Global Lithotripsy Devices Market
Global Lithotripsy Devices Market was valued at USD1.45 billion in 2017, and is estimated to grow at a CAGR of 5.5% from 2017 to 2024
Lithotripsy is medical procedure that break kidney stones in modicums. It uses shock wave to break kidney stones so that it can peregrinate through urinary track and abstract from the body. Transmuting technology and innovation are some of the major driving forces for the Global Lithotripsy Devices Market .
Some of the market drivers for the Global Lithotripsy Devices Market include the incrementing incidence of urolithiasis, changing technology and innovation, increasing adoption of new products and rising demand for advanced medical instruments. In addition to this, it is the increasing prevalence of kidney stones and technological advancements in lithotripsy contrivances that further boosts the market demand for lithotripsy device globally. On the other hand, unpropitious healthcare reforms in the US, unpropitious effects associated with lithotripsy and the availability of alternative treatments for stone abstraction are a few key factors that are expected to restrain the magnification of Global Lithotripsy Devices Market during the forecast period.
Global Lithotripsy Devices Market is classified into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America has been the largest market for Global Lithotripsy Devices Market, owing to increased awareness, incrementing incidence of urolithiasis, increasing prevalence of kidney stones and technological advancements in lithotripsy contrivances in the region. Asia Pacific market is expected to grow at the fastest rate during the forecast period owing to the incrementing cases of lithotripsy. New players are looking forward towards investment in the Asia Pacific market due to more patient pool and increment utilization of lithotripsy devices.
The major player in the Global Lithotripsy Devices Market are Siemens AG (Germany), Boston Scientific (US), Dornier MedTech (Germany), Olympus America (Japan), DirexGroup (Germany), and Richard Wolf (Germany), Ince Medical, ELMED Elektronik ve Medikal San. TIC. A.S., Grupo Maxwerk, Haiying Enterprises Group Co. Ltd., cook. C. R. Bard, Inc., lumenis, Karl Storz Gmbh and Co. KG.
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The years that have been considered for the study are:
â€¢ Base year â€“ 2016
â€¢ Estimated year â€“ 2017
â€¢ Forecast period â€“ 2017 to 2024
Global Lithotripsy Devices Market Key Segment:
â€¢ Global Lithotripsy Devices Market By Type
o Extracorporeal Shock Wave Lithotripsy Devices
o Intracorporeal Lithotripsy Devices
ï‚§ Laser Lithotripsy Devices
ï‚§ Electrohydraulic Lithotripsy Devices
ï‚§ Ultrasonic Lithotripsy Devices
ï‚§ Mechanical Lithotripsy Devices
â€¢ Global Lithotripsy Devices Market By Application
o Kidney Stones
o Ureteral Stones
o Pancreatic Stones
o Bile Duct Stones
â€¢Global Lithotripsy Devices Market By End User
o Ambulatory Surgical Centers
o Other End Users
Global Lithotripsy Devices Market, By Region
â€¢ Rest of Europe
â€¢ South Korea"
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Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Name: Lumawant Godage
Organization: MAXIMIZE MARKET RESEARCH PVT. LTD.
Address: Maharashtra 411051, India.
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electroni..