Ureteral Stents Market Size Worth $723.6 Million By 2027 | CAGR: 7.0%: Grand View Research, Inc.

Ureteral Stents Market Size Worth $723.6 Million By 2027 | CAGR: 7.0%: Grand View Research, Inc.

PR Newswire

SAN FRANCISCO, Nov. 11, 2020

SAN FRANCISCO, Nov. 11, 2020 /PRNewswire/ -- The global ureteral stents market size is anticipated to reach USD 723.6 million by 2027, expanding at a CAGR of 7.0%, according to a new report by Grand View Research, Inc. Rising incidence of urological diseases such as kidney stones, urinary incontinence, tumors is driving the market. Ureteral stents help in restoring the flow of urine through the blocked ureters and are utilized during urological surgeries to maintain the patency of the ureter. These are used for several medical conditions such as kidney stones, urinary incontinence, and kidney transplants. Thus, with the mounting prevalence of these incidences, the market is anticipated to witness a significant growth rate over the forecast period.

Grand View Research Logo

Key suggestions from the report:

Read 110 page research report with ToC on "Ureteral Stents Market Size, Share & Trends Analysis Report By Material (Metallic, Polymer), By Application (Kidney Stones, Kidney Transplantation, Tumors, Urinary Incontinence), By Region, And Segment Forecasts, 2020 - 2027'' at: https://www.grandviewresearch.com/industry-analysis/ureteral-stents-market

In addition, the geriatric population is at higher risk to develop urological and kidney-related issues such as kidney stones. Thus, the growing geriatric population is expected to drive the market. For instance, as per the WHO report 2018, the world base of population pertaining to the age group of 60 and above is anticipated to reach 2.0 billion by 2050 from 900.0 million in 2015. This is expected to propel market growth over the forecast period.

Furthermore, the incorporation of new technologies and introduction of new products by market players are expected to boost the market growth. For instance, in 2019, Boston Scientific has unveiled the LithoVue Empower retrieval deployment device which is utilized with company's single-use digital flexible ureteroscope during kidney stone retrieval procedures.

Grand View Research has segmented the global ureteral stents market on the basis of material, application, and region:

List of Key Players of Ureteral Stents Market

Find more research reports on Medical Devices Industry, by Grand View Research:

Gain access to Grand View Compass, our BI enabled intuitive market research database of 10,000+ reports

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: +1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com 
Web: https://www.grandviewresearch.com 
Follow Us: LinkedIn | Twitter

Logo: https://mma.prnewswire.com/media/661327/Grand_View_Research_Logo.jpg

Voltar noticias em Inglês