Press release
Global Lithotripsy Device Market Report 2025: Market Size, CAGR, Key Players, and Trends
Lithotripsy Device Market Size
Steady Rise in Global Lithotripsy Device Market Projected through 2025 Due to Changing Health Dynamics
What Is The Projected Market Size Of The Global Lithotripsy Device Market And Its Growth Rate?
The lithotripsy device market has experienced impressive gains in the recent period, and this growth trend is projected to continue.
• 2024 Market Size: $1.83 billion
• 2025 Market Size: $1.92 billion (5.2% CAGR)
• 2029 Market Size: $2.47 billion (6.4% CAGR)
Factors influencing this growth include increased incidence of kidney stones, preference for non-invasive procedures, medical image advancements, and aging population.
What Is Driving The Growth In The Lithotripsy Device Global Market?
The escalation in kidney stones prevalence has become a key driver in the lithotripsy device market's growth. Kidney stones are hard, pebble-like fragments that can form in one or both kidneys when urine contains excessive amounts of certain minerals. Lithotripsy devices are used to break these stones into small pieces with shockwaves allowing them to pass easily through urine. A rise has been observed in the Age-standardized prevalence rate (ASPR) of kidney stones in various populations, prompting increased demand for these devices.
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Who Are the Key Players Driving Lithotripsy Device Market Growth?
The lithotripsy device market is supported by major players such as:
• Boston Scientific Corporation
• Cook Medical LLC
• Shockwave Medical Inc.
• Lumenis Ltd.
• EDAP TMS S.A.
• Dornier MedTech GmbH
• Allengers Medical Systems Limited
• Medispec Ltd.
• EMD Medical Technologies
• Olympus Scientific Solutions Americas Corporation
• Medtronic plc
What Are The Key Trends In The Lithotripsy Device Market?
Trends shaping the lithotripsy device market include:
• Remote monitoring and telesurgery
• Continued research in stone fragmentation techniques
• Global collaboration in lithotripsy research
• Focus on outcomes-based healthcare
• Integration of artificial intelligence
What Are The Segments Of The Global Lithotripsy Device Market?
The lithotripsy device market is segmented by:
• Type: Extracorporeal Shock Wave Lithotripsy Devices, Intracorporeal Lithotripsy Devices
• Applications: Kidney Stones, Ureteral Stones, Pancreatic Stones, Bile Duct Stones, Other Applications
• End-User: Hospitals, Ambulatory Surgical Centers, Other End Users
Which Region Leads The Lithotripsy Device Global Market Report 2025?
North America was the largest region in the lithotripsy devices market in 2024. Other regions encompassed in the report include Asia-Pacific, Western Europe, Eastern Europe, South America, the Middle East, and Africa.
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What Is Covered In The Lithotripsy Device Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Lithotripsy Device Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Lithotripsy Device Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Lithotripsy Device Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Lithotripsy Device Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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