Shock Wave Therapy Device Market Growth 2023-2031

The ‘Global Shock Wave Therapy Device Market Report and Forecast 2023-2031’ by Expert Market Research gives an extensive outlook of the global shock wave therapy device market, assessing the market on the basis of its segments like technologies, modalities, applications, end uses, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

Shock Wave Therapy Device Market Share, Size, Price, Industry Trends, Report, Key Player, Major Segments, and Forecast

Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/shock-wave-therapy-device-market/requestsample

The key highlights of the report include:

Market Overview (2016-2031)

  • Forecast CAGR (2023-2031): 7.7%

Shock wave therapy device improves blood flow in the body, accelerates the healing process, enhances cell activity, improves defence against harmful contaminants, and increases the efficiency of central nervous system. Hence, these advantages offered by this treatment are bolstering its reliability, thereby, adding to the shock wave therapy device market growth.

The increasing prevalence of cardiovascular and musculoskeletal disorders owing to sedentary lifestyles led by a growing segment of the population worldwide is leading to an expansion of shock wave therapy treatment infrastructure across healthcare units. The growing geriatric population and associated cases of urological diseases are escalating the shock wave therapy device market growth. In addition, cases of erectile dysfunction are also emerging as a modern-day problem among men, fuelled by hectic and stressful lifestyles.

The growing health awareness, rising healthcare expenditure across the developing economies, and favourable reimbursement policies of various governments are some of the crucial market driving factors.

Other Post You May Be Interested In

Shock Wave Therapy Device Industry Definition and Major Segments

Shock wave therapy, also referred as extracorporeal shock wave therapy, is a treatment of musculoskeletal, cardiovascular, and orthopaedic diseases, among others. This therapy uses shock waves which target specific areas of the body, for pain relief or other treatment purposes. Since the start of 1990s, it has been considered a successful non-invasive treatment option.

Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/shock-wave-therapy-device-market

Based on technology, the market can be segmented into:

  • Focused
    • Electromagnetic
    • Electrohydraulic
    • Piezoelectric
  • Radial or Ballistic
  • Combined

On the basis of modality, the market has been classified into:

  • Portable
  • Fixed

Based on application, the market can be categorised into:

  • Orthopaedic
  • Cardiology
  • Erectile Dysfunction
  • Urology
  • Others

On the basis of end use, the market can be segmented into:

  • Hospitals
  • Clinics
  • Rehab Centres
  • Others

By region, the market can be categorised into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Shock Wave Therapy Device Market Trends

The key trends in the global shock wave therapy device market include technological advancements in healthcare expenditure in both developed and developing economies, which are propelling the standards of diagnostics and treatment procedures of chronic diseases. The increasing incorporation of modern equipment across hospitals and clinics is further improving the quality of shock wave therapy.

Over the forecast period, the anticipated increase in penetration of artificial intelligence is expected to further enhance the efficiency of this treatment. The growing research and development activities by the major market players, facilitating the development of high-energy and audible shock waves, are crucial trends in the shock wave therapy device market, improving the treatment facilities.

In geographical terms, North America accounts for a sizable share in the market, which is being driven by factors such as high healthcare expenditure across strong economies such as the United States. Increasing elderly population in the region is further propelling the market growth.

Key Market Players

The major players in the shock wave therapy device market report are BTL Medical Technologies s.r.o., Zimmer MedizinSysteme GmbH, Dornier MedTech GmbH, Electro Medical Systems S.A., Storz Medical AG, and Guangzhou Longest Science & Technology Co., Ltd., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us :

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today’s competitive market.

Don’t miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation’s future success by acquiring one of our Expert Market Research reports today.

Media Contact:

Company Name: Claight Corporation
Contact Person: Jhon Roy, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

SHARE NOW

Leave a Reply

Your email address will not be published. Required fields are marked *