Extracorporeal Shockwave Therapy ESWT Device Market Report 2025 (Global Edition)

Global Extracorporeal Shockwave Therapy ESWT Device Market Report 2025 Market Size Split by Modality (Table-top/Portable ESWT Device, Hand-push Type ESWT Device), by Application (Orthopaedic, Cardiolo...

Extracorporeal Shockwave Therapy ESWT Device Market Report Description

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Extracorporeal Shockwave Therapy ESWT Device Market Insights Video

Competitive Landscape of the Extracorporeal Shockwave Therapy (ESWT) Device Market

Important companies like Zimmer MedizinSysteme, Storz Medical, Dornier MedTech, and Richard Wolf GmbH are part of the ESWT device market's competitive landscape. To keep a competitive advantage and meet the rising demand for non-invasive treatment options, these businesses concentrate on technology developments, strategic alliances, and product portfolio expansion.

Top Companies Market Share in Extracorporeal Shockwave Therapy ESWT Device Industry: (In no particular order of Rank)

• BTL
• Storz Medical
• EMS Electro Medical Systems
• MTS Medical
• Zimmer MedizinSysteme
• Gymna
• Likamed GmbH
• Inceler Medikal
• HANIL-TM
• Chattanooga
• Urontech
• Wikkon
• Longest
• Xiangyu Medical
• Shengchang Medical
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Extracorporeal Shockwave Therapy (ESWT) Device Market

Which Region Dominates the Extracorporeal Shockwave Therapy (ESWT) Device Market in 2024?

According to Cognitive Market Research, the market for devices used in extracorporeal shockwave therapy (ESWT) is anticipated to be dominated by North America in 2024. The region's high adoption rates of cutting-edge medical technology, sophisticated healthcare infrastructure, and notable prevalence of musculoskeletal illnesses are the main causes of this supremacy. Strong research and development efforts centered on medical devices, particularly ESWT technologies, are advantageous to North America as they support ongoing developments and better treatment results. Promising reimbursement laws in the United States and other nations incentivize medical professionals to purchase and employ ESWT devices for a variety of uses, from sports medicine to orthopedics and beyond. North America is expected to be the dominating region in the worldwide ESWT device market well into 2024 due to the presence of major market participants, strategic partnerships, and a strong focus on patient care.

Which Region is Expanding at the Fastest CAGR?

The market for extracorporeal shockwave therapy (ESWT) devices is growing at the fastest Compound Annual Growth Rate (CAGR) in the Asia Pacific region. Numerous reasons are contributing to this rapid rise, such as rising healthcare spending and developing medical infrastructure in nations like China, India, and Japan. The growing middle-class population in the area and increased knowledge of cutting-edge medical procedures are driving up demand for non-invasive therapies like ESWT. The expansion of the industry is being facilitated by policies and efforts from the government that encourage improving access to and affordability of healthcare. The demand for efficient treatment alternatives is further increased by the region's rising rates of musculoskeletal illnesses and chronic pain. The Asia Pacific ESWT device market is expanding at a remarkable rate in comparison to other regions due to the existence of a sizable patient pool and the growing use of cutting-edge medical technology by healthcare professionals.

The current report Scope analyzes Extracorporeal Shockwave Therapy ESWT Device Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Extracorporeal Shockwave Therapy ESWT Device

According to Cognitive Market Research, the global Extracorporeal Shockwave Therapy (ESWT) device market size was estimated at USD 100.6 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 40.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Extracorporeal Shockwave Therapy (ESWT) device market with a market size of USD 31.75 million in 2024 and is projected to grow at a CAGR of 3.5% during the forecast period. High adoption of advanced healthcare technologies and strong healthcare infrastructure drive market growth for ESWT devices.
• The Canada Extracorporeal Shockwave Therapy (ESWT) device market had a market share of USD 4.83 million in 2024 and is projected to grow at a CAGR of 4.5% during the forecast period. Increasing prevalence of chronic musculoskeletal disorders supports the demand for ESWT devices in the Canadian market.
• The Mexico Extracorporeal Shockwave Therapy (ESWT) device market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 3.66 million in 2024.

Europe Extracorporeal Shockwave Therapy ESWT Device

According to Cognitive Market Research, the global Extracorporeal Shockwave Therapy (ESWT) Device market size was estimated at USD 100.6 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 30.18 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.

• The United Kingdom Extracorporeal Shockwave Therapy (ESWT) device market had a market share of USD 5.07 million in 2024 and is projected to grow at a CAGR of 4.8% during the forecast period. Robust healthcare system and focus on non-invasive therapies contribute to the growth of ESWT device adoption.
• The France Extracorporeal Shockwave Therapy (ESWT) device market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 2.78 million in 2024.
• According to Cognitive Market Research, the German Extracorporeal Shockwave Therapy (ESWT) device market size was valued at USD 5.98 million in 2024 and is projected to grow at a CAGR of 4.2% during the forecast period. Extensive research and development activities and strong healthcare expenditure propel the market for ESWT devices in Germany.
• The Italy Extracorporeal Shockwave Therapy (ESWT) device market is projected to witness growth at a CAGR of 3.4% during the forecast period, with a market size of USD 2.60 million in 2024.
• The Russia Extracorporeal Shockwave Therapy (ESWT) device market is projected to witness growth at a CAGR of 3.0% during the forecast period, with a market size of USD 4.68 million in 2024.
• The Spain Extracorporeal Shockwave Therapy (ESWT) device market is projected to witness growth at a CAGR of 3.1% during the forecast period, with a market size of USD 2.47 million in 2024.
• The Luxembourg Extracorporeal Shockwave Therapy (ESWT) device market is projected to witness growth at a CAGR of 4.1% during the forecast period, with a market size of USD 0.94 million in 2024.
• The Portugal Extracorporeal Shockwave Therapy (ESWT) device market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 0.63 million in 2024.
• The Greece Extracorporeal Shockwave Therapy (ESWT) device market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD 0.36 million in 2024.
• The Rest of Europe Extracorporeal Shockwave Therapy (ESWT) device market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 4.68 million in 2024.

Asia Pacific Extracorporeal Shockwave Therapy ESWT Device

According to Cognitive Market Research, the global Extracorporeal Shockwave Therapy (ESWT) device market size was estimated at USD 100.6 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 23.14 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.

• According to Cognitive Market Research, the China Extracorporeal Shockwave Therapy (ESWT) device market size was valued at USD 10.41 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. Rapid expansion of healthcare infrastructure and growing middle-class population accelerate the demand for ESWT devices.
• The Japan Extracorporeal Shockwave Therapy (ESWT) device market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 3.19 million in 2024.
• The India Extracorporeal Shockwave Therapy (ESWT) device market had a market share of USD 2.78 million in 2024 and is projected to grow at a CAGR of 9.3% during the forecast period. Rising healthcare investments and increasing awareness about non-surgical treatments fuel market growth for ESWT devices in India.
• The South Korea Extracorporeal Shockwave Therapy (ESWT) device market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 2.31 million in 2024.
• The Australia Extracorporeal Shockwave Therapy (ESWT) device market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 1.20 million in 2024.
• The South East Asia Extracorporeal Shockwave Therapy (ESWT) device market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 1.60 million in 2024.
• The Rest of APAC Extracorporeal Shockwave Therapy (ESWT) device market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD 1.64 million in 2024.

South America Extracorporeal Shockwave Therapy ESWT Device

According to Cognitive Market Research, the global Extracorporeal Shockwave Therapy (ESWT) device market size was estimated at USD 100.6 Million out of which the Latin America market of more than 5% of the global revenue with a market size of USD 5.03 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Extracorporeal Shockwave Therapy (ESWT) device market size was valued at USD 2.15 million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. Improving healthcare facilities and rising incidence of orthopedic conditions drive the adoption of ESWT devices in Brazil.
• Argentina's Extracorporeal Shockwave Therapy (ESWT) device market had a market share of USD 0.85 million in 2024 and is projected to grow at a CAGR of 5.8% during the forecast period. Growing healthcare reforms and adoption of advanced medical technologies support the expansion of ESWT device market.
• The Colombia Extracorporeal Shockwave Therapy (ESWT) device market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 0.45 million in 2024.
• The Peru Extracorporeal Shockwave Therapy (ESWT) device market is projected to witness growth at a CAGR of 5.1% during the forecast period, with a market size of USD 0.41 million in 2024.
• The Chile Extracorporeal Shockwave Therapy (ESWT) device market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 0.36 million in 2024.
• The Rest of LATAM Extracorporeal Shockwave Therapy (ESWT) device market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD 0.81 million in 2024.

Middle East Extracorporeal Shockwave Therapy ESWT Device

According to Cognitive Market Research, the global Extracorporeal Shockwave Therapy (ESWT) device market size was estimated at USD 100.6 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 2.01 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.

• The GCC Countries Extracorporeal Shockwave Therapy (ESWT) device market is projected to witness growth at a CAGR of 6.0% during the forecast period with a market size of USD 0.86 million in 2024. Government initiatives to enhance healthcare infrastructure and rising healthcare expenditure drive market growth for ESWT devices in GCC countries.
• The Egypt Extracorporeal Shockwave Therapy (ESWT) device market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 0.21 million in 2024
• The South Africa Extracorporeal Shockwave Therapy (ESWT) device market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 0.32 million in 2024. Increasing prevalence of chronic diseases and advancements in healthcare drive the adoption of ESWT devices in South Africa.
• The Turkey Extracorporeal Shockwave Therapy (ESWT) device market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 0.17 million in 2024.
• The Nigeria Extracorporeal Shockwave Therapy (ESWT) device market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD 0.21 million in 2024.
• The Rest of MEA Extracorporeal Shockwave Therapy (ESWT) device market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 0.24 million in 2024

Extracorporeal Shockwave Therapy ESWT Device Market Analysis

Extracorporeal Shockwave Therapy (ESWT) Device Market Modality Segment Analysis

According to Cognitive Market Research, The Table-top/Portable ESWT Device sector presently holds a dominant position in the Modality Outlook of the Extracorporeal Shockwave Therapy (ESWT) device market. These devices are preferred because they are easy to travel and provide flexible functioning, making them versatile and convenient in clinical settings. Their broad usage is facilitated by their small size and versatility in treating a wide range of medical conditions, including sports and orthopedics. The market leaders in this category are coming up with new ideas to improve the functionality of their devices and broaden their applications, which helps them stay at the top of the market.

The Hand-push Type ESWT Device segment represents the fastest-growing segment. These devices are valued for their precision and focused treatment capabilities, particularly in scenarios where targeted therapy is essential, such as in treating localized musculoskeletal disorders. The segment benefits from advancements in technology that improve treatment efficacy and patient outcomes. As healthcare providers increasingly recognize the advantages of precise and customizable treatments, the demand for hand-push type ESWT devices is expected to continue expanding rapidly, driving significant market growth in the coming years.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Extracorporeal Shockwave Therapy ESWT Device Industry. Request a Free Sample PDF!

Extracorporeal Shockwave Therapy (ESWT) Device Market Application Segment Analysis

The orthopedic segment currently holds a dominant position in the Extracorporeal Shockwave Therapy (ESWT) device market. This dominance is primarily due to the high prevalence of musculoskeletal disorders such as plantar fasciitis, tendinitis, and chronic pain conditions. ESWT has proven to be highly effective in treating these orthopedic ailments by promoting tissue repair, reducing inflammation, and alleviating pain. Moreover, the non-invasive nature of ESWT appeals to both patients and healthcare providers, driving its widespread adoption in orthopedic clinics and sports medicine facilities globally. The segment benefits from continuous technological advancements, expanding clinical evidence supporting its efficacy, and increasing patient preference for non-surgical treatment options.

The erectile dysfunction (ED) segment is poised as the fastest-growing segment in the ESWT device market. ESWT has emerged as a promising non-invasive treatment for ED, offering benefits such as improved erectile function, enhanced blood flow, and potentially lasting effects compared to traditional therapies. The growing acceptance of ESWT among men seeking alternatives to medications and invasive procedures is driving the segment's rapid expansion. Increasing clinical studies and positive patient outcomes are further bolstering confidence in ESWT's efficacy for ED treatment. As awareness increases and more healthcare providers offer ESWT for this indication, the segment is expected to continue its robust growth trajectory globally.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Extracorporeal Shockwave Therapy ESWT Device End User Segment Analysis

End User Segment Analysis

Physiotherapy clinics represent the dominant segment in the End User Outlook for Extracorporeal Shockwave Therapy (ESWT) devices. These clinics lead due to their extensive use of ESWT for treating musculoskeletal conditions such as plantar fasciitis and tendinitis. Physiotherapy clinics are pivotal in rehabilitation and pain management, offering non-invasive treatment options that appeal to patients seeking alternatives to surgery or pharmaceuticals. Their significant market presence is bolstered by the increasing prevalence of these conditions and the effectiveness of ESWT in alleviating symptoms and promoting recovery.

Specialty clinics emerge as the fastest-growing segment in the ESWT device market's End User Outlook. These clinics cater specifically to orthopedics, sports medicine, and other specialized fields where ESWT has found expanding applications. The growth of specialty clinics is driven by their focus on providing advanced treatment modalities and personalized care, which aligns with the rising demand for specialized healthcare services. As these clinics continue to invest in cutting-edge technologies and expand their service offerings, they are poised to capture a larger share of the market, particularly among patients seeking specialized treatments beyond traditional hospital settings.

• Physiotherapy Clinics
• Specialty Clinics
• Hospitals

Author's Detail

Anushka Gore

Research Associate at Cognitive Market Research

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Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.

Author's Conclusion