Lithotripsy Devices Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis

The Lithotripsy Devices 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 Current Lithotripsy Devices Market Size and Its Estimated Growth Rate?
The market size for lithotripsy devices has seen robust growth in recent times. Rising from a value of $1.25 billion in 2024, it is forecasted to reach $1.31 billion in 2025, indicating a compound annual growth rate (CAGR) of 5.0%. The significant development during the past period can be credited to factors such as the launch of extracorporeal shock wave lithotripsy (ESWL), empirical research and clinical findings, patient inclination towards non-invasive procedures, expansion in healthcare facilities, standard certifications and regulatory approvals, along with physician education and training.

In the ensuing years, the lithotripsy devices market is projected to experience robust growth. By 2029, its value is estimated to reach $1.63 billion with a compound annual growth rate (CAGR) of 5.5%. This growth during the forecasted period can be ascribed to factors such as rising instances of urolithiasis, an escalating geriatric population, a move towards less invasive procedures, a favoring of outpatient treatments, and a growing inclination towards methods that do not require sedation. Key trends to watch out for in this period include embracing disposable devices, cooperation within multidisciplinary care, integration of remote monitoring and telemedicine, non-invasive options, and the broadening scope of at-home lithotripsy.

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How Are Emerging Segments Shaping the Lithotripsy Devices Market Landscape?
The lithotripsy devices market covered in this report is segmented -

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

Subsegments:
1) By Extracorporeal Shock Wave Lithotripsy Devices: High-Energy Shock Wave Devices, Low-Energy Shock Wave Devices
2) By Intracorporeal Lithotripsy Devices: Ultrasound Lithotripsy Devices, Electrohydraulic Lithotripsy Devices
3) By Laser Lithotripsy Devices: Holmium Laser Devices, Neodymium-YAG Laser Devices
4) By Electrohydraulic Lithotripsy Devices: Pneumatic Devices, Hydraulic Devices
5) By Ultrasonic Lithotripsy Devices: Ultrasonic Fragmentation Devices
6) By Mechanical Lithotripsy Devices: Grasping Devices, Crushing Devices

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Which Growth Factors Are Influencing Lithotripsy Devices Market Expansion?
The lithotripsy device market is projected to experience significant expansion due to the rising elderly population worldwide. The elderly population is primarily comprised of people who are 65 years old or above. The lithotripsy devices are becoming increasingly necessary due to the escalating instances of kidney stones and urolithiasis, especially among the elderly population. These devices offer minimal invasive solutions for treating these conditions. The World Health Organization, a Switzerland-based intergovernmental organization, projected in October 2022 that every sixth individual worldwide will be aged 60 or above by 2030. It also predicted that the global population of those aged 60 and above would increase from 1 billion in 2020 to 1.4 billion by 2030. By 2050, this specific population is expected to double to 2.1 billion. Hence, the lithotripsy device market is expected to grow exponentially with the surge in the global geriatric population.

Who Are the Dominant Players Across Different Lithotripsy Devices Market Segments?
Major companies operating 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., Dornier MedTech GmbH, Electro Medical Systems S.A., Allengers Medical Systems Limited, DirexGroup, Medispec Ltd., Elmed Medical Systems Ltd., Convergent Laser Technologies, MTS Medical, NOVAmedtek LLC, EMD Medical Technologies, NIDHI Meditech Systems (NMS), 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.

What Are the Latest Developing Trends in the Lithotripsy Devices Market?
One of the key trends taking over the lithotripsy device market is the rise of technological innovations. The leading players in this market are working to create advanced devices that will allow them to maintain their market position. A case in point occurred in January 2022, when Cardiovascular Systems Inc, an American firm that manufactures lithotripsy and other medical devices, developed intravascular lithotripsy technology for the treatment of coronary and peripheral artery diseases. This technology showcases a revolutionary treatment system for patients with these conditions. Through this new technology, Cardiovascular Systems Inc is able to provide a lineup of products to treat a wide variety of calcific coronary lesions.

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Which Geographic Regions Are Expected to Dominate the Lithotripsy Devices Market in the Coming Years?
North America was the largest region in the lithotripsy devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the lithotripsy devices 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 Devices Market?
2. What is the CAGR expected in the Lithotripsy Devices Market?
3. What Are the Key Innovations Transforming the Lithotripsy Devices Industry?
4. Which Region Is Leading the Lithotripsy Devices Market?

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