Global 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 2023
Lithotripsy is scientific procedure that smash kidney stones in small portions. It use shock wave to break kidney stones in order that it can travel via urinary song and get rid of from the body. Converting generation and innovation are most important driving forces for the global lithotripsy marketplace.
The Global Lithotripsy Market was around US$ 396.2 million in 2016 and is expected to reach US$ 524.9 million which is projected to grow at a CAGR of 4.1% by 2023.
Growing adoption of recent merchandise and growing demand for superior clinical gadgets are key elements for market boom. Main manufactures are increasing investment for brand new product development that main to innovation and growing competition on this market. Growing burden of kidney stone is important aspect for marketplace growth.
Major Players in Lithotripsy Market:
There are plenty of large and small market players which operate in this market: Boston Scientific (US), DIREX, S.L. (Spain), Dornier ManTech (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), and others.
Global Lithotripsy Market has been segmented on the basis of type, Extracorporeal shock wave lithotripsy (ESWL), Intracorporeal (endoscopic lithotripsy), Percutaneous lithotripsy, and others.
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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.
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions & Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Market dynamics
3.4 Macroeconomic Indicators
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4 Market factor analysis
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