Global Ultrasonic Scalpel Market Size, Share And Growth Analysis For 2024-2033
The Business Research Company's Ultrasonic Scalpel Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
LONDON, GREATER LONDON, UK, July 31, 2024 /EINPresswire.com/ -- The ultrasonic scalpel market has experienced robust growth in recent years, expanding 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.
Strong Future Growth Anticipated3
The ultrasonic scalpel market is projected to continue its strong growth, reaching $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.
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Growth Driver Of The Ultrasonic Scalpel Market
The rising demand for minimally invasive surgical procedures is expected to propel the growth of the ultrasonic scalpel market going forward. Minimally invasive surgical procedures refer to surgical techniques that are performed through small incisions or natural body openings. Minimally invasive surgical procedures are on the rise due to their benefits, including reduced trauma, shorter hospital stays, lower infection rates, improved cosmetic results, technological advancements, increased surgeon expertise, and patient preference. Ultrasonic scalpels help in minimally invasive surgical procedures by providing surgeons with precision cutting capabilities, reduced bleeding, faster recovery times, and lower risk of complications, ultimately improving patient outcomes.
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Major Players And Market Trends
Key players in the ultrasonic scalpel market include Johnson and Johnson, Medtronic PLC, Stryker Corporation, HocerMed, Apollo Technosystems, Olympus, Ethicon Inc., Integra LifeSciences Corporation, Integer Holdings Corporation.
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.
Segments:
1) By Product: Ultrasonic Scalpel System, Ultrasonic Scalpel Accessories, Ultrasonic Scalpel Generators
2) By Application: Orthopedic Surgery, Gynecological Surgery, Ophthalmic Surgery, Urological Surgery, Cardiovascular Surgery, Other Applications
3) By End User: Hospitals, Ambulatory Surgery Centers, Specialty Clinics, Other End Users
Geographical Insights: North America Leading The Market
North America was the largest region in the ultrasonic scalpel market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ultrasonic scalpel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Ultrasonic Scalpel Market Definition
An ultrasonic scalpel is a surgical instrument that uses high-frequency ultrasonic vibrations to cut and coagulate tissue simultaneously. It provides precise incisions with minimal thermal damage, reducing blood loss and promoting faster healing. Commonly used in laparoscopic and open surgeries, it enhances surgical precision and efficiency.
Ultrasonic Scalpel Global Market Report 2024 from The Business Research Company covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Ultrasonic Scalpel Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on ultrasonic scalpel market size2, ultrasonic scalpel market drivers and trends, ultrasonic scalpel market major players, ultrasonic scalpel competitors' revenues, ultrasonic scalpel market positioning, and ultrasonic scalpel market growth across geographies. The ultrasonic scalpel market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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