Rigid Endoscopic Lithotripsy Devices Market Forecast, Outlook And Insight By 2034

The Business Research Company’s report on the Rigid Endoscopic Lithotripsy Devices Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.

How are market drivers shaping the future growth trajectory of the rigid endoscopic lithotripsy devices industry?

The rising incidence of bladder cancer is expected to propel the growth of the rigid endoscopic lithotripsy device market going forward. Bladder cancer is a malignant tumor that originates in the lining of the bladder, often causing symptoms such as blood in the urine, frequent urination, and pelvic pain. The incidence of bladder cancer is growing due to factors such as increased exposure to carcinogens like smoking, industrial chemicals, and environmental pollutants, as well as an aging population and improved diagnostic methods. Rigid endoscopic lithotripsy devices are essential for managing bladder stones and other complications associated with bladder cancer, such as obstruction and irritation, as well as aiding in the removal of residual tumors and preventing recurrence. For instance, in March 2024, according to a Cancer Facts & Figures 2024 report published by The American Cancer Society Inc., a US-based non-profit organization, bladder cancer diagnoses in the U.S. are projected to increase from 81,180 new cases in 2022 to 83,190 in 2024. Therefore, the rising incidence of bladder cancer is driving the rigid endoscopic lithotripsy device market.

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What is the estimated market size of the rigid endoscopic lithotripsy devices sector by 2029, based on current forecasts?

The rigid endoscopic lithotripsy devices market size has grown strongly in recent years. It will grow from $4 billion in 2024 to $4.3 billion in 2025 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to the rising incidences of kidney stones, the growing geriatric population, reduced recovery time, lower risk of complications, and increased awareness of kidney diseases.

The rigid endoscopic lithotripsy devices market size is expected to see strong growth in the next few years. It will grow to $5.7 billion in 2029 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to rising incidence of urolithiasis, government initiatives, rising healthcare expenditure, growth in medical tourism, and a shift towards outpatient procedures. Major trends in the forecast period include advanced lithotripsy technologies, technological innovations, collaborative care models, integration with robotic systems, and ergonomic and user-friendly designs.

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Who are the top players in the rigid endoscopic lithotripsy devices market?

Major companies operating in the rigid endoscopic lithotripsy devices market are EDAP TMS S.A., Siemens Healthineers, Boston Scientific Corporation, Olympus Corporation, Smith & Nephew plc, Coloplast Group, Karl Storz SE & Co. KG, Cook Group Incorporated, ConMed Corporation, Richard Wolf GmbH, Dornier MedTech GmbH, Thieme Group, EMS Electro Medical Systems S.A., Allengers Medical Systems, Rocamed S.A.M., Elmed Medical Systems, Inceler Medikal Co. Ltd., LISA Laser Products, Jena MedTech GmbH, Biolitec AG

What are the major trends in the rigid endoscopic lithotripsy devices market?

Major companies operating in the rigid endoscopic lithotripsy devices market are adopting strategic collaboration approaches to enhance product innovation and expand market reach. Strategic collaboration refers to a process in which companies leverage each other’s strengths and resources to achieve mutual benefits and success. For instance, in May 2023, Karl Storz SE & Co. KG, a Germany-based medical technology company, partnered with Well Lead Medical Co. Ltd., a China-based provider of medical catheters, to transform the landscape of endourology, enhancing patient care and surgical outcomes. This partnership provides the ClearPetra suction-evacuation ureteral access sheath alongside KARL STORZ endoscopic visualization devices for comprehensive urinary stone management and includes an exclusive agreement for distributing the ClearPetra Stone-Removal System in the US.

Which geography holds the highest rigid endoscopic lithotripsy devices market share?

North America was the largest region in the rigid endoscopic lithotripsy devices market in 2024. The regions covered in the rigid endoscopic lithotripsy devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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How do different segments contribute to the overall expansion of the rigid endoscopic lithotripsy devices market?

The rigid endoscopic lithotripsy devices market covered in this report is segmented –

1) By Type: Ultrasonic Lithotripsy, Ballistic Lithotripsy, Electrohydraulic Lithotripsy, Laser Lithotripsy

2) By Guidance System: Ureteroscopy, Cystoscopy, Percutaneous Nephrolithotomy

3) By Application: Hospitals, Clinics, Ambulatory Surgical Centers

4) By End-User: Adults, Pediatrics

Subsegments:

1) By Ultrasonic Lithotripsy: Standard Ultrasonic Lithotripsy Devices, Portable Ultrasonic Lithotripsy Devices, Ultrasonic Lithotripsy Systems with Imaging

2) By Ballistic Lithotripsy: Standard Ballistic Lithotripsy Devices, Pneumatic Ballistic Lithotripsy Devices, High-Energy Ballistic Lithotripsy Systems

3) By Electrohydraulic Lithotripsy: Standard Electrohydraulic Lithotripsy Devices, Miniaturized Electrohydraulic Lithotripsy Devices, Automated Electrohydraulic Lithotripsy Systems

4) By Laser Lithotripsy: Holmium Laser Lithotripsy Devices, Pulsed Dye Laser Lithotripsy Devices, Thulium Laser Lithotripsy Devices

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How is the rigid endoscopic lithotripsy devices market defined, and what are its core characteristics?

Rigid endoscopic lithotripsy devices are specialized medical tools used to break down kidney stones or other calculi within the urinary tract during minimally invasive procedures. These devices are inserted through a rigid endoscope to access the stones and use energy sources such as laser, ultrasonic waves, or pneumatic force to fragment the stones into smaller pieces, allowing for easier removal or natural passage.

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