Global Ureteral Dilators Market 2019-2023 | Increasing Prevalence of Ureteral Disorders Impacting Market Growth | Technavio
LONDON--(BUSINESS WIRE)--Jan 4, 2019--The global ureteral dilators market 2019-2023 is expected to post a CAGR of close to 6% during the forecast period, according to the latest market research report by .
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Technavio predicts the global ureteral dilators market to post a CAGR of close to 6% by 2023. (Graphic: Business Wire)
A key factor driving the growth of the market is increasing prevalence of ureteral dilators. The rising prevalence of kidney disease that requires ureteroscopy is expected to contribute to the growth of the global ureteral dilators market. The incidence of renal and ureteric calculi is rising requiring ureteroscopy due to various factors, including the increasing geriatric population, obesity, poor dietary habits and lack of enough fluid intake. These factors are responsible for patient morbidity and are expected to increase the prevalence of diseases that require ureteroscopy procedures, which in turn, will drive the market.
This market research report on the also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
In this report, Technavio highlights the technology advancement in optical imaging as one of the key emerging trends in the global ureteral dilators market:
Global ureteral dilators market: Technology advancement in optical imaging
The growing focus on technology advancement is positively influencing the market growth of ureteral dilators. This is mainly to develop treatments for various urological conditions, including kidney stones, urolithiasis, and urinary strictures and to achieve improved and better patient outcomes. Optical imaging is a non-invasive method conducted to obtain high-quality images of tissue in real time for the detection of various urological conditions. Thus, the increasing technological advancement in optical imaging is expected to drive the market during the forecast period.
“Optical imaging methods, such as confocal laser endomicroscopy, are used for the detection of bladder cancer. The procedure is conducted to obtain detailed images of the tissue structure to differentiate between benign and malignant tissue. Also, confocal laser endomicroscopy technology and optical coherence tomography offer real-time, high resolution and subsurface tissue characterization,” says a senior analyst at Technavio.
Global ureteral dilators market: Segmentation analysis
This market research report segments the global ureteral dilators market by end-user (hospitals, ASCs, and others) and geographical regions (APAC, EMEA, and the Americas).
The Americas led the market in 2018 with a market share of more than 48%, followed by EMEA and APAC respectively. The dominance of the Americas can be attributed to the increasing prevalence of ureteral disorders and growing hospital investments in endoscopy instruments.
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Some of the key topics covered in the report include:
Market LandscapeMarket ecosystem Market characteristics Market segmentation analysis
Market SizingMarket definition Market size and forecast
Five Forces Analysis
Geographical SegmentationRegional comparison Key leading countries
Vendor LandscapeVendors covered Vendor classification Market positioning of vendors Competitive scenario
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SOURCE: Technavio Research
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PUB: 01/04/2019 08:02 AM/DISC: 01/04/2019 08:02 AM