Global Stone Removal Basket Market Size, Share & Industry Trends Analysis Report By Type, By Shape (Helical, Spherical and Paired Wire), By End User, By Number of Wires, By Tip, By Regional Outlook and Forecast, 2023 - 2029

Global Stone Removal Basket Market Size, Share & Industry Trends Analysis Report By Type, By Shape (Helical, Spherical and Paired Wire), By End User, By Number of Wires, By Tip, By Regional Outlook and Forecast, 2023 - 2029

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.

Stone removal baskets are medical gear used during urological treatments to remove stones. They are used to clear the kidney and ureter of stones and other foreign objects. After determining the exact placement of the stone, the stone removal operation is carried out. The stone can be taken out with a basket when it is discovered. A seamless capture and release of the stone(s) are ensured by newly developed siliconized basket wires, which may open and close the basket.

Nephrolithiasis is quite common, the demand for minimally invasive therapies is rising, and technological improvements contribute to this growth. Nephrolithiasis affects elderly people more often than younger people. Globally, the geriatric population is increasing, which opens up new business potential. Nephrolithiasis affects a sizable portion of the world's population.

The burden of nephrolithiasis disease is largely influenced by the rise in obesity rates, unhealthful eating patterns, and a lack of exercise. Therefore, the burden of nephrolithiasis is anticipated to rise due to the considerable population of people living unhealthy lifestyles, which would also help the market for stone removal baskets develop.

In addition, patients frequently choose minimally invasive procedures because they promote quicker wound healing. Minimally invasive procedures are widely used in hospitals. A minimally invasive procedure is the removal of kidney stones. Furthermore, many health insurance plans also cover surgery to remove kidney stones. It is anticipated that the market for stone removal baskets will be boosted by the growing demand for minimally invasive techniques and reimbursement for this kind of surgery.

COVID-19 Impact Analysis

Urologists working in nations severely impacted by the initial phase of the pandemic grappled with the urgent need to reclassify the urgency of all important diagnoses and treatments. They created modified suggestions and guidelines to address the particular difficulties brought on by the pandemic's consequences and to guarantee efficient and prompt urologic therapy. Since most elective surgeries were postponed during the COVID-19 pandemic as doctors prioritized COVID-19-infected patients, the stone removal basket has witnessed a negative impact of the pandemic outspread. However, this situation has shifted during the post-pandemic era since numerous elective surgeries have started again.

Market Growth Factors

Technical advancements in ureteroscopy technique

The procedure of ureteroscopy has undergone significant technological advancements in recent years. One of the most significant advancements that have transformed the treatment of intrarenal & proximal kidney stones is the development of flexible ureteroscopes. These scopes allow doctors to examine the urinary tract in more detail. When compared to their rigid counterparts, flexible scopes have a more manageable size and offer greater deflection capabilities. This is accompanied by improved instrumentation, including working channels, active & secondary deflection, a bigger distal tip, and narrower shaft diameters.

Rising geriatric population

Numerous health concerns that the aging population faces will affect healthcare spending trends in both developed & developing nations. To ensure that their social and health systems are prepared to capitalize on this demographic transformation, all nations face significant hurdles. 80% of the world's elderly population will reside in low- and middle-income nations by 2050. More quickly than in the past, the population is aging. People 60 years of age and older will outnumber children under five in 2020. During the forecast period, these factors are anticipated to fuel the growth of the stone removal basket market.

Market Restraining Factors

Long term side effects of lithotripsy

Shock waves are used in the procedure known as lithotripsy, which breaks up kidney stones into pieces that are small enough to pass through the urinary tract unimpeded and are expelled from the body. This is one of the most successful treatments for kidney stones and one of the most widely utilized treatments. Infections, bleeding surrounding the kidneys, stone recurrence, an increase in arterial blood pressure, and obstruction of the urinary canal due to fractured stones are some potential adverse effects of shock wave lithotripsy (SWL). The stone removal basket market is anticipated to witness slow growth due to these adverse impacts associated with lithotripsy.

Type Outlook

Based on type, the stone removal basket market is segmented into nitinol stone retrieval basket, and stainless-steel stone retrieval basket. In 2022, the nitinol segment held the highest revenue share in the stone removal basket. In procedures to remove stones, it's crucial to move around certain locations without inflicting pain on the patient. Nitinol stone retrieval baskets can withstand a lot of pressure while being flexible. Compared to other baskets, these baskets are significantly safer and less harmful. In addition, the stone is properly broken up and extracted due to these baskets. These elements support the market's need for nitinol stone retrieval baskets.

Shape Outlook

By shape, the stone removal basket market is fragmented into spherical, paired wire, and helical. The spherical segment acquired a substantial revenue share in the stone removal market in 2022. This basket style is typically utilized during lithotripsy when the stone's size prevents it from passing through the ureter. In addition to grabbing and collecting stone fragments during lithotripsy, a spherically formed basket avoids stone migration and retropulsion. The increased number of individuals with huge stones is anticipated to increase demand for spherical-shaped stone removal baskets, supporting the segment market's expansion.

Number of Wires Outlook

On the basis of number of wires, the stone removal basket market is bifurcated into 4 wire basket, 6 wire basket, and 8 wire basket. The 6 wire basket segment garnered a significant revenue share in the stone removal basket market in 2022. This basket is employed to remove numerous tiny stone fragments in a single pass and stop the unintentional stone escape. This basket reduces waiting time when a patient has several tiny kidney stones. Additionally, the radial dilation force of this kind of wire is high. All the elements mentioned above encourage the demand for 6-wire baskets, which helps the market’s expansion.

Tip Outlook

Based on tip, the stone removal basket market is classified into tipples, and with tip. In 2022, the tipless segment registered the maximum revenue share in the stone removal basket market. The tipless stone retrieval basket aids in the painless removal of ureteral and calcium stone obstructions. With good safety and efficacy, this kind of basket removes stones during surgery while facilitating the removal of caliceal calculi during ureteroscopy. The market demand for tipless stone retrieval baskets is being boosted by these considerations.

End User Outlook

By end user, the stone removal basket market is categorized into hospitals, specialty clinics, ambulatory surgical centers and others. In 2022, the hospitals segment accounted for the largest revenue share in the stone removal basket market. The rise in patients with various urological disorders, which has led to an increase in surgical procedures, is mostly to blame for this segment's growth. In addition, due to the ease of handling any crises that may arise during surgical operations and the availability of a broad spectrum of treatment options, hospitals have a significantly greater patient inflow than other healthcare settings for urological procedures or other treatments.

Regional Outlook

Region wise, the stone removal basket market is analyzed across North America, Europe, Asia Pacific and LAMEA. In 2022, the North America region led the stone removal basket market by generating the highest revenue share. Technological developments and the increased demand for less invasive procedures are responsible for this region's expansion. The primary drivers promoting the regional market expansion are North America's sophisticated healthcare infrastructure, the rising prevalence of chronic kidney disease (CKD), and the region's aging population.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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.

Scope of the Study

Market Segments covered in the Report:

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
LAMEA
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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