Global Lithotripsy Devices Market was valued at USD1.45 billion in 2017, and is estimated to grow at a CAGR of 5.5% from 2017 to 2024. 
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Lithotripsy is medical procedure that break kidney stones in modicums. It uses shock wave to break kidney stones so that it can peregrinate through urinary track and abstract from the body. Transmuting technology and innovation are some of the major driving forces for the Global Lithotripsy Devices Market . Some of the market drivers for the Global Lithotripsy Devices Market include the incrementing incidence of urolithiasis, changing technology and innovation, increasing adoption of new products and rising demand for advanced medical instruments. In addition to this, it is the increasing prevalence of kidney stones and technological advancements in lithotripsy contrivances that further boosts the market demand for lithotripsy device globally. On the other hand, unpropitious healthcare reforms in the US, unpropitious effects associated with lithotripsy and the availability of alternative treatments for stone abstraction are a few key factors that are expected to restrain the magnification of Global Lithotripsy Devices Market during the forecast period. Global Lithotripsy Devices Market is classified into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America has been the largest market for Global Lithotripsy Devices Market, owing to increased awareness, incrementing incidence of urolithiasis, increasing prevalence of kidney stones and technological advancements in lithotripsy contrivances in the region. Asia Pacific market is expected to grow at the fastest rate during the forecast period owing to the incrementing cases of lithotripsy. New players are looking forward towards investment in the Asia Pacific market due to more patient pool and increment utilization of lithotripsy devices. The major player in the Global Lithotripsy Devices Market are Siemens AG (Germany), Boston Scientific (US), Dornier MedTech (Germany), Olympus America (Japan), DirexGroup (Germany), and Richard Wolf (Germany), Ince Medical, ELMED Elektronik ve Medikal San. TIC. A.S., Grupo Maxwerk, Haiying Enterprises Group Co. Ltd., cook. C. R. Bard, Inc., lumenis, Karl Storz Gmbh and Co. KG.
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The 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%.
ESWL is the least invasive of all stone treatments and is considered the treatment modality of choice for a majority of urinary stones.Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsample.asp?id=29769904Kidney stones segment accounted for the largest share in 2017On the basis of applications, the lithotripsy devices market is categorized into kidney stones, ureteral stones, pancreatic stones, and bile duct stones.
The increasing incidence of kidney stones and the recurrence of these stones over a period of time are the key factors driving the growth of this segment.Browse and in-depth TOC on “Lithotripsy Devices Market” 76 - Tables29 - Figures 108 - Pages In 2017, the hospitals segment accounted for the largest share of the marketOn the basis of end user, the lithotripsy devices market is categorized into hospitals, ambulatory surgical centers, and other end users.
In 2017, the hospitals segment accounted for the largest share of the global lithotripsy devices market.
The large share can be attributed to the high number of surgeries performed in hospitals.Read more (Lithotripsy Devices Market):- https://www.marketsandmarkets.com/PressReleases/lithotripsy-device.asp North America commanded the largest share of the market in 2017Based on region, the lithotripsy devices market is segmented into North America, Europe, Asia, and the Rest of the World (RoW).
The large share can primarily be attributed to the high prevalence of kidney stones and the large number of surgeries performed each year.Some of the major players in the lithotripsy devices market are Siemens AG (Germany), Boston Scientific (US), Dornier MedTech (Germany), Olympus America (Japan), DirexGroup (Germany), and Richard Wolf (Germany).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
The lithotripsy devices market is projected to continue its steady growth due to the burgeoning cases of kidney stones, coupled with the surging demand for minimally invasive medical treatments.
In recent past, lithotripsy has become the most preferred way of treating kidney stones, owing to myriad advantages of lithotripsy devices, such as low cost, relative safety, negligible recovery time and positive results.The FactMR report on lithotripsy devices market opines that the growing adoption of lithotripsy devices owing to their ability to treat all kinds of kidney stones with impressive success rates for ureteral stones without any considerable complications has been underpinning gains in lithotripsy devices market.Request For Sample Report- https://www.factmr.com/connectus/sample?flag=S_id=3084Surging Incidence of Urolithiasis to Boost Sales of Lithotripsy DevicesUrolithiasis is a widely prevalent urologic issue, which constitutes considerable burden on the healthcare system across the globe.
According to FactMR report on lithotripsy devices market, apart from widespread prevalence, urolithiasis has been linked to an increased risk of end-stage renal failure, which has further accelerated the demand for lithotripsy devices.
The rapidly advancing technology and manifold extracorporeal shock wave lithotripsy procedures are anticipated to act as a main growth driver for lithotripsy devices market, as per FactMR study.
Further, lithotripsy devices’ manufacturers are focusing on creating novel and cutting-edge lithotripsy devices, which is expected to fuel growth in global lithotripsy devices market during 2018-2026.Browse Full Report on Lithotripsy Devices Market with TOC- https://www.factmr.com/report/3084/lithotripsy-devices-marketThe FactMR report on lithotripsy devices opines that lithotripsy procedures are likely to become an outpatient procedure in the forthcoming years, witnessing a robust growth in ambulatory surgical center segment by end users.
Though there are newer ways for the treatment of kidney stones, patients are increasingly opting for minimally invasive or non-invasive treatment as a viable method for kidney stones treatment.
The Global Lithotripsy Devices Market delivers comprehensive data regarding development patterns, competitive landscape analysis, and key regions development status along with insightful predictions for the next few years.
Key parameters such as market size, growth rate, constraints, driving forces, market reach, current and future market inclinations, revenue projection calculation, and fascinating opportunities from 2020 to 2025 are identified by Global Lithotripsy Devices Market research.The study focuses on the world's leading players in the Lithotripsy Devices market, including information such as product image and specification, company profiling, capability, production, cost, price, revenue and contact information.
Along with this, the report includes a thorough analysis of PESTEL and Porter’s five forces where five external industry forces such as competitive rivalry, bargaining power of buyers, the threat of new entrants, bargaining power of suppliers, the threat of substitutes are studied.Access Sample Report @ https://www.kdmarketinsights.com/sample/5239The industry experts at KD Market Insights are working to recognize, compile and provide evaluations on the effect of the COVID-19 tragedy on many businesses and their customers in a timely manner to assist them in making excellent business decisions.
The Global Lithotripsy Devices market report contains the implication of COVID-19 on the studied market along with effective strategies to survive in this situation.The Following are the Key Features of Global Lithotripsy Devices Market Report:-Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis-Growth Drivers and Barriers, Market Trends & Market Opportunities-Porter’s Five Forces Analysis & Trade Analysis-Market Forecast Analysis for 2020-2025-Market Segments by Geographies and Countries-Market Segment Trend and Forecast-Market Analysis and Recommendations-Price Analysis-Key Market Driving Factors-Lithotripsy Devices Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.
Important segments have been developed and analyzed to facilitate sound business decisions.
Each segment and its sub-segments are evaluated on the basis of their growth prospects, market share and CAGR.
Urolithiasis is the way toward shaping stones in the kidney, bladder, as well as urethra.
Kidney stones happen in 1 of every 20 individuals eventually in their life.Lithography is a method that utilization stun wave to separate stones in the kidney, bladder, or ureter.
Numerous pieces of the world are currently experiencing the stones' illness which represents a significant wellbeing risk influencing 20% of everyone around the world.
In Thailand, the most noteworthy pervasiveness pace of 16.9% was accounted for in the Northeast areas, while in Middle Eastern nations, the lifetime commonness of kidney stones is even high.
By and by, lithotripsy gadgets worldwide market is driven by the maturing populace, innovative progression, expanding frequency of urolithiasis.
Nonetheless, the antagonistic impact of lithotripsy stun waves which can regularly bring about hypertension, diabetes, and now and again the lasting loss of utilitarian renal volume go about as significant obstruction for this market.
