Extracorporeal Shock Wave Therapy Device Market Forecast 2024 to 2032

Extracorporeal Shock Wave Therapy Device Market Forecast 2024 to 2032

Extracorporeal Shockwave Therapy (ESWT), otherwise referred to as shockwave therapy was first introduced into clinical practices for managing and treating urological conditions. Later this therapy has been in physiotherapy, sports medicine, urology, orthopaedics, and podiatry to provide fast pain relief and increased mobility. ESWT device is an electronic device used to bring out low-energy sound waves that precisely interface with the affected area of the body via gel medium. These devices are rapidly gaining popularity among hospitals, clinics, and rehabilitation centers to treat several indications leading to chronic and acute pain and help to speed up the process of recovery among patients with chronic and sub-chronic processes of painful bones, myoskeletal tissues, soft tissues and spots.

Report Overview
The Extracorporeal Shock Wave Therapy Device Market was valued at USD 114.05 million in 2022 and is expected to register CAGR of 6.21% by 2032.

The improvement of drugs, greater usage of contemporary technology in hospitals and clinics, and advancements in research and development activities all contribute to the expansion of the global shock wave therapy system market. The market is anticipated to expand significantly due to the desire for cutting-edge treatment options.

The Extracorporeal Shock Wave Therapy Device industry is segmented By Type (Table-top/Portable ESWT Device, Hand-push Type ESWT Device), By Application (Medical Institutions, Physical Therapy and Sports Center)

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Report Coverage:

 Market Restraints

High cost of Extracorporeal Shockwave Therapy (ESWT) devices, low awareness about the advantages of ESWT, and inaccessibility to deploy advanced shockwave therapy devices in small to medium scale healthcare centers due to budget constraints are certain factors that can hamper overall market growth during the forecast period.

Key Companies

Chattanooga(DJO)(US)
BTL(UK)
Storz Medical(Switzerland)
EMS Electro Medical Systems(Switzerland)
MTS Medical(Germany)
Zimmer MedizinSysteme(Germany)
Gymna(Belgium)
Likamed GmbH(Germany)
Inceler Medikal(Turkey)
HANIL-TM(Korea)
HnT Medical(Korea)
Urontech(Korea)
Wikkon(China)
Longest(China)
Xiangyu Medical(China)
Shengchang Medical(China)

Our report takes into consideration revenues of all the Tier 1, 2, 3 players in the market.

Chapter Outline:

Chapter 1: This sector covers brief information about key products sold in the global Extracorporeal Shock Wave Therapy Device market along with details about market size, growth rates of different segments including type and application, drivers, restraints, challenges, and growth opportunities.

Chapter 2: This section provides detailed information about current and emerging market trends, development plans for coming years and production capacities

Chapter 3: This section covers the analysis of competitive developments among the market players including agreements, expansions, collaborations, and new product launches, complete profiles of all key players along with details about key strategies.

Chapter 4: The report offers detailed information on different types of Extracorporeal Shock Wave Therapy Device Market based on sales, revenue and price

Chapter 5: This chapter focuses on various applications of Extracorporeal Shock Wave Therapy Device Market by sales, revenue and price

Chapter 6: These sectors provide a brief about 5 regions covered in the report including North America, Europe, Asia Pacific, Latin America, and Middle East and Africa along with the countries in terms of revenue, sales, trends, and recent advancements.

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Key Questions Addressed in the report Include:

Which market segments are generating the most revenue?

What is the geographical outlook for various market segments?

Where are the future investment opportunities considering the recent trends?

What is the effect of various market dynamics on the market and how will the market shape in future?

Which are Potential & niche segments and regions exhibiting promising growth?

What are the current challenges in Extracorporeal Shock Wave Therapy Device Market?

Who are the major players in the Extracorporeal Shock Wave Therapy Device Market and what does market share analysis looks like?

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