Lithotripsy Devices Market Analysis Revealing Key Drivers, Growth Trends through 2026 | PMR

According to the latest report published by Persistence Market Research titled “Lithotripsy Devices Market: Global Industry Analysis 2013-2017 and Forecast 2018–2026,” the Lithotripsy Devices Market is anticipated to expand at a CAGR of 4.3% during the forecast period in terms of value.

Increasing prevalence of kidney stones is the major factor expected to drive the growth of the Lithotripsy Device Market over the forecast period. Over the years lithotripsy has become the most preferred method for the treatment of kidney stones. This has largely been due to the advantage of its relative safety, low cost, less recovery time and positive patient outcomes.

Get Sample Copy of Report @ https://www.persistencemarketresearch.com/samples/23587

Company Profiles

  • Siemens Healthineers AG
  • Richard Wolf GmbH
  • Dornier MedTech
  • Lumenis Ltd.
  • STORZ MEDICAL AG
  • Inceler Medikal Co. Ltd.
  • Direx Group
  • Medispec Ltd.
  • EDAP TMS S.A.
  • GEMSS Co., Ltd.

Get To Know Methodology of Report @ https://www.persistencemarketresearch.com/methodology/23587

Additionally, the intracorporeal lithotripsy devices are able to treat all compositions of kidney stones and have a high success rates for ureteral stones without any major complications. On other hand, lack of innovation and the industry’s interest in funding younger technologies are the major factors restraining the growth of the global lithotripsy devices market.

PMR report for global lithotripsy devices has been segmented the Based on type: intracorporeal lithotripsy device, extra corporeal lithotripsy device. Based on modality, the global lithotripsy device market has been segmented into standalone and portable lithotripsy device. Based on end user, the global lithotripsy device market has been segmented into hospitals, ambulatory surgical centres and specialty clinics.

Extracorporeal Lithotripsy Devices is the Most Lucrative Segment by Type

Extracorporeal lithotripsy device segment is estimated to dominate the lithotripsy devices market by type with more than 70.0% throughout the forecast period. Extracorporeal lithotripsy device segment by type for global Lithotripsy Device Market is expected to show incremental opportunity of US$ 208.4 Mn to reach the value of US$ 777.1 Mn by 2026 end.

By product type, intracorporeal lithotripsy devices is expected grow at faster pace than extracorporeal lithotripsy devices for global lithotripsy device market and it is projected to growth with the CAGR of 5.3% over the forecast period.

Access Full Report @ https://www.persistencemarketresearch.com/checkout/23587

Hospital Segment Dominates Market Share by End User

Among all end users, hospitals are expected to dominate the lithotripsy devices market with 66.6% value share in 2017. Hospital segment by end user for global lithotripsy devices market is expected to show incremental opportunity of US$ 202.2 Mn and it is projected growth 4.2%.

Middle East & Africa Will Continue to Grow at a Considerable Rate

PMR analysed the Lithotripsy Device Market in six major regions: North America, Latin America, Europe, Asia-Pacific excluding China, China, and Middle East & Africa (MEA). Europe dominates the market value share for Lithotripsy devices and is expected to reach US$ 307.5 Mn by 2026 end.

The Asia-Pacific excluding China market for lithotripsy devices is expected to account for the second largest market value share which is then followed by North America. Asia-Pacific excluding China and Europe collectively constitute for around 50% of market share over the forecast period. MEA and Latin America are expected to be fastest growing regions for lithotripsy device market due to growing healthcare efforts.

Key Insights from PMR’s Report on Lithotripsy Devices Market

Lithotripsy procedures are soon becoming an outpatient procedure, reflecting a robust growth in the ambulatory surgical center segment, by end users. Minimal waiting time, costs, and procedural times favor healthcare delivery systems into integrating lithotripsy procedures as an outpatient procedure. However, majority of the lithotripsy procedures are still performed at hospitals.

Although there are newer approaches for treating kidney stones, patients prefer minimally invasive or non-invasive treatment methods for kidney stone treatment.

Modern day lithotripters, which provide a range of settings to clinicians, allow clinicians to choose various combinations that have various effects during the procedure.

Key Questions Answered in Market Report:

  • What will the market size be in 2027 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Explore Extensive Coverage of PMR`s Life Sciences & Transformational Health Landscape

Feminine Hygiene Product Market – Feminine Hygiene Products Market Segmented By Sanitary Pads/Napkins, Tampons, Panty Liners, Menstrual Cups, and Feminine Hygiene Wash. For More Information

Elder Care Services Market – Elder Care Services Market Segmented By Home-based Care, Community-based Care, Institutional Care Services and Financing Source By Public Expenditure, Private Source, Out-of-Pocket Spending. For More Information

About us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

Contact us:

Ashish Kolte
Persistence Market Research
Address – 305 Broadway, 7th FloorNew York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com
Website – https://www.persistencemarketresearch.com

Recommended For You

About the Author: yogesh sengar

Leave a Reply

Your email address will not be published. Required fields are marked *