Product Code: ETC6190889 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The shockwave therapy market in Australia has gained traction in the healthcare sector as a non-invasive treatment for musculoskeletal conditions and chronic pain. Shockwave therapy uses acoustic waves to stimulate healing and improve blood circulation, and it is widely used in physiotherapy and sports medicine. The increasing prevalence of conditions like tendonitis, plantar fasciitis, and calcific shoulder tendinopathy is boosting the demand for this therapy. With more healthcare providers adopting shockwave therapy for its effectiveness and minimal recovery time, the market is expected to continue growing in the coming years.
The shockwave therapy market in Australia is expanding due to the growing acceptance of non-invasive treatments for musculoskeletal conditions. Shockwave therapy is gaining popularity in treating injuries like tendonitis, plantar fasciitis, and calcific shoulder tendinopathy. This market is influenced by increasing healthcare awareness and the preference for alternative treatments over traditional surgical interventions. Furthermore, technological advancements in shockwave therapy devices, such as portable and more efficient machines, are helping to expand the market.
The shockwave therapy market is challenged by regulatory approvals, particularly for new devices and treatments. The lack of standardized treatment protocols leads to inconsistent patient outcomes, affecting credibility among healthcare providers. High equipment costs and limited reimbursement options from insurers deter clinics from adopting the technology. Public awareness about its benefits remains low, restricting wider acceptance in the medical community.
The growing preference for non-invasive medical treatments positions shockwave therapy as a fast-expanding market in Australia. Investment areas include physiotherapy clinics, sports rehabilitation centers, and distribution partnerships with global device manufacturers.
The Australian government regulates the shockwave therapy market through the Therapeutic Goods Administration (TGA), which requires all medical devices to meet rigorous safety and efficacy standards. Public health policies supporting non-invasive treatment methods and physiotherapy are encouraging broader adoption of such technologies. The Medical Research Future Fund (MRFF) also supports clinical research in new therapies, fostering innovation in shockwave-based treatments.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Shockwave Therapy Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Shockwave Therapy Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Shockwave Therapy Market - Industry Life Cycle |
3.4 Australia Shockwave Therapy Market - Porter's Five Forces |
3.5 Australia Shockwave Therapy Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Australia Shockwave Therapy Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Australia Shockwave Therapy Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Australia Shockwave Therapy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Shockwave Therapy Market Trends |
6 Australia Shockwave Therapy Market, By Types |
6.1 Australia Shockwave Therapy Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Shockwave Therapy Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Australia Shockwave Therapy Market Revenues & Volume, By Mobile Shockwave Therapy Devices, 2021- 2031F |
6.1.4 Australia Shockwave Therapy Market Revenues & Volume, By Fixed Shockwave Therapy Devices, 2021- 2031F |
6.2 Australia Shockwave Therapy Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Australia Shockwave Therapy Market Revenues & Volume, By Electromagnetic Technique, 2021- 2031F |
6.2.3 Australia Shockwave Therapy Market Revenues & Volume, By Electrohydraulic Technique, 2021- 2031F |
6.2.4 Australia Shockwave Therapy Market Revenues & Volume, By Piezoelectric Technique, 2021- 2031F |
6.2.5 Australia Shockwave Therapy Market Revenues & Volume, By Radial Technique, 2021- 2031F |
6.3 Australia Shockwave Therapy Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Australia Shockwave Therapy Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.3.3 Australia Shockwave Therapy Market Revenues & Volume, By Physiotherapy Clinics, 2021- 2031F |
6.3.4 Australia Shockwave Therapy Market Revenues & Volume, By Ambulatory Care, 2021- 2031F |
6.3.5 Australia Shockwave Therapy Market Revenues & Volume, By Radiology Labs, 2021- 2031F |
6.3.6 Australia Shockwave Therapy Market Revenues & Volume, By Others, 2021- 2031F |
7 Australia Shockwave Therapy Market Import-Export Trade Statistics |
7.1 Australia Shockwave Therapy Market Export to Major Countries |
7.2 Australia Shockwave Therapy Market Imports from Major Countries |
8 Australia Shockwave Therapy Market Key Performance Indicators |
9 Australia Shockwave Therapy Market - Opportunity Assessment |
9.1 Australia Shockwave Therapy Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Australia Shockwave Therapy Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Australia Shockwave Therapy Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Australia Shockwave Therapy Market - Competitive Landscape |
10.1 Australia Shockwave Therapy Market Revenue Share, By Companies, 2024 |
10.2 Australia Shockwave Therapy Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |