openPR Logo
Press release

Lithotripsy Devices Market to Grow with Double Digit CAGR During the Forecast Period | TechSci Research

12-03-2021 11:07 AM CET | Health & Medicine

Press release from: TechSci Research LLC

Global Lithotripsy Devices Market - TechSci Research

Global Lithotripsy Devices Market - TechSci Research

Rising cases of kidney stones is driving the growth in Global Lithotripsy Devices Market in the forecast period, 2022-2026.

According to TechSci Research report, “Global Lithotripsy Devices Market By Type (Intracorporeal Lithotripsy, Extracorporeal Shock Wave Lithotripsy (ESWL)) By Modality (Standalone v/s Portable) By Application (Kidney Stone, Pancreatic Stones, Ureteral Stones, Bile Duct Stone) By End User (Hospitals & Clinics, Ambulatory Surgical Centers, Others) By Region, Competition Forecast & Opportunities, 2026”, the global lithotripsy devices market may potentially project an impressive growth in the forecast period, 2022-2026, with an impressive CAGR on the account of rising number of instances where the patient is suffering severe and complicated cases of kidney stones.

The changing lifestyles, and poor life choices are risking the kidney stone development among the younger population of the world which is expected to support the growing market in lieu of surge in the demand of the devices required for the treatment of the kidney stones. Moreover, the geriatric population is more susceptible to the kidney stones problem. Therefore, the alarming rate of increasing geriatric population of the world is a major driving factor for the growth of the global lithotripsy devices market in the upcoming five years.

Lithotripsy is a medical treatment which is the process of removal of kidney stones by a non-invasive surgical process. The kidney stones that are too large and cannot pass through the urinary tract are treated using lithotripsy devices. Through the process of fluoroscopy, the stones are located and identified and then the lithotripsy devices are utilized to extract the kidney stones from the particular portion.

The rising instances of urolithiasis is anticipated to be a major cause of the impressive CAGR growth in the market. Although, the expenses of the medical procedure might put a minor restraint on the growth of the market in the future five years.

Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on "Global Lithotripsy Devices Market"
https://www.techsciresearch.com/report/lithotripsy-devices-market/7991.html

The global lithotripsy devices market is segmented by type, modality, application, end user, competitional landscape, and regional distribution. Based on modality, the market is differentiated between standalone and portable device. Standalone devices held major shares of the market in the historical years and is expected to dominate the market in the next five years too on the account of consistent practices being carried out and the complicated procedures that require experienced surgeons and medicine practitioners to execute the procedure.

Moreover, the surge in the demand in the south Asian countries owing to the still developing healthcare industry is driving the growth of the market. Although portable devices are expected to register the fastest growing CAGR on the grounds of feasibility of the device, efficiency, cheaper option for the procedure, leaves no room for ay risk condition therefore driving the growth of the market. Moreover, due to the surge in demand from the ambulatory care centers and other health care facilities that require portable medical devices to overcome the back-draw of smaller infrastructure is supporting the growth of the market in the next five years.
Based on type, the market is further bifurcated into intracorporeal lithotripsy, extracorporeal shock wave lithotripsy (ESWL). Extracorporeal shockwave lithotripsy devices are anticipated to hold the major revenue shares of the market in the next five years. The market segment growth can be attributed to the surge in the demand of non-invasive surgical procedures and technological advancement in the medical healthcare industry.

ESWL or Extracorporeal shockwave lithotripsy is the medical procedure of removing the kidney stones where open surgeries can be avoided and even if the kidney stones are larger in sizes the procedure can easily remove the kidney stone from its location and extract it. High energy shock waves are passed through the body that reaches the stone’s location and breaks it into smaller pieces which is then excreted out from the urinary tract. The sizes are preferably turned to as small as the size of sand grains.

Holding the major shares of the global lithotripsy devices market are Fairhaven Health LLC, Geratherm Medical AG, Abbott Laboratories, Inc., Quidel Corporation, Swiss Precision Diagnostics GmbH (Procter & Gamble), Tempdrop LLC, Uebe Medical GmbH, HiLin Life Products Inc., Fertility Focus Limited, among others.

Market players are actively involved in the research and technological development in the medical device developments. The advanced technology has made it possible for the healthcare industry to provide excellent healthcare services through lithotripsy devices. Further advancement would aid the market value and brand establishment in the future five years.

New market players may focus on the research and development to provide options that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.

Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=7991
Customers can also request for 10% free customization on this report.

“North America is anticipated to be the most volatile and most promising market in the future five years. High prevalence of kidney stone problems and increasing awareness about lithotripsy devices among consumers are anticipated to drive the market growth in the future. Also, the region consists of the United States and Canada likewise major economies that support excellent healthcare within the country and the presence of multiple market players that hold major shares of the market are other major factors that is expected to support the growth of the market too. Moreover, Asia-Pacific region is expected to show a major growth in the CAGR owing to the developing healthcare industry in the countries like India and China. The market is open for the technologically advanced and cheaper medical devices. Since a new wave of healthcare beneficiary policies is experienced in these countries, new market players may benefit from governmental aid,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Lithotripsy Devices Market By Type (Intracorporeal Lithotripsy, Extracorporeal Shock Wave Lithotripsy (ESWL)) By Modality (Standalone v/s Portable) By Application (Kidney Stone, Pancreatic Stones, Ureteral Stones, Bile Duct Stone) By End User (Hospitals & Clinics, Ambulatory Surgical Centers, Others) By Region, Competition Forecast & Opportunities, 2026”, has evaluated the future growth potential of global lithotripsy devices and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global lithotripsy devices market.
Browse Related Reports:
Global Urology Devices Market By Type (Endoscopes, Dialysis Devices, Laser & Lithotripsy Devices, Endovision & Imaging Devices, Catheters, Urodynamic Systems, Stents, Biopsy Devices, Others) By Procedure Type (Minimally Invasive Surgery Devices v/s Robotic Surgery) By Application (Kidney Diseases, Urological Cancer & BPH, Pelvic Organ Prolapse, Others) By End User (Hospitals & Clinics, Ambulatory Care Centers, Dialysis Centers, Home Care Settings) By Company, By Region, Forecast & Opportunities, 2026
https://www.techsciresearch.com/report/urology-devices-market/7526.html

Global Rapid Test Kit Market By Type (Rapid Antigen Test v/s Rapid Antibody Test), By Product Type (Over-the-counter (OTC) Rapid Test Kit v/s Professional Rapid Test Kit), By Technology (Lateral Flow Assays, Agglutination, Immunospot Assay, Solid Phase), By Duration (Less than 10 minutes, Less than 30 minutes, Less than 1 hour, 1 hour-2 hour, Others), By Application (Infectious Disease, Cardiology, Oncology, Pregnancy & Fertility, Toxicology, Glucose Monitoring, Others), By End Users (Hospitals & Clinics, Diagnostic Centers, Home Care, Others), By Region, Forecast & Opportunities, 2026
https://www.techsciresearch.com/report/rapid-test-kit-market/4858.html

About TechSci Research:
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: sales@techsciresearch.com
Website: https://www.techsciresearch.com/
For More Market Research Blogs Visit: https://techsciblog.com/

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 to Grow with Double Digit CAGR During the Forecast Period | TechSci Research here

News-ID: 2484082 • Views: 157

More Releases from TechSci Research LLC

United States Medical Aesthetic Devices Market to Grow with an Impressive CAGR u …
Technological advancement is driving the growth of United States Medical Aesthetic Devices Market, in the forecast period. According to TechSci report on, “United States Medical Aesthetic Devices Market By Type of Device (Energy-Based Aesthetic Device {Laser-Based Aesthetic Device, Radiofrequency-Based Aesthetic Device, Light-Based Aesthetic Device, Others} v/s Non-Energy-Based Aesthetic Device {Aesthetic Botulinum Toxin, Microdermabrasion, Implants, Others}) By Application (Skin Resurfacing and Tightening, Body Contouring and Cellulite Reduction, Hair Removal, Facial Aesthetic Procedures,
Anesthesia Monitoring Devices Market to Grow with an Impressive CAGR During the …
Advancing technology in medicine is driving the growth in Global Anesthesia Monitoring Devices Market in the forecast period, 2022-2026. According to TechSci Research report, “Global Anesthesia Monitoring Devices Market By Product Type (Basic Anesthesia Monitors, Advanced Anesthesia Monitors, Integrated Anesthesia Workstation) By End User (Hospitals & Surgical Centers, Ambulatory Care Centers, Others) By Region, Competition Forecast & Opportunities, 2026”, the global anesthesia monitoring devices market is expected to show a robust
Why are Major Conglomerates Suddenly Splitting Up into New Corporate Entities? | …
There has been a crazy new trend of ginormous global companies dismantling into multiple entities as diversification isn’t a rage in the corporate world. Companies like Johnson & Johnson, GE, Pfizer, Merck, GlaxoSmithKline have recently announced their corporate divorces, but the splits are not confined to the healthcare sector. Many tech giants, global retail brands, telecom companies have spun off large divisions so that they can invest their time and
Diabetes Management Using Glucose Monitoring Devices | TechSci Research
According to the World Health Organization statistics, currently approx. 463 million people are living with diabetes throughout the world. The number is set to rise to some 700 million by 2045. Diabetes is one of the leading causes of death globally, accounting for more than 79,000 deaths annually. The growing prevalence of diabetes worldwide due to poor lifestyle, inadequate physical activity, stress, obesity, smoking, and other factors are increasing the

All 5 Releases


More Releases for Lithotripsy

Intracorporeal Lithotripsy Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Intracorporeal Lithotripsy Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-intracorporeal-lithotripsy-market_p107337.html   Lithotripters are devices that are used to break
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
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
Lithotripsy Devices Market – Global Industry Insights – 2025
Lithotripsy is a procedure that uses ultrasound shock wave to break stones in the kidney and in other organs such as gallbladder, liver, and urethra. Kidney stones occur when substances such as urine crystallize in kidney forming stones or solid mass, which does not allow the urine to pass out through the body. Thus, formation of this stones can lead to bleeding, severe pain in urinary tract, infection and kidney