2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What External and Internal Drivers Are Contributing to the Growth of theLithotripsy Devices Market?

An increase in the global geriatric population is set to boost the expansion of the lithotripsy device market. The term ‘geriatric population’ often pertains to individuals who are typically 65 years old or above. With an upsurge in cases of kidney stones and urolithiasis, particularly among the ever-growing older population, there is a marked requirement to use lithotripsy devices. These devices enable minimally invasive techniques for removing kidney stones and offer effective treatment for urolithiasis among this age group. For example, the World Health Organization, a Switzerland-based intergovernmental organization, forecasted in October 2022 that by 2030, one in every six people worldwide would be 60 years old or above. Similarly, the population aged 60 and over will likely increase from 1 billion in 2020 to 1.4 billion during this period. By 2050, the population of individuals aged 60 or older is projected to double to 2.1 billion worldwide. Hence, this surge in the global geriatric population is spurring the growth of the lithotripsy device market.

Get Your Free Sample Report Now – Explore Exclusive Market Insights:

https://www.thebusinessresearchcompany.com/sample.aspx?id=12063&type=smp

#What is the Anticipated CAGR of theLithotripsy Devices Market, and What Factors Will Drive It?

There has been a significant expansion in the market size of lithotripsy devices in the recent past. The market is expected to surge from $1.25 billion in 2024 to $1.31 billion in 2025, showcasing a compound annual growth rate (CAGR) of 5.0%. Factors influencing growth during the historical period include the advent of extracorporeal shock wave lithotripsy (ESWL), the influence of clinical research and evidence, the inclination of patients towards non-invasive procedures, market integration within healthcare facilities, regulatory compliance and standards, as well as advancements in physician education and training.

In the coming years, the market size of lithotripsy devices is anticipated to experience robust growth. The market is projected to expand to a value of $1.63 billion by 2029, with a compound annual growth rate (CAGR) of 5.5%. This expansion during the forecast period is influenced by factors such as rising incidents of urolithiasis, an increasing number of elderly people, the shift towards procedures that are minimally invasive, a preference for treatments carried out in an outpatient setting, and growing use of techniques that do not require sedation. The forecast period will likely see trends such as the use of disposable devices, collaborative care from multiple disciplines, the integration of remote monitoring and telemedicine, non-invasive alternatives, and home-based lithotripsy becoming more widespread.

You can Directly Purchase the Report Here:

https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=12063

Which Upcoming Market Trends and Innovations Are Set to Influence theLithotripsy Devices Market’s Path Forward?

The lithotripsy device market is seeing increasing popularity in key trends such as technological advancements. To maintain their market status, prominent companies in this sector are putting their efforts into creating technologically sophisticated devices. For example, in January 2022, a leading lithotripsy and other medical device producer based in the US, Cardiovascular Systems Inc., came up with an intravascular lithotripsy technology catering to peripheral and coronary artery diseases. This groundbreaking system equips Cardiovascular Systems Inc to present solutions that can tend to a wide array of calcific coronary lesions.

Who Are the Dominant Market Players Pushing the Boundaries of theLithotripsy Devices Market?

Major companies operating in the lithotripsy devices market include Siemens AG, Becton Dickinson and Company, Boston Scientific Corporation, Cook Medical LLC, Shockwave Medical Inc., Lumenis Ltd., EDAP TMS S.A., Dornier MedTech GmbH, Electro Medical Systems S.A., Allengers Medical Systems Limited, DirexGroup, Medispec Ltd., Elmed Medical Systems Ltd., Convergent Laser Technologies, MTS Medical, NOVAmedtek LLC, EMD Medical Technologies, NIDHI Meditech Systems (NMS), Olympus Scientific Solutions Americas Corporation, Richard Wolf India Private Ltd., Karl Storz SE & Co. KG, Technomed Systems Private Limited, Shenzhen Wikkon Medical Apparatus Co. Ltd., Inceler Medikal Ltd. Sti, Cliniva Healthcare.

Order Your Report Now For A Swift Delivery:

https://www.thebusinessresearchcompany.com/report/lithotripsy-devices-global-market-report

#thebusinessresearchcompany #marketresearch #marketintelligence

The lithotripsy devices market covered in this report is segmented –

1) By Type: Extracorporeal Shock Wave Lithotripsy Devices, Intracorporeal Lithotripsy Devices, Laser Lithotripsy Devices, Electrohydraulic Lithotripsy Devices, Ultrasonic Lithotripsy Devices, Mechanical Lithotripsy Devices

2) By Applications: Kidney Stones, Ureteral Stones, Pancreatic Stones, Bile Duct Stones

3) By End-User: Hospitals, Ambulatory Surgical Centers, Other End Users

Subsegments:

1) By Extracorporeal Shock Wave Lithotripsy Devices: High-Energy Shock Wave Devices, Low-Energy Shock Wave Devices

2) By Intracorporeal Lithotripsy Devices: Ultrasound Lithotripsy Devices, Electrohydraulic Lithotripsy Devices

3) By Laser Lithotripsy Devices: Holmium Laser Devices, Neodymium-YAG Laser Devices

4) By Electrohydraulic Lithotripsy Devices: Pneumatic Devices, Hydraulic Devices

5) By Ultrasonic Lithotripsy Devices: Ultrasonic Fragmentation Devices

6) By Mechanical Lithotripsy Devices: Grasping Devices, Crushing Devices

Gain Exclusive Market Insights—Customize Your Research Report Today for Fast Delivery!

https://www.thebusinessresearchcompany.com/customise?id=12063&type=smp

What Regions Are Dominating the Lithotripsy Devices Market Growth?

North America was the largest region in the lithotripsy devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the lithotripsy devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Browse Through More Reports Similar to the Gobal Lithotripsy Devices Maret 2025, By The Business Research Company:

Metal Matrix Composite Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/metal-matrix-composite-global-market-report

Metal Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/metal-global-market-report

Metal Valve Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/metal-valve-global-market-report

About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: