Ultrasonic Surgical Cutters Market 2024 - By Growth Rate, Sales, Production, Consumption Manufacturers, Shares And Outlook By 2033

Global ultrasonic surgical cutters market size is expected to reach $1.76 billion by 2028 at a rate of 5.6%, segmented as by type, high frequency, low frequency

Oct 24, 2024 - 11:42

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Ultrasonic Surgical Cutters Market 2024 - By Growth Rate, Sales, Production, Consumption Manufacturers, Shares And Outlook By 2033

The ultrasonic surgical cutters global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Ultrasonic Surgical Cutters Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size -

The ultrasonic surgical cutters market size has grown strongly in recent years. It will grow from $1.35 billion in 2023 to $1.42 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to the strong emphasis on patient safety, favorable reimbursement policies, an aging population, growing complications associated with traditional open surgeries, and the presence of a large number of players.

The ultrasonic surgical cutters market size is expected to see strong growth in the next few years. It will grow to $1.76 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to the early adoption of innovative medical technologies, rising demand for precision surgery, expanding applications of ultrasonic bone-cutting devices, and a shift from open to minimally invasive surgeries. Major trends in the forecast period include efficient ultrasonic surgical cutters, portable and easy-to-use ultrasonic cutters, the development of single-use, disposable ultrasonic cutters, the miniaturization of ultrasonic cutters, and advancements in blade and tip designs.

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Scope Of Ultrasonic Surgical Cutters Market

The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Ultrasonic Surgical Cutters Market Overview

Market Drivers -

Rising demand for minimally invasive surgeries is expected to propel the growth of the ultrasonic surgical cutters market going forward. Minimally invasive surgeries refer to surgical procedures that are performed through small incisions or natural body openings, using specialized instruments and techniques to minimize tissue damage. The rising demand for minimally invasive surgeries is driven by patient preferences for quicker recovery times, improved surgical outcomes, and considerations of healthcare costs. Ultrasonic surgical cutters enhance minimally invasive surgeries by enabling precise tissue cutting, minimal thermal damage, and reduced bleeding, thereby promoting faster recovery 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, in 2022, approximately 23,672,269 minimally invasive surgeries were performed in the USA, rising by 7% to reach 25,442,640 surgeries in 2023. Therefore, the rising demand for minimally invasive surgeries is driving the growth of the ultrasonic surgical cutters market.

Market Trends -

Major companies operating in the ultrasonic surgical cutters market are focusing their efforts on developing technologically advanced products, such as ultrasonic bone scalpels, to enhance precision and efficacy in surgical procedures. Ultrasonic bone scalpels are surgical instruments that use ultrasonic vibrations to cut bone tissue with high precision and minimal damage to surrounding tissues. For instance, in July 2023, Chongqing Xishan Science & Technology Co. Ltd., a China-based medical technology and surgical equipment company, launched the UT-C-S1 Ultrasonic Bone Scalpel to reduce tissue damage and improve patient outcomes. This cutting-edge device utilizes ultrasonic vibration technology to provide surgeons with a more precise and efficient alternative to traditional bone-cutting tools commonly used in spinal procedures. The UT-C-S1 Ultrasonic Bone Scalpel demonstrates superior precision and efficiency in bone cutting for spinal surgery compared to conventional tools.

The ultrasonic surgical cutters market covered in this report is segmented –

1) By Type: High Frequency, Low Frequency

2) By Product: Battery Operated, Electrically Operated

3) By Application: Orthopedic Surgery, Gynecological Surgery, Ophthalmic Surgery, Urological Surgery, Cardiovascular Surgery

4) By End-Users: Hospitals, Ambulatory Surgical Centers

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Regional Insights -

North America was the largest region in the ultrasonic surgical cutters market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ultrasonic surgical cutters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies -

Major companies operating in the ultrasonic surgical cutters market are Johnson & Johnson, Medtronic PLC, Stryker Corporation, Olympus Corporation, Integra LifeSciences Corporation, Meril Life Inc, Bioventus Surgical Inc, Symmetry Surgical Inc, Reach Surgical Inc, Chongqing Xishan Science & Technology Co Ltd, Miconvey Technologies, Surgnova Healthcare Technologies, Trimpeks Healthcare, Alan Electronic Systems Pvt Ltd, BOWA-electronic GmbH & Co. KG, Sonablate Corp, Söring GmbH, Axon Medical Solutions Private Ltd, Rex Medical Instrument Co. Ltd, Taktvoll Medien, Sunny Medical Equipment Limited, Shinova Medical Co Ltd

Table of Contents

1. Executive Summary

2. Ultrasonic Surgical Cutters Market Report Structure

3. Ultrasonic Surgical Cutters Market Trends And Strategies

4. Ultrasonic Surgical Cutters Market – Macro Economic Scenario

5. Ultrasonic Surgical Cutters Market Size And Growth

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27. Ultrasonic Surgical Cutters Market Competitor Landscape And Company Profiles

28. Key Mergers And Acquisitions

29. Future Outlook and Potential Analysis

30. Appendix

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