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 anticipated growth in the forecast period can be attributed to several factors, including early adoption of innovative medical technologies, increasing demand for precision surgery, expanding applications of ultrasonic bone-cutting devices, and a significant shift from traditional open surgeries to minimally invasive procedures. Key trends expected in this period include the development of more efficient ultrasonic surgical cutters, advancements towards portable and user-friendly designs, the introduction of single-use disposable options, miniaturization of devices, and ongoing improvements in blade and tip designs to enhance surgical outcomes.
The ultrasonic surgical cutters market is poised for growth driven by increasing demand for minimally invasive surgeries. These surgeries involve specialized instruments and techniques that minimize tissue damage by using small incisions or natural body openings. Patients favor minimally invasive procedures due to quicker recovery times, improved surgical outcomes, and cost considerations in healthcare. Ultrasonic surgical cutters play a crucial role in enhancing these surgeries by enabling precise tissue cutting, minimizing thermal damage, and reducing bleeding, thereby facilitating faster recovery and better patient outcomes. For example, the American Society of Plastic Surgeons reported a significant increase in minimally invasive surgeries performed in the USA from 2022 to 2023, highlighting the growing demand driving the ultrasonic surgical cutters market.
Leading companies in the ultrasonic surgical cutters market are focusing on advancing their product offerings, such as ultrasonic bone scalpels, to improve surgical precision and efficacy. These instruments utilize ultrasonic vibrations to cut bone tissue with exceptional precision while minimizing damage to surrounding tissues. Chongqing Xishan Science & Technology Co. Ltd. introduced the UT-C-S1 Ultrasonic Bone Scalpel in July 2023, designed to enhance surgical outcomes in spinal procedures by offering surgeons a more precise and efficient alternative to conventional bone-cutting tools.
In October 2021, Bioventus Inc. acquired Misonix, Inc. for $500 million, significantly expanding its product portfolio and market reach in the ultrasonic surgical cutters segment. Misonix Inc., a US-based medical device company, specializes in manufacturing ultrasonic surgical cutters, reinforcing Bioventus' position in the healthcare technology industry.
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.
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.
The countries covered in the ultrasonic surgical cutters market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Ultrasonic surgical cutters are medical devices that employ high-frequency ultrasonic vibrations to precisely cut tissue during surgical procedures, minimizing thermal damage to surrounding tissues.
The main types of ultrasonic surgical cutters include high-frequency devices, which utilize advanced technology to cut and coagulate tissues effectively. These devices come in variations such as battery-operated and electrically operated models, and find application in orthopedic surgery, gynecological surgery, ophthalmic surgery, urological surgery, and cardiovascular surgery. Hospitals and ambulatory surgical centers are the primary users of these devices.
The ultrasonic surgical cutters market research report is one of a series of new reports that provides ultrasonic surgical cutters market statistics, including ultrasonic surgical cutters industry global market size, regional shares, competitors with an ultrasonic surgical cutters market share, detailed ultrasonic surgical cutters market segments, market trends and opportunities, and any further data you may need to thrive in the ultrasonic surgical cutters industry. This ultrasonic surgical cutter market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The ultrasonic surgical cutters market consists of sales of harmonic ultrasonic cutters, pneumatic ultrasonic cutters, generator units, coagulation devices, and bone cutting blades. Values in this market are ‘factory gate’ values, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Ultrasonic Surgical Cutters Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on ultrasonic surgical cutters market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for ultrasonic surgical cutters ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The ultrasonic surgical cutters market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: High Frequency; Low Frequency2) 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
Key Companies Mentioned: Johnson & Johnson; Medtronic PLC; Stryker Corporation; Olympus Corporation; Integra LifeSciences Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | September 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 1.42 Billion |
Forecasted Market Value ( USD | $ 1.76 Billion |
Compound Annual Growth Rate | 5.6% |
Regions Covered | Global |