Market Overview:
The global nitinol tipless stone basket market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries and rising prevalence of kidney stones. By type, the 3-wire segment is expected to account for the majority of the market share during the forecast period, owing to its low cost and easy availability. By application, hospitals are expected to account for a larger share of the market than clinics during the forecast period. North America is estimated to dominate this market in 2018, followed by Europe and Asia Pacific.
Product Definition:
Nitinol Tipless Stone Basket is a device used to remove kidney stones. It is made of Nitinol, a nickel-titanium alloy that can be bent and shaped into a basketlike form. The Nitinol Tipless Stone Basket is inserted through the urethra and into the bladder. The stones are then captured in the basket and removed from the body.
3-Wire:
3-Wire is a term used for the cable made up of three insulated wires, usually copper. It is widely used in electrical and electronic applications such as distribution boards, data communication networks, telecommunication lines and others. 3-Wire has significant usage in electrical & electronics industry owing to its properties such as flexibility at low voltage (up to 1000V), high insulation resistance and good conductivity among others.
4-Wire:
4-Wire is a term used to define four wires in the shape of a cross which are used for manufacturing nitinol. The four wires form two pairs, one pair for hot and the other pair for cold side of the nitinol. 4-Wire is usually made up of copper & nickel alloy or pure Nickel & copper.
Application Insights:
The market is segmented by application into hospitals, clinics and others. The hospitals segment dominated the global nitinol tipless stone basket market in 2017 owing to increasing demand for minimally invasive surgeries coupled with rising investments by governments in the healthcare sector. This application segment is projected to witness a CAGR of XX% from 2018 to 2030.
The clinics segment is expected to grow at a rapid pace over the forecast period due largely on-going R&D initiatives for developing new products that are more effective than conventional methods of treatment while reducing overall costs associated with medical procedures and treatments. These baskets aid in lessening postoperative pain as well as facilitate faster healing process after surgery thus resulting in shorter hospital stays which further boosts product demand globally.
Regional Analysis:
North America dominated the global nitinol tipless stone basket market in 2017. The rising number of trauma & burn units and increasing demand for orthopedic implants are some of the major factors responsible for this growth. In addition, favorable reimbursement policies and high healthcare expenditure are also expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to an increase in government initiatives pertaining to improving healthcare facilities, especially in rural areas. Moreover, a rise in population with respect to aging demographics will further boost demand for bone grafts and other similar products aiding regional market growth.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily due to the advantages offered by these surgeries over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Nitinol Tipless Stone Basket offers several benefits over traditional stone baskets such as smaller size, lower profile, and less traumatic insertion into the urinary tract. These features are making it increasingly popular among surgeons for use in minimally invasive procedures.
- Growing prevalence of urolithiasis: Urolithiasis is a condition characterized by the formation of stones (calculi) in the urinary tract. It is a common problem that affects both men and women across all age groups. The prevalence of urolithiasis is increasing due to various factors such as changing lifestyles (sedentary lifestyle, unhealthy diet), rising obesity rates, etc.). This is leading to an increase in demand for treatments such as lithotripsy (which uses shock waves to break up stones). Nitinol Tipless Stone Basket offers an effective alternative to traditional stone baskets and its growing popularity will contribute significantlyto the growth of this market during the forecast period."
- "Technological advancements: Key players in this market are investing heavily in R&D activities with a viewto developing innovative products that can offer better performanceand safety profiles than
Scope Of The Report
Report Attributes
Report Details
Report Title
Nitinol Tipless Stone Basket Market Research Report
By Type
3-Wire, 4-Wire, 6-Wire
By Application
Hospitals, Clinics
By Companies
Boston Scientific, Cook Medical, Olympus, Coloplast Corp, BARD, Medi-Globe Technologies, Stryker, Cogentix Medical, UROMED
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Nitinol Tipless Stone Basket Market Report Segments:
The global Nitinol Tipless Stone Basket market is segmented on the basis of:
Types
3-Wire, 4-Wire, 6-Wire
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, Clinics
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:
- Boston Scientific
- Cook Medical
- Olympus
- Coloplast Corp
- BARD
- Medi-Globe Technologies
- Stryker
- Cogentix Medical
- UROMED
Highlights of The Nitinol Tipless Stone Basket 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:
- 3-Wire
- 4-Wire
- 6-Wire
- By Application:
- Hospitals
- Clinics
- 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 Nitinol Tipless Stone Basket 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?
Nitinol Tipless Stone Basket is a new type of titanium alloy wire basket that has no metal-to-metal contact. This eliminates the possibility of corrosion and makes it ideal for high-temperature applications.
Some of the major companies in the nitinol tipless stone basket market are Boston Scientific, Cook Medical, Olympus, Coloplast Corp, BARD, Medi-Globe Technologies, Stryker, Cogentix Medical, UROMED.
The nitinol tipless stone basket market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Nitinol Tipless Stone Basket 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. Nitinol Tipless Stone Basket Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Nitinol Tipless Stone Basket Market - Supply Chain
4.5. Global Nitinol Tipless Stone Basket Market Forecast
4.5.1. Nitinol Tipless Stone Basket Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Nitinol Tipless Stone Basket Market Size (000 Units) and Y-o-Y Growth
4.5.3. Nitinol Tipless Stone Basket Market Absolute $ Opportunity
5. Global Nitinol Tipless Stone Basket 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. Nitinol Tipless Stone Basket Market Size and Volume Forecast by Type
5.3.1. 3-Wire
5.3.2. 4-Wire
5.3.3. 6-Wire
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Nitinol Tipless Stone Basket 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. Nitinol Tipless Stone Basket Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Clinics
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Nitinol Tipless Stone Basket 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. Nitinol Tipless Stone Basket 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 Nitinol Tipless Stone Basket 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. Nitinol Tipless Stone Basket 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 Nitinol Tipless Stone Basket Demand Share Forecast, 2019-2026
9. North America Nitinol Tipless Stone Basket 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 Nitinol Tipless Stone Basket 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 Nitinol Tipless Stone Basket Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Clinics
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Nitinol Tipless Stone Basket Market Size and Volume Forecast by Type
9.7.1. 3-Wire
9.7.2. 4-Wire
9.7.3. 6-Wire
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 Nitinol Tipless Stone Basket Demand Share Forecast, 2019-2026
10. Latin America Nitinol Tipless Stone Basket 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 Nitinol Tipless Stone Basket 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 Nitinol Tipless Stone Basket Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Clinics
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Nitinol Tipless Stone Basket Market Size and Volume Forecast by Type
10.7.1. 3-Wire
10.7.2. 4-Wire
10.7.3. 6-Wire
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 Nitinol Tipless Stone Basket Demand Share Forecast, 2019-2026
11. Europe Nitinol Tipless Stone Basket 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 Nitinol Tipless Stone Basket 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 Nitinol Tipless Stone Basket Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Clinics
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Nitinol Tipless Stone Basket Market Size and Volume Forecast by Type
11.7.1. 3-Wire
11.7.2. 4-Wire
11.7.3. 6-Wire
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 Nitinol Tipless Stone Basket Demand Share, 2019-2026
12. Asia Pacific Nitinol Tipless Stone Basket 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 Nitinol Tipless Stone Basket 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 Nitinol Tipless Stone Basket Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Clinics
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Nitinol Tipless Stone Basket Market Size and Volume Forecast by Type
12.7.1. 3-Wire
12.7.2. 4-Wire
12.7.3. 6-Wire
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 Nitinol Tipless Stone Basket Demand Share, 2019-2026
13. Middle East & Africa Nitinol Tipless Stone Basket 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 Nitinol Tipless Stone Basket 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 Nitinol Tipless Stone Basket Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Clinics
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Nitinol Tipless Stone Basket Market Size and Volume Forecast by Type
13.7.1. 3-Wire
13.7.2. 4-Wire
13.7.3. 6-Wire
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 Nitinol Tipless Stone Basket Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Nitinol Tipless Stone Basket Market: Market Share Analysis
14.2. Nitinol Tipless Stone Basket Distributors and Customers
14.3. Nitinol Tipless Stone Basket Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Boston Scientific
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cook Medical
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
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Coloplast Corp
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BARD
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Medi-Globe Technologies
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Stryker
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cogentix Medical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. UROMED
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
