The Worldwide Stone Removal Basket Market is Projected to reach USD 715.6 Million by 2029, at a CAGR of 3.2%

Published Date: 26-May-2023

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Stone Removal Basket Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Stone Removal Basket Market size is expected to reach $715.6 Million by 2029, rising at a market growth of 3.2% CAGR during the forecast period.

The Stainless Steel segment is showcasing a CAGR of 3.6% during (2023 - 2029). Renal calculi are removed and trapped via a rigid endoscope with a stainless steel stone retrieval basket. They may also be employed to remove large stones because they are more effective at grabbing objects. As a result of the fact that these baskets are typically more affordable than those made of nitinol, the demand for stainless steel stone retrieval baskets is anticipated to expand significantly in the upcoming years.

The Helical segment is leading the Global Stone Removal Basket Market by Shape in 2022 thereby, achieving a market value of $380.2 million by 2029. The stone retrieval basket's helical form aids in stabilizing the hold of calculi and tiny stone fragments. This particular basket is made to open and maintain its shape inside the ureter. As a result, the surgery will go more smoothly. All of the elements mentioned above encourage the market's demand for stone removal baskets in helical shapes.

The Ambulatory Surgical Centers segment has shown the growth rate of 3.8% during (2023 - 2029). This high percentage can be attributed to the growing use of minimally invasive surgeries in outpatient facilities and favorable reimbursement practices in these facilities. A growing need for convenient and affordable healthcare services has increased the number of these facilities. This category is anticipated to develop quickly throughout the projected period. In addition, many patients find these facilities more cost-effective because they provide medical care that does not necessitate an overnight hospital stay.

The 4 Wire Basket segment is generating highest revenue share in the Global Stone Removal Basket Market by Number of Wires in 2022 thereby, achieving a market value of $315.5 million by 2029. Surgeons frequently employ the 4 wire basket. This sort of basket makes the successful repositioning and capture of kidney stones possible. Additionally, it makes it easier for stones and fragments to be retained during retrieval in the calyx. These elements are encouraging 4-wire stone removal basket demand in the market.

The With Tip segment is poised to grow at a CAGR of 3.9% during (2023 - 2029). During the procedure, the stone can be successfully removed from the ureter because of the radial strength and rigidity of this type of basket. Moreover, compared to a tipless basket, the open tip could facilitate release easier, which is the main factor raising its demand in the market.

The North America market dominated the Global Stone Removal Basket Market by Region in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $251.8 million by 2029. The Europe market is exhibiting a CAGR of 2.6% during (2023 - 2029). Additionally, The Asia Pacific market would showcase a CAGR of 4.1% during (2023 - 2029).

Full Report:

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Boston Scientific Corporation, Advin Health Care, Cliniva Healthcare, Coloplast Group, Becton, Dickinson and Company, Olympus Corporation, Cook Medical, Inc. (Cook Group), Medi-Globe GmbH (Medi-Globe Group), UROMED Kurt Drews KG and MED-Fibers, Inc.

Global Stone Removal Basket Market Segmentation

By Type

  • Nitinol
  • Stainless Steel

By Shape

  • Helical
  • Spherical
  • Paired Wire

By End User

  • Hospitals
  • Specialty Clinics
  • Ambulatory Surgical Centers
  • Others

By Number of Wires

  • 4 Wire Basket
  • 6 Wire Basket
  • 8 Wire Basket

By Tip

  • Tipless
  • With Tip

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • Boston Scientific Corporation
  • Advin Health Care
  • Cliniva Healthcare
  • Coloplast Group
  • Becton, Dickinson and Company
  • Olympus Corporation
  • Cook Medical, Inc. (Cook Group)
  • Medi-Globe GmbH (Medi-Globe Group)
  • UROMED Kurt Drews KG
  • MED-Fibers, Inc.

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Related Reports:

North America Stone Removal Basket Market size & Opportunities 2023-2029

Europe Stone Removal Basket Market & Growth Forecast 2023-2029

Asia Pacific Stone Removal Basket Market Share & Industry Outlook to 2029

LAMEA Stone Removal Basket Market Growth, Trends & Forecasts 2023-2029

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