PUBLISHER: QYResearch | PRODUCT CODE: 1857069
PUBLISHER: QYResearch | PRODUCT CODE: 1857069
The global market for Extracorporeal Shock Wave Therapy Device (ESWT) was estimated to be worth US$ 136 million in 2024 and is forecast to a readjusted size of US$ 268 million by 2031 with a CAGR of 10.9% during the forecast period 2025-2031.
Extracorporeal Shock Wave Therapy (ESWT) is a noninvasive, FDA-approved technology that uses shock waves to treat chronic, painful conditions of the musculoskeletal system. The procedure has also proven to be extremely effective for improved penile function. ESWT produces intense, short energy waves that travel faster than the speed of sound. This shock wave, in turn, generates pulses of high pressure sound that travel through the skin, initiating tissue repair. ESWT can often heal even chronic conditions that the body has previously been unable to repair on its own. The weak shock waves interact with deep tissue where they cause mechanical stress and microtra uma that stimulate the body to jump into action.
The Extracorporeal shock wave therapy (ESWT) devices have developed for more than twenty years rapidly, currently these devices are widely used in physical therapy room, hospitals, clinics, sports center, corporations, governmental agencies, schools and other medical institutions etc., especially in Europe and North America. Europe and North America are dominating the ESWT market, but to the developing regions, the ESWT devices relatively are new things, especially in China, Southeast Asia, India and the Africa regions. In China, the ESTW devices are mainly used in the first rate hospitals, athletic club, enterprise users and some clinics. The global ESWT devices market is dominated by few players from Switzerland, UK, Germany, and United States, like Chattanooga (DJO), BTL from UK, Storz Medical and EMS DolorClast from Switzerland, while MTS Medical, Zimmer MedizinSysteme and Likamed GmbH from Germany. There are several middle and small size players from South Korea, Turkey, Belgium, and China, like Gymna from Belgium, HANIL-TM, HnT Medical and Urontech from Korea, Inceler Medikal from Turkey, while Wikkon, Longest, Xiangyu Medical and Shengchang Medical from China. The key technology of ESWT is in the hand of the top players like Chattanooga (DJO), BTL and EMS DolorClast, and most of Chinese players rely on importing the key critical components and assembled in China, lack of key technologies, high costs, low price, low-quality and full of competition. In terms of product, the table-top or portable or desktop ESWT devices are the fastest-growing segment due to lightweight, easy to carry and use.
Market Trends
Several trends are shaping the future of the ESWT market. One key trend is the increasing focus on minimally invasive and noninvasive treatment options, which has led to a surge in demand for ESWT devices. Another trend is the ongoing research and development of new and improved ESWT technologies, which are expected to enhance the effectiveness and safety of this treatment modality.
Additionally, the growing emphasis on patient-centered care and the need for cost-effective treatment options are driving the adoption of ESWT devices in various healthcare settings.
Challenges and Opportunities
Despite its growth potential, the ESWT market faces several challenges, including regulatory hurdles, competition from alternative treatment options, and the need for ongoing education and training of healthcare professionals. However, opportunities for market expansion exist in emerging markets, where the demand for advanced medical technologies is increasing rapidly.
Furthermore, the development of new indications for ESWT, such as its use in treating erectile dysfunction, could open up new avenues for market growth.
In conclusion, the Extracorporeal Shock Wave Therapy Device (ESWT) market is poised for steady growth in the coming years, driven by various factors such as the increasing prevalence of musculoskeletal disorders, the effectiveness of ESWT in treating these conditions, and the growing acceptance of noninvasive treatment options. However, market participants must navigate various challenges and seize opportunities for expansion to remain competitive in this dynamic market.
This report aims to provide a comprehensive presentation of the global market for Extracorporeal Shock Wave Therapy Device (ESWT), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Extracorporeal Shock Wave Therapy Device (ESWT) by region & country, by Type, and by Application.
The Extracorporeal Shock Wave Therapy Device (ESWT) market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Extracorporeal Shock Wave Therapy Device (ESWT).
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Extracorporeal Shock Wave Therapy Device (ESWT) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Extracorporeal Shock Wave Therapy Device (ESWT) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Extracorporeal Shock Wave Therapy Device (ESWT) in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.