Global Extracorporeal Shock Wave Therapy Device (ESWT) Market Growth 2023-2029

Global Extracorporeal Shock Wave Therapy Device (ESWT) Market Growth 2023-2029

Extracorporeal Shock Wave Therapy (ESWT) is a noninvasive, FDA-approved technology that uses shock waves to treat chronic, painful conditions of the musculoskeletal system. The procedure has also proven to be extremely effective for improved penile function. ESWT produces intense, short energy waves that travel faster than the speed of sound. This shock wave, in turn, generates pulses of high pressure sound that travel through the skin, initiating tissue repair. ESWT can often heal even chronic conditions that the body has previously been unable to repair on its own. The weak shock waves interact with deep tissue where they cause mechanical stress and microtra uma that stimulate the body to jump into action.

LPI (LP Information)' newest research report, the “Extracorporeal Shock Wave Therapy Device (ESWT) Industry Forecast” looks at past sales and reviews total world Extracorporeal Shock Wave Therapy Device (ESWT) sales in 2022, providing a comprehensive analysis by region and market sector of projected Extracorporeal Shock Wave Therapy Device (ESWT) sales for 2023 through 2029. With Extracorporeal Shock Wave Therapy Device (ESWT) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Extracorporeal Shock Wave Therapy Device (ESWT) industry.

This Insight Report provides a comprehensive analysis of the global Extracorporeal Shock Wave Therapy Device (ESWT) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Extracorporeal Shock Wave Therapy Device (ESWT) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Extracorporeal Shock Wave Therapy Device (ESWT) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Extracorporeal Shock Wave Therapy Device (ESWT) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Extracorporeal Shock Wave Therapy Device (ESWT).

The global Extracorporeal Shock Wave Therapy Device (ESWT) market size is projected to grow from US$ 97.1 million in 2022 to US$ 208.3 million in 2029; it is expected to grow at a CAGR of 208.3 from 2023 to 2029.

The Extracorporeal shock wave therapy (ESWT) devices have developed for more than twenty years rapidly, currently these devices are widely used in physical therapy room, hospitals, clinics, sports center, corporations, governmental agencies, schools and other medical institutions etc., especially in Europe and North America. Europe and North America are dominating the ESWT market, but to the developing regions, the ESWT devices relatively are new things, especially in China, Southeast Asia, India and the Africa regions. In China, the ESTW devices are mainly used in the first rate hospitals, athletic club, enterprise users and some clinics.

The global ESWT devices market is dominated by few players from Switzerland, UK, Germany, and United States, like Chattanooga (DJO), BTL from UK, Storz Medical and EMS DolorClast from Switzerland, while MTS Medical, Zimmer MedizinSysteme and Likamed GmbH from Germany. There are several middle and small size players from South Korea, Turkey, Belgium, and China, like Gymna from Belgium, HANIL-TM, HnT Medical and Urontech from Korea, Inceler Medikal from Turkey, while Wikkon, Longest, Xiangyu Medical and Shengchang Medical from China. The key technology of ESWT is in the hand of the top players like Chattanooga (DJO), BTL and EMS DolorClast, and most of Chinese players rely on importing the key critical components and assembled in China, lack of key technologies, high costs, low price, low-quality and full of competition.

In terms of product, the table-top or portable or desktop ESWT devices are the fastest-growing segment due to lightweight, easy to carry and use.

This report presents a comprehensive overview, market shares, and growth opportunities of Extracorporeal Shock Wave Therapy Device (ESWT) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Table-top/Portable ESWT

Hand-push Type ESWT

Segmentation by application

Medical Institutions

Physical Therapy and Sports Center

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Chattanooga (DJO)

BTL Corporate

Storz Medical

EMS DolorClast

MTS Medical

Zimmer MedizinSysteme

Dornier MedTech GmbH

ASTAR

Richard Wolf GmbH

Gymna

Likamed GmbH

Inceler Medikal

HANIL-TM

HnT Medical

Urontech

Wikkon

Xiangyu Medical

Shengchang Medical Devices

Shenzhen Oceanus Medical Device

Key Questions Addressed in this Report

What is the 10-year outlook for the global Extracorporeal Shock Wave Therapy Device (ESWT) market?

What factors are driving Extracorporeal Shock Wave Therapy Device (ESWT) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Extracorporeal Shock Wave Therapy Device (ESWT) market opportunities vary by end market size?

How does Extracorporeal Shock Wave Therapy Device (ESWT) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.