Global Lithotripsy Devices Market Report and Forecast 2024-2032

Global Lithotripsy Devices Market Outlook

The global lithotripsy devices market size was valued at USD 1.6 billion in 2023, driven by the surge in kidney stones cases and preference for minimally invasive procedures across the globe. The market is expected to grow at a CAGR of 5.7% during the forecast period of 2024-2032, with the values likely to rise from USD 1.7 billion in 2024 to USD 2.6 billion by 2032.

Lithotripsy Devices: Introduction

A lithotripsy device is used to treat kidney stones by breaking larger stones into smaller ones, facilitating an easy passage through the urinary tract. It involves using electromagnetic shock waves or ultrasonic energy, which travels through the skin and tissue, reaching the stone to break it.

Lithotripsy devices are used in a non-invasive procedure called lithotripsy, used in treating ureteral stones, pancreatic stones, bile duct stones, in addition to kidney stones.

Global Lithotripsy Devices Market Analysis

With the rising incidence of kidney stones diseases worldwide, the volume of minimally invasive endourological procedures has seen an upswing. As a result, lithotripsy devices market demand has increased.

Holmium lasers have been used to treat ablate all stone types. Holmium: yttrium–aluminum–garnet (Ho:YAG) relies on a photothermal effect for stone breakage. Although, holmium laser technology has been widely used for ureteroscopy lithotripsy currently, thulium fiber lasers have flourished in the market. Thulium fibre delivers energy through a flexible optical fibre. The fibre uses a highly thermal ablative effect. It allows a wider range of laser setting with potentially low energy consumption and high frequencies. It also leads to higher ablation speed for any stone composition.

The lithotripsy devices market growth is certain with the current transition from fibre optic to digital systems. It enables an improved vision for the healthcare provider. Laser interaction with image sensor causes acoustic shockwaves, which leads to image flickering. Therefore, several modifications have been made to improve the system with a digital system enabling.

As per the new developments, miniaturized devices are preferred owing to their advantages of lower insertion failure rates, better irrigation outflow, and lower risk of ureteral damage. Uscope 3022 (Pusen™) is the latest slimmest and single use ureteroscopes available. With the continuous incoming of digitally integrated high technology devices, the market is anticipated to witness further growth in the coming years.

Global Lithotripsy Devices Market Segmentation

Market Breakup by Device Type

• Extracorporeal Shock Wave Lithotripsy (ESWL)

• Intracorporeal Lithotripsy
  • Ultrasonic Lithotripsy Devices
  • Electrohydraulic Lithotripsy Devices
  • Mechanical Lithotripsy Devices
  • Laser Lithotripsy Devices

Market Breakup by Application

• Kidney Stones

• Ureteral Stones

• Pancreatic Stones

• Bile Duct Stones

• Others

Market Breakup by End User

• Hospitals 

• Ambulatory Surgical Centres  

• Other

Market Breakup by Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

Global Lithotripsy Devices Market Overview

Kidney stone is a major cause of morbidity, affecting around 1-15%  of the world’s population. Conditions like hypertension, diabetes, and fatty liver have been identified as some of the common risk factors of the disease. It affects both the sexes, which increases it occurrence to affect around 7-15% in the North American population. As a result, it is likely to contribute significantly to the lithotripsy devices market share. North America possesses a robust healthcare system which is super-efficient to treat illness by developing new technologies. The presence of leading healthcare companies is another reason for the notable market share.

The Asia Pacific region is estimated to observe rapid growth in the forecast period. The increased lithotripsy devices market value can be linked to high kidney stone cases in a geriatric population. This is because the risk of kidney stones increases with age. Moreover, the region is being subjected to various healthcare infrastructure developments, owing to foreign investments and government initiatives. Therefore, the market size is expected to grow exponentially in the coming years.

Global Lithotripsy Devices Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

• Becton, Dickinson and Company

• DirexGroup

• Richard Wolf GmbH

• KARL STORZ SE & Co. KG

• Lumenis Be Ltd.

• Verdict Media Limited

• Dornier MedTech.

• Siemens

• Bio-Rad Laboratories Inc.

• Enzo Biochem Inc

• Trivitron Healthcare

• Shenzhen New Industries Biomedical Engineering Co., Ltd.

• Sinduri Biotec

• STORZ MEDICAL AG

• Boston Scientific Corporation

• Olympus Corporation

Key Highlights of the Report