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Ultrasound And Electrosurgical Energy Dissectors Market 2024-2033 - Size, Growth & Key Player Analysis
Ultrasound And Electrosurgical Energy Dissectors Market
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According to The Business Research Company's, The ultrasound and electrosurgical energy dissector market size has grown strongly in recent years. It will grow from $6.03 billion in 2023 to $6.44 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historical period can be attributed to favorable reimbursement policies, increasing regulatory approvals, improved patient outcomes, expanding applications in oncology, and increasing focus on maternal and fetal health.
The ultrasound and electrosurgical energy dissector market size is expected to see strong growth in the next few years. It will grow to $8.48 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to a shift towards point-of-care diagnostics, increasing healthcare awareness, increasing adoption of robotic surgical procedures, growing demand for personalized medicine, and increasing preference for outpatient procedures. Major trends in the forecast period include improving diagnostic accuracy, advancements in imaging capabilities, focus on sustainability, integration of artificial intelligence and machine learning, and robotic-assisted ultrasound guidance.
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Market Drivers and Trends:
The rising demand for minimally invasive surgeries is expected to propel the growth of the ultrasound and electrosurgical energy dissectors market going forward. Minimally invasive surgeries (MIS) are surgical techniques performed through small incisions or natural body openings rather than large, open incisions. These procedures aim to reduce trauma to the body, decrease postoperative pain, shorten recovery times, and minimize scarring. Ultrasound and electrosurgical energy dissectors are integral to the advancement and success of minimally invasive surgeries by enabling surgeons to perform complex procedures with greater precision, reduced trauma, and improved patient outcomes. For instance, in January 2023. according to the data published by the American Society of Plastic Surgeons, a US-based association of plastic surgeons, the number of minimally invasive cosmetic surgeries performed in the USA increased by 7% from 23.67 million in 2022 to 25.44 million in 2023. Therefore, the rising demand for minimally invasive surgeries drives the growth of the ultrasound and electrosurgical energy dissectors market.
Major companies operating in the ultrasound and electrosurgical energy dissectors market are focused on developing innovative products, such as single-use hybrid ultrasonic and bipolar electrosurgical instruments, to enhance precision, efficiency, and patient outcomes in surgical procedures. Single-use hybrid ultrasonic and bipolar electrosurgical instruments are disposable surgical tools that combine ultrasound and bipolar electrical energy for precise tissue cutting and coagulation in surgeries. For instance, in September 2022, Olympus Corporation, a Japan-based medical device manufacturing company, launched the THUNDERBEAT Open Fine Jaw Type X, a single-use hybrid ultrasonic and bipolar electrosurgical instrument for open surgery. The device is designed for open surgical procedures requiring delicate and refined tissue dissection, such as thyroidectomy or radical neck dissection. It features a newly developed thermal shield at the distal tip, slows heat transfer, and reduces the risk of unintended heat damage to surrounding tissue and vessels. The slim, finely curved tip enables precise tissue management, which includes fine dissection, firm grasping, cutting, sealing, and blunt dissection.
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Major Key Players of the Market:
Johnson & Johnson, Medtronic PLC, Becton, Dickinson and Company, Stryker Corporation, Medline Industries Inc., B. Braun Melsungen AG, Olympus Corporation, Smith & Nephew PLC, Arthrex Inc., Integra LifeSciences Corporation, Conmed Corporation, Applied Medical Resources Corporation, Symmetry Surgical Inc., PK Technology, Bovie Medical Corporation, Aspen Surgical Products Inc., BOWA-electronic GmbH & Co. KG, Söring GmbH, Encision Inc., Erbe Elektromedizin GmbH, Ellman International Inc.
Ultrasound And Electrosurgical Energy Dissectors Market 2024 Key Insights:
• The ultrasound and electrosurgical energy dissector market size is expected to see strong growth in the next few years. It will grow to $8.48 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%.
• Rising Demand For Minimally Invasive Surgeries Drives Growth Of Ultrasound And Electrosurgical Energy Dissectors Market
• Technological Advances In Ultrasonic Surgical Cutters Enhanced Market Growth
• North America was the largest region in the ultrasound and electrosurgical energy dissector market in 2023
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