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Global Report Of Extracorporeal Shock Wave Therapy Market Size, Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

(EuropeNewsWire.Net, May 16, 2018 ) Shock wave therapy and its benefits

Extracorporeal Shock Wave Therapy Market: Shock wave therapy is used to treat musculoskeletal conditions such as cuff tendinitis, tennis elbow, patellar tendinopathy, plantar fasciitis, Achilles tendinopathy, etc. Shock wave therapy devices are a non-invasive treatment for musculoskeletal pain and are used in sports injuries, physiotherapy, urology, veterinary medicines, and orthopedics. The therapy is also known as Extracorporeal Shock Wave therapy (ESWT). ESWT helps in speedy recovery of patients who are suffering from various pain disorders such as joints, muscle, and tendons, making it an excellent alternative therapy for surgery.

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ESWT is a high amplitude mechanical energy pulses which are generated with the help of electromagnetic coil to manage and decrease the pain.
With the rise in musculoskeletal disorders, demand for advanced technologies in the ESWT is growing. Non-invasive treatments help in boosting the growth of ESWT. Metabolic stimulation and increased cellular activity of the body plays an important role in the rising demand for ESWT devices in the market. Also with the increasing geriatric population who are more prone to injuries and wounds to the tendons and muscles, ESWT market growth will be positively high. This would be blessing in disguise. On the contrary to this market growth, the high cost of the devices, lack of skilled professionals, therapy costs can be a setback to the growing ESWT market.

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ESWT market is divided on the basis of the type, technology and end user.
1. Technology:
Electromagnetic Technique
Electrohydraulic Technique
Piezoelectric Technique
Radial Technique
2. type of shock wave device:
Mobile Shock Wave Therapy Devices
Fixed Shock Wave Therapy Devices
3. Applications:
It can be used for removal of kidney stones, pancreatic stones, uretic stones and ease the musculoskeletal disorders.

4. End-users:
Hospitals, Physiotherapy centers, Ambulatory Surgical centers, clinics, Radiology Labs and others.

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Other than above parameters, geographical regions division are also considered. North America tops with the largest share in the global market of ESWT due to its technological advancements in R & D of medical devices. In Asia-Pacific regions, India and China are highly anticipated in the healthcare due to its rising population. Lastly, Latin America is following the footstep and evolving itself in this market.

Sports-related injuries will be happening which are made ESWT gained more popularity among the athletes and clinicians. ESWT devices have received FDA approval for lateral epicondylitis and plantar fasciitis. Musculoskeletal disorders are very common in work-related pain disorders. It was shown that 41% of ill health has happened to UK employees is due to work-related musculoskeletal disorders (WRMSD) which have around 1,311,000 cases in 2014. The higher the rate of musculoskeletal disorders, higher are the chances of shock wave therapy devices market.

The ESWT market has some experienced companies such as Cook Group Inc. (U.S), Medtrue Enterprise Co. Ltd. (UK), Olympus Corporation (Japan), Boston Scientific Corporation (U.S.), etc.

With the FDA approval, companies such as SONOCUR Basic by Siemens Medical Solutions, Inc., Iselin, NJ, USA was approved for treatment of tennis elbow pain, in 2002.and in 2003 OssaTron by HealthTronics, Inc., GA, USA was approved for treatment of chronic heel pain.

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