Lithotripsy Device Global Market Report 2025

Lithotripsy devices are medical instruments designed for the treatment of lithotripsy, a non-invasive procedure used to address kidney stones. This procedure employs shock waves or ultrasound waves to break large stones, which may be obstructing the urinary tract, into smaller, more manageable fragments.

The primary types of lithotripsy devices include extracorporeal shock wave lithotripsy devices and intracorporeal lithotripsy devices. Extracorporeal shock wave lithotripsy devices utilize shock waves generated by a lithotripter. These devices find applications in the treatment of kidney stones, ureteral stones, pancreatic stones, bile duct stones, and other related conditions, and are commonly used in hospitals, ambulatory surgical centers, and other medical facilities.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sharp increase in U.S. tariffs and resulting trade tensions in spring 2025 are significantly impacting the medical equipment sector, especially for imported components used in imaging machines, surgical-grade stainless steel, and disposable plastics. With hospitals and clinics pushing back against price increases, manufacturers are facing margin pressure. The situation is further complicated by regulatory challenges, as switching suppliers due to tariffs often necessitates re-certification of medical devices, leading to delays in market entry. In response, companies are mitigating risks by dual-sourcing key components, ramping up domestic production of standardized items, and accelerating research into more cost-effective materials.

The lithotripsy device market research report is one of a series of new reports from The Business Research Company that provides lithotripsy device market statistics, including lithotripsy device industry global market size, regional shares, competitors with a lithotripsy device market share, detailed lithotripsy device market segments, market trends and opportunities, and any further data you may need to thrive in the lithotripsy device industry. This lithotripsy device market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The lithotripsy device market size has grown steadily in recent years. It will grow from $1.83 billion in 2024 to $1.91 billion in 2025 at a compound annual growth rate (CAGR) of 4.3%. The growth in the historic period can be attributed to risen incidence of kidney stones, preference for non-invasive procedures, advancements in medical imaging, increased geriatric population, patient demand for faster recovery.

The lithotripsy device market size is expected to see strong growth in the next few years. It will grow to $2.44 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to technological innovations in lithotripsy, increasing awareness and education, global access to healthcare services, collaborations in urology and nephrology, preventive approaches to kidney stones. Major trends in the forecast period include remote monitoring and telesurgery, continued research in stone fragmentation techniques, global collaboration in lithotripsy research, focus on outcomes-based healthcare, integration of artificial intelligence (ai).

The forecast of 6.3% growth over the next five years indicates a slight reduction of 0.1% from the previous estimate for this market.This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through tariffs on piezoelectric shockwave generators and ultrasound targeting systems, sourced from key regions such as Canada and Singapore, which could lead to delayed kidney stone treatments and higher costs for urological procedures.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

The increasing prevalence of kidney stones is anticipated to drive the lithotripsy device market in the coming years. Kidney stones are solid, pebble-such as formations that can develop in one or both kidneys due to an excess of specific minerals in the urine. Lithotripsy devices play a crucial role in treating kidney stones by breaking them into smaller pieces using shockwaves, facilitating easier passage through urine. A study published by BioMed Central revealed that the Age-standardized prevalence rate (ASPR) of kidney stones was 21.11% in a population aged 40-70 years in Kharameh. The estimated ASPR was 24.13% in men and 18.7% in women in 2022, emphasizing the growing prevalence of urolithiasis and propelling the lithotripsy device market.

The increase in healthcare expenditures is expected to contribute to the growth of the lithotripsy device market. Healthcare expenditures encompass all costs related to providing health services, family planning, nutrition programs, and emergency assistance, playing a crucial role in enhancing accessibility and technological advancements in lithotripsy devices. In 2021, healthcare spending in the United States rose by 2.7% to $12,914 per person, totaling $4.3 trillion and accounting for 18.3% of the country's GDP. This substantial rise in healthcare expenditures is a driving force behind the growth of the lithotripsy device market.

A prominent trend in the lithotripsy device market is the emergence of product innovations. Major companies in the market are actively developing new and advanced products to strengthen their market position. In March 2022, Shockwave Medical Inc., a US-based medical device company, introduced the Shockwave M5+ peripheral IVL catheter following CE Mark and U.S. Food and Drug Administration (FDA) clearance. This innovative peripheral catheter is designed to reduce IVL treatment duration, broaden access options, and extend IVL therapy to individuals with larger vessel sizes, signifying a significant leap forward in lithotripsy device technology.

Major companies in the lithotripsy device market are prioritizing the development of advanced treatment facilities to expand patient access and improve treatment outcomes. These state-of-the-art facilities incorporate cutting-edge technologies and specialized care, offering comprehensive healthcare services. In May 2023, Government Kilpauk Medical College (KMC) Hospital in India inaugurated an extracorporeal shock wave lithotripsy (ESWL) treatment center, utilizing shock waves to non-invasively break kidney stones into small pieces for easier elimination through urine. The ESWL machine, valued at ₹2.3 crore, was generously sponsored by the MOBIS India Foundation as part of its corporate social responsibility funding.

In May 2024, Johnson & Johnson, a U.S.-based company specializing in medical devices, pharmaceuticals, and consumer health products, acquired Shockwave Medical for an undisclosed amount. This acquisition was intended to strengthen Johnson & Johnson's cardiovascular portfolio by incorporating Shockwave Medical's innovative solutions for treating calcified cardiovascular disease, with an emphasis on expanding minimally invasive treatment options. Shockwave Medical is known as a U.S. provider of lithotripsy devices.

Major companies operating in the lithotripsy device market include Boston Scientific Corporation,Cook Medical LLC,Shockwave Medical Inc.,Lumenis Ltd.,EDAP TMS S.A.,Dornier MedTech GmbH, Allengers Medical Systems Limited,DirexGroup,Medispec Ltd.,Elmed Medical Systems Ltd.,Convergent Laser Technologies,MTS Medical,NOVAmedtek LLC,EMD Medical Technologies,NIDHI Meditech Systems, Olympus Scientific Solutions Americas Corporation,Richard Wolf India Private Ltd.,Karl Storz SE & Co. KG,Technomed Systems Private Limited,Shenzhen Wikkon Medical Apparatus Co. Ltd.,Inceler Medikal Ltd. Sti,Cliniva Healthcare,C. R. Bard Inc.,E.M.S. Electro Medical Systems S.A.,MACHIDA Endoscope Co. Ltd.,Medtronic plc, Aymed Medical Technology Co. Ltd.,Proteus Digital Health Inc.

North America was the largest region in the lithotripsy devices market in 2024. The regions covered in the lithotripsy device market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the lithotripsy device market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The lithotripsy devices market consists of sales of laser lithotripsy, mechanical lithotripsy, and electrohydraulic lithotripsy. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Lithotripsy Device Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on lithotripsy device market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for lithotripsy device ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The lithotripsy device market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

• Markets Covered:1) By Type: Extracorporeal Shock Wave Lithotripsy Devices; Intracorporeal Lithotripsy Devices
• 2) By Applications: Kidney Stones; Ureteral Stones; Pancreatic Stones; Bile Duct Stones; Other Applications
• 3) By End-User: Hospitals; Ambulatory Surgical Centers; Other End Users
• Subsegments:
• 1) By Extracorporeal Shock Wave Lithotripsy Devices: Electrohydraulic Lithotripsy Devices; Electromagnetic Lithotripsy Devices; Piezoelectric Lithotripsy Devices
• 2) By Intracorporeal Lithotripsy Devices: Laser Lithotripsy Devices; Ultrasound Lithotripsy Devices; Mechanical Lithotripsy Devices
• Companies Mentioned: Boston Scientific Corporation;Cook Medical LLC;Shockwave Medical Inc.;Lumenis Ltd.;EDAP TMS S.A.;Dornier MedTech GmbH; Allengers Medical Systems Limited;DirexGroup;Medispec Ltd.;Elmed Medical Systems Ltd.;Convergent Laser Technologies;MTS Medical;NOVAmedtek LLC;EMD Medical Technologies;NIDHI Meditech Systems; Olympus Scientific Solutions Americas Corporation;Richard Wolf India Private Ltd.;Karl Storz SE & Co. KG;Technomed Systems Private Limited;Shenzhen Wikkon Medical Apparatus Co. Ltd.;Inceler Medikal Ltd. Sti;Cliniva Healthcare;C. R. Bard Inc.;E.M.S. Electro Medical Systems S.A.;MACHIDA Endoscope Co. Ltd.;Medtronic plc; Aymed Medical Technology Co. Ltd.;Proteus Digital Health Inc.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery Format: PDF, Word and Excel Data Dashboard.