Global Lithotripsy Device Market

Feb 2020| VMR1624A| Verified Market Research

Report Highlights

Lithotripsy Device Market

According to Verified Market Research, the Global Lithotripsy Device Market was valued at USD 1.3 Billion in 2018 and is projected to reach USD 1.8 Billion by 2026, growing at a CAGR of 4.3% from 2019 to 2026.

Global Lithotripsy Device Market Outlook

An increasing number of kidney stones is the major factor expected to stir up the growth of the lithotripsy device market. Besides, favorable reimbursement for lithotripsy procedure and increase in awareness about kidney health are expected to bolster the global market. Moreover, growing elderly population, technological advancements, and an inclination toward minimally invasive procedures are likely to propel the market across the globe. However, the availability of alternative treatments for stone removal and the adverse effects such as necrosis of vascular wall, intra-abdominal bleeding, and blood tissue damage are some factors, expected to restrain the growth of the market.

Global Lithotripsy Device Market Competitive Landscape

The Global Lithotripsy Device Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Boston Scientific, Olympus America, Dornier Medtech, DirexGroup, Siemens AG, Medispec, Richard Wolf, Storz Medical AG, Walz Elektronik, and Novamedtek. 

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