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Extracorporeal Shock Wave Lithotripsy Market: Current Analysis and Forecast (2021-2027)

Region:Global

Author(s):

Product Code:UMHE21662

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Published on

January 2022

Total pages

218

Table of Content

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About the Report

About the Report

Extracorporeal Shock Wave Lithotripsy is the commonly used treatment for kidney and ureter stones. In this, the high-intensity acoustic pulse is applied externally to crush the stone causing minimal damage to the normal tissue. The stones are broken down into smaller fragments using the shock waves.
The prevalence of obesity and overweight is rising dramatically across the globe and has nearly tripled since 1975. In 2019, almost 39% of adults aged 18 years and above were overweight globally. Also, some obese adults are at an increased risk of developing type 2 diabetes. As per recent research, obese people are up to 80 times more likely to develop type 2 diabetes. Further, studies have also shown that people having type 2 diabetes have also been twice at risk of having kidney stones. Kidney stones are even more probable in individuals who have severe diabetes. This increasing prevalence of obesity and diabetes all over the globe is expected to propel the extracorporeal shock wave lithotripsy market.
Furthermore, the demand for extracorporeal shock wave lithotripsy is increasing all over the world on account of the growing number of patients who are not suitable for open surgeries, advancement in technology, and shifting preferences of the population towards less-invasive surgeries. For instance, as per a recent paper published in the surgical endoscopy journal, the mean number of minimally invasive surgeries increased by 462% between 2000 and 2018. In addition to this, the increase in penetration of extracorporeal shock wave lithotripsy devices owing to the advantages offered by these devices such as minimal invasiveness, reduced pain, shorter hospital stay, and quicker recovery time are also some of the prominent factors contributing towards the growth of the market.
Based on technology, the market is segmented into electrohydraulic technique, electromagnetic technique and piezoelectric technique. The electrohydraulic technique segment generated revenue of USD XX million in 2020. The market is expected to grow at a CAGR of XX% during the forecast period to reach a market valuation of USD XX million by 2027. However, the piezoelectric technique is anticipated to witness a rapid growth rate during the projected timeframe.
Based on application, the market is segmented into kidney stones, uretic stones, pancreatic stones, and salivary stones. The kidney stones segment grabbed XX% market share of the extracorporeal shock wave lithotripsy market and gathered revenue of USD XX million in 2020. The segment is expected to grow at a CAGR of XX% during the forecast period to reach a market valuation of USD XX million by 2027.
Based on the end-user, the market is fragmented into hospitals, clinics, and others. The hospitals segment captured XX% market share in 2020. The market of this segment is expected to reach USD XX million by 2027. However, clinics are also likely to witness the fastest growth during the forecast period.
For a better understanding of the market adoption of the extracorporeal shock wave lithotripsy, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America constitutes a major market for the extracorporeal shock wave lithotripsy industry and generated revenue of USD XX Million in 2020 owing to the presence of well-established market players in the region.
Some of the major players operating in the market are Siemens AG, Boston Scientific Corporation, Medtrue Enterprise Co. Ltd., Karl Storz Gmbh and Co. KG, Olympus Corporation, C.R. Bard Inc., Cook Group Inc., Wikkon, Lumenis LTD, Dornier MedTech GmbH, among others. Several M&A's along with partnerships have been undertaken by these players to develop new and advanced products.
The Global Extracorporeal Shock Wave Lithotripsy Market was valued at USD XX million in 2020 and is projected to expand significantly with a CAGR of XX% from 2021 to 2027. The Extracorporeal Shock Wave Lithotripsy market is expected to witness a boost, owing to the surge in the number of people opting for minimally invasive surgeries.

Products


Companies

Siemens AG, Boston Scientific Corporation, Medtrue Enterprise Co. Ltd., Karl Storz Gmbh and Co. KG, Olympus Corporation, C.R. Bard Inc., Cook Group Inc., Wikkon, Lumenis LTD, Dornier MedTech GmbH

Table of Contents

Table of Contents

1 MARKET INTRODUCTION

1.1 Market Definitions

1.2 Objective of the Study

1.3 Limitation

1.4 Stake Holders

1.5 Currency Used in Report

1.6 Scope of the Global Extracorporeal Shock Wave Lithotripsy Study

2 RESEARCH METHODOLOGY OR ASSUMPTION

2.1 Research Methodology for the Global Extracorporeal Shock Wave Lithotripsy Market

2.1.1 Main Objective of the Global Extracorporeal Shock Wave Lithotripsy Market

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 COVID-19 IMPACT

6 GLOBAL EXTRACORPOREAL SHOCK WAVE LITHOTRIPSY MARKET REVENUE

7 MARKET INSIGHTS BY TYPE

7.1 Electrohydraulic Technique

7.2 Electromagnetic Technique

7.3 Piezoelectric Technique

8 MARKET INSIGHTS BY APPLICATION

8.1 Kidney Stones

8.2 Uretic Stones

8.3 Pancreatic Stones

8.4 Salivary Stones

9 MARKET INSIGHTS BY END-USER

9.1 Hospitals

9.2 Clinics

9.3 Others

10 MARKET INSIGHTS BY REGION

10.1 NORTH AMERICA EXTRACORPOREAL SHOCK WAVE LITHOTRIPSY MARKET

10.1.1 United States

10.1.2 Canada

10.1.3 Rest of North America

10.2 EUROPE EXTRACORPOREAL SHOCK WAVE LITHOTRIPSY MARKET

10.2.1 Germany

10.2.2 France

10.2.3 United Kingdom

10.2.4 Spain

10.2.5 Italy

10.2.6 Rest of Europe

10.3 ASIA PACIFIC EXTRACORPOREAL SHOCK WAVE LITHOTRIPSY MARKET

10.3.1 China

10.3.2 Japan

10.3.3 India

10.3.4 Australia

10.3.5 Rest of Asia Pacific

10.4 REST OF THE WORLD EXTRACORPOREAL SHOCK WAVE LITHOTRIPSY MARKET

11 EXTRACORPOREAL SHOCK WAVE LITHOTRIPSY MARKET DYNAMICS

11.1 Market Drivers

11.2 Market Challenges

11.3 Impact Analysis

12 EXTRACORPOREAL SHOCK WAVE LITHOTRIPSY MARKET OPPORTUNITIES

13 EXTRACORPOREAL SHOCK WAVE LITHOTRIPSY MARKET TRENDS & INSIGHTS

14 LEGAL & REGULATORY FRAMEWORK

15 DEMAND AND SUPPLY SIDE ANALYSIS

15.1 Demand Side Analysis

15.2 Supply Side Analysis

15.2.1 Top Product Launches

15.2.2 Top Business Partnerships

15.2.3 Top Merger & Acquisitions

16 VALUE CHAIN ANALYSIS

17 COMPETITIVE SCENARIO

17.1 Porter's Five forces analysis

17.1.1 Bargaining power of Supplier

17.1.2 Bargaining power of Buyer

17.1.3 Industry Rivalry

17.1.4 Availability of Substitute

17.1.5 Threat of new Entrants

18 COMPANY PROFILED

18.1 Siemens AG

18.1.1 Key Facts

18.1.2 Business Description

18.1.3 Key Product/Services Offerings

18.1.4 Growth Strategy

18.1.5 SWOT Analysis

18.1.6 Key Financials

18.1.6.1 Revenue Split

18.1.6.2 Financial Overview of Siemens AG

18.1.7 Recent Developments

18.1.7.1 Product Launch

18.1.7.2 Partnerships

18.1.7.3 Business Expansion and Investments

18.1.7.4 Merger and Acquisition

18.2 Boston Scientific Corporation

18.3 Medtrue Enterprise Co. Ltd.

18.4 Karl Storz Gmbh and Co. KG

18.5 Olympus Corporation

18.6 C.R. Bard Inc.

18.7 Cook Group Inc.

18.8 Wikkon

18.9 Lumenis LTD

18.10 Dornier MedTech GmbH

19 DISCLAIMER

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