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Lithotripsy Devices Market 2019 Growth, COVID Impact, Trends Analysis Report 2025
Lithotripsy Devices Market
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Factors Driving the Global Lithotripsy Devices Market
Major factors that are driving the global lithotripsy devices market are the rising geriatric population and increasing incidence of urolithiasis. Moreover, boost in the number of extracorporeal shock wave lithotripsy procedures is anticipated to contribute to the growth of the market. According to the National Center for Biotechnology Information, shock wave lithotripsy has a success rate of 65% in patients on account of which there is a significant boost in the market growth.
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Furthermore, there is a tremendous rise in the competition of the lithotripsy devices market which is further aiding in the market growth. Moreover, the manufacturers are rapidly implementing innovative features in these devices to gain a competitive edge. Another major factor that is driving the growth of the market is a boost in R&D and increasing investments. Further, government initiatives, rise in aging population, and the upsurge in awareness about urolithiasis are assisting in the market growth. However, side effects of lithotripsy shock waves such as hypertension, diabetes, and in some cases permanent loss of functional renal volume are anticipated to hamper the growth of the market.
The key players dominating the global lithotripsy devices market are Richard Wolf GmbH, Allengers Medical Systems Ltd., Karl Storz GmbH & Co. KG, Lumenis, Ltd., MTS medical UG, DirexGroup, EMS Electro Medical Systems SA, Boston Scientific Corp., and others. Geographical expansion, merger & acquisition, partnerships & collaborations, finding a new market or innovate in their core competency in order to expand individual market share are some of the key strategies adopted by major market players.
Global Lithotripsy Devices Market - Segment
Global Lithotripsy Devices Market by Device
Extracorporeal Shock Wave Lithotripsy (ESWL)
Intracorporeal Lithotripsy
Ultrasonic
Pneumatic
Laser
Electrohydraulic (EHL)
Global Lithotripsy Devices Market by Application
Renal and Urethral Stones
Bladder Stones
Others (Pancreatic and Bile duct stones)
Global Lithotripsy Devices Market – Regional
North America
US
Canada
Europe
Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
Company Profiles
Allengers Medical Systems Ltd.
American Kidney Stone Management Ltd. (AKSM)
Boston Scientific Corp.
Cybersonics, Inc.
DirexGroup
Dornier MedTech GmbH
EDAP TMS SA
Elmed Electronics & Medical Industry & Trade, Inc.
EMS Electro Medical Systems S.A
HealthTronics, Inc.
Karl Storz GmbH & Co. KG
Lumenis, Ltd.
M.I. Tech Co., Ltd.
MTS Medical UG
Northgate Technologies, Inc. (NTI)
NOVAmedtek
Olympus Corp.
Richard Wolf GmbH
Shockwave Medical, Inc.
Siemens AG
TMC Europa, Ltd.
United Medical Systems, Inc.
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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