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Lithotripsy Devices Market – Increase in Geriatric Population and Incidence Rate of Urolithiasis Expected to Boost the Growth of the Market

December 10th, 2021 Coherent Market Insights Releases

Lithotripsy is a treatment in which an ultrasonic shock wave is used to break up stones in the kidney and other organs such as the urethra, gallbladder, and liver. Kidney stones form when substances such as urine crystallize in the kidney, creating stones or a solid mass that prevents urine from passing through the body. As a result, the creation of these stones can result in bleeding, intense pain in the urinary system, infection, and kidney damage. Kidney stones are one of the most prevalent causes of blood in the urine and bladder pain.

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Several types of lithotripsy treatment such as intracorporeal (endoscopic lithotripsy), mechanical lithotripsy, electrohydraulic lithotripsy, ultrasonic lithotripsy, extracorporeal shock wave lithotripsy (ESWL), and laser lithotripsy, are used worldwide.

Major players in the global lithotripsy device market are Direx Group, Karl Storz GmBH, Siemens Ltd., C.R. Bard, Inc., Boston Scientific Corporation, Dornier, COOK., Medispec LTD, MedTech, Olympus Corporation, and LUMENIS.

Extracorporeal shock wave lithotripsy (ESWL) is a type of lithotripsy in which shock wave therapy is performed outside of the body. Throughout ESWL, a lithotripter emits high-energy shock waves, such as ultrasound, sound waves, or x-rays, which flow through the body unless they do not impact the kidney stones. ESWL is a non-invasive process, which means no open surgery is required. In general, this operation is safe, quick, and takes around 45 minutes to complete. Laser lithotripsy is also used to remove stones from the bladder, kidney, and ureter; however, this is a surgical operation that takes time to complete.

The elderly population, technological development, an increase in the prevalence rate of urolithiasis illness cases, and growth in the number of extracorporeal shock wave lithotripsy treatments are driving the global lithotripsy devices market growth over the forecast period.

According to the National Kidney Foundation, Inc., around 0.5 million new individuals globally suffer from kidney stone complications each year, and around one out of every ten people globally suffer from kidney stone problems. Moreover, one out of every seven people in the U.S. suffers from chronic kidney disease each year.

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North America is expected to account for the largest share in the global lithotripsy devices market, trailed by Europe. Moreover, Asia Pacific’s significantly rising elderly population is expected to position it as a rapidly growing lithotripsy devices market.

According to data from the Ministry of Statistics and Program Implementation, around 103 million individuals in India were of age 60 years and above in 2016. Furthermore, according to figures published by the Organization for Economic Cooperation and Development (OECD), the elderly population in the U.K. and the U.S. in 2014 constituted around 17.26 % and 14.50 % of the total population, respectively. The figure is expected to rise rapidly in the coming years.

According to the National Institutes of Health (NIH), over 617 million individuals, or 8.5 % of the global population, were of age 65 years and above in 2017. This figure is expected to rise to 17 % by 2050, implying that around 1.6 billion people would be of age 65 years and above.

The increased incidence of urolithiasis and the increase in the number of extracorporeal shock wave lithotripsy treatments are expected to drive the global lithotripsy device market growth over the forecast period. According to the National Center for Biotechnology Information (NCBI), the prevalence of urolithiasis in Germany in 2016 was 1 to 2%. This percentage is expected to rise in the next years as the number of obese people rises, and it is sustained by the high dietary consumption of animal protein.

Lithotripsy device market by taxonomy

Lithotripsy Device Market by Device Type:

  • Laser Lithotripsy
  • Electrohydraulic Lithotripsy
  • Ultrasonic Lithotripsy
  • Mechanical Lithotripsy
  • Extracorporeal Shock Wave Lithotripsy System

Lithotripsy Device Market by End User:

  • Hospitals
  • Clinics

Lithotripsy Device Market by Geography:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

𝐂𝐡𝐫𝐢𝐬𝐭𝐦𝐚𝐬 𝐒𝐚𝐥𝐞 𝐈𝐬 𝐋𝐢𝐯𝐞!

𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐨 𝐀𝐯𝐚𝐢𝐥 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐅𝐫𝐨𝐦 𝟐𝟓-𝟑𝟎% 𝐭𝐢𝐥𝐥 𝟑𝟏-𝐃𝐞𝐜-𝟐𝟎𝟐𝟏

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Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Lithotripsy Devices Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Lithotripsy Devices Industry Impact

Chapter 2 Global Lithotripsy Devices Competition by Types, Applications, and Top Regions and Countries
2.1 Global Lithotripsy Devices (Volume and Value) by Type
2.3 Global Lithotripsy Devices (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Global Lithotripsy Devices Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Lithotripsy Devices Market Analysis
Chapter 6 East Asia Lithotripsy Devices Market Analysis
Chapter 7 Europe Lithotripsy Devices Market Analysis
Chapter 8 South Asia Lithotripsy Devices Market Analysis
Chapter 9 Southeast Asia Lithotripsy Devices Market Analysis
Chapter 10 Middle East Lithotripsy Devices Market Analysis
Chapter 11 Africa Lithotripsy Devices Market Analysis
Chapter 12 Oceania Lithotripsy Devices Market Analysis
Chapter 13 South America Lithotripsy Devices Market Analysis
Chapter 14 Company Profiles and Key Figures in Lithotripsy Devices Business
Chapter 15 Global Lithotripsy Devices Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology
Continued….

About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

Contact:

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Email: sales@coherentmarketinsights.com
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