The Ureteral Stents Market Set to Surge, Reaching USD 823.7 Million by 2031 Amid Increasing Urinary Tract Disorders
The global ureteral stents market is poised for significant growth in the forthcoming years, with an increase in urinary tract disorders fueling the demand for ureteral stenting procedures. The market, which stood at USD 488.2 million in 2022, is anticipated to achieve a robust valuation of USD 823.7 million by 2031, according to a comprehensive market analysis report by Transparency Market Research Inc.
Market Drivers and Trends
The growing prevalence of kidney stones, tumors, and other urinary tract complications has escalated the reliance on ureteral stents, devices designed to ensure the patency of the ureter. Advancements in the materials used for stents, coupled with innovations in stent design, are key factors contributing to the market expansion. An aging population and improving healthcare infrastructure in emerging economies provide additional momentum to market growth.
Regional Market Insights
Geographically, North America has emerged as a leading market for ureteral stents, attributed to advanced healthcare facilities and heightened awareness about urological health. However, Asia Pacific regions are also experiencing significant growth due to increasing investment in healthcare infrastructure and a rising middle-class population demanding better medical services.
urology, medicaldevices, healthcare