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Extracorporeal Shock Wave Therapy Device Market Growth, Industry Outlook and Opportunities 2022 – 2029 | DataM Intelligence

Extracorporeal Shock Wave Therapy Device Market Growth, Industry Outlook and Opportunities 2022 - 2029 | DataM Intelligence
DataM Intelligence

The Global Extracorporeal Shock Wave Therapy Device Market is expected to grow at a CAGR of 5.2% during the forecasting period (2022-2029).

Market Overview

The extracorporeal shock wave therapy tool is an electronic tool used to produce low-strength sound waves that engage directly thru a gel medium with an individual’s affected place. As it could be utilized in orthopedics, physiotherapy, urology, sports activities capsules, veterinary medicines, rehabilitation centres, plastic surgical treatment and others, shockwave therapy has multidisciplinary usage. It is a non-surgical procedure for treating smooth tissue injuries, chronic pain and the reparative segment of affected bones and tendons.

 

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Market Dynamics

The fundamental elements propelling the increase of the extracorporeal surprise wave therapy device marketplace are the growing demand for trouble-loose techniques and the upward thrust in the prevalence of arthritis and musculoskeletal disorders. Moreover, an upward push within the incidence of continual muscular & tendon problems returned & neck pains coupled with sports accidents is predicted to strengthen the marketplace’s increase. The global marketplace for extracorporeal surprise wave therapy merchandise increases in call for, frequently because of the significant increase in scientific industry R&D activities. The growing prevalence of bone problems among senior residents, along with arthritis, increases the want for extracorporeal shock wave remedy equipment for knee troubles. Furthermore, technical tendencies consisting of integrating the laser era with a shock wave device are fueling the market’s growth.

 

Demand for Hassle-Free Techniques is Driving the Market Growth

The increase of the worldwide surprise wave remedy gadget enterprise is pushed via advances in research and development activities, improved use of contemporary devices in hospitals and clinics, and stepped forward medicinal drugs. Because of the demand for technologically superior remedy strategies, the market is expected to file a large boom.  In the geriatric population, the developing prevalence of bone diseases gives an impetus for enterprise improvement. The device for surprise wave remedy also helps grow cellular pastime in the body, which further aids the development of the industry of surprise wave therapy gadgets.

 

Market Segmentation

By Product

l Table-top portable ESWT

l Hand-push type ESWT

 

By End-user

l Physiotherapy clinics

l Specialty clinics

l Hospitals

 

By Region

l North America

l Europe

l South America

l Asia-Pacific

l Middle East and Africa

 

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Competitive Landscape

The Extracorporeal Shock Wave Therapy Device market is highly competitive, owing to big food brands’ presence. The key Extracorporeal Shock Wave Therapy Device players contributing to the growth of the global market include Share Co. Ltd., BTL, Starz Medical, EMS Electro Medical Systems, MTS Medical, Zimmer MedizinSystem, GYMNA, LIKAMED GMBH, INCELER MEDIKAL, HANIL-TM and HNT MEDICAL, among others. The major players are adopting new product launch and expansion strategies for global growth in the Extracorporeal Shock Wave Therapy Device market.  

 

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