Lithotripsy Devices Market in United States, United Kingdom – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)
Publication ⇒Dec-23 Delivery Time ⇒ 5-7 Business Days Report Code ⇒PBCHC375-10M-OT
Lithotripsy Devices Market – Report Overview
Pacific Business Consulting’s “Lithotripsy Devices Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)” report offers a comprehensive understanding of Lithotripsy Devices market, encompassing historical and projected market size data, along with market trends, market drivers, market barriers and unmet medical needs in the Ten Major Markets (10MM) of the United States, Germany, Spain, Italy, France, the United Kingdom, Japan, China, Australia, and India.
In 2022, the Lithotripsy Devices market exceeded a valuation of over US$ 1.5 Billion, and it is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) exceeding 5% from 2023 to 2030. The market is expected to potentially surpass US$ 2.5 Billion by 2030.
A lithotripsy device is a medical apparatus used to treat kidney stones by breaking larger stones into smaller fragments, facilitating their passage through the urinary tract. This non-invasive procedure, known as lithotripsy, utilizes electromagnetic shock waves or ultrasonic energy to reach and break the stones. Lithotripsy devices are not only employed for kidney stones but are also used in treating ureteral stones, pancreatic stones, and bile duct stones.
The increasing prevalence of kidney stone diseases globally has led to a rise in minimally invasive endourological procedures. Consequently, there is an increased demand for lithotripsy devices in the market. Holmium lasers have traditionally been utilized for ureteroscopy lithotripsy, but thulium fiber lasers have gained prominence due to their advantages, including flexible optical fiber delivery, high thermal ablative effect, a wide range of laser settings, potentially low energy consumption, and high frequencies. This has led to faster stone ablation across various compositions.
The market is experiencing growth as it transitions from fiber optic to digital systems, improving the vision for healthcare providers. The shift to digital systems addresses issues like image flickering caused by laser interaction with image sensors, leading to the adoption of more advanced and efficient technologies.
Recent developments in miniaturized devices, such as the Uscope 3022 by Pusen, have become preferable due to lower insertion failure rates, better irrigation outflow, and a reduced risk of ureteral damage. The continuous influx of digitally integrated high-tech devices is expected to contribute to further market growth.
The market is projected to expand with the increasing incidence of urolithiasis and a rise in the number of extracorporeal shock wave lithotripsy procedures. Urolithiasis, a common urologic problem, poses a significant burden on the global healthcare system. The demand for lithotripsy devices is driven by the need for safe, effective, and affordable treatment for urolithiasis, with lithotripsy being a preferred method due to its relative safety, lower cost, shorter recovery time, and positive patient outcomes.
However, market growth may face challenges due to the adverse effects associated with lithotripsy and the availability of alternative treatments for stone removal. Despite these challenges, the overall outlook for the lithotripsy devices market remains positive, fueled by the increasing prevalence of kidney stone diseases and advancements in technology.
Leading players in the Lithotripsy Devices segment, including Siemens, Bio-Rad Laboratories Inc., Enzo Biochem Inc, Trivitron Healthcare, Shenzhen New Industries Biomedical Engineering Co., Ltd., Sinduri Biotec, STORZ MEDICAL AG, Boston Scientific Corporation, Olympus Corporation, Becton, Dickinson and Company, DirexGroup, Richard Wolf GmbH, Karl Storz SE & Co. KG, Lumenis Be Ltd., are expected to play a crucial role in shaping the future landscape of Lithotripsy Devices technologies through ongoing innovation.
Scope of Report
The report addresses critical subjects such as strategic competitor evaluation, market characterization, unmet needs, and the consequences of these elements for the Lithotripsy Devices market. It also delves into the analysis of present and prospective market competition within the global Lithotripsy Devices market.
Furthermore, the report offers an insightful examination of the primary industry drivers, constraints, and challenges. Each trend undergoes independent research to furnish qualitative analysis regarding its implications.
Reasons to Buy
- Develop your business strategies by gaining insights into the trends that shape and drive the Lithotripsy Devices market across the 10MM (Ten Major Markets).
- Increase revenue by comprehending key trends, innovative products and technologies, market segments, and companies poised to influence the future of the 10MM Lithotripsy Devices market.
- Craft effective sales and marketing strategies by thoroughly understanding the competitive landscape and analyzing the performance of various competitors.
- Identify emerging players with potentially robust product portfolios and devise strategic counter-strategies to gain a competitive advantage.
- Optimize your sales and marketing efforts by pinpointing market categories and segments that offer the greatest opportunities for consolidations, investments, and strategic partnerships.
- Executive Summary: Lithotripsy Devices
- Global Market Outlook: Lithotripsy Devices
- Competitive Intelligence Analysis: Lithotripsy Devices
- Therapeutic Sector SWOT
- Technology Roadmap Analysis: Lithotripsy Devices
- Market Background
- Drivers
- Restraints
- Opportunity
- Key Market Trends
- Key Unmet Needs
- Key Marketed Products Profile – Major Approved Products: Lithotripsy Devices
- Product Profile
- Safety and Efficacy
- Regulatory Landscape
- Lithotripsy Devices: Ten Major Market (10MM) – Market Analysis, By Product
- Extracorporeal Shock Wave Lithotripsy (ESWL)
- Intracorporeal Lithotripsy
- Ultrasonic Lithotripsy Devices
- Electrohydraulic Lithotripsy Devices
- Mechanical Lithotripsy Devices
- Laser Lithotripsy Devices
- Lithotripsy Devices: Ten Major Market (10MM) – Market Analysis, By Application
- Kidney Stones
- Ureteral Stones
- Pancreatic Stones
- Bile Duct Stones
- Other Applications
- Lithotripsy Devices: Ten Major Market (10MM) – Market Analysis, By End User
- Hospitals & Clinics
- Ambulatory Surgical Centres
- Others
- Lithotripsy Devices: Ten Major Market (10MM) – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- S. Lithotripsy Devices – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- K. Lithotripsy Devices – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- Germany Lithotripsy Devices – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- France Lithotripsy Devices – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- Italy Lithotripsy Devices – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- Spain Lithotripsy Devices – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- Japan Lithotripsy Devices – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- China Lithotripsy Devices – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- Australia Lithotripsy Devices – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- India Lithotripsy Devices – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- Competitive Landscape
- Company Overview
- Product Portfolio
- Key Financials
- Sales Footprint
Note – All Major Company Profiles (Count up to 20) will be covered in the report
- Assumptions and Acronyms Used
- Research Methodology
- Secondary Research
- Primary Research
- Data Triangulation
- Geographic Scope
- The U.S., The U.K., Germany, France, Italy, Spain, Japan, China, Australia, and India
- Copyrights and Disclaimer
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