Global Lithotripsy Devices Market: Strong Growth and Industry Trends Unveiled

Healthcare facilities worldwide expect sizeable growth in the lithotripsy devices market, driven by technological advancements, aging population, and a shift towards minimally invasive procedures.

What Is The Projected Market Size Of The Global Lithotripsy Devices Market And Its Growth Rate?
The lithotripsy devices market has shown a robust upward trajectory in recent years.

•Market size of $1.25 billion in 2024, expected to grow to $1.31 billion in 2025 at a CAGR of 5.0%.
•The market is projected to reach $1.63 billion in 2029 at a CAGR of 5.5%.

Factors like introducing extracorporeal shock wave lithotripsy (ESWL), regulatory standards, and a shift towards non-invasive treatment methods have contributed to the historic growth. The forecasted growth is mainly due to increased cases of urolithiasis, the growing geriatric population, preference for outpatient treatments, and adoption of sedation-free techniques.

What Is Driving The Growth In The Lithotripsy Devices Market?
The surge of geriatric population worldwide is a significant factor propelling the lithotripsy devices market. The aging population, notably those 65 years and above, primarily necessitates the use of lithotripsy devices for minimally invasive treatment of urolithiasis and remove kidney stones. Future projections by the World Health Organization indicate that by 2030, nearly one-sixth of the global population will be aged 60 or older. These demographics necessitate the increase in demand for lithotripsy devices, hence driving market growth.

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Who Are the Key Players Driving Lithotripsy Devices Market Growth?
Significant players in the lithotripsy devices market include:
•Siemens AG
•Becton Dickinson and Company
•Boston Scientific Corporation
•Cook Medical LLC
•Shockwave Medical Inc.
•Lumenis Ltd.
•EDAP TMS S.A.
•Others

What Are The Key Trends In The Lithotripsy Devices Market?
Notable trends in the forecast period include:
•Adoption of disposable devices
•Multi-disciplinary collaborative care
•Integration of remote monitoring and telemedicine
•Non-invasive alternatives
•Expansion of home-based lithotripsy

What Are The Segments Of The Global Lithotripsy Devices Market?
The lithotripsy devices market is segmented as follows:

•By Type: Extracorporeal Shock Wave Lithotripsy Devices, Intracorporeal Lithotripsy Devices, Laser Lithotripsy Devices, Electrohydraulic Lithotripsy Devices, Ultrasonic Lithotripsy Devices, and Mechanical Lithotripsy Devices
•By Applications: Kidney Stones, Ureteral Stones, Pancreatic Stones, Bile Duct Stones
•By End-User: Hospitals, Ambulatory Surgical Centers, Other End Users

Which Region Leads The Lithotripsy Devices Market?
North America commanded the largest share of the lithotripsy devices market in 2024. However, Asia-Pacific is anticipated to be the fastest-growing region in the projected period. Coverage extends to regions such as Western Europe, Eastern Europe, South America, Middle East, and Africa.

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What Is Covered In The Lithotripsy Devices Market Global Market Report?
- Market Size Analysis: Analyze the Lithotripsy Devices Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Lithotripsy Devices 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 Devices Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Lithotripsy Devices Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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