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Los Angeles, CA -- (SBWIRE) -- 10/10/2018 -- This report studies the global Extracorporeal Shock Wave Therapy Device market status and forecast, categorizes the global Extracorporeal Shock Wave Therapy Device market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa.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.
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The global Extracorporeal Shock Wave Therapy Device market is valued at 93 million US$ in 2017 and will reach 150 million US$ by the end of 2025, growing at a CAGR of 6.0% during 2018-2025.
The major manufacturers covered in this report
Chattanooga(DJO)(US)
BTL(UK)
Storz Medical(Switzerland)
EMS Electro Medical Systems(Switzerland)
MTS Medical(Germany)
Zimmer MedizinSysteme(Germany)
Gymna(Belgium)
Likamed GmbH(Germany)
Inceler Medikal(Turkey)
HANIL-TM(Korea)
HnT Medical(Korea)
Urontech(Korea)
Wikkon(China)
Longest(China)
Xiangyu Medical(China)
Shengchang Medical(China)
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
North America
Europe
China
Japan
Southeast Asia
India
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