Lithotripter Devices Market Size, Share, Growth and Trends, Forecast 2024-2031

The Global Lithotripter Devices Market reached US$ 1.15 billion in 2023 and is expected to reach US$ 1.87 billion by 2031 growing with a CAGR of 6.3% during the forecast period 2024-2031.

A lithotripter is a medical device used to treat kidney stones and other calculi within the urinary tract by breaking them into smaller, passable fragments using shock waves. The two primary types of lithotripters are extracorporeal shock wave lithotripsy (ESWL) devices and intracorporeal lithotripsy devices. ESWL devices generate shock waves externally, which are targeted at the stones using imaging techniques like X-rays or ultrasound. These waves penetrate the body to fragment the stones without requiring surgery, making ESWL the most common and minimally invasive method for kidney stone treatment. In contrast, intracorporeal lithotripsy involves inserting a device directly into the body to break up stones using various energy sources such as lasers, electrohydraulic, mechanical, or ultrasonic energy. This method is typically employed when ESWL is ineffective, particularly for stones in the ureter or those resistant to fragmentation by ESWL.

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Market Dynamics:

Increasing incidence of urolithiasis and technological advancements

The global lithotripter devices market is experiencing growing demand due to several key factors. A major driver is the increasing incidence of urolithiasis, or kidney stones, coupled with continuous technological advancements in lithotripsy devices. The rising prevalence of kidney stones is fueling the need for more effective treatments, making lithotripsy devices essential for addressing these conditions. Technological innovations are enhancing both the clinical efficacy and patient safety of these devices. New advancements such as burst wave lithotripsy (BWL) and high-frequency shock waves are improving the effectiveness of stone fragmentation and ensuring safer procedures.

Additionally, major industry players are contributing to market growth through new product launches and key developments. For example, in May 2024, Dornier MedTech introduced UroGPT, the first AI tool designed to support kidney stone patients by offering reliable information and actionable insights for better care. Furthermore, Boston Scientific is set to advance kidney stone treatment in South Korea with the Lumenis Pulse 120H Holmium Laser System in March 2024. This system, featuring the advanced MOSES 2.0 technology, is expected to improve the efficiency and success of lithotripsy procedures, further propelling the global market for lithotripter devices.

Segment Covered in the Lithotripter Devices Market:

By Type: Extracorporeal Shock Wave Lithotripsy Devices (ESWL), Intracorporeal Lithotripsy Devices.

By Application: Kidney Stones, Ureteral Stones, Pancreatic Stones, Bile Duct Stones.

By End-User: Hospitals, Specialty Clinics, Ambulatory Surgical Centres.

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Key players involved in Lithotripter Devices Market:

• Boston Scientific Corporation
• EDAP TMS
• Richard Wolf GmbH
• Olympus
• Cook
• Dornier MedTech.
• DirexGroup
• STORZ MEDICAL AG,
• KARL STORZ
• ELMED Medical Systems.

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Regional Analysis:

The global Lithotripter Devices 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 Lithotripter Devices 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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