Lithotripsy Devices Market Overview
Lithotripsy is a procedure that helps to break the process of urolithiasis. Urolithiasis is the process of forming stones in the kidney, bladder, and/or urethra. Kidney stones are a common cause of blood in the urine and pain in the abdomen, flank, or groin. Kidney stones occur in 1 in 20 people at some time in their life.
Lithotripsy is a procedure that uses shock wave to break up stones in the kidney, bladder, or ureter. After the procedure, the tiny pieces of stones pass out of rom the body by the help of urine.
Many parts of the world are now suffering from the stones disease which poses a major health hazard affecting 20% of the general population worldwide. In the U.S alone, up to 12% of men and 6% of women will develop urolithiasis at some point of life. In Thailand, the highest prevalence rate of 16.9% was reported in the Northeast provinces, while in Middle Eastern countries, the lifetime prevalence of kidney stone is even high.
Lithotripsy Devices Market: Drivers and Restraints
Presently, lithotripsy devices global market is driven by the aging population, technological advancement, increasing incidence of urolithiasis.
Lithotripsy devices market is driven by geriatric population, technological advancement, increasing incidence of urolithiasis, and growing number of extracorporeal shock wave lithotripsy procedures being performed. However, adverse effect of lithotripsy shock waves which can often result in hypertension, diabetes, and in some cases permanent loss of functional renal volume act as major barrier for this market.
Lithotripsy Devices Market: Overview
With the rapid technological advancement and increasing incidence of urolithiasis, the lithotripsy devices global market is expected to have healthy growth rate in the forecast period (2012-2025).
Lithotripsy Devices Market: Region-wise Outlook
Depending on geographic region, global orthopedic power tools market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa.
The European region is estimated as the largest regional market in the world, whereas, Asia-Pacific market is estimated to be the fastest growing market during the forecast period. The growth of Asia-Pacific is likely to be supported by strong adoption potential for advanced technologies, due to rapidly growing awareness about technology and medical infrastructure, in this region.
Lithotripsy Devices Market: Key players
Some of the key participating global players in this market are as Siemens AG, Medispec Inc., Olympus corp., Boston Scientific Corp., Direx Group and others.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, Australia & New Zealand)
- Middle East and Africa (S. Africa, N. Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Lithotripsy Devices Market: Segmentation
Lithotripsy devices global market is segmented into following types:
- Extracorporeal Shock Wave Lithotripsy System
- Intracorporeal Lithotripsy System
- Laser Lithotripsy
- Electrohydraulic Lithotripsy
- Mechanical Lithotripsy
- Ultrasonic Lithotripsy
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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