Market Overview:
The global lithotripters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of kidney stones, technological advancements in lithotripters devices, and rising demand for minimally invasive procedures. Based on type, the global lithotripters market is segmented into hydroelectric shock wave lithotripters, electromagnetic shock wave lithotripters, and others. The hydroelectric shock wave lithotripters segment is expected to account for the largest share of the global market in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to its high efficiency and low complication rates as compared with other types of lithotripsy devices.
Product Definition:
Lithotripters are devices used to crush stones in the kidney, bladder, or urethra. They are important because they can help to remove stones without surgery.
Hydroelectric Shock Wave Lithotripters:
Hydroelectric shock wave lithotripters are devices that utilize water as a source of energy to perform the task at hand. The mechanism comprises of two parts, namely the generator and the receiver. The generator produces low-frequency electric current which is then transformed into high-frequency current by means of an electrical transformer. This process is done through a special device called as a dowser which helps in locating mineral deposits for obtaining optimum results from the generated electricity.
Electromagnetic Shock Wave Lithotripters:
Electromagnetic shock wave lithotripters are devices that utilize high-intensity ultrasound to break up and destroy the target cells. The ultrasonic energy is converted into short, high-powered waves called Shocks or Wavelets. These shocks then interact with the cell membranes and DNA of targeted cells to disrupt their normal functions. Electromagnetic shock wave lithotripters are used in various medical applications such as treatment of cancer, fibrosis, etc.
Application Insights:
Based on the application, the market is segmented into hospitals, specialty clinics and others. Hospitals were estimated to be the largest revenue generating segment in 2017. The increasing number of hospitals and rising healthcare costs are boosting demand for lithotripters in this sector. Lithotripters allow a reduction in turnaround time as well as facilitate easy patient handling owing to their lightweight design which aids efficient movement within a hospital setting.
Regional Analysis:
North America dominated the global market in 2017 owing to the increasing number of product launches and favorable government initiatives. For instance, in 2015, General Electric Healthcare launched Lithotripter M30 for use at hospitals. The lithotripters are equipped with a magnetic generator that generates low frequency waves that pass through tumor tissue more easily than surrounding tissue. This makes it an ideal tool for treating malignant tumors such as breast cancer or prostate cancer.
Asia Pacific is expected to be one of the fastest-growing regions over the forecast period due to rising healthcare expenditure and improving healthcare infrastructure in this region coupled with growing awareness about advanced treatment options among patients suffering from kidney stones or bladder stone formation resulting into high demand for lithotripsy devices used during kidney stone surgery procedures which will drive growth over the forecast period.
Growth Factors:
- Increasing incidence of kidney stones: The global incidence of kidney stones is increasing due to various factors such as changing lifestyles, dietary habits, and increasing aging population. This is expected to drive the demand for lithotripters in the coming years.
- Technological advancements: The lithotripters market is witnessing rapid technological advancements with the introduction of new and innovative products. This is expected to boost the growth of this market in the coming years.
- Growing demand for minimally invasive procedures: There is a growing demand for minimally invasive procedures across the globe due to their advantages over traditional surgical procedures such as shorter hospital stay, reduced pain, and faster recovery time. This is likely to fuel the growth of lithotripters market in future years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lithotripters Market Research Report
By Type
Hydroelectric Shock Wave Lithotripters, Electromagnetic Shock Wave Lithotripters, Others
By Application
Hospitals, Specialty Clinics
By Companies
Boston Scientific, Direx Group, Dornier MedTech, Siemens Healthcare, STORZ Medical, Olympus, Allengers Medical Systems, Aymed, CellSonic Medical, Convergent Laser Technologies, Boston Scientific, Elmed Electronics & Medical Industry & Trade, EMD Medical Technologies, GEMMS, Gyrus ACMI, Jena Med Tech, Medispec, NOVAmedtek, Shenzhen Huikang (Wikkon) Medical Apparatus, Shenzhen Hyde Medical Equipment
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
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Lithotripters Market Report Segments:
The global Lithotripters market is segmented on the basis of:
Types
Hydroelectric Shock Wave Lithotripters, Electromagnetic Shock Wave Lithotripters, Others
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
Hospitals, Specialty Clinics
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:
- Boston Scientific
- Direx Group
- Dornier MedTech
- Siemens Healthcare
- STORZ Medical
- Olympus
- Allengers Medical Systems
- Aymed
- CellSonic Medical
- Convergent Laser Technologies
- Boston Scientific
- Elmed Electronics & Medical Industry & Trade
- EMD Medical Technologies
- GEMMS
- Gyrus ACMI
- Jena Med Tech
- Medispec
- NOVAmedtek
- Shenzhen Huikang (Wikkon) Medical Apparatus
- Shenzhen Hyde Medical Equipment
Highlights of The Lithotripters 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:
- Hydroelectric Shock Wave Lithotripters
- Electromagnetic Shock Wave Lithotripters
- Others
- By Application:
- Hospitals
- Specialty Clinics
- 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 Lithotripters 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Lithotripters are medical devices that use a focused beam of light to break up and remove hard or brittle tissue.
Some of the major players in the lithotripters market are Boston Scientific, Direx Group, Dornier MedTech, Siemens Healthcare, STORZ Medical, Olympus, Allengers Medical Systems, Aymed, CellSonic Medical, Convergent Laser Technologies, Boston Scientific, Elmed Electronics & Medical Industry & Trade, EMD Medical Technologies, GEMMS, Gyrus ACMI, Jena Med Tech, Medispec, NOVAmedtek, Shenzhen Huikang (Wikkon) Medical Apparatus, Shenzhen Hyde Medical Equipment.
The lithotripters market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lithotripters Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Lithotripters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lithotripters Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Lithotripters Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Lithotripters Market Size & Forecast, 2018-2028
4.5.1 Lithotripters Market Size and Y-o-Y Growth
4.5.2 Lithotripters Market Absolute $ Opportunity
Chapter 5 Global Lithotripters Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Lithotripters Market Size Forecast by Type
5.2.1 Hydroelectric Shock Wave Lithotripters
5.2.2 Electromagnetic Shock Wave Lithotripters
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lithotripters Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Lithotripters Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Specialty Clinics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lithotripters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lithotripters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Lithotripters Analysis and Forecast
9.1 Introduction
9.2 North America Lithotripters Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Lithotripters Market Size Forecast by Type
9.6.1 Hydroelectric Shock Wave Lithotripters
9.6.2 Electromagnetic Shock Wave Lithotripters
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Lithotripters Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Specialty Clinics
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Lithotripters Analysis and Forecast
10.1 Introduction
10.2 Europe Lithotripters Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Lithotripters Market Size Forecast by Type
10.6.1 Hydroelectric Shock Wave Lithotripters
10.6.2 Electromagnetic Shock Wave Lithotripters
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Lithotripters Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Specialty Clinics
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Lithotripters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lithotripters Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Lithotripters Market Size Forecast by Type
11.6.1 Hydroelectric Shock Wave Lithotripters
11.6.2 Electromagnetic Shock Wave Lithotripters
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Lithotripters Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Specialty Clinics
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Lithotripters Analysis and Forecast
12.1 Introduction
12.2 Latin America Lithotripters Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Lithotripters Market Size Forecast by Type
12.6.1 Hydroelectric Shock Wave Lithotripters
12.6.2 Electromagnetic Shock Wave Lithotripters
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Lithotripters Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Specialty Clinics
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Lithotripters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lithotripters Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Lithotripters Market Size Forecast by Type
13.6.1 Hydroelectric Shock Wave Lithotripters
13.6.2 Electromagnetic Shock Wave Lithotripters
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Lithotripters Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Specialty Clinics
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lithotripters Market: Competitive Dashboard
14.2 Global Lithotripters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Boston Scientific
14.3.2 Direx Group
14.3.3 Dornier MedTech
14.3.4 Siemens Healthcare
14.3.5 STORZ Medical
14.3.6 Olympus
14.3.7 Allengers Medical Systems
14.3.8 Aymed
14.3.9 CellSonic Medical
14.3.10 Convergent Laser Technologies
14.3.11 Boston Scientific
14.3.12 Elmed Electronics & Medical Industry & Trade
14.3.13 EMD Medical Technologies
14.3.14 GEMMS
14.3.15 Gyrus ACMI
14.3.16 Jena Med Tech
14.3.17 Medispec
14.3.18 NOVAmedtek
14.3.19 Shenzhen Huikang (Wikkon) Medical Apparatus
14.3.20 Shenzhen Hyde Medical Equipment
