Ureteral Stents Market By Product (Open End, Closed End, Double Pigtail, Multiloop), Material (Metallic, Polymer), By Application (Kidney Stones, Kidney Transplantation, Tumors, Urinary Incontinence), By End-User (Hospitals, Clinics, Ambulatory Surgical Centers (ASCs)), & Region For 2024-2031
Report ID: 32523|No. of Pages: 202
Ureteral Stents Market By Product (Open End, Closed End, Double Pigtail, Multiloop), Material (Metallic, Polymer), By Application (Kidney Stones, Kidney Transplantation, Tumors, Urinary Incontinence), By End-User (Hospitals, Clinics, Ambulatory Surgical Centers (ASCs)), & Region For 2024-2031
Ureteral Stents Market Valuation – 2024-2031
The rising frequency of urological disorders, especially kidney stones, and the use of minimally invasive techniques that improve patient recovery and comfort, are driving the Ureteral Stents Market forward. According to the analyst from Verified Market Research, the Ureteral Stents Market is estimated to reach a valuation of USD 843.74 Million over the forecast subjugating around USD 548.54 Million valued in 2023.
Technological improvements in stent materials and designs, particularly flexible and biocompatible choices, are driving up market demand. It enables the market to grow at a CAGR of 6.1% from 2024 to 2031.
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Ureteral Stents Market: Definition/ Overview
A ureteral stent is a thin, flexible tube put into the ureter to aid in the drainage of urine from the kidney to the bladder, especially when normal urine flow is impeded. These stents are widely used to treat kidney stones, ureteral obstructions caused by tumors or strictures, and post-surgical blockages due to swelling or tissue repair. Ureteral stents are an important component in urological therapies because they maintain the ureter open and assist ensure optimal kidney function while also alleviating symptoms associated with urinary obstructions.
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What are the Factors that Surge the Demand for the Ureteral Stents Market?
The increased occurrence of kidney stones is a major driver of the Ureteral Stents Market. The National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK) estimates that kidney stones affect approximately 11% of men and 9% of women in the United States. The NIDDK also notes that the incidence of kidney stones in the United States has risen from 3.8% in the late 1970s to 8.8% in the late 2000s. This increasing prevalence needs more ureteral stent surgeries, which drives market expansion.
The global aging population is driving up demand for ureteral stents, as older persons are more prone to urological problems. The World Health Organization (WHO) predicts that by 2030, one in every six persons will be 60 or older. This number is predicted to rise to one in five by 2050. In statistics, this represents a rise from 1 billion in 2020 to 1.4 billion by 2030 and 2.1 billion by 2050. The elderly population is more vulnerable to disorders that necessitate ureteral stents, fueling market expansion.
Furthermore, continuous advancements in ureteral stent design and materials are broadening their uses while improving patient outcomes. For example, the United States Food and Drug Administration (FDA) has been actively approving novel ureteral stent technology. The Newton-Drainer Ureteral Catheter, which is meant to drain stone fragments from the kidney, was designated a Breakthrough Device by the FDA in 2019. Such improvements are expanding the use of ureteral stents and driving market expansion. According to the FDA’s Center for Devices and Radiological Health (CDRH), the number of innovative device approvals increased by 25% between 2009 and 2019, demonstrating a trend toward innovation in medical devices, particularly ureteral stents.
What Factors Hinder the Growth of the Ureteral Stents Market?
Drug-eluting and biodegradable stents are examples of breakthroughs that hold out the potential for better outcomes, but their high cost puts patients and healthcare professionals out of reach, especially in areas with few resources. This financial burden discourages the adoption of these sophisticated solutions, resulting in a reliance on less expensive alternatives that do not provide the same benefits.
The risk of problems following the placing of a ureteral stent presents another difficulty. Patients develop complications such as stent migration, encrustation, and urinary tract infections, requiring extra medical treatments. These consequences not only have an impact on patient outcomes but also raise healthcare expenditures and resource use, making doctors hesitant to propose stenting as a first-line treatment option.
Category-Wise Acumens
How Does the Increasing Adoption of Double Pigtail Stents Drive the Market Growth?
According to VMR analysis, the double pigtail stent segment is estimated to hold the largest market share during the forecast period due to its high biocompatibility, which reduces the chance of unpleasant reactions and problems like infection or tissue irritation. This characteristic makes double pigtail stents the favored option among healthcare professionals, resulting in improved patient outcomes and higher satisfaction rates. Their design enables excellent drainage while decreasing the possibility of encrustation, which increases their attractiveness in clinical settings.
Double pigtail stents’ flexibility and simplicity of insertion are also significant factors. Their unique form allows for smoother installation using less invasive techniques, making them easier to manage during treatments. This ease of use not only increases procedural efficiency but also reduces patient discomfort, prompting more healthcare practitioners to employ them for a variety of urological procedures.
Furthermore, the increasing prevalence of urological problems, such as kidney stones and urinary tract blockages, is driving demand for double pigtail stents. As these problems become more widespread, particularly in older populations, healthcare providers rely more on these stents to properly address urinary issues. The increasing prevalence of such illnesses confirms the market dominance of double pigtail stents, which are best adapted to resolving these issues.
How Does the High Prevalence of Kidney Stones Propel the Growth of the Ureteral Stents Market?
The kidney stone segment is estimated to dominate the Ureteral Stents Market during the forecast period due to the high occurrence of kidney stones. Kidney stones impact a large proportion of the global population, creating a growing demand for effective treatment alternatives. Ureteral stents are frequently utilized to relieve obstruction produced by these stones, maintaining correct urine flow and minimizing accompanying pain, emphasizing their critical role in addressing this problem.
Technological developments in stent design are also important for segment growth. Drug-eluting and biodegradable stents are examples of innovations that improve kidney stone treatment effectiveness, patient outcomes, and comfort. These developments not only make it easier to pass stones, but they also reduce complications, leading healthcare practitioners to select ureteral stents as the preferred technique for managing kidney stones.
Furthermore, the growing knowledge and accessibility of healthcare services help to drive the growth of the kidney stones segment. As more patients seek medical assistance for urological disorders, understanding of kidney stone management has grown. This trend promotes timely treatments with ureteral stents, consolidating their position as the preferred method for treating kidney stone-related blockages.
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Country/Region-wise Acumens
How Does the High Prevalence of Urological Disorders Influence Growth in North America?
According to VMR analyst, North America is estimated to dominate the Ureteral Stents Market during the forecast period. Urological problems are common in North America, especially in the United States, and are frequently treated using ureteral stents. According to the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), around 11% of men and 6% of women in the United States will have kidney stones at some point in their life. Also, the American Urological Association says that benign prostatic hyperplasia (BPH) affects approximately 50% of men aged 51 to 60 and up to 90% of men over the age of 80, with many requiring ureteral stents as part of their treatment.
Furthermore, the expanding geriatric population in North America is a significant driver of the Ureteral Stents Market, as older persons are more prone to urological problems. According to the United States Census Bureau, by 2030, all baby boomers will be above the age of 65, increasing the number of the elderly population to one in every five individuals. Specifically, the number of Americans aged 65 and over is expected to increase from 52 million in 2018 to 95 million by 2060. This demographic trend is projected to boost demand for urological procedures, such as ureteral stents.
What Factors Contribute to the Potential Opportunities in the Asia Pacific Region?
The Asia Pacific region is estimated to exhibit the highest growth within the Ureteral Stents Market during the forecast period. The Asia Pacific region is experiencing considerable growth in the older population, which is particularly vulnerable to urological illnesses that require ureteral stents. According to the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), the region’s elder population (aged 65 and more) is predicted to more than double from 535 million in 2015 to around 1.3 billion by 2050. In countries such as Japan, the proportion of people aged 65 and more is expected to reach 38% by 2050. This demographic trend is expected to increase demand for ureteral stents and other urological treatments.
Furthermore, the Asia Pacific region is experiencing an increase in urological problems, particularly kidney stones. According to research published in the Asian Journal of Urology, the prevalence of kidney stone illness in China has risen from 4% in the 1980s to 6.4% in the 2000s. According to India’s Department of Health & Family Welfare’s Annual Report 2020-2021, urolithiasis (kidney stones) is growing more common, with a prevalence rate of 12% in the adult population. This increased disease burden is likely to drive up demand for ureteral stents in the region.
Competitive Landscape
The Ureteral Stents Market has a broad set of participants, including both large global organizations and smaller, specialized firms. This fragmentation encourages innovation, as businesses focus more on developing new stent technologies, such as drug-eluting and biodegradable choices, to improve patient outcomes and satisfaction.
Some of the prominent players operating in the Ureteral Stents Market include:
Boston Scientific Corporation, Coloplast Ltd., Allium Medical Solutions Ltd., Becton, Dickinson and Company, Cook Group Incorporated, Braun Melsungen AG, Bard, Teleflex Incorporated, Olympus Corporation, and Biomerics.
Latest Developments
- In May 2022, University Hospitals invented a novel stent developed by Ureteral Stent Co. Lee Ponsky, MD, and obtained FDA Clearance. Ureteral stents facilitate urine flow from the kidney to the bladder, preventing kidney damage caused by kidney stones, strictures, or ureter edema.
- In April 2022, Boston Scientific received a bronze Edison Award in the Science & Medical category for its Tria Ureteral Stent. This stent is the first to use proprietary surface technology to prevent the accumulation of calcium and magnesium salt deposits in urine.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2020-2031 |
| Growth Rate | CAGR of ~6.1% from 2024 to 2031 |
| Base Year for Valuation | 2023 |
| Historical Period | 2020-2022 |
| Forecast Period | 2024-2031 |
| Quantitative Units | Value in USD Billion |
| Report Coverage | Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis |
| Segments Covered |
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| Regions Covered |
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| Key Players | Boston Scientific Corporation, Coloplast Ltd., Allium Medical Solutions Ltd., Becton, Dickinson and Company, Cook Group Incorporated, Braun Melsungen AG, Bard, Teleflex Incorporated, Olympus Corporation, and Biomerics. |
| Customization | Report customization along with purchase available upon request |
Ureteral Stents Market, By Category
Product:
- Open End Stents
- Double J-Stents
- Closed End Stents
- Multiloop Stents
Material:
- Metallic Stents
- Polymer Stents
Application:
- Kidney Stones
- Kidney Transplantation
- Tumors
- Urinary Incontinence
- Others
End-User:
- Hospitals
- Clinics
- Ambulatory Surgical Centers (ASCs)
Region:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Research Methodology of Verified Market Research:
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Reasons to Purchase this Report
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.
- Provision of market value (USD Billion) data for each segment and sub-segment.Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market.
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region.
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players.
- The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions.
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis.
- It provides insight into the market through Value Chain.
- Market dynamics scenario, along with growth opportunities of the market in the years to come.6-month post-sales analyst support.
Customization of the Report
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Frequently Asked Questions
1 INTRODUCTION OF GLOBAL URETERAL STENTS MARKET
1.1 Introduction of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL URETERAL STENTS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL URETERAL STENTS MARKET, BY PRODUCT
5.1 Overview
5.2 Open End Stents
5.3 Double J-Stents
5.4 Closed End Stents
5.5 Multiloop Stents
6 GLOBAL URETERAL STENTS MARKET, BY MATERIAL
6.1 Overview
6.2 Metallic Stents
6.3 Polymer Stents
7 GLOBAL URETERAL STENTS MARKET, BY APPLICATION
7.1 Overview
7.2 Kidney Stones
7.3 Kidney Transplantation
7.4 Tumors
7.5 Urinary Incontinence
7.6 Others
8 GLOBAL URETERAL STENTS MARKET, BY END-USER
8.1 Overview
8.2 Hospitals
8.3 Clinics
8.4 Ambulatory Surgical Centers (ASCs)
9 GLOBAL URETERAL STENTS MARKET, BY GEOGRAPHY
9.1 Overview
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 U.K.
9.3.3 France
9.3.4 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia Pacific
9.5 Rest of the World
9.5.1 Latin America
9.5.2 Middle East and Africa
10 GLOBAL URETERAL STENTS MARKET COMPETITIVE LANDSCAPE
10.1 Overview
10.2 Company Market Ranking
10.3 Key Development Strategies
11 COMPANY PROFILES
11.1 Boston Scientific Corporation
11.1.1 Overview
11.1.2 Financial Performance
11.1.3 Product Outlook
11.1.4 Key Developments
11.2 Coloplast Ltd.
11.2.1 Overview
11.2.2 Financial Performance
11.2.3 Product Outlook
11.2.4 Key Developments
11.3 Allium Medical Solutions Ltd.
11.3.1 Overview
11.3.2 Financial Performance
11.3.3 Product Outlook
11.3.4 Key Developments
11.4 Becton, Dickinson and Company
11.4.1 Overview
11.4.2 Financial Performance
11.4.3 Product Outlook
11.4.4 Key Developments
11.5 Cook Group Incorporated
11.5.1 Overview
11.5.2 Financial Performance
11.5.3 Product Outlook
11.5.4 Key Developments
11.6 Braun Melsungen AG
11.6.1 Overview
11.6.2 Financial Performance
11.6.3 Product Outlook
11.6.4 Key Developments
11.7 R. Bard
11.7.1 Overview
11.7.2 Financial Performance
11.7.3 Product Outlook
11.7.4 Key Developments
11.8 Teleflex Incorporated
11.8.1 Overview
11.8.2 Financial Performance
11.8.3 Product Outlook
11.8.4 Key Developments
11.9 Olympus Corporation
11.9.1 Overview
11.9.2 Financial Performance
11.9.3 Product Outlook
11.9.4 Key Developments
11.10 Biomerics
11.10.1 Overview
11.10.2 Financial Performance
11.10.3 Product Outlook
11.10.4 Key Developments
12 KEY DEVELOPMENTS
12.1 Product Launches/Developments
12.2 Mergers and Acquisitions
12.3 Business Expansions
12.4 Partnerships and Collaborations
13 Appendix
13.1 Related Research
Report Research Methodology
Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.
This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.
We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:
Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
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Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
All the research models are customized to the prerequisites shared by the global clients.
The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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