Extracorporeal Shock Wave Therapy Market : Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017 to 2021 and Forecast 2022 to 2028

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Global Extracorporeal Shock Wave Therapy Market by Type (Mobile Shock Wave Therapy Devices, Fixed Shock Wave Therapy Devices), by Technology (Electromagnetic Technique, Electrohydraulic Technique, Piezoelectric Technique, Radial Technique), by Application (Kidney Stones, Pancreatic Stones, Uretic Stones, Salivary Stones, Musculoskeletal Disorders), by End-user (Hospitals, Physiotherapy Centres, Ambulatory Surgical Centres,Clinics, Radiology Labs, Others) and Geography

 

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Report

Description

The Extracorporeal Shock Wave Therapy Market size was estimated at USD 102.24 million in 2021, growing at a CAGR of 6.3% during the forecast period 2022-2028. Extracorporeal Shock Wave Therapy Market (ESWT) is developed for the treatment of gall and kidney stones. Extracorporeal shock wave therapy has been used to treat rise in number of musculoskeletal conditions, like rotator cuff tendinitis, tennis elbow, patellar tendinopathy, plantar fasciitis, bony non-unions and Achilles tendinopathy. Shock wave therapy devices are non-invasive treatment for the musculoskeletal pain and can be used frequently in urology, physiotherapy, sports medicine, veterinary medicine and orthopaedics. It is also called as Extracorporeal Shock Wave Therapy (ESWT). Abrupt, high amplitude mechanical energy pulses are generated with help of the electromagnetic coil to manage and reduce the pain in ESWT process. ESWT is an alternative for surgery and also helps in speedy recovery of patients who are suffering from various tendon, muscle and joint disorders. Extracorporeal Shock Wave Therapy (ESWT) market is expected to register a significant CAGR over a forecast period. As the sports-related injuries are common issues, ESWT market has gained more popularity by the sport clinicians and athletes. ESWT devices have received FDA-approval for lateral epicondylitis and plantar fasciitis. According to Health and Safety Executive, the UK, 41% of ill health was encountered among the UK employees due to work-related musculoskeletal disorders (WRMSD), accounting for around 1,311,000 cases in 2014. Furthermore, as per to the Centre for Disease Control about 22.7% of adults are diagnosed with various kind of arthritis, which is accounting around 54.4 million cases from 2013-2015. The high prevalence rate of musculoskeletal disorders creates a highly conducive environment for growth of shock wave therapy devices market.

Key Developments:

In 2003, OssaTron by HealthTronics, Inc., Marietta, GA, USA was approved to treat chronic heel pain

In 2001, Dornier Epos Ultra by Dornier Medical Systems, Inc., Kennesaw, GA, USA was approved for treatment of chronic plantar fasciitis for patients with symptoms of plantar fasciitis for 6 months or more and a history of unsuccessful conservative therapy

In 2002, Siemens SONOCUR Basic by Siemens Medical Solutions, Inc., Iselin, NJ, USA was approved for treatment of pain due to tennis elbow

Extracorporeal Shock Wave Therapy Market

MARKET SUMMARY
-
6.3%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 6.3%
  • Largest Market– North America
  • Fastest Growing Market– Asia Pacific

Extracorporeal Shock Wave Therapy Market

  • The report on global extracorporeal shock wave therapy market gives historical, current, and future market sizes (US$ Bn) on the basis of by type, technology, application, end-user and region
  • The extracorporeal shock wave therapy market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • Dornier MedTech GmbH (Germany)
  • Boston Scientific Corporation (U.S.)
  • Cook Group Inc. (U.S.)
  • C.R. Bard Inc. (U.S.)
  • Medtrue Enterprise Co. Ltd. (U.K.)
  • Olympus Corporation (Japan)
Extracorporeal Shock Wave Therapy Market Dynamics

Rise in prevalence of arthritis and musculoskeletal disorders are the critical driving factors for the growth of the ESWT market. Demand for advance technological treatment for pain management and non-invasive nature of the therapy is the prime factors expected to drive the growth of ESWT market over the forecast period. ESWT helps in metabolic stimulation and increased cellular activity of the body which plays a major role in the rising demand for ESWT devices in the market. As per the report given by the Population Reference Bureau, world’s population from 2016, is going to increase by 33% and estimated to reach 9.9 Bn by 2050 in which is mainly characterized by a large pool of geriatric population who are is highly prone to the wounds and injuries in turn creates a positive environment for the growth of global shock wave therapy devices market. On the other hand, lack of skilled professionals for the operation and handling of the device and high cost of the therapy may constrain the growth of the ESWT market over the forecast period.


North-America got significant share

Extracorporeal Shock Wave Therapy Market

Based on the geographical region, ESWT market is segmented as Latin America, North America, Asia Pacific, Europe, Middle East, and Africa. North America has the largest share in the global market, due to technological advancements and major investments in R&D of medical device technology. The Asia Pacific regions with emerging markets such as China and India are anticipated to show high growth in the market due to rise in population pool, changes in the lifestyle and healthcare infrastructure developments. Latin American countries like Brazil and Mexico have significant potential due to the evolving medical infrastructure.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share and forecast from 2021-2027
  • The report covers in-detail insights about the competitor’s overview, key findings and their key strategies
  • The report outlines drivers, restraints, challenges, and trends that are currently faced by the industry
  • The report tracks recent innovations, key developments and startup’s details that are working in the industry
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
Segmentation

Extracorporeal Shock Wave Therapy Market


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content

  1. Executive summary
  2. Global Extracorporeal Shock Wave Therapy (ESWT) Market Introduction
    • Global Extracorporeal Shock Wave Therapy (ESWT) Market – Taxonomy
    • Global Extracorporeal Shock Wave Therapy (ESWT) Market –Definitions
      • Device Type
      • Technology
      • Application
  1. Global Extracorporeal Shock Wave Therapy (ESWT) Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Extracorporeal Shock Wave Therapy (ESWT) Market Dynamics – Factors Impact Analysis
    • Global Extracorporeal Shock Wave Therapy (ESWT) Market – Regulations
      • US
      • Europe
      • Japan
    • Global Extracorporeal Shock Wave Therapy (ESWT) Market – Recent Product Innovations
  2. Global Extracorporeal Shock Wave Therapy (ESWT) Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024
    • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Oppurtunity Analysis
  3. Global Extracorporeal Shock Wave Therapy (ESWT) Market, By Device Type, 2013 – 2017 and Forecast, 2018 – 2024
    • Mobile Shock Wave Therapy Devices
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Fixed Shock Wave Therapy Devices
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Extracorporeal Shock Wave Therapy (ESWT) Market, By Technology, 2013 – 2017 and Forecast, 2018 – 2024
    • Electromagnetic Technique
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Electrohydraulic Technique
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Piezoelectric Technique
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Radial Technique
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Extracorporeal Shock Wave Therapy (ESWT) Market Forecast, By Application, 2013 – 2017 and Forecast, 2018 – 2024
    • Kidney Stones
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Pancreatic Stones
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Uretic Stones
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Salivary Stones
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Musculoskeletal Disorders
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Extracorporeal Shock Wave Therapy (ESWT) Market Forecast, By End User, 2013 – 2017 and Forecast, 2018 – 2024
    • Hospitals
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Physiotherapy Centres
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Ambulatory Surgical Centres
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Clinics
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Radiology Labs
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Extracorporeal Shock Wave Therapy (ESWT) Market Forecast, By Region, 2013 – 2017 and Forecast, 2018 – 2024
    • North America
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Extracorporeal Shock Wave Therapy (ESWT) Market – Opportunity Analysis Index – By Device Type, By Technology, By Application, By End User, and Region, 2018 – 2024
  2. North America Extracorporeal Shock Wave Therapy (ESWT) Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024
    • Device Type Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Mobile Shock Wave Therapy Devices
      • Fixed Shock Wave Therapy Devices
    • Technology Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Electromagnetic Technique
      • Electrohydraulic Technique
      • Piezoelectric Technique
      • Radial Technique
    • Application Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Kidney Stones
      • Pancreatic Stones
      • Uretic Stones
      • Salivary Stones
      • Musculoskeletal Disorders
    • End User Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Physiotherapy Centers
      • Ambulatory Surgical Centers
      • Clinics
      • Radiology Labs
      • Others
    • Country Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • S.
      • Canada
    • North America Extracorporeal Shock Wave Therapy (ESWT) Market – Opportunity Analysis Index – By Device Type, Technology, By Application, By End User, and Country, 2018 – 2024
    • North America Extracorporeal Shock Wave Therapy (ESWT) Market Dynamics – Trends
  3. Europe Extracorporeal Shock Wave Therapy (ESWT) Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024
    • Device Type Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Mobile Shock Wave Therapy Devices
      • Fixed Shock Wave Therapy Devices
    • Technology Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Electromagnetic Technique
      • Electrohydraulic Technique
      • Piezoelectric Technique
      • Radial Technique
    • Application Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Kidney Stones
      • Pancreatic Stones
      • Uretic Stones
      • Salivary Stones
      • Musculoskeletal Disorders
    • End User Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Physiotherapy Centers
      • Ambulatory Surgical Centers
      • Clinics
      • Radiology Labs
      • Others
    • Country Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Extracorporeal Shock Wave Therapy (ESWT) Market – Opportunity Analysis Index – By Device Type, Technology, By Application, By End User, and Country, 2018 – 2024
    • Europe Extracorporeal Shock Wave Therapy (ESWT) Market Dynamics – Trends
  4. Asia-Pacific Extracorporeal Shock Wave Therapy (ESWT) Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024
    • Device Type Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Mobile Shock Wave Therapy Devices
      • Fixed Shock Wave Therapy Devices
    • Technology Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Electromagnetic Technique
      • Electrohydraulic Technique
      • Piezoelectric Technique
      • Radial Technique
    • Application Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Kidney Stones
      • Pancreatic Stones
      • Uretic Stones
      • Salivary Stones
      • Musculoskeletal Disorders
    • End User Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Physiotherapy Centers
      • Ambulatory Surgical Centers
      • Clinics
      • Radiology Labs
      • Others
    • Country Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn),
  5. Y-o-Y Growth (%), and Market Share (%)
    • Japan
    • China
    • India
    • ASEAN
    • Australia & New Zealand
    • Rest of Asia-Pacific
  • Asia-Pacific Extracorporeal Shock Wave Therapy (ESWT) Market – Opportunity Analysis Index – By Device Type, Technology, By Application, By End User, and Country, 2018 – 2024
  • Asia-Pacific Extracorporeal Shock Wave Therapy (ESWT) Market Dynamics – Trends
  1. Latin America Extracorporeal Shock Wave Therapy (ESWT) Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024
    • Device Type Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Mobile Shock Wave Therapy Devices
      • Fixed Shock Wave Therapy Devices
    • Technology Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Electromagnetic Technique
      • Electrohydraulic Technique
      • Piezoelectric Technique
      • Radial Technique
    • Application Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Kidney Stones
      • Pancreatic Stones
      • Uretic Stones
      • Salivary Stones
      • Musculoskeletal Disorders
    • End User Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Physiotherapy Centers
      • Ambulatory Surgical Centers
      • Clinics
      • Radiology Labs
      • Others
    • Country Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Venezuela
      • Rest of Latin America
    • Latin America Extracorporeal Shock Wave Therapy (ESWT) Market – Opportunity Analysis Index – By Device Type, Technology, By Application, By End User, and Country, 2018 – 2024
    • Latin America Extracorporeal Shock Wave Therapy (ESWT) Market Dynamics – Trends
  2. Middle East & Africa Extracorporeal Shock Wave Therapy (ESWT) Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024
    • Device Type Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Mobile Shock Wave Therapy Devices
      • Fixed Shock Wave Therapy Devices
    • Technology Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Electromagnetic Technique
      • Electrohydraulic Technique
      • Piezoelectric Technique
      • Radial Technique
    • Application Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Kidney Stones
      • Pancreatic Stones
      • Uretic Stones
      • Salivary Stones
      • Musculoskeletal Disorders
    • End User Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Physiotherapy Centers
      • Ambulatory Surgical Centers
      • Clinics
      • Radiology Labs
      • Others
    • Country Analysis (2013 – 2017) and Forecast (2018 – 2024) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Extracorporeal Shock Wave Therapy (ESWT) Market – Opportunity Analysis Index – By Device Type, Technology, By Application, By End User, and Country, 2018 – 2024
    • MEA Extracorporeal Shock Wave Therapy (ESWT) Market Dynamics – Trends
  3. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Product & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Dornier MedTech GmbH (Germany)
      • Boston Scientific Corporation (U.S.)
      • Cook Group Inc. (U.S.)
      • R. Bard Inc. (U.S.)
      • Medtrue Enterprise Co. Ltd. (U.K.)
      • Olympus Corporation (Japan)
      • Lumenis Ltd (Israel)
      • Siemens AG (Germany)
      • Karl Storz GmbH (Germany)
  4. Research Methodology
  5. Key Assumptions and Acronyms

Report

Company Profile

  • Dornier MedTech GmbH (Germany)
  • Boston Scientific Corporation (U.S.)
  • Cook Group Inc. (U.S.)
  • C.R. Bard Inc. (U.S.)
  • Medtrue Enterprise Co. Ltd. (U.K.)
  • Olympus Corporation (Japan)
  • Lumenis Ltd (Israel)
  • Siemens AG (Germany)
  • Karl Storz GmbH (Germany)

Description

The Extracorporeal Shock Wave Therapy Market size was estimated at USD 102.24 million in 2021, growing at a CAGR of 6.3% during the forecast period 2022-2028. Extracorporeal Shock Wave Therapy Market (ESWT) is developed for the treatment of gall and kidney stones. Extracorporeal shock wave therapy has been used to treat rise in number of musculoskeletal conditions, like rotator cuff tendinitis, tennis elbow, patellar tendinopathy, plantar fasciitis, bony non-unions and Achilles tendinopathy. Shock wave therapy devices are non-invasive treatment for the musculoskeletal pain and can be used frequently in urology, physiotherapy, sports medicine, veterinary medicine and orthopaedics. It is also called as Extracorporeal Shock Wave Therapy (ESWT). Abrupt, high amplitude mechanical energy pulses are generated with help of the electromagnetic coil to manage and reduce the pain in ESWT process. ESWT is an alternative for surgery and also helps in speedy recovery of patients who are suffering from various tendon, muscle and joint disorders. Extracorporeal Shock Wave Therapy (ESWT) market is expected to register a significant CAGR over a forecast period. As the sports-related injuries are common issues, ESWT market has gained more popularity by the sport clinicians and athletes. ESWT devices have received FDA-approval for lateral epicondylitis and plantar fasciitis. According to Health and Safety Executive, the UK, 41% of ill health was encountered among the UK employees due to work-related musculoskeletal disorders (WRMSD), accounting for around 1,311,000 cases in 2014. Furthermore, as per to the Centre for Disease Control about 22.7% of adults are diagnosed with various kind of arthritis, which is accounting around 54.4 million cases from 2013-2015. The high prevalence rate of musculoskeletal disorders creates a highly conducive environment for growth of shock wave therapy devices market.

Key Developments:

In 2003, OssaTron by HealthTronics, Inc., Marietta, GA, USA was approved to treat chronic heel pain

In 2001, Dornier Epos Ultra by Dornier Medical Systems, Inc., Kennesaw, GA, USA was approved for treatment of chronic plantar fasciitis for patients with symptoms of plantar fasciitis for 6 months or more and a history of unsuccessful conservative therapy

In 2002, Siemens SONOCUR Basic by Siemens Medical Solutions, Inc., Iselin, NJ, USA was approved for treatment of pain due to tennis elbow

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