
Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Ureterorenoscopes market.
Key Ureterorenoscopes Market Takeaways and Projections
- The US is estimated to continue dominating the North America market, projecting fastest growth in the region through 2032.
- Germany Ureterorenoscopes market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2022 to 2032.
- China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
- India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.
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Report Benefits & Key Questions Answered
- Ureterorenoscopes Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Ureterorenoscopes market. It also studies the impact of these dynamics on the market for the previous assessment period 2017 to 2021 to forecast the scope of market growth over the coming forecast period 2022 to 2032.
- Ureterorenoscopes Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Ureterorenoscopes market. As per the survey, Ureterorenoscopes sales will project steady growth over the forecast period.
- Ureterorenoscopes Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Ureterorenoscopes market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
- Ureterorenoscopes Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.
Competitive Landscape Analysis
The latest study conducted by FMI provides in-depth insights into the global Ureterorenoscopes market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Ureterorenoscopes market.
Some of the prominent market players are profiled by FMI are:
- Boston Scientific Corporation
- Olympus Corporation
- Stryker
- Richard Wolf GmbH
- PENTAX Medical
- KARL STORZ SE & Co. KG
- Elmed Electronics & Medical Industry & Trade Inc.
- AED.MD
- ProSurg Inc.
- Dornier MedTech.
- Erbe Elektromedizin GmbH
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Key Segments Covered in the Ureterorenoscopes Market Industry Survey
By Product:
- Flexible Ureterorenoscopes
- Rigid Ureterorenoscopes
- Semi-rigid Ureterorenoscopes
By Application:
- Ureteral Stone Treatment
- Renal Stone Treatment
- Urological disorders
- Others
By End User:
- Hospitals
- Diagnostic Imaging Centers
- Ambulatory Surgical Centers
- Specialty Clinics
Region
- North America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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