Market Overview:
The global mechanical lithotripsy systems 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, rising geriatric population, and technological advancements in lithotripsy devices. Based on type, the global mechanical lithotripsy systems market is segmented into single-use and reusable devices. The reusable devices segment is expected to account for a larger share of the market than the single-use devices segment during the forecast period. This can be attributed to their lower cost and longer life span as compared with single-use devices. Based on application, the global mechanical lithotripsy systems market is divided into hospitals, ambulatory surgical centers (ASCs), and dialysis clinics. The hospitals segment is expected to account for a larger share of the market than ASCs and dialysis clinics segments duringthe forecast period owingto higher adoption rates for thesedevicesin hospital settings .
Product Definition:
Mechanical Lithotripsy Systems are devices that use mechanical force to break up stones in the kidney, bladder, or ureter. They are often used when traditional lithotripsy (using sound waves) is not successful. Mechanical lithotripsy systems can be inserted through a scope into the urinary tract, or they can be placed outside the body and used to break up stones remotely.
Single Use:
Single-use or single-dose devices are medical instruments, which have been used for a specific purpose and then get disposed of after that. These devices are not reusable in other procedures. Single use products refer to the tools or equipment that come in a sealed package and can be used once and then get thrown away after serving its purpose.
Reusable:
Reusable devices are instruments that are used more than once and can be reprocessed. The most common type of reusable equipment is the mechanical lithotripsy system which includes vacuum-based systems, water-based systems, air-based systems and laser based systems. These devices have a longer shelf life as compared to disposable devices owing to their low maintenance properties.
Application Insights:
Based on the application, the market is segmented into hospitals, ambulatory surgical centers, dialysis clinics and others. Hospitals held the largest share in 2017 owing to increasing prevalence of chronic diseases such as heart disease, cancer and diabetes which require regular check-ups and surgeries. This is anticipated to increase demand for mechanical lithotripsy systems in hospitals over the forecast period.
Ambulatory surgical centers are expected to be fastest growing segment with a CAGR of XX% from 2018 to 2030 due largely to an increase in number of patients suffering from acute kidney failure or AKF who require hemodialysis treatment every day. In addition, these facilities offer convenient access for patients suffering from acute injuries or trauma requiring immediate medical attention along with effective management of chronic conditions that often requires scheduled treatments at outpatient facilities including dialysis clinics.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing incidence of kidney stones and growing number of patients undergoing lithotripsy procedures in the region. In addition, high adoption rate for technologically advanced products is also expected to drive demand over the forecast period.
Asia Pacific is expected to witness lucrative growth during the forecast period owing to rising healthcare expenditure by governments and private organizations, improving healthcare infrastructure, and increasing patient awareness about available treatment options. Moreover, rising prevalence of hypertension will drive demand further as it increases risk of developing kidney stones over time.
Growth Factors:
- Increasing incidence of kidney stones: The global prevalence of kidney stones is estimated to be around 10%. This number is expected to grow as the population ages. Mechanical lithotripsy systems are an effective treatment for kidney stones and this will drive market growth.
- Technological advancements: The mechanical lithotripsy systems market is constantly evolving with new technological advancements being made regularly. This will keep patients interested in these devices and spur market growth.
- Growing demand for minimally invasive procedures: Minimally invasive procedures are becoming increasingly popular due to their shorter recovery times and lower risks compared to traditional surgery methods. Mechanical lithotripsy systems are a minimally invasive treatment option, making them attractive to patients and driving market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mechanical Lithotripsy Systems Market Research Report
By Type
Single Use, Reusable
By Application
Hospitals, Ambulatory Surgical Centers, Dialysis Clinics
By Companies
Boston Scientific, Cook Medical, Olympus, Medi-Globe, Advance Medi-Surg
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
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Mechanical Lithotripsy Systems Market Report Segments:
The global Mechanical Lithotripsy Systems market is segmented on the basis of:
Types
Single Use, Reusable
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, Ambulatory Surgical Centers, Dialysis 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
- Cook Medical
- Olympus
- Medi-Globe
- Advance Medi-Surg
Highlights of The Mechanical Lithotripsy Systems 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:
- Single Use
- Reusable
- By Application:
- Hospitals
- Ambulatory Surgical Centers
- Dialysis 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 Mechanical Lithotripsy Systems 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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- 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?
Mechanical lithotripsy systems are medical devices that use a rotating drum to break up stones in the kidney.
Some of the key players operating in the mechanical lithotripsy systems market are Boston Scientific, Cook Medical, Olympus, Medi-Globe, Advance Medi-Surg.
The mechanical lithotripsy systems market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mechanical Lithotripsy Systems 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 Mechanical Lithotripsy Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mechanical Lithotripsy Systems 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 Mechanical Lithotripsy Systems 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 Mechanical Lithotripsy Systems Market Size & Forecast, 2018-2028
4.5.1 Mechanical Lithotripsy Systems Market Size and Y-o-Y Growth
4.5.2 Mechanical Lithotripsy Systems Market Absolute $ Opportunity
Chapter 5 Global Mechanical Lithotripsy Systems 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 Mechanical Lithotripsy Systems Market Size Forecast by Type
5.2.1 Single Use
5.2.2 Reusable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mechanical Lithotripsy Systems 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 Mechanical Lithotripsy Systems Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Ambulatory Surgical Centers
6.2.3 Dialysis Clinics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mechanical Lithotripsy Systems 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 Mechanical Lithotripsy Systems 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 Mechanical Lithotripsy Systems Analysis and Forecast
9.1 Introduction
9.2 North America Mechanical Lithotripsy Systems 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 Mechanical Lithotripsy Systems Market Size Forecast by Type
9.6.1 Single Use
9.6.2 Reusable
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 Mechanical Lithotripsy Systems Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Ambulatory Surgical Centers
9.10.3 Dialysis 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 Mechanical Lithotripsy Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Mechanical Lithotripsy Systems 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 Mechanical Lithotripsy Systems Market Size Forecast by Type
10.6.1 Single Use
10.6.2 Reusable
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 Mechanical Lithotripsy Systems Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Ambulatory Surgical Centers
10.10.3 Dialysis 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 Mechanical Lithotripsy Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mechanical Lithotripsy Systems 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 Mechanical Lithotripsy Systems Market Size Forecast by Type
11.6.1 Single Use
11.6.2 Reusable
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 Mechanical Lithotripsy Systems Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Ambulatory Surgical Centers
11.10.3 Dialysis 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 Mechanical Lithotripsy Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Mechanical Lithotripsy Systems 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 Mechanical Lithotripsy Systems Market Size Forecast by Type
12.6.1 Single Use
12.6.2 Reusable
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 Mechanical Lithotripsy Systems Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Ambulatory Surgical Centers
12.10.3 Dialysis 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) Mechanical Lithotripsy Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mechanical Lithotripsy Systems 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) Mechanical Lithotripsy Systems Market Size Forecast by Type
13.6.1 Single Use
13.6.2 Reusable
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) Mechanical Lithotripsy Systems Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Ambulatory Surgical Centers
13.10.3 Dialysis 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 Mechanical Lithotripsy Systems Market: Competitive Dashboard
14.2 Global Mechanical Lithotripsy Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Boston Scientific
14.3.2 Cook Medical
14.3.3 Olympus
14.3.4 Medi-Globe
14.3.5 Advance Medi-Surg
