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Global Shock Wave Therapy Device Market: By Technology: Focused, Radial or Ballistic, Combined; By Modality: Portable, Fixed; By Application: Orthopaedic, Cardiology, Erectile Dysfunction, Urology; By End Use; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Shock Wave Therapy Device Market Outlook

The global shock wave therapy device market witnessed a healthy growth in the historical period of 2016-2020, aided by the demand for hassle-free treatment techniques. The market is expected to grow at a CAGR of 6% during the forecast period of 2021-2026.

 

Shock Wave Therapy Device Market

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North America Leading the Global Market for Shock Wave Therapy Device

North America is expected to have a major share in the market in terms of revenue owing to improved medications, advancement in R&D, and increased usage of modern instruments in laboratories and hospitals. The rising prevalence of bone diseases and the geriatric population in the Asia Pacific is expected to contribute to the growth of the global shock wave therapy device industry. Moreover, the increasing demand for new treatment options is also expected to spur the shock wave therapy device industry growth in the Asia Pacific region. The Middle East and Africa and Latin America are expected to show moderate growth due to increasing medical facilities and awareness in the regions.

 

Shock Wave Therapy Device Market by Application

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Shock Wave Therapy Device: Industry Definition and Segmentation

Shock wave therapy, also known as extracorporeal shock wave therapy (ESWT) is a non-invasive treatment being used in areas like physical therapy, orthopaedics, cardiology, and urology. The therapy is known to be very efficient for pain management. It is carried out using specialised devices called shock wave therapy devices.

By technology, the market can be divided into:

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

Based on modality, the market can be divided into:

  • Portable
  • Fixed

By application, the market is segmented into:

  • Orthopaedic
  • Cardiology
  • Erectile Dysfunction
  • Urology
  • Others

By end use, the market can be divided into:

  • Hospitals
  • Clinics
  • Rehab Centres
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Shock Wave Therapy Device Market by Region

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Demand for Hassle-Free Techniques is Driving the Market Growth

The advancement in research and development activities, increased usage of modern equipment in hospitals and clinics, and improved medications are driving the global shock wave therapy device industry growth. The market is expected to register significant growth owing to the demand for technologically advanced treatment methods. The increasing prevalence of bone diseases in the geriatric population is providing an impetus for the market growth. In addition to this, the shock wave therapy device also helps in increasing cellular activity in the body, which is further aiding the growth of the shock wave therapy device industry.

 

Key Industry Players in the Global Shock Wave Therapy Device Market

The report gives a detailed analysis of the following key players in the global shock wave therapy device market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • BTL Medical Technologies s.r.o.
  • Zimmer MedizinSysteme GmbH
  • Dornier MedTech GmbH
  • Electro Medical Systems S.A.
  • Storz Medical AG
  • Guangzhou Longest Science & Technology Co., Ltd.
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on Porter's five forces model, along with giving a SWOT analysis.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Shock Wave Therapy Device Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Shock Wave Therapy Device Historical Market (2016-2020) 
    8.3    Global Shock Wave Therapy Device Market Forecast (2021-2026)
    8.4    Global Shock Wave Therapy Device Market by Technology
        8.4.1    Focused
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
            8.4.1.4    Breakup by Type
                8.4.1.4.1    Electromagnetic
                    8.4.1.4.1.1    Market Share
                    8.4.1.4.1.2    Historical Trend (2016-2020)
                    8.4.1.4.1.3    Forecast Trend (2021-2026)
                8.4.1.4.2    Electrohydraulic
                    8.4.1.4.2.1    Market Share
                    8.4.1.4.2.2    Historical Trend (2016-2020)
                    8.4.1.4.2.3    Forecast Trend (2021-2026)
                8.4.1.4.3    Piezoelectric
                    8.4.1.4.3.1    Market Share
                    8.4.1.4.3.2    Historical Trend (2016-2020)
                    8.4.1.4.3.3    Forecast Trend (2021-2026)
        8.4.2    Radial or Ballistic
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Combined
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
    8.5    Global Shock Wave Therapy Device Market by Modality  
        8.5.1    Portable
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Fixed
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
    8.6    Global Shock Wave Therapy Device Market by Application
        8.6.1    Orthopaedic
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Cardiology
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Erectile Dysfunction
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Urology
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2016-2020)
            8.6.4.3    Forecast Trend (2021-2026)
        8.6.5    Others
    8.7    Global Shock Wave Therapy Device Market by End Use
        8.7.1    Hospitals
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2016-2020)
            8.7.1.3    Forecast Trend (2021-2026)
        8.7.2    Clinics
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2016-2020)
            8.7.2.3    Forecast Trend (2021-2026)
        8.7.3    Rehab Centres
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2016-2020)
            8.7.3.3    Forecast Trend (2021-2026)
        8.7.4    Others
    8.8    Global Shock Wave Therapy Device Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape
    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    BTL Medical Technologies s.r.o.
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Zimmer MedizinSysteme GmbH
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Dornier MedTech GmbH
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Electro Medical Systems S.A.,
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Storz Medical AG
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Guangzhou Longest Science & Technology Co., Ltd. 
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Others
13    Industry Events and Developments

 

List of Figures and Tables

1.    Global Shock Wave Therapy Device Market: Key Industry Highlights, 2016 and 2026
2.    Global Shock Wave Therapy Device Historical Market: Breakup by Technology (USD Billion), 2016-2020
3.    Global Shock Wave Therapy Device Market Forecast: Breakup by Technology (USD Billion), 2021-2026
4.    Global Shock Wave Therapy Device Historical Market: Breakup by Modality (USD Billion), 2016-2020
5.    Global Shock Wave Therapy Device Market Forecast: Breakup by Modality (USD Billion), 2021-2026
6.    Global Shock Wave Therapy Device Historical Market: Breakup by Application (USD Billion), 2016-2020
7.    Global Shock Wave Therapy Device Market Forecast: Breakup by Application (USD Billion), 2021-2026
8.    Global Shock Wave Therapy Device Historical Market: Breakup by End Use (USD Billion), 2016-2020
9.    Global Shock Wave Therapy Device Market Forecast: Breakup by End Use (USD Billion), 2021-2026
10.    Global Shock Wave Therapy Device Historical Market: Breakup by Region (USD Billion), 2016-2020
11.    Global Shock Wave Therapy Device Market Forecast: Breakup by Region (USD Billion), 2021-2026
12.    North America Shock Wave Therapy Device Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    North America Shock Wave Therapy Device Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Europe Shock Wave Therapy Device Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Europe Shock Wave Therapy Device Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Asia Pacific Shock Wave Therapy Device Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Asia Pacific Shock Wave Therapy Device Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Latin America Shock Wave Therapy Device Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Latin America Shock Wave Therapy Device Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    Middle East and Africa Shock Wave Therapy Device Historical Market: Breakup by Country (USD Billion), 2016-2020
21.    Middle East and Africa Shock Wave Therapy Device Market Forecast: Breakup by Country (USD Billion), 2021-2026
22.    Global Shock Wave Therapy Device Market Structure

Key Questions Answered in the Report

The global shock wave therapy device market is projected to grow at a CAGR of 6% between 2021 and 2026.

The major drivers of the industry, such as increasing prevalence of bone diseases, advancements in R&D, and demand for hassle-free treatment methods, are expected to aid the market growth.

The key trend guiding the growth of the market is a rise in demand for minor surgeries.

The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America leading the market.

The major technologies in the market include focused, radial, or ballistic and combined. Focused technology can be further divided into electromagnetic, electrohydraulic, and piezoelectric.

The market can be divided based on modality into portable and fixed by modality.

The major application segments in the industry are orthopaedic, cardiology, erectile dysfunction, and urology, among others.

The leading end use sectors in the industry are hospitals, clinics, and rehab centres, among others.

The major players in the industry 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.

Analyst Review

The global shock wave therapy device market is being driven by the rising demands for hassle-free treatment methods. Aided by increasing R&D activities and technological advancements, the market is expected to witness further growth in the forecast period of 2021-2026, growing at a CAGR of 6%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By technology, the market can be bifurcated into focused, radial or ballistic, and combined. Based on modality, the market is segmented into portable and fixed. By application, the industry can be divided into orthopaedic, cardiology, erectile dysfunction, and urology, among others. Based on end uses, the industry is majorly divided into hospitals, clinics, and rehab centres, among others. The major regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest market share. The key players in the above market include 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.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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