Shock Wave Therapy Market Global Outlook 2021-2026: EMS Electro Medical Systems SA, Dornier MedTech GmbH, Olympus Corporation

The Global Shock Wave Therapy Market Research Report 2021-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope, and application of this report.

The shock wave therapy market studied was anticipated to grow with a CAGR of nearly 5.6% during the forecast period. 

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Key Market Players:

EMS Electro Medical Systems SA, Dornier MedTech GmbH, Olympus Corporation, Karl Storz SE & Co KG, Siemens AG, BTL corporate, EDAP TMS S.A., NCELER MEDICAL LTD, Boston Scientific Corporation, Zimmer MedizinSysteme GmbHand Other

Key Market Trends

The Electrohydraulic Shock Waves Segment by Technique is Expected to Hold the Largest Market Share in the Shock Wave Therapy Market

- The electrohydraulic shock wave segment accounted for the largest market share in the last decade and is expected to continue over the forecast period. This dominance is owing to factors such as higher awareness and application of the technology for the past few years along with the increased preference among the physicians. Also, its wide range of applicability in various disorders including cardiovascular diseases, veterinary medicines, plastic surgery resulted in a higher demand for the segment contributing a significant share fueling the global market.
- By application, the orthopedic segment is expected to dominate the global market share owing to higher incidences of accidents and sports injuries along with preference to Non-invasive methods of treatments. Also, urology and cardiology devices are anticipated to witness the highest growth rates due to the availability of devices specific to the treatments with an increase in demand with a rise in the prevalence of gall stones and cardiac deaths. STORZ MEDICAL launched the world's first shock wave device MODULITH SLC, for the treatment of refractory angina pectoris which is fuels the growth of segment propelling the global market.
- By End-User, the major share of the SWT devices is covered by Hospitals due to a large number of hospitalized patients with orthopedic and cardiac conditions. The rapid increase in the adoption of SWT devices to replace surgical procedures is also expected to increase the demand for manufacturers and fuel the market throughout the forecast period.

North America Dominates the Market and Expected to do Same in the Forecast Period.

North America is expected to dominate the global SWT market throughout the forecast period. The dominance is owing to the rapid increase in the geriatric population, highly advanced technology and established healthcare infrastructure providing the SWT for pain management. Also, the growing incidence of cardiac ischemia, kidney stones and erectile dysfunction in the U.S. fuels the market in the region and contributes to the highest share in the global market.

Followed by North America, Europe accounts for the second-highest market revenue due to factors such as a huge patient pool with pain management which generates high demand for SWT devices. Also, the government support for start-ups and new entrants in the medical field with innovative developments coupled by the ongoing research and development activities by the key players to launch new products in pain management will drive the market in the region which is expected to the significant share of revenue in the global shock wave therapy market.

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What are the market factors that are explained in the report?

Executive Summary: It includes key trends of the global Shock Wave Therapy market related to products, applications, and other crucial factors. It also provides an analysis of the competitive landscape and CAGR and market size of the global Shock Wave Therapy market based on production and revenue.

Production and Consumption by Region: It covers all regional markets focusing on the research study. It discusses prices and key players besides production and consumption in each regional market.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the global Shock Wave Therapy market.

Market Segments: This part of the report discusses product type and application segments of the global Shock Wave Therapy market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approaches Shock Wave Therapy used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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How we have factored the effect of Covid-19 in our report:

All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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