Global Lithotripsy Devices Market, By Type (Intracorporeal Lithotripsy {Mechanical Lithotripsy, Electrohydraulic Lithotripsy (EHL), Laser Lithotripsy, Ultrasonic Lithotripsy}, Extracorporeal Shock Wave Lithotripsy (ESWL), By Application (Kidney Stone, Ureteral Stones, Pancreatic Stones, Bile Duct Stone), By End User, By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Lithotripsy Devices Market Research Report Will Help To Take Informed Decisions, Understand Opportunities, Plan Effective Business Strategies, Plan New Projects, Analyze Drivers And Restraints And Give Vision On The Forecast. Report Is An Specialist And Broad Research Report On The Major Regional Market Conditions, Concentrating On The United States, China, Europe, Japan, Southeast Asia, And India Regions.
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Global Lithotripsy Devices Market is expected to reach USD 2.12 billion by 2025, from USD 1.41 billion in 2017 growing at a CAGR of 5.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Major Market Drivers and Restraints:
- Increasing incidence of urolithiasis
- Technological advancements
- Unfavorable healthcare reforms in the US
- Adverse effects associated with lithotripsy and the availability of alternative treatments for stone removal
Key Developments in the Market: Global Lithotripsy Devices Market
- In May 2018, Dornier MedTech has launched world’s first smart lithotripter using big data with the device name Dornier Delta III SmartLitho, which will be offering an analytic algorithm to help urologists make treatment decisions. The device is accessible with the powerful imaging for improved stone visualization, maximized energy to treat more stones in more patients and enhanced efficiency for time saving features to serve more patients.
- In May 2015, Olympus that is expert in designing and delivering innovative solutions for medical and surgical procedures has launched new lithotripsy devices, expanding complete portfolio GLIDEWIRE that is a urologic guidewire, ShockPulse- SE that fragments and removes stones even more efficiently.
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Competitive Analysis: Global Lithotripsy Devices Market
The global lithotripsy devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Lithotripsy Devices market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors/Players: Global Lithotripsy Devices Market
- Richard Wolf,
- Direxgroup,
- Medispec LTD ,
- C. R. Bard, Inc.,
- Novamedtek,
- Karl Storz Gmbh,
- LUMENIS.,
- COOK,
- Dornier,
- Medtech,
- Siemens AG,
- Storz Medical AG,
- Direx Group,
- Boston Scientific Corporation,
- Olympus,
- Medispec and Walz Elektronik
- among others.
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Market Segmentation: Global Lithotripsy Devices Market
- The global lithotripsy devices market is segmented based on type, application, distribution channel and geographical segments.
- Based on type, the market is segmented into intracorporeal lithotripsy and extracorporeal shock wave lithotripsy. The intracorporeal lithotripsy segment is further segmented into mechanical lithotripsy, electrohydraulic lithotripsy (EHL), laser lithotripsy and ultrasonic lithotripsy.
- On the basis of application, the market is classified into kidney stone, pancreatic stones, ureteral stones and bile duct stone.
- On the basis of end users, the market is segmented into hospitals, ambulatory surgical centers, and other end users.
- Based on geography the market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Reasons to Purchase this Report
- Current and future of global lithotripsy devices market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
- Regions/countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report
- The report includes the complete segmentation displayed above across all above mentioned countries
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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