The global extracorporeal shock wave lithotripsy (ESWL) market is at its developing stage and hence is expected to demonstrate a healthy CAGR during the forecast period from 2015 to 2023. The commercially lucrative nature of the global extracorporeal shock wave lithotripsy market will fuel it in the coming few years.
Rising Prevalence of Kidney and Ureter Stones will Drive Global ESWL Market
Extracorporeal shock wave lithotripsy (ESWL) is one of the most common noninvasive treatments used for ureter stones and kidney stones. This technology applies an external high-intensity pulse to crush the stone(s) while causing minimal damage to the surrounding healthy tissue. The shock waves produced by ESWL technology break stones into small fragments.
Extracorporeal shock wave lithotripsy (ESWL) technology is widely deployed by physicians across the globe due to its noninvasiveness. Furthermore, this technology is preferred by physicians due to its improved recovery time, decreased hospital stay, and reduced pain. With the rising prevalence of ureter stones and kidney stones, the demand for ESWL will grow in the coming few years.
Read Full Article: http://www.transparencymarketresearch.com/article/extracorporeal-shock-wave-lithotripsy-market.htm
Improving Healthcare Infrastructure to Boost Global ESWL Market
The improving healthcare infrastructure in several countries around the world will also propel the global extracorporeal shock wave lithotripsy (ESWL) market. In addition to this, the growing prevalence of obesity and patient awareness about innovative treatment technologies such as extracorporeal shock wave lithotripsy will boost the growth of the global extracorporeal shock wave lithotripsy market.
North America to Dominate Global Extracorporeal Shock Wave Lithotripsy (ESWL) Market
Geographically, the global extracorporeal shock wave lithotripsy (ESWL) market is segmented into Asia Pacific, Europe, North America, and Rest of the World (RoW). At present, North America dominates the global extracorporeal shock wave lithotripsy market. The presence of a large obese population susceptible to kidney stones is expected to aid the growth of the North America ESWL market. Moreover, growing investment in medical device technology and rising R&D in the past few years, along with the increasing number of collaborations, will also drive this regional extracorporeal shock wave lithotripsy market.
Europe is the second largest ESWL market due to the rising investment by various government bodies to support the development of this market. On the other hand, the Asia Pacific extracorporeal shock wave lithotripsy (ESWL) market will benefit from the rapid development of the healthcare infrastructure and technological facilities in countries such as China, India, Japan, and South Korea. Countries such as Brazil and Mexico are attractive markets in the global extracorporeal shock wave lithotripsy market, due to their rising disposable income levels and enhancing medical infrastructure.
Piezoelectric Technique to Dominate Future of Global ESWL Market
By technology, the global extracorporeal shock wave lithotripsy (ESWL) market is segmented into piezoelectric technique, electrohydraulic technique, and electromagnetic technique. Electrohydraulic technique is the original method of creating shockwaves. Hence, this segment holds the largest market share in the global extracorporeal shock wave lithotripsy market. On the other hand, the piezoelectric technique sector is projected to enjoy the highest growth rate in the coming few years.
On the basis of application, the global extracorporeal shock wave lithotripsy (ESWL) market is divided into uretic stones, kidney stones, salivary stones, and pancreatic stones. A handful of players are dominating the global extracorporeal shock wave lithotripsy market. Some of these players are Lumenis, Cook Group, Boston Scientific Corporation, C.R. Bard, Olympus Corporation, Karl Storz, and Siemens.
Browse Full Global Extracorporeal Shock Wave Lithotripsy (ESWL) Market Report With Complete TOC @ http://www.transparencymarketresearch.com/extracorporeal-shock-wave-lithotripsy-market.html
About us:
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
Contact us:
Mr. Sudip S
Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
No comments:
Post a Comment