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Los Angeles, CA -- (SBWIRE) -- 04/17/2019 -- Extracorporeal Shock Wave Therapy (ESWT) is a noninvasive, FDA-approved technology that uses shock waves to treat chronic, painful conditions of the musculoskeletal system. The procedure has also proven to be extremely effective for improved penile function. ESWT produces intense, short energy waves that travel faster than the speed of sound. This shock wave, in turn, generates pulses of high pressure sound that travel through the skin, initiating tissue repair. ESWT can often heal even chronic conditions that the body has previously been unable to repair on its own. The weak shock waves interact with deep tissue where they cause mechanical stress and microtra uma that stimulate the body to jump into action.
The global ESWT devices market is dominated by few players from Switzerland, UK, Germany and United States, like Chattanooga(DJO), BTL from UK, Storz Medical and EMS Electro Medical Systems from Switzerland, while MTS Medical, Zimmer MedizinSysteme and Likamed GmbH from Germany. There are several middle and small size players from Korea, Turkey, Belgium and China, like Gymna from Belgium, HANIL-TM, HnT Medical and Urontech from Korea, Inceler Medikal from Turkey, while Wikkon, Longest, Xiangyu Medical and Shengchang Medical from China. The key technology is in the hand of the top players, some Chinese players import the key critical components and assembled in China, lack of key technologies, high costs, low price, low-quality and full of competition.
The global Extracorporeal Shock Wave Therapy Device market was 93 million US$ in 2018 and is expected to 150 million US$ by the end of 2025, growing at a CAGR of 6.0% between 2019 and 2025.
This report studies the Extracorporeal Shock Wave Therapy Device market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Extracorporeal Shock Wave Therapy Device in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
EMS Electro Medical Systems(Switzerland)
By the product type, the market is primarily split into
Table-top/Portable ESWT Device
Hand-push Type ESWT Device
By the end users/application, this report covers the following segments
Physical Therapy and Sports Center
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