Shock Wave Therapy Devices Market Size - By Technology, Application, Type, End Use - Global Forecast, 2025 - 2034

Shock Wave Therapy Devices Market Size

The global shock wave therapy devices market size was valued at USD 186.6 million in 2024 and is expected to reach USD 296.6 million by 2034, growing at a CAGR of 4.6% during 2025 to 2034. This high market growth is attributed to the increasing prevalence of musculoskeletal disorders, growing preference for non-invasive treatments, and rising number of sports injuries.
 

The prevalence of tendinitis, plantar fasciitis, and calcific tendonitis has increased globally due to sedentary lifestyles, sports injuries, and an aging population. The need for efficient therapeutic techniques, including shock wave therapy, is growing as more people experience these musculoskeletal conditions. According to the World Health Organization (WHO), in 2022, over 1.7 billion people worldwide suffered from a variety of musculoskeletal disorders. Moreover, the advantages of enhanced comfort and reduced hospital stay, as well as procedure costs, make shock wave therapy an effective non-invasive therapy for outpatient care. This is in line with current global shifts in healthcare systems towards increasing adoption of non-invasive procedures.
 

Shock wave therapy devices are medical devices designed to apply shock waves to specific body areas with intent for therapy. The generation of such shocks is done through various technologies such as electrohydraulic, electromagnetic, or piezoelectric mechanisms.
 

Shock Wave Therapy Devices Market Trends

The shock wave therapy devices industry is witnessing several emerging trends that are shaping its growth.
 

• The range of shock wave therapy has expanded from traditional orthopedic and musculoskeletal practices to urology, cardiology, wound care, erectile dysfunction treatments, and even aesthetic medicine. Recent advancements include the development of radial pressure wave devices and electromagnetic systems designed for specific clinical use.
   
• Moreover, newly invented handheld and portable shock wave devices can now be applied in outpatient and home care settings. Accompanying digital interfaces, pre-programmed treatment protocols, and real-time feedback systems made operation easier for the clinician, thereby improving reliability and consistency throughout therapy sessions.
   
• Additionally, the adoption of AI-based diagnostic support and robotic-assisted mechanisms has improved targeting accuracy and treatment planning. These innovations are driving wider clinical adoption by reducing procedural variability and enhancing success rates.
   

Shock Wave Therapy Devices Market Analysis

Based on technology, the market is segmented as focused shockwave generation, radial or ballistic shock wave generation, and combined shock wave generation. The focused shockwave generation segment generated revenue of USD 109.5 million in 2024.
 

• Focused shockwave generation allows high-intensity shock waves to surgically strike pathological tissues or specific anatomical locations while minimizing collateral injury to healthy tissues. Maximized therapeutic effects and enhanced treatment outcomes improve overall patient satisfaction.          
   
• Moreover, Focused shockwave generation minimizes the risk of tissue damage, bruising, and nerve irritation, which improves the tolerability and safety of the therapy. Similarly, this therapy reduces patient pain and the risk of side effects. Such factors are expected to positively boost segmental growth.
   

Based on application, the market is segmented as orthopedic, cardiology, urology, and other applications. The orthopedic segment is expected to drive business growth and expand at a CAGR of 4.9%, reaching over USD 133.6 million by 2034.
 

• The application of shock wave therapy to treat orthopedic disorders provides a greater degree of non-invasiveness and a lower threshold of risk relative to traditional surgical treatment. This minimizes the risks, issues, recovery, and complications associated with surgical procedures. Due to easier procedures and faster recuperation times, patients and healthcare practitioners tend to prefer non-invasive methods of treatment, like shock wave treatment, as compared to traditional surgical methods.
   
• Moreover, chronic tendinopathies and musculoskeletal pain syndromes are common orthopedic conditions that pose significant therapeutic challenges and often show resistance to conventional treatments. Shock wave therapy offers a promising approach for managing chronic and treatment-resistant orthopedic issues by promoting tissue repair, breaking down calcifications, and modulating pain signaling pathways. These factors contribute to better patient outcomes, further enhancing market growth.
   

Based on type, the market is segmented as portable and fixed. The portable segment dominated the shock wave therapy devices market and accounted for over 75.4% market share in 2024.
 

• Patients can receive treatment in a variety of healthcare settings, such as outpatient clinics, sports clinics, rehabilitation facilities, and even their homes using handheld or portable shock wave treatment equipment. This adaptability makes shock wave therapy more accessible, particularly in underserved or isolated areas with few medical services.
   
• Furthermore, portable devices are more cost-effective when compared to their stationary counterparts, which would involve substantial investment, facility modification, and continuous maintenance. The lower initial and operational costs of portable devices allow smaller healthcare practices, independent practitioners, and even mobile care providers to offer shock wave therapy, thus increasing market access and driving growth in this segment.
   

Based on end use, the market is segmented as hospitals and clinics, diagnostic laboratories, and ambulatory surgical centers. The hospitals segment dominated the market with a revenue share of 59.3% in 2024.
 

• Hospitals and clinics serve patients with various healthcare needs and medical conditions. Shock wave therapy is a valuable add-on therapy for many clinical disciplines since, for many musculoskeletal, orthopedic, urological, and cardiovascular conditions, shock wave therapy is beneficial due to its non-invasive or minimally invasive treatment option. This also simplifies treatment across different areas and broadens its therapeutic relevance.
   
• Additionally, hospitals and clinics aim to offer comprehensive care through the provision of a full range of diagnostic, therapeutic, and rehabilitative services to address the healthcare concerns of the patients. With the addition of shock wave therapy, treatment and rehabilitation programs become more rational and better integrated, aiding multidisciplinary approaches and improving treatment results, recovery, and overall well-being.
   

The U.S. shock wave therapy devices market size exceeded USD 68 million in 2024 and is anticipated to grow at a CAGR of 4.3% between 2025 and 2034.
 

• The U.S. is a global leader in technological innovation and healthcare due to its relatively high spending on medical equipment research, development, and commercialization. Manufacturers in the region are able to continuously innovate and improve shock wave therapy devices through the application of new technologies, which significantly increases market growth due to precise improvement of treatment outcomes. 
   
• Additionally, the increasing amount of clinical evidence supporting the efficacy of shock wave therapy in multiple medical disciplines, along with issued endorsements from professional societies and healthcare organizations, drives the increasing market growth and adoption of shock wave therapy devices into clinical practice.
   

The Europe shock wave therapy devices market accounted for USD 53.8 million in 2024 and is anticipated to show lucrative growth over the forecast period.
 

• Musculoskeletal ailments such as arthritis and back pain pose a challenge for a sizeable section of people in the European region. This accelerates the demand for treatment alternatives such as shock wave therapy.
   
• Additionally, Europe's aging demographic is at a higher risk of suffering from chronic ailments and requires non-invasive medical intervention. Due to its therapeutic application, shock wave therapy is effective for treating age-related health issues.
   

The UK shock wave therapy devices market is projected to grow remarkably in the coming years.
 

• The UK commands a notable share of the market in Europe, backed by its solid infrastructure in healthcare, greater acceptance of sophisticated medical technologies, and an emerging elderly population with musculoskeletal disorders.
   
• Moreover, shock wave therapy, most notably in orthopedic and physiotherapy practices, has had a positive shift in demand due to greater awareness of non-invasive techniques among patients and medical personnel.
   
• The country’s focus on reducing surgical interventions and rehabilitation costs further supports the market’s expansion.
   

The Asia Pacific shock wave therapy devices market witnessed substantial growth of 5.5% during the analysis period.
 

• Asia Pacific is emerging as a lucrative market for shock wave therapy devices due to the rapid development in their healthcare systems, increase in per capita income, and a greater supply of non-surgical options.
   
• China, Japan, and India are experiencing increased demand because of an increasing prevalence of orthopedic as well as urological disorders.
   
• The increase in medical tourism, particularly in the low-priced treatment countries, has further boosted market expansion in the Asia Pacific region.
   

China holds a dominant position in the Asia Pacific shock wave therapy devices market.
 

• China holds a significant and growing market share due to its massive population base, increasing healthcare expenditures, and rising prevalence of chronic orthopedic and soft tissue injuries. The country’s expenditure on modern healthcare infrastructure, as well as the proliferation of physiotherapy and sports medicine clinics, drives the adoption of shock wave therapy.
   
• Additionally, domestic production of medical instruments and shock wave therapy devices is increasingly being supported by local policies, allowing existing firms to profit and subsequently expand their operations in other geographical locations.
   

The Brazil shock wave therapy devices market is experiencing robust growth in Latin America.
 

• Brazil has a strong sports culture that leads to a high prevalence of sports injuries due to its effectiveness in treating sports medicine injuries such as muscle strains and tendinopathies. Shock wave therapy is becoming more popular, making it a frequently used modality in sports rehab programs in the country.
   
• Additionally, as awareness of shock wave therapy grows among healthcare providers and patients in Brazil, more practitioners are incorporating emerging clinical evidence into their treatment approaches. The therapy is also becoming more popular for patients seeking non-invasive treatment options.
   

The South Africa shock wave therapy devices market is poised to witness substantial growth in the Middle East and Africa market during the forecast period.
 

• As awareness of non-invasive pain management solutions increases, shock wave therapy is gaining popularity in orthopedic clinics and physiotherapy centers across the country.
   
• Additionally, private healthcare providers are increasingly investing in modern therapeutic technologies to differentiate their services and cater to an expanding middle-class population.
   

Shock Wave Therapy Devices Market Share

The top 5 companies in the shock wave therapy devices industry, such as Boston Scientific, BD, Olympus Corporation, Siemens Healthineers, and BTL Corporate, account for approximately 45% of the market share. These firms keep their market leadership by sustaining innovation in shock wave techniques, miniaturization of apparatus, and sophistication of smart diagnostics for precise therapy. Among other market strategies, these companies undergo the development and launch of advanced products based on varying technologies. The use of AI-guided systems, digital therapy planning, and personalized treatment design for specific patients is on the rise, fuelling adoption in hospitals, sports clinics, and wellness centers while radically expanding the market growth of shock wave therapy worldwide.
 

Shock Wave Therapy Devices Market Companies

Prominent players operating in the shock wave therapy devices industry include:

• BD
• Boston Scientific
• BTL
• Dornier MedTech
• EMS
• Focal One
• Johnson & Johnson
• LUMENIS
• OLYMPUS
• SIEMENS Healthineers
• Zimmer MedizinSysteme
   
• BD (Becton, Dickinson & Co.) specializes in diagnostics, drug delivery, and infection prevention, offering innovative solutions such as automated laboratory systems, infusion technologies, and AI-driven diagnostics. With a strong emphasis on sustainability, BD implements eco-friendly manufacturing processes and waste reduction initiatives, aligning with global healthcare sustainability goals.
   
• Boston Scientific excels in minimally invasive solutions across the cardiovascular, urology, and neuromodulation fields, developing state-of-the-art stents, catheters, and implantable devices that enhance patient outcomes.
   

Shock Wave Therapy Devices Industry News:

• In February 2021, Shockwave Medical, Inc., a subsidiary of Johnson & Johnson, announced that the U.S. Food and Drug Administration’s (FDA’s) pre-market approval to its sonic pressure wave therapy for highly calcified coronary artery disease. This approval helped the company acquire an enhanced customer base.
   

The shock wave therapy devices market research report includes an in-depth coverage of the industry with estimates and forecast in terms of revenue in USD Million from 2021 — 2034 for the following segments:

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Market, By Technology

• Focused shockwave generation
  • Electrohydraulic shock wave generation (EHSG)
  • Piezoelectric shock wave generation (PSG)
  • Electromagnetic shock wave generation (EMSG)
• Radial or ballistic shock wave generation
• Combined shock wave generation

Market, By Application

• Orthopedic
• Cardiology
• Urology
• Other applications

Market, By Type

• Portable
• Fixed

Market, By End Use

• Hospitals and clinics
• Diagnostic laboratories
• Ambulatory surgical centers

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada 
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE