Lithotripsy Devices Market Report

Market Analysis

• The lithotripsy devices market size was valued at USD 1.40 billion in 2024. The market is expected to reach USD 1.48 billion in 2025, up 6.10% than the value in 2024.
• During the forecast period of 2025-2032, the lithotripsy devices market is expected to grow at a CAGR of 5.9% to reach USD 2.13 billion in 2032.
• During 2025-2032, the lithotripsy devices industry is expected to generate a cumulative sales opportunity of USD 14.47 billion.

Lithotripsy Devices Market Statistics

Have a look at the sales opportunities presented by the lithotripsy devices market in terms of growth, market forecast and segment opportunities.

Market Dynamics

Introduction:

What are Lithotripsy Devices?

Lithotripsy devices are medical instruments used to break down kidney stones, ureteral stones, and bladder stones into smaller fragments, allowing them to pass naturally through the urinary tract. These devices employ non-invasive or minimally invasive technologies such as extracorporeal shock wave lithotripsy (ESWL) or laser and ultrasonic energy in intracorporeal lithotripsy. They are widely used in urology for the effective, safe, and targeted treatment of urolithiasis without the need for major surgery.

Market Drivers:

Rising Global Burden of Urolithiasis Fueling Demand for Non-Invasive Treatment Solutions

The increasing prevalence of kidney stones worldwide is a significant driver of growth for the lithotripsy devices market. Sedentary lifestyles, dietary shifts, obesity, and poor hydration are contributing to a surge in urolithiasis cases, particularly in both developed and developing regions. Recurrent stone formation, which affects nearly 50% of patients within five years, further intensifies the demand for effective and repeatable treatments. Lithotripsy, especially extracorporeal shock wave lithotripsy (ESWL), is increasingly adopted due to its non-invasive nature, shorter recovery times, and cost-efficiency, making it a preferred therapeutic modality across urology centers.

Advancements in Minimally Invasive Lithotripsy Technologies Driving Market Penetration

Continuous innovation in lithotripsy technologies is significantly accelerating market growth. Modern laser lithotripsy systems, ultrasonic intracorporeal devices, and digital endoscopy integration are enhancing treatment precision, safety, and clinical outcomes. The shift toward minimally invasive procedures, supported by favorable reimbursement policies and patient preference for outpatient care, is pushing hospitals and surgical centers to adopt next-generation lithotripsy devices. Additionally, the emergence of compact, portable systems is expanding accessibility in lower-resource settings, fueling global adoption across both high- and middle-income economies.

Market Challenges:

High Equipment and Treatment Costs

The high cost of lithotripsy devices, particularly advanced laser and extracorporeal systems, poses a significant challenge to market growth. Many small and mid-sized healthcare facilities in emerging economies cannot afford the capital investment and ongoing maintenance these systems require. Additionally, limited reimbursement coverage for lithotripsy procedures in various regions further restricts patient access. As noted by leading research firms, such financial constraints are slowing adoption rates and limiting the technology’s penetration in lower-resource settings globally.

Market Opportunities:

Integration of AI and Imaging Technology in Lithotripsy Systems

The integration of artificial intelligence and advanced imaging technologies into lithotripsy systems presents a strong market opportunity. These innovations are enabling doctors to target kidney stones more precisely, reduce treatment time, and enhance patient outcomes. Real-time imaging and AI-assisted energy calibration enhance procedural safety and efficiency, making these systems more appealing to modern healthcare facilities. As hospitals increasingly adopt smart, data-driven tools, the demand for technologically advanced lithotripsy devices is expected to rise significantly worldwide.

Market Segments' Analysis

By Component Type

“Intracorporeal Lithotripsy Devices segment is anticipated to experience the fastest growth in the future.”

• The intracorporeal lithotripsy devices segment is projected to grow at a steady CAGR over the forecast period, supported by ongoing advancements in urological care.
• The rising number of specialized urology clinics and dedicated treatment centers is making intracorporeal lithotripsy procedures more accessible to patients, driving higher adoption.
• Known for their efficiency and minimally invasive approach, intracorporeal lithotripsy devices are increasingly favored by both healthcare providers and patients for effective kidney stone management.

By Application Type

“Pancreatic Stones segment is expected to be the largest lithotripsy devices market segment during the forecast period.”

• The pancreatic stones segment is projected to grow at a CAGR of more than 6.5% during the forecast period, driven by increasing awareness and diagnosis of pancreatic stone-related complications.
• Lithotripsy devices are gaining traction as a less invasive treatment option for pancreatic stones, offering effective outcomes with reduced patient recovery time.

Regional Analysis

“Asia Pacific is expected to be the fastest-growing market during the forecast period.”

• Asia Pacific is anticipated to expand at the fastest growth rate during the forecast period, owing to the large patient pool across several countries in Asia.
• Continued investments in hospitals, specialty urology clinics, and diagnostic centers are enhancing access to advanced treatment options, including minimally invasive lithotripsy across urban and semi-urban regions.
• Countries such as India, Thailand, and Malaysia are becoming major hubs for medical tourism due to affordable, high-quality urological care, further contributing to the growing adoption of lithotripsy devices in the region.

Key Players

Most of the major players compete in some of the factors, including price, service offerings, regional presence, etc. The following are the key players in the lithotripsy devices market -  

• Boston Scientific Corporation (U.S.)
• Dornier MedTech GmbH (Germany)
• Olympus Corporation (Japan)
• Siemens Healthineers AG (Germany)
• EDAP TMS S.A. (France)
• Richard Wolf GmbH (Germany)
• STORZ Medical AG (Switzerland)
• DirexGroup (U.S./Israel)
• EMS Electro Medical Systems S.A. (Switzerland)
• Medispec Ltd. (Israel)

Note: The above list does not necessarily include all the top players in the market.

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Recent Developments/Mergers & Acquisitions:

• In June 2024, Olympus Corporation announced the launch of its advanced Soltive™ Premium SuperPulsed Laser System, a next-gen device for precise stone fragmentation and soft tissue procedures. This development supports Olympus' growing presence in the urology segment and responds to the rising demand for minimally invasive lithotripsy tools.Schneider Electric & NVIDIA Collaboration
• In February 2024, Boston Scientific completed the acquisition of Lumenis Ltd.'s surgical business, which includes advanced laser systems used in urology, such as holmium laser lithotripsy devices. This strategic acquisition enhances Boston Scientific’s lithotripsy portfolio, strengthening its leadership in the minimally invasive urological treatment space.

Report Features

This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Market Segmentation

This report studies the market, covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The global lithotripsy devices market is segmented into the following categories. 

Global Lithotripsy Devices Market, by Type

• Extracorporeal Shock Wave Lithotripsy Devices
• Intracorporeal Lithotripsy Devices

Global Lithotripsy Devices Market, by Application Type

• Kidney Stones
• Ureteral Stones
• Pancreatic Stones
• Bile Duct Stones

Global Lithotripsy Devices Market, by End-Use Type

• Hospitals
• Ambulatory Surgical Centers
• Others

Global Lithotripsy Devices Market, by Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, Italy, The UK, and Rest of Europe)
• Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)

Research Methodology

• This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s global lithotripsy devices market realities and future market possibilities for the forecast period.

• The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruits available in the market and formulating growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 1.40 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respected clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances

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