The future of the global ultrasonic scalpel market looks promising with opportunities in the hospital, ambulatory surgery centre, and specialty clinic end-use segments. The major drivers for this market are increasing demand for advanced surgical techniques to treat challenging ailments, increasing prevalence of chronic and lifestyle diseases, along with growing preference for treatments with minimally invasive procedures.
Ultrasonic Scalpel Market by Segment
The study includes a forecast for the global ultrasonic scalpel market by product type, application, end use, and region, as follows:Ultrasonic Scalpel Market by Product Type [Shipment Analysis by Value from 2017 to 2028]:
- Silicone Liner
- Thermoplastic Elastomer (TPE)
- Polyurethane Liner
Ultrasonic Scalpel Market by Application [Shipment Analysis by Value from 2017 to 2028]:
- Arm Disabled People
- Leg Disabled People
Ultrasonic Scalpel Market by End Use [Shipment Analysis by Value from 2017 to 2028]:
- Hospitals
- Ambulatory Surgery Centres
- Specialty Clinics
- Others
Ultrasonic Scalpel Market by Region [Shipment Analysis by Value from 2017 to 2028]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Ultrasonic Scalpel Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ultrasonic scalpel companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ultrasonic scalpel companies profiled in this report include:- Stryker
- Lake Region Medical
- Axon Medical Solutions
- Jinan Bakr Ultrasonic Technology
- BOWA MEDICAL
- EndoAfrique
- Ethicon
Ultrasonic Scalpel Market Insights
- It is forecast that silicone liner will remain the largest segment over the forecast period due to the considerable use of this equipment in medical facilities as it provides soft contact for scope protection and improved grip strength for a variety of scope configurations.
- Hospital is expected to remain the largest segment due to the growing number of surgeries performed out in a hospital spaces and rising penetration of patients in medical centers to receive high-quality care.
- North America will remain the largest region due to the encouraging government spending in the healthcare industry to improve the public's access to essential medical amenities, easy availability of advanced medical devices, and presence of key players in the region.
Features of the Ultrasonic Scalpel Market
- Market Size Estimates: Ultrasonic scalpel market size estimation in terms of value ($B).
- Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
- Segmentation Analysis: Ultrasonic scalpel market size by various segments, such as by product type, application, end-use, and region.
- Regional Analysis: Ultrasonic scalpel market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different product types, applications, end uses, and regions for the ultrasonic scalpel market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the ultrasonic scalpel market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQs
Q1. What is the ultrasonic scalpel market size?Answer: The global ultrasonic scalpel market is expected to reach an estimated $3.9 billion by 2028.
Q2. What is the growth forecast for ultrasonic scalpel market?
Answer: The global ultrasonic scalpel market is expected to grow with a CAGR of 6.1% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the ultrasonic scalpel market?
Answer: The major drivers for this market are increasing demand for advanced surgical techniques to treat challenging ailments, increasing prevalence of chronic and lifestyle diseases, along with growing preference for treatments with minimally invasive procedures.
Q4. What are the major segments for ultrasonic scalpel market?
Answer: The future of the ultrasonic scalpel market looks promising with opportunities in the hospital, ambulatory surgery centre, and specialty clinic end use segments.
Q5. Who are the key ultrasonic scalpel companies?
Answer: Some of the key ultrasonic scalpel companies are as follows:
- Stryker
- Lake Region Medical
- Axon Medical Solutions
- Jinan Bakr Ultrasonic Technology
- BOWA MEDICAL
- EndoAfrique
- Ethicon
Answer: It is forecast that silicone liner will remain the largest segment over the forecast period due to the considerable use of this equipment in medical facilities as it provides soft contact for scope protection and improved grip strength for a variety of scope configurations.
Q7. In ultrasonic scalpel market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to the encouraging government spending in the healthcare industry to improve the public's access to essential medical amenities, easy availability of advanced medical devices, and presence of key players in the region.
Q8. Do we receive customization in this report?
Answer: Yes, 10% additional customization is provided without any additional cost.
This report answers following 11 key questions:
Q1. What are some of the most promising, high-growth opportunities for the global ultrasonic scalpel market by product type (silicone liner, thermoplastic elastomer, and polyurethane liner), application (arm disabled people and leg disabled people), end use (hospitals, ambulatory surgery centres, specialty clinics, and others),and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q2. Which segments will grow at a faster pace and why?
Q3. Which region will grow at a faster pace and why?
Q4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q5. What are the business risks and competitive threats in this market?
Q6. What are the emerging trends in this market and the reasons behind them?
Q7. What are some of the changing demands of customers in the market?
Q8. What are the new developments in the market? Which companies are leading these developments?
Q9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q11. What M&A activity has occurred in the last five years and what has its impact been on the industry?
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Table of Contents
Companies Mentioned
- Stryker
- Lake Region Medical
- Axon Medical Solutions
- Jinan Bakr Ultrasonic Technology
- BOWA MEDICAL
- EndoAfrique
- Ethicon
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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