Intravascular Lithotripsy Market Share

  • Report ID: 5366
  • Published Date: Nov 03, 2023
  • Report Format: PDF, PPT

Intravascular Lithotripsy Market Share

North America Market Forecasts

The intravascular lithotripsy market in North America market is estimated to account for the highest CAGR of 35% by the end of 2036. North America has a favorable reimbursement policy for intravascular lithotripsy procedures, which encourages healthcare providers to offer intravenous lithotripsy as a viable treatment option. North America has a highly developed healthcare system and the region is at the forefront of rapid adoption of technological developments. Additionally, an increasing number of people suffering from kidney and cardiac disorders is also driving the growth market in this region during the estimated time period. In the United States one person in every 33 seconds loses their life to cardiac disorder.

Asia Pacific Market Statistics

The intravascular lithotripsy market in the Asia Pacific region is estimated to witness a significant market share during the time period between 2024 – 2036. The growth of this market can be primarily driven by the account of increasing awareness about intravascular lithotripsy among the people of this region along with changes in the lifestyle that results in a higher number of people suffering from chronic illness. Furthermore, rising healthcare expenditure in the region is also driving the growth of the market in the APAC region during the projected timeframe.   

Research Nester
Intravascular Lithotripsy Market size
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Author Credits:  Radhika Pawar

  • Report ID: 5366
  • Published Date: Nov 03, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing prevalence of cardiovascular disease and increasing research and development in intravascular lithotripsy are some of the major factors anticipated to drive the growth of the intravascular lithotripsy market.

The market is anticipated to attain a CAGR of ~12% over the forecast period, i.e., 2024-2036.

The major players in the market are of Abbott Laboratories, Siemens AG, Olympus America, Boston Scientific, Medispec Ltd, Dornier MedTech GmbH, Elmed Electronics & Medical Industry & Trade Inc., and others.

The hospital segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in North America is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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