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The global ultrasonic aspirator market size is estimated to grow by USD 153.86 million between 2022 to 2027 accelerating at a CAGR of 5.73%.
This ultrasonic aspirator market report extensively covers market segmentation by Product (integrated ultrasonic aspirators and stand-alone ultrasonic aspirators), End-user (hospitals, ambulatory surgical centers, and clinics), Application (neurosurgery, gynecological surgery, and others), and Geography (North America, Europe, Asia, and Rest of World (ROW)). It also includes an in-depth analysis of drivers, trends, and challenges.
Neurological disorders are complex medical conditions that contribute to the global disease burden. Epilepsy, dementia, and cerebral palsy are some major neurological disorders that have been increasing due to various factors. Robotic technology is being used for neurosurgery procedures in developing countries like India. This increasing number of neurological disorders globally is driving the growth of the ultrasonic aspirator market.
Annual statistics for epilepsy in leading countries
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The COVID-19 pandemic severely hit countries in North America, such as the US, Canada, and Mexico, in 2020. Due to the outbreak, regulatory bodies across the US imposed a lockdown for several weeks in the first half of 2020. Due to the lockdown Thus, the increasing prevalence of gynecologic cancer, as ultrasonic aspirator is used during cancer treatment, is expected to propel the growth of the global ultrasonic aspirator market during the forecast period.
Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The global medical devices market is rapidly expanding due to advancements and upgrades in technology. The interventional market, in particular, is highly profitable due to technological innovations. Leading companies have been acquiring smaller vendors to improve their devices and remain competitive. The healthcare industry is experiencing a shift towards better primary care and patient safety, with the use of robotic technology in neurosurgery procedures reducing complexity. The development of healthcare infrastructure will contribute to the growth of the global ultrasonic aspirator market in the coming years.
Combination devices that integrate ultrasonic aspirators are increasingly used for surgical procedures in various areas of application. The Sonopet by Stryker, for example, functions as both an endoscopic and a microscopic device during resection surgery, using vibrational activity to suction out damaged tissue in selective areas. The ultrasonic aspirator by Integra LifeSciences is also utilized in various combinations for surgical procedures that require tissue damage or electrical shock effects. These devices are used in a wide range of surgical procedures, including neurosurgery, orthopedic surgery, and general surgery.
Neurosurgery procedures require robust product support. While ultrasonic aspirator products have performed well in the market, product recalls can occur due to safety issues or defects. Stryker's Sonopet Ultrasonic Aspirator console faced a recall in 2013 due to a component change control issue. The corrosion on the power supply board's relay caused a conduction defect that could stop the irrigation pump from functioning. Another recall occurred in 2014 due to insufficient irrigation, resulting in excess heat production at the tip of the system. In 2011, Integra CUSA NXT Ultrasonic Tissue Ablation System Service Module was recalled due to a design fault, where the insulation covering of a wire cable could become abraded, causing a short circuit and loss of aspiration. Therefore, product recall is a challenge faced by the global ultrasonic aspirator market.
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
META Dynamic Inc - The company offers ultrasonic aspirators for neurological surgery. This segment offers accuracy, virtual screw sizing, timely screw placement, and reduced radiation exposure for patients and the surgical team.
The report also includes detailed analyses of the competitive landscape of the market and information about prominent and key market vendors, including:
Technavio’s report consists of a holistic analysis of the key development analysis, development stage, key market players, their marketing strategies, and powerful innovations to help any client gain a competitive edge.
The market share growth of the integrated ultrasonic aspirators segment will be significant during the forecast period. Integrated ultrasonic aspirators are used in surgical procedures such as neurosurgery, liver surgery, spine surgery, and several others. These devices can be integrated with the tissue ablation system and can be used for several procedures and also helps with the fragmentation of selective tissue as well as the continuous irrigation and aspiration of the surgery area. Such critical applications of these devices will fuel growth during the forecast period.
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Hospitals that perform surgical procedures are the key end-users of ultrasonic aspirators and therefore contribute significantly to market growth. In hospitals, ultrasonic aspirators have multiple applications, including neurosurgery, liver surgery, dentistry, and others. Both public and private sector hospitals use these devices for surgical procedures. Hospitals in Americas Brazil The epidemiology of neurological diseases in the country is rising due to the changes in lifestyle and the increase in the number of trauma cases. Hospitals in Brazil are witnessing a rise in the hospitalization rate, with medical tourism being a major reason, due to the relatively lower costs of surgeries than in countries in the region, such as the US and Canada. It has been reported that the prevalence of neurological disorders is expected to double every five years in the country. The rise in neurological disorders will have a positive impact on the growth of the ultrasonic aspirator market in the country.
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North America is estimated to contribute 29% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
The ultrasonic aspirator market in North America is expected to grow at a steady pace during the forecast period. Countries such as the US and Canada will be among the major contributors to the market. However, there will be a significant rise in the market in Mexico due to the growth in medical tourism.
Ultrasonic Aspirator Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2022 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.73% |
Market growth 2023-2027 |
USD 153.86 million |
Market structure |
Concentrated |
YoY growth (%) |
5.37 |
Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
Performing market contribution |
North America at 29% |
Key consumer countries |
US, Brazil, UK, France, and China |
Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
Key companies profiled |
B. Braun SE, BioMedicon Pvt. Ltd., Bioventus Inc., Cybersonics Inc, Integra Lifesciences Holdings Corp., Kamcon Bio Technology Systems Pvt. Ltd., META Dynamic Inc, Olympus Corp., Soering GmbH, Stryker Corp., and XcelLance Medical Technologies Pvt. Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Market Segmentation by Application
9 Customer Landscape
10 Geographic Landscape
11 Drivers, Challenges, and Trends
12 Vendor Landscape
13 Vendor Analysis
14 Appendix
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