Lithotripsy Devices Market is Expected to Grow at 5.2% in the Forecast Period of 2018 to 2025

Lithotripsy Devices Market has shown an exceptional penetration in developed economies of North America and Europe due to the rising prevalence of kidney and increasing number of surgeries performed every year.

Lithotripsy Devices Market Scenario

According to Data Bridge Market Research the lithotripsy devices market is growing due to increasing number of patients suffering from urolithiasis. Increasing investment in technological advancement in the prevalence of lithotripsy devices will uplift the market growth in the forecast period. Increasing advantages of the lithotripsy market such as relative safety, low cost, less recovery time and patient outcomes will augment the growth of the market. Rising application from the emerging countries will be the biggest opportunity for the lithotripsy market.

Now the question is which are the other regions intuitive is targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific lithotripsy devices market and the market leaders targeting India and japan to be their next revenue pockets for 2020.

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New Lithotripsy Devices Market Developments

  • In September 2019, Shockwave Medical Inc. announced the approval of intravascular lithotripsy device from FDA. This device is used for the treatment of complex calcified CVD. It helps to fracture calcium in coronary arteries with the help of sonic pressure waves.
  • In October 2018, Olympus Corporation acquired Cybersonics, Inc., a leading producer of lithotripsy devices. They will provide high quality products with improved clinical results, reduce overall cost and enhance quality of life of the patients. This acquisition will increase the product portfolio of the company and help to reach worldwide.

Scope of the Lithotripsy Devices Market

Lithotripsy devices market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Israel, Switzerland, Rest of Europe, China, Japan, India, Australia, Singapore Thailand, Malaysia, Taiwan, Indonesia, Philippines, Rest of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa and Rest of middle East and Africa (MEA).

  • All country based analysis of the lithotripsy devices market is further analyzed based on maximum granularity into further segmentation. On the basis of type, the market is segmented into intracorporeal lithotripsy and extracorporeal shock wave lithotripsy. Based on application, the market is segmented into kidney stone, pancreatic stones, ureteral stones and bile duct stone. The end-user covered for the report is hospitals, ambulatory surgical centers, and other end users.
  • Lithotripsy is a therapeutic procedure performed to remove the stone from the organs such as kidney, gall bladder or liver. The technique is used to break the process of urolithiasis. Kidney stone cause several problems such as blood in the urine, discomfort in the abdomen and flank. Ultrasound shock waves are used to break stones in the kidney.

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Key Pointers Covered in the Lithotripsy Devices Market Industry Trends and Forecast to 2025

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Healthcare Outcomes
  • Market Cost of Care Analysis
  • Regulatory Framework and Changes
  • Prices and Reimbursement Analysis
  • Market Shares in different regions
  • Recent Developments for Market Competitors
  • Market upcoming applications
  • Market innovators study

Key Market Competitors Covered in the report

  • Richard Wolf
  • Direxgroup
  • Medispec LTD
  • C. R. Bard, Inc
  • Novamedtek
  • Karl Storz Gmbh
  • COOK
  • Dornier
  •  Medtech
  • Siemens AG
  • Storz Medical AG
  • Direx Group
  • Boston Scientific Corporation
  • Olympus
  • Medispec
  • Walz Elektronik 

Above are the key players covered in the report to know about more and exhaustive list of lithotripsy devices companies’ contact us

Research Methodology: Global Lithotripsy Devices Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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