The global lithotripsy devices market is expected to reach USD 1.76 billion by 2023 from USD 1.41 billion in 2018, at a CAGR of 4.5%. Factors driving growth of this market include increasing incidence of urolithiasis and technological advancements in lithotripsy devices. On other hand, unfavourable healthcare reforms in US & adverse effects associated with lithotripsy & availability of alternative treatments for stone removal are expected to restrain growth of market during forecast period.
Lithotripsy Devices Market spread across 108 Pages, Profiling 10 Companies and Supported with 76 Tables and 29 Figures is now available at www.rnrmarketresearch.com/contacts…ple?rname=1542615 .
The key players in the lithotripsy devices market include Siemens AG (Germany), Boston Scientific (US), Dornier MedTech (Germany), Olympus America (Japan), DirexGroup (Germany), and Richard Wolf (Germany).
2 Market Share Analysis, 2017
3 Competitive Scenario
4 Product Launches
The lithotripsy devices marketis categorized into extracorporeal shock wave lithotripsy (ESWL) devices and intracorporeal lithotripsy devices. In 2017, the intracorporeal lithotripsy devices segment is expected to register the highest CAGR during the forecast period.
“The extra corporeal lithotripsy devices segment is anticipated to grow at the fastest growth rate during the forecast period.”
More Information on Lithotripsy Devices Market with Forecast and Company Profiles at www.rnrmarketresearch.com/contacts/1542615 .
Geographically, the lithotripsy devices market was dominated by North America, followed by Europe, in 2017. However, Asiais expected toregister the highest CAGR during the forecast period.
Growth in this region can be attributed to the developing healthcare infrastructure, rising burden of chronic diseases, and increasing initiatives to promote the use of lithotripsy devices.
The primary interviews conducted for this report can be categorized as follows:
- By Company Type - Tier 1 – 70% and Tier 2 – 30%
- By Designation – C-level – 62%, Director-level – 21%, Others – 17%
- By Region – North America –50%, Asia– 30%,Europe – 20%
The report analyses the lithotripsy devices market by type, application, end user, and region.Apart from a comprehensive geographic product analysis and market sizing, the report also provides a competitive landscape that covers the growth strategies adopted by industry players over the last three years. In addition, the company profiles include the product portfolios, developments, and strategies adopted by prominent market players to maintain and increase their shares in the market.
The global lithotripsy devices market is segmented on the basis of type, application, end user, and regions. By type, the lithotripsy devices market is segmented into extracorporeal shock wave lithotripsy (ESWL) devices and intracorporeal lithotripsy devices.
1 Lithotripsy Devices: Market Overview
2 North America: Lithotripsy Devices Market, By Type (2018)
3 Geographical Snapshot of the Lithotripsy Devices Market
4 Lithotripsy Devices Market, By End User, 2018–2023
ESWL devices segment accounted for the largest share of the global lithotripsy devices market in 2017. ESWL is the least invasive of all stone treatments and is considered the treatment modality of choice for a majority of urinary stones.
This advantage is supporting the growth of the ESWL devices market.
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