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Shockwave Therapy Market to Hit USD 2.15 Bn by 2029: Competitive Landscape, Industry Analysis, New opportunities, Dynamics and Regional Insights

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Shockwave Therapy Market to Hit USD 2.15 Bn by 2029: Competitive Landscape, Industry Analysis, New opportunities, Dynamics and Regional Insights

April 06
13:01 2023
Shockwave Therapy Market to Hit USD 2.15 Bn by 2029: Competitive Landscape, Industry Analysis, New opportunities, Dynamics and Regional Insights
The growing incidence of tendinopathies fueling the market and shockwave therapy has gathered a groundswell of attention from medical device owners who are entering this market.
Shockwave Therapy Market size reached USD 1.26 Bn in 2022 and is expected to reach USD 2.15 Bn by 2029, growing at a CAGR of 6.9 % during the forecast period.

Pune 6, April 2023: The report expects the “Shockwave Therapy Market” to grow from USD 1.26 Bn in 2022 to USD 2.15 Bn by 2029 at a CAGR of 6.9 percent over the forecast period. The report is a mixture of primary data and secondary data and domain expert has analyzed the Shockwave Therapy Market from a local, global and regional point of view.

Shockwave Therapy Market Report Scope and Research Methodology

The report involves the extensive usage of both primary and secondary methods used for the collection of data for the Shockwave Therapy market. The Shockwave Therapy report provides information on factors affecting the industry, including the competitive landscape, market environment historical data, present trends in the market, upcoming technologies and the market risks, opportunities, market barriers, and challenges. The Shockwave Therapy market report covers current trends and market highlights, assisting clients in exploring opportunities and developing market strategies. 

The report also focuses on the Shockwave Therapy market drivers, opportunities, restraints, and challenges. The segment-by-segment analysis is given by Technique, Application and End User. The report provides information on the industry of market structure by country and the market share held by the market leaders, market followers, and local companies. The analysis also provides information on the emerging regions that are expected to be major markets for Shockwave Therapy. The bottom approach was used for the estimation of the Shockwave Therapy Market size. 

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Shockwave Therapy Market Dynamics

Shockwave Therapy is extensively used for the treatment of musculoskeletal conditions. As a result, an increase in the prevalence of musculoskeletal disorders helps to drive the growth of the market. The rising geriatric population and increasing incidences of accidents and sports injuries among the younger population are the responsible factors that help to influence the demand for the Shockwave Therapy Market. 

The increasing adoption of the intervention of non–invasive therapeutics is a growing trend for the Shockwave Therapy Market. During the forecast period, the increase in investments in research and development activities for the advancements of medical devices in the healthcare industry is an expected lucrative opportunity for the growth of the market. 

Shockwave Therapy Market Regional Insights

During the forecast period, North America is expected to dominate the Shockwave Therapy Market in terms of revenue. The regional market is driven by technological advancements in shortwave therapy, a rapid increase in the geriatric population, an increase in the prevalence of arthritis and musculoskeletal disorders and rising investment in R&D activities by pharmaceutical companies. Asia Pacific region is expected to grow at a significant CAGR over the forecast period. The increase in road accidents, the prevalence of chronic and cardiovascular diseases and increasing investment by the government are the influencing factors that are responsible for the regional growth of the market. 

Shockwave Therapy Market Segmentation

By Technique

  • Electrohydraulic Shock Waves
  • Piezoelectric Shock Waves
  • Radial Shock Waves
  • Other


By Application

  • Orthopedic
  • Cardiology
  • Urology
  • Other


By End User

  • Hospitals
  • Clinics
  • Other


Shockwave Therapy Market Key Players include:

  • Dornier Med Tech GmbH
  • Zimmer MedizinSysteme GmbH
  • Medtrue Enterprise Co. Ltd.
  • MS Electro Medical Systems S.A.
  • BTL Corporate
  • Bio-Med Inc
  • DJO Global Inc.
  • MTS Medical
  • Lumenis Ltd.
  • Edaptms TMS
  • Boston Scientific Corporation
  • C.R. Bard Inc.
  • Cook Group Inc.
  • Olympus Corporation
  • Inceler Medikal Co. Ltd.
  • EMS Dolorclast


Get the Sample PDF of Report:  

Table of for Global Shockwave Therapy Market:

  • Global Shockwave Therapy Market: Research Methodology


  • Global Shockwave Therapy Market: Executive Summary
  • Market Overview and Definitions
  • Introduction to the Global Market
  • Summary
  • Key Findings
  • Recommendations for Investors
  • Recommendations for Market Leaders 
  • Recommendations for New Market Entry


  • Global Shockwave Therapy Market: Competitive Analysis 
  • MMR Competition Matrix
  • Market Structure by region
  • Competitive Benchmarking of Key Players
  • Consolidation in the Market
  • M&A by region
  • Key Developments by Companies
  • Market Drivers
  • Market Restraints
  • Market Opportunities 
  • Market Challenges
  • Market Dynamics
  • PORTERS Five Forces Analysis
  • Regulatory Landscape by region
  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America
  • COVID-19 Impact


  • Global Shockwave Therapy Market Segmentation
  • Global Market, by Technique (2022-2029)
  • Global Market, by Application (2022-2029)
  • Global Market, by End User (2022-2029) 


  • Regional Global Shockwave Therapy Market(2022-2029)
  • Regional Market, by Technique (2022-2029)
  • Regional Market, by Application (2022-2029)
  • Regional Market, by End User (2022-2029)
  • Regional Market, by Country (2022-2029)


  • Company Profile: Key players
  • Company Overview
  • Financial Overview
  • Global Presence
  • Capacity Portfolio
  • Business Strategy 
  • Recent Developments


Key questions answered in the Shockwave Therapy Market are:

  • What is Shockwave Therapy?
  • What was the Shockwave Therapy market size in 2022?
  • What is the expected Shockwave Therapy market size by 2029?
  • What is the growth rate of the Shockwave Therapy Market?
  • Which are the factors expected to drive the Shockwave Therapy market growth?
  • What are the different segments of the Shockwave Therapy Market?
  • What are the factors restraining the growth of the Shockwave Therapy Market?
  • What is the demand pattern of the Shockwave Therapy Market?
  • What are the major challenges that the Shockwave Therapy Market could face in the future? 
  • What segments are covered in the Shockwave Therapy Market?
  • What are the upcoming industry applications and trends for the Shockwave Therapy Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for Shockwave Therapy Market? 


Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis of the Technique, Application, End User and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of business by region


Maximize Market Research Medical Devices research firm, has also published the following reports:

Non-invasive Fat Reduction MarketThe market size is expected to reach USD 3.65 Bn by 2029 at a CAGR of 14.71 percent during the forecast period. The market is driven by increasing demand for t body shaping, rising expenditure in the healthcare sector and an increase in the prevalence of obesity. 

Detonator Market: The market size is expected to reach USD 439.3 Mn by 2029 at a CAGR of 4.0 percent during the forecast period. The market is driven by the increasing focus on technological advancements by key manufacturers and the increase in the number of industrial and manufacturing activities and supportive government policies and regulations. 


About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.


Contact Maximize Market Research:

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Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

[email protected] 

+91 96071 95908, +91 9607365656

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