Ureteral Stents Market Outlook
The global ureteral stents market size was valued at USD 503.80 Billion in 2022 and is likely reach to USD 851.16 Billion by 2031, expanding at a CAGR of 6.% during the forecast period, 2023 – 2031. The growth of the market is attributed to the increasing cases of urological and kidney-related disorders.
Ureteral stents consist of a thin tube, which is placed into ureter and helps urine to flow from the kidney. Ureteral stents are used for the treatment of kidney stones. Ureteral stents have two ends, namely, the upper part placed on the kidney and the opposite end which is wrapped around the bladder.
They are primarily used to allow urine to pass through the kidneys through obstruction of the ureter and to relieve associated pain. Ureteral stents allow kidneys to function normally and leave the ureters open. They treat and control conditions such as kidney stones, kidney transplants, and urinary incontinence.
Ureteral stents need to be replaced every 3-6 months, as stents cause multiple problems if placed in one place for too long such as:
- Infections
- Blocked ureter
- Kidney stones
Market Trends, Drivers, Restraints, and Opportunities
- Increasing cases of urological and kidney-related disorders is expected to propel the market during the forecast period.
- Demand for ureteral stents increased, due to growing cases of kidney transplant cases.
- Rising geriatric population is expected to drive the market during the forecast period.
- Increasing incidences of prostate cancer are anticipated to drive the market during the forecast period, as ureteral stents are required for treatment.
- Demand for ureteral stents increased, due to changing lifestyles which include changing food habits and increasing intake of calcium and alcohol. Negative lifestyle results in various health problems such as urolithiasis (kidney and ureteral stones) and urinary incontinence, which is expected to drive the market during the forecast period.
- Increasing awareness among people about advanced medical devices is anticipated to drive the market during the forecast period.
- Increasing investments and advancements in technology are expected to drive the market during the forecast period.
- Increasing government expenditure in healthcare is anticipated to drive the market during the forecast period.
- Difficulties in removing ureteral stents are expected to hinder the market growth during the forecast period.
- Development of ureteral stent products is anticipated to create multiple growth opportunities for the key players in the market during the forecast period.
Scope of Ureteral Stents Market Report
The report on the global ureteral stents market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Ureteral Stents Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Types (Open End Stents, Closed End Stents, Double Pigtail Stents, and Multiloop Stents), Materials (Metallic Ureteral Stents and Polymer Ureteral Stents {Silicone Stents, Polyurethane Stents, and Hybrid Stents}), Applications (Kidney Stones, Kidney Transplantation, Tumors, Urinary Incontinence, and Others), End-users (Hospitals and Clinics)
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Geographical Scope
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North America, Asia-Pacific, Europe, Latin America, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Boston Scientific Corporation, COOK MEDICAL LLC, B. Braun Melsungen AG, BD, Coloplast Ltd., Merit Medical Systems, Inc., Olympus America, Teleflex Incorporated, UROMED Kurd Drews KG, and Palex Medical
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Ureteral Stents Market Segmental Insights
Based on types, the market is divided into open end stents, closed end stents, double pigtail stents, and multiloop stents. The double pigtail stents segment is expected to hold a significant market share during the forecast period.
Double pigtail stents are used in endourologic procedures for treating pain, infections, and obstruction. Hence, rising number of endourologic procedures are expected to drive the double pigtail stents segment during the forecast period.
On the basis of materials, the market is divided into metallic ureteral stents and polymer ureteral stents. Polymer ureteral stents is further segmented into silicone stents, polyurethane stents, and hybrid stents. The polymer ureteral stents segment is anticipated to expand at a considerable CAGR during the forecast period.
Polymer ureteral stents are widely preferred by physicians and patients, due to various benefits associated with these stents such as enhanced flexibility and biocompatibility. Polymer ureteral stents reduce various complications and infections during implantation.
Based on applications, the market is divided into kidney stones, kidney transplantation, tumors, urinary incontinence, and others. The kidney stones segment is expected to expand at a significant CAGR during the forecast period, owing to changing lifestyles such as food habits, which cause various diseases such as urolithiasis. While treating kidney stones, ureteral stents are required for the treatment of ureterorenoscopy (URS) and ureteroscopy.
Based on end-users, the market is divided into hospitals and clinics. The hospitals segment is expected to hold a significant market share during the forecast period. Factors such as increasing incidence of urological and kidney-related disorders, availability of facilities for kidney transplants, and advancements in technologies are anticipated to propel the hospitals segment during the forecast period.
Ureteral Stents Market Regional Outlook
Based on regions, the market is divided into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. North America is expected to expand at a significant CAGR during the forecast period, owing to increasing urological and kidney-related disorders such as urinary incontinence, kidney stones, and chronic kidney disease. Increasing government expenditure in healthcare is anticipated to fuel the market during the forecast period in the region.
Segments
By Product Types
- Open End Stents
- Closed End Stents
- Double Pigtail Stents
- Multiloop Stents
By Materials
- Metallic Ureteral Stents
- Polymer Ureteral Stents
- Silicone Stents
- Polyurethane Stents
- Hybrid Stents
By Applications
- Kidney Stones
- Kidney Transplantation
- Tumors
- Urinary Incontinence
- Others
By End-Users
By Regions
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players
- Boston Scientific Corporation
- COOK MEDICAL LLC
- B. Braun Melsungen AG
- BD
- Coloplast Ltd.
- Merit Medical Systems, Inc.
- Olympus America
- Teleflex Incorporated
- UROMED Kurd Drews KG
- Palex Medical
Competitive Landscape
Key players focus on strategies such as product development, collaborations, partnerships, technological advancements, research and development, and mergers and acquisitions. Some key players are Boston Scientific Corporation, COOK MEDICAL LLC, B. Braun Melsungen AG, BD, Coloplast Ltd., Merit Medical Systems, Inc., Olympus America, Teleflex Incorporated, UROMED Kurd Drews KG, and Palex Medical.