Extracorporeal Shockwave Therapy ESWT Devices Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.8 Billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030.
The global market for Extracorporeal Shockwave Therapy (ESWT) devices was valued at approximately $650 million in 2022. This market is projected to grow at a compound annual growth rate (CAGR) of 8.3% from 2023 to 2030. The increasing prevalence of musculoskeletal disorders and sports injuries, coupled with the rising demand for non-invasive therapeutic options, is driving the growth of this market. Additionally, advancements in ESWT technology and the increasing adoption of these devices in various therapeutic settings are expected to contribute significantly to market expansion.
Opportunities in the ESWT devices market are driven by the ongoing research and development efforts aimed at enhancing device efficacy and patient outcomes. Emerging markets, particularly in regions like Asia-Pacific and Latin America, present substantial growth potential due to the rising healthcare expenditure and improving access to advanced medical technologies. The growing awareness of the benefits of ESWT and its expanding applications across different medical fields are expected to open new avenues for market players. Investment in innovative ESWT solutions and strategic collaborations are likely to play a crucial role in capitalizing on these opportunities.
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Chattanooga(DJO)(US)
BTL(UK)
Storz Medical(Switzerland)
EMS Electro Medical Systems(Switzerland)
MTS Medical(Germany)
Zimmer MedizinSysteme(Germany)
Gymna(Belgium)
Likamed GmbH(Germany)
Incler Medikal(Turkey)
HANIL-TM(Korea)
HnT Medical(Korea)
Urontech(Korea)
Wikkon(China)
Longest(China)
Xiangyu Medical(China)
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 Extracorporeal Shockwave Therapy ESWT Devices Market
Medical Institutions
Physical Therapy and Sports Center
Others
Based on Types the Market is categorized into Below types that held the largest Extracorporeal Shockwave Therapy ESWT Devices market share In 2023.
Table-top/Portable ESWT Device
Hand-push Type ESWT 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)
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1. Introduction of the Global Extracorporeal Shockwave Therapy ESWT Devices 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 Extracorporeal Shockwave Therapy ESWT Devices Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Extracorporeal Shockwave Therapy ESWT Devices Market, By Type
6. Global Extracorporeal Shockwave Therapy ESWT Devices Market, By Application
7. Global Extracorporeal Shockwave Therapy ESWT Devices Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Extracorporeal Shockwave Therapy ESWT Devices Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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