Ureteral Stents Market Research Report - Global Forecast till 2027

Global Ureteral Stents Market Research Report: Information by Type (Double Pigtail Ureteral Stent and others), Material (Metallic Stents, Polymers Stents and others), Treatment (Kidney Stones, Kidney Transplant and others), End-User (Hospitals, Nephrological Centers and Ambulatory Surgical Centers) and Region (Americas, Europe, Asia-Pacific and Middle East & Africa) - Forecast till 2027

ID: MRFR/MED/0880-HCR | February 2021 | Region: Global | 95 pages

Please note that the assessment period of report has been updated from 2019-2025 to 2020-2027. Cordially fill Sample form for the updated data.

Market Scenario

Ureteral Stents Market is expected to register 6.6% CAGR during the forecast period of 2019 to 2025, with a market value of USD 302.5 Million in 2018.

A ureteral stent is a thin tube inserted into the ureter to prevent or treat an obstruction of the urine flow from the kidney. The length of the stents used in adult patients varies between 24 and 30 cm.

The global ureteral stents market is driven by factors such as the rising prevalence of kidney diseases and the increasing number of kidney transplants.

Additionally, the technological advancements in ureteral stents and the rising adoption of minimally invasive surgeries are anticipated to fuel the market growth.

For instance, as per the Global Observatory on Donation and Transplantation, in 2016, 89,823 kidney transplants were done globally. Thus, the rising number of kidney transplants fueling the growth of the market.

Moreover, major companies in the market are involved in strategic acquisitions, collaborations, mergers, and new launches to sustain their position in the market.

For instance, in February 2017, Cook Medical launched Universa, a soft ureteral stent set, in its streamline percutaneous urinary drainage product line. This helped strengthen its ureteral stents product portfolio.

Segmentation

The global ureteral stents market has been segmented based on type, material, treatment, end users, and region.

The global market, based on type, has been bifurcated into double pigtail ureteral stent and others.

The double pigtail ureteral stent segment is expected to hold a significant share of the market due growing use of double pigtail ureteral stents as it provides a safe and effective method of ensuring urinary drainage.

Based on material, the global market is segmented into metallic stents, polymers stents, and others. The polymers stents segment is expected to hold a major share of the market due to growing use of bioabsorbable stents and technological improvement in ureteral stents.

The market, based on treatment, has been divided into kidney stones, kidney transplants, and others.

The kidney stones treatment is expected to hold a major share in the market due to the increasing prevalence of kidney stones. For example, according to Urology Annals, in 2018, worldwide, prevalence of kidney stones is 7% in adults, which will increase with recurrence rate of 30% within ten years. The incidence of kidney stones is growing globally with an estimated prevalence ranging up to 15%. During their lifetime, approximately 7% of women and 13% of men will develop a kidney stone.

Based on end user, the market is segmented into hospitals, nephrological centers, and ambulatory surgical centers. The hospitals segment is expected to hold a major share in the market due availability of facilities for kidney transplant procedures and availability of expertise in the hospital.

The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The ureteral stents market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada. The European ureteral stents market has been sub-divided into Western Europe and Eastern Europe. Western Europe has further been classified into Germany, France, the UK, Italy, Spain, and the rest of Western Europe.

The ureteral stents market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The ureteral stents market in the Middle East & Africa has been divided into the Middle East and Africa.

Key Players

The Key Players operating in the Global Ureteral Stents Market are Boston Scientific (US), Cook Medical (US), C.R. Bard (US), B. BRAUN (Germany), Olympus (Japan), Coloplast (Denmark), Allium Medical (Israel), Teleflex Incorporated (US), Biomerics (Italy), Medline industries inc. (US), Merit Medical Systems, Inc. (US), and BrightWater Medical (US).

Regional Market Summary

Global Ureteral Stents Market Share by Region, 2018 (%)

Source: World Health Organization (WHO)

The market in the Americas is expected to dominate the ureteral stents market due to the growing early product commercialization in the region, growing use of ureteral stents and the involvement of key companies are driving the growth of this market. The increasing incidence of kidney diseases in the US and Canada is expected to drive the market growth.

For instance, as per the statement of the National Center for Biotechnology Information, in the US, kidney stone affects 1 in 11 individuals, and it is estimated that 600,000 Americans suffer from kidney stones each year.

The market in the Asia-Pacific is expected to hold the second-largest share of the ureteral stents market due to the growing prevalence of kidney diseases, increasing geriatric population, and the increasing awareness about advanced medical devices in the region.

For example, as per the statement of the National Center for Biotechnology Information, in India about 12% of the population is expected to have urinary stones, of which 50% may end up with loss of kidney functions.

The market in Europe is projected to have a steady growth rate during the forecast period owing to the increasing preference for minimally invasive procedures and improved insurance and reimbursement policies.

The market in the Middle East & Africa is projected to account for the least share of the market due to low per capita disposable income in the region.

Global Ureteral Stents Market, by Type

Double Pigtail Ureteral Stent

Others

Global Ureteral Stents Market, by Material

Metallic Stents

Polymers Stents

Others

Global Ureteral Stents Market, by Treatment

Kidney Stones

Kidney Transplant

Others

Global Ureteral Stents Market, by End User

Hospitals

Nephrological Centers

Ambulatory Surgical Centers

Global Ureteral Stents Market, by Region

Americas
- North America
  - US
  - Canada
- Latin America

Europe
- Western Europe
  - Germany
  - France
  - Italy
  - Spain
  - UK
  - Rest of Western Europe
- Eastern Europe

Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific

Middle East & Africa
- Middle East
- Africa

Intended Audience

Research and development (R&D) companies

Medical device companies

Government research institutes

Academic institutes and universities

Venture capitalists

Report Scope:

Report Attribute/Metric	Details
Market Size	USD 302.5 Million (2018)
CAGR	6.6% (2019-2025)
Base Year	2019
Forecast Period	2020-2027
Historical Data	2018
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Information by Type, Treatment, End-User
Geographies Covered	North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Vendors	Boston Scientific (US), Cook Medical (US), C.R. Bard (US), B. BRAUN (Germany), Olympus (Japan), Coloplast (Denmark), Allium Medical (Israel), Teleflex Incorporated (US), Biomerics (Italy), Medline industries inc. (US), Merit Medical Systems, Inc. (US), and BrightWater Medical (US)
Key Market Opportunities	The global ureteral stents market is driven by factors such as the rising prevalence of kidney diseases and the increasing number of kidney transplants.
Key Market Drivers	The rising number of kidney transplants fueling the growth of the market

Frequently Asked Questions (FAQ) :

What was the value of the global ureteral stents market in 2018?

The valuation of the global ureteral stents market had reached USD 302.5 MN in 2018.

At what CAGR is the global ureteral stents market projected to grow in the forecast period (2019-2025)?

global ureteral stents market is projected to grow at 6.6% CAGR during the assessment period (2019-2025).

What are the major tailwinds pushing the growth of the global ureteral stents market?

Technological advances in ureteral stents and rising adoption of minimally invasive surgeries are the major tailwinds pushing the growth of the global ureteral stents market.

Which region holds the largest share in the global ureteral stents market?

North America holds the largest share in the global ureteral stents market, followed by Europe and the Asia Pacific, respectively.

Who are the top players in the global ureteral stents market?

Cook Medical (US), Boston Scientific (US), C.R. Bard (US), Olympus (Japan), B. BRAUN (Germany), Coloplast (Denmark), Teleflex Incorporated (US), Allium Medical (Israel), Biomerics (Italy), Merit Medical Systems, Inc. (US), Medline industries Inc. (US), and BrightWater Medical (US), are some of the major players operating in the ureteral stents market.

Table of Contents

REPORT PROLOGUE

MARKET INTRODUCTION

2.1. Definition

2.2. Scope of the Study

2.2.1. Research Objective

2.2.2. Assumptions

2.2.3. Limitations

RESEARCH METHODOLOGY

3.1. Overview

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

MARKET DYNAMICS

4.1. Overview

4.2. Drivers

4.3. Restraints

4.4. Opportunities

MARKET FACTOR ANALYSIS

5.1. Porter’s Five Forces Analysis

5.1.1. Bargaining Power of Suppliers

5.1.2. Bargaining Power of Buyers

5.1.3. Threat of New Entrants

5.1.4. Threat of Substitutes

5.1.5. Intensity of Rivalry

5.2. Value Chain Analysis

GLOBAL URETERAL STENTS MARKET, BY TYPE

6.1. Overview

6.2. Double Pigtail Ureteral Stent

Market Estimates & Forecast, by Region, 2020-2027