Shock Wave Therapy Device Market By Regional Analysis, Key Players and Forecast 2014

Shock wave therapy devices are the new non-invasive treatment for musculoskeletal pain and is frequently used in physiotherapy, orthopedics, urology, sports medicine and veterinary medicine. It is commonly known as extracorporeal shock wave therapy (ESWT). The term extra-corporeal stands for outside the body as the shockwaves are generated outside the body. Shockwave therapy is an alternative for surgery to those who are suffering from various joint and tendon disorders. These devices are efficient in rapid pain management and mobility restoration. They are used ideally to speed up the recovery process and to cure various indications which leads to acute or chronic pain.
Shockwave therapy devices use acoustic waves with high energy peak. These acoustic waves carries high energy resulting in analgesic effect and can be used to treat wide variety of painful spots, bone, soft tissue, myoskeletal tissues with subchronic, subacute and chronic conditions. This results into faster healing, regeneration, revascularization and reparative processes of the bone cells, tendons, ligaments or any other soft tissues which often leads return to pre-injury activity levels.

Browse Global Strategic Business Report:

http://www.transparencymarketresearch.com/shock-wave-therapy-device-market.html

The shockwaves are effective in mechanical stimulation, increase cellular activity of body, break down calcific deposits primarily (not exclusively in tendon) by generating cavitation bubbles, and stimulates a metabolic reaction in the affected tissue. The developing infrastructure of healthcare and increasing use of technologically advanced equipment to carry out various therapies are few of the major drivers for the growth of shockwave therapy device market. In addition to it, increasing prevalence and incidence of bone injuries, musculoskeletal pain, epicondylitis, plantar fasciitis and patellar and achilles tendinopathies, etc. are expected to enhance the shockwave therapy device market.

The shockwave therapy device market has been segmented by product type, technology, end-user and geography. By product type, the market can be segmented as mobile shockwave therapy devices and fixed shockwave therapy devices. Based on technology the market has been segmented into four types, namely, electromagnetic technique, electrohydraulic technique, piezoelectric technique, and radial technique. Out of the four techniques, electrohydraulic shockwaves are high-energy acoustic waves generating with high voltage electrode under water explosion. In lithotripsy (urology), shockwaves are primarily used to disintegrate urolithiasis, where as in orthopedics, it is used to induce the regeneration and tissue repair. The electromagnetic shockwave technique produces a strong magnetic field by electric current passing through the coil, and the subsequent compression of fluid generates the shockwave. In the piezoelectric technique, the high voltage current is applied to the sphere consisting piezo crystals inside it, which creates the piezoelectric effect and induces shockwave by deforming the crystals. The radial technique principle employs a focal point which is different from the other three techniques. The focal point has direct device-skin interface and is spread from the top of the radial device in megaphone fashion. Based on end-user, the shock wave therapy devices are segmented into hospitals, physiotherapy clinics, ambulatory care, radiology labs and others.

Geographically, North America was observed to be the largest shock wave therapy device market due to technological advancement in the region. The significant Investment in medical device technology research and development have resulted to recent advances in the technique. Due to increased government investment, Europe is the second largest shock wave therapy device market contributing to the market growth. However, Asia Pacific region is expected to be the fastest growing due to new development of novel technological facilities, increasing population, emerging health care infrastructures, and changing lifestyle. . Asia Pacific has some of the fastest growing economies such as Japan, China and India which are emerging regions for the growth of shock wave therapy device market. South American countries such as Brazil and Mexico are the regions which have significant potential in the market due to evolving medical structure, and high disposable income.

Download Exclusive Brochure of This Report :

http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=13457

The global major players operating in shock wave therapy device market include Boston Scientific Corporation, Dornier MedTech GmbH, C.R. Bard Inc, Cook Group Inc., Medtrue Enterprise Co. Ltd., Lumenis Ltd, Olympus Corporation, Siemens AG, Karl Storz Gmbh and Co. KG, Edaptms TMS and other significant players worldwide.

The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape.

The study is a source of reliable data on:

Key market segments and sub-segments
Evolving market trends and dynamics
Changing supply and demand scenarios
Quantifying market opportunities through market sizing and market forecasting
Tracking current trends/opportunities/challenges
Competitive insights
Opportunity mapping in terms of technological breakthroughs
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
Middle East and Africa (GCC, Southern Africa, North Africa)

TMR estimates the market size of various sectors using a combination of available data on the number and revenue of companies within each sub-sector and tiers of companies. The basic components used to determine market size and forecast for a specific product area are not only limited to supply-side data, but are also related to demand, industry trends, and the economic outlook. All the above data points are utilized to generate a statistical model targeting the sector marketplace. More than 300 TMR analysts across the world integrate these elements into a framework to determine the subsector market size for a base year and then forecast growth within each market.

TMR regularly interviews technology and business professionals as an ongoing effort to track the latest developments within each sector. These continuous surveys are stratified by company size and industry segment and weighted to reflect the global market place. All data are collected on an ongoing effort through a structured questionnaire rolled over the web or conducted via telephones. This provides the TMR team opportunities to request for detailed question sets, complex skip patterns, and real-time calculations, which assists respondents in answering questions involving numbers and percentages. Respondents, who are interviewed as experts, are screened and qualified based on certain criteria in addition to their decision-making authority and the scope of activity within their organizations.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.