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Shock Wave Therapy Devices Market Sales Volume, Sales Price, Sales Revenue Analysis

01-16-2019 02:30 PM CET | Health & Medicine

Press release from: Coherent Market Insights - Medical Devices Industry

Shock Wave Therapy Devices

Shock Wave Therapy Devices

Shock wave therapy also called extracorporeal shock wave therapy (ESWT) is a non-invasive treatment that is used in wide areas of medical field that includes physical therapy, orthopedics, cardiology, and urology. Shock wave therapy is an alternative treatment for orthopedic surgeries. The term extracorporeal signifies the external shock generation, and the resultant shock waves are then transmitted to the internal parts of the body via intermediate pads through the skin. Shock wave therapy is undertaken mainly by patients suffering from tendons and joints disorders. This therapy is known to perform very efficient mobility restoration and pain management. The shock wave therapy is carried out with the help of specialized devices called shock wave therapy devices. These devices intend to treat several indications that leads to chronic and acute pain and as well as helps to speed up the process of recovery within patients suffering from chronic and sub-chronic conditions of painful bones, spots, myoskeletal tissues and soft tissues. The shock wave therapy provides faster healing, revascularization and regeneration of the bones, ligaments and tendons.

Rise in prevalence of arthritis and musculoskeletal disorders to fuel growth of shock wave therapy devices market

According to Health and Safety Executive, the UK, 41% of ill health was encountered among the UK employees due to work related musculoskeletal disorders (WRMSD), accounting for around 1,311,000 cases in 2014. Furthermore, according to the Center for Disease Control (CDC) around 22.7% of adults are reported with some or the other kind of arthritis, accounting for 54.4 million cases during 2013-2015. The high prevalence rate of musculoskeletal disorders creates a highly conducive environment for growth of shock wave therapy devices market.

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The global shockwave therapy devices market can be segmented on the basis of product type, technology, end user and geographical regions.

On the basis of product type,

-> Mobile Shockwave Therapy Devices
-> Fixed Shockwave Therapy Devices

On the basis of technology,

-> Electromagnetic Technique
-> Electrohydraulic Technique
-> Piezoelectric Technique
-> Radial Technique

The demand for non-invasive and hassle-free techniques responsible for driving the global shock wave therapy market

The demand for technologically advanced treatment for pain management and non- invasive nature of this therapy is the prime factor that is responsible to drive the global shock therapy market. The ability of shock waves therapy devices to increase cellular activity of the body and metabolic stimulation is also responsible to attract a large population. Furthermore, increase in the rate of prevalence of bone diseases as well increasing geriatric population are also playing a pivotal role to boost the global shock wave therapy devices market. However, the high cost of the therapy and lack of skillful workers to operate these devices could hinder the market growth up to some extent.

Key players operating the global shock wave therapy devices market includes:
-> C.R. Bard Inc.
-> Boston Scientific Corporation
-> Lumenis Ltd.
-> Dornier MedTech GmbH
-> Olympus Corporation
-> Medtrue Enterprise Co. Ltd.
-> Edaptms TMS
-> Cook Group Inc.
-> Karl Storz GmbH
-> Seimens AG.

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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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Coherent Market Insights
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#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email:sales@coherentmarketinsights.com

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