#Shock Wave Therapy Device Market Analysis

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Ultrasonic Electrosurgical Device Market Current Analysis and Outlook

The Global Ultrasonic Electrosurgical Devices Market is projected to grow significantly by 2027, expanding at a CAGR of around 5% during the forecast period (2021-2027). Ultrasonic electrosurgical devices utilize electrical energy in surgical procedures, where the resistance of body tissues to electrical current generates heat, aiding in the dissection, coagulation, and cutting of tissues.

Market Drivers

Minimally Invasive Procedures and Technological Advancements

The rising demand for minimally invasive surgical procedures, coupled with advancements in surgical techniques and technology, is driving the growth of the ultrasonic electrosurgical devices market. Additionally, the increasing geriatric population and the prevalence of chronic diseases are significant factors contributing to market expansion. For instance, according to the CDC, 17% of adults aged 65 and older have coronary heart disease, and 7.6% have experienced a stroke. The growing number of cosmetic surgeries also contributes to the market's growth.

Product Segmentation

The market is divided into generators and consumables. The consumables segment is expected to see substantial growth during the forecast period due to the single-use nature of items like forceps, handpieces, and pencils. The increasing number of surgeries and the rising prevalence of chronic diseases significantly boost the demand for consumables in the ultrasonic electrosurgical device market.

For a comprehensive analysis of the market drivers, visit: https://univdatos.com/report/ultrasonic-electrosurgical-device-market/

Type Segmentation

The market is categorized into high-intensity focused ultrasonic (HIFU) ablators, magnetic resonance-guided focused ultrasonic (MRGFUS) ablators, ultrasonic surgical ablation systems, and shock wave therapy systems. The HIFU segment held a significant share in 2020 and is anticipated to grow due to its higher precision, better results, and rising prevalence of chronic diseases like cancer. For instance, according to the WHO, there were 2.3 million women diagnosed with breast cancer in 2020, resulting in 685,000 deaths globally.

Application Segmentation

The market is segmented into cardiology, gynecology, urology, and others. The cardiology segment is expected to have a significant market share due to the increasing incidence of heart diseases. For instance, the CDC reports that about 659,000 people in the United States die from heart disease each year, accounting for 1 in every 4 deaths.

End-User Segmentation

The market is divided into hospitals, ambulatory surgical centers, and others. Hospitals are anticipated to experience significant growth due to their specialized treatment capabilities and the adoption of advanced technology.

Regional Insights

The report provides detailed regional analysis covering North America (United States, Canada, Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, Rest of Europe), Asia-Pacific (China, India, Australia, Japan, Rest of APAC), and the Rest of the World. North America holds a significant market share due to high healthcare spending and the presence of well-established market players. For instance, in 2019, Canada’s per capita healthcare expenditure was USD 5,048. Frequent product launches in the region also contribute to market growth.

For a sample report, visit: https://univdatos.com/get-a-free-sample-form-php/?product_id=22848

Key Market Players

Prominent companies in the ultrasonic electrosurgical devices market include Olympus Corporation, Medtronic, Misonix Inc., BOWA-electronic GmbH, Söring GmbH, Advanced Instrumentations, Reach Surgical, ITALIA MEDICA SRL, SonaCare Medical, and Miconvey. These companies engage in mergers, acquisitions, and partnerships to develop various types of ultrasonic electrosurgical devices.

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Extracorporeal Shock Wave Therapy Device Market Share, Overview, Competitive Analysis and Forecast 2031

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Tendinitis Treatment Market Share: Analyzing Size and Growth Trends

Market Overview –

During the projected period of 2023–2032, the market for tendinitis treatments is expected to grow at a 3.7% CAGR to reach USD 263.95 billion by 2032.

The tendinitis treatment market is growing steadily, driven by the increasing demand for effective tendinitis therapy options. As more individuals experience tendon inflammation and related injuries, there's a heightened focus on innovative therapies to alleviate pain and promote healing. The market for tendinitis therapy continues to evolve, offering patients various treatment modalities for improved outcomes.

The tendinitis treatment market focuses on providing solutions for a common musculoskeletal condition characterized by inflammation or irritation of a tendon. Tendinitis can affect various parts of the body, including the shoulders, elbows, wrists, knees, and heels, leading to pain, stiffness, and limited movement. This market encompasses a range of treatment options, including medications, physical therapy, braces, and in severe cases, surgery.

One of the primary drivers of the tendinitis treatment market is the increasing incidence of tendinitis-related injuries, attributed to factors such as overuse, repetitive motion, poor ergonomics, aging, and sports activities. As the population ages and lifestyles become more sedentary, the prevalence of tendinitis is expected to rise, driving demand for effective treatment modalities.

Moreover, advancements in medical technology and treatment approaches have expanded the options available for managing tendinitis. Innovative therapies such as extracorporeal shockwave therapy (ESWT), platelet-rich plasma (PRP) injections, and regenerative medicine techniques offer promising alternatives to traditional treatments, providing patients with more options for pain relief and faster recovery.

The COVID-19 pandemic has impacted the tendinitis treatment market, with disruptions in healthcare services, delayed diagnoses, and changes in patient behavior. However, the pandemic has also highlighted the importance of self-care and home-based treatments, leading to increased interest in home exercises, ergonomic modifications, and telemedicine consultations for managing tendinitis symptoms.

Despite challenges such as limited reimbursement for certain treatments and variability in treatment outcomes, the tendinitis treatment market is expected to grow as awareness about the condition increases and as research efforts continue to improve treatment efficacy and patient outcomes. With ongoing innovation and collaboration among healthcare providers, researchers, and industry stakeholders, the tendinitis treatment market holds promise for addressing the needs of patients with tendinitis in the future.

Segmentation –

The Americas & Europe Tendinitis Treatment market is segmented on the basis of type, treatment, and end user.

On the basis of type, the market is segmented into Achilles tendinitis, supraspinatus tendinitis, tennis or golfer's elbow, De Quervain's tenosynovitis, and others.

On the basis of treatment, the market is segmented into diagnosis, therapy, shock wave therapy or surgery, medical devices, devices, and others.

Diagnosis is further segmented into physical examination, imaging tests, ultrasound, Magnetic Resonance Imaging (MRI) Scans, and others.

Therapy is further segmented into non-pharmacological and pharmacological therapy. Non-pharmacological therapy includes rest therapy, heat & cold therapy, occupational therapy, physical therapy, and others. Pharmacological therapy includes OTC drugs or pain relievers, corticosteroids injections, platelet-rich plasma (PRP), and others.

Medical devices is further segmented mechanical band, support tape, pre-cut strips, continuous rolls, and others.

On the basis of end user, the market is segmented into hospitals & clinics, medical research centers, academic institutes, and others.

Regional Analysis –

The tendinitis treatment market's regional analysis reveals varying prevalence rates, treatment approaches, and healthcare infrastructures worldwide. North America leads with a high incidence of tendinitis cases and a strong focus on sports medicine and rehabilitation therapies. Europe follows suit, with an emphasis on conservative treatments and physical therapy modalities. In the Asia-Pacific region, increasing sports participation and aging populations contribute to market growth, driving demand for tendinitis treatments. Latin America and Africa show potential for market expansion with improving healthcare access and rising awareness of musculoskeletal conditions. Market players must adapt their treatment options to meet regional preferences and regulatory requirements, considering factors like affordability, accessibility, and cultural influences.

Key Players –

Some of the Tendinitis Treatment Companies are Almatica Pharma, Inc. based in the US, AstraZeneca from the US, Bayer headquartered in Germany, Boehringer Ingelheim Pharmaceuticals, Inc. situated in the US, Merck & Co., Inc. operating out of the US, Pfizer also located in the US, alongside other contributors.

Related Reports –

Steam Autoclave

Diagnostic Imaging

Neonatal Thermoregulation

Immunotherapy Drugs

For more information visit at MarketResearchFuture

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Electrotherapy Market: Size, Trends, Opportunities, Demand, Growth Analysis and Forecast By 2028

Recent study report released by Data Bridge Market research with titled “Electrotherapy Market” (covering USA, Europe, China, Japan, India, South East Asia and etc.) that highlighting opportunities, risk analysis, and leveraged with strategic and tactical decision-making support. Electrotherapy market analysis report covers detailed value chain analysis of the market. The value chain analysis helps to analyse major upstream raw materials, major equipment, manufacturing process, and downstream customer analysis and major distributor analysis are mentioned in the report along with all the drivers and restraints for the market. It presents a comparative detailed analysis of the all regional and player segments, offering readers a better knowledge of the areas in which they can place their existing resources and gauging the priority of a particular region in order to boost their standing in the market.

Data Bridge Market Research analyses the market to grow at a CAGR of 3.95% in the above-mentioned forecast period. Rise in the competitiveness and new product launches drives the electrotherapy market.

Download Exclusive Sample Report PDF (with All Related Graphs & Charts) @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-electrotherapy-market

Market Overview:

Electrotherapy is defined as a therapy which uses electric energy in the medical treatment. Electrotherapy has numerous uses which include pain management, cardiology, tissue repair, urine and fecal incontinence. Most athletic trainers and therapists use electrotherapy system in the management of athletic injuries. Transcutaneous spinal electro analgesia, pulsed short wave diathermy, spinal cord stimulation, micro- current therapy, percutaneous electrical nerve stimulation among others are some of the common electrotherapy treatments.

Rise in the competitiveness and new product launches is the vital factor escalating the market growth, also rise in the cases of spinal injuries among population, rise in the prevalence of chronic conditions, increase in the geriatric population and rise in the regulatory approvals from key players are the major factors among others driving the electrotherapy market. Moreover, rise in the technological advancements and modernization in the healthcare devices and rise in the demand from the emerging economies will further create new opportunities for electrotherapy market

To Gain More Insights about this Research, Visit @ https://www.databridgemarketresearch.com/reports/global-electrotherapy-market

Electrotherapy Market Scope and Market Size

The electrotherapy market is segmented on the basis of technology, application, therapy and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.

On the basis of technology, the electrotherapy market is segmented into transcutaneous electrical nerve stimulation (TENS), neuromuscular electrical stimulation (NMES), inferential current (IFC), percutaneous electrical nerve stimulation (PENS), electronic muscle stimulator (EMS), spinal cord stimulation (SCS), electro-acupuncture (EA) and others.

Based on application, the electrotherapy market is segmented into chronic wound healing, neuromuscular dysfunction, pain management, tissue repair, musculoskeletal disorder, physical therapy, iontophoresis and others.

Based on therapy, the electrotherapy market is segmented into extracorporeal shock wave therapy, magnetic field therapy, ultrasound therapy, micro current therapy, interferential current therapy and others.

The electrotherapy market is also segmented on the basis of end-user into hospitals, rehabilitation centres and clinics.

What benefits does DBMR study is going to provide?

Latest industry influencing trends and development scenario

Open up New Markets

To Seize powerful market opportunities

Key decision in planning and to further expand market share

Identify Key Business Segments, Market proposition & Gap Analysis

Assisting in allocating marketing investments

Highlights of TOC:

Chapter 1: Market overview

Chapter 2: Global Electrotherapy Market

Chapter 3: Regional analysis of the Global Electrotherapy Market industry

Chapter 4: Electrotherapy Market segmentation based on types and applications

Chapter 5: Revenue analysis based on types and applications

Chapter 6: Market share

Chapter 7: Competitive Landscape

Chapter 8: Drivers, Restraints, Challenges, and Opportunities

Chapter 9: Gross Margin and Price Analysis

Explore Detailed Table of Content @ https://www.databridgemarketresearch.com/toc/?dbmr=global-electrotherapy-market

Geographically, the following regions together with the listed national/local markets are fully investigated:

– APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)

– Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)

– North America (U.S., Canada, and Mexico)

– South America (Brazil, Chile, Argentina, Rest of South America)

– MEA (Saudi Arabia, UAE, South Africa)

Critical Insights Related to the Electrotherapy Included in the Report:

Exclusive graphics and Illustrative SWOT analysis of some of the leading companies in this market

Value chain analysis of prominent players in the market

Current trends influencing the dynamics of this market across various geographies

Recent mergers, acquisitions, collaborations, and partnerships

Revenue growth of this industry over the forecast period

Marketing strategy study and growth trends

Growth driven factor analysis

Emerging recess segments and region-wise market

An empirical evaluation of the curve of this market

Ancient, Present, and Probable scope of the market from both prospect value and volume

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Electrotherapy Market Major Factors That Can Increase The Worldwide Demand by 2027

Electrotherapy Market Overview :

The global electrotherapy market is expected to have a market value of 1,463.74 million by 2027. Electrotherapy is a pain-relieving treatment that uses electric impulses to relax muscles, improve blood circulation, repair tissues, and promote bone formation. 

The use of physiotherapy in the treatment of a variety of diseases has increased demand for electrotherapy around the world.

The key players in the electrotherapy market are focusing on various growth strategies such as product launches andsigning contracts and agreements for expanded reach and optimized operational costs. For instance, in May 2018, DJO Global (US) entered a strategic partnership with XPO Logistics (US), a global logistics provider of cutting-edge supply chain solutions, to manage portions of DJO Global’s North American distribution activities.Similarly, in January 2018, LivaNova, PLC (UK) acquired ImThera Medical, Inc. (US), a privately held company developing an implantable neurostimulation device system.

The global electrotherapy market is highly competitive, with players competing and partnering to gain a substantial market share.

Electrotherapy Market Segment Analysis :

The global electrotherapy market is segmented based on treatment type, device type, application, and end user. The global electrotherapy market based on treatment type has been segmented into extracorporeal shock wave therapy, Interferential Current Therapy (IC), magnetic field therapy, ultrasound therapy, Transcutaneous Electrical Nerve Stimulation (TENS) therapy, micro-current therapy, Transcutaneous Spinal Electro Analgesia (TSE), Pulsed Short Wave Diathermy (PSWD), Spinal Cord Stimulation (SCS), Percutaneous Electrical Nerve Stimulation (PENS), and others.

The market, by device type, has been segmented into Transcutaneous Electrical Neural Stimulator (TENS), Electronic Muscle Stimulator (EMS), Interferential Stimulator (IF), High Voltage Pulsed Galvanic Stimulator (HVPGS), Microcurrent Stimulator (MC) or Microcurrent Electrical Neuromuscular Stimulator (MENS), and others.The global electrotherapy market, by application, has been segmented into pain management, neuromuscular dysfunction, urine and fecal incontinence, acute and chronic edema, tissue repair, iontophoresis, orthopedics, cardiology, and others.

The pain management segment is further divided into chronic pain, chronic fatigue, migraine headaches, wound healing, diabetic nerve pain, stimulating bone growth, and others.The global electrotherapy market, by end user, is bifurcated into hospitals & clinics, rehabilitation centers, long-term care centers, and others.

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Electrotherapy Market Regional Analysis :

The global electrotherapy market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas has been segmented into North America and Latin America, with the North America market further divided into the US and Canada. The Americas led the market and accounted for the largest share in 2019 owing to the increasing healthcare expenditure,growing research funding,and the rising clinical trials and R&Din electrotherapy.Europe held a significant share in the globalelectrotherapy market.

This can be attributed to the prevalence of diabetes among all age groups in the region, mostly due to overweight and obese population, unhealthy diet, and physical inactivity. In addition, an increase in the cancer survivability rate in the region is also anticipated to drive the growth of the electrotherapy market. Moreover, high healthcare spending and increasing R&D pushed the market growth.

Asia-Pacific is expected to witness the highest market growth potential over the forecast period due to the rising prevalence of neuropathy and other associated disorders, increasing adoption of electrotherapy systems, government initiatives to provide palliative care in the APAC countries, and support to improve public health.

The electrotherapy market in the Middle East & Africa is showing steady growth due to the growing geriatric population andincreasing prevalence of painful diabetic neuropathy.

Key Findings of the Study :

The global electrotherapy market is estimated to reach USD 1,463.74million by 2027 at a CAGR of 5.10% during the assessment period of 2020 to 2027.

The Americas accounted for the largest share of the global electrotherapy market due to the presence of prominent players in the US, established healthcare infrastructure, and product clearances from regulatory authorities.

Based ontreatment type, the Transcutaneous Electrical Nerve Stimulation (TENS) therapy segment accounted for the largest market share of 16.10% in 2019.

Based on device type, the Transcutaneous Electrical Neural Stimulator (TENS) is expected to be the fastest-growing segment at a CAGR of 5.81% during the forecast period.

Based on application, the pain management segment accounted for the largest market share of 21.68% in 2019.

On the basis of end user, the hospitals & clinics segment was the fastest growing at a CAGR of 5.91% during the assessment period.

Electrotherapy Market key players :

The electrotherapy market are Medtronic plc (Ireland), Alimed, Inc (US), Cogentix Medical, Inc. (US), St. Jude Medical Inc.(US), DJO Global, Inc.(US), Livanova Plc (UK), Neuromextrix Inc.(US), and Boston Scientific Corporation (US).

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Urinary Stones Treatment Devices Market to Grow at 4.4% CAGR to Reach US$1.98 billion by 2026

The Global Urinary Stones Treatment Devices Market was valued at US$1.48 billion in the year 2018 and is expected to reach US$1.98 billion by 2026, at a CAGR of 4.4%.

 Urinary stones are mainly formed due to the inability of an individual to empty the urinary bladder. Due to urine accumulation, the minerals in the concentrated urine start crystalizing leading to the formation of stones. Depending on the location of the stone development it may be classified as a kidney stone, bladder stone or ureteral stone. These stones are diagnosed using, abdominal X-ray, CT scan, MRI scan, ultrasound, etc. During the early days, the stones were removed through surgical procedures. But the development of technologies such as lithotripsy, ureteroscopy, nephrolithotomy had reduced the hurdles in treatment and the removal of urinary stones. Also growing popularity of digital flexible ureteroscopes and rising focus on the development of lasers alternative to conventional once are the factors that contribute to the market growth.

Urolithiasis and Nephrolithiasis are the main conditions that contribute to the development of kidney stones in individuals and chiefly contribute to market growth. Besides, the recurrence of kidney stones in the adult population has also risen to 50% in recent decades due to enormous changes in the lifestyle, poor dietary habits, an increase in obesity, less intake of water and many other associated morbidities. Moreover, as recent research suggested, the probability of recurrence of nephrolithiasis in adolescents or children is about 50% within 3 years of the first occurrence. According to the National Kidney Foundation, over half a million people across the globe visit emergency rooms every year. International Federation of Kidney Foundations and the International Society of Nephrology are taking several initiatives to create awareness among the people regarding the equitable and inexpensive access to treatment options, screening, and diagnosis. This is set to drive the Urinary Treatment Devices market during the forecast period.

Implementation of imaging technologies for scanning urinary stones is expected to drive the growth in the upcoming years. Among diagnoses, the ultrasound segment emphasizes reducing the amount of ionizing radiation delivered to patients during routine imaging. It has also become a mainstay tool in the urologists' armamentarium for the diagnosis and management of nephrolithiasis. New advancements in ultrasound technology had also facilitated its use as a therapeutic and therapy guidance aid. Ultrasound is being used as the first line for the diagnosis of urinary stones for more than 14 years and is set to grow with a healthy CAGR of 5.1% during the forecast period. Other diagnostic techniques such as MRI, intravenous pyelogram, non-contrast CT are said to contribute very little when compared to ultrasound.

 Adoption of an alternative way of treatment such as Chinese herbal medicine, Ayurveda, acupressure was minimal during the yesteryears. However, after the rediscovery of the ancient techniques, the options for treating urinary stones with herbal medicine, acupressure, etc. are being researched more and few options have also become successful in minimizing the urinary stones. This is set to hamper the market growth as WHO had already initiated a global level initiative to study and standardize the usage of medicinal plants including that of the folklore medicine.

 However modern medicine offers an effective way of treatment. Among them, the lithotripsy segment has a huge demand in the market treating urinary stones and also to sidestep the invasive surgical procedures that were used for stone removal. Lithotripsy uses ultrasonic energy or shock waves focused directly on the stone to identify the place which was previously located with fluoroscopy or ultrasound of the stones. The patient is positioned in such a way so that the stones are targeted precisely. By using this lithotripsy, the complications, hospital stays, costs and recovery time are reduced. The treatment using lithotripsy is expected to fuel market growth until 2026.

 Among stone types, the calcium oxalate segment has been reported to propel the urinary stones market till 2018. The formation of calcium oxalate stones is strongly linked to the consumption of foods consisting high amount of oxalate that naturally occurs in plants and animals. This includes beets, black tea, chocolate, nuts, potatoes, and spinach. Also, calcium in the form of supplements for several other bone-related disorders may increase the chances of forming new calcium oxalate stones in the urine. Also, consumption of more leguminous foods such as dried beans, peas, anchovies and drinking of beer may increase the chances of uric acid crystal formation due to the deposition of purines in the kidney.

 North American region highly dominates the urinary stones treatment devices market due to extensive prevalence in the occurrence of urinary stones. The favorable conditions for research and development, increased healthcare expenditure and growing utilization of advanced technology for the treatment aspects are evident in this region. The US market holds a market share of about 65% to 35% whereas the Canadian market share is set to increase by around 2% during the forthcoming years due to more immigration from other countries. Further, government initiatives towards strengthening the healthcare infrastructure are accelerating the growth of the urinary stone treatment devices market in this region. Followed by the North American region is the European region, where Germany alone contributes to more than 27% of the total European market growth due to more occurrence of Urolithiasis among German individuals followed by France, the UK, Italy, and Spain. Besides, the Asia Pacific and the Middle East countries are also expected to contribute to the market growth having potential opportunities falling under the kidney stone belt of the world.

 Some of the key players in the urinary stones treatment devices market are, Becton, Dickinson and Company, Boston Scientific Corporation, EDAP TMS S.A., Olympus Corporation, Coloplast A/S, Siemens Healthineers, Convergent Laser Technologies, Cook Medical Inc, Direx Group, Dornier MedTech GmbH, Elmed Electronics & Medical Industry & Trade Inc, KARL STORZ GmbH & Co. KG, Lumenis Ltd, Medispec LTD, Richard Wolf Medical Instruments Corporation, Allengers Medical Systems Ltd and E.M.S. Electro Medical Systems SA.

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Key Updates:

FDA Approves Retrophin’s New Formula Thiola EC (tiopronin) for treating Cystine Kidney Stones

Dornier’s new Gemini stone-busting system:  The pulverizer is both a step into the future and a blast from the past

Dornier launches AXIS™ Single-Use Digital Ureteroscope for treating Urinary Stones

Journal Summaries in Internal Medicine: Researchers examined the utility of experimental Thulium fiber laser (TFL) as an alternative to the gold standard Holmium: YAG laser for lithotripsy

The Report Provides Key Insights on

History of the Urinary Stones Treatment Devices Market, 2015 to 2017

Forecast of the Urinary Stones Treatment Devices Market Growth till the year 2026

The key market drivers, restraints, challenges, future opportunities and the market dynamics driving the Urinary Stones Treatment Devices Market

Analysis of potential growth segments which will drive the market

Landscape analysis of the major companies, and new market entrants and companies which possess disruptive technologies which can change the trend of the entire market

Key market approaches adopted by the organizations and in-depth intelligence of potential strategies which could alter the market dynamics

Urinary Stones Treatment Devices Market Based on Diagnosis (Market Size and Forecast, and Y-o-Y Growth, (US$ Mn)

·         Abdominal X-Ray

·         Computed Tomography(CT) Scan

·         Intravenous Pyelography (IVP)

·         Ultrasound

·         Abdominal MRI

Urinary Stones Treatment Devices Market Based on Treatment (Market Size and Forecast, and Y-o-Y Growth, (US$ Mn)

·         Percutaneous Nephrolithotomy (PCNL)

·         Ureteroscopy (URS)

·         Extracorporeal Shock Wave Lithotripsy (ESWL)

Urinary Stones Treatment Devices Market Based on Stone Type (Market Size and Forecast, and Y-o-Y Growth, (US$ Mn)

·         Calcium Phosphate

·         Cystine

·         Struvite

·         Uric Acid

·         Calcium Oxalate

Urinary Stones Treatment Devices Market Based on Geographic Region (Market Size and Forecast, and Y-o-Y Growth, (US$ Mn)

·         North America

·         Europe

·         APAC

·         LAMEA

Urinary Stones Treatment Devices Market Competitive Analysis (Company Overview, SWOT Matrix, Financial, Product Overview, and Market Strategies)

·         Siemens Healthineers

·         Direx Systems Corp

·         Dornier Medtech Gmbh

·         Elmed Electronics & Medical Industry & Trade Inc

·         Karl Storz Gmbh & Co. KG

·         Lumenis Ltd

·         Medispec Ltd

·         E.M.S. Electro Medical Systems SA

 Download Complete TOC of the Report @ https://www.optimainsights.org/request-toc/145-urinary-stones-treatment-devices-market

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Wound Management Devices Market Moving Towards a Brighter Future | Current Trends and Future Scenarios

Wound Management Devices Market by product, application, and end user: Opportunity Analysis and Industry Forecast, 2019–2026, the global wound management devices market size is expected to reach $18.8 billion by 2026, registering a CAGR of 4.3% from 2019 to 2026, in terms of value. Wounds are one of the most common afflictions that affect billions of people worldwide. Wounds can be classified into acute and chronic based on the severity. Acute wounds are often recovered by natural healing process whereas chronic wounds are hard to heal due to complications from cardiovascular diseases (CVD), obesity, diabetes, and other lifestyle diseases.

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Increasing geriatric population across the globe, need for fast acting wound closure devices for prevention of blood loss during surgeries, and rise in number of people suffering from chronic wounds and ulcers due to various diseases such as diabetes and CVDs primarily drives the market growth. In addition, technological advancements in wound healing procedures adopted by hospitals and clinics are further expected to boost the market growth. However, higher cost of treatments involved in wound management techniques is anticipated to restrain the market globally. Moreover, lack of proper reimbursement policies in developing countries also hamper the growth of the wound management devices market. However, introduction of novel therapies for wound healing and growing number of therapy approvals such as negative pressure wound therapies and extra corporeal shock wave therapies, create newer opportunities for the growth of the market.

Moreover, growing geriatric population along with chronic diseases and rise in awareness regarding wound management devices through medical tourism programs in the region are anticipated to propel the market growth in this region. Asia-Pacific is anticipated to grow at the highest growth rate during the forecast period due to large pool of population with unmet medical needs and changes in lifestyle. The growth is mainly attributed to the attempts of reducing surgical costs by minimizing the duration of hospital stays. Furthermore, developing countries such as China and India are expected to fuel the wound management devices market growth, owing to increasing incidences of diseases such as obesity and diabetes.

Key Findings Of The Study

North America occupied 44.88%the global wound management devices market sharein 2018.

By application, diabetic foot ulcers segment is anticipated to grow with the highest CAGR throughout the forecast period.

The hospitals segment is anticipated to grow at the 4.2% during the analysis period.

Leading Market Players:

Comprehensive competitive analysis and profiles of major market players such as Baxter International Inc., Coloplast A/S, ConvaTec Inc., Derma Sciences Inc., Hollister Inc., Johnson & Johnson, 3M Company, Medtronic Plc., Mölnlycke Health Care, and Smith & Nephew have been provided in this report.

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Electrotherapy Market Demand, Cost Analysis and Latest Advancement in Medical Sector 2027

Market Highlights:

The Global electrotherapy market is expected to have a market value of 1,463.74 million by 2027.

Electrotherapy is a pain-relieving treatment that uses electric impulses to relax muscles, improve blood circulation, repair tissues, and promote bone formation. The use of physiotherapy in the treatment of a variety of diseases has increased demand for electrotherapy around the world. The key players in the Electrotherapy Market are focusing on various growth strategies such as product launches and signing contracts and agreements for expanded reach and optimized operational costs. For instance, in May 2018, DJO Global (US) entered a strategic partnership with XPO Logistics (US), a global logistics provider of cutting-edge supply chain solutions, to manage portions of DJO Global’s North American distribution activities. Similarly, in January 2018, LivaNova, PLC (UK) acquired ImThera Medical, Inc. (US), a privately held company developing an implantable neurostimulation device system. The global electrotherapy market is highly competitive, with players competing and partnering to gain a substantial market share.

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Key Players:

Some of the key players operating in the electrotherapy market are Medtronic plc (Ireland), Alimed, Inc (US), Cogentix Medical, Inc. (US), St. Jude Medical Inc.(US), DJO Global, Inc.(US), Livanova Plc (UK), Neuromextrix Inc.(US), and Boston Scientific Corporation (US).

Segment Analysis

The global electrotherapy market is segmented based on treatment type, device type, application, and end user. The global electrotherapy market based on treatment type has been segmented into extracorporeal shock wave therapy, Interferential Current Therapy (IC), magnetic field therapy, ultrasound therapy, Transcutaneous Electrical Nerve Stimulation (TENS) therapy, micro-current therapy, Transcutaneous Spinal Electro Analgesia (TSE), Pulsed Short Wave Diathermy (PSWD), Spinal Cord Stimulation (SCS), Percutaneous Electrical Nerve Stimulation (PENS), and others. The market, by device type, has been segmented into Transcutaneous Electrical Neural Stimulator (TENS), Electronic Muscle Stimulator (EMS), Interferential Stimulator (IF), High Voltage Pulsed Galvanic Stimulator (HVPGS), Microcurrent Stimulator (MC) or Microcurrent Electrical Neuromuscular Stimulator (MENS), and others. The global electrotherapy market, by application, has been segmented into pain management, neuromuscular dysfunction, urine and fecal incontinence, acute and chronic edema, tissue repair, iontophoresis, orthopedics, cardiology, and others. The pain management segment is further divided into chronic pain, chronic fatigue, migraine headaches, wound healing, diabetic nerve pain, stimulating bone growth, and others. The global electrotherapy market, by end user, is bifurcated into hospitals & clinics, rehabilitation centers, long-term care centers, and others. Regional Analysis:

The global electrotherapy market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas has been segmented into North America and Latin America, with the North America market further divided into the US and Canada. The Americas led the market and accounted for the largest share in 2019 owing to the increasing healthcare expenditure, growing research funding, and the rising clinical trials and R&D in electrotherapy. Europe held a significant share in the global electrotherapy market. This can be attributed to the prevalence of diabetes among all age groups in the region, mostly due to overweight and obese population, unhealthy diet, and physical inactivity. In addition, an increase in the cancer survivability rate in the region is also anticipated to drive the growth of the electrotherapy market. Moreover, high healthcare spending and increasing R&D pushed the market growth.

Asia-Pacific is expected to witness the highest market growth potential over the forecast period due to the rising prevalence of neuropathy and other associated disorders, increasing adoption of electrotherapy systems, government initiatives to provide palliative care in the APAC countries, and support to improve public health. The electrotherapy market in the Middle East & Africa is showing steady growth due to the growing geriatric population and increasing prevalence of painful diabetic neuropathy. Key Findings of the Study:

The global electrotherapy market is estimated to reach USD 1,463.74million by 2027 at a CAGR of 5.10% during the assessment period of 2020 to 2027.

The Americas accounted for the largest share of the global electrotherapy market due to the presence of prominent players in the US, established healthcare infrastructure, and product clearances from regulatory authorities.

Based on treatment type, the Transcutaneous Electrical Nerve Stimulation (TENS) therapy segment accounted for the largest market share of 16.10% in 2019.

Based on device type, the Transcutaneous Electrical Neural Stimulator (TENS) is expected to be the fastest-growing segment at a CAGR of 5.81% during the forecast period.

Based on application, the pain management segment accounted for the largest market share of 21.68% in 2019.

On the basis of end user, the hospitals & clinics segment was the fastest growing at a CAGR of 5.91% during the assessment period.

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Global Electrotherapy Market Analysis, Application and Forecast to 2021-2027

Bharat Book Bureau Provides the Trending Market Research Report on “Electrotherapy Market: Information By Treatment Type (Extracorporeal Shock Wave Therapy, Interferential Current Therapy, Magnetic Field Therapy, Ultrasound Therapy, Transcutaneous Electrical Nerve Stimulation Therapy, Micro-Current Therapy, Transcutaneous Spinal Electro Analgesia, Pulsed Short Wave Diathermy, Spinal Cord Stimulation, Percutaneous Electrical Nerve Stimulation), By Device Type (Transcutaneous Electrical Neural Stimulator, Electronic Muscle Stimulator, Interferential Stimulator, High Voltage Pulsed Galvanic Stimulator, Microcurrent Stimulator), By Application (Pain Management, Neuromuscular Dysfunction, Urine & Fecal Incontinence, Acute and Chronic Edema, Tissue Repair, Iontophoresis, Orthopedics, Cardiology), By End Users (Hospitals & Clinics, Rehabilitation Centers, Long-Term Care Centers), and Region (Americas, Europe, Asia-Pacific, and Middle East & Africa) - Forecast till 2027”under  Life Sciences Market Research Reports Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

The Electrotherapy Market is anticipated to record a healthy CAGR of 5.10% during the review period, to surpass USD 1,463.74 million by the end of 2027. The factors expected to propel the global market growth are the growing prevalence of sports injuries, technological advancements and new product launches, and rising healthcare expenditure.

The development of the electrotherapy market is driven by the innovative progressions in electrotherapy frameworks, expanding corpulence, rising number of sports wounds, and expanding medical services consumption are the main considerations driving the development of the worldwide electrotherapy market. Notwithstanding, the absence of mindfulness about the utilization of electrotherapy frameworks in non-industrial nations; accessibility of many substitutes; and immersion in created nations are upsetting the development of this market. Also, aside from public consumption of medical services, a few speculations by makers, financial speculators, and new items in the worldwide intracranial drain finding and therapy market are relied upon to drive the market development.

Market Segmentation The electrotherapy market is classified into treatment type, device type, application, and end-user.

Based on treatment type, the market has been classified into extracorporeal shock wave therapy, interferential current therapy (IC), magnetic field therapy, ultrasound therapy, transcutaneous electrical nerve stimulation (TENS) therapy, micro-current therapy, transcutaneous spinal electro analgesia (TSE), pulsed short wave diathermy (PSWD), spinal cord stimulation (SCS), percutaneous electrical nerve stimulation (PENS), and others. Based on device type, the global electrotherapy market has been classified into transcutaneous electrical neural stimulator (TENS), electronic muscle stimulator (EMS), the interferential stimulator (IF), high voltage pulsed galvanic stimulator (HVPGS), microcurrent stimulator (MC), or microcurrent electrical neuromuscular stimulator (MENS), and others.

In terms of application the market has been categorized into pain management, neuromuscular dysfunction, urine and fecal incontinence, acute and chronic edema, tissue repair, iontophoresis, orthopedics, cardiology, and others. The pain management segment is again segmented into chronic pain, chronic fatigue, migraine headaches, wound healing, diabetic nerve pain, stimulating bone growth, and others.

Based on end-users the electrotherapy market is divided into hospitals & clinics, rehabilitation centers, long-term care centers, and others.

Regional Analysis Geographically, the electrotherapy market, based on region, has been studied across the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas led the market in 2019 and is probably going to keep on directing during the appraisal time frame because of the set up medical services foundation, developing mindfulness identified with electrotherapy, and the presence of central members in the area.

The European electrotherapy market has been partitioned into Western Europe and Eastern Europe. The Western Europe electrotherapy market has additionally been arranged into Germany, France, the UK, Italy, Spain, and the Rest of Western Europe. Europe would follow the Americas as far as worth during the figure time frame because of the expanding geriatric populace, the rising commonness of constant and way of life-related conditions, created medical care infrastructure, and high medical services spending.

Major Players The major players operating in global electrotherapy market are Medtronic plc (Ireland), Alimed, Inc (US), Cogentix Medical, Inc. (US), Jude Medical Inc. (US), Zynex Medical (US), DJO Global, Inc. (US), Livanova Plc (UK), Nervo Corp (US), Neuromextrix Inc. (US), and Boston Scientific Corporation (US)

COVID 19 Impacts We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

Browse our full report with Table of Content : https://www.bharatbook.com/report/1045910/electrotherapy-market-information-by-treatment-type-extracorporeal-shock-wave-therapy-interferential-current-therapy-magnetic-field-therapy-ultrasound-therapy-transcutaneous-electrical-nerve-stimulation-therapy-micro-current-therapy-transcutaneous-spinal-electro-analgesia-pulsed-short-wave-diathermy-spinal-cord-stimulation-percutaneous-electrical-nerve-stimulation-by-device-type-transcutaneous-electrical-neural-stimulator-electronic-muscle-stimulator-interferential-stimulator-high-voltage-pulsed-galvanic-stimulator-microcurrent-stimulator-by-application-pain-management-neuromuscular-dysfunction-urine-fecal-incontinence-acute-and-chronic-edema-tissue-repair-iontophoresis-orthopedics-cardiology-by-end-users-hospitals-clinics-rehabilitation-centers-long-term-care-centers-and-region-americas-europe-asia-pacific-and-middle-east-africa-forecast-till

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Extracorporeal Shock Wave Therapy Device Market Share, Overview, Competitive Analysis and Forecast 2031

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Extracorporeal Shock Wave Therapy Devices Market 2021 Industry Outlook, Key Players, Segmentation Analysis, Business Growth and Forecast to 2027

Extracorporeal Shock Wave Therapy Devices  Market Overview:

Extracorporeal shock wave therapy device is an electronic device that generates low-intensity sound waves without delay and interfaces with an individual's affected area via gel medium. Shockwave therapy offers a wide range of applications, including orthopaedics, physiotherapy, urology, sports medicine, veterinary medication treatment, rehabilitation centres, and plastic surgery. It's a non-surgical therapy for treating soft tissue issues, chronic pain, and promoting the body's natural healing system for afflicted bones and tendons.

Extracorporeal Shock Wave Therapy Devices Market Report Scope the latest industry report on the global Extracorporeal Shock Wave Therapy Devices  market assesses the opportunities and current market landscape, offering insights and updates on the corresponding segments for the forecasted period of 2021-2027. The report contains a complete analysis of major market dynamics as well as detailed information on the global Extracorporeal Shock Wave Therapy Devices   market's structure. This market research report provides unique insights into how the global Extracorporeal Shock Wave Therapy Devices   market is expected to grow from 2021 to 2027.

The primary goal of the Extracorporeal Shock Wave Therapy Devices   market research is to provide detailed information on market opportunities that are assisting in the transformation of global Extracorporeal Shock Wave Therapy Devices   enterprise. Report  provide projected growth rates along with the compound annual growth rate (CAGR) for forecasted period to enable readers to better understand the monitoring and assessment of the global Extracorporeal Shock Wave Therapy Devices   market, as well as to discover lucrative opportunities in the market.

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Extracorporeal Shock Wave Therapy Devices  Market Scope:

Maximize Market Research, report provide overall market insights for manufacturers, suppliers, distributors, and investors in the global Extracorporeal Shock Wave Therapy Devices  market. The information and data offered in the report may be used by all stakeholders in the global Extracorporeal Shock Wave Therapy Devices  market, as well as industry professionals, researchers, journalists, and business researchers.

Maximize Market Research, report provides a unique research approach to conduct detailed research on the global Extracorporeal Shock Wave Therapy Devices   market and make conclusions on the market's future growth factors. Primary and secondary research methodologies are combined in the research approach to assure the authenticity and validity of the conclusions in this report.

The report discusses the Extracorporeal Shock Wave Therapy Devices  market's drivers, restraints, opportunities, and challenges. The research helps to identify the market growth drivers and determining how to utilize these factors as strengths. Restraints can assist readers in identifying traits that are restricting the Extracorporeal Shock Wave Therapy Devices  market, as well as reducing them before they become an issue.  This will assist readers in comprehending the aspects that will influence your ability to capitalise on possibilities.

Extracorporeal Shock Wave Therapy Devices  Market Segmentation:

Global Extracorporeal Shock Wave Therapy Devices Market, By Product Type

• Table-top/Portable ESWT Device • Hand-push Type ESWT Device Global Extracorporeal Shock Wave Therapy Devices Market, By Application

• Orthopaedic • Cardiology • Erectile Dysfunction • Urology • Others

The orthopaedic and urology categories dominated the global market, and this trend is predicted to continue through 2027, with a little increase in market share. Increased adoption of pain-free treatment procedures among the younger population, value added features provided by shock wave therapy devices, and promotion of cellular proliferation, tissue regeneration, and angiogenesis have all contributed to the segments' projected share.

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Extracorporeal Shock Wave Therapy Devices  Market Key Players:

• Chattanooga • BTL • Storz Medical • EMS Electro Medical Systems • MTS Medical • Zimmer MedizinSysteme • Gymna • Likamed GmbH • Inceler Medikal • HANIL-TM • HnT Medical • Urontech • Wikkon • Longest • Xiangyu Medical • Shengchang Medical • Bio-Med Inc.

The competitive landscape shows the market share of major key competitors, as well as their key development plans and current financial performance over the previous five years. This information is anticipated to help businesses understand their competitors on a global level. Furthermore, the reports feature company profiles, product offers, critical financial data, country-level research, and a synthesis of demand and supply variables that influence market growth.

Extracorporeal Shock Wave Therapy Devices  Market Regional Analysis:

Geographically, Extracorporeal Shock Wave Therapy Devices  market report is segmented into several key regions are as follows,

Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia) Europe (Turkey, Germany, Russia UK, Italy, France, etc.) North America (the United States, Mexico, and Canada.) South America (Brazil etc.) The Middle East and Africa (GCC Countries and Egypt.) Furthermore, the study covers market size, growth rate, import and export, as well as country-level analysis, integrating the demand and supply forces of the Extracorporeal Shock Wave Therapy Devices  market in these countries, which are impacting market growth.

COVID-19 Impact Analysis on Extracorporeal Shock Wave Therapy Devices  Market:

COVID-19's global influence on the Extracorporeal Shock Wave Therapy Devices  market was examined in this research. During this crisis, the report examines the Extracorporeal Shock Wave Therapy Devices  market's alternatives, demanding conditions, and difficult possibilities in detail. In terms of funding and market expansion, the paper briefly examines the COVID-19's merits and limitations. The study also contains a set of concepts that should aid readers in developing and planning company strategies.

The report considers consultations to overcome past disruptions and foresees potential ones in order to improve preparation. Businesses can use the frameworks to design their strategic alignments in order to recover from such disruptive trends. Maximize Market Research analysts can also assist readers in breaking down a complex circumstance and bringing resiliency to a situation that is uncertain.

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[healthcare-market]

Shock Wave Therapy Device Market Development and Future Demand Analysis Report

Transparency Market Research (TMR) has published a new report titled “Shock Wave Therapy Device Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025”. According to the report the global shock wave therapy device market was valued at US$ 91.6 Mn in 2016 and is projected to expand at a CAGR of 5.0% from 2017 to 2025. The report suggests that increase in number of bone injuries and rise in demand for chair time optimization is projected to boost the shock wave therapy device market during the forecast period (2017 to 2025). North America and Europe are projected to dominate the global market owing to increase in adoption of shock wave therapy device for treatment by orthopedic doctors and patients. The market in Asia Pacific is projected to expand at exponential CAGR during the forecast period. Growth of market in Asia Pacific is attributed to large number of private clinics and hospitals, rise in the number of geriatric population requiring physiotherapy services after bone surgery, and increase in adoption of sports activities among the youth. The market for shock wave therapy device in Latin America is likely to expand at moderate growth rate during the forecast period.

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Value Added Features in Shock Wave Therapy Device to Fuel Global Market Expansion

The global shock wave therapy device market is projected to be driven by value added features offered by various shock wave therapy device companies to streamline the day-to-day work flow and increase revenue of practices. The shock wave therapy device provides a wide range of features and benefits from patient pain healing remedies to treatment procedures at varied frequencies. These features help physicians and nurse to streamline physiotherapy activities required for the patients to maintain their daily routine efficiently and effectively. Key players offering shock wave therapy devices are coming up with value added features such as effective probes, sensors, ultrasound devices, laser connectivity, effective modality features, and imaging modules, thereby reducing the overall operating cost and improving the effectiveness and efficiency of physiotherapy. These companies are focusing on developing combined shock wave therapy facilities in their system to effectively integrate therapy or treatment procedure along with imaging tools such as cameras, digital radio-graphs, high sensors, and patient education & awareness programs. These value added features save operational time of physicians and help improve pain management performance.

Radial or Ballistic Shock Wave Generation is Projected to be a Highly Lucrative Deployment Mode

Focused shock wave generation based technology is commonly used in the pain management therapy. This technology is associated with electromagnetic, electrohydraulic, and piezoelectric methodology. Price of this technology is based on perpetual license model. The radial or ballistic shock wave generation technology enables the usage of shock wave therapy device in low frequency clinical applications. This allows healing of extreme pain in musculoskeletal structures and assures 90% recovery. These attributes are likely to propel the segment during forecast period. Radial or ballistic shock wave generation based technology addresses specific challenges faced during the treatment procedure due to its low frequency shock wave therapy. The radial or ballistic shock wave generation technology provides pain relief, increase in range of motion and muscular strength in patients who have undergone bone injury.

Orthopedic and Urology Application of Shock Wave Therapy Device Leads the Market

The report offers detailed segmentation about applications of shock wave therapy device into orthopedic, cardiology, erectile dysfunction and urology. The orthopedic and urology segment is expected to account for a leading share of the market during the forecast period (2017-2025). High share of the orthopedic and urology segments are attributed to rise in orthopedic surgeries, prevalence of kidney stones among global population, and increase in demand for lithotripsy by physicians and patients contribute to the high market share of the orthopedic and urology segments. Furthermore, availability of various reimbursement and Medicare benefits for patients for the treatment of diseases is projected to propel the orthopedic & urology segments.

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Hospitals Segment to Dominate the Market During the Forecast Period

The hospitals segment accounted for a leading share of the global shock wave therapy device market. It is estimated to gain market share by the end of 2025. The segment is expected to expand at a CAGR of more than 5% during the forecast period. Expansion of the specialized pain management service, increase in number of orthopedic patient footfall in hospitals, and adoption of digital platforms for marketing pain management practices has contributed to the dominant share of the segment. Increase in number of multinational hospital chains and high digitization budgets are likely to drive the hospitals segment during the forecast period. High prevalence and incidence rates of bone injuries and kidney stones and increase in number of cases of erectile dysfunction across the global has increased patient flow to clinics. These factors are expected to fuel the clinic segment between 2017 and 2025.

Asia Pacific to Create Business Development Opportunities

North America and Europe accounted for a major share of the global shock wave therapy device market in 2016 and are likely to gain their share by 2025. High adoption of digital platforms for pain management, rise in health care budgets, and government initiative to promote minimally invasive surgery techniques have contributed to the dominant market share of these regions. Asia Pacific is projected to be the most lucrative market, with highest attractiveness index. The market in the Asia Pacific region is projected to expand at a CAGR of over 6% during the forecast period. Expansion of the market in the region is due to large number of clinics in emerging countries such as India and China, well established health care facilities and high adoption of digital health care technology in countries such as Japan, Australia & New Zealand, Malaysia, and Singapore. Market in Latin America is anticipated to expand at a moderate growth rate during the forecast period.

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Key trend of research and development among the leading Players to Increase Geographic Presence has been observed in last few years.

The report also provides profiles of leading players operating in the global shock wave therapy device market. EMS Electro Medical Systems S.A., BTL Corporate, Dornier MedTech GmbH, and Zimmer MedizinSysteme GmbH are some leading players operating in the global shock wave therapy device market. These companies are engaged in increasing their geographic presence through strategic acquisition and collaboration with other leading players. In October 2017, Dynatronics Corporation partnered with Zimmer MedizinSysteme GmbH (Zimmer) for exclusive distribution of select therapy equipment in the U.S. Other prominent players operating in the global shock wave therapy device include Siemens AG, Boston Scientific Corporation, ?NCELER MEDICAL LTD, and Guangzhou Longest Science & Technology Co.

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Electrotherapy Market : 2021 Industry Analysis By Global Size, Share, Growth, Statistics, Trends, Key Players Analysis With Regional Forecast To 2027

Electrotherapy Market Overview :

The electrotherapy market is expected to register a CAGR of 5.10% during the forecast period 2020-2027, to reach USD 1,463.74 million by 2027. MRFR recognizes the following companies as the key players in the global electrotherapy market —Medtronic plc (Ireland), Alimed, Inc (US), Cogentix Medical, Inc. (US), St. Jude Medical Inc.(US), Zynex Medical (US), DJO Global, Inc.(US), Livanova Plc (UK), Neuromextrix Inc.(US), Nervo Corp (US), and Boston Scientific Corporation (US)

Electrotherapy Market Highlights :

The global electrotherapy market is expected to have a market value of 1,463.74 million by 2027. Electrotherapy is a pain-relieving treatment that uses electric impulses to relax muscles, improve blood circulation, repair tissues, and promote bone formation. The use of physiotherapy in the treatment of a variety of diseases has increased demand for electrotherapy around the world. The key players in the electrotherapy market are focusing on various growth strategies such as product launches andsigning contracts and agreements for expanded reach and optimized operational costs.

For instance, in May 2018, DJO Global (US) entered a strategic partnership with XPO Logistics (US), a global logistics provider of cutting-edge supply chain solutions, to manage portions of DJO Global’s North American distribution activities.Similarly, in January 2018, LivaNova, PLC (UK) acquired ImThera Medical, Inc. (US), a privately held company developing an implantable neurostimulation device system.The global electrotherapy market is highly competitive, with players competing and partnering to gain a substantial market share.

Electrotherapy Market Segment Analysis :

The global electrotherapy market is segmented based on treatment type, device type, application, and end user. The global electrotherapy market based on treatment type has been segmented into extracorporeal shock wave therapy, Interferential Current Therapy (IC), magnetic field therapy, ultrasound therapy, Transcutaneous Electrical Nerve Stimulation (TENS) therapy, micro-current therapy, Transcutaneous Spinal Electro Analgesia (TSE), Pulsed Short Wave Diathermy (PSWD), Spinal Cord Stimulation (SCS), Percutaneous Electrical Nerve Stimulation (PENS), and others.The market, by device type, has been segmented into Transcutaneous Electrical Neural Stimulator (TENS), Electronic Muscle Stimulator (EMS), Interferential Stimulator (IF), High Voltage Pulsed Galvanic Stimulator (HVPGS), Microcurrent Stimulator (MC) or Microcurrent Electrical Neuromuscular Stimulator (MENS), and others.

The global electrotherapy market, by application, has been segmented into pain management, neuromuscular dysfunction, urine and fecal incontinence, acute and chronic edema, tissue repair, iontophoresis, orthopedics, cardiology, and others. The pain management segment is further divided into chronic pain, chronic fatigue, migraine headaches, wound healing, diabetic nerve pain, stimulating bone growth, and others.The global electrotherapy market, by end user, is bifurcated into hospitals & clinics, rehabilitation centers, long-term care centers, and others.

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Electrotherapy Market Regional Analysis :

The global electrotherapy market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas has been segmented into North America and Latin America, with the North America market further divided into the US and Canada. The Americas led the market and accounted for the largest share in 2019 owing to the increasing healthcare expenditure,growing research funding,and the rising clinical trials and R&Din electrotherapy.

Europe held a significant share in the globalelectrotherapy market. This can be attributed to the prevalence of diabetes among all age groups in the region, mostly due to overweight and obese population, unhealthy diet, and physical inactivity. In addition, an increase in the cancer survivability rate in the region is also anticipated to drive the growth of the electrotherapy market. Moreover, high healthcare spending and increasing R&D pushed the market growth.

Asia-Pacific is expected to witness the highest market growth potential over the forecast period due to the rising prevalence of neuropathy and other associated disorders, increasing adoption of electrotherapy systems, government initiatives to provide palliative care in the APAC countries, and support to improve public health. The electrotherapy market in the Middle East & Africa is showing steady growth due to the growing geriatric population andincreasing prevalence of painful diabetic neuropathy.

Electrotherapy Market Key Findings of the Study :

The global electrotherapy market is estimated to reach USD 1,463.74million by 2027 at a CAGR of 5.10% during the assessment period of 2020 to 2027.

The Americas accounted for the largest share of the global electrotherapy market due to the presence of prominent players in the US, established healthcare infrastructure, and product clearances from regulatory authorities.

Based ontreatment type, the Transcutaneous Electrical Nerve Stimulation (TENS) therapy segment accounted for the largest market share of 16.10% in 2019.

Based on device type, the Transcutaneous Electrical Neural Stimulator (TENS) is expected to be the fastest-growing segment at a CAGR of 5.81% during the forecast period.

Based on application, the pain management segment accounted for the largest market share of 21.68% in 2019.

On the basis of end user, the hospitals & clinics segment was the fastest growing at a CAGR of 5.91% during the assessment period

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