LAMEA Stone Removal Basket Market

LAMEA 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 Country and Growth Forecast, 2023 - 2029

Report Id: KBV-15264 Publication Date: April-2023 Number of Pages: 96
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Analysis of Market Size & Trends

The Latin America, Middle East and Africa Stone Removal Basket Market would witness market growth of 8.9% CAGR during the forecast period (2023-2029).

Stone removal baskets are the primary tool to move and remove stones from the ureter or kidney during ureteroscopy. However, diverse endoscopic procedures now produce very different results due to advancements in disposable technologies for managing stones. For this reason, some surgeons use a dusting method during lithotripsy rather than directly removing stone particles, which is still time-consuming and possibly difficult.

Intracorporeal ureteroscopy, commonly known as endoscopic lithotripsy, uses energy to shatter bigger kidney stones into smaller fragments that can either pass through the body or be removed from it through urine. It simultaneously visualizes the urinary tract. With a small incision in the back, percutaneous nephrolithotripsy involves crushing or removing kidney stones through the skin of patients larger than 2 cm. Kidney stones are a common condition that affects many people worldwide and are thought to pose serious health risks. The market for stone removal baskets is expanding due to the rising prevalence of nephrolithiasis.

The UAE government has made building a top-notch healthcare infrastructure a primary priority, which has led to the sector's rapid development and expansion in recent years. People supported by relatively high-income levels will demand higher quality healthcare as the prevalence of lifestyle diseases rises. The government's attention is being directed toward building a healthcare infrastructure to meet this need. Dubai should become a regional hub for top-notch healthcare, so the UAE government is working to increase the number of medical tourists visiting the country. Additionally, this presents investment opportunities to LAMEA region vendors of stone removal baskets.

The Brazil market dominated the LAMEA Stone Removal Basket Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $16.2 million by 2029. The Argentina market is experiencing a CAGR of 9.5% during (2023 - 2029). Additionally, The UAE market would display a CAGR of 8.6% during (2023 - 2029).

Based on Type, the market is segmented into Nitinol and Stainless Steel. Based on Shape, the market is segmented into Helical, Spherical and Paired Wire. Based on End User, the market is segmented into Hospitals, Specialty Clinics, Ambulatory Surgical Centers and Others. Based on Number of Wires, the market is segmented into 4 Wire Basket, 6 Wire Basket and 8 Wire Basket. Based on Tip, the market is segmented into Tipless and With Tip. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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

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 Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • 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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