According to a recently published report by Research Nester on “Global Nephroureteral Stent Market Outlook: Industry Insights & Opportunity Assessment 2019–2027” delivers detailed overview of the global nephroureteral stent market in terms of market segmentation by type, by composition material, by application, by end user and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
Metabolic syndrome is a cluster of medical conditions that occur together increasing the risk of heart disease, stroke and type 2 diabetes. These conditions include increased blood pressure, high blood sugar, excess body fat around the waist and abnormal cholesterol or triglyceride levels. A person who is living a sedentary lifestyle is often sitting or lying down while engaged in an activity such as reading, socializing, watching television, playing video games or using a mobile phone or computer for much of the day. Such kind of lifestyle increases the risk of various diseases such as heart disease, diabetes, kidney stone etc. Increase in adoption of sedentary lifestyle is estimated to boost the growth of the global nephroureteral stent market with a CAGR of 7% over the period 2017-2027.
The global nephroureteral stent market is segmented by end user, out of which, the hospitals segment is anticipated to have significant growth owing to sedentary lifestyle and increasing geriatric population. The type segment is divided into open end stents, closed end stents, double pigtail stents and multi-loop stents. The composition material segment is divided into Polyurethane Stents, Silicone Stents, Hydrogel Stents, Plastic Stents, Metal Stents and Coated Stents. The application segment is divided into Lithotripsy, Ureterorenoscopy and Schistosomiasis. Further, the end user segment is divided into hospitals and gastrointestinal surgery clinics and others.
Increasing Geriatric Population to Boost the Demand for Nephroureteral Stent in the Future
The global nephroureteral stent market is thriving on the back of increasing geriatric population. Amongst the geriatric population, there are increased chances of diseases such as heart diseases, diabetes, kidney stone, urinal problems etc. which will increase the demand for nephroureteral stents.
Lack of Exercise and Poor Dietary Habits- Due to lack of exercise and poor dietary habits, people tend to become obese and prone to various diseases such as kidney stone, urinal problems, diabetes etc. which is expanding the demand for ureteric stents.
North America and Europe are expected to witness high growth on the back of increased number of urological surgeries, presence of key global players in the region and continuous research and development projects. Asia Pacific is expected to showcase positive growth on the back of favorable patient demographics and developing healthcare infrastructure. Middle East and Africa region is expected to grow significantly on the back of better urology services.
This report also provides the existing competitive scenario of some of the key players of the global nephroureteral stent market which includes company profiling of Boston Scientific Corporation, C.R. BardCook Medical, Medline Industries, Allium Medical Solutions Ltd., B. Braun, Dextronix, PNN Medical A/S, Teleflex Incorporated and Olympus Corporation.
The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global nephroureteral stent market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.