The North America Stone Removal Basket Market would witness market growth of 2.0% CAGR during the forecast period (2023-2029).
The market is primarily driven by the rising number of renal diseases, increasing the demand for kidney procedures. In addition, the growing number of people using hospitals has broadened the market's potential for growth. The trend of minimally invasive and non-invasive surgery techniques is being adopted by specialists and healthcare facilities more and more. This shift can be attributable to patients' preferences for minimally invasive and non-invasive surgical techniques linked to reduced discomfort and shorter hospital stays.
Diagnostic procedures have been improved due to technological advancements in imaging systems and diagnostic tools, which have helped doctors treat patients as effectively as possible. As a result, the market is anticipated to grow as people choose treatment options more frequently and facility providers implement cutting-edge diagnostic tools.
In the United States, there were 54.1 million people aged 65 and older in 2019 (the most recent year for which data are available). More than one in every seven Americans comprised 16% of the population. Compared to an increase of 3% for the population under 65, the number of older Americans has climbed by 14.4 million (or 36%) since 2009. Census data indicates, nearly one in four Americans will be 65 or older by 2060. The number of people aged 85 and up will triple, and the nation will gain 500,000 centenarians. The country may experience higher healthcare demand due to the rising population of elderly citizens.
The US market dominated the North America Stone Removal Basket Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $181.7 million by 2029. The Canada market is poised to grow at a CAGR of 4.3% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 3.4% 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 U.S., Mexico, Canada, and Rest of North America.
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.
By Type
By Shape
By End User
By Number of Wires
By Tip
By Country
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