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A recent report published by Infinium Global Research on ureteroscopes market provides in-depth analysis of segments and sub-segments in global as well as regional ureteroscopes market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional ureteroscopes market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global ureteroscopes market. According to the report the global ureteroscopes market is projected to grow at a CAGR of 4.3% over the forecast period of 2018-2024.
Ureteroscopes is a telescope-like instrument designed for examining the upper urinary tract. It passes through bladder and urethra is used to diagnosis and treatment a variety of problems in the urinary tract. In which there are no surgical cuts or incision made. This device is used to visualize small stones and tumors in the ureter and also during removal of kidney stone during surgery. Stone broket, grasper or laseris is passed through ureteroscope to perform the procedure. This is a minimally invasive procedure for the treatment of kidney stone.
The changing dietary habits and climatic condition are increasing the occurrences of kidney stones diseases. Growing urologic cancers across the globe are major key factors driving the growth of ureteroscopes market. In addition, the growing adoption of technologically advanced ureteroscopes is a supporting factor that also boosts the market. However, the high cost of ureteroscopy procedure may hamper the ureteroscopes market during the forecast period. Research and development in the fiberoptic ureteroscopes have featured such as improved image quality, enhanced deflection durability, and superior durability. Moreover, innovation in disposable ureteroscopes is anticipated to create lucrative growth opportunities for ureteroscopes market in the near future.
Among the regions, North America held the largest market share in ureteroscopes market. The factor such as high adoption of minimally invasive surgeries, high incidences of urolithiasis and presence of several key players present in this region and on-going development for new product development boost the market growth in this region. Asia-Pacific region is projected to achieve substantial growth in the global ureteroscopes market over the forecast period. Incidences of kidney stone diseases along with the increasing population in India and China and rising the healthcare awareness are some of the factors boosting the market in this region.
The report on global ureteroscopes market covers segments such as type, end user and applications. On the basis of type, the global ureteroscopes market is categorized into flexible ureteroscopes, rigid ureteroscopes, and semirigid ureteroscopes. On the basis of the end user the global ureteroscopes market is categorized into hospitals, specialty clinics, ambulatory surgical centers, and diagnostic imaging centers. On the basis of applications, the global ureteroscopes market is categorized into therapeutic applications and diagnostic applications.
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-Pacific region offers substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2018-2024.
The report provides profiles of the companies in the global ureteroscopes market such as Opcom Inc., Advanced Endoscopy Devices, Inc., SCHÖLLY FIBEROPTIC GMBH, Elmed Electronics & Medical Industry, Olympus Corporation, Boston Scientific Corporation, Stryker Corporation, Richard Wolf, KARL STORZ SE & Co. KG, PENTAX Medical and Prosurg, Inc.
The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global ureteroscopes market. Moreover, IGR-Growth Matrix analysis given in the report brings insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of ureteroscopes market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the ureteroscopes market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the ureteroscopes market to understand the present and future trends in this market and formulate their strategies accordingly.
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