Lithotripsy Market information, by Types (Extracorporeal shock wave lithotripsy (ESWL), Intracorporeal (endoscopic lithotripsy), Percutaneous lithotripsy, and others), by End User (Hospitals and clinics, Research laboratories, Academic Institutes, and others) - Forecast to 2032

Lithotripsy Market Overview

Lithotripsy Market Size was valued at USD 1.84 Billion in 2023. The Global Lithotripsy industry is projected to grow from USD 1.98 Billion in 2024 to USD 3.28 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.77% during the forecast period (2024 - 2032). 

Lithotripsy is medical procedure that break kidney stones in small pieces. It use shock wave to break kidney stones so that it can travel through urinary track and remove from the body. Changing technology and innovation are major driving forces for the lithotripsy market. Increasing adoption of new products and rising demand for advanced medical instruments are key factors for market growth. Major manufactures are increasing funding for new product development that leading to innovation and increasing competition in this market. Increasing burden of kidney stone is major factor for market growth.

Study objectives of Lithotripsy Market:

• To provide detailed analysis of the Lithotripsy market structure with historical and forecast revenue for the next 7 years of the various segments and sub-segments of the Lithotripsy Market


• To provide insights about the key drivers, restraints, opportunities and challenges that affecting the growth of the Lithotripsy market


• To provide analysis of the market with respect to four main geographies and their countries- Americas, Europe, Asia-Pacific, and Middle East & Africa.


• To provide detail analysis of the market that segmented on the basis of type, by end user, and its sub-segments.


• To provide detail analysis of Lithotripsy market mainly based on value chain analysis, Porter’s five forces, Price analysis, and Supply Chain analysis etc.


• To provide detail country level analysis of the market with respect to the current market size and future prospective


• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Lithotripsy Market


• To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the Lithotripsy Market

Intended Audience

• Lithotripsy device manufacturers


• Lithotripsy devices suppliers


• Medical Research laboratories


• Research and Development (R&D) Companies


• Market Research and Consulting Service Providers


• Potential Investors 

Lithotripsy Market Segments

Lithotripsy Market has been segmented on the basis of type Extracorporeal shock wave lithotripsy (ESWL), Intracorporeal (endoscopic lithotripsy), Percutaneous lithotripsy, and others. Intracorporeal is further sub segmented into Laser lithotripsy, electrohydraulic lithotripsy, Mechanical lithotripsy, and Ultrasonic lithotripsy. On the basis of end user market is segmented into Hospitals and clinics, Research laboratories, Academic Institutes, and others.

Regional Analysis of Lithotripsy Market     

Considering the global scenario of the market, Americas holds the largest market share for the lithotripsy market. In Americas, U.S. accounts the largest market share due to the high adoption of the advanced technology by healthcare professionals and high demand for advanced medical instruments. European is second largest region in lithotripsy market where Western European countries accounts the largest share of this region. On the other hand, Asia-Pacific (APAC) is fastest growing market and expected to dominate the market by 2023. Middle East and Africa (ME&A) is likely to have a restricted growth in the market due to less awareness of devices and treatment. 

Key Players for Lithotripsy Market:  

• Boston Scientific (US)


• DIREX, S.L. (Spain)


• Dornier MedTech.(Germany)
  


• EDAP TMS (France)


• Elmed Electronics & Medical Industry & Trade Inc.(Turkey)


• Jena Med Tech GmbH (Germany)


• Medispec LTD (US)


• Olympus Corporation (Japan)


• Siemens Healthcare GmbH (Germany)


• STORZ MEDICAL AG (Switzerland)

The report for Lithotripsy Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions