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Extracorporeal Shock Wave Therapy Device Market Booming Worldwide With Leading Key Players - Chattanooga, Starz Medical & MTS Medical.

09-03-2024 11:02 AM CET | Health & Medicine

Press release from: DataM Intelligence 4market Research LLP

Extracorporeal Shock Wave Therapy Device Market || 2024-2031

Extracorporeal Shock Wave Therapy Device Market || 2024-2031

The extracorporeal shock wave therapy (ESWT) device market, valued at USD 119.3 million in 2022, is projected to grow at a compound annual growth rate (CAGR) of 5.90% from 2024 to 2031.

The extracorporeal shock wave therapy (ESWT) device uses low-energy sound waves transmitted through a gel medium to interact directly with the affected area. Its applications span orthopedics, physiotherapy, urology, sports medicine, veterinary medicine, rehabilitation centers, and plastic surgery. This non-surgical procedure is effective for treating soft tissue injuries, chronic pain, and supporting the reparative phase of bones and tendons.

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Market Dynamics:

Demand for hassle-free techniques is driving the market growth

The global shock wave therapy system industry is experiencing growth due to advancements in research and development, increased adoption of modern equipment in hospitals and clinics, and enhanced medications. The demand for cutting-edge treatment methods is expected to drive significant market expansion. Additionally, the rising prevalence of bone diseases among the aging population is fueling growth in this sector. Shock wave therapy devices also boost cellular activity, further supporting the industry's development.

Market Segment Analysis:

By Product: Table-top portable ESWT, Hand-push type ESWT.

By End-user: Physiotherapy clinics, Specialty clinics, Hospitals.

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Competitive Landscape:

• Chattanooga
• BTL
• Starz Medical
• EMS Electro Medical Systems
• MTS Medical
• Zimmer MedizinSystem
• GYMNA
• LIKAMED GMBH
• INCELER MEDIKAL
• HANIL-TM
• HNT MEDICAL

Regional Analysis:

The global Extracorporeal Shock Wave Therapy Device Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Extracorporeal Shock Wave Therapy Device Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

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