Seattle, WA -- (SBWIRE) -- 09/16/2019 -- 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.
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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.
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Key Takeaways of the global ureteral stents market:
The global ureteral stents market is expected to expand at a CAGR of 5.8% during the forecast period (2018 – 2026), owing to increasing product launches by key players.
The double pigtail stents segment in the global ureteral stents market is expected to witness significant growth owing to product launches and technological advancements in the market. The advancements in double pigtail stent include modification of self-retained internal stent limits migration, minimizes irritant side effects, and facilitates endoscopic, percutaneous, and open surgical positioning
Detailed Segmentation:
By Product Type:
Double Pigtail Stents
Multiloop Stents
By Product Type:
Metal Stents
Polymer Stents
Silicone Ureteral Stents
Hybrid Ureteral Stents
Polyurethane Ureteral Stents
By Application:
Kidney Stones
Ureteroscopy
Lithotripsy
Percutaneous Nephrolithotomy
Kidney Transplantation
Urinary Incontinence
Tumors
Others
By End User:
Hospitals
Gastrointestinal Surgery Clinics
Ambulatory Surgical Centers
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Company Profiles
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
Teleflex Incorporated
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