Market Overview:
The global holmium laser lithotripsy devices 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 urolithiasis, technological advancements in lithotripsy devices, and rising demand for minimally invasive surgeries. Based on type, the global holmium laser lithotripsy devices market is segmented into 20W, 30W, 40W, and others. The 30W segment is expected to account for the largest share of the global market in 2018. This segment is also projected to grow at a CAGR of 5.7% during the forecast period from 2018 to 2030. This growth can be attributed to factors such as rising demand for minimally invasive surgeries and technological advancements in lithotripsy devices. Based on application, the global holmium laser lithotripsy devices market is divided into hospitals, clinics, and others segments.
Product Definition:
Laser lithotripsy is a medical procedure that uses a laser to break up kidney stones and other objects in the urinary tract. Holmium laser lithotripsy devices use a high-powered laser beam to break up kidney stones. These devices are often used when traditional methods, such as shock waves, have not been successful.
20W:
20W is the power of light used in Holmium Laser Lithotripsy (HLLT) devices. It’s a form of extracorporeal shock wave lithotripsy which uses a laser to shatter and pulverize kidney, liver, and other stones into smaller pieces that can move through the urinary tract. The process is safe for patients as well as medical staff involved and has no side effects on people around it.
30W:
30W is the maximum power that can be delivered by a holmium laser for lithotripsy. It is also used in endoscopy procedures and therefore, it's called as soft-laser or low-power holographic imaging technology.
Application Insights:
Based on application, the global Holmium laser lithotripsy devices market is segmented into hospitals, clinics and other healthcare facilities. Hospitals held the largest share of over 70% in 2017. The use of Holmium laser for treating stones in kidney, bladder and ureter has led to an increased adoption of this technology in hospitals across the world. In addition, growing awareness about this technology among surgeons has also played a key role in increasing its usage at hospitals globally.
Clinics and other healthcare facilities are expected to witness significant growth over the forecast period owing to an increase in number of patients presenting with kidney stone symptoms every year worldwide without proper diagnosis or treatment which may lead to long term complications if unaddressed such as additional surgeries or dialysis treatments needed later on down the road.
Regional Analysis:
North America held the largest market share in 2017 owing to the high prevalence of kidney stones and rising geriatric population. The U.S. is one of the most lucrative markets for holmium laser lithotripsy devices due to its well-established healthcare sector, which has led to an increase in awareness regarding these procedures and their benefits among patients as well as physicians.
Asia Pacific is expected to register a significant CAGR over the forecast period due to factors such as improving healthcare infrastructure and growing patient awareness about various treatment options available for various diseases especially kidney stones along with Holmium Laser Lithotripsy Devices (HLD).
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 in the coming years due to increasing incidence of obesity and diabetes. This will create a high demand for Holmium Laser Lithotripsy Devices, as they are the most effective treatment for kidney stones.
- Technological advancements: The development of new and innovative Holmium Laser Lithotripsy Devices will help drive growth in this market. These devices are becoming increasingly sophisticated, with features such as real-time tracking and automatic calibration that make them more user-friendly and efficient.
- Growing awareness about laser lithotripsy: There is growing awareness about the benefits of laser lithotripsy over traditional surgical procedures such as open surgery or percutaneous nephrolithotomy (PCNL). This is helping to drive demand for Holmium Laser Lithotripsy Devices.
- Rising healthcare expenditure: Healthcare expenditure is increasing worldwide, driven by factors such as population growth, aging population, and rising income levels in emerging markets. This is creating a strong demand for advanced medical devices such as Holmium Laser Lithotripsy Devices, which offer better treatment outcomes at lower costs than traditional treatments options . 5) Emerging markets offer significant potential growth opportunities: The market for Holmium Laser Lithotripters is currently dominated by developed countries such as the US and Europe However, there are
Scope Of The Report
Report Attributes
Report Details
Report Title
Holmium Laser Lithotripsy Devices Market Research Report
By Type
20W, 30W, 40W, Others
By Application
Hospitals, Clinics, Others
By Companies
EMS Electro Medical Systems, Dornier MedTech, Lumenis, Boston Scientific, Olympus, Quanta System, Cook Medical, Karl Storz, Trimedyne, OmniGuide, DirexGroup, URO INC, Elmed Medical Systems, Convergent Laser Technologies
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Holmium Laser Lithotripsy Devices Market Report Segments:
The global Holmium Laser Lithotripsy Devices market is segmented on the basis of:
Types
20W, 30W, 40W, 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, Clinics, Others
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:
- EMS Electro Medical Systems
- Dornier MedTech
- Lumenis
- Boston Scientific
- Olympus
- Quanta System
- Cook Medical
- Karl Storz
- Trimedyne
- OmniGuide
- DirexGroup
- URO INC
- Elmed Medical Systems
- Convergent Laser Technologies
Highlights of The Holmium Laser Lithotripsy Devices 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:
- 20W
- 30W
- 40W
- Others
- By Application:
- Hospitals
- Clinics
- Others
- 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 Holmium Laser Lithotripsy Devices 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?
Holmium laser lithotripsy devices are medical devices that use a high-power holmium laser to break up stones in the urinary tract.
Some of the key players operating in the holmium laser lithotripsy devices market are EMS Electro Medical Systems, Dornier MedTech, Lumenis, Boston Scientific, Olympus, Quanta System, Cook Medical, Karl Storz, Trimedyne, OmniGuide, DirexGroup, URO INC, Elmed Medical Systems, Convergent Laser Technologies.
The holmium laser lithotripsy devices market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Holmium Laser Lithotripsy Devices 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. Holmium Laser Lithotripsy Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Holmium Laser Lithotripsy Devices Market - Supply Chain
4.5. Global Holmium Laser Lithotripsy Devices Market Forecast
4.5.1. Holmium Laser Lithotripsy Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Holmium Laser Lithotripsy Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Holmium Laser Lithotripsy Devices Market Absolute $ Opportunity
5. Global Holmium Laser Lithotripsy Devices 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. Holmium Laser Lithotripsy Devices Market Size and Volume Forecast by Type
5.3.1. 20W
5.3.2. 30W
5.3.3. 40W
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Holmium Laser Lithotripsy Devices 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. Holmium Laser Lithotripsy Devices Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Clinics
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Holmium Laser Lithotripsy Devices 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. Holmium Laser Lithotripsy Devices 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 Holmium Laser Lithotripsy Devices 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. Holmium Laser Lithotripsy Devices 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 Holmium Laser Lithotripsy Devices Demand Share Forecast, 2019-2026
9. North America Holmium Laser Lithotripsy Devices 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 Holmium Laser Lithotripsy Devices 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 Holmium Laser Lithotripsy Devices Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Clinics
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Holmium Laser Lithotripsy Devices Market Size and Volume Forecast by Type
9.7.1. 20W
9.7.2. 30W
9.7.3. 40W
9.7.4. Others
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 Holmium Laser Lithotripsy Devices Demand Share Forecast, 2019-2026
10. Latin America Holmium Laser Lithotripsy Devices 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 Holmium Laser Lithotripsy Devices 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 Holmium Laser Lithotripsy Devices Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Clinics
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Holmium Laser Lithotripsy Devices Market Size and Volume Forecast by Type
10.7.1. 20W
10.7.2. 30W
10.7.3. 40W
10.7.4. Others
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 Holmium Laser Lithotripsy Devices Demand Share Forecast, 2019-2026
11. Europe Holmium Laser Lithotripsy Devices 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 Holmium Laser Lithotripsy Devices 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 Holmium Laser Lithotripsy Devices Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Clinics
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Holmium Laser Lithotripsy Devices Market Size and Volume Forecast by Type
11.7.1. 20W
11.7.2. 30W
11.7.3. 40W
11.7.4. Others
11.8. Basi 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 Holmium Laser Lithotripsy Devices Demand Share, 2019-2026
12. Asia Pacific Holmium Laser Lithotripsy Devices 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 Holmium Laser Lithotripsy Devices 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 Holmium Laser Lithotripsy Devices Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Clinics
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Holmium Laser Lithotripsy Devices Market Size and Volume Forecast by Type
12.7.1. 20W
12.7.2. 30W
12.7.3. 40W
12.7.4. Others
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 Holmium Laser Lithotripsy Devices Demand Share, 2019-2026
13. Middle East & Africa Holmium Laser Lithotripsy Devices 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 Holmium Laser Lithotripsy Devices 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 Holmium Laser Lithotripsy Devices Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Clinics
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Holmium Laser Lithotripsy Devices Market Size and Volume Forecast by Type
13.7.1. 20W
13.7.2. 30W
13.7.3. 40W
13.7.4. Others
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 Holmium Laser Lithotripsy Devices Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Holmium Laser Lithotripsy Devices Market: Market Share Analysis
14.2. Holmium Laser Lithotripsy Devices Distributors and Customers
14.3. Holmium Laser Lithotripsy Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. EMS Electro Medical Systems
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Dornier MedTech
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lumenis
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Boston Scientific
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Olympus
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Quanta System
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cook Medical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Karl Storz
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Trimedyne
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. OmniGuide
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. DirexGroup
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. URO INC
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Elmed Medical Systems
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Convergent Laser Technologies
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
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
