Increasing prevalence of urological and kidney related disorders is expected to result in a high demand for ureteral stents over the forecast period. For instance, according to the study published by the National Center for Biotechnology Information (NCBI), in October 2018, an estimated 1 to 19% of the population in India is suffering from urolithiasis.
Furthermore, increasing demand for kidney transplant procedures is expected to be another factor contributing to the market growth. For instance, according to the Global Observatory on Donation and Transplantation, 2016, around 89,823 kidney transplant surgeries were performed worldwide in 2016, which was an increase by 6.5% from 2015.