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#Lithotripsy Devices Market#Lithotripsy Devices Market Size#Lithotripsy Devices Market Share#Lithotripsy Devices Market Trend#Lithotripsy Devices Market Demand#Lithotripsy Devices Market Insights#Lithotripsy Devices Market Growth
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Refurbished Medical Equipment Market Growth and Size for Strategic Decision-Making
The global refurbished medical equipment market size is expected to reach USD 45.81 Billion in 2032 and register a steady revenue CAGR of 11.8% during the forecast period, according to latest analysis by Emergen Research. Increasing preference for eco-friendly products is a major factor driving market revenue growth of. Benefits of used medical imaging equipment for environment must be emphasized.
The circular economy is supported by refurbishment, a sort of reuse and waste reduction that raises useful lifespan of medical imaging equipment from 5-7 to 10-14 years or even longer. Resources and energy required to produce new equipment are saved by refurbishment. It is critical from an environmental standpoint to maximize service life of imaging scanners due to energy and materials used throughout the production, safety testing, and regulatory compliance processes. For instance, improving Magnetic Resonance Imaging (MRI) scanners and extending their service life maximizes the return on initial investment of energy and materials.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Refurbished Medical Equipment market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
GE HealthCare, Koninklijke Philips N.V., Siemens Healthcare GmbH, Block Imaging, Inc., Soma Tech INTL, Avante Health Solutions, Hilditch Group, EverX Pty. Ltd., Integrity Medical Systems, Inc., and Radiology Oncology Systems
Click to access the Report Study, Read key highlights of the Report and Look at Projected Trends: https://www.emergenresearch.com/industry-report/refurbished-medical-equipment-market
Emergen Research has segmented the global Refurbished Medical Equipment market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
Product Outlook (Revenue, USD Billion; 2019–2032)
Medical Imaging Equipment
Computerized Tomography (CT) Scanners
Magnetic Resonance Imaging (MRI) Machines
X-Ray Machines
Nuclear Imaging Systems
Ultrasound Systems
Other Medical Imaging Equipment
Operating Room & Surgical Equipment
Anesthesia Machines
Electrosurgical Units
Operating Room Tables & Lights
Surgical Displays
Other Operating Room & Surgical Equipment
Patient Monitors
Multi-Parameter Monitors
Fetal Monitors
Electrocardiography Devices
Pulse Oximeters
Mobile Cardiac Telemetry Devices
Non-Invasive Blood Pressure Monitors
Other Patient Monitors
Cardiology Equipment
Defibrillators
Heart-Lung Machines
Other Cardiology Equipment
Urology Equipment
Dialysis Machines
Lithotripsy Devices
Neurology Equipment
Electromyograph Machines (EMG) Machines
Electroencephalography (EEG) Machines
Intensive Care Equipment
Ventilators
Infant Incubators & Warmers
Intravenous Therapy Systems
Endoscopy Equipment
Other Medical Equipment
Application Outlook (Revenue, USD Billion; 2019–2032)
Diagnostic Applications
Cardiology
Urology
Neurology
Orthopedics
Physiology
Emergency Medicine
Oncology
Obstetrics/Gynecology
Other Diagnostic Applications
Therapeutic Applications
Cardiology
Urology
Neurology
Orthopedics
Physiology
Emergency Medicine
Oncology
Obstetrics/Gynecology
Other Therapeutic Applications
End-Use Outlook (Revenue, USD Billion; 2019–2032)
Hospitals
Diagnostic Imaging Centers
Ambulatory Care Centers
Other End-Use
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
Analysis and estimation of the Refurbished Medical Equipment Market size and share for the projected period of 2022-2030
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Refurbished Medical Equipment Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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Urology Devices Market Dynamics: Trends, Drivers, and Restraints
The urology devices market is valued at an estimated USD 34.1 billion in 2023 and is projected to reach USD 48.6 billion by 2028 at a CAGR of 7.3% during the forecast period.
The urology devices market is experiencing substantial growth due to increasing incidences of urological disorders, advancements in medical technology, and a growing geriatric population. The market is characterized by a diverse range of devices used in the diagnosis and treatment of urological diseases. Key segments include endoscopes, dialysis equipment, lasers, and lithotripters.
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Industry Dynamics
Technological Advancements: Continuous innovations in minimally invasive surgical devices and robotic systems are driving the market. These advancements enhance the precision and effectiveness of urological procedures, thus boosting the urology devices market size.
Rising Prevalence of Urological Conditions: The increasing number of patients suffering from chronic kidney disease, prostate cancer, urinary tract infections, and other urological disorders is a significant factor contributing to market growth.
Aging Population: The global rise in the elderly population is escalating the demand for urological treatments, positively impacting the urology devices market share.
Healthcare Infrastructure Development: Improving healthcare infrastructure in emerging economies is facilitating better access to advanced urological treatments, thereby expanding the market.
Government Initiatives: Supportive government policies and funding for healthcare innovation and expansion are also contributing to market growth.
Current Happenings
Strategic Collaborations and Acquisitions: Major market players are engaging in strategic collaborations and acquisitions to strengthen their market position and expand their product portfolios.
Regulatory Approvals: Recent approvals of new urology devices by regulatory authorities are introducing more advanced and effective treatment options, propelling the market forward.
Research and Development: Increased investment in R&D by key companies to develop innovative devices is shaping the future of the urology devices market.
Market Share
In terms of market share, North America holds the largest portion due to high healthcare spending, advanced healthcare facilities, and significant R&D activities. Europe follows closely, driven by similar factors. The Asia-Pacific region is expected to witness the fastest growth due to rising healthcare awareness, improving healthcare infrastructure, and a large patient pool.
Conclusion
The urology devices market size and market share are expanding due to technological advancements, increasing prevalence of urological conditions, and supportive government initiatives. With continuous innovation and strategic industry movements, the market is poised for significant growth in the coming years.
Related Reports:
Urology Devices Market by Product (Dialysis, Laser, Lithotripsy, Robotic, Insufflators, Guidewires, Catheters, Stents, Implants), Application (Kidney Diseases, Cancer, Pelvic Organ Prolapse, BPH, Stones), End User, and Region - Global Forecast to 2028
#Global Urology Devices Market#Urology Devices Industry#Urology Devices Market Size#Urology Devices Market Growth#Urology Devices Market Outlook
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Lithotripsy Device Market Size, Share, Trends, Growth And Forecast To 2032
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Lithotripsy Device Market Size, Share, Trends, Growth And Forecast To 2032
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Medical Laser Market Forecast 2024-2031 Growth Drivers, Regional Outlook
The global medical laser market has been witnessing significant growth in recent years, driven by technological advancements, increasing prevalence of chronic diseases, and rising demand for minimally invasive surgical procedures. According to recent reports, the market size was valued at USD 5.0 billion in 2022 and is projected to reach USD 17.08 billion by 2030, with a compound annual growth rate (CAGR) of 16.6% during the forecast period of 2023-2030. This substantial growth underscores the growing importance of medical lasers in healthcare applications worldwide.
Key Drivers Propelling Growth
Several key factors are fueling the growth of the medical laser market:
Technological Advancements: Rapid advancements in laser technology have led to the development of more efficient and precise medical lasers. Innovations such as fiber optics, diode lasers, and solid-state lasers have expanded the capabilities of medical lasers, enabling a wide range of medical procedures with improved outcomes.
Rising Demand for Minimally Invasive Procedures: There is a growing preference for minimally invasive surgical procedures among patients and healthcare providers due to their benefits, including reduced trauma, faster recovery times, and shorter hospital stays. Medical lasers play a crucial role in various minimally invasive treatments, such as laser ablation, laser lithotripsy, and laser skin resurfacing, driving their adoption in healthcare facilities worldwide.
Increasing Prevalence of Chronic Diseases: The prevalence of chronic diseases such as cancer, cardiovascular diseases, and ophthalmic disorders is on the rise globally. Medical lasers are extensively used in the diagnosis, treatment, and management of these conditions, driving the demand for advanced laser-based medical devices.
Growing Aging Population: The aging population is more susceptible to age-related conditions and diseases, driving the demand for advanced medical interventions. Medical lasers offer precise and effective treatment options for age-related conditions such as cataracts, age-related macular degeneration (AMD), and skin aging, contributing to market growth.
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Challenges and Considerations
Despite the promising growth prospects, the medical laser market faces certain challenges and considerations:
High Cost of Medical Laser Systems: The initial cost of acquiring medical laser systems can be prohibitive for some healthcare facilities, especially in emerging economies. Additionally, the maintenance and operating costs of medical lasers can also be substantial, limiting their adoption in certain healthcare settings.
Stringent Regulatory Requirements: The medical laser industry is subject to stringent regulatory requirements imposed by regulatory authorities such as the FDA (Food and Drug Administration) in the United States and the European Medicines Agency (EMA) in Europe. Compliance with these regulations adds complexity and time to the development and commercialization of medical laser devices.
Limited Reimbursement Policies: Reimbursement policies for laser-based medical procedures vary across different regions, impacting the adoption of medical lasers in healthcare settings. Limited reimbursement coverage for certain laser procedures may hinder market growth, especially in regions with underdeveloped healthcare infrastructure.
Key Takeaways from the Market
Growing Adoption of Laser-Based Aesthetic Procedures: The aesthetic segment is witnessing significant growth due to the increasing demand for laser-based skin rejuvenation, hair removal, and body contouring procedures. Advancements in laser technology have made these procedures safer, more effective, and minimally invasive, driving their popularity among consumers.
Expansion of Applications in Ophthalmology: Ophthalmology remains a key application area for medical lasers, with growing adoption in procedures such as LASIK (Laser-Assisted In Situ Keratomileusis) surgery, cataract surgery, and retinal photocoagulation. The development of innovative laser systems with improved precision and safety profiles is expanding the scope of laser-based ophthalmic treatments.
Increasing Focus on Emerging Markets: The medical laser market is witnessing significant expansion in emerging markets, driven by increasing healthcare expenditure, growing awareness about advanced medical treatments, and improving healthcare infrastructure. Companies are increasingly focusing on expanding their presence in regions such as Asia-Pacific, Latin America, and the Middle East to capitalize on untapped market opportunities.
In conclusion, the medical laser market is poised for remarkable growth in the coming years, driven by technological advancements, rising demand for minimally invasive procedures, and increasing prevalence of chronic diseases. However, challenges such as high costs and regulatory requirements need to be addressed to unlock the full potential of this dynamic market. As innovation continues to drive the development of advanced laser technologies, the medical laser market is expected to witness sustained growth and expansion, offering significant opportunities for industry players and healthcare stakeholders alike.
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Ultrasound Devices Market Share and Demand Analysis with Size, Growth Drivers and Forecast to 2030
The latest market report published by Credence Research, Inc. “Global Ultrasound Devices Market: Growth, Future Prospects, and Competitive Analysis, 2022 – 2030. Ultrasound devices aid in diagnosing various diseases such as cardiology, obstetrics, gynecology, gastroenterology, and others. Ultrasound is exploring relatively novel applications across several clinical specialties and points of care, from image-guiding interventions to biopsies and non-invasive diagnosis.
Ultrasound Devices Market Dynamics refer to the ever-evolving landscape and trends within the ultrasound industry. As medical technology continues to advance, ultrasound devices have become increasingly sophisticated and versatile, catering to a wide range of diagnostic imaging needs. One key driving force behind the dynamics of this market is the growing demand for non-invasive and radiation-free imaging techniques. Ultrasound devices offer an ideal solution as they provide real-time visualization of internal body structures without any harmful side effects. Additionally, technological advancements in ultrasound transducers, such as 3D/4D imaging capabilities and portable handheld devices, have expanded their applications beyond traditional hospital settings. These innovations have empowered healthcare professionals with greater mobility and flexibility while ensuring high-quality patient care even in remote or resource-limited areas.
Ultrasound Devices Market has seen remarkable growth in recent years, driven by the increasing demand for non-invasive diagnostic imaging across various medical specialties. Ultrasound devices, also known as sonography machines, use high-frequency sound waves to create real-time images of the internal structures of the body. They are widely used for applications ranging from obstetrics and gynecology to cardiology, gastroenterology, and musculoskeletal imaging. Key factors fueling the growth of this market include technological advancements that have led to more compact and portable devices, enhanced image quality, and increased accessibility. Additionally, ultrasound's safety, lack of ionizing radiation, and cost-effectiveness make it a preferred imaging modality.
With the rising prevalence of chronic diseases and the growing aging population, the demand for ultrasound devices for both diagnosis and guidance during minimally invasive procedures is expected to continue expanding. Moreover, the market's evolution toward 3D/4D imaging, point-of-care ultrasound, and the integration of artificial intelligence for image analysis promises to further revolutionize diagnostic capabilities and drive continued growth in the ultrasound devices market.
Browse 245 pages report Ultrasound Devices Market By Product Type (Cart/Trolley Based Ultrasound Devices, Compact Ultrasound Devices), By Technology (2-D Ultrasound Imaging, 3-D And 4-D Ultrasound Imaging, Doppler Ultrasound Imaging, High Intensity Focused Ultrasound (HIFU), Lithotripsy Ultrasound Imaging), By Application (Cardiology, Radiology, Obstetrics And Gynecology, Gastroenterology) – Growth, Share, Opportunities & Competitive Analysis, 2015 – 2022 https://www.credenceresearch.com/report/ultrasound-devices-market
List of the prominent players in the Ultrasound Devices Market:
GE Healthcare
FUJIFILM Holdings Corporation
Hitachi Medical Corporation
Samsung Medison Co. Ltd.
Koninklijke Philips N.V.
Toshiba Medical Systems Corporation
Mindray Medical Corporation
Esaote SpA, and
Analogic Corporation
The Ultrasound Devices Market is experiencing several top trends that are shaping the industry:
Point-of-Care Ultrasound (POCUS): POCUS is one of the most prominent trends in ultrasound devices. This approach allows healthcare providers to perform ultrasound examinations at the patient's bedside, in real-time, for rapid diagnosis and treatment decisions in emergency departments, critical care, and various medical specialties.
AI and Machine Learning Integration: Artificial intelligence and machine learning are being integrated into ultrasound devices to automate image analysis, enhance diagnostic accuracy, and improve workflow efficiency. AI-driven tools are assisting in image interpretation and measurements, leading to faster and more precise diagnoses.
Portable and Handheld Devices: There is a growing demand for compact and handheld ultrasound devices that offer portability and ease of use. These devices are ideal for point-of-care settings and remote healthcare delivery.
Advanced Imaging Modalities: 3D and 4D (real-time 3D) ultrasound imaging are gaining traction, providing detailed and dynamic visualizations of anatomical structures. These modalities are particularly valuable in obstetrics, cardiology, and musculoskeletal imaging.
Wireless Connectivity: Ultrasound devices are becoming more connected, allowing for seamless data transfer and integration with electronic health records (EHRs) and telemedicine platforms. This enables remote consultations, image sharing, and collaborative diagnostics.
Personalized Medicine: Ultrasound is playing a role in personalized medicine by tailoring treatment plans and interventions based on individual patient needs and responses. This approach is particularly evident in the field of interventional ultrasound.
Women's Health Focus: In women's health, ultrasound devices are evolving to provide better imaging for prenatal care, gynecology, and breast health. Advances in transvaginal and transabdominal ultrasound are enhancing diagnostic capabilities.
Musculoskeletal Imaging Growth: Musculoskeletal ultrasound is experiencing growth, offering a radiation-free and non-invasive way to assess soft tissue and joint conditions. It is widely used in orthopedics and rheumatology.
Cardiac Ultrasound Advancements: Echocardiography, or cardiac ultrasound, continues to advance with improvements in image quality and diagnostic capabilities. It plays a vital role in assessing heart function and diagnosing cardiovascular diseases.
Global Expansion: Emerging markets in Asia, Latin America, and Africa are witnessing increased adoption of ultrasound devices due to expanding healthcare infrastructure, rising healthcare awareness, and the need for cost-effective diagnostic solutions.
Why to Buy This Report-
The report provides a qualitative as well as quantitative analysis of the global Ultrasound Devices Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.
The report includes information on the competitive landscape, such as how the market's top competitors operate at the global, regional, and country levels.
Major nations in each region with their import/export statistics
The global Ultrasound Devices Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major player analysis, market growth strategies, and key application areas.
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Urolithiasis Management Devices Market - Forecast(2023 - 2028)
Urolithiasis Management Devices Market size was valued at $1.4 billion in 2020, and is expected to grow with a CAGR of 4.3% during the forecast period 2021-2026. Urolithiasis refers to the development of stones in the urinary system and is classified based on the location of stone formation.
By Product: Extracorporeal Shock Wave Lithotripsy (ESWL), Intracorporeal Lithotripsy, Other Treatments. By End Users: Hospitals, Clinics, Ambulatory Surgical Centers. By Geography: North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia and Others), Asia Pacific (China, Japan, India, South Korea, Australia & New Zealand and Others), South America (Brazil, Argentina and others), and Rest of the World (Middle East and Africa).
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Enhancing Urological Procedures: Exploring the Latest Innovations in Stone Basket Technology
Kidney stones are the most common problem seen in people nowadays. Less consumption of fluids, lack of a healthy diet, and lifestyle changes are the known history of the formation of kidney stones. These stones are formed by deposits of minerals in the kidneys that may vary in size and shape from mild to severe.
These kidney stones were removed through various procedures like medication, lithotripsy, ureteroscopy, and sometimes surgical procedures to remove bigger stones. Other than medication, ureteroscopy is the most preferred procedure by medical practitioners; since it is a minimally invasive procedure, by passing a thin tube called a ureteroscope into the urethra to the kidney. The stones are visualized and extracted using a basket device. This procedure does not need hospitalization and is performed under local or general anaesthesia.
Urological Stone Basket Technology and its Innovations:
Urology stone baskets are devices used to retrieve or remove urinal stones formed in the kidney and urinary tract. These devices are designed specifically for inserting into the urinary tract through the urethra to capture and remove stones of different sizes.
Recent advancements in medical technologies and innovation of minimally invasive devices gain importance these days, focusing on patient comfort. There are numerous stone retrieval baskets available in the market each differs in its functionality and design. Some common types of stone retrieval baskets include
Stainless steel or Dormia Baskets: Dormia baskets consist of flexible wires made of stainless steel. Its flexible design allows the stainless-steel wire to converge till the proximal end. Pressure is applied to capture the stone deposits from the renal pelvis.
Nitinol Stone Baskets: This stone basket is specially made from nickel-titanium alloy. Nitinol baskets provide maximum comfort to the patient during retrieval of the stone from the urinary tract with less pain during insertion. They are lightly weighted, and their elasticity allows the urologist to navigate the urinary tract and capture the stones.
Lithotripsy Integrated Baskets: Integrated with a laser and retrieval basket technology. A flexible fiber wire inserted into the ureteroscope enables urologists to pass a laser into the stones, break them down into pieces, and collect it in the basket.
Manish Medi is a leading urology stone basket manufacturer in Bangalore. We manufacture and supply a variety of advanced urology instruments and stone retrieval devices.
Our stone retrieval baskets are designed with a type of nitinol and stainless steel wires that ensures a firm grip on stones of different sizes. Its ultra-lightweight design allows the basket for independent navigation.
Our stone baskets are available in different types and lengths.
Our helical design basket effectively captures stones and retains them in the basket. Secura tipless basket design minimizes punctures inside the kidney while inserting and makes it easier for the urologist to collect the stone from the renal pelvis and bladder. Reduce the risk of urethral trauma during stone fragmentation.
As a leading urology stone basket manufacturer in Bangalore, Manish Medi is at the forefront of innovation in this field. Our range of advanced urology instruments and stone retrieval devices is meticulously designed to ensure a firm grip on stones of various sizes. With an emphasis on patient comfort, our stone baskets feature an ultra-lightweight design that enables independent navigation. The helical design enhances stone capture and retention, while the Secura tipless basket design minimizes punctures during insertion, simplifying stone collection from the renal pelvis and bladder. By reducing the risk of urethral trauma during stone fragmentation, our products exemplify the best in urology stone basket manufacturing.
In conclusion, through ongoing innovation and a commitment to improving patient outcomes, the latest advancements in stone basket technology are revolutionizing urological procedures, offering more efficient and comfortable solutions for the management of kidney stones.
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Lithotripsy Devices Market – Industry Trends and Forecast to 2029
#Lithotripsy Devices Markettrend#Lithotripsy Devices Marketforcaste#Lithotripsy Devices Marketsegment#Lithotripsy Devices Marketoverview#Lithotripsy Devices Marketgrowth#Lithotripsy Devices Marketshare#Lithotripsy Devices Marketdemand
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Lithotripsy Devices Market to Grow with Double Digit CAGR During the Forecast Period | TechSci Research
Rising cases of kidney stones is driving the growth in Global Lithotripsy Devices Market in the forecast period, 2022-2026.
According to TechSci Research report, “Global Lithotripsy Devices Market By Type (Intracorporeal Lithotripsy, Extracorporeal Shock Wave Lithotripsy (ESWL)) By Modality (Standalone v/s Portable) By Application (Kidney Stone, Pancreatic Stones, Ureteral Stones, Bile Duct Stone) By End User (Hospitals & Clinics, Ambulatory Surgical Centers, Others) By Region, Competition Forecast & Opportunities, 2026”, the global lithotripsy devices market may potentially project an impressive growth in the forecast period, 2022-2026, with an impressive CAGR on the account of rising number of instances where the patient is suffering severe and complicated cases of kidney stones.
The changing lifestyles, and poor life choices are risking the kidney stone development among the younger population of the world which is expected to support the growing market in lieu of surge in the demand of the devices required for the treatment of the kidney stones. Moreover, the geriatric population is more susceptible to the kidney stones problem. Therefore, the alarming rate of increasing geriatric population of the world is a major driving factor for the growth of the global lithotripsy devices market in the upcoming five years.
Lithotripsy is a medical treatment which is the process of removal of kidney stones by a non-invasive surgical process. The kidney stones that are too large and cannot pass through the urinary tract are treated using lithotripsy devices. Through the process of fluoroscopy, the stones are located and identified and then the lithotripsy devices are utilized to extract the kidney stones from the particular portion.
The rising instances of urolithiasis is anticipated to be a major cause of the impressive CAGR growth in the market. Although, the expenses of the medical procedure might put a minor restraint on the growth of the market in the future five years.
Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on "Global Lithotripsy Devices Market"
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The global lithotripsy devices market is segmented by type, modality, application, end user, competitional landscape, and regional distribution. Based on modality, the market is differentiated between standalone and portable device. Standalone devices held major shares of the market in the historical years and is expected to dominate the market in the next five years too on the account of consistent practices being carried out and the complicated procedures that require experienced surgeons and medicine practitioners to execute the procedure.
Moreover, the surge in the demand in the south Asian countries owing to the still developing healthcare industry is driving the growth of the market. Although portable devices are expected to register the fastest growing CAGR on the grounds of feasibility of the device, efficiency, cheaper option for the procedure, leaves no room for ay risk condition therefore driving the growth of the market. Moreover, due to the surge in demand from the ambulatory care centers and other health care facilities that require portable medical devices to overcome the back-draw of smaller infrastructure is supporting the growth of the market in the next five years.
Based on type, the market is further bifurcated into intracorporeal lithotripsy, extracorporeal shock wave lithotripsy (ESWL). Extracorporeal shockwave lithotripsy devices are anticipated to hold the major revenue shares of the market in the next five years. The market segment growth can be attributed to the surge in the demand of non-invasive surgical procedures and technological advancement in the medical healthcare industry.
ESWL or Extracorporeal shockwave lithotripsy is the medical procedure of removing the kidney stones where open surgeries can be avoided and even if the kidney stones are larger in sizes the procedure can easily remove the kidney stone from its location and extract it. High energy shock waves are passed through the body that reaches the stone’s location and breaks it into smaller pieces which is then excreted out from the urinary tract. The sizes are preferably turned to as small as the size of sand grains.
Holding the major shares of the global lithotripsy devices market are Church & Dwight Co. Inc., Fairhaven Health LLC, Geratherm Medical AG, Abbott Laboratories, Inc., Quidel Corporation, Swiss Precision Diagnostics GmbH (Procter & Gamble), Tempdrop LLC, Uebe Medical GmbH, HiLin Life Products Inc., Fertility Focus Limited, among others.
Market players are actively involved in the research and technological development in the medical device developments. The advanced technology has made it possible for the healthcare industry to provide excellent healthcare services through lithotripsy devices. Further advancement would aid the market value and brand establishment in the future five years.
New market players may focus on the research and development to provide options that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.
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“North America is anticipated to be the most volatile and most promising market in the future five years. High prevalence of kidney stone problems and increasing awareness about lithotripsy devices among consumers are anticipated to drive the market growth in the future. Also, the region consists of the United States and Canada likewise major economies that support excellent healthcare within the country and the presence of multiple market players that hold major shares of the market are other major factors that is expected to support the growth of the market too. Moreover, Asia-Pacific region is expected to show a major growth in the CAGR owing to the developing healthcare industry in the countries like India and China. The market is open for the technologically advanced and cheaper medical devices. Since a new wave of healthcare beneficiary policies is experienced in these countries, new market players may benefit from governmental aid,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Lithotripsy Devices Market By Type (Intracorporeal Lithotripsy, Extracorporeal Shock Wave Lithotripsy (ESWL)) By Modality (Standalone v/s Portable) By Application (Kidney Stone, Pancreatic Stones, Ureteral Stones, Bile Duct Stone) By End User (Hospitals & Clinics, Ambulatory Surgical Centers, Others) By Region, Competition Forecast & Opportunities, 2026”, has evaluated the future growth potential of global lithotripsy devices and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global lithotripsy devices market.
Browse Related Reports:
Global Urology Devices Market By Type (Endoscopes, Dialysis Devices, Laser & Lithotripsy Devices, Endovision & Imaging Devices, Catheters, Urodynamic Systems, Stents, Biopsy Devices, Others) By Procedure Type (Minimally Invasive Surgery Devices v/s Robotic Surgery) By Application (Kidney Diseases, Urological Cancer & BPH, Pelvic Organ Prolapse, Others) By End User (Hospitals & Clinics, Ambulatory Care Centers, Dialysis Centers, Home Care Settings) By Company, By Region, Forecast & Opportunities, 2026
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https://www.techsciresearch.com/report/rapid-test-kit-market/4858.html
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