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(India.CityRegions.Com, October 04, 2018 ) Industry Outlook Lithotripsy is a medical procedure used for physical removal of hardened masses like gallstones, bezoars or kidney stones. Lithotripsy is derived from Greek language meaning, “breaking stones”. Shockwave therapy is used for braking the hardened masses in this technique. The Lithotripsy procedure is growing due to; technical advancements in the devices used in this procedure, rising aged population across the globe, rising number of cases related to urolithiasis, etc. Therefore, the Lithotripsy Market is anticipated to expand and has tremendous scope during the forecast period. The global Lithotripsy Market anticipated to flourish in the future by growing at a significantly higher CAGR.
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Market Segmentation The global Lithotripsy Market is based on segment, by Type the market is segmented into Intracorporeal Lithotripsy System (Ultrasonic Lithotripsy, Mechanical Lithotripsy, Laser Lithotripsy & Electrohydraulic Lithotripsy) and Extracorporeal Shock Wave Lithotripsy System, and by Application the market is segmented into Bile Duct & Pancreatic Stones, Kidney and Ureteral.
Regional Insights On a global front, the Lithotripsy Market covers North America (United States, Canada and Mexico), Europe (Germany, UK, France, Russia, Italy, Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific), South America (Brazil, Argentina, Columbia, Rest of South America) and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA). European region is leading the Lithotripsy Market due to advancement in technology, rising awareness amongst the population, etc.
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Competitive Analysis The leading players in the market are Direx Group, Richard Wolf, Siemens AG, Boston Scientific Corp., Olympus corp., Dornier MedTech and Medispec Inc. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
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Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025? What will be the industry market growth from 2015 to 2025? What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast? What are the major segments leading the market growth and why? Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Qurate Business Intelligence
Nehal Chinoy
+919881074592
nehal@qurateresearch.com
Source: EmailWire.Com
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