The ultrasonic scalpel global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Ultrasonic Scalpel Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size – The ultrasonic scalpel market size has grown strongly in recent years. It will grow from $2.59 billion in 2023 to $2.76 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to increasing surgical procedures, healthcare expenditure and government support, minimally invasive surgeries, improved surgical outcomes, and increasing awareness and training.
The ultrasonic scalpel market size is expected to see strong growth in the next few years. It will grow to $3.56 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to rising incidence of cancer, economic growth in emerging markets, aesthetic surgery demand, hospital infrastructure development, and insurance coverage expansion. Major trends in the forecast period include advancements in robotic surgery, silicone liner segment growth, strategic collaborations and mergers, integration of advanced technologies.
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The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers –The rising demand for minimally invasive surgical procedures is expected to propel the growth of the ultrasonic scalpel market going forward. Minimally invasive surgical procedures refer to surgical techniques that are performed through small incisions or natural body openings. Minimally invasive surgical procedures are on the rise due to their benefits, including reduced trauma, shorter hospital stays, lower infection rates, improved cosmetic results, technological advancements, increased surgeon expertise, and patient preference. Ultrasonic scalpels help in minimally invasive surgical procedures by providing surgeons with precision cutting capabilities, reduced bleeding, faster recovery times, and lower risk of complications, ultimately improving patient outcomes. For instance, in April 2022, according to a report published by the Aesthetic Society, a US-based organization of board-certified plastic surgeons, surgical procedures saw a 54% increase, with an average of 320 surgical procedures performed by plastic surgeons in 2021. The cost of a typical surgical procedure also rose by 6% on average in 2021. Therefore, rising demand for minimally invasive surgical procedures is driving the growth of the ultrasonic scalpel market.
Market Trends – Major companies operating in the ultrasonic scalpel market are developing surgical tools to meet the increasing demand for minimally invasive procedures and improve patient outcomes. Surgical tools utilize ultrasonic vibrations to enable precise and clean incisions during surgical procedures, reducing tissue damage and promoting faster healing. For instance, in August 2023, Heal Force Bio-Meditech Holdings Limited, a China-based manufacturer of medical and laboratory equipment, launched Heal Force UHS100 Ultrasonic Scalpel System, a surgical tool. The UHS100 system is equipped with advanced features such as a touch screen host for stable energy output, a high-quality ultrasonic transducer for efficient electro-acoustic conversion, a flexible cutter head for reliable cutting and hemostasis, and diversified accessories to meet the needs of different types of surgeries. The UHS100 Ultrasonic Scalpel System aims to revolutionize the surgical landscape by providing surgeons with unparalleled control, accuracy, and comfort during procedures, ultimately enhancing patient outcomes and shaping a healthier future in the field of surgery.
The ultrasonic scalpel market covered in this report is segmented –
1) By Product: Ultrasonic Scalpel System, Ultrasonic Scalpel Accessories, Ultrasonic Scalpel Generators
2) By Application: Orthopedic Surgery, Gynecological Surgery, Ophthalmic Surgery, Urological Surgery, Cardiovascular Surgery, Other Applications
3) By End User: Hospitals, Ambulatory Surgery Centers, Specialty Clinics, Other End Users
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Regional Insights – North America was the largest region in the ultrasonic scalpel market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ultrasonic scalpel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies – Major companies operating in the ultrasonic scalpel market are Johnson and Johnson, Medtronic PLC, Stryker Corporation, HocerMed, Apollo Technosystems, Olympus, Ethicon Inc., Integra LifeSciences Corporation, Integer Holdings Corporation, Axon Medical Solutions, Conmed Corporation, BOWA Medical UK, Wuhan BBT Mini-Invasive Medical Tech. Co., Ltd., Reach Surgical, Miconvey Technologies, Jiangsu Qianjing Medical Equipment Co, MedWOW Ltd., EZISURG MEDICAL, Surgnova, DePuy Synthes, Soring GmbH, Industrial Design Consultancy Ltd, Innolcon Medical Technology Co. Ltd., Jinan Bakr Ultrasonic Technology Co. Ltd., Tonglu Rex Medical Instrument Co. Ltd., Lepu Medical, SurgScience (Shenzhen) Medical Technology
Table of Contents
1. Executive Summary
2. Ultrasonic Scalpel Market Report Structure
3. Ultrasonic Scalpel Market Trends And Strategies
4. Ultrasonic Scalpel Market – Macro Economic Scenario
5. Ultrasonic Scalpel Market Size And Growth
…..
27. Ultrasonic Scalpel Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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