Global Ureteral Stent Market: Overview
Ureteral stents are made of plastic tubes. They are flexible and thin tubes which help in restoring the flow of the urine through the blocked ureters. The block of the ureters can be due to various disorders. Ureteral stents are placed within ureters through a surgery commonly known as ureteral stenting. The device’s one end is placed in the urinary bladder and the other end is placed in the kidney. To prevent the dislocation of the device the ends may be coiled.
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Global Ureteral Stent Market: Segmentation
The global ureteral stent market is fragmented into the application, type, composition material, and end user. On the basis of application, the global market is segregated into ureterorenoscopy, lithotripsy, and schistosomiasis. Depending on the type, the market is categorized into closed end stents, multiloop stents, open end stents, and double pigtail stents. The different composition materials are classified into silicone stents, plastic stents, coated stents, polyurethane stents, hydrogel stents, and metal stents. On the basis of the end user, the market is bifurcated into gastrointestinal surgery clinics and hospitals.
Global Ureteral Stent Market: Growth Factors
The primary factors that are driving the ureteral stents market include the increasing aging population and the sedentary lifestyle which has increased the urological procedures. Other factors that will influence the rate at which the market will grow are an increasing number of people that are becoming obese, unhealthy dietary habits, less fluid intake, and the rise in the cases of metabolic disorders. New and advanced applications of the smartphone are available which helps in boosting the growth of the market for patient safety and stent case management, which is beneficial to both the patients and physicians. There are restraining factors that are affecting the ureteral stent market such as less availability of skilled surgeons, complications after removal of the stent, the stent placement procedure is complex, and difficulty in living with the presence of ureteral stent with side effects such as urgency to pass urine and increased occurrences of urination.
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Global Ureteral Stent Market: Regional Analysis
The geographical segmentation of the global ureteral stent market is diversified into North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific, and the Middle East and Africa. The developed markets such as Europe and North America and Europe are expecting to witness rapid growth. Factors that contribute to this growth are the presence of the prominent market players and rise in the number of urological surgeries, and constant research and development in the projects. Asia Pacific will have a positive growth owing to patient demographics that are favorable and emerging healthcare infrastructure. The Middle East region is having hospitals that are providing better services in the urology.
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Global Ureteral Stent Market: Competitive Players
The key market players that are involved in the ureteral stent market include Boston Scientific, Cook Medical, B. Barun, Allium Medical, Urotech, Opti-Med, Goharshafa, Mednova, Prosurg, Bard Medical, Coloplast, Applied Medical, Teleflex, Urovision, Surgimedik, and Taewoong Medical.
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