Global Extracorporeal Shock Wave Lithotripsy Market News and Opportunities: Growing at a CAGR of 3.78% from 2024 to 2029

Global Extracorporeal Shock Wave Lithotripsy Market Overview

According to Global Market Monitor, the global extracorporeal shock wave lithotripsy market size is $415.06 million in 2024 with a CAGR of 3.78% from 2024 to 2029.Extracorporeal shock wave lithotripsy (ESWL) is a non-invasive treatment of kidney stones (urinary calculus) and biliary calculi (stones in the gallbladder or the liver) using an acoustic pulse. It is also reported to be used for salivary stones and pancreatic stones.

Market News

May 2024: Dornier Medtech, in collaboration with urologists, launches Urogpt, an advanced artificial intelligence tool designed specifically for kidney stone patients. This launch underscores Dornier's commitment to a digital solution that prioritizes patient needs, with an app that provides immediate advice and actionable insights to urological patients, providing clarity and assurance.

Opportunities

Extracorporeal shock wave lithotripsy is used for the treatment of kidney and ureter stones. This technology has been utilized by physicians worldwide and is expected to increase its penetration over the coming years due to the advantages offered such as minimal invasiveness, reduced pain, shorter hospital stay, and quicker recovery time. High performance will lead to high demand, and the demand for ESWL will increase a lot.

The availability of world-class equipment to perform the procedures and further increasing infrastructure development expenditure by healthcare professionals are other vital drivers of the extracorporeal shock wave lithotripsy market. For extracorporeal shock wave lithotripsy, the market for extracorporeal shock wave lithotripsy is complementary to other medical devices and healthcare professionals. More sophisticated and high-tech medical devices and more professional and larger numbers of healthcare workers will help drive the growth of the extracorporeal shock wave lithotripsy market.

One of the most common and effective treatments for kidney stones is extracorporeal shock wave lithotripsy. The procedure involves smashing kidney stones into smaller pieces that can quickly pass through the urinary tract and out of the body. The global prevalence of kidney stones is about 20%, and the health and economic burden caused by kidney stone disease is significant worldwide, and the growing demand for procedures such as lithotripsy is driving the demand for extracorporeal shock wave lithotripsy equipment. According to a research article published by Cleaveland Clinic in April 2024, ESWL stands out as an important minimally invasive alternative to surgery for large stones and offers a promising solution for complex cases. Such studies demonstrate the importance of ESWL as it enhances the hospital's treatment portfolio and expands the treatment options available to patients, thus contributing to market growth.

Drivers	High performance will lead to high demand
	Development medical of equipment and increase medical staff
	Expected increase in reported morbidity and incidence of kidney stones in patients
Limitations	ESWL technology has limitations
	Availability of alternative therapies to remove stones