Extracorporeal Shock Wave Therapy Market Report, Share, and Forecast to 2025Posted by rekha on October 18th, 2019 Precision Business Insights (PBI) in its report titled “Global Extracorporeal Shock Wave Therapy Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2018 and Forecast 2019-2025” assesses the market performance over six years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. The global extracorporeal shock wave therapy market was valued at US$ 246.6 Mn in 2018 and growing at a CAGR of XX% over the forecast period owing to rising prevalence of arthritis and musculoskeletal disorders in various countries around the globe. For instance, according to World Health Organization, approximately 9.6% men and 18.0% women aged over 60 years have symptomatic arthritis around the world. Moreover, growing popularity for minimally invasive surgical procedures for musculoskeletal disorders, rise in R&D for the development of innovative devices, rise in healthcare expenditure, and increase in awareness about rheumatoid arthritis are anticipated to propel the extracorporeal shock wave therapy market over the forecast years. However, high cost of devices and dearth of skilled professionals in underdeveloped countries are expected to hinder the growth of extracorporeal shock wave therapy market over the forecast timeframe. Global extracorporeal shock wave therapy market segmented on the basis of device type, technology, application, end user, and region. For request sample : https://www.precisionbusinessinsights.com/request-sample?product_id=16168 Electrohydraulic Technique segment accounted for higher revenue share Based on device type, global extracorporeal shock wave therapy market segmented into electromagnetic technique, electrohydraulic technique, piezoelectric technique, and radial technique. Electrohydraulic technique accounted US$ XX Mn in 2018 and projected to dominate over the forecast period due to high awareness and acceptability among the physicians. Moreover, increase in the R&D for the development of innovative devices are anticipated to propel the extracorporeal shock wave therapy market over the forecast years. For instance, in March 2016, Sanuwave Health, Inc. received U.S. patent for novel electrode design to increase electrode life in devices used for extracorporeal shockwave therapy. North America is expected to dominate Global Extracorporeal Shock Wave Therapy Market PBI’s global extracorporeal shock wave therapy market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. According to regional analysis, North America is expected to account for larger revenue share in 2018 and the same trend is projected to follow over 2019-2025 owing to increase in prevalence of rheumatoid arthritis in U.S and Canada, sophisticated healthcare infrastructure, availability of trained professionals, and flexible reimbursement policies in the region. Asia-Pacific is expected to show fastest growth rate owing to increasing prevalence of rheumatoid arthritis, developing healthcare infrastructure, and increase in the medical tourism in the region. Key player’s profiles in the report are MedTech GmbH, Boston Scientific Corporation, Cook Group Inc., C.R. Bard Inc., Medtrue Enterprise Co. Ltd., Olympus Corporation, Lumenis Ltd., Siemens AG, and Karl Storz GmbH. Detailed Segmentation By Device Type o Mobile Shock Wave Therapy Devices o Fixed Shock Wave Therapy Devices By Application o Kidney Stones o Pancreatic Stones o Uretic Stones o Salivary Stones o Musculoskeletal Disorders By Technology o Electromagnetic Technique o Electrohydraulic Technique o Piezoelectric Technique o Radial Technique By End User o Hospitals o Physiotherapy Centres o Ambulatory Surgical Centres o Clinics o Radiology Labs o Others Geography o North America
o Europe
o Asia-Pacific
o Latin America
o Middle East and Africa (MEA)
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