Market Size of Global Ureteral Stent Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.10 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Ureteral Stents Market Analysis
The ureteral stent market is expected to record a CAGR of 6.1% over the forecast period (2022-2027).
COVID-19 had a notable impact on the overall healthcare industry. As per the article published in 2020 under the title 'Urinary stone management during the COVID-19 pandemic: a suggested approach and review of literature', the study suggested that at-risk patients should be evaluated for urinary stones with ultrasonography after the lockdown period. The prolonged homestay has several negative effects on patients, including weight gain and physical inactivity, which may increase their chance of developing kidney stones. Furthermore, the article published in 2021 under the title 'Challenges in Urology during the COVID-19 Pandemic', stated that the issue of renal injury in COVID-19 patients needs a lot of attention since the chance of fluctuations in blood components is likely to be higher compared to other patients. Hence as per the factors mentioned above, COVID-19 had a significant impact on the ureteral stent market.
According to the American Urological Association, the most prevalent urological conditions are benign prostatic hyperplasia (BPH), urinary tract infections (UTIs), and ureteral stones. As per the same source, the average number of practicing urologists in the United States was 13,790 in 2021. Increased awareness, research and development, and government-funded programs related to the studies field boost market growth. For instance, the National Institute of Diabetes and Digestive and Kidney Diseases celebrated national kidney month in March 2022. The source states that NIDDK raises awareness and focuses on building paths to better kidney care.
As per the aforementioned factors, the ureteral stent market is likely to grow over the forecast period. However, the risk of infection restrains the market growth.
Ureteral Stents Industry Segmentation
As per the scope of the report, ureteral stents are tubes that are usually placed in the ureter to prevent blockage and allow passage for urine flow from the kidney to the urinary bladder. The Ureteral Stent Market is segmented by Product Type (Open-Ended, Close Ended, Double Pigtail, and Multiloop), Application (Kidney Stones, Kidney Transplant, Urinary Tract Infection, Other Applications), and Geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). The report offers the value (in USD million) for the above segments.
| By Product Type | |
| Open-Ended | |
| Close-Ended | |
| Double Pigtail | |
| Multiloop |
| By Application | |
| Kidney Stones | |
| Kidney Transplant | |
| Urinary Tract Infection | |
| Other Applications |
| Geography | ||||||||
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| Rest of the World |
Global Ureteral Stent Market Size Summary
The ureteral stent market is poised for growth, driven by increasing awareness and advancements in urological health. The market is influenced by the prevalence of conditions such as benign prostatic hyperplasia, urinary tract infections, and ureteral stones, which are common in the United States. The impact of COVID-19 has been significant, with studies highlighting the need for careful management of urinary stones and renal injuries in affected patients. Government initiatives and research efforts, such as those by the National Institute of Diabetes and Digestive and Kidney Diseases, are enhancing awareness and improving kidney care, further propelling market expansion. Despite the potential for growth, the market faces challenges, including the risk of infection associated with ureteral stents.
North America is expected to dominate the global ureteral stent market, largely due to the rising incidence of kidney-related diseases and chronic conditions like diabetes and high blood pressure. The region benefits from substantial research and development efforts, focusing on innovative stent designs that minimize tissue irritation and microbial adherence. Strategic initiatives by key players, including collaborations and product innovations, are also contributing to market growth. Companies such as Boston Scientific and Olympus Corporation are leading the way with advancements like the Tria Ureteral Stent, which offers enhanced protection against mineral deposits. These factors collectively suggest a positive outlook for the ureteral stent market over the forecast period.
Global Ureteral Stent Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Burden of Urological Disorders
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1.2.2 Awarness Campaigns Initiated by Government and Other Organization
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1.3 Market Restraints
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1.3.1 Risk of Infection
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD Million)
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2.1 By Product Type
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2.1.1 Open-Ended
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2.1.2 Close-Ended
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2.1.3 Double Pigtail
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2.1.4 Multiloop
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2.2 By Application
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2.2.1 Kidney Stones
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2.2.2 Kidney Transplant
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2.2.3 Urinary Tract Infection
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2.2.4 Other Applications
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Italy
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2.3.2.5 Spain
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2.3.2.6 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 South Korea
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2.3.3.6 Rest of Asia-Pacific
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2.3.4 Rest of the World
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Global Ureteral Stent Market Size FAQs
What is the current Global Ureteral Stent Market size?
The Global Ureteral Stent Market is projected to register a CAGR of 6.10% during the forecast period (2024-2029)
Who are the key players in Global Ureteral Stent Market?
Boston Scientific, Teleflex Inc., Beckton, Dickinson and Company, B. Braun SE and Olympus Corporation are the major companies operating in the Global Ureteral Stent Market.
