Lithotripsy Devices market Analysis by Future Prospects, Development Factors, Applications, and Business Growth

The global lithotripsy devices market size is expected to reach USD 2.63 Billion in 2032 and is expected to register steady revenue CAGR of 4.5% during the forecast period, according to the latest analysis by Emergen Research. Rising number of urolithiasis cases is a key factor driving revenue growth of the market. According to recent studies, urolithiasis has become more common over the past several decades in both developed and developing countries. One in eleven individuals in the U.S. suffers from kidney stones, and it is thought that 600,000 Americans experience urinary stones every year. About 12% of the overall population in India is estimated to develop urinary stones, and of those, 50% may experience renal function loss. It’s the total lack of invasiveness in the treatment procedure of kidney stones, which is lithotripsy's main benefit and hence is expected to drive revenue growth of the market.

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