Growing need for minimally-invasive neurosurgeries, coupled with presence of favorable reimbursement policies in various developed countries are key factors driving market revenue growth.
Market Size - USD 1,276.0 Million in 2020, Market Growth - CAGR of 5.9%, Market Trends - Rising demand for technologically advanced products and preference for minimally invasive surgeries by healthcare professionals in the hospitals and patients globally.
The global ultrasonic aspirators market size is expected to reach USD 2,032.1 Million in 2028, and register a CAGR of 5.9% during the forecast period. Rising demand for ultrasonic aspirators owing to its properties such as effortless, untroubled, and user-friendly operations for use on complex and critical parts of the body is one of the major factors expected to drive growth of the global ultrasonic aspirators market to a significant extent. In comparison with the CO2 laser ablations and regular use of standard drills and manual procedures, the ultrasonic aspirators involve applying minimal pressure, which makes entire tissue dissection process better controllable and also less traumatic.
However, high cost of ultrasonic aspirators and lack of knowledge about such surgeries are factors that could hamper market revenue growth to some extent.
Market Size - USD 1,276.0 Million in 2020, Market Growth - CAGR of 5.9%, Market Trends - Rising demand for technologically advanced products and preference for minimally invasive surgeries by healthcare professionals in the hospitals and patients globally.
The global ultrasonic aspirators market size is expected to reach USD 2,032.1 Million in 2028, and register a CAGR of 5.9% during the forecast period. Rising demand for ultrasonic aspirators owing to its properties such as effortless, untroubled, and user-friendly operations for use on complex and critical parts of the body is one of the major factors expected to drive growth of the global ultrasonic aspirators market to a significant extent. In comparison with the CO2 laser ablations and regular use of standard drills and manual procedures, the ultrasonic aspirators involve applying minimal pressure, which makes entire tissue dissection process better controllable and also less traumatic.
However, high cost of ultrasonic aspirators and lack of knowledge about such surgeries are factors that could hamper market revenue growth to some extent.
Some Key Findings From the Report:
- Among the product type segments, the standalone segment accounted for the largest revenue share of 57.4% in the global ultrasonic aspirators market in 2020.
- North ultrasonic aspirators America market accounted for the largest revenue share in the global market in 2020, and is expected to continue with its dominance over the forecast period.
- In 2020, the Asia Pacific market size was USD 344.5 Million, owing to rapidly growing healthcare industry and rising medical tourism in countries in the region.
- Key players profiled in the report include Stryker Corporation, Olympus Corporation, Söring GmbH, Cybersonics Incorporated, Meta Dynamic Incorporated, Integra Life Sciences Corporation, Xcellance Medical Technologies Pvt. Ltd., MISONIX, Inc., BioMedicon PVT LTD., and InnoSound Technologies, Inc. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global ultrasonic aspirators market is segmented on the basis of product type, sales channel, application, end use, and region:
Product Type Outlook (Revenue, USD Million; 2018 - 2028)
- Standalone
- Integrated
Sales Channel Outlook (Revenue, USD Million; 2018 - 2028)
- Online Retailing
- Offline Retailing
Application Outlook (Revenue, USD Million; 2018 - 2028)
- Neurosurgery
- Gynecological Surgery
- Ischemic Stroke
- Brain Cancers & Injuries
- Cerebrospinal Fluids Disorder
- Liver Surgery
- Orthopedic Surgery
- Others
End Use Outlook (Revenue, USD Million; 2018 - 2028)
- Hospitals
- Clinics & Doctor Chambers
- Ambulatory Surgery Centers
- Others
Region Outlook (Revenue, USD Million; 2018 - 2028)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Ultrasonic Aspirators Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in the Ultrasonic Aspirators Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. Ultrasonic Aspirators Market Segmentation & Impact Analysis
Chapter 5. Ultrasonic Aspirators Market By Product Insights & Trends
Chapter 6. Ultrasonic Aspirators Market By Sales Channel Insights & Trends
Chapter 7. Ultrasonic Aspirators Market By Application Form Insights & Trends
Chapter 8. Ultrasonic Aspirators Market By End-Users Form Insights & Trends
Chapter 9. Ultrasonic Aspirators Market Regional Outlook
Chapter 10. Competitive Landscape
Chapter 11. Company Profiles
Companies Mentioned
- Stryker Corporation
- Olympus Corporation
- Söring GmbH
- Cybersonics Incorporated
- Meta Dynamic Incorporated
- Integra Life Sciences Corporation
- Xcellance Medical Technologies Pvt Ltd.
- MISONIX Inc.
- BioMedicon PVT LTD.
- InnoSound Technologies Inc.
