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Ultrasonic Scalpels Market worth $7.05 billion by 2030, growing at a CAGR of 9.21% - Exclusive Report by 360iResearch

02-26-2024 10:11 AM CET | Health & Medicine

Press release from: 360iResearch

Ultrasonic Scalpels Market | 360iResearch

Ultrasonic Scalpels Market | 360iResearch

The "Ultrasonic Scalpels Market by Product (Handheld Ultrasonic Scalpel Devices, Ultrasonic Scalpels Accessories, Ultrasonic Scalpels Generators), Type (Polyurethane Liner, Silicone Liner, Thermoplastic Elastomer), Type of Surgery, Type of Procedures, Indication, Distribution Channel, End-use - Global Forecast 2023-2030" report has been added to 360iResearch.com's offering.

The Global Ultrasonic Scalpels Market to grow from USD 3.48 billion in 2022 to USD 7.05 billion by 2030, at a CAGR of 9.21%.

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Ultrasonic scalpels are instruments in surgical technology that utilize ultrasonic vibrations to cut through tissue while simultaneously coagulating blood precisely. This advanced device operates at high frequencies, allowing for minimal tissue trauma and reduced blood loss compared to traditional surgical tools. Its importance lies in its capability to enhance surgical efficiency and patient outcomes, particularly in delicate procedures. The precision and reduced thermal injury risk offered by ultrasonic scalpels make them indispensable in surgeries, including those in otorhinolaryngology, gynecology, and general surgery, significantly improving postoperative recovery. The increasing number of surgical procedures worldwide, driven by the rising prevalence of chronic diseases and the growing aging population, has substantially augmented the demand for advanced surgical instruments such as ultrasonic scalpels. In addition, the growing focus on minimally invasive surgeries by healthcare professionals and patients is also propelling the demand for ultrasonic scalpels, positioning them as a preferred choice for a wide range of surgical applications. However, the high cost associated with ultrasonic scalpels is a significant challenge that manufacturers and operators face. Companies constantly focus on innovation and research areas, including developing cost-effective ultrasonic scalpel models to enhance affordability and accessibility. Moreover, integrating smart technologies such as AI to guide precision and decision-making in surgical procedures may open new avenues for the manufacturers while significantly contributing to market growth.

In America, the United States and Canada witnessed a substantial market for ultrasonic scalpels due to the high demand for advanced surgical tools, a well-established healthcare system, and major manufacturers. Ongoing research, continuous innovations, and significant investments in the medical device sector bolster America's market. On the other hand, in Europe, the demand for ultrasonic scalpels is supported by a strong healthcare infrastructure, high healthcare spending, and increased surgical procedures. European countries have been at the forefront of adopting innovative surgical solutions, which is evident from their active participation in research and development of new technologies. The Middle East, with its rapidly developing healthcare sector, especially in countries such as the United Arab Emirates (UAE) and Saudi Arabia, shows a growing market potential for ultrasonic scalpels. Moreover, the Asia Pacific region is witnessing rapid growth in the ultrasonic scalpels market, driven by increasing healthcare expenditure, a growing number of surgeries, and rising awareness about the advantages of these devices. China, with its significant investments in healthcare infrastructure and a growing number of hospitals, is seeing an uptick in demand for advanced surgical instruments. Japan, known for its technological advancements, has several patents related to ultrasonic scalpels, indicating robust research and development activities. India's market is primarily driven by the increasing adoption of minimally invasive surgeries, government initiatives to improve healthcare facilities and a surge in medical tourism.

Market Segmentation & Coverage:

This research report categorizes the Ultrasonic Scalpels Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Product, market is studied across Handheld Ultrasonic Scalpel Devices, Ultrasonic Scalpels Accessories, and Ultrasonic Scalpels Generators. The Handheld Ultrasonic Scalpel Devices commanded largest market share of 34.21% in 2022, followed by Ultrasonic Scalpels Generators.

Based on Type, market is studied across Polyurethane Liner, Silicone Liner, and Thermoplastic Elastomer. The Silicone Liner commanded largest market share of 34.92% in 2022, followed by Thermoplastic Elastomer.

Based on Type of Surgery, market is studied across Minimally Invasive Surgery and Open Surgery. The Open Surgery commanded largest market share of 41.79% in 2022, followed by Minimally Invasive Surgery.

Based on Type of Procedures, market is studied across Ear- Nose- Throat (ENT), General Surgery, and Plastic Surgery. The General Surgery commanded largest market share of 42.71% in 2022, followed by Ear- Nose- Throat (ENT).

Based on Indication, market is studied across Gynecologic Cancer, Lung Biopsy, Thyroidectomy, and Tonsillectomy. The Gynecologic Cancer commanded largest market share of 18.16% in 2022, followed by Lung Biopsy.

Based on Distribution Channel, market is studied across Offline and Online. The Offline commanded largest market share of 89.36% in 2022, followed by Online.

Based on End-use, market is studied across Ambulatory Surgical Centers and Hospitals & Clinics. The Hospitals & Clinics commanded largest market share of 91.23% in 2022, followed by Ambulatory Surgical Centers.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 42.40% in 2022, followed by Americas.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Ultrasonic Scalpels Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Ultrasonic Scalpels Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Ultrasonic Scalpels Market, highlighting leading vendors and their innovative profiles. These include Axon Medical Solutions, Bioventus Inc., BOWA-Electronic GmbH & Co. KG, Cadence Inc., Duomed Belgium, Elite Medical, Hangzhou Rex Medical Instrument Co., Ltd., Heal Force Bio-Meditech Holdings Limited, Johnson & Johnson Services, Inc., Lepu Medical Technology(Beijing)Co., Ltd., LISI Group, Lotus Surgicals Pvt. Ltd., Medtronic PLC, Rivolution GmbH, SHANGHAI LZQ PRECISION TOOL CO., LTD, Shenzhen Jiayuanda Technology Co.,Ltd., Sonics & Materials, Inc., Stryker Corporation, Surgnova Healthcare Technologies, Syneron, Söring GmbH, and Wuhan BBT Mini-Invasive Medical Tech. Co., Ltd..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Ultrasonic Scalpels Market, by Product
7. Ultrasonic Scalpels Market, by Type
8. Ultrasonic Scalpels Market, by Type of Surgery
9. Ultrasonic Scalpels Market, by Type of Procedures
10. Ultrasonic Scalpels Market, by Indication
11. Ultrasonic Scalpels Market, by Distribution Channel
12. Ultrasonic Scalpels Market, by End-use
13. Americas Ultrasonic Scalpels Market
14. Asia-Pacific Ultrasonic Scalpels Market
15. Europe, Middle East & Africa Ultrasonic Scalpels Market
16. Competitive Landscape
17. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Ultrasonic Scalpels Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Ultrasonic Scalpels Market?
3. What is the competitive strategic window for opportunities in the Ultrasonic Scalpels Market?
4. What are the technology trends and regulatory frameworks in the Ultrasonic Scalpels Market?
5. What is the market share of the leading vendors in the Ultrasonic Scalpels Market?
6. What modes and strategic moves are considered suitable for entering the Ultrasonic Scalpels Market?

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Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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