openPR Logo
Press release

Lithotripsy Devices Market Promising Growth Opportunity between 2018 and 2026

02-03-2020 01:09 PM CET | Health & Medicine

Press release from: Fact.MR

Lithotripsy Devices Market Promising Growth Opportunity

Thelithotripsy devices marketis projected to continue its steady growth due to the burgeoning cases of kidney stones, coupled with the surging demand for minimally invasive medical treatments. According to Fact.MR report, the lithotripsy devices market is anticipated to accelerate at 4.3% CAGR during 2018-2026 to reach a value of US$ 1,095.2 MN by the end of 2026. In recent past, lithotripsy has become the most preferred way of treating kidney stones, owing to myriad advantages of lithotripsy devices, such as low cost, relative safety, negligible recovery time and positive results.

The lithotripsy devices market report highlights the following players:

EDAP TMS S.A.
Direx Group
Inceler Medikal Co. Ltd.
STORZ MEDICAL AG

The lithotripsy devices market report examines the operating pattern of each player - new product launches, partnerships, and acquisitions - has been examined in detail. The widespread prevalence of complications arising due to kidney stones is a main factor expected to fuel growth in the lithotripsy devices market in the forthcoming years. In recent years, lithotripsy has gained traction as a highly viable method for treating large kidney stones.

The Fact.MR report on lithotripsy devices market opines that the growing adoption of lithotripsy devices owing to their ability to treat all kinds of kidney stones with impressive success rates for ureteral stones without any considerable complications has been underpinning gains in lithotripsy devices market.

You can Request an Example Copy from here - https://www.factmr.com/connectus/sample?flag=S&rep_id=3084

Surging Incidence of Urolithiasis to Boost Sales of Lithotripsy Devices

Urolithiasis is a widely prevalent urologic issue, which constitutes considerable burden on the healthcare system across the globe. According to Fact.MR report on lithotripsy devices market, apart from widespread prevalence, urolithiasis has been linked to an increased risk of end-stage renal failure, which has further accelerated the demand for lithotripsy devices. As per the U.S. National Institutes of Health, urolithiasis affects roughly 12% of the worldwide population once in lifetime. The report opines that the growing prevalence of kidney stones is likely to drive the growth of lithotripsy devices market during the forecast period.

The Fact.MR report on lithotripsy devices opines that lithotripsy procedures are likely to become an outpatient procedure in the forthcoming years, witnessing a robust growth in ambulatory surgical center segment by end users. Though there are newer ways for the treatment of kidney stones, patients are increasingly opting for minimally invasive or non-invasive treatment as a viable method for kidney stones treatment. Furthermore, as modern day lithotripters provide a wide range of settings to clinicians, medical practitioners get the liberty to adopt diverse combinations with various effects during the procedure. However, the prevalence of substitutes for kidney stones treatment is likely to dampen the growth of lithotripsy market during the foreseeable period.

Ask Industry Professional about Report - https://www.factmr.com/connectus/sample?flag=AE&rep_id=3084

Europe to Dominate Lithotripsy Devices Market with Prevalence of Key Market Players

According to Fact.MR analysis of lithotripsy devices market, Europe is envisaged to dominate lithotripsy devices market and is projected to reach US$ 307.5 MN by the end of foreseeable period due to the presence of leading market players in the region. Europe will be closely trialed by Asia-Pacific excluding China (APEC) lithotripsy devices market. APEC lithotripsy devices market is likely to account for second largest value share in lithotripsy devices market due to increasing burden of chronic diseases in tandem with the developing healthcare infrastructure in the region, apart from the growing initiatives to promote adoption of lithotripsy devices.

Contact Us

Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Lithotripsy Devices Market Promising Growth Opportunity between 2018 and 2026 here

News-ID: 1916806 • Views: 166

More Releases from Fact.MR

Trailer Canopy Market: North America to Have an Upper Hand Over Europe, Fact.MR …
Domestic Players gain from Consumer Proximity On-demand customizations and vehicle innovations largely influence the trailer canopy market and contribute in its market growth. Trailer canopies are used for many purposes and their purpose has grown beyond providing shade. Major stake holders in the market have introduced many solutions in accordance with customer need. Customized trailer canopies attract customer attention. Metal based trailer canopies are the other type that are highly demanded.
Ammonium Chloride Market to Witness Steady Growth | Haohua Junhua Group Co Ltd, …
Ammonium chloride is extensively used in many applications of which its application as fertilizers is highly sought after. Paddy cultivation prominently uses ammonium chloride fertilizers. Increase in cultivation of rice across the globe intensifies demand for Ammonium Chloride for its nitrogenous content. Fact.MR report predicts that demand for Ammonium Chloride of pharma grade will increase in future owing to the growing demand for cold and cough medicines that contain it.
Dredging Market Investment Research Report 2021 to 2031 | Jan De Nul Group, Pe …
The new report on the Keyword market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2016 – 2020. According to Fact.MR, the global dredging market is forecast to be valued at US$ 21 Bn in 2031. Rise in demand from the oil & gas industry too is expected to propel demand for dredging as time goes
Data Center Market to Grow US$ 178,000 Mn Revenues by 2028 | IBM Corporation, …
Fact.MR has adopted multi-disciplinary approach to shed light on the evolution of the global Data Center market during the historical period of 2013 – 2017. A recently developed Fact.MR study foresees the data center market to record a splendid 12.0% CAGR over the period of forecast, 2018 to 2028. Installation & construction services will continue to account for bulk share of the data center market, albeit growing at a slightly

All 5 Releases


More Releases for Lithotripsy

Lithotripsy Device Market Will Amass US$ 1,095.2 Mn by 2026
According to the latest report published by Persistence Market Research titled “Lithotripsy Devices Market: Global Industry Analysis 2013-2017 and Forecast 2018–2026,” the Lithotripsy Devices Market is anticipated to expand at a CAGR of 4.3% during the forecast period in terms of value. Increasing prevalence of kidney stones is the major factor expected to drive the growth of the Lithotripsy Device Market over the forecast period. Over the years lithotripsy has become
Lithotripters Market Report 2018: Segmentation byDevice((Extracorporeal Shock Wa …
Global Lithotripters market research report provides company profile for Convergent Laser Technologies, DirexGroup, Karl Storz GmbH & Co. KG, Medispec Inc., Aymed Medical Technology, EMD Medical Technologies, Boston Scientific Corporation, Siemens Healthcare, Olympus Corporation, Cook Medical and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY
Global Lithotripsy Market to Witness Robust Expansion by 2025
This report focuses on the global Lithotripsy status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Lithotripsy development in United States, Europe and China. Lithotripsy is a medical procedure involving the physical destruction of hardened masses like kidney stones bezoars or gallstones. Lithotripsy replaced lithotrites as the most common treatment beginning in the mid-1980s. In ESWL, external shockwaves are focused at the stone to
Extracorporeal Shock Wave Lithotripsy Machine Market Report 2018: Segmentation b …
Global Extracorporeal Shock Wave Lithotripsy Machine market research report provides company profile for Dornier, Richard-Wolf, MTS, DirexGroup, Siemens, EDAP TMS, Storz, Medispec, WIKKON, HYDE, Sody, Haibin, Comermy and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to
Lithotripsy Market Key Trend and Major Player Analysis by 2023
The Global Lithotripsy Market was around US$ 396.2 million in 2016 and is expected to reach US$ 524.9 million which is projected to grow at a CAGR of 4.1% by 2023. The global lithotripsy market has been evaluated as steadily growing market and it is expected that the market will continue to grow similarly in the near future. Rising demand for technological advanced products, new product launches, changing healthcare environment and
Lithotripsy Devices Market : Growth Opportunities Report 2025
Lithotripsy is a procedure that helps to break the process of urolithiasis. Urolithiasis is the process of forming stones in the kidney, bladder, and/or urethra. Kidney stones are a common cause of blood in the urine and pain in the abdomen, flank, or groin. Kidney stones occur in 1 in 20 people at some time in their life. Lithotripsy is a procedure that uses shock wave to break up stones in