The report is also comprehensive study on market definition, classifications, applications, engagements, and global industry trends. The top players are the one who are mainly responsible for all fluctuation in sales, import, export, revenue and CAGR values.  The report contains all the company profiles of the key players and the their moves in terms of research while also focusing on all the CAGR figures in the forecast period of 2018-2025. Some of the major players operating in the market are Karl Storz Gmbh, LUMENIS., COOK, Dornier, Medtech, Siemens AG, Storz Medical AG, Direx Group,

The Global Lithotripsy Devices Market is expected to reach USD 2.12 billion by 2025, from USD 1.41 billion growing at a CAGR of 5.2% during the forecast period of 2018 to 2025.

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Lithotripsy is a technique of breaking the process of urolithiasis. Urolithiasis is the process stones formation in the kidney, bladder, and/or urethra. It can be mostly observed that the kidney stones cause blood in the urine and discomfort in the abdomen and flank, or in the groin that is the area between the abdomen and the upper thigh on either side of the body. The people suffer from kidney stones that occur in 1 in 20 people at some point of time. Lithotripsy procedure also uses shock wave to break up stones in the internal organ like kidney, bladder, or ureter. Subsequently in this procedure, the tiny pieces of stones pass out of the body with the help of urine.

The stones are split by focused pressure pulses, which can be delivered in the two modes that are, synchronized mode which is triggered by the patient’s R-waves, as detected by an external ECG. The other mode is non-synchronized mode that is delivered at a specified rate for example 96 pulses per minute. Like the various other electronic devices, lithotripsy equipment produces electromagnetic waves, these waves can vary in amplitude and frequency. Electromagnetic interference (EMI) may occur when electromagnetic waves from one electronic device disrupt the functioning of another electronic device. The effects of the interference are typically temporary for an electronic device that interferes with the operation of an implanted pacemaker or defibrillator. Due to the effect lithotripsy also is responsible to produces mechanical and electromagnetic forces that can hypothetically affect pacemaker and defibrillator function. The mechanical forces that are generated by lithotripsy dissipate from the focal point of application of the shock waves and it could permanently damage an implanted pacemaker or defibrillator if the device is located at the focal point of the lithotripsy beam.

According to an article posted by the Elsevier B.V., considering the time trends in stone frequency of 5945 incident patients 63.0% men were assessed by Poisson regression analysis. The majority of patients i.e. 90.5% were suffering from symptomatic stone disease. The total occurrence of kidney stones had increased from 108 per 100,000 in the first 5-year interval of the study to 138 per 100,000 in the last interval. Many people in the world are troubled from the problem of stone disease which poses a major health hazard affecting 20.0% of the general population worldwide. In the U.S alone, up to 12.0% of men and 6.0% of women develop urolithiasis at some point of time. In Thailand also, 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 competition by top manufacturers/ Key players

Some of the major players operating in the market are Richard Wolf, Direxgroup, Medispec LTD , C. R. Bard, Inc., Novamedtek,  Boston Scientific Corporation, Olympus, Medispec and Walz Elektronik among others.

Reasons to Purchase this Report: Global Lithotripsy Devices Market

  • Current and future of global lithotripsy devices market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
  • Regions/countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Market Segmentation:

Global Lithotripsy Devices Market, By Type (Intracorporeal Lithotripsy {Mechanical Lithotripsy, Electrohydraulic Lithotripsy (EHL), Laser Lithotripsy, Ultrasonic Lithotripsy}, Extracorporeal Shock Wave Lithotripsy (ESWL), By Application (Kidney Stone, Ureteral Stones, Pancreatic Stones, Bile Duct Stone), By End User, By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025

Major Market Drivers and Restraints: Global Lithotripsy Devices Market

  • Increasing incidence of urolithiasis
  • Technological advancements
  • Unfavorable healthcare reforms in the US
  • Adverse effects associated with lithotripsy and the availability of alternative treatments for stone removal

Customization of the Report: Global Lithotripsy Devices Market

  • The report includes the complete segmentation displayed above across all above mentioned countries
  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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Points to focus in the report: Global Lithotripsy Devices Market

  • What was the market size in 2019?
  • What are the moves of key players?
  • Which region is leading the market at global level?
  • A comprehensive/competitive analysis of the market?
  • Strategies of key players and product offerings