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Analyzing the Growth Rate of the Rigid Endoscopic Lithotripsy Devices Market: What’s the Expected CAGR for the Next Decade?

The market size for rigid endoscopic lithotripsy devices has seen vigorous growth in the past few years. Projected to rise from $4 billion in 2024 to $4.3 billion in 2025, this market will experience a compound annual growth rate (CAGR) of 7.6%. The notable expansion during the historic period was driven by factors such as an increase in kidney stone cases, an aging population, shortened recovery periods, lesser risk of complications, and heightened awareness about kidney disorders.

The market size for rigid endoscopic lithotripsy devices is predicted to witness significant expansion in the forthcoming years, reaching a value of $5.7 billion in 2029 with a compound annual growth rate (CAGR) of 7.3%. The upsurge during the forecast period can be ascribed to factors such as an increase in urolithiasis cases, governmental initiatives, an escalation in healthcare spending, the expansion of medical tourism, and a transition towards outpatient procedures. Key trends anticipated during the forecast period encompass advanced lithotripsy technologies, technological advancements, cooperative care models, integration with robotic systems, and ergonomic and easy-to-use designs.

What Strategic Factors Are Influencing the Accelerated Growth of the Rigid Endoscopic Lithotripsy Devices Market?

The escalating prevalence of bladder cancer is anticipated to drive the expansion of the rigid endoscopic lithotripsy device market in the future. Bladder cancer is a lethal tumor that commences in the bladder’s lining, frequently inducing symptoms such as blood in the urine, frequent urination, and pelvic discomfort. The escalation in bladder cancer cases can be linked to factors such as heightened exposure to carcinogens such as smoking, industrial chemicals, and environmental impurities, an elderly population, and enhanced diagnostic techniques. Rigid endoscopic lithotripsy devices play a crucial role in dealing with bladder stones and other complications connected with bladder cancer, like obstruction and irritation, and are indispensable in removing remaining tumors and preventing reoccurrences. For example, in March 2024, a Cancer Facts & Figures report in 2024 by The American Cancer Society Inc., a non-profit organization based in the U.S., anticipated that bladder cancer diagnoses in the U.S. will rise from 81,180 new cases in 2022 to 83,190 in 2024. As a result, the increasing prevalence of bladder cancer is propelling the growth of the rigid endoscopic lithotripsy device market.

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What Are the Leading Organizations Impacting the Rigid Endoscopic Lithotripsy Devices Market’s Growth?

Major companies operating in the rigid endoscopic lithotripsy devices market are:

• EDAP TMS S.A.

• Siemens Healthineers

• Boston Scientific Corporation

• Olympus Corporation

• Smith & Nephew plc

What Are the Most Prominent Trends Driving Change in the Rigid Endoscopic Lithotripsy Devices Market?

Principal firms in the rigid endoscopic lithotripsy devices market are embracing tactical alliances to bolster product innovation and increase their market visibility. This tactic, termed strategic collaboration, involves leveraging one another’s assets and capabilities to attain reciprocal benefits and triumphs. For example, in May 2023, Karl Storz SE & Co. KG, a Germany based maker of medical technology, engaged in a partnership with Well Lead Medical Co. Ltd., a Chinese manufacturer of medical catheters, to revolutionize endourology, thereby improving patient care and operation results. This collaboration involves the provision of the ClearPetra suction-evacuation ureteral access sheath with KARL STORZ’s endoscopic visualization devices for comprehensive management of urinary stones, and includes a special arrangement for the distribution of the ClearPetra Stone-Removal System throughout the US.

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What Are the Core Segments of the Rigid Endoscopic Lithotripsy Devices Market, and How Do They Contribute to Growth?

The rigid endoscopic lithotripsy devices market covered in this report is segmented –

1) By Type: Ultrasonic Lithotripsy, Ballistic Lithotripsy, Electrohydraulic Lithotripsy, Laser Lithotripsy

2) By Guidance System: Ureteroscopy, Cystoscopy, Percutaneous Nephrolithotomy

3) By Application: Hospitals, Clinics, Ambulatory Surgical Centers

4) By End-User: Adults, Pediatrics

Subsegments:

1) By Ultrasonic Lithotripsy: Standard Ultrasonic Lithotripsy Devices, Portable Ultrasonic Lithotripsy Devices, Ultrasonic Lithotripsy Systems with Imaging

2) By Ballistic Lithotripsy: Standard Ballistic Lithotripsy Devices, Pneumatic Ballistic Lithotripsy Devices, High-Energy Ballistic Lithotripsy Systems

3) By Electrohydraulic Lithotripsy: Standard Electrohydraulic Lithotripsy Devices, Miniaturized Electrohydraulic Lithotripsy Devices, Automated Electrohydraulic Lithotripsy Systems

4) By Laser Lithotripsy: Holmium Laser Lithotripsy Devices, Pulsed Dye Laser Lithotripsy Devices, Thulium Laser Lithotripsy Devices

What Regions Are Leading the Charge in the Rigid Endoscopic Lithotripsy Devices Market?

North America was the largest region in the rigid endoscopic lithotripsy devices market in 2024. The regions covered in the rigid endoscopic lithotripsy devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

How Is the Rigid Endoscopic Lithotripsy Devices Market Categorized and Defined in the Industry?

Rigid endoscopic lithotripsy devices are specialized medical tools used to break down kidney stones or other calculi within the urinary tract during minimally invasive procedures. These devices are inserted through a rigid endoscope to access the stones and use energy sources such as laser, ultrasonic waves, or pneumatic force to fragment the stones into smaller pieces, allowing for easier removal or natural passage.

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