Market Overview:
The global gallstone removal services market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of gallstones, rising demand for minimally invasive procedures, and technological advancements in gallstone removal services. Based on type, the laparoscopic cholecystectomy segment is expected to account for the largest share of the global gallstone removal services market in 2018. This segment is also projected to grow at a higher CAGR than other segments during the forecast period. This can be attributed to factors such as growing preference for minimally invasive procedures and technological advancements in laparoscopic cholecystectomy surgeries. Based on application, hospitals are expected to account for the largest share of the global gallstone removal services market in 2018.
Product Definition:
Gallstone removal services are medical procedures that are used to remove gallstones from the body. These services can include surgery, lithotripsy, or other methods of removing the stones. Gallstones can cause pain and other problems in the body, so it is important to have them removed if they are present.
Laparoscopic Cholecystectomy,:
Laparoscopic cholecystectomy is a surgical procedure used to remove the gallbladder. It's major uses include diagnosis of chronic abdominal pain, removal of impacted gallstones and acute pancreatitis. This surgery can be performed laparoscopically or robotically depending on patient’s comfort and surgeon’s preference.
Open Cholecystectomy:
Open cholecystectomy is a surgical procedure used to remove gallstones from the bile duct. It is majorly performed in patients who have symptoms of chronic liver disease such as jaundice, abdominal pain, and fever.
Application Insights:
Based on the application, the global gallstone removal services market is segmented into hospitals, ambulatory surgical centers (ASCs), diagnostic centers and others. The hospital segment dominated the overall market in terms of revenue in 2017. This can be attributed to factors such as a high prevalence of chronic diseases that require surgery for treatment along with an increasing number of surgeries being performed at hospitals due to their superior facilities and equipment.
The ASCs are estimated to be fastest growing segment over the forecast period owing to rising awareness about cholecystectomy procedures coupled with technological advancements that have made them less invasive and more effective than ever before. Gallstones are one of the most common reasons why people go see doctors or surgeons for abdominal pain relief; however, many people still have no idea what this condition is or how it affects them until it becomes life-threateningly serious which can lead to cholangitis (bacterial infection) or pancreatitis (inflammation & infection inside pancreas).
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the increasing prevalence of obesity and diabetes, rising adoption of a sedentary lifestyle, and availability of technologically advanced equipment for stone removal procedures. According to statistics published by National Institute for Health & Care Excellence (NICE), over 90% population in U.K., 98% population in Canada, and around 60% population in U.S have access to some form of gallstone treatment through private or public health insurance programs or out-of-pocket payments as well as other resources such as loans/grants from relatives/friends etc.
Asia Pacific is expected to witness lucrative growth during the forecast period owing to improving economic status resulting into increased healthcare expenditure by government agencies along with non-profit organizations that help people suffering from chronic diseases such as stones (collections).
Growth Factors:
- Increasing prevalence of gallstones: The global prevalence of gallstones is increasing at a rapid pace. This is primarily attributed to the changing lifestyle and dietary habits of people across the world.
- Growing awareness about the health risks associated with gallstones: There is growing awareness among people about the health risks associated with untreated or undiagnosed gallstones. This is driving demand for Gallstone Removal Services market globally.
- Technological advancements in surgical procedures for Gallstone Removal Services: There has been significant technological advancement in surgical procedures for Gallstone Removal Services in recent years, which is aiding wider adoption of these services globally.
- Rising number of obese and overweight population: The number of obese and overweight population around the world is rising rapidly, leading to an increase in incidence rates of obesity-related diseases such as gallstones formation .This is fueling demand for Gallstone Removal Services market globally .
Scope Of The Report
Report Attributes
Report Details
Report Title
Gallstone Removal Services Market Research Report
By Type
Laparoscopic Cholecystectomy,, Open Cholecystectomy, Medications, Other, Gallstone Removal Service
By Application
Hospitals, Ambulatory Surgical Center (ASCs), Diagnostic Centers, Other
By Companies
NovaTract Surgical, Sklar Surgical Instruments, Olympus America, Medtronic, Intuitive Surgical, Fortimedix Surgical, Levita Magnetics, Simulab Corporation, Gallstone Removal Service
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Gallstone Removal Services Market Report Segments:
The global Gallstone Removal Services market is segmented on the basis of:
Types
Laparoscopic Cholecystectomy,, Open Cholecystectomy, Medications, Other, Gallstone Removal Service
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Ambulatory Surgical Center (ASCs), Diagnostic Centers, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- NovaTract Surgical
- Sklar Surgical Instruments
- Olympus America
- Medtronic
- Intuitive Surgical
- Fortimedix Surgical
- Levita Magnetics
- Simulab Corporation
- Gallstone Removal Service
Highlights of The Gallstone Removal Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Laparoscopic Cholecystectomy,
- Open Cholecystectomy
- Medications
- Other
- Gallstone Removal Service
- By Application:
- Hospitals
- Ambulatory Surgical Center (ASCs)
- Diagnostic Centers
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Gallstone Removal Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Gallstone removal services are a type of medical procedure that is used to remove gallstones from the body. Gallstones are small, hard objects that can form in the gallbladder or bile ducts. When these stones become large enough, they can cause pain and difficulty when they move through the body. Gallstone removal services may involve using a surgery or medication to remove the stones from your system.
Some of the major players in the gallstone removal services market are NovaTract Surgical, Sklar Surgical Instruments, Olympus America, Medtronic, Intuitive Surgical, Fortimedix Surgical, Levita Magnetics, Simulab Corporation, Gallstone Removal Service.
The gallstone removal services market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Gallstone Removal Services Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Gallstone Removal Services Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Gallstone Removal Services Market - Supply Chain
4.5. Global Gallstone Removal Services Market Forecast
4.5.1. Gallstone Removal Services Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Gallstone Removal Services Market Size (000 Units) and Y-o-Y Growth
4.5.3. Gallstone Removal Services Market Absolute $ Opportunity
5. Global Gallstone Removal Services Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Gallstone Removal Services Market Size and Volume Forecast by Type
5.3.1. Laparoscopic Cholecystectomy,
5.3.2. Open Cholecystectomy
5.3.3. Medications
5.3.4. Other
5.3.5. Gallstone Removal Service
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Gallstone Removal Services Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Gallstone Removal Services Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Ambulatory Surgical Center (ASCs)
6.3.3. Diagnostic Centers
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Gallstone Removal Services Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Gallstone Removal Services Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Gallstone Removal Services Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Gallstone Removal Services Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Gallstone Removal Services Demand Share Forecast, 2019-2026
9. North America Gallstone Removal Services Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Gallstone Removal Services Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Gallstone Removal Services Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Ambulatory Surgical Center (ASCs)
9.4.3. Diagnostic Centers
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Gallstone Removal Services Market Size and Volume Forecast by Type
9.7.1. Laparoscopic Cholecystectomy,
9.7.2. Open Cholecystectomy
9.7.3. Medications
9.7.4. Other
9.7.5. Gallstone Removal Service
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Gallstone Removal Services Demand Share Forecast, 2019-2026
10. Latin America Gallstone Removal Services Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Gallstone Removal Services Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Gallstone Removal Services Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Ambulatory Surgical Center (ASCs)
10.4.3. Diagnostic Centers
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Gallstone Removal Services Market Size and Volume Forecast by Type
10.7.1. Laparoscopic Cholecystectomy,
10.7.2. Open Cholecystectomy
10.7.3. Medications
10.7.4. Other
10.7.5. Gallstone Removal Service
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Gallstone Removal Services Demand Share Forecast, 2019-2026
11. Europe Gallstone Removal Services Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Gallstone Removal Services Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Gallstone Removal Services Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Ambulatory Surgical Center (ASCs)
11.4.3. Diagnostic Centers
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Gallstone Removal Services Market Size and Volume Forecast by Type
11.7.1. Laparoscopic Cholecystectomy,
11.7.2. Open Cholecystectomy
11.7.3. Medicaions
11.7.4. Other
11.7.5. Gallstone Removal Service
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Gallstone Removal Services Demand Share, 2019-2026
12. Asia Pacific Gallstone Removal Services Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Gallstone Removal Services Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Gallstone Removal Services Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Ambulatory Surgical Center (ASCs)
12.4.3. Diagnostic Centers
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Gallstone Removal Services Market Size and Volume Forecast by Type
12.7.1. Laparoscopic Cholecystectomy,
12.7.2. Open Cholecystectomy
12.7.3. Medications
12.7.4. Other
12.7.5. Gallstone Removal Service
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Gallstone Removal Services Demand Share, 2019-2026
13. Middle East & Africa Gallstone Removal Services Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Gallstone Removal Services Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Gallstone Removal Services Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Ambulatory Surgical Center (ASCs)
13.4.3. Diagnostic Centers
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Gallstone Removal Services Market Size and Volume Forecast by Type
13.7.1. Laparoscopic Cholecystectomy,
13.7.2. Open Cholecystectomy
13.7.3. Medications
13.7.4. Other
13.7.5. Gallstone Removal Service
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Gallstone Removal Services Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Gallstone Removal Services Market: Market Share Analysis
14.2. Gallstone Removal Services Distributors and Customers
14.3. Gallstone Removal Services Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. NovaTract Surgical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sklar Surgical Instruments
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Olympus America
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Medtronic
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Intuitive Surgical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Fortimedix Surgical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Levita Magnetics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Simulab Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Gallstone Removal Service
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
