Ultrasonic Scalpel Global Market Report 2024 Global Market Analysis, Trends, Growth, Research And Forecast 2033

The Business Research Company recently released a comprehensive report on the Global Ultrasonic Scalpel Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, 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 in the historic period can be attributed to increasing surgical procedures, healthcare expenditure and government support, minimally invasive surgeries, improved surgical outcomes, and increasing awareness and training.

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 growth in the forecast period can be attributed to rising incidence of cancer, economic growth in emerging markets, aesthetic surgery demand, hospital infrastructure development, and insurance coverage expansion. Major trends in the forecast period include advancements in robotic surgery, silicone liner segment growth, strategic collaborations and mergers, integration of advanced technologies.

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Market Drivers and Trends:

The growing number of clinical trials is expected to propel the growth of the research-grade proteins market. Clinical trials refer to research studies investigating the safety and effectiveness of new medical treatments, interventions, or devices in humans. The number of clinical trials is rising due to medical research advancements, disease burden, regulatory changes, patient demand, and industry investment. Research-grade proteins help in clinical trials by serving as essential tools for biomarker development, assay development, drug target identification, quality control, and reference standards, ensuring the accuracy and reliability of experimental data. For instance, according to ClinicalTrials.gov, a US-based clinical trial registry, by the end of 2023, 477,234 clinical trials were registered globally on ClinicalTrials.gov, an increase compared to 437,512 registered clinical trials in 2022. Therefore, the growing number of clinical trials is driving the growth of the research-grade proteins market.

Major companies operating in the ultrasonic scalpel market are developing surgical tools to meet the increasing demand for minimally invasive procedures and improve patient outcomes. Surgical tools utilize ultrasonic vibrations to enable precise and clean incisions during surgical procedures, reducing tissue damage and promoting faster healing. For instance, in August 2023, Heal Force Bio-Meditech Holdings Limited, a China-based manufacturer of medical and laboratory equipment, launched Heal Force UHS100 Ultrasonic Scalpel System, a surgical tool. The UHS100 system is equipped with advanced features such as a touch screen host for stable energy output, a high-quality ultrasonic transducer for efficient electro-acoustic conversion, a flexible cutter head for reliable cutting and hemostasis, and diversified accessories to meet the needs of different types of surgeries. The UHS100 Ultrasonic Scalpel System aims to revolutionize the surgical landscape by providing surgeons with unparalleled control, accuracy, and comfort during procedures, ultimately enhancing patient outcomes and shaping a healthier future in the field of surgery.

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Major Key Players of the Market:

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

Ultrasonic Scalpel Market 2024 Key Insights:

• 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%.
• Role of Minimally Invasive Surgery in Driving the Growth of the Ultrasonic Scalpel Market
• Innovations In Ultrasonic Scalpel Technology Enhancing Minimally Invasive Surgery and Patient Outcomes
• North America was the largest region in the ultrasonic scalpel market in 2023

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