Intracorporeal Lithotripsy Device Market was valued at USD 1.25 Billion in 2022 and is projected to reach USD 2.10 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
The intracorporeal lithotripsy device market is an essential part of the healthcare industry, primarily used for the non-invasive treatment of kidney stones and other urinary tract obstructions. This medical technology utilizes shock waves or lasers to break down stones, allowing them to be easily passed through the urinary tract. Intracorporeal lithotripsy devices are crucial in offering a minimally invasive alternative to traditional surgery, which requires longer recovery times and carries more risks. The market for these devices is growing due to the increasing prevalence of kidney stones and urinary tract disorders worldwide, as well as the rising demand for non-invasive treatment options in medical facilities. This report focuses on the market segmented by application, specifically exploring its use across hospitals, ambulatory surgery centers, and other healthcare facilities.
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The intracorporeal lithotripsy device market is primarily segmented into three major application areas: hospitals, ambulatory surgery centers, and others. The hospital segment holds the largest share of the market due to the high volume of patients requiring urological procedures such as lithotripsy. Hospitals provide advanced medical care, including specialized facilities and expert staff for managing complex cases, making them the most common setting for lithotripsy treatments. Hospitals also have the infrastructure for recovery and post-procedure care, which further drives their preference for using intracorporeal lithotripsy devices. The rising incidence of kidney stones and increasing hospital admissions due to urological conditions have contributed to the growth of the market in this segment. As healthcare technology advances, hospitals continue to adopt state-of-the-art equipment to enhance patient outcomes and treatment efficiency, including the integration of minimally invasive solutions like intracorporeal lithotripsy.
In addition to hospitals, ambulatory surgery centers (ASCs) represent another significant application segment in the intracorporeal lithotripsy device market. ASCs are specialized healthcare facilities that provide same-day surgical care, which is a key factor driving their adoption of lithotripsy devices. These centers are increasingly popular due to their cost-effectiveness, shorter recovery times, and the ability to perform less complex procedures outside of hospital settings. ASCs offer a more affordable alternative to hospital-based procedures, which is appealing to patients and healthcare providers alike. With the increasing demand for outpatient surgeries and minimally invasive treatments, the use of intracorporeal lithotripsy devices in ASCs is expected to rise. ASCs also benefit from the ability to treat a large number of patients in a shorter timeframe, further bolstering the segment's growth.
Several key trends are shaping the intracorporeal lithotripsy device market, influencing its growth and development. One of the major trends is the growing preference for minimally invasive treatments, as patients seek options that minimize recovery time, reduce hospital stays, and lower overall costs. This has led to a shift from traditional surgical procedures to more advanced technologies such as laser and shock wave lithotripsy, which are less invasive and require fewer post-operative interventions. Additionally, advancements in technology have improved the precision, safety, and efficiency of these devices, contributing to their broader adoption across healthcare settings.
Another prominent trend is the increasing adoption of outpatient treatment centers, including ambulatory surgery centers, for procedures like lithotripsy. ASCs are particularly appealing due to their ability to offer high-quality care at a fraction of the cost of traditional hospital-based treatments. Moreover, the rising prevalence of kidney stones globally, especially among aging populations and individuals with lifestyle risk factors such as obesity and dehydration, is driving the demand for effective treatment solutions. As a result, the market for intracorporeal lithotripsy devices is expected to expand in response to these demographic and healthcare shifts.
The intracorporeal lithotripsy device market presents significant opportunities for growth, especially in emerging markets where healthcare infrastructure is rapidly developing. Countries in regions like Asia Pacific, the Middle East, and Latin America are witnessing a surge in healthcare investments, creating opportunities for the expansion of lithotripsy device use. Furthermore, as medical technology becomes more advanced, there is an opportunity to innovate and create devices that are more effective, user-friendly, and adaptable to a wider range of patients. The development of mobile lithotripsy devices that can be used in outpatient settings is another opportunity to increase access to treatment in rural or underserved areas.
There is also potential for growth in the adoption of combination devices that integrate multiple functions, such as lasers and shock wave technologies, into a single device. This innovation can enhance the versatility of lithotripsy procedures and provide more comprehensive treatment options for patients. Additionally, partnerships between device manufacturers and healthcare providers can foster the development of tailored solutions that address specific patient needs. These opportunities, combined with an increasing focus on cost-effective, minimally invasive treatments, position the intracorporeal lithotripsy device market for continued expansion in the coming years.
1. What is an intracorporeal lithotripsy device used for?
An intracorporeal lithotripsy device is used to break down kidney stones and urinary tract obstructions using shock waves or lasers, allowing them to be passed more easily.
2. How does intracorporeal lithotripsy work?
The device uses focused shock waves or laser energy to fragment kidney stones, making them small enough to be passed through the urinary system.
3. Is intracorporeal lithotripsy a painful procedure?
The procedure is minimally invasive and generally involves little pain, though some patients may experience mild discomfort after treatment.
4. What are the advantages of intracorporeal lithotripsy over traditional surgery?
Intracorporeal lithotripsy is minimally invasive, reduces recovery time, and lowers the risk of complications compared to traditional surgery.
5. Who is a candidate for intracorporeal lithotripsy?
Candidates for intracorporeal lithotripsy are typically individuals with kidney stones that cannot pass naturally or are too large to be safely passed without treatment.
6. What is the recovery time for intracorporeal lithotripsy?
Most patients recover within a few days to a week, depending on the size of the stones and the complexity of the procedure.
7. Can intracorporeal lithotripsy be performed in ambulatory surgery centers?
Yes, ambulatory surgery centers are commonly used for intracorporeal lithotripsy procedures due to their cost-effectiveness and ability to handle outpatient treatments.
8. Are there any risks associated with intracorporeal lithotripsy?
Potential risks include infection, bleeding, and injury to surrounding tissues, though these risks are minimal with proper procedure techniques.
9. How does the intracorporeal lithotripsy device market grow?
The market is growing due to increasing demand for minimally invasive treatments, advancements in technology, and rising cases of kidney stones worldwide.
10. What is the cost of an intracorporeal lithotripsy device?
The cost of the device varies depending on the technology and manufacturer but generally ranges from thousands to tens of thousands of dollars.
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Siemens
Storz Medical AG
Boston Scientific Corporation
Olympus Corporation
Richard Wolf
DirexGroup
NOVAmedtek
Dornier Medtech
Medispec
Walz Elektronik
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 Intracorporeal Lithotripsy Device Market
Hospital
Ambulatory Surgery Center
Others
Based on Types the Market is categorized into Below types that held the largest Intracorporeal Lithotripsy Device market share In 2023.
Laser Lithotripsy Device
Electrohydraulic Lithotripsy Device
Ultrasonic Lithotripsy Device
Mechanical Lithotripsy Device
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)
1. Introduction of the Global Intracorporeal Lithotripsy Device 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 Intracorporeal Lithotripsy Device Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Intracorporeal Lithotripsy Device Market, By Type
6. Global Intracorporeal Lithotripsy Device Market, By Application
7. Global Intracorporeal Lithotripsy Device Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Intracorporeal Lithotripsy Device Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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