Lithotripsy Devices Market by Type (ESWL, Intracorporal (Laser, Electrohydraulic, Mechanical, Ultrasonic Lithotripsy)), Application (Kidney, Ureteral, Bile Duct & Pancreatic Stones), End User (Hospital), Procedures - Global Forecast to 2023
The lithotripsy devices market is expected to reach USD 1.76 Billion by 2023, at a CAGR of 4.5%. Growth in this market is propelled by the increasing incidence of urolithiasis and technological advancements in lithotripsy devices.
The objectives of this study are as follows:
- To define, describe, and forecast the lithotripsy devices market by type, application, end user, and region
- To forecast revenue of the market segments with respect to four main regional segments, namely, North America, Europe, Asia, and the Rest of the World (RoW)
- To identify the micromarkets with respect to drivers, restraints, industry-specific challenges, opportunities, and trends affecting the growth of the market
- To analyze market segments and subsegments with respect to individual growth trends, prospects, and contributions to the overall market
- To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
- To profile the key players and comprehensively analyze their market shares and core competencies in terms of market developments and growth strategies
- To track and analyze competitive developments such as partnerships, agreements, collaborations, and joint ventures; mergers and acquisitions; product launches; and research and development activities in the market
Research Methodology
Top-down and bottom-up approaches were used to estimate and validate the size of lithotripsy devices industry and to estimate the size of various other dependent submarkets. The overall market size was used in the top-down approach to estimate the sizes of other individual submarkets (mentioned in the market segmentation by type, application, end user, and region) through percentage splits from secondary and primary research. The bottom-up approach was also implemented (wherever applicable) for data extracted from secondary research to validate the market segment revenues obtained. Various secondary sources such as World Health Organization, National Institutes of Health, Canadian Urological Association, American Urology Association, Association of Clinical Urologists, European Association of Urology, British Association of Urological Surgeons, Centers for Disease Control and Prevention (CDC), World Bank, and Centers for Disease Control and Prevention (CDC) have been used to identify and collect information useful for this extensive commercial study of the market. Primary sources such as experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess prospects of the market. The breakdown of profiles of primaries is shown in the figure below:
To know about the assumptions considered for the study, download the pdf brochure
The key players in the market are Siemens AG (Germany), Boston Scientific (US), Dornier MedTech (Germany), Olympus America (Japan), DirexGroup (Germany), and Richard Wolf (Germany).
Target Audience for this Report:
- Manufacturers and vendors of lithotripsy devices
- Research associations related to surgeries
- Various research and consulting firms
- Distributors of lithotripsy devices
- Government bodies
- Venture capitalists
Lithotripsy Devices Market Scope
This report categorizes the market into the following segments and subsegments:
By Type
- Extracorporeal Shock Wave Lithotripsy Devices
-
Intracorporeal Lithotripsy Devices
- Laser Lithotripsy Devices
- Electrohydraulic Lithotripsy Devices
- Ultrasonic Lithotripsy Devices
- Mechanical Lithotripsy Devices
By Application
- Kidney Stones
- Ureteral Stones
- Pancreatic Stones
- Bile Duct Stones
By End User
- Hospitals
- Ambulatory Surgical Centers
- Other End Users
By Region
-
North America
- US
- Canada
-
Europe
- Germany
- UK
- France
- Rest of Europe
-
Asia
- Japan
- China
- India
- Rest of Asia
- Rest of the World
Customization Options:
- Company Information: Detailed company profiles of five or more market players
- Opportunities Assessment: A detailed report underlining the various growth opportunities presented in the market
The global market is segmented on the basis of type, application, end user, and regions. By type, the market is segmented into extracorporeal shock wave lithotripsy (ESWL) devices and intracorporeal lithotripsy devices. The ESWL devices segment accounted for the largest share of the global market in 2017. ESWL is the least invasive of all stone treatments and is considered the treatment modality of choice for a majority of urinary stones. This advantage is supporting the growth of the ESWL devices market.
On the basis of application, the market is segmented into kidney stones, ureteral stones, pancreatic stones, and bile duct stones. In 2017, the kidney stones segment accounted for the largest share of the market. The large share of this segment can primarily be attributed to the increasing incidence of kidney stones.
On the basis of end user, the market is segmented into hospitals, ambulatory surgical centers, and other end users. In 2017, the hospitals segment accounted for the largest share of the market. Hospitals are the largest end users of lithotripsy devices as a majority of surgical procedures are performed in hospitals.
On the basis of region, the lithotripsy devices market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). In 2017, North America commanded the largest share of the market. The large share of this market segment can be attributed to the high prevalence of kidney stones in this region and the large number of surgeries performed each year.
Some of the major players operating in this market are Siemens AG (Germany), Boston Scientific (US), Dornier MedTech (Germany), Olympus America (Japan), DirexGroup (Germany), and Richard Wolf (Germany).
Frequently Asked Questions (FAQs):
What is the size of Lithotripsy Devices Market?
The lithotripsy devices market is expected to reach USD 1.76 Billion by 2023, at a CAGR of 4.5%.
What are the major growth factors of Lithotripsy Devices Market?
Growth in this market is propelled by the increasing incidence of urolithiasis and technological advancements in lithotripsy devices.
Who all are the prominent players of Lithotripsy Devices Market?
The key players in the market are Siemens AG (Germany), Boston Scientific (US), Dornier MedTech (Germany), Olympus America (Japan), DirexGroup (Germany), and Richard Wolf (Germany).
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Table of Contents
1 Introduction (Page No. - 14)
1.1 Objectives of the Study
1.2 1.2 Market Definition
1.2.1 Markets Covered
1.2.2 Years Considered for the Study
1.3 Currency
1.4 Limitations
1.5 Stakeholders
2 Research Methodology (Page No. - 17)
2.1 Secondary Data
2.1.1 Key Data From Secondary Sources
2.2 Primary Data
2.2.1 Key Data From Primary Sources
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Market Breakdown and Data Triangulation
2.5 Assumptions for the Study
3 Executive Summary (Page No. - 25)
4 Premium Insights (Page No. - 28)
4.1 Lithotripsy Devices: Market Overview
4.2 North America: Lithotripsy Devices Market, By Type (2018)
4.3 Geographical Snapshot of the Market
4.4 Market, By End User, 2018–2023
5 Market Overview (Page No. - 32)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Incidence of Urolithiasis
5.2.1.2 Technological Advancements
5.2.2 Restraints
5.2.2.1 Unfavorable Healthcare Reforms in the US
5.2.2.2 Adverse Effects Associated With Lithotripsy and the Availability of Alternative Treatments for Stone Removal
5.2.3 Opportunities
5.2.3.1 Emerging Markets
6 Lithotripsy Devices Market, By Type (Page No. - 36)
6.1 Introduction
6.2 Extracorporeal Shock Wave Lithotripsy Devices
6.3 Intracorporeal Lithotripsy Devices
6.3.1 Laser Lithotripsy Devices
6.3.2 Electrohydraulic Lithotripsy Devices
6.3.3 Ultrasonic Lithotripsy Devices
6.3.4 Mechanical Lithotripsy Devices
7 Lithotripsy Devices Market, By Application (Page No. - 44)
7.1 Introduction
7.2 Kidney Stones
7.3 Ureteral Stones
7.4 Pancreatic Stones
7.5 Bile Duct Stones
8 Lithotripsy Devices Market, By End User (Page No. - 49)
8.1 Introduction
8.2 Hospitals
8.3 Ambulatory Surgical Centers
8.4 Other End Users
9 Lithotripsy Devices Market, By Region (Page No. - 54)
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 France
9.3.4 RoE
9.4 Asia
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia
9.5 Rest of the World
10 Competitive Landscape (Page No. - 84)
10.1 Overview
10.2 Market Share Analysis, 2017
10.3 Competitive Scenario
10.3.1 Product Launches
10.3.2 Expansions
10.3.3 Acquisitions
11 Company Profiles (Page No. - 88)
(Business Overview, Products Offered, Recent Developments, MnM View)*
11.1 Siemens AG
11.2 Storz Medical AG
11.3 Boston Scientific
11.4 Olympus
11.5 Richard Wolf
11.6 Direxgroup
11.7 Novamedtek
11.8 Dornier Medtech
11.9 Medispec
11.10 Walz Elektronik
*Business Overview, Products Offered, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.
12 Appendix (Page No. - 101)
12.1 Insights From Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.4 Introducing RT: Real-Time Market Intelligence
12.5 Available Customizations
12.6 Related Reports
12.7 Author Details
List of Tables (76 Tables)
Table 1 Lithotripsy Devices Market, By Type, 2016–2023 (USD Million)
Table 2 Market, By Procedure, 2016–2023 (No. of Procedures)
Table 3 Extracorporeal Shock Wave Market, By Region, 2016–2023 (USD Million)
Table 4 Extracorporeal Shock Wave Lithotripsy Market, By Region, 2016–2023 (No. of Procedures)
Table 5 Intracorporeal Market, By Type, 2016–2023 (USD Million)
Table 6 Intracorporeal Market, By Region, 2016–2023 (USD Million)
Table 7 Intracorporeal Lithotripsy Market, By Region, 2016–2023 (No. of Procedures)
Table 8 Laser Lithotripsy Devices Market, By Region, 2016–2023 (USD Million)
Table 9 Electrohydraulic Market, By Region, 2016–2023 (USD Million)
Table 10 Ultrasonic Market, By Region, 2016–2023 (USD Million)
Table 11 Mechanical Market, By Region, 2016–2023 (USD Million)
Table 12 Lithotripsy Devices Market, By Application, 2016–2023 (USD Million)
Table 13 Market for Kidney Stones, By Region, 2016–2023 (USD Million)
Table 14 Market for Ureteral Stones, By Region, 2016–2023 (USD Million)
Table 15 Lithotripsy Devices Market for Pancreatic Stones, By Region, 2016–2023 (USD Million)
Table 16 Market for Bile Duct Stones, By Region, 2016–2023 (USD Million)
Table 17 Market, By End User, 2016–2023 (USD Million)
Table 18 Market for Hospitals, By Region, 2016–2023 (USD Million)
Table 19 Market for Ambulatory Surgical Centers, By Region, 2016–2023 (USD Million)
Table 20 Market for Other End Users, By Region, 2016–2023 (USD Million)
Table 21 Lithotripsy Devices Market, By Region, 2016–2023 (USD Million)
Table 22 North America: Market, By Country, 2016–2023 (USD Million)
Table 23 North America: Market, By Type, 2016–2023 (USD Million)
Table 24 North America: Market, By Procedure, 2016–2023 (No. of Procedures)
Table 25 North America: Intracorporeal Lithotripsy Devices Market, By Type, 2016–2023 (USD Million)
Table 26 North America: Market, By Application, 2016–2023 (USD Million)
Table 27 North America: Market, By End User, 2016–2023 (USD Million)
Table 28 US: Market, By Type, 2016–2023 (USD Million)
Table 29 US: Market, By Procedure, 2016–2023 (No. of Procedures)
Table 30 US: Market, By Application, 2016–2023 (USD Million)
Table 31 US: Market, By End User, 2016–2023 (USD Million)
Table 32 Canada: Market, By Type, 2016–2023 (USD Million)
Table 33 Canada: Lithotripsy Devices Market, By Procedure, 2016–2023 (No. of Procedures)
Table 34 Canada: Market, By Application, 2016–2023 (USD Million)
Table 35 Canada: Market, By End User, 2016–2023 (USD Million)
Table 36 Europe: Market, By Country, 2016–2023 (USD Million)
Table 37 Europe: Market, By Type, 2016–2023 (USD Million)
Table 38 Europe: Market, By Procedure, 2016–2023 (No. of Procedures)
Table 39 Europe: Intracorporeal Market, By Type, 2016–2023 (USD Million)
Table 40 Europe: Lithotripsy Devices Market, By Application, 2016–2023 (USD Million)
Table 41 Europe: Market, By End User, 2016–2023 (USD Million)
Table 42 Germany: Market, By Type, 2016–2023 (USD Million)
Table 43 Germany: Lithotripsy Devices Market, By Application, 2016–2023 (USD Million)
Table 44 Germany: Market, By End User, 2016–2023 (USD Million)
Table 45 UK: Lithotripsy Devices Market, By Type, 2016–2023 (USD Million)
Table 46 UK: Market, By Application, 2016–2023 (USD Million)
Table 47 UK: Market, By End User, 2016–2023 (USD Million)
Table 48 France: Market, By Type, 2016–2023 (USD Million)
Table 49 France: Lithotripsy Devices Market, By Application, 2016–2023 (USD Million)
Table 50 France: Market, By End User, 2016–2023 (USD Million)
Table 51 RoE: Market, By Type, 2016–2023 (USD Million)
Table 52 RoE: Market, By Application, 2016–2023 (USD Million)
Table 53 RoE: Market, By End User, 2016–2023 (USD Million)
Table 54 Asia: Market, By Country, 2016–2023 (USD Million)
Table 55 Asia: Market, By Type, 2016–2023 (USD Million)
Table 56 Asia: Market, By Procedure, 2016–2023 (No. of Procedures)
Table 57 Asia: Intracorporeal Lithotripsy Devices Market, By Type, 2016–2023 (USD Million)
Table 58 Asia: Market, By Application, 2016–2023 (USD Million)
Table 59 Asia: Market, By End User, 2016–2023 (USD Million)
Table 60 China: Market, By Type, 2016–2023 (USD Million)
Table 61 China: Market, By Application, 2016–2023 (USD Million)
Table 62 China: Market, By End User, 2016–2023 (USD Million)
Table 63 Japan: Market, By Type, 2016–2023 (USD Million)
Table 64 Japan: Lithotripsy Devices Market, By Application, 2016–2023 (USD Million)
Table 65 Japan: Market, By End User, 2016–2023 (USD Million)
Table 66 India: Market, By Type, 2016–2023 (USD Million)
Table 67 India: Market, By Application, 2016–2023 (USD Million)
Table 68 India: Lithotripsy Devices Market, By End User, 2016–2023 (USD Million)
Table 69 RoA : Market, By Type, 2016–2023 (USD Million)
Table 70 RoA: Market, By Application, 2016–2023 (USD Million)
Table 71 RoA: Market, By End User, 2016–2023 (USD Million)
Table 72 RoW: Market, By Type, 2016–2023 (USD Million)
Table 73 RoW: Market, By Procedure, 2016–2023 (No. of Procedures)
Table 74 RoW: Intracorporeal Lithotripsy Devices Market, By Type, 2016–2023 (USD Million)
Table 75 RoW: Market, By Application, 2016–2023 (USD Million)
Table 76 RoW: Market, By End User, 2016–2023 (USD Million)
List of Figures (29 Figures)
Figure 1 Global Lithotripsy Devices Market
Figure 2 Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 4 Lithotripsy Devices Market: Bottom-Up Approach
Figure 5 Market: Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 Market, By Type, 2018 vs 2023 (USD Million)
Figure 8 Market, By Application, 2018 vs 2023 (USD Million)
Figure 9 Market, By End User, 2018 vs 2023 (USD Million)
Figure 10 Market, By Region, 2018 vs 2023 (USD Million)
Figure 11 Increasing Incidence of Urolithiasis & Technological Advancements in Lithotripsy Devices—Key Factors Propelling Market Growth
Figure 12 Extracorporeal Shock Wave Lithotripsy to Dominate the North American Lithotripsy Devices Market in 2018
Figure 13 Asia to Register the Highest Growth Rate During the Forecast Period
Figure 14 Hospitals Will Continue to Dominate the Market During the Forecast Period
Figure 15 Market: Drivers, Restraints, & Opportunities
Figure 16 Kidney Stones to Account for the Largest Share of the Market, By Application, in 2018
Figure 17 Hospitals Segment is Expected to Account for the Largest Share of the Market in 2018
Figure 18 North America to Dominate the Lithrotripsy Device Market During the Forecast Period
Figure 19 North America: Market Snapshot
Figure 20 North America: Extracorporeal Shock Wave Lithotripsy Devices to Dominate the Lithotripsy Devices Market in 2018
Figure 21 Kidney Stones to Dominate the European Market in 2018
Figure 22 Asia: Market Snapshot
Figure 23 Asia: Kidney Stones to Dominate the Lithotripsy Devices Market, By Application, in 2018
Figure 24 Hospitals to Register the Highest Growth Rate of the Market in the RoW Between 2018 & 2023
Figure 25 Key Developments in the Market Between Jan 2015 and May 2018
Figure 26 Market Share of Players in the Market in 2017
Figure 27 Siemens AG: Company Snapshot (2017)
Figure 28 Boston Scientific: Company Snapshot (2017)
Figure 29 Olympus: Company Snapshot (2017)
Generating Response ...
Growth opportunities and latent adjacency in Lithotripsy Devices Market