Global Flexible And Semi-Rigid Ureteroscopy Market: Key Trends, Market Share, Growth Drivers, And Forecast For 2025-2034
Flexible And Semi-Rigid Ureteroscopy Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034
The Business Research Company's Global Flexible And Semi-Rigid Ureteroscopy Market: Key Trends, Market Share, Growth Drivers, And Forecast For 2025-2034
LONDON, GREATER LONDON, UNITED KINGDOM, February 24, 2025 /EINPresswire.com/ -- Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
What Are The Market Size And Growth Projections For The Flexible And Semi-Rigid Ureteroscopy Market?
According to the data, the market for flexible and semi-rigid ureteroscopy devices has grown steadily in the past years. The global market size is expected to rise from $0.85 billion in 2024 to $0.91 billion in 2025, presuming a compound annual growth rate CAGR of 6.8%. This positive trajectory can be attributed to factors such as standardization of ureteroscopy procedures, global initiatives towards patient safety, a boost in medical tourism, increased government funding, and a trend towards less invasive surgeries.
Looking ahead, the market size is projected to expand further to $1.17 billion by 2029, clinging on to a CAGR rate of 6.6%. Factors fueling this growth include the expansion of medical insurance, the development of reusable scopes, the increasing globalization of medical devices, a swathe of regulatory approvals for devices, and the emergence of specialty clinics.
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What Drives The Growth Of The Market And What Trends Emerging?
The drive towards minimally invasive procedures holds promise for the market's continuous growth. Minimally invasive procedures, surgeries performed with smaller incisions or using natural body openings, have gained popularity owing to their advantages. They typically involve shorter recovery times, reduced pain and scarring, less risk of infection, and improved surgical outcomes, making them safer and more appealing to patients.
Flexible and semi-rigid ureteroscopy are minimally invasive techniques used to diagnose and treat urinary tract conditions like kidney stones and tumors by providing precise access and treatment with minimal trauma. Companies like Intuitive Surgical Inc., a US-based manufacturer of robotic products, for instance, reported a 12% increase in placements of their da Vinci surgical systems in 2023, indicating a clear preference for minimally invasive procedures.
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Who Are The Key Players In The Market?
Leading in the semi-rigid ureteroscopy market are companies such as Cardinal Health Inc., Becton Dickinson and Company, Stryker Corporation, Boston Scientific Corporation, Olympus Corporation, Coloplast A/S, Cook Medical Inc., Richard Wolf GmbH, B. Braun Melsungen AG, and KARL STORZ SE & Co. KG, among others. These organizations continuously strive for innovative solutions, making significant contributions to the development and growth of the field.
How Is The Market Segmented And What Are The Observed Regional Trends?
1 By Products: Flexible Ureteroscopes, Digital Ureteroscopes, Fiberoptic Ureteroscopes, Semi-Rigid Ureteroscopes
2 By Applications :Urinary Stricture, Upper Urinary Tract Infection, Urolithiasis, Kidney Cancer, Other Applications
3 By End Users: Hospitals, Ambulatory Surgical Centers, Other End Users
Observing regional trends, North America held the strongest position in the flexible and semi-rigid ureteroscopy market in 2024, bolstered by advances in medical technology and healthcare infrastructure. However, Asia-Pacific is expected to be the fastest-growing region in the forthcoming period.
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