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2022
Ureteral Stents Market

Ureteral Stents Market

by Product Type (Open End Stents, Closed End Stents, Double Pigtail Stents, Multiloop Stents), by Material (Metallic Stents, Polymer Stents), by Application (Kidney Stones, Kidney Transplantation, Tumors, Urinary Incontinence, Others), by End User (Hospitals, Clinics, Ambulatory Surgical Centers (ASCs)): Global Opportunity Analysis and Industry Forecast, 2020-2030

✷  Report Code: A04065
Pages: 210
Mar 2022 | 10861 Views
Author(s) : Swapna S , Onkar S
Tables: 176
Charts: 63
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Ureteral Stents Market Research, 2030

The global ureteral stents market was valued at $362.34 million in 2020, and is projected to reach $625.17 million by 2030, growing at a CAGR of 5.6% from 2021 to 2030. Ureteral stent is a thin tube introduced into the ureter to prevent or treat blockage of the urine flow from the kidney. This procedure is employed to restore urine flow through blocked ureters and retain the normal functions of kidney. These devices are inserted during or after treating kidney stones or tumors and urinary incontinence. The ureteral stent removal takes place after treatment procedure. Kidney transplantation is often associated with vesicoureteral complications, stenosis, and obstruction of the ureter tube. Ureteral stents are used to decrease associated complications after renal transplantation, thus preventing urine leaks, ureteric stenosis, or obstruction. For instance, double-J ureteral stent successfully treats minor ureteric leaks and obstruction of transplant ureter.

The overall impact of COVID-19 remains negative on the Ureteral Stents Market, owing to decline in number of geriatric patient visits in hospitals & clinics for kidney stones, tumors, tumors, urinary incontinence treatment, as these patients are more vulnerable to COVID-19 infection which lead to decline in demand of Ureteral Stents Market products. Furthermore, owing to the outbreak of Covid-19, most markets are experiencing a decline, especially in the Ureteral Stents Market.

 

Ureteral Stents Market, Ureteral Stents Market size, Ureteral Stents Market share, Ureteral Stents Market trends, Ureteral Stents Market growth, Ureteral Stents Market forecast, Ureteral Stents Market analysis, Ureteral Stents Market opportunity

The ureteral stents market size is expected to exhibit significant ureteral stents market growth during the forecast period, owing to increase in incidence of urological diseases caused by colonization of microorganisms or sedentary lifestyle. The key factors that drive the growth of ureteral stents market share are attributed to rise in number of kidney transplants, surge in geriatric population, and technological advancements in stents composition materials. However, lack of skilled professionals and adverse effects associated with the use of ureteral stents restrict the ureteral stents market opportunity. Conversely, advancements in healthcare infrastructure, rise in healthcare investment in developing countries, and development of ureteral stent tracker products are expected to provide numerous opportunities for the market growth during the forecast period.

The ureteral stents market is segmented on the basis of product type, application, material, end user, and region. According to product type, the market is divided into open end stents, double pigtail stents, closed end stents, and multiloop stents. On the basis of application, the market is divided into kidney stones, tumors, urinary incontinence, kidney transplantation, and others. On the basis of material, the market is divided into metallic stents and polymer stents. On the basis of end user, the market is divided into hospitals, clinics, and ambulatory surgical centers. On the basis of region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Ureteral Stents Market
By Product Type

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Double Pigtail Stents segment held a dominant position in 2020 and would continue to maintain the lead over the forecast period.

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By Product Type Segment Review

By type, the ureteral stents market forecast is divided into open end stents, double pigtail stents, closed end stents, and multiloop stents. The double pigtail stents segment was the major revenue contributor in 2020, and is anticipated to continue this trend during the forecast period, owing to increase in urological disorders and urological obstruction, high demand of stents with minimized migration, and rise in awareness about advanced stents with less complications. In addition, numerous initiatives taken by government and healthcare agencies also boost the market growth. On the other side, the demand for multiloop stents is projected to exhibit the fastest market growth in the coming years, owing to advancement in the stent technology, high demand for polymer materials, such as Percuflex, and development of stents with soft, smooth, and flexible surface biocompatible stents, which is expected to drive the market growth of multiloop ureteral stents during the forecast period.

Ureteral Stents Market
By Application

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Urinary Incontinence segment is projected as one of the most lucrative segment.

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By Application Segment Review

By application, the ureteral stents market is classified into kidney stones, tumors, urinary incontinence, kidney transplantation, and others. The urinary incontinence segment presently dominates the market, and is expected to remain dominant during the forecast period. This segment is expected to exhibit a prominent growth rate, owing to increase in geriatric population. In addition, the employment of ureteral stent, mainly double-J stent, ensures an appropriate urinary drainage from the kidney to the bladder.

Ureteral Stents Market
By Material

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Metallic Stents segment held a dominant position in 2020 and would continue to maintain the lead over the forecast period.

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By Material Segment Review

By material, the ureteral stents market is classified into metallic stents and polymer stents. The metallic stents segment presently dominates the market, and is expected to remain dominant during the forecast period. This segment is expected to exhibit a prominent growth rate, owing to resistance of metallic ureteral stents to encrustation with stone material. This provides longer dwelling time and reduces the frequency of stent change surgeries. Moreover, the total benign ureteral obstruction procedural cost using metallic ureteral stent is less as compared to procedural cost using polymer stent.

Ureteral Stents Market
By End User

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Hospitals segment is projected as one of the most lucrative segment.

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By End User Segment Review

By end user, the ureteral stents market is classified into hospitals, clinics, and ambulatory surgical centers. The hospitals segment presently dominates the market, and is expected to remain dominant during the forecast period. This segment is expected to exhibit a prominent growth rate, owing to the preference of geriatric population for hospital treatments, as all associated treatments are performed under one roof. In addition, a greater number of surgical procedures are also performed in hospitals.

Ureteral Stents Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

North America was holding a dominant position in 2020 and would continue to maintain the lead over the analysis period.

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By Region Segment Review

By region, the ureteral stents industry is analyzed across North America, Asia-Pacific, Europe, and LAMEA. North America dominated the market in 2020, accounting for the highest share, and is anticipated to maintain this trend during the forecast period owing to 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 also boosts the market growth.

This report provides comprehensive competitive analysis and profiles of prominent market players, such as key players 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.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the ureteral stents market analysis from 2020 to 2030 to identify the prevailing ureteral stents market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the ureteral stents market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global ureteral stents market trends, key players, market segments, application areas, and market growth strategies.

Ureteral Stents Market Report Highlights

Aspects Details
By Product Type
  • Open End Stents
  • Closed End Stents
  • Double Pigtail Stents
  • Multiloop Stents
By Material
  • Metallic Stents
  • Polymer Stents
By Application
  • Kidney Stones
  • Kidney Transplantation
  • Tumors
  • Urinary Incontinence
  • Others
By End User
  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers (ASCs)
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific  (Japan, China, India, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Key Market Players Allium Medical Solutions Ltd., BOSTON SCIENTIFIC CORPORATION, B. BRAUN MELSUNGEN AG, COOK MEDICAL, INC., COLOPLAST A/S, C. R. BARD INC., MEDLINE INDUSTRIES, INC., OLYMPUS CORPORATION, PNN MEDICAL A/S, TELEFLEX INCORPORATED
 

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Ureteral stents are used for patients suffering with complex urological disorders, such as kidney stones and prostate cancer, which result in narrowing of the ureter or scarring on the wall of ureter. Different types of ureteral stents are used for opening the blocked ureters, thus allowing the urine flow. Increase in geriatric population, high prevalence of urological disorders due to sedentary lifestyle, and technological advancements in stent composition drive the growth of the ureteral stents market. North America accounts for the highest share owing to rise in demand for technologically innovative products and presence of better healthcare centres in the region. Asia-Pacific is expected to possess high market potential, owing to rise in prevalence of urological diseases, rise in government initiatives for the improvement of the healthcare sector, and increase in disposable incomes.

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FREQUENTLY ASKED QUESTIONS?

A. The upcoming trends of Ureteral Stents Market in the world are increasing urological disorders and urological obstruction, high demand of stents with minimized migration, and rise in awareness about advanced stents with less complications.

A. The top companies to hold the market share in Ureteral Stents 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.

A. North America is the largest regional market for Ureteral Stents

A. Ureteral Stents market is projected to reach $ 625.17 million by 2030, registering a CAGR of 5.6% from 2021 to 2030.

A. The leading application of Ureteral Stents Market are kidney stones, tumors, urinary incontinence, kidney transplantation, and others.

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