The global lithotripters market is forecast to grow at a CAGR of 2.11% during the period 2017-2021.
The report, Global Lithotripters Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is the technological advances in lithotripsy. Kidney stone management using lithotripters has provided positive results in the mechanism of stone disintegration, localization, coupling, and shockwave focusing. However, laser is required to fragment or remove the stones once visualized. Holmium laser is commonly used to manage renal and urinary stones. Advances in laser have provided several benefits such as maneuvering with different bends. Recent advances in shockwave lithotripsy have provided positive results in treating kidney stones.
According to the report, one of the major drivers for this market is the low procedure cost in emerging countries. Kidney stone removal is an expensive procedure in developed countries such as the US, the UK, and Germany. The procedure costs $12,000-$25,000 depending on the type of healthcare facility, size of stone, and availability of reimbursements. However, in developing countries, the procedure cost is comparatively low. Government-run healthcare facilities such as the hospitals run by the NHS offer low-cost kidney stone removal procedures. The lower procedure cost in emerging countries such as South Africa, Mexico, Saudi Arabia, and Spain drive the growth of the market.
- Boston Scientific
- KARL STORZ
Other prominent vendors
- Allengers Medical Systems
- CellSonic Medical
- Convergent Laser Technologies
- Cook Medical
- EDAP TMS
- Elmed Electronics & Medical Industry & Trade
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Segmentation By Product Type
Part 07: Segmentation By End-User
Part 08: Segmentation By Geography
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Key Vendor Analysis
Part 14: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/9cfxn5/global