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Shock Wave Therapy Devices Market Trends

  • Report ID: GMI3189
  • Published Date: Feb 2024
  • Report Format: PDF

Shock Wave Therapy Devices Market Trends

The market is experiencing several notable trends that are shaping its growth and development. Factors such as continuous innovations in technology, rising demand for portable shock wave therapy devices, surging demand for integrated advanced technologies, growing focus on patient-centric care, among other factors are propelling the industry landscape.
 

  • Further, there is a rising demand for portable shock wave therapy devices that offer flexibility and convenience in clinical settings. Portable devices allow healthcare practitioners to easily provide shock wave therapy in a variety of settings, including clinics, sporting facilities, and distant places, increasing access to treatment alternatives.
     
  • Moreover, advanced technologies such as focused shock waves, electromagnetic mechanisms, and real-time imaging guiding are being integrated by manufacturers into shock wave therapy devices. These innovations enhance treatment accuracy, therapeutic outcomes, and patient safety, contributing to market growth and differentiation among competitors.
Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

Shock wave therapy devices market size was USD 174.6 million in 2023 and is expected to register 4.9% CAGR from 2024-2032 owing to the increasing incidence of musculoskeletal disorders, ongoing technology advancements, and growing aging population worldwide.

Shock wave therapy devices industry from the focused shockwave generation segment recorded USD 102.6 million in 2023 due to their ability to reduce patient pain and the risk of side effects associated with unfocused shockwave therapy.

North America shock wave therapy devices industry reached USD 69 million in 2023 and is expected to register a commendable CAGR from 2024-2032 due to technological advancements and innovation in healthcare in the region.

Boston Scientific Corporation, BTL Corporate, Becton, Dickinson and Company (C. R. Bard, Inc.), Dornier MedTech., Edaptms TMS, EMS DolorClast, Lumenis Ltd., Olympus Corporation, and Siemens Healthineers AG are some of the major shock wave therapy devices companies worldwide.

Shock Wave Therapy Devices Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 287
  • Countries covered: 22
  • Pages: 160
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