Global Extracorporeal Shockwave Therapy ESWT Devices Market was valued at USD 0.7 Billion in 2022 and is projected to reach USD 1.3 Billion by 2030, growing at a CAGR of 8.2% from 2024 to 2030.
The Global Extracorporeal Shockwave Therapy (ESWT) devices market has been expanding due to the increasing adoption of non-invasive treatments for various musculoskeletal disorders. With advancements in technology, ESWT devices are becoming more effective, providing faster recovery times for patients. The market is experiencing significant growth, driven by the rising prevalence of chronic conditions such as plantar fasciitis, tendinitis, and calcific shoulder tendinopathy. Moreover, the increasing preference for outpatient and non-surgical treatments is contributing to the market’s expansion. The growing number of clinics and hospitals offering ESWT therapies is expected to propel the market further. Key players are focusing on developing advanced shockwave therapy devices with higher precision and greater patient comfort, which is anticipated to attract a larger consumer base, thus positively impacting the market growth in the coming years.
Additionally, the Global market for ESWT devices is poised to witness substantial growth opportunities due to increasing healthcare awareness and the trend toward personalized medicine. As patients demand more effective and individualized treatment options, ESWT is gaining traction due to its targeted treatment capabilities, minimal side effects, and non-invasive nature. The market’s growth is also fueled by the growing acceptance of ESWT in the rehabilitation of athletes and sports injuries. In emerging markets, rising disposable incomes, coupled with greater healthcare infrastructure development, are expected to provide new opportunities for market players. Furthermore, ongoing research and development activities are expected to lead to the introduction of novel and more efficient ESWT devices, expanding their application scope and boosting market growth across various regions Globally.
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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 Gloabl Extracorporeal Shockwave Therapy ESWT Devices Market
Radial Shockwave Therapy (RSWT) Devices
Focused Shockwave Therapy (FSWT) Devices
Combined Shockwave Therapy Devices
Orthopedic Applications
Physiotherapy Applications
Urology Applications
Hospitals
Physiotherapy Clinics
Sports Medicine Clinics
Orthopedic Clinics
Home Care Settings
Pneumatic Technology
Electrohydraulic Technology
Piezoelectric Technology
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
US (Global, US 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 Gloabl 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. Gloabl Extracorporeal Shockwave Therapy ESWT Devices Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Gloabl Extracorporeal Shockwave Therapy ESWT Devices Market, By Type
6. Gloabl Extracorporeal Shockwave Therapy ESWT Devices Market, By Application
7. Gloabl Extracorporeal Shockwave Therapy ESWT Devices Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. Gloabl Extracorporeal Shockwave Therapy ESWT Devices Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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