Global Ureteral Stents Market Research Report: Analysis Outlook And Forecast till 2026

The global ureteral stents market is estimated to grow at a 6.6% CAGR from 2019 to 2026, with a market value of USD 302.5 million in 2018.

A ureteral stent is a thin tube that is put into the ureter to prevent or treat a blockage in the kidney's urine flow. The stents utilised in adult patients range in length from 24 to 30 centimetres.

Factors such as the increased frequency of renal disorders and the rising number of kidney transplants are driving the worldwide ureteral stents market.

Furthermore, the market is expected to rise due to technical developments in ureteral stents and the rising acceptance of minimally invasive surgeries.

According to the Global Observatory on Donation and Transplantation, 89,823 kidney transplants were performed worldwide in 2016. As a result, the market is growing due to the increasing number of kidney transplants.

Furthermore, key market players are pursuing strategic acquisitions, collaborations, mergers, and new product launches in order to maintain their market positions.

Cook Medical, for example, introduced Universa, a soft ureteral stent set, in its streamline percutaneous urinary drainage product line in February 2017. This bolstered the company's ureteral stents product line.

Segmentation

The global ureteral stents market is divided into types, materials, treatments, end users, and regions.

The global market has been divided into two types: double pigtail ureteral stents and others.

Due to the increased usage of double pigtail ureteral stents, which provide a safe and effective technique of guaranteeing urine drainage, this category is likely to hold a considerable proportion of the market.

The global market is divided into metallic stents, polymeric stents, and others based on material. Because of the increased usage of bioabsorbable stents and technological advancements in ureteral stents, the polymeric stents category is likely to hold a significant part of the market.