Ultrasonic Scalpel Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI4215
Ultrasonic Scalpel Market size is projected to experience significant growth from 2019 to 2025.
Ultrasound scalpel is also called as harmonic scalpel. It is a surgical equipment used for simultaneously cutting and cauterizing tissue. Ultrasound scalpel cuts by vibrating at a range of 20,000-60,000 Hz. Ultrasound scalpels offer reliable hemostasis and low collateral damage.
Rising number of surgeries such as thyroidectomy, lung biopsy, tonsillectomy etc., growing prevalence of chronic diseases and rising demand for advanced medical instrument will boost the ultrasonic scalpel market growth over the forecast period. The precision with time saving offered by ultrasound scalpels will also drive the market growth.
With the advancements in technology, especially in the field of medical devices, the demand for ultrasonic scalpel will increase. Factors such as lower loss of blood during the surgical procedure and faster recovery of patient post-surgery will drive the ultrasonic scalpel market growth over the foreseeable future.
Moreover, improving healthcare policies that provide medical cover and reimbursements to patients across the globe will augment the global ultrasonic scalpel market. Government of various developed and developing nations are taking steps to promote and support the reimbursement scenario. Such government initiatives across the globe will positively impact the number of surgeries thereby boosting the growth of ultrasonic scalpel market over the estimation period.
Rising adoption of minimally invasive techniques and growing scope of ultrasonic scalpel in various types of surgical procedures such as neurosurgery, cosmetic surgery, cholecystectomy etc. will also augment the market growth all over the globe. Ultrasonic scalpels have huge demand from hospitals owing to repetitive orders, large volume of patients and high number of surgeries in hospital setting. However, stringent government regulations and high cost will hamper the growth of ultrasonic scalpel market over the forecast period.
The U.S. ultrasonic scalpel market contributed for the highest share in the global market by country in 2018. The high share is due to the huge adoption rate for technologically advanced medical devices, high budget of healthcare facilities, availability of well-developed healthcare infrastructure as well as the presence of major market players in the country. The U.S. ultrasonic scalpel market is projected to grow at a promising growth over the forecast period due to the high healthcare expenditure.
The fastest growing market in the global ultrasonic scalpel market by country is Japan. Japan is expected to grow with a lucrative growth over the analysis period owing to huge investments in R7D related to medical instrument, fast pace adoption for technological advancements, growing healthcare expenditure and innovations in the medical science field. These factors will drive the demand for ultrasonic scalpels.
Market players such as Lotus Ultrasonic Scalpel, Stryker Corporation, Lake Region Medical, Ethicon Inc., Wuhan BBT Medical Tech. Co. Ltd., Axon Medical Solutions Private Ltd., Jinan Bakr Ultrasonic Technology Co. Ltd, EndoAfrique, MedWOW Ltd., and Tonglu Rex Medical Instrument Co. Ltd. contribute for a significant share of the ultrasonic scalpel market. key strategic initiatives such as innovative product launches, technological advancements, partnerships, mergers and capacity expansion are taken by the market players in order to further improve their respective market positions.
Ultrasonic Scalpel Market by Product, 2014-2025 (USD Million)
- Ultrasonic scalpels Accessories
- Ultrasonic scalpels Generators
- Handheld Ultrasonic Scalpel Devices
Ultrasonic Scalpel Market by Type, 2014-2025 (USD Million)
- Silicone Liner
- Thermoplastic Elastomer
- Polyurethane Liner
Ultrasonic Scalpel Market by End-use, 2014-2025 (USD Million)
- Ambulatory Surgical Centers
- Home Care
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- Saudi Arabia
- South Africa
- Lotus Ultrasonic Scalpel
- Stryker Corporation
- Lake Region Medical
- Ethicon Inc.
- Wuhan BBT Medical Tech. Co. Ltd.
- Axon Medical Solutions Private Ltd.
- Jinan Bakr Ultrasonic Technology Co. Ltd
- MedWOW Ltd.
- Tonglu Rex Medical Instrument Co. Ltd.
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