Check with seller Global Shockwave Therapy Market Research Report Forecast 2025

Published date: March 5, 2021
  • Location: 808, Real Tech Park, 8th Floor, Sector, - 30A, Vashi, Navi Mumbai - 400703, India., India

Summary:
The Global Market For Shockwave Therapy was valued at REDACTED in 2019. Among technology segments, the electromagnetic segment accounted for the highest market share in 2019. This segment recorded REDACTED in revenue in 2019, and it is estimated to grow at a compound annual growth rate (CAGR) of REDACTED during the forecast period. The high growth rate of this segment is attributed to factors such as demand for shockwave therapy among patients, the growingCOVID-19pandemic and its side effects in terms of neurological problems, other orthopedic diseases and an increase in R&D by key companiesworking on new shockwave therapies to counter the rise in neurological disorders globally.

Other factors likely to fuel the demand of shockwave therapy among the older population range in the near future include an increase in shockwave therapy use in low- and middle-income countries such as India, Malaysia, African countries and others; an overall increase in the number of prescriptions for shockwave therapy by physicians and physiotherapists; and an increasing number of uses of shockwave therapy for erectile disorders in men. This is likely to propel the growth of the shockwave therapy market during the forecast period.

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According to the Urology San Antonio, erectile dysfunction is one of the major problems thatmen have globally, and shockwave therapy is the newest treatment module that can help patients dealing with ED. Around 50% of the men struggle to maintain their erection. Few shockwave therapy devices are approved by FDA, but significant testing has been performed, andmuch peer-reviewed research proves shockwave therapy to be effective in 80% of erectile dysfunction patients.

Report Scope:

The report focuses on newer shockwave devices and innovations in frequency length, as well as devices that have been recently launched or are in development. This report will also highlight the current and future market potentiality of shockwave therapy, with detailed analysis of competitive environment between the companies. Drivers, restraints, opportunities, the impact of COVID-19, other applications of shockwave therapy and a regulatory scenario assessment will be covered in the current report. The report covers a market projection for 2025 and a market share for key players. 

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https://www.bharatbook.com/marketreports/shockwave-therapy-global-markets/2365091

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