Global Ureteral Stents Market, by Product Type (Double Pigtail Stents and Multiloop Stents), by Material Type (Metal Stents and Polymer Stents (Silicone Ureteral Stents, Hybrid Ureteral Stents, and Polyurethane Ureteral Stents)), by Application (Kidney Stones (Ureteroscopy, Lithotripsy, and Percutaneous Nephrolithotomy), Kidney Transplantation, Urinary Incontinence, Tumors, and Others), by End User (Hospitals, Gastrointestinal Surgery Clinics, and Ambulatory Surgical Centers), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), is estimated to be valued at US$ 828.4 Mn in 2022 and is expected to exhibit a CAGR of 5.6% during the forecast period (2022-2030), as highlighted in a new report published by Coherent Market Insights.
Manufacturers in the ureteral stents market are engaged in product developments and technological innovations which is expected to drive the global ureteral stents market growth. Additionally, increasing focus of physicians towards minimally invasive treatment of ureteral stricture is a major reason driving growth of the market. For instance, C-Flex Double Pigtail Ureteral Stent product from Cook Medical is used for temporary internal drainage from the ureter pelvic junction to the bladder. Some of the key players offering pigtail stents are Boston Scientific, Olympus Medical Corporation, SILMAG, UROMED, Coloplast Ltd, and C.R Bard. Increasing number of product developments and focus on product improvement are contributing significantly to the growth of the global ureteral stents market.
Global Ureteral stents Market– Impact of Coronavirus (COVID-19) Pandemic
The most recent pandemic is coronavirus (COVID-19) pandemic, which was initially detected on December 31, 2019, in Wuhan, China. COVID-19 was declared a pandemic by the World Health Organization on March 11, 2020. According to the World Health Organization's Coronavirus Illness (COVID-19) Epidemiological Update, coronavirus disease (COVID-19) caused approximately 517 million cases and 6,261,708 fatalities globally, till May 9, 2022.
Furthermore, COVID-19 pandemic is expected to have negative impact on the global ureteral stents market growth, owing to decreased number of surgeries during the COVID-19 pandemic. For instance, according to an article published by the National Center for Biotechnology Information, a set of databases providing access to biomedical and genomic information, in December 2020, the weekly rate of surgical procedures did not decrease significantly during week 1 of the COVID period (March 11, 2020–March 31, 2020) when compared to the equivalent period in 2019. However, it decreased by 78% by week 2 and by 83% by week 3 as compared to the equivalent period in 2019. This study was carried out in Ontario, Canada by utilizing health administrative data sets of all hospital-based, scheduled, and urgent surgical procedures.
Browse 45 Market Data Tables and 49 Figures spread through 197 Pages and in-depth TOC on “Global Ureteral Stents Market”- Global Forecast to 2030, Global Ureteral Stents Market, by Product Type (Double Pigtail Stents and Multiloop Stents), by Material Type (Metal Stents and Polymer Stents (Silicone Ureteral Stents, Hybrid Ureteral Stents, and Polyurethane Ureteral Stents)), by Application (Kidney Stones (Ureteroscopy, Lithotripsy, and Percutaneous Nephrolithotomy), Kidney Transplantation, Urinary Incontinence, Tumors, Others), by End User (Hospitals, Gastrointestinal Surgery Clinics, and Ambulatory Surgical Centers), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa).
To know the latest trends and insights related to global ureteral stents market, click the link below:
https://www.coherentmarketinsights.com/market-insight/ureteral-stents-market-2172
Moreover, increasing research and development for ureteral stents, is expected drive the global ureteral stents market growth over the forecast period. For instance, in July 2021, a study published in Science Direct, a scientific journal, the Department of Urology, Molinette University Hospital, and Turin, Italy found that Pigtail Suture Stents (PSS) significantly reduced stent-related symptoms after Ureteroscopy (URS), especially urinary symptoms and pain, when compared to conventional Double J (DJ) stents, and had a good safety profile.
Key Takeaways of the Global Ureteral stents Market:
- Global ureteral stents market is expected to exhibit a CAGR of 5.6% during the forecast period owing to increasing prevalence of urolithiasis worldwide due to changes in lifestyle such as dietary habits and sedentary lifestyle, which is a major factor driving the ureteral stents market growth over forecast period. For instance, Urolithiasis is a urologic disorder, and places a significant burden on the healthcare system. According to a study published in the National Center for Biotechnology Information (NCBI), in October 2018, an estimated 1 to 19% of the population in India suffered from urolithiasis.
- Major players operating in the global ureteral stents market include Boston Scientific Corporation, Allium Ltd., Braun Melsungen AG, Cook, Coloplast Corp., Medline Industries, LP., Olympus America, Pnn Medical A/S, Teleflex Incorporated, Becton, Dickinson and company, Richard Wolf GmbH, Merit Medical Systems, Biomerics, HydrUStent SA, TAEWOONG, and Applied Medical Resources Corporation
