Global Extracorporeal Lithotripter Market By Overview
Extracorporeal Lithotripter is a procedure which help in utilizing shockwaves to fragment kidney stones and then pass through urinary tract and also can be removed. It has become the outpatient procedure for treating nephrolithiasis which is truly non-invasive.
Global Extracorporeal Lithotripter Market By Drivers & Restraints
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Drivers |
Restrains |
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Rising prevalence of kidney & ureter stones among individual |
Limitations of extracorporeal lithotripter |
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Growing demand for minimally invasive surgical procedures |
High costs |
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Presence of major players and growing strategic partnerships & acquisitions among players |
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Advancement in medical devices |
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Global Extracorporeal Lithotripter Market By Segmentations & Regional Insights
The target market is segmented based on Type, Application, and Region.
Type Insight
On the basis of Type, the target market is segmented into Fluid-Electric Extracorporeal Shock Wave Lithotripsy, Electromagnetic Extracorporeal Shock Wave Lithotripsy, and Piezoelectric.
Application Insight
On the basis of Application, the target market is segmented into Biliary Calculi, Kidney Stone, Salivary Stones, and Pancreatic Stones.
Regional Insights:
On region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
North America market is estimated to witness a significantly high revenue share over the forecast period.
- Rising prevalence of diabetes and kidney stone diseases.
- Continuous technological development.
- Presence of major players.
- Increased number of product approvals.
Asia Pacific market is estimated to witness a fastest revenue share over the forecast period.
- Rising prevalence of renal stone diseases.
- Improved healthcare infrastructure.
- Growing number of players operating in medical device industry in expanding markets such as India and China.
Recent Development:
The New Launched Product News,
- In May 2023, the Kilpauk Medical College and Hospital in Chennai launched new equipment for extracorporeal shock wave lithotripsy. The procedure with shock waves generated by lithotripter machine is used to break up stones in urinary tract, pancreatic duct or bile ducts.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2022 |
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Forecast period |
2022 – 2032 |
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Market representation |
Revenue in USD Billion & CAGR from 2022 to 2032 |
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Market Segmentation |
By Type - Fluid-Electric Extracorporeal Shock Wave Lithotripsy, Electromagnetic Extracorporeal Shock Wave Lithotripsy, and Piezoelectric By Application - Biliary Calculi, Kidney Stone, Salivary Stones, and Pancreatic Stones |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032.
Few Other Promising Reports:
Global Extracorporeal Lithotripter Market By Competitive Landscape & Key Players
The key players operating the target market includes, Olympus Corporation, Boston Scientific, Cook Medical, Siemens AG, STORZ Ltd., Allengers Corporation, EdapTms S.A., Dornier MedTech, Richard Wolf, DirexGroup, and Others.
FAQs
The Extracorporeal Lithotripter Market is segmented into Type, Application, and Region.
Factors include a growing prevalence of kidney stones, technological advancements in lithotripsy devices, and an increasing aging population
Challenges include high treatment costs, limited access in remote areas, and potential complications associated with the procedure
The report covers global regions, and factors like the increasing adoption of advanced medical technologies suggest that North America may dominate the market.
The key players operating the target market includes, STORZ Ltd.,EMD Inc.,US Ltd.,Allengers Corporation,Edaptms Inc.,MTS Ltd.,Jena Medtech,Direx-Initia