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Lithotripsy Device Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
Lithotripsy Device
What Is the Projected Growth of the Lithotripsy Device Market?
The Lithotripsy Device Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Lithotripsy Device Market?
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What Are the Different Lithotripsy Device Market Segments?
The lithotripsy device market covered in this report is segmented -
1) By Type: Extracorporeal Shock Wave Lithotripsy Devices, Intracorporeal Lithotripsy Devices
2) By Applications: Kidney Stones, Ureteral Stones, Pancreatic Stones, Bile Duct Stones, Other Applications
3) By End-User: Hospitals, Ambulatory Surgical Centers, Other End Users
Subsegments:
1) By Extracorporeal Shock Wave Lithotripsy Devices: Electrohydraulic Lithotripsy Devices, Electromagnetic Lithotripsy Devices, Piezoelectric Lithotripsy Devices
2) By Intracorporeal Lithotripsy Devices: Laser Lithotripsy Devices, Ultrasound Lithotripsy Devices, Mechanical Lithotripsy Devices
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What Are the Primary Drivers Shaping the Lithotripsy Device Market?
The escalating occurrence of kidney stones is anticipated to fuel the growth of the lithotripsy device market. These stones are hard, pebble-like substances that form within one or both kidneys when an individual's urine contains too much of a specific mineral. Lithotripsy devices play a crucial role in handling kidney stones by shattering them into tiny fragments using shockwaves for easier expulsion through the urine. For example, a study of more than 10,000 individuals aged between 40 and 70 years residing in Kharameh was documented in a journal issued by BioMed Central, a UK-based publisher of scientific open-access research resources, in December 2022. According to the study, the Age-standardized prevalence rate (ASPR) of kidney stones stood at 21.11%. Furthermore, the ASPR was 24.13% in men and 18.7% in women for the year 2022. Thus, the escalating prevalence of urolithiasis is catalyzing the expansion of the lithotripsy device market.
Which Companies Are Leading in the Lithotripsy Device Market?
Major companies operating in the lithotripsy device market include Boston Scientific Corporation,Cook Medical LLC,Shockwave Medical Inc.,Lumenis Ltd.,EDAP TMS S.A.,Dornier MedTech GmbH, Allengers Medical Systems Limited,DirexGroup,Medispec Ltd.,Elmed Medical Systems Ltd.,Convergent Laser Technologies,MTS Medical,NOVAmedtek LLC,EMD Medical Technologies,NIDHI Meditech Systems, Olympus Scientific Solutions Americas Corporation,Richard Wolf India Private Ltd.,Karl Storz SE & Co. KG,Technomed Systems Private Limited,Shenzhen Wikkon Medical Apparatus Co. Ltd.,Inceler Medikal Ltd. Sti,Cliniva Healthcare,C. R. Bard Inc.,E.M.S. Electro Medical Systems S.A.,MACHIDA Endoscope Co. Ltd.,Medtronic plc, Aymed Medical Technology Co. Ltd.,Proteus Digital Health Inc.
What Are the Major Trends Shaping the Lithotripsy Device Market?
The rising trend in the lithotripsy device market is driven by product innovations. Firms in the market are coming up with novel product concepts in order to cement their status within the industry. To exemplify, Shockwave Medical Inc., an American medical device enterprise, introduced the Shockwave M5+ peripheral IVL catheter in March 2022, following approval from both the CE Mark and the U.S. Food and Drug Administration (FDA). This new peripheral catheter from Shockwave features significant improvements - it's designed to mitigate IVL treatment timings, increase access alternatives, and extend IVL therapy to patients with larger vessel sizes. This innovative product enhances efficiency and efficacy in handling difficult patients, including those who were not previously candidates for IV treatment.
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What Are the Top Revenue-Generating Geographies in the Lithotripsy Device Market?
North America was the largest region in the lithotripsy devices market in 2024. The regions covered in the lithotripsy device market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Lithotripsy Device Market?
2. What is the CAGR expected in the Lithotripsy Device Market?
3. What Are the Key Innovations Transforming the Lithotripsy Device Industry?
4. Which Region Is Leading the Lithotripsy Device Market?
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