Ultrasonic Lithotripter Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 2.0 Billion by 2030, growing at a CAGR of 7.6% from 2024 to 2030.
However, the demand outlook from 2023 to 2033 paints a more dynamic picture. The global healthcare infrastructure has seen advancements, including improved diagnostic capabilities and enhanced treatment options. These developments are pushing the demand for ultrasonic lithotripters even further, particularly in emerging economies where access to modern healthcare facilities is expanding rapidly. In regions such as Asia-Pacific, Latin America, and parts of the Middle East, there has been an increasing focus on developing healthcare infrastructure, leading to rising demand for advanced medical devices like ultrasonic lithotripters.
The development of portable ultrasonic lithotripters and the increasing preference for non-invasive procedures will likely drive further market expansion. Moreover, the rise in outpatient treatments and minimally invasive surgeries, coupled with improvements in healthcare delivery, is expected to reduce patient recovery times and enhance overall treatment outcomes. The technological advancements in ultrasound technology, such as better precision and more efficient stone fragmentation, have significantly contributed to market demand. By 2025, the market is expected to grow at a compound annual growth rate (CAGR) of around 5-7%, with demand rising even further through 2033.
While the outlook remains strong, market growth will be influenced by several factors, including the availability of alternative treatment options such as laser lithotripsy and advancements in pharmaceutical treatments for kidney stones. However, with ultrasonic lithotripters maintaining their position as one of the most effective treatment options for patients with kidney stones, the outlook remains positive.
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The Ultrasonic Lithotripter Market experienced significant growth between 2018 and 2022, driven by advancements in medical technologies and a growing number of kidney stone treatments globally. These devices are primarily used to treat kidney stones by using high-frequency sound waves to break down the stones into smaller fragments that can be easily passed through the urinary tract. With the increasing prevalence of kidney stones, the demand for more effective, non-invasive treatments has fueled market growth during these years. In 2021, the global ultrasonic lithotripter market size was valued at several billion USD, and the trend was expected to continue as healthcare providers adopted advanced technology in urology departments across the world.
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Olympus
Boston Scientific
Siemens Healthcare
STORZ Medical
Richard Wolf Medical Instruments
Allengers Medical Systems
Aymed
CellSonic Medical
Convergent Laser Technologies
Cook Medical
Elmed Electronics & Medical Industry & Trade
EMD Medical Technologies
GEMMS
Gyrus ACMI
Jena Med Tech
Medispec
NOVAmedtek
Shenzhen Huikang (Wikkon) Medical Apparatus
Shenzhen Hyde Medical Equipment
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Ultrasonic Lithotripter Market
Hospital
Clinic
Based on Types the Market is categorized into Below types that held the largest Ultrasonic Lithotripter market share In 2023.
Intracorporeal Lithotripter
Extracorporeal Lithotripter
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Ultrasonic Lithotripter Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Ultrasonic Lithotripter Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Ultrasonic Lithotripter Market, By Type
6. Global Ultrasonic Lithotripter Market, By Application
7. Global Ultrasonic Lithotripter Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Ultrasonic Lithotripter Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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