Market Overview:
The Global Shockwave Therapeutic Apparatus Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, and technological advancements in shockwave therapy devices. By type, the hydraulic electronic type segment is expected to hold the largest share of the global shockwave therapeutic apparatus market in 2018. This can be attributed to its high efficiency and low cost as compared to other types of shockwave therapy devices.
Product Definition:
Shockwave Therapeutic Apparatus is an apparatus that uses shockwaves to treat medical conditions. The importance of Shockwave Therapeutic Apparatus is that it can be used to treat a wide range of medical conditions.
Hydra Electronic Type:
Hydra Electronic Type is a new technology that combines both electronic and hydraulic systems into one. The main objective of this technology is to reduce the overall weight of the device while increasing its efficiency. This results in less power consumption, improved patient mobility & comfort level, and increased operational life of the device.
Barometric Ballistic Type:
The barometric ballistic type is a method of using the earth's atmosphere as a weapon. This system uses air pressure to propel projectiles by explosive charges placed in appropriate containers. The system was developed during World War II and used in anti-aircraft warfare, however it fell into disuse shortly after the war due to its poor accuracy at long ranges and low velocity.
Application Insights:
On the basis of application, the global shockwave therapeutic apparatus market is segmented into medical institutions, physical therapy and others. The medical institutions segment dominated the overall market in terms of revenue share in 2017. This high share is attributable to factors such as increasing number of trauma cases due to road accidents and wars across the globe. Moreover, this segment is expected to maintain its dominance over the forecast period owing to factors such as growing awareness about advanced treatment options for musculoskeletal disorders among patients suffering from chronic pain or trauma cases resulting in limb deficiency or impairment at a domestic level globally.
The physical therapy segment held a significant share owing to rising demand for shockwave therapies on account of growing acceptance among healthcare professionals regarding its benefits over other conventional treatments for musculoskeletal injuries including soft tissue injuries and strains along with orthopedic conditions like arthritis at an outpatient level globally.
Regional Analysis:
North America dominated the global shockwave therapeutic apparatus market in 2016. The growth is attributed to the presence of well-established healthcare facilities, favorable reimbursement policies, and increasing R&D activities by various companies. In addition, high adoption rate of advanced technologies and growing demand for cost-effective treatment options are expected to drive regional market growth during the forecast period.
Asia Pacific is anticipated to witness lucrative CAGR over the forecast period owing to factors such as improving healthcare infrastructure with a rise in government initiatives and economic development that has led to an increase in disposable income which can be used for purchasing expensive medical treatments or shockwave therapy devices. Moreover, rising incidence of target diseases coupled with growing awareness about available treatment options will support regional market growth during the estimated time span from 2017 To 2030 (estimated CAGR).
Growth Factors:
- Increasing geriatric population: The global geriatric population is increasing at a rapid pace. This is expected to drive the demand for Shockwave Therapeutic Apparatus market as they are used to treat various age-related conditions.
- Rising prevalence of chronic diseases: The prevalence of chronic diseases such as arthritis, diabetes, and cardiovascular disorders is rising rapidly across the globe. This is expected to boost the demand for Shockwave Therapeutic Apparatus market as they are used to treat these conditions effectively.
- Technological advancements: The technological advancements in Shockwave Therapeutic Apparatus market are helping manufacturers introduce new and innovative products in the market that are more effective and easier to use than traditional devices. This is likely to boost the growth of this market in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Shockwave Therapeutic Apparatus Market Research Report
By Type
Hydra Electronic Type, Barometric Ballistic Type, Electromagnetic Type, Other
By Application
Medical Institutions, Physical Therapy, Other
By Companies
Boston Scientific Corporation, Dornier MedTech GmbH, STORZ, Chattanooga, BTL corporate, Zimmer MedizinSysteme, Electro Medical Systems, Gymna, Urontech, Wikkon
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Shockwave Therapeutic Apparatus Market Report Segments:
The global Shockwave Therapeutic Apparatus market is segmented on the basis of:
Types
Hydra Electronic Type, Barometric Ballistic Type, Electromagnetic Type, Other
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, Other
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 Corporation
- Dornier MedTech GmbH
- STORZ
- Chattanooga
- BTL corporate
- Zimmer MedizinSysteme
- Electro Medical Systems
- Gymna
- Urontech
- Wikkon
Highlights of The Shockwave Therapeutic Apparatus 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:
- Hydra Electronic Type
- Barometric Ballistic Type
- Electromagnetic Type
- Other
- By Application:
- Medical Institutions
- Physical Therapy
- Other
- 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 Shockwave Therapeutic Apparatus 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:
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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?
Shockwave therapeutic apparatus is a medical device that uses high-intensity sound waves to treat various medical conditions. The device emits short, intense bursts of sound that can cause pain relief and other physical effects in the body.
Some of the key players operating in the shockwave therapeutic apparatus market are Boston Scientific Corporation, Dornier MedTech GmbH, STORZ, Chattanooga, BTL corporate, Zimmer MedizinSysteme, Electro Medical Systems, Gymna, Urontech, Wikkon.
The shockwave therapeutic apparatus 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 Shockwave Therapeutic Apparatus 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 Shockwave Therapeutic Apparatus Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Shockwave Therapeutic Apparatus 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 Shockwave Therapeutic Apparatus 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 Shockwave Therapeutic Apparatus Market Size & Forecast, 2020-2028
4.5.1 Shockwave Therapeutic Apparatus Market Size and Y-o-Y Growth
4.5.2 Shockwave Therapeutic Apparatus Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Hydra Electronic Type
5.2.2 Barometric Ballistic Type
5.2.3 Electromagnetic Type
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Medical Institutions
6.2.2 Physical Therapy
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Shockwave Therapeutic Apparatus 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 Shockwave Therapeutic Apparatus 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Hydra Electronic Type
9.6.2 Barometric Ballistic Type
9.6.3 Electromagnetic Type
9.6.4 Other
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 Market Size Forecast by Applications
9.10.1 Medical Institutions
9.10.2 Physical Therapy
9.10.3 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Hydra Electronic Type
10.6.2 Barometric Ballistic Type
10.6.3 Electromagnetic Type
10.6.4 Other
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 Market Size Forecast by Applications
10.10.1 Medical Institutions
10.10.2 Physical Therapy
10.10.3 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Hydra Electronic Type
11.6.2 Barometric Ballistic Type
11.6.3 Electromagnetic Type
11.6.4 Other
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 Market Size Forecast by Applications
11.10.1 Medical Institutions
11.10.2 Physical Therapy
11.10.3 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Hydra Electronic Type
12.6.2 Barometric Ballistic Type
12.6.3 Electromagnetic Type
12.6.4 Other
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 Market Size Forecast by Applications
12.10.1 Medical Institutions
12.10.2 Physical Therapy
12.10.3 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Hydra Electronic Type
13.6.2 Barometric Ballistic Type
13.6.3 Electromagnetic Type
13.6.4 Other
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) Market Size Forecast by Applications
13.10.1 Medical Institutions
13.10.2 Physical Therapy
13.10.3 Other
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 Shockwave Therapeutic Apparatus Market: Competitive Dashboard
14.2 Global Shockwave Therapeutic Apparatus Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Boston Scientific Corporation
14.3.2 Dornier MedTech GmbH
14.3.3 STORZ
14.3.4 Chattanooga
14.3.5 BTL corporate
14.3.6 Zimmer MedizinSysteme
14.3.7 Electro Medical Systems
14.3.8 Gymna
14.3.9 Urontech
14.3.10 Wikkon
