Ultrasonic Surgical System Market Research Report, Size, Industry Forecast Analysis | Valuates Reports

Ultrasonic Surgical System Market

According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years.

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Ablation is an advanced treatment option for various diseases such as cancers, cardiac arrhythmias, and Others medical conditions. Ultrasonic ablation is a noninvasive procedural technique that uses sound wave and is concentrated at the diseased area of the tissue, leading to heating and cellular destruction of the diseased tissue. Ultrasonic or magnetic resonance imaging (MRI) is performed that directs the ablation device to the diseased tissue. Ultrasonic tissue ablation system is designed. Radiofrequency and ultrasonic ablation devices are considered the most preferred and selected products by doctors and physicians. Ultrasonic ablation is a minimally invasive surgical procedure that involves a local anesthetic and mild sedation. This procedure is primarily used to reduce chronic low-back and neck pain caused due to degeneration of joints (due to arthritis and Others spinal conditions).

The global Ultrasonic Surgical System market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.

The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.

This report aims to provide a comprehensive presentation of the global market for Ultrasonic Surgical System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ultrasonic Surgical System.

By Type
• High-intensity Focused Ultrasonic (HIFU) Ablators
• Magnetic Resonance-guided Focused Ultrasonic (MRGFUS) Ablators
• Ultrasonic Surgical Ablation Systems
• Shock Wave Therapy Systems

By Application
• Hospital
• Ambulatory Surgical Centers
• Clinics
• Specialty

Key Companies
Ethicon, Johnson & Johnson, Misonix Inc., SonaCare Medical, LLC., Insightec Ltd, Integra LifeSciences Corporation, Alpinion Medical Systems., Chongqing Haifu Medical Technology

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