PUBLISHER: The Business Research Company | PRODUCT CODE: 1526849
PUBLISHER: The Business Research Company | PRODUCT CODE: 1526849
An ultrasonic scalpel is a surgical tool that employs high-frequency ultrasonic vibrations to cut and coagulate tissues simultaneously. This technology allows for precise incisions with minimal thermal damage, reducing blood loss and facilitating faster healing. Widely utilized in both laparoscopic and open surgeries, it enhances surgical accuracy and efficiency.
The primary products associated with ultrasonic scalpels include the ultrasonic scalpel system, ultrasonic scalpel accessories, and ultrasonic scalpel generators. The ultrasonic scalpel system is the core surgical instrument that harnesses high-frequency ultrasonic vibrations for tissue cutting and coagulation. These systems find application across various surgical domains such as orthopedics, gynecology, ophthalmology, urology, cardiovascular procedures, and more. They are utilized in hospitals, ambulatory surgery centers, specialty clinics, and other healthcare facilities.
The ultrasonic scalpel market research report is one of a series of new reports from The Business Research Company that provides ultrasonic scalpel market statistics, including the ultrasonic scalpel industry global market size, regional shares, competitors with ultrasonic scalpel market share, detailed ultrasonic scalpel market segments, market trends, and opportunities, and any further data you may need to thrive in the ultrasonic scalpel industry. This ultrasonic scalpel market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
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 observed during the historic period can be attributed to several factors, including the rise in surgical procedures, increased healthcare expenditure and government support for medical advancements, the adoption of minimally invasive surgical techniques, improvements in surgical outcomes, and the growing emphasis on awareness and training in surgical practices.
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 anticipated growth in the forecast period can be attributed to several factors, including the increasing incidence of cancer cases, economic growth in emerging markets leading to greater healthcare spending, rising demand for aesthetic surgeries, ongoing development of hospital infrastructure, and expansions in insurance coverage for medical procedures. Major trends expected during this period include advancements in robotic surgery technologies, growth in the silicone liner segment for surgical applications, strategic collaborations and mergers within the healthcare industry, and the integration of advanced technologies such as artificial intelligence and data analytics in surgical practices.
The ultrasonic scalpel market is poised for growth, driven by the increasing demand for minimally invasive surgical procedures. These procedures involve surgical techniques performed through small incisions or natural body openings, offering benefits such as reduced trauma, shorter hospital stays, lower infection rates, improved cosmetic results, and faster recovery times. Surgeons prefer these techniques due to technological advancements, increased expertise, and patient preference. Ultrasonic scalpels play a crucial role in these procedures by providing surgeons with precision cutting capabilities, reduced bleeding, faster recovery, and lower complication risks, ultimately improving patient outcomes. For example, as of April 2022, surgical procedures experienced a 54% increase, with an average of 320 procedures performed by plastic surgeons in 2021, according to the Aesthetic Society. This rise in demand for minimally invasive procedures is fueling the growth of the ultrasonic scalpel market.
Leading companies in the ultrasonic scalpel sector are focusing on developing surgical tools to meet the growing demand for minimally invasive procedures and enhance patient outcomes. These tools utilize ultrasonic vibrations to enable precise and clean incisions, reducing tissue damage and promoting faster healing. For instance, Heal Force Bio-Meditech Holdings Limited launched the Heal Force UHS100 Ultrasonic Scalpel System in August 2023. This system features advanced components such as a touch screen host for stable energy output, a high-quality ultrasonic transducer for efficient electro-acoustic conversion, and a flexible cutter head for reliable cutting and hemostasis. The system aims to improve surgical precision, comfort, and outcomes across different types of surgeries.
In October 2021, Bioventus Inc. acquired Misonix, expanding its portfolio of surgical solutions and strengthening its presence in the ultrasonic scalpel market. Misonix Inc. specializes in developing and manufacturing ultrasonic surgical devices, including ultrasonic scalpels.
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
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.
The countries covered in the ultrasonic scalpel market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The ultrasonic scalpel market consists of sales of handheld ultrasonic scalpels, laparoscopic ultrasonic scalpels, and robotic ultrasonic scalpels. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Ultrasonic Scalpel Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on ultrasonic scalpel market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for ultrasonic scalpel ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The ultrasonic scalpel market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.