Market Overview:
The Global Stone Extraction Systems Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing prevalence of kidney stones, technological advancements in stone extraction systems, and rising demand for minimally invasive surgeries. Based on type, the market is segmented into nitinol stone extraction system and stainless steel stone extraction system. Nitinol stone extraction systems are expected to witness higher growth rates during the forecast period as they offer several benefits such as low profile design, reduced trauma and faster healing times when compared with traditional methods. Based on application, hospitals accounted for the majority share of the global market in 2017 owing to rising incidence of kidney stones and growing demand for minimally invasive surgeries. However, clinics are projected to witness highest growth rates during the forecast period due to increasing preference for outpatient procedures over hospital-based procedures. Geographically, North America held a dominant position in 2017 followed by Europe.
Product Definition:
Stone extraction systems are used in the mining and quarrying industries to remove stone from the earth. There are a variety of different types of stone extraction systems, including crushing machines, grinding mills, and excavation equipment. The importance of stone extraction systems is that they allow companies to extract valuable resources from the earth efficiently and cost-effectively.
Nitinol Stone Extraction System:
Nitinol STONE EXTRACTION is a new technology that has been developed to improve the efficiency of conventional systems. The nitinol technique offers several advantages over other techniques, such as saving time and cost, increasing productivity by reducing the cycle time and improving quality control. Nitinol STONE EXTRACTION system consists of four major components including extractor, wash station, recovery unit & storage tank.
Stainless Steel Stone Extraction System:
The stainless steel stone extraction system is used in the market for stone extraction. It includes components such as bowls, screens, frame, and hoses. The bowl collects stones while the screen separates debris from stones. The hose helps to drain water from collected stones and other debris out of the system.
Stainless steel stone extraction systems are widely used by quarry owners.
Application Insights:
The market is segmented into hospitals, clinics and other medical facilities, industrial facilities, and others. The hospitals segment dominated the application category in 2017 owing to increasing demand for minimally invasive surgeries coupled with rising awareness about the benefits of natural stone surfaces. Increasing investments by governments to develop healthcare infrastructure are expected to further drive the growth of this application segment over the forecast period.
The clinics & medical facilities segment is anticipated to witness significant growth over the forecast period owing to an increase in patient visits due largely in part due increased availability of advanced healthcare services at low costs which has led people opt for these services thereby driving stone extraction systems demand at clinics & medical facilities worldwide.
Regional Analysis:
North America dominated the global stone extraction systems market in 2017. This is due to the presence of a large number of orthopedic and dental clinics, which use these systems for removal of stones from kidney, bladder, and other internal organs. The region will retain its dominant position throughout the forecast period owing to increasing geriatric population prone to bone degeneration leading to higher incidence of urinary tract infections (UTIs). UTIs are one of the most common infectious diseases in women and account for approximately 25% - 50% annual visits to physicians' offices.
Growth Factors:
- Increasing demand for stone from construction and infrastructure industries
- Rapid urbanization and industrialization in developing countries
- Rising awareness about the benefits of using stone extraction systems
- Technological advancements in stone extraction systems
- Growing demand for customized stone extraction systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Stone Extraction Systems Market Research Report
By Type
Nitinol Stone Extraction System, Stainless Steel Stone Extraction System
By Application
Hospitals, Clinics
By Companies
BARD, Cook Medical, Olympus, Coloplast Corp, Cogentix Medical, Medi-Globe Technologies, Stryker
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 Stone Extraction Systems Market Report Segments:
The global Stone Extraction Systems market is segmented on the basis of:
Types
Nitinol Stone Extraction System, Stainless Steel Stone Extraction System
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:
- BARD
- Cook Medical
- Olympus
- Coloplast Corp
- Cogentix Medical
- Medi-Globe Technologies
- Stryker
Highlights of The Stone Extraction Systems 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:
- Nitinol Stone Extraction System
- Stainless Steel Stone Extraction System
- 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 Stone Extraction Systems 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Stone extraction systems are machines that use hydraulic pressure and a rotating drum to remove stones from a quarry.
Some of the major players in the stone extraction systems market are BARD, Cook Medical, Olympus, Coloplast Corp, Cogentix Medical, Medi-Globe Technologies, Stryker.
The stone extraction systems 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. Stone Extraction Systems 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. Stone Extraction Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Stone Extraction Systems Market - Supply Chain
4.5. Global Stone Extraction Systems Market Forecast
4.5.1. Stone Extraction Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Stone Extraction Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Stone Extraction Systems Market Absolute $ Opportunity
5. Global Stone Extraction Systems 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. Stone Extraction Systems Market Size and Volume Forecast by Type
5.3.1. Nitinol Stone Extraction System
5.3.2. Stainless Steel Stone Extraction System
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Stone Extraction Systems 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. Stone Extraction Systems 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 Stone Extraction Systems 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. Stone Extraction Systems 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 Stone Extraction Systems 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. Stone Extraction Systems 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 Stone Extraction Systems Demand Share Forecast, 2019-2026
9. North America Stone Extraction Systems 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 Stone Extraction Systems 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 Stone Extraction Systems 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 Stone Extraction Systems Market Size and Volume Forecast by Type
9.7.1. Nitinol Stone Extraction System
9.7.2. Stainless Steel Stone Extraction System
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 Stone Extraction Systems Demand Share Forecast, 2019-2026
10. Latin America Stone Extraction Systems 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 Stone Extraction Systems 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 Stone Extraction Systems 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 Stone Extraction Systems Market Size and Volume Forecast by Type
10.7.1. Nitinol Stone Extraction System
10.7.2. Stainless Steel Stone Extraction System
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 Stone Extraction Systems Demand Share Forecast, 2019-2026
11. Europe Stone Extraction Systems 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 Stone Extraction Systems 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 Stone Extraction Systems 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 Stone Extraction Systems Market Size and Volume Forecast by Type
11.7.1. Nitinol Stone Extraction System
11.7.2. Stainless Steel Stone Extraction System
11.8. Basis Point Share (BPS) Analysis by Type
11.. 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 Stone Extraction Systems Demand Share, 2019-2026
12. Asia Pacific Stone Extraction Systems 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 Stone Extraction Systems 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 Stone Extraction Systems 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 Stone Extraction Systems Market Size and Volume Forecast by Type
12.7.1. Nitinol Stone Extraction System
12.7.2. Stainless Steel Stone Extraction System
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 Stone Extraction Systems Demand Share, 2019-2026
13. Middle East & Africa Stone Extraction Systems 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 Stone Extraction Systems 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 Stone Extraction Systems 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 Stone Extraction Systems Market Size and Volume Forecast by Type
13.7.1. Nitinol Stone Extraction System
13.7.2. Stainless Steel Stone Extraction System
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 Stone Extraction Systems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Stone Extraction Systems Market: Market Share Analysis
14.2. Stone Extraction Systems Distributors and Customers
14.3. Stone Extraction Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BARD
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. Cogentix Medical
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. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
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
