URETEROSCOPES MARKET ANALYSIS

Regional Analysis

Ureteroscopes Market Regional Analysis

North America is expected to hold the dominant position in global ureteroscopes market, due to presence of key players in the region and high success rates of ureteroscopy. For instance, according to data published by Department of Urology, New York Medical College, in 2016, after a single procedure, around 37% of patients who had undergone flexible ureteroscopy were stone free as compare to only 21% of the patients who were treated with Extracorporeal Shock Wave Lithotripsy (ESWL). Moreover, Boston Scientific Corporation and Stryker Corporation are the two U.S.-based major players in this market. Furthermore, increasing prevalence of kidney stone in the U.S. is also expected to increase demand for ureteroscopes, which is turn is driving the market growth in North America. For instance, according to data published in National Center for Biotechnology Information, in 2014, according to survey done by National Health and Nutrition Examination in 2012, around 10.6% of men and 7.1% of women in the U.S. are affected from renal stone disease and there is a rapid increase in prevalence of urinary tract stone disease. Asia Pacific is expected to exhibit significant growth in the global ureteroscopes market, owing to increasing incidence of kidney stone disease in population in India and China. For instance, according to data published in National Center for Biotechnology Information in 2017, the prevalence of kidney stone in Mainland China was estimated to be around 10.34% in males and 6.62% in females.