Report Explores the Global Ultrasonic Aspirator Market Size, Demand, Growth, Analysis and Forecast to 2024

The Ultrasonic Aspirator Market is expected to reach USD 570.91 million by 2024 from USD 403.82 million in 2017, at a CAGR of 5.14% during the forecast period.

Ultrasonic aspirators are surgical tools intended to fragment, emulsify and aspirate hard and soft tissues. Ultrasonic surgical aspirator devices use an oscillating tip to cause tissue fragmentation through the delivery of ultrasound energy to target tissue. Ultrasonic aspirators show effective results in surgical procedures such as neurosurgery, liver surgery, orthopedic surgery, brain cancer surgery, and others. From the same perspective, Infinium Global Research has figured out three core segments- product, application, and end-user.

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The Ultrasonic Aspirator Market is bifurcated into Product, Application, and End-User.

Market Segmented by Product Type

The Product type segment is bifurcated into Standalone and Integrated. Standalone accounted for the largest market share during 2017 and will continue to dominate the ultrasonic aspirator market during the forecast period. The growing use of stand-alone ultrasonic aspirators in orthopedic procedures for tissue fragmentation and bone escalate growth of Standalone ultrasonic aspirator.

Market Segmented by Applications

On the basis of application, the global ultrasonic aspirator market is divided into neurosurgery, gynecological surgery, brain cancers, ischemic stroke, traumatic brain injury, cerebrospinal fluids related disorders and others. Neurosurgery segment held the maximum share of 37.81 % in 2017, it was worth USD 152.67 million in 2017.

Market Segmented by End user

By end user, the global ultrasonic aspirator market is segmented into hospitals, ambulatory surgical centers, clinic, and others. The hospital's segment accounted for the majority market share during 2017 and will continue to dominate the aspirator machine market until the end of 2024. Ultrasonic aspirators are used in the neurosurgery, brain surgery, and other surgeries that require patients to stay at the hospital for post-surgery examination.

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The global ultrasonic aspirators market is primarily driven by the increasing number of neurosurgery, liver surgery, orthopedic surgeries worldwide. Currently, the application of ultrasonic aspirators has been also increasing in other types of surgeries such as surgery related to brain cancers, CSF disorders. Furthermore, Ultrasonic aspirators are minimally invasive devices, used to suck the soft-tissue or bones from the cavities. The demand for minimally invasive surgery across the globe is expected to escalate the growth of the market. The high cost of ultrasonic aspirator may hamper the growth of the market. The cost of ultrasonic aspirators varies on the basis of brands, product, and region. Going further, Increasing R&D investment helps the key manufacturers for technological advancements of the ultrasonic aspirators which in turn creates growth opportunities for the global ultrasonic aspirator market.

Regional Analysis

Geographically, the market is divided into North America, Europe, APAC and RoW. The North dominated the ultrasonic aspirator market. Factors such as increased incidence of neurological disorders and improved medical reimbursement are responsible for driving the growth of the North America region. In addition, the presence of technically advanced hospitals and ambulatory surgery centers and the presence of leading key players in the region are some factors responsible for the growth of the market. The U.S. is accounted to be the largest market share in the North America region. Going further, Europe held the second-leading share of the global ultrasonic aspirators market owing to the increasing growth rate of diagnosis and treatment of diseases and developed healthcare Infrastructure. The Asia Pacific is expected to be the fastest growing region during the forecast period. Undeveloped healthcare infrastructure is likely to restrain the growth of ultrasonic aspirators market in RoW region during the forecast period.

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