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Rise in prevalence of disorders cases such as kidney stones, urinary incontinence, and kidney transplants drives the market growth. In addition, increase in geriatric population and technological advancement in stent design are expected to contribute towards the growth of the market.
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Ureteral Stents Market Insights on Trends, Share, Drivers and Opportunities till the End of 2023 Ureteral stents are used to enable the drainage of urine from blocked ureters in the case of various urological disorders such as kidney stones, tumors, urinary incontinence, and kidney transplantation. The global ureteral stents market is estimated to reach $449 million by 2023, growing at a CAGR of 5.7% from 2017 to 2023. The double pigtail stents segment held the highest market share. Constant technological developments, rise in incidence of urological diseases, and increase in medical tourism in the developing countries drive the growth of the market. However, lack of skilled urologists and complications related to ureteral stents are expected to limit the market growth. Download Sample @ https://www.alliedmarketresearch.com/request-sample/4414 The global ureteral stents market is segmented based on product, material, application, end user, and geography. On the basis of product, the double pigtail stents segment held the highest market share in 2016, owing to increased use of these instruments in surgical procedures. By material, Metallic Stents segment held the highest market share in 2016, and Polymer Stents segment is expected to grow at the highest rate, registering the CAGR of 8.2% by 2023. Based on application, metallic stents segment held the largest market share in 2016, due to increase in geriatric population and sedentary lifestyle. Based on end user, hospitals have witnessed the highest number of urological surgeries, thus accounting for the highest market share in 2016. Ureteral Stents Market Key Benefits: The study provides an in-depth analysis of the market with current trends and future estimations to elucidate the imminent investment pockets. The report provides information about the current and upcoming trends in the market from 2016 to 2023, which helps to determine the prevailing opportunities. Comprehensive analysis of factors that drive and restrict the growth of the market is provided. Identification of factors instrumental in changing the market scenario, rise in opportunities, and identification of key companies that can influence this market on a global and regional scale are provided. Key market players within the market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the global market.
The major players profiled in the global ureteral stents market are Boston Scientific Corporation, B. Braun Holding GmbH & Co. KG, Cook Group Incorporated, C. R. Bard, Inc., Coloplast Ltd., Medline Industries, Inc., Allium Medical Solutions Ltd., Pnn Medical A/S, Teleflex Incorporated, and Olympus Corporation. North America accounted for two-fifths share in 2016, and is expected to dominate the market throughout the forecast period. This is attributed to the presence of well- established healthcare systems and increase in prevalence of diseases, such as kidney stones and tumors. In addition, higher adoption rate for technologically advanced devices is anticipated to provide new growth opportunities for the key players in the North American market. However, Asia-Pacific is projected to grow at the highest growth rate during the analysis period, owing to rise in healthcare expenditure, increase in per capita income, growth in demand for healthcare services from a large patient pool, and improvement in healthcare infrastructure. Make an Inquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/4414