The Lithotripsy Devices Market was valued at approximately USD 1.58 billion in 2020, and it is expected to reach USD 2.04 billion by 2027, registering a CAGR of 4% during the forecast period, 2021-2027.
Lithotripsy is a medical procedure used to treat kidney stones and stones in other organs, such as the gallbladder or liver. Kidney stones usually get out of the body through urination, but sometimes the body cannot pass large stones through urination, which can cause bleeding, severe pain, and a urinary tract infection. Lithotripsy uses sound waves to break large kidney stones into smaller pieces, and the most common form of lithotripsy is extracorporeal shock wave lithotripsy.
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Market Segments
By product type
- Extracorporeal shock wave lithotripsy system
- Intracorporeal lithotripsy system
- Electrohydraulic lithotripsy
- Laser lithotripsy
- Ultrasonic lithotripsy
- Mechanical lithotripsy
By end-user
- Hospitals
- Ambulatory Surgical Centers
- Others
Key Players
Some of the key players operating in the lithotripsy device market are Dornier MedTech, Allenger, STORZ Medical, Lumenis, ms Westfalia, MTS medical, Direx Group, Medispec Ltd. GEMSS Co., Ltd., Richard Wolf, EMS Electro Medical Systems, Walz Elektronik GmbH, Boston Scientific Corporation, Beijing SODY Medical Equipment Co., Ltd., Apex-MediTech, etc.
Scope of the Report
The research study analyzes the global Lithotripsy Devices industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Lithotripsy Devices Market Report
1. What was the Lithotripsy Devices Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Lithotripsy Devices Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Lithotripsy Devices Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Lithotripsy Devices market.
- The market share of the global Lithotripsy Devices market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Lithotripsy Devices market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Lithotripsy Devices market.
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