Lithotripsy Devices Market

Lithotripsy is a non-invasive surgery procedure that is used to treat the kidney stones which are large to pass through the urinary tract. It can be achieved by passing the sharp ultrasonic energy waves or shock waves directly to the stone that is located previously with fluoroscopy or ultrasound. Ultrasonic waves break the stone into the smaller pieces that can pass through urinary system. It was launched in 1980. It works by passing shock waves to the stone of desired site. These shock waves are generated by a machine called a lithotripter and are focused by the x-ray onto the kidney stone. These waves travel into the body through the skin and tissue and finally reach the stone where they break it down into small fragments. This technique has various advantage as it is completely non-invasive procedure, it is used in patients having small kidney stones, which can be easily seen by the X-ray. It can be used in the case of kidney stones where stones are located in the urinary tract, also there may be some or the other reasons for the recommendations of the lithotripsy procedure. Lithotripsy has some types which includes extracorporeal shock wave therapy, intracorporeal lithotripsy, laser lithotripsy, electrohydraulic lithotripsy, mechanical lithotripsy, ultrasonic lithotripsy.  

COVID-19 Scenario Analysis:

To take care of infected population the demand for medical supplies is increasing. Respiratory support device such as atomizer, life-support machine, oxygen generator, and monitor are among the majorly used medical device in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. With rise in number of COVID-19 cases worldwide, the need for medical supplies keeps on rising among, both from healthcare professionals and civil population for precautionary measures. Manufacturers of these products have a chance to capitalize this increased demand of medical supplies to ensure adequate and continuous supply of personal protective equipment in the lithotripsy devices market.

Top impacting factors: Market Scenario Analysis, Trends, Drivers, Impact Analysis

Increasing prevalence of the kidney stones or urolithiasis is the key factor to fuel the growth of the market. The relative safety, low cost, less recovery time and positive patient outcomes of the lithotripsy procedure are some of the factors responsible for the hike in the growth of the market. Furthermore, various types of the kidney stones can be can be treated effectively and that too at high success rates for ureteral stones without any big issues. The various new technological advancements in the devices and the procedures can also help to boost the growth of the market. Moreover, awareness related to the treatment of the kidney stones by this procedure can also help to increase the growth of the lithotripsy devices market.

However, the lack of innovations in the devices or this procedure can pose the key restraints in the growth of the market. Moreover, the decrease in the funding from the industries can hamper the growth of the lithotripsy devices market.

New product launches to flourish the market:

In July 2020, MOSES 2.0, the next generation of the patented MOSES platform was launched by the Lumenis Ltd. This device has increased the procedure outcomes, efficiency and economies.

In October 2020, Dornier Delta III, the extracorporeal Shock-Wave Lithotripsy System was launched by the JIPMER. It brought a great change in lithotripsy devices market.  

Surge in the usage of the lithotripsy devices:

The increase in the prevalence of the urolithiasis disease and the impact of the procedures used for the treatment can help to increase the usage of the lithotripsy devices. Moreover, awareness related to the treatment of this disease by using lithotripsy devices may help to surge the usage of the lithotripsy devices in the hospital sector.

           Key benefits of the report:

• This study presents the analytical depiction of the global lithotripsy devices industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global lithotripsy devices market share.
• The current market is quantitatively analyzed to highlight the global lithotripsy devices market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the lithotripsy devices market.
• The report provides a detailed global lithotripsy devices market analysis based on competitive intensity and how the competition will take shape in coming years.

            Questions answered in the lithotripsy devices market research report:

• What are the leading market players active in the lithotripsy devices market?
• What the current trends will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What are the projections for the future that would help in taking further strategic steps?

 Lithotripsy Devices Market Report Highlights