Global Lithotripsy Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Extracorporeal Shock Wave Lithotripsy Devices and Intracorporeal Lithotripsy Devices – [Laser Lithotripsy Devices, Electrohydraulic Lithotripsy Devices, Ultrasonic Lithotripsy Devices, and Mechanical Lithotripsy Devices]

By Application;

Kidney Stones , Ureteral Stones , Pancreatic Stones, and Bile Duct Stones

By End Users;

Hospitals , Ambulatory Surgical Centers, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn971812525 Published Date: May, 2025 Updated Date: June, 2025

Lithotripsy Devices Market Overview

Lithotripsy Devices Market (USD Million)

Lithotripsy Devices Market was valued at USD 2,717.83 million in the year 2024. The size of this market is expected to increase to USD 3,681.29 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.4%.


Global Lithotripsy Devices Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 4.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.4 %
Market Size (2024)USD 2,717.83 Million
Market Size (2031)USD 3,681.29 Million
Market ConcentrationHigh
Report Pages300
2,717.83
2024
3,681.29
2031

Major Players

  • Siemens AG
  • Storz Medical AG
  • Boston Scientific
  • Olympus
  • Richard Wolf
  • Direxgroup
  • Novamedtek
  • Dornier Medtech
  • Medispec
  • Walz Elektronik

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Lithotripsy Devices Market

Fragmented - Highly competitive market without dominant players


The Lithotripsy Devices Market is experiencing significant momentum owing to the rising prevalence of urinary tract stones and technological advancements in non-invasive treatment options. A notable shift towards outpatient procedures has contributed to a demand spike for compact and portable lithotripsy equipment. The market has witnessed a growth rate exceeding 5%, reflecting heightened awareness and accessibility to urological diagnostics and interventions.

Technological Innovation
Ongoing innovation in shock wave and laser lithotripsy technologies is driving over 6% of the market's expansion, as healthcare providers adopt more efficient and minimally invasive options. The transition from traditional surgical methods to laser-based techniques offers improved patient recovery times, thereby strengthening adoption rates. Energy efficiency, precision, and patient safety are central to device upgrades in the current landscape.

Rising Healthcare Demand
An increasing burden of lifestyle-related urological disorders, particularly in aging populations, has led to a 7% surge in device utilization across clinical settings. Additionally, hospitals and ambulatory surgical centers are expanding their lithotripsy service lines to cater to growing patient volumes. This heightened demand is also fueled by improved reimbursement policies and reduced treatment complications.

Outlook and Growth Drivers
The market outlook remains strong due to the combination of technological modernization, healthcare infrastructure development, and public health awareness. A steady increase of over 5% in procurement rates by private clinics and diagnostic centers further reflects the expanding footprint of these devices. Strategic investments in product enhancement and clinical training are expected to maintain a consistent trajectory of growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By End Users
    4. Market Snapshot, By Region
  4. Lithotripsy Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements in lithotripsy
        2. Rising prevalence of kidney stones
        3. Increasing demand for minimally invasive procedures
        4. Growing geriatric population
        5. Expanded applications in urology
      2. Restraints
        1. High cost of lithotripsy devices
        2. Lack of skilled professionals
        3. Stringent regulatory requirements
        4. Adverse effects associated with lithotripsy
        5. Limited accessibility in rural areas
      3. Opportunities
        1. Emerging markets in Asia-Pacific
        2. Development of portable lithotripsy devices
        3. Collaborations for research and development
        4. Integration of AI and robotics
        5. Focus on patient-centric technologies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Lithotripsy Devices Market, By Product, 2021 - 2031 (USD Million)
      1. Extracorporeal Shock Wave Lithotripsy Devices
      2. Intracorporeal Lithotripsy Devices
        1. Laser Lithotripsy Devices
        2. Electrohydraulic Lithotripsy Devices
        3. Ultrasonic Lithotripsy Devices
        4. Mechanical Lithotripsy Devices
    2. Lithotripsy Devices Market, By Application, 2021 - 2031 (USD Million)
      1. Kidney Stones
      2. Ureteral Stones
      3. Pancreatic Stones
      4. Bile Duct Stones
    3. Lithotripsy Devices Market, By End Users, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Ambulatory Surgical Centers
      3. Others
    4. Lithotripsy Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Siemens AG
      2. Storz Medical AG
      3. Boston Scientific
      4. Olympus
      5. Richard Wolf
      6. Direxgroup
      7. Novamedtek
      8. Dornier Medtech
      9. Medispec
      10. Walz Elektronik
  7. Analyst Views
  8. Future Outlook of the Market