Market Overview:
The global extracorporeal shock wave therapy (ESWT) device market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of chronic diseases, rising geriatric population, and technological advancements in ESWT devices. Based on type, the global ESWT device market is segmented into table-top/portable ESWT devices and hand-push type ESWT devices. The table-top/portable ESWT devices segment is expected to grow at a higher CAGR during the forecast period as these devices are easy to use and provide better patient comfort. Based on application, the global ESWT device market is segmented into medical institutions, physical therapy and sports centers. The medical institutions segment accounted for the largest share of the global ESWT device market in 2017 owing to increasing demand for minimally invasive treatments for various chronic diseases such as renal stones, Achilles tendonitis, plantar fasciitis etc.
Product Definition:
An extracorporeal shock wave therapy device is a medical device that uses shock waves to treat various medical conditions. The importance of an extracorporeal shock wave therapy device is that it can provide an effective treatment for many medical conditions.
Table-top/Portable ESWT Device:
A table-top/portable ESWT device is a medical device used for the treatment of chronic pain. It’s major applications are in the treatment of osteoarthritis, rheumatoid arthritis and sports injuries.
Hand-push Type ESWT Device:
Hand-push type ESWT device is used for the treatment of Dupuytren's disease, palmoplantar keratosis, and onychomycosis. It works by creating a mechanical waveform which is applied to the affected area. The hand-operated device consists of an acrylic handle with two electrodes placed at its ends.
Application Insights:
On the basis of application, the global extra corporeal shock wave therapy device market is segmented into medical institutions, physical therapy and sports centers, and others. The medical institutions segment dominated the overall market in terms of revenue in 2017. This can be attributed to a high prevalence of diseases requiring surgical treatment with ESWT as well as for non- indications associated with chronic pain. Moreover, an increase in healthcare spending along with a rise in geriatric population prone to orthopedic disorders will boost demand over the forecast period.
The physical therapy and sports center segment is expected to grow at lucrative CAGR during the forecast period owing to rising number of trauma cases globally that require extensive rehabilitation services after surgery or trauma injuries sustained by patients during sporting activities or other accidents requiring extensive physiotherapy post-surgery for better recovery process leading to increased adoption rate among hospitals & clinics across various regions including North America.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high disposable income, and favorable reimbursement policies. The increasing prevalence of osteoporosis in this region is anticipated to boost its growth further. According to Osteoporosis Canada, 1 in 2 women and 1 in 5 men above the age of 50 years will break a bone due to osteoporosis every year. As per National Center for Health Statistics (NCHS), over 7 million women between 45 and 54 years old suffered from non-fatal fractures due to low back pain alone in 2014.
Growth Factors:
- Increasing incidence of chronic diseases such as obesity, diabetes, and heart disease is expected to drive the demand for extracorporeal shock wave therapy devices over the forecast period.
- Rising geriatric population is also a major factor that is anticipated to fuel the growth of this market in the near future.
- Growing popularity of minimally invasive procedures owing to their lesser side effects as compared to traditional treatments is another key factor that will propel the demand for extracorporeal shock wave therapy devices in coming years.
- Technological advancements in these devices and increasing R&D investments by manufacturers are likely to create new opportunities for this market in forthcoming years. 5) rising healthcare expenditure across the globe will also contribute significantly towards market growth during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Extracorporeal Shock Wave Therapy Device Market Research Report
By Type
Table-top/Portable ESWT Device, Hand-push Type ESWT Device
By Application
Medical Institutions, Physical Therapy and Sports Center
By Companies
Chattanooga(DJO)(US), BTL(UK), Storz Medical(Switzerland), EMS Electro Medical Systems(Switzerland), MTS Medical(Germany), Zimmer MedizinSysteme(Germany), Gymna(Belgium), Likamed GmbH(Germany), Inceler Medikal(Turkey), HANIL-TM(Korea), HnT Medical(Korea), Urontech(Korea), Wikkon(China), Longest(China), Xiangyu Medical(China), Shengchang Medical(China)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Extracorporeal Shock Wave Therapy Device Market Report Segments:
The global Extracorporeal Shock Wave Therapy Device market is segmented on the basis of:
Types
Table-top/Portable ESWT Device, Hand-push Type ESWT Device
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical Institutions, Physical Therapy and Sports Center
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Chattanooga(DJO)(US)
- BTL(UK)
- Storz Medical(Switzerland)
- EMS Electro Medical Systems(Switzerland)
- MTS Medical(Germany)
- Zimmer MedizinSysteme(Germany)
- Gymna(Belgium)
- Likamed GmbH(Germany)
- Inceler Medikal(Turkey)
- HANIL-TM(Korea)
- HnT Medical(Korea)
- Urontech(Korea)
- Wikkon(China)
- Longest(China)
- Xiangyu Medical(China)
- Shengchang Medical(China)
Highlights of The Extracorporeal Shock Wave Therapy Device Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Table-top/Portable ESWT Device
- Hand-push Type ESWT Device
- By Application:
- Medical Institutions
- Physical Therapy and Sports Center
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Extracorporeal Shock Wave Therapy Device Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Extracorporeal Shock Wave Therapy Device (ESWT) is a medical device that uses high-energy sound waves to treat various medical conditions. ESWT is used to treat pain, inflammation, and other conditions by breaking down the tissue that is causing the problem.
Some of the major players in the extracorporeal shock wave therapy device market are Chattanooga(DJO)(US), BTL(UK), Storz Medical(Switzerland), EMS Electro Medical Systems(Switzerland), MTS Medical(Germany), Zimmer MedizinSysteme(Germany), Gymna(Belgium), Likamed GmbH(Germany), Inceler Medikal(Turkey), HANIL-TM(Korea), HnT Medical(Korea), Urontech(Korea), Wikkon(China), Longest(China), Xiangyu Medical(China), Shengchang Medical(China).
The extracorporeal shock wave therapy device market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Extracorporeal Shock Wave Therapy Device Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Extracorporeal Shock Wave Therapy Device Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Extracorporeal Shock Wave Therapy Device Market - Supply Chain
4.5. Global Extracorporeal Shock Wave Therapy Device Market Forecast
4.5.1. Extracorporeal Shock Wave Therapy Device Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Extracorporeal Shock Wave Therapy Device Market Size (000 Units) and Y-o-Y Growth
4.5.3. Extracorporeal Shock Wave Therapy Device Market Absolute $ Opportunity
5. Global Extracorporeal Shock Wave Therapy Device Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Extracorporeal Shock Wave Therapy Device Market Size and Volume Forecast by Type
5.3.1. Table-top/Portable ESWT Device
5.3.2. Hand-push Type ESWT Device
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Extracorporeal Shock Wave Therapy Device Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Extracorporeal Shock Wave Therapy Device Market Size and Volume Forecast by Application
6.3.1. Medical Institutions
6.3.2. Physical Therapy and Sports Center
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Extracorporeal Shock Wave Therapy Device Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Extracorporeal Shock Wave Therapy Device Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Extracorporeal Shock Wave Therapy Device Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Extracorporeal Shock Wave Therapy Device Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Extracorporeal Shock Wave Therapy Device Demand Share Forecast, 2019-2026
9. North America Extracorporeal Shock Wave Therapy Device Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Extracorporeal Shock Wave Therapy Device Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Extracorporeal Shock Wave Therapy Device Market Size and Volume Forecast by Application
9.4.1. Medical Institutions
9.4.2. Physical Therapy and Sports Center
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Extracorporeal Shock Wave Therapy Device Market Size and Volume Forecast by Type
9.7.1. Table-top/Portable ESWT Device
9.7.2. Hand-push Type ESWT Device
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Extracorporeal Shock Wave Therapy Device Demand Share Forecast, 2019-2026
10. Latin America Extracorporeal Shock Wave Therapy Device Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Extracorporeal Shock Wave Therapy Device Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Extracorporeal Shock Wave Therapy Device Market Size and Volume Forecast by Application
10.4.1. Medical Institutions
10.4.2. Physical Therapy and Sports Center
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Extracorporeal Shock Wave Therapy Device Market Size and Volume Forecast by Type
10.7.1. Table-top/Portable ESWT Device
10.7.2. Hand-push Type ESWT Device
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Extracorporeal Shock Wave Therapy Device Demand Share Forecast, 2019-2026
11. Europe Extracorporeal Shock Wave Therapy Device Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Extracorporeal Shock Wave Therapy Device Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Extracorporeal Shock Wave Therapy Device Market Size and Volume Forecast by Application
11.4.1. Medical Institutions
11.4.2. Physical Therapy and Sports Center
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Extracorporeal Shock Wave Therapy Device Market Size and Volume Forecast by Type
11.7.1. Table-top/Portable ESWT Device
11.7.2. Hand-pus Type ESWT Device
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Extracorporeal Shock Wave Therapy Device Demand Share, 2019-2026
12. Asia Pacific Extracorporeal Shock Wave Therapy Device Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Extracorporeal Shock Wave Therapy Device Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Extracorporeal Shock Wave Therapy Device Market Size and Volume Forecast by Application
12.4.1. Medical Institutions
12.4.2. Physical Therapy and Sports Center
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Extracorporeal Shock Wave Therapy Device Market Size and Volume Forecast by Type
12.7.1. Table-top/Portable ESWT Device
12.7.2. Hand-push Type ESWT Device
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Extracorporeal Shock Wave Therapy Device Demand Share, 2019-2026
13. Middle East & Africa Extracorporeal Shock Wave Therapy Device Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Extracorporeal Shock Wave Therapy Device Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Extracorporeal Shock Wave Therapy Device Market Size and Volume Forecast by Application
13.4.1. Medical Institutions
13.4.2. Physical Therapy and Sports Center
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Extracorporeal Shock Wave Therapy Device Market Size and Volume Forecast by Type
13.7.1. Table-top/Portable ESWT Device
13.7.2. Hand-push Type ESWT Device
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Extracorporeal Shock Wave Therapy Device Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Extracorporeal Shock Wave Therapy Device Market: Market Share Analysis
14.2. Extracorporeal Shock Wave Therapy Device Distributors and Customers
14.3. Extracorporeal Shock Wave Therapy Device Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Chattanooga(DJO)(US)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BTL(UK)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Storz Medical(Switzerland)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. EMS Electro Medical Systems(Switzerland)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MTS Medical(Germany)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Zimmer MedizinSysteme(Germany)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Gymna(Belgium)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Likamed GmbH(Germany)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Inceler Medikal(Turkey)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. HANIL-TM(Korea)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. HnT Medical(Korea)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Urontech(Korea)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Wikkon(China)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Longest(China)
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Xiangyu Medical(China)
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Shengchang Medical(China)
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
