Extracorporeal Shock Wave Therapy Device Market Growth Factors, Segmentation, Trends, Opportunities, Key Players and Forecast | Evolve Business Intelligence

As per the study initiated by Evolve Business Intelligence, The global Extracorporeal Shock Wave Therapy Device market size is projected to reach approximately USD 0.74 Billion by 2032, at a CAGR of 7.41% from 2022 to 2032. Extracorporeal Shock Wave Therapy (ESWT) devices are medical devices that utilize shock waves, typically acoustic waves, generated outside the body and directed towards a specific treatment area. This non-invasive therapeutic technique is used to stimulate healing and reduce pain in various musculoskeletal conditions. In the context of orthopedics and rehabilitation, ESWT devices are commonly employed to treat conditions such as tendinopathies, plantar fasciitis, and calcific shoulder disorders. The shock waves generated by the device initiate biological responses, promoting tissue regeneration, neovascularization, and reducing inflammation, making ESWT a valuable modality in physical medicine and sports medicine.

Request/Download PDF Sample: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=021856

The Extracorporeal Shock Wave Therapy Device market is primarily driven by the rising prevalence of musculoskeletal disorders, sports injuries, and chronic pain conditions, prompting increased adoption of non-invasive and effective treatment modalities. Additionally, advancements in technology, coupled with growing awareness among healthcare professionals and patients about the benefits of Extracorporeal Shock Wave Therapy, contribute to market expansion.

Key Players
Some of the major Extracorporeal Shock Wave Therapy Device Market players holding high market shares include BTL, Storz Medical, EMS Electro Medical Systems, MTS Medical, and Zimmer MedizinSysteme. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include Gymna, Likamed GmbH, Inceler Medikal, HANIL-TM, Chattanooga, Urontech, Wikkon, Longest, Xiangyu Medical, Shengchang Medical.

Report Description: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=021856

Segmental Analysis
Based on Type, the Extracorporeal Shock Wave Therapy Device market is segmented into Table-top/Portable ESWT Device and Hand-push Type ESWT Device. The dominance of the Table-top/Portable ESWT Device segment in the Extracorporeal Shock Wave Therapy Device market is attributed to its increased popularity among healthcare practitioners for its versatility, ease of use, and accessibility, allowing for efficient treatment delivery in various clinical settings.

Based on the Application, the Extracorporeal Shock Wave Therapy Device market is Medical Institutions, Physical Therapy, and Sports Centers. The projected high CAGR in the Medical Institutions segment is attributed to the growing integration of Extracorporeal Shock Wave Therapy Devices into hospital and clinic settings, driven by the rising demand for advanced non-invasive treatment options for musculoskeletal conditions, fostering increased adoption and accessibility within medical facilities.

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

Address
Evolve Business Intelligence
C-218, 2nd floor, M-Cube
Gujarat 396191
India
Email: sales@evolvebi.com
Website: https://evolvebi.com/

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

This release was published on openPR.