The 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, 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), was valued at US$ 359.9 Million in 2018, and is projected to exhibit a CAGR of 5.8%, during the forecast period (2018 - 2026), as highlighted in a new report published by Coherent Market Insights.
Increasing prevalence of urological and kidney related disorders is expected to result in a high demand for ureteral stents over the forecast period. For instance, according to the study published by the National Center for Biotechnology Information (NCBI), in October 2018, an estimated 1 to 19% of the population in India is suffering from urolithiasis.
Furthermore, increasing demand for kidney transplant procedures is expected to be another factor contributing to the market growth. For instance, according to the Global Observatory on Donation and Transplantation, 2016, around 89,823 kidney transplant surgeries were performed worldwide in 2016, which was an increase by 6.5% from 2015.
Browse 44 Market Data Tables and 41 Figures spread through 211 Pages and in-depth TOC on "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, Polyurethane Ureteral Stents)), by Application (Kidney Stones (Ureteroscopy, Lithotripsy, 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) - Global Forecast to 2026"
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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 ureteropelvic 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. For instance, in 2015, Coloplast A/S conducted a study on its Double Loop Ureteral stent endoscopic placement for Kidney Calculi indication in Europe. Through this study, the company focused on understanding the effects of a silicone hydro-coated double loop ureteral stent on symptoms and quality of life in patients undergoing ureteroscopy for kidney stone.
Key Takeaways of the global ureteral stents market:
Major players operating in the global ureteral stents market include HydrUStent, LDA, UROMED Kurt Drews KG, Taewoong Medical Co., Ltd., Pnn Medical A/S, Optimed Medizinische Instrumente GmbH, Applied Medical Resources Corporation, Allium Medical Solutions Ltd., Cook Group, Becton, Dickinson And Company, B. Braun Melsungen AG, Coloplast A/S, Q Urological Corporation, Boston Scientific Corporation, Olympus Corporation, and Teleflex Incorporated.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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