Global Shock Wave Therapy Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Technique;

Electrohydraulic Shock Waves, Piezoelectric Shock Waves, Radial Shock Waves, and Others.

By Product;

Fixed Shockwave Therapy Devices and Mobile Shockwave Therapy Devices.

By Applications;

Orthopedic, Cardiology, Urology, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn383534542 Published Date: February, 2025 Updated Date: March, 2025

Introduction

Global Shock Wave Therapy Market (USD Million), 2021 - 2031

In the year 2024, the Global Shock Wave Therapy Market was valued at USD 1,533.69 million. The size of this market is expected to increase to USD 2,796.45 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.0%.

Shock wave therapy, a non-invasive treatment modality, has garnered significant attention and application across various medical fields due to its efficacy in treating musculoskeletal disorders, urological conditions, and chronic pain management. Originating from its initial use in lithotripsy to break down kidney stones, the technology has evolved substantially, finding new therapeutic avenues and expanding its clinical utility. The global shock wave therapy market is poised for robust growth, driven by increasing adoption rates, technological advancements, and a growing prevalence of conditions amenable to this treatment.

One of the primary drivers of market expansion is the rising incidence of musculoskeletal disorders, such as plantar fasciitis, tendinitis, and shoulder pain, conditions commonly treated with shock wave therapy. As the global population ages, the burden of these disorders is expected to increase, propelling demand for effective and non-invasive treatment options. Shock wave therapy offers a promising solution by promoting tissue repair and regeneration, reducing pain, and improving mobility without the need for surgery or prolonged recovery times. This aspect makes it particularly appealing in orthopedic and sports medicine.

Technological advancements are also playing a crucial role in the growth of the shock wave therapy market. Innovations such as focused and radial shock wave devices have enhanced treatment precision and patient comfort, broadening the scope of conditions that can be effectively treated. Additionally, the integration of smart technologies and improved imaging techniques has refined the application of shock wave therapy, enabling more targeted and efficient treatment protocols. These technological strides are expected to continue driving market growth by improving treatment outcomes and expanding the therapy's applicability.

Market is witnessing increased awareness and acceptance of shock wave therapy among healthcare providers and patients alike. As clinical evidence supporting its efficacy accumulates, more practitioners are incorporating this therapy into their treatment regimens, and patients are seeking out non-invasive alternatives to traditional surgical interventions. Moreover, favorable reimbursement policies in several regions and the cost-effectiveness of shock wave therapy compared to surgical options are contributing to its rising popularity. Collectively, these factors create a conducive environment for the global shock wave therapy market to flourish, offering significant opportunities for stakeholders across the healthcare spectrum.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technique
    2. Market Snapshot, By Product

    3. Market Snapshot, By Applications
    4. Market Snapshot, By Region
  4. Global Shock Wave Therapy Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increased Incidences of Cardiac, Urological
        2. Demand for Technology
      2. Restraints
        1. High Cost of Shock Wave Therapy Devices and Procedures
        2. Lack of Skilled Healthcare Professionals
      3. Opportunities
        1. Musculoskeletal Disorders along with Rise in Geriatric Population
        2. Pain Management
    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. Global Shock Wave Therapy Market, By Technique, 2021 - 2031 (USD Million)
      1. Electrohydraulic Shock Waves
      2. Piezoelectric Shock Waves
      3. Radial Shock Waves
      4. Others
    2. Global Shock Wave Therapy Market, By Product, 2021 - 2031 (USD Million)
      1. Fixed Shockwave Therapy Devices
      2. Mobile Shockwave Therapy Devices
    3. Global Shock Wave Therapy Market, By Applications, 2021 - 2031 (USD Million)
      1. Orthopedic
      2. Cardiology
      3. Urology
      4. Others
    4. Global Shock Wave Therapy 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. EMS Electro Medical Systems SA
      2. Olympus Corporation
      3. Karl Storz SE & Co KG
      4. Siemens AG
      5. Dornier MedTech GmbH
  7. Analyst Views
  8. Future Outlook of the Market