Lithotripsy Devices Market Worth 1.76 Billion USD by 2023

Monday, June 4, 2018 Research News
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PUNE, India, June 4, 2018 /PRNewswire/ --

According to a new market research report "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", published
by MarketsandMarkets™, the market is expected to reach USD 1.76 Billion by 2023 from USD 1.41 Billion in 2018, at a CAGR of 4.5%. Factors such as the growing incidence of urolithiasis and technological advancements in lithotripsy devices are driving the growth of this market.

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Browse 76 market data Tables and 29 Figures spread through 108 Pages and in-depth TOC on "Lithotripsy Devices Market" 

https://www.marketsandmarkets.com/Market-Reports/lithotripsy-device-market-29769904.html

Early buyers will receive 10% customization on this report 

Extracorporeal Shock Wave Lithotripsy Devices segment accounted for the largest share of the market in 2017 

By type, the Lithotripsy Devices Market is classified into extracorporeal shock wave lithotripsy devices and intracorporeal lithotripsy devices. In 2017, the extracorporeal shock wave lithotripsy devices segment accounted for the largest share of the market. ESWL is the least invasive of all stone treatments and is considered the treatment modality of choice for a majority of urinary stones.

Kidney stones segment accounted for the largest share in 2017 

On the basis of applications, the Lithotripsy Devices Market is categorized 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 increasing incidence of kidney stones and the recurrence of these stones over a period of time are the key factors driving the growth of this segment.

Ask for PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=29769904

In 2017, the hospitals segment accounted for the largest share of the market 

On the basis of end user, the Lithotripsy Devices Market is categorized into hospitals, ambulatory surgical centers, and other end users. In 2017, the hospitals segment accounted for the largest share of the global Lithotripsy Devices Market. The large share can be attributed to the high number of surgeries performed in hospitals.

North America commanded the largest share of the market in 2017 

Based on region, the Lithotripsy Devices Market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). North America dominated the Lithotripsy Devices Market in 2017. The large share can primarily be attributed to the high prevalence of kidney stones and the large number of surgeries performed each year.

Some of the major players in the Lithotripsy Devices Market are Siemens AG (Germany), Boston Scientific (US), Dornier MedTech (Germany), Olympus America (Japan), DirexGroup (Germany), and Richard Wolf (Germany).

Know more about the Lithotripsy Devices Market: 

https://www.marketsandmarkets.com/Market-Reports/lithotripsy-device-market-29769904.html

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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SOURCE MarketsandMarkets



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