Extracorporeal Shock Wave Lithotripsy Market Size, Share, Demand, Trends, Growth and Forecast 2028

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Extracorporeal Shock Wave Lithotripsy Market
Extracorporeal Shock Wave Lithotripsy Market 

Extracorporeal Shock Wave Lithotripsy (ESWL) is a non-invasive medical procedure used to treat kidney stones, gallstones, and other types of stones in the body. The procedure uses high-energy shock waves to break up the stones into smaller pieces, which can then be passed out of the body through urine.

ESWL is a safe and effective treatment option for patients with kidney stones and has become increasingly popular in recent years. The global Extracorporeal Shock Wave Lithotripsy Market is expected to see significant growth in the coming years due to the rising incidence of kidney stones and an increasing preference for non-invasive treatments.

Market Size and Share

The global Extracorporeal Shock Wave Lithotripsy Market was valued at USD 414.5 million in 2020 and is expected to grow at a CAGR of 4.7% during the forecast period (2021-2028).

The market is driven by the increasing incidence of kidney stones and the growing demand for non-invasive treatment options. According to a report by the National Kidney Foundation, kidney stones affect around 1 in 11 people in the United States, and the prevalence is increasing. In addition, the rising prevalence of obesity and diabetes, which are risk factors for kidney stones, is expected to contribute to the growth of the ESWL market.

ESWL is a preferred treatment option for patients with small to medium-sized stones in the kidney or ureter. The procedure is less invasive than surgery and has a lower risk of complications. ESWL is also more cost-effective than surgery, which has led to an increasing adoption of the procedure in developing countries.

Due to the rising prevalence of cardiovascular diseases and the expanding elderly population around the world, the global Oxygenators Market is expanding rapidly.

Trends and Growth Drivers

One of the major trends in the Extracorporeal Shock Wave Lithotripsy Market is the increasing use of miniaturized lithotripsy devices. Miniaturized devices are designed to be used with smaller stones and in more delicate areas of the body. These devices offer several advantages over traditional lithotripsy devices, such as shorter procedure times, reduced pain, and faster recovery times. The miniaturized devices are also more cost-effective than traditional devices, which is driving their adoption in developing countries.

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