Ultrasonic Scalpel Market size is expected to show notable progress during the forecast timeframe of 2023-2032 due to the introduction of advanced technologies to create cutting-edge healthcare devices. The incidence of chronic diseases is on the rise across the globe. This factor has propelled the need for minimally invasive surgeries, especially among the elderly patients, thereby fueling the market gains.
Ultrasonic scalpels, also known as harmonic scalpels, are used for cutting and cauterizing the tissues. These instruments can lower the risk of collateral damage and offer better hemostasis post-surgery. Since there is a robust requirement for higher accuracy during surgical procedures while ensuring that the risk of infections is low, the demand for ultrasonic scalpels will expand over the coming years.
Governments across the world are taking significant steps to encourage the adoption of non-invasive surgeries. For example, the China-Papua New Guinea Friendship Center of Minimally Invasive Surgery was opened in December 2022 in Port Moresby to carry out minimally invasive surgical procedures in various areas, such as gynecology, general surgery, neurology, and urology. Such developments may favor the ultrasonic scalpel market forecast.
Based on type, ultrasonic scalpel industry is segmented into thermoplastic elastomer, silicone liner, and polyurethane liner. The industry size from the silicone liner segment is anticipated to record a notable CAGR through 2032. More end-users in the healthcare sector are increasing their preference for medical devices that offer soft contact for scope protection and enhanced grip strength for many scope configurations. These requirements are likely to spur the usage of silicone ultrasonic scalpels.
In terms of end-use, global ultrasonic scalpel industry is divided into hospitals, home care settings, ambulatory surgical centers, and others. The hospital segment is projected to capture a large market outlook during the analysis period due to the growing number of surgeries in these settings. As per data by the American College of Surgeons, about 15 million individuals in the U.S. undergo surgery every year. Hospitals not only play a vital role in enhancing the quality of patient care, but also provide them with many cost-reduction benefits. Such factors will increase the average patient footfall across these medical institutions, further improving ultrasonic scalpel market outlook.
North America market value is predicted to improve considerably during the analysis timeframe as governments are boosting their healthcare expenditure to enhance people’s access to basic medical facilities. Minimally invasive surgical procedures are also receiving robust financial aid from public as well as private institutions to augment their efficiency and performance. Such investments have also resulted in the creation of innovative medical devices, which will contribute towards the regional industry development.
Stryker Corporation, Lake Region Medical (Integer Holdings), Axon Medical Solutions Private Ltd., Jinan Bakr Ultrasonic Technology Co. Ltd., BOWA MEDICAL UK, EndoAfrique, Ethicon Inc. (Johnson & Johnson), Tonglu Rex Medical Instrument Co. Ltd., Wuhan BBT Medical Tech. Co. Ltd., and MedWOW Ltd., are some of the well-known companies operating in ultrasonic scalpel market.