Single-use Stone Extraction Baskets Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 2.0 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The Single-use Stone Extraction Baskets Market experienced steady growth between 2018 and 2022, driven by increasing demand for minimally invasive medical procedures. The baskets are primarily used for the retrieval of stones in urological surgeries, making them a crucial part of the healthcare sector. Advancements in medical technology and the growing number of procedures being performed contributed significantly to the market’s expansion during this period. In 2021, for instance, the global market saw a significant rise in the use of these single-use devices due to their cost-effectiveness, hygiene, and reduced risk of infection compared to reusable options.
Looking ahead, from 2023 to 2033, the demand for Single-use Stone Extraction Baskets is expected to rise sharply, largely fueled by an aging population and an increase in healthcare expenditure globally. With a growing number of elderly individuals susceptible to conditions like kidney stones, the market is projected to expand further. Additionally, improvements in the design and functionality of these baskets, such as enhanced durability and ease of use, are anticipated to contribute to a more significant uptake across hospitals and surgical centers worldwide. As surgical teams continue to favor disposable products to reduce contamination risks, the demand for these baskets will continue to increase.
Over the next decade, the market will also be impacted by emerging markets in the Asia-Pacific and Latin America regions, where healthcare infrastructures are rapidly improving, and access to modern medical devices is becoming more widespread. Furthermore, economic factors such as rising disposable incomes and increased insurance coverage are expected to make these devices more accessible to a larger segment of the population. The advent of advanced robotic surgeries and the integration of these baskets into automated systems is another potential driver that will further solidify their role in modern urology.
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Boston Scientific
BD
Cook Medical
Olympus
Coloplast
Medi-Globe
Advance Medi-Surg
Cogentix Medical
Urotech
Advin Urology
Kangjin Medical Instrument
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Single-use Stone Extraction Baskets Market
Hospitals
Ambulatory Surgical Centers
Dialysis Clinics
Based on Types the Market is categorized into Below types that held the largest Single-use Stone Extraction Baskets market share In 2023.
Nitinol Stone Basket
Stainless Steel Stone Basket
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Single-use Stone Extraction Baskets Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Single-use Stone Extraction Baskets Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Single-use Stone Extraction Baskets Market, By Type
6. Global Single-use Stone Extraction Baskets Market, By Application
7. Global Single-use Stone Extraction Baskets Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Single-use Stone Extraction Baskets Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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