GITNUX MARKETDATA REPORT 2024

Lithotripsy Industry Statistics

The lithotripsy industry is projected to see steady growth in the coming years due to increasing prevalence of kidney stones and technological advancements in treatment methods.

With sources from: ncbi.nlm.nih.gov, fortunebusinessinsights.com, dornier.com, globenewswire.com and many more

Statistic 1

The global lithotripsy market size was valued at USD 1.41 billion in 2020.

Statistic 2

The market size of lithotripsy is expected to reach USD 2.08 billion by 2027.

Statistic 3

The lithotripsy market in Asia Pacific was worth USD 506.5 million in 2020.

Statistic 4

The compound annual growth rate (CAGR) of the lithotripsy market is projected at a rate of 5.6% from 2020 to 2027.

Statistic 5

Europe accounted for the largest share in the global lithotripsy market in 2020.

Statistic 6

Extracorporeal Shock Wave Lithotripsy (ESWL) capabilities are predicted to dominate the global lithotripsy market in terms of revenue in 2027.

Statistic 7

North America held the second position in lithotripsy global market due to the presence of key manufacturers of lithotripsy devices in the region.

Statistic 8

The hospitals segment accounted for the largest lithotripsy market share in 2020.

Statistic 9

The urological centers segment is expected to exhibit the highest growth rate in the lithotripsy market from 2020 to 2027.

Statistic 10

Lithotripsy is estimated to be the most common treatment used for kidney stones, representing an increase in the market.

Statistic 11

The prevalence of kidney stones in the United States increased from 3.8% in the late 1970s to 8.8% in the late 2000s which impacts the lithotripsy market demand directly.

Statistic 12

Global Populations of Age 65 years and above are projected to soar by 15%, serving as a strong driving factor for lithotripsy market growth.

Statistic 13

The Dornier compact sigma lithotripters are widely used in many countries due to their advanced technology, thus having a significant contribution in the lithotripsy industry.

Statistic 14

The rising geriatric population is anticipated to drive the demand for lithotripsy procedures as this demographic is more susceptible to developing kidney stones.

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In this post, we explore key statistics shaping the lithotripsy industry, shedding light on market size, regional trends, technological advancements, and growth drivers. From the global market value to the impact of demographic shifts, these insights provide a comprehensive overview of the evolving landscape of lithotripsy.

Statistic 1

"The global lithotripsy market size was valued at USD 1.41 billion in 2020."

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Statistic 2

"The market size of lithotripsy is expected to reach USD 2.08 billion by 2027."

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Statistic 3

"The lithotripsy market in Asia Pacific was worth USD 506.5 million in 2020."

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Statistic 4

"The compound annual growth rate (CAGR) of the lithotripsy market is projected at a rate of 5.6% from 2020 to 2027."

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Statistic 5

"Europe accounted for the largest share in the global lithotripsy market in 2020."

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Statistic 6

"Extracorporeal Shock Wave Lithotripsy (ESWL) capabilities are predicted to dominate the global lithotripsy market in terms of revenue in 2027."

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Statistic 7

"North America held the second position in lithotripsy global market due to the presence of key manufacturers of lithotripsy devices in the region."

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Statistic 8

"The hospitals segment accounted for the largest lithotripsy market share in 2020."

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Statistic 9

"The urological centers segment is expected to exhibit the highest growth rate in the lithotripsy market from 2020 to 2027."

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Statistic 10

"Lithotripsy is estimated to be the most common treatment used for kidney stones, representing an increase in the market."

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Statistic 11

"The prevalence of kidney stones in the United States increased from 3.8% in the late 1970s to 8.8% in the late 2000s which impacts the lithotripsy market demand directly."

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Statistic 12

"Global Populations of Age 65 years and above are projected to soar by 15%, serving as a strong driving factor for lithotripsy market growth."

Sources Icon

Statistic 13

"The Dornier compact sigma lithotripters are widely used in many countries due to their advanced technology, thus having a significant contribution in the lithotripsy industry."

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Statistic 14

"The rising geriatric population is anticipated to drive the demand for lithotripsy procedures as this demographic is more susceptible to developing kidney stones."

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Interpretation

In conclusion, the lithotripsy industry is witnessing substantial growth and is projected to reach a market size of USD 2.08 billion by 2027, with a compound annual growth rate of 5.6% from 2020. Europe currently holds the largest share in the global lithotripsy market, while Extracorporeal Shock Wave Lithotripsy (ESWL) capabilities are expected to dominate in terms of revenue in 2027. Factors such as the prevalence of kidney stones, the aging population, and technological advancements in lithotripsy devices are driving the demand for lithotripsy procedures, particularly in urological centers. Overall, the industry is poised for continued expansion, with an increasing focus on catering to the needs of the growing geriatric population and advancements in lithotripsy technologies.

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