Global urethral stent industry is expected to rise at a higher CAGR in the forecast period. Generally, an uretheral stent is a soft, plastic tube used to inhibit blockage of kidney from kidney stones, cancer, scarring and swelling after surgery. Uretheral stent is also used to confirm upon proper healing after an injury to the urinary tract surgery.
A stent has a number of small holes that help in drain the urine from kidney to bladder in case of any blockage or injury. The surgery is minimally invasive procedure that does not require any incisions. Also, a stent remains temporary and needs a change after a certain period of time.
Urethral stent can be operated for children, teenagers, adults and geriatric population. Children and geriatric population are the extreme cases in which the pain experienced is more and requires minimally invasive surgery in the global urethral stent industry.
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Medically, uretheral stent fulfills multiple purposes such as providing scaffold for healing post endoureterotomy, maintaining urinary flow in cases of chronic obstruction which is beyond control of repair, and it is also a measure to guard against the development of urinal stricture after ureteroscopy, ureteroneocystotomy, ureteroureterotomy, etc.
Technically, a uretheral stent is made from a flexible plastic material. Length of adult stent is normallyfrom 22 to 30 cms long that extends from the kidney to the bladder having a coil on each end to hold the stent firmly. The stent then creates a channel to help urine pass down the ureter. It thus helps in reducing the risk of serious complications such as blockage, stone or a blood clot. It even helps the ureter recover after the surgery thus reducing the risk of complications in future in the urethral stent industry.
In some cases, the doctor places a stent by using an X-ray and also may leave a string tied to the stent in removal of surgery. Commercially, factors such as changing lifestyle and change in eating habits are likely to result in severe kidney stone or chronic ailments relevant to digestion and digestive tract.Hence, children and geriatric population in particular is likely to suffer from such diseases. Therefore, the global uretheral stent industry is likely to grow in the forecast period.
Global urethral stent industry is driven by factors such as growing geriatric population suffering from kidney ailments. Additionally, kidney stone and associated disease are chronic in nature which need to be diagnosed from time to time.
Geographically, the global urethral stent industry spans North America, Latin America, Europe, Asia-Pacific, Middle-East and Africa. APAC regions are anticipated to dominate the global market owing to high number of kidney patients. Also, factors such as favourable economic conditions in India and China are expected to propel the market growth in the forecast period.
North American market is likely to grow at a higher CAGR in the forecast period owing to change in lifestyle and rising concerns towards health. European market is expected to rise at a moderate CAGR owing to less number of kidney patients. Middle-East and African regions are expected to rise at a moderate CAGR in the forecast period owing to low medical infrastructure and less number of skilled personnel.
The key players in the global urethral stent industry include Boston Scientific Corporation, C. R. Bard, Inc., Cook Medical, Inc., and Medline Industries, Inc., Pnn Medical A/S, and Allium Medical Solutions Ltd.
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