Lithotripter Devices Market

SKU: DMMD68 | Last Updated On: Jan 20 2023 | Available Formats

>Lithotripter Devices Market Expected to reach a high CAGR of 4.30% during the forecast period 2023-2030:

Lithotripter Devices Market is segmented By Product (Extracorporeal Shock Wave Lithotripsy System, Intracorporeal Lithotripsy System, Laser Lithotripsy, Electrohydraulic Lithotripsy, Mechanical Lithotripsy, Ultrasonic Lithotripsy), By End-User (Hospitals, Ambulatory Surgical Centres), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030.

Lithotripter Devices Market is expected to grow at a CAGR of 4.30% during the forecasting period (2023-2030). Lithotripter Devices are non-invasive devices that break up kidney stones by passing electromagnetic shock waves through a water bath while a patient sits inside. It provides a non-surgical means of pulverizing kidney stones into pieces small enough to be passed naturally in the patient’s urine. Kidney stones are relatively familiar with a lifetime prevalence of 10%. This poses a significant health hazard to the general population worldwide. The market will be primarily driven by an increasing incidence of urolithiasis (the process of forming stones in the kidney, bladder, and urethra) as well as the growing demand for minimally invasive procedures. However, adverse effects and complications associated with lithotripsy will be a significant market challenge. A significant market trend observed is the growing popularity of holmium laser lithotripsy.

Market Industry

The global Lithotripter Devices market report segments the market by product type, end-user, and region. Based on product type, the market is segmented into two types, namely Intracorporeal and Extracorporeal. Out of the two, the extracorporeal shock wave lithotripter is more commonly used and accounted for close to 65% of the market share in 2017.

Lithotripter Devices Market

Metrics

Details

Market CAGR

4.30%

Segments Covered

By Product, By End-User, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

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