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Ultrasonic Scalpels Market to Expand to a Valuation of US$4.6 Bn by the End of 2025

11-15-2021 07:19 PM CET | Health & Medicine

Press release from: Transparency Market Research

Ultrasonic Scalpels Market to Expand to a Valuation of US$4.6 Bn

The global ultrasonic scalpels market is estimated to expand at a CAGR of 6.9% during the forecast period 2017 to 2025, states a study by Transparency Market Research (TMR). Further, the assessment document highlights that the market is anticipated to gather the valuation of US$ 4.6 Bn by 2025.

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The TMR research report gives 360-degree analysis of many crucial facets shaping the growth curve of the global ultrasonic scalpels market. Thus, this report incorporates in-depth analysis of drivers, restraints, growth avenues, and challenges in the market for ultrasonic scalpels. Apart from this, the study provides thorough data on historical and present trends in the market for ultrasonic scalpels.

Surge in Product Use in Different Surgeries Boosts Market Growth

Ultrasonic scalpels are used while performing a wide range of surgery types including urologic and gynecologic procedures, pediatric procedures, and laparoscopic general and open processes. Besides, ultrasonic scalpels are also exposed to varied orthopedic structures. Thus, increase in the number of all such surgeries across the globe is projected to boost the growth opportunities in the global ultrasonic scalpels market in the years to come.

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Handheld devices, accessories, and generator are some of the key products available in the global ultrasonic scalpels market. These products are widely utilized by end users such as hospitals, home care setups, and clinics.

Over the period of past several years, there is notable growth in the number of surgical procedures including lung biopsy, thyroidectomy, and tonsillectomy. This factor is anticipated to boost prominent demand opportunities in the global ultrasonic scalpels market in the years to come.

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Growth in Chronic Diseases Fuels Demand Opportunities in Market for ultrasonic scalpels

In recent years, there is remarkable growth in the number of different chronic diseases, specifically the ones that require surgical intervention. This scenario is likely to create prominent demand opportunities in the ultrasonic scalpels market. This aside, increased adoption of technological advancements in the healthcare sector is one of the important factors fueling overall growth of the market for ultrasonic scalpels.

With exceptional growth in awareness regarding the advantages of minimally invasive procedures, there is significant increase in the adoption of these surgical procedures by populace from all across the globe. This, in turn, is expected to bolster the expansion avenues in the global ultrasonic scalpels market in the years to come.

The research report provides in-depth data on all important players operating in the global ultrasonic scalpels market. Some of the key players profiled in the report include many names such as Olympus Corporation, Ethicon, Inc., BOWA-electronic GmbH & Co. KG, Misonix, Inc., Medtronic, Söring GmbH, and Reach surgical and InnoSound Technologies, Inc.

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North America Region Offers Lucrative Avenues for Market Players

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America are some of the key regions for the global ultrasonic scalpels market. Of them, North America is expected to gain dominant position in the market. This growth can be ascribed to growth in inclination for minimally invasive surgical procedures in the region. Besides, the regional market is projected expand on the back of increased adoption of technologically advanced surgical devices in the North American healthcare industry.

Global Ultrasonic Scalpels Market Segmentation

The segmentation of the global ultrasonic scalpels market is performed on the basis of several crucial aspects such as product, type of surgery, type of procedures, end user, and region. Based on surgery, the market for ultrasonic scalpels is classified into open surgery and minimally invasive surgery. In terms of procedures, the segmentation of ultrasonic scalpels market is performed into many parts such as urology, gynecology, general surgery, plastic surgery, ear-nose-throat (ENT), and others.

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About Us

Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for several decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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