Market Analysis

The global Flexible Semi Rigid Ureteroscopy Market is touted to have a phenomenal growth at a favorable 5.4% CAGR during the forecast period (2018-2023). Ureteroscopy is a process that urologists use for diagnosing kidney stones or any problems associated to the urinary tract. It is generally used to detect kidney stones present in the ureter. At the time of performing ureteroscopy the physician will insert into the bladder and ureter a flexible and thin device to check the problem. Through a flexible and semi-rigid ureteroscope almost every part of the urinary tract can easily be assessed using top quality digital optics that allows accurate assessment of stones and mucosal lesions. A key benefit of using ureteroscopes is the procedure will have minimum contra-indication.

There are several factors that is propelling the growth of the flexible semi rigid ureteroscopy market. These factors according to Market Research Future (MRFR) report include increasing cases of urolithiasis disease, increasing geriatric population, increasing incidences of kidney cancer and urinary stricture, advancements in technology such as rising use of single-use devices, adverse effects of the lithotripsy procedure, rising healthcare expenditure, favorable healthcare reforms, enhancement in hospital infrastructure, increasing dehydration and digestive diseases, rising obesity, any form of family history associated to kidney problems, and other medical problems such as consuming food high in sodium and protein sugar that may boost the risk of kidney stones. On the contrary, factors such as high price of surgical procedures, availability of other low-cost treatment alternatives, difficulty in cannulation as well as identification of the ureteral NB orifice may hamper the growth of the flexible semi rigid ureteroscopy market.

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Market Segmentation

According to the MRFR report the flexible semi rigid ureteroscopy market is segmented into product, application and end-user.

Based on product, it is segmented into rigid ureteroscopes, semi-rigid ureteroscopes and flexible ureteroscope. The flexible ureteroscopes is again segmented into digital ureteroscopes and fiberoptic ureteroscopes. Of these, flexible ureteroscopes is anticipated to haver the largest share in the market owing to advancements in technology in flexible ureteroscopes, increasing prevalence of kidney cancers and increasing incidence of urolithiasis.

Based on application, the flexible semi rigid ureteroscopy market is segmented into diagnostic and therapeutic applications. The therapeutic applications are further segmented into kidney cancer, urolithiasis, and urinary stricture.

Based on end-users, it is segmented into research centers, ambulatory surgical centers, diagnostic centers, hospitals and clinics. Of these, hospitals will lead the flexible semi rigid ureteroscopy market owing to increasing surgeries being performed in the hospitals.

Regional Analysis

Based on region, the flexible semi rigid ureteroscopy market covers growth opportunities and latest trends across North America, Europe, Asia Pacific and Middle East and Africa. Of these, North America will have precedence in the market due to rising incidences of urolithiasis, growing RD programs in flexible video-ureteroscopes, and rising healthcare expenditure. The flexible semi rigid ureteroscopy market in Europe will have the second major share owing to increasing occurrence of obesity and kidney cancer. In the APAC region, the flexible semi rigid ureteroscopy market will grow at the fastest pace owing to increasing number of kidney cancer and obesity in this region. The flexible semi rigid ureteroscopy market in the Middle East and Africa will have a low share during the forecast period owing to low per-capita income, dearth of well-trained healthcare experts and lack of awareness. However, the increasing healthcare services both in the community and in hospitals and rising oncology are predicted in influencing the flexible semi rigid ureteroscopy market positively.

Competitive Analysis

The flexible semi rigid ureteroscopy market is fragmented and highly competitive. The key players are engaging in various strategies namely research and development activities, business collaborations, geographic expansion and introduction of products that are technologically advanced.

Key Players

Leading players profiled in the flexible semi rigid ureteroscopy market include ProSurg (US), Vimex Endoscopy (Poland), Rocamed (France), Maxer Endoscopy (Germany), ELMED Medical Systems (Turkey), KARL STORZ (Switzerland), Richard Wolf (Germany), Boston Scientific (US), Olympus Corporation (Japan), Stryker (US) and others.

Sept 2018- Boston Scientific of late has launched a new ureteroscopy device- LithoVue Empower Retrieval Deployment Device both in Europe and the US to retrieve kidney stones with the help of flexible ureteroscopy (URS).

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