Market Challenges And Opportunities

Lithotripsy devices market is driven by increase in geriatric population, technological advancement, increase in incidence rate of urolithiasis disease cases, and rise in number of extracorporeal shock wave lithotripsy procedures.

Growing prevalence of urolithiasis and the rise in number of extracorporeal shock wave lithotripsy procedures are expected to boost the growth rate of the market during the near future. According to National Center for Biotechnology Information (NCBI), in 2016, the prevalence of urolithiasis in Germany was 1 to 2%, and it is expected that this percentage will increase in the future due to increase in obese population and supported by high dietary intake of animal protein.