The report focuses on newer shockwave devices and innovations in frequency length, as well as devices that have been recently launched or are in development. This report will also highlight the current and future market potentiality of shockwave therapy, with a detailed analysis of the competitive environment between the companies. Drivers, restraints, opportunities, the impact of COVID-19, other applications of shockwave therapy and a regulatory scenario assessment will be covered in the current report. The report covers a market projection for 2025 and a market share for key players.
The report segments the market for shockwave therapy based on technology, ergonomics, application and geography.
- Based on technology, the market is divided into four segments: electromagnetic, electrohydraulic, piezoelectric technique, and radial or ballistic technique.
- Based on ergonomics, the market is segmented into fixed and portable.
- Based on application type, the market is segmented into orthopedic, urology, aesthetic, erectile dysfunction, cardiology and others.
- By geography, the market has been segmented into four regions: North America, Europe, Asia-Pacific and the Rest of the World. Detailed analysis of major countries such as the U.S., Germany, the U.K., Italy, France, Spain, Japan, China, India, Brazil, Mexico, GCC countries and South Africa will be covered in the regional segment. For market estimates, data will be provided for 2019 as the base year, with estimates for 2020 and forecast value for 2025.
The report includes:
- 41 data tables and 15 additional tables
- A brief general outlook of the global market for the shockwave therapy devices along with their current and future market potential
- Analyses of the global market trends, with data from 2018 to 2020, and projections of five-year compound annual growth rates (CAGRs) through 2025
- Estimation of the actual market size and revenue forecasts for shockwave therapy treatment market, and corresponding market share analysis by type of technology, ergonomic, application and geographical region
- Detailed analysis of competitive environment between the companies, their global rankings and market share analysis, product portfolios and market development strategies
- Discussion of market dynamics of shockwave therapy devices, their industry value chain analysis, regulatory framework, pricing analysis, and prevalence or incidence of chronic pain disease
- Impact analysis of the COVID-19 pandemic on the medical devices industry vs. outlook of the overall global economy
- Descriptive company profiles of major industry players, including Bio-Med Inc., DJO Global Inc., Inceler Medikal, Richard Wolf GmbH, STORZ MEDICAL AG and Zimmer MedizinSysteme GmbH
Table of Contents
Chapter 1 Introduction
- Study Goals and Objectives
- Reasons for Doing This Study
- Scope of Report
- Information Sources
- Methodology
- Geographic Breakdown
- Analyst's Credentials
- Custom Research
- Related Reports
Chapter 2 Summary and Highlights
Chapter 3 Market and Technology Background
- Overview of Shockwave Therapy
- Introduction
- Shockwave Therapy Function
- Conditions Effectively Treated with Shockwave Therapy
- Benefits of Shockwave Therapy Treatment
- Trends in the Market for Shockwave Therapy
- Global Demographic Overview
- Gender and Pain
- Other Influences Determining How Pain is Felt Among Individuals
- Undertreatment Issues
- Treatment of Pain and Issues Facing the Professional Segment
Chapter 4 Market Dynamics
- Market Drivers
- Increasing Incidence of Acute and Chronic Pain
- Rise in Geriatric Population and Its Impact on Medical Devices
- Demand for Technologically Improved Medical Devices
- Improved Awareness about Shockwave Therapy and Its Devices
- Market Restraints
- Lack of Trained Professionals
- Side Effects of Shockwave Therapy
- Market Opportunities
- Market Expansion into Emerging Countries
- Launch of New Shockwave Therapy Devices for Pain Management
Chapter 5 Market Breakdown by Technology
- Global Market for Shockwave Therapy by Technology
- Electromagnetic
- Electrohydraulic
- Piezoelectric Technique
- Radial or Ballistic Technique
Chapter 6 Market Breakdown by Device Category (Fixed or Portable)
- Global Market for Shockwave Therapy by Device Category
- Fixed Shockwave Devices
- Portable Shockwave Therapy
Chapter 7 Market Breakdown by Application
- Global Market for Shockwave Therapy by Application
- Orthopedic
- Urology
- Aesthetic
- Erectile Dysfunction
- Cardiology
- Other Applications
Chapter 8 Market Breakdown by Region
- Global Market for Shockwave Therapy by Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Chapter 9 Impact of COVID-19 on the Pharma and Medical Device Industry
- Short-Term Impact
- Change in Demand
- Shift of Communication and Promotions to Remote Interactions
- Research and Development Changes
- Long-Term Impact
- Delayed Approvals for Non-COVID-Related Products
- Self-Sufficiency in Pharma and Medical Device Industry
- Pharmaceutical and Medical Device Industry Growth Slow-Down
- Changes in Consumption Trends in Health-Related Products
Chapter 10 Regulatory Scenario
- Regulations in the U.S.
- Regulations in Europe
- Regulations in Japan
- Regulations in China
Chapter 11 Pain Management Services and Organizations
- Hospice
- Hospitals
- Pain Clinics
- Skilled Nursing Facilities
- Access to Palliative Care Around the World
- Assessing the Need for Palliative Care
Chapter 12 Competitive Landscape
- Global Company Market Ranking Analysis
- Product Mapping with Application and Ergonomic Status
Chapter 13 Company Profiles
- Bio-Med Inc.
- BTL Corporate
- DJO Global
- EMS Electro Medical Systems S.A.
- Inceler Medikal Co., Ltd.
- MTS Medical Ug
- Richard Wolf Gmbh
- Storz Medical Ag
- Tissue Regeneration Technologies Llc
- Zimmer Medizinsysteme Gmbh
Chapter 14 Appendix: Acronyms
List of Tables
Summary Table A: Global Market for Shockwave Therapy, by Technology, Through 2025
Summary Table B: Global Market for Shockwave Therapy, by Device Category, Through 2025
Summary Table C: Global Market for Shockwave Therapy, by Application, Through 2025
Table 1: Global Population Growth, by Select Country, 2019 and 2030
Table 2: Global Population Growth, by Age Group, Through 2050
Table 3: Global Population Growth, Aged 65+ Years and Above, by Select Country, 2019 and 2030
Table 4: Global Life Expectancy at Birth, by Select Country, 2020 Estimate
Table 5: Pain in the Age 18+ U.S. Population,* by Select Gender, 1997-2010
Table 6: Global Market for Shockwave Therapy, by Technology, Through 2025
Table 7: Global Market for Electromagnetic Technology, by Region, Through 2025
Table 8: Global Market for Electrohydraulic Technology, by Region, Through 2025
Table 9: Global Market for the Piezoelectric Technique, by Region, Through 2025
Table 10: Global Market for the Radial or Ballistic Technique, by Region, Through 2025
Table 11: Global Market for Shockwave Therapy, by Device Category, Through 2025
Table 12: Global Market for Fixed Shockwave Devices, by Region, Through 2025
Table 13: Global Market for Portable Shockwave Devices, by Region, Through 2025
Table 14: Global Market for Shockwave Therapy, by Application, Through 2025
Table 15: Global Market for Orthopedic Applications of Shockwave Therapy, by Region, Through 2025
Table 16: Global Market for Urologic Applications of Shockwave Therapy, by Region, Through 2025
Table 17: Global Market for Applications of Shockwave Therapy, by Region, Through 2025
Table 18: Global Market for Erectile Dysfunction Applications of Shockwave Therapy, by Region, Through 2025
Table 19: Global Market for Cardiology Applications of Shockwave Therapy, by Region, Through 2025
Table 20: Global Market for Other Applications of Shockwave Therapy, by Region, Through 2025
Table 21: Global Market for Shockwave Therapy, by Region, Through 2025
Table 22: North American Market for Shockwave Therapy, by Technology, Through 2025
Table 23: North American Market for Shockwave Therapy, by Device Category, Through 2025
Table 24: North American Market for Shockwave Therapy, by Application, Through 2025
Table 25: North American Market for Shockwave Therapy, by Country, Through 2025
Table 26: European Market for Shockwave Therapy, by Technology, Through 2025
Table 27: European Market for Shockwave Therapy, by Device Category, Through 2025
Table 28: European Market for Shockwave Therapy, by Application, Through 2025
Table 29: European Market for Shockwave Therapy, by Country, Through 2025
Table 30: Asia-Pacific Market for Shockwave Therapy, by Technology, Through 2025
Table 31: Asia-Pacific Market for Shockwave Therapy, by Device Category, Through 2025
Table 32: Asia-Pacific Market for Shockwave Therapy, by Application, Through 2025
Table 33: Asia-Pacific Market for Shockwave Therapy, by Country, Through 2025
Table 34: Rest of the World Market for Shockwave Therapy, by Technology, Through 2025
Table 35: Rest of the World Market for Shockwave Therapy, by Device Category, Through 2025
Table 36: Rest of the World Market for Shockwave Therapy, by Application, Through 2025
Table 37: Rest of the World Market for Shockwave Therapy, by Country/Region, Through 2025
Table 38: Hospice Admissions Shares, by Primary Diagnosis, 2016-2018
Table 39: Definition of Pain Clinics
Table 40: Desirable Characteristics of Pain Clinics, by Type
Table 41: Registered Pain Clinics, by Country
Table 42: Shockwave Therapy Products: Product Portfolio
Table 43: Bio-Med Inc.: Shockwave Therapy Product Portfolio
Table 44: BTL Corporate: Shockwave Therapy Product Portfolio
Table 45: DJO Global: Shockwave Therapy Product Portfolio
Table 46: EMS: Shockwave Therapy Product Portfolio
Table 47: Inceler Medikal: Shockwave Therapy Product Portfolio
Table 48: MTS Medical: Shockwave Therapy Product Portfolio
Table 49: Richard Wolf GmbH: Shockwave Therapy Product Portfolio
Table 50: Storz Medical AG: Shockwave Therapy Product Portfolio
Table 51: Tissue Regeneration Technologies LLC: Shockwave Therapy Product Portfolio
Table 52: Zimmer MedizinSysteme GmbH: Shockwave Therapy Product Portfolio
Table 53: Acronyms Used in This Report
List of Figures
Summary Figure A: Global Market Shares of Shockwave Therapy, by Technology, 2019
Summary Figure B: Global Market Shares of Shockwave Therapy, by Device Category, 2019
Summary Figure C: Global Market Shares of Shockwave Therapy, by Application, 2019
Figure 1: Global Population Growth, by Select Country, 2019 and 2030
Figure 2: Global Population Growth, by Age Group, 2000-2050
Figure 3: Global Population Growth, Aged 65+ Years and Above, by Select Country, 2019 and 2030
Figure 4: Global Life Expectancy at Birth, by Select Country, 2020 Estimate
Figure 5: Pain in the Age 18+ U.S. Population,* by Select Gender, 1997-2010
Figure 6: Prevalence of Chronic Pain in Different Genders, 2016
Figure 7: Prevalence Rates of Chronic Pain in Different Age Groups, 2015 and 2016
Figure 8: Share of Population Aged 65 Years or Over, by Country/Region, 2019
Figure 9: Forecasted Share of Population Aged 65 Years or Over, by Region, 2050
Figure 10: Increase in Aging Population, 2011 and 2050
Figure 11: Increase in Aging Population, 2011 and 2050
Figure 12: Global Market Shares of Shockwave Therapy, by Technology, 2019
Figure 13: Global Market for Electromagnetic Technology, 2018-2025
Figure 14: Global Market for Electromagnetic Technology, by Region, 2018-2025
Figure 15: Global Market for Electrohydraulic Technology, 2018-2025
Figure 16: Global Market for Electrohydraulic Technology, by Region, 2018-2025
Figure 17: Global Market for the Piezoelectric Technique, 2018-2025
Figure 18: Global Market for the Piezoelectric Technique, by Region, 2018-2025
Figure 19: Global Market for the Radial or Ballistic Technique, 2018-2025
Figure 20: Global Market for the Radial or Ballistic Technique, by Region, 2018-2025
Figure 21: Global Market Shares of Shockwave Therapy, by Device Category, 2019
Figure 22: Global Market for Fixed Shockwave Devices, 2018-2025
Figure 23: Global Market for Fixed Shockwave Devices, by Region, 2018-2025
Figure 24: Global Market for Portable Shockwave Devices, 2018-2025
Figure 25: Global Market for Portable Shockwave Devices, by Region, 2018-2025
Figure 26: Global Market Shares of Shockwave Therapy, by Application, 2019
Figure 27: Global Market for Orthopedic Applications of Shockwave Therapy, 2018-2025
Figure 28: Global Market for Orthopedic Applications of Shockwave Therapy, by Region, 2018-2025
Figure 29: Global Market for Urologic Applications of Shockwave Therapy, 2018-2025
Figure 30: Global Market for Urologic Applications of Shockwave Therapy, by Region, 2018-2025
Figure 31: Global Market for Aesthetic Applications of Shockwave Therapy, 2018-2025
Figure 32: Global Market for Aesthetic Applications of Shockwave Therapy, by Region, 2018-2025
Figure 33: Global Market for Erectile Dysfunction Applications of Shockwave Therapy, 2018-2025
Figure 34: Global Market for Erectile Dysfunction Applications of Shockwave Therapy, by Region, 2018-2025
Figure 35: Global Market for Cardiology Applications of Shockwave Therapy, 2018-2025
Figure 36: Global Market for Cardiology Applications of Shockwave Therapy, by Region, 2018-2025
Figure 37: Global Market for Other Applications of Shockwave Therapy, 2018-2025
Figure 38: Global Market for Other Applications of Shockwave Therapy, by Region, 2018-2025
Figure 39: Global Market Shares of Shockwave Therapy, by Region, 2019
Figure 40: North American Market Shares of Shockwave Therapy, by Technology, 2019
Figure 41: North American Market Shares of Shockwave Therapy, by Device Category, 2019
Figure 42: North American Market Shares of Shockwave Therapy, by Application, 2019
Figure 43: North American Market Shares of Shockwave Therapy, by Country, 2019
Figure 44: U.S. Market for Shockwave Therapy, 2018-2025
Figure 45: Canadian Market for Shockwave Therapy, 2018-2025
Figure 46: Mexican Market for Shockwave Therapy, 2018-2025
Figure 47: European Market Shares of Shockwave Therapy, by Technology, 2019
Figure 48: European Market Shares of Shockwave Therapy, by Device Category, 2019
Figure 49: European Market Shares of Shockwave Therapy, by Application, 2019
Figure 50: European Market Shares of Shockwave Therapy, by Country, 2019
Figure 51: German Market for Shockwave Therapy, 2018-2025
Figure 52: French Market for Shockwave Therapy, 2018-2025
Figure 53: U.K. Market for Shockwave Therapy, 2018-2025
Figure 54: Italian Market for Shockwave Therapy, 2018-2025
Figure 55: Spanish Market for Shockwave Therapy, 2018-2025
Figure 56: Rest of the European Market for Shockwave Therapy, 2018-2025
Figure 57: Asia-Pacific Market Shares of Shockwave Therapy, by Technology, 2019
Figure 58: Asia-Pacific Market Shares of Shockwave Therapy, by Device Category, 2019
Figure 59: Asia-Pacific Market Shares of Shockwave Therapy, by Application, 2019
Figure 60: Asia-Pacific Market Shares of Shockwave Therapy, by Country, 2019
Figure 61: Japanese Market for Shockwave Therapy, 2018-2025
Figure 62: Chinese Market for Shockwave Therapy, 2018-2025
Figure 63: Indian Market for Shockwave Therapy, 2018-2025
Figure 64: Australian and New Zealand Market for Shockwave Therapy, 2018-2025
Figure 65: Rest of Asia-Pacific Market for Shockwave Therapy, 2018-2025
Figure 66: Rest of the World Market Shares of Shockwave Therapy, by Technology, 2019
Figure 67: Rest of the World Market Shares of Shockwave Therapy, by Device Category, 2019
Figure 68: Rest of the World Market Shares of Shockwave Therapy, by Application, 2019
Figure 69: Rest of the World Market Shares of Shockwave Therapy, by Country/Region, 2019
Figure 70: Brazilian Market for Shockwave Therapy, 2018-2025
Figure 71: GCC Countries Market for Shockwave Therapy, 2018-2025
Figure 72: Other Rest of the World Market for Shockwave Therapy, 2018-2025
Figure 73: China SFDA Drug Regulatory Approval Process
Figure 74: Annual Number of U.S. Hospice Patients, 2010-2018
Figure 75: U.S. Shares of Hospice Patients, by Gender, 2010-2018
Figure 76: U.S. Shares of Hospice Patients, by Age Group, 2010-2018
Figure 77: Distribution of Causes of Mortality and Potential Need for Palliative Care, 2017
Figure 78: Global Market Ranking of Shockwave Therapy, by Manufacturer, 2019
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Executive Summary
The high growth rate of this segment is attributed to factors such as demand for shockwave therapy among patients, the growing COVID-19pandemic and its side effects in terms of neurological problems, other orthopedic diseases and an increase in R&D by key companies working on new shockwave therapies to counter the rise in neurological disorders globally.
Other factors likely to fuel the demand for shockwave therapy among the older population range in the near future include an increase in shockwave therapy use in low- and middle-income countries such as India, Malaysia, African countries and others; an overall increase in the number of prescriptions for shockwave therapy by physicians and physiotherapists; and an increasing number of uses of shockwave therapy for erectile disorders in men. This is likely to propel the growth of the shockwave therapy market during the forecast period.
According to the Urology San Antonio, erectile dysfunction is one of the major problems that men have globally, and shockwave therapy is the newest treatment module that can help patients dealing with ED. Around 50% of the men struggle to maintain their erection. Few shockwave therapy devices are approved by FDA, but significant testing has been performed, and much peer-reviewed research proves shockwave therapy to be effective in 80% of erectile dysfunction patients.
Companies Mentioned
- Bio-Med Inc.
- BTL Corporate
- DJO Global
- EMS Electro Medical Systems S.A.
- Inceler Medikal Co., Ltd.
- MTS Medical Ug
- Richard Wolf Gmbh
- Storz Medical Ag
- Tissue Regeneration Technologies Llc
- Zimmer Medizinsysteme Gmbh
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 166 |
| Published | February 2021 |
| Forecast Period | 2020 - 2025 |
| Estimated Market Value ( USD | $ 2 Billion |
| Forecasted Market Value ( USD | $ 2.6 Billion |
| Compound Annual Growth Rate | 6.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
