This report on the ultrasonic scalpels market analyzes the current and future prospects of the market. The report comprises an elaborate executive summary, including a market snapshot that provides overall information of various segments and sub-segments. The research is a combination of primary and secondary research. Detailed qualitative analysis of factors responsible for driving and restraining market growth and opportunities has been provided in the market overview section. Market revenue in terms of US$ Mn for the period between 2015 and 2025 along with the compound annual growth rate (CAGR %) from 2017 to 2025 are provided for all the segments, considering 2016 as the base year.
Ultrasonic scalpels are medical devices used to simultaneously cut and cauterize tissues. These devices are used in surgical procedures, preferably minimally invasive surgical procedures, to aid health care providers to dissect and seal tissues, leading to reduced blood loss, reduced surgery time, and improved outcomes. Ultrasonic devices have been able to demonstrate superiority in different medical aspects of surgeries as compared to electrosurgical devices, which also offer dissection and vessel sealing.
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Global Ultrasonic Scalpels market Witness Most Promising Rise in Demand
The global ultrasonic scalpels market is envisaged to attain prominence in the coming years due to distinguishing advantages over electrosurgical equipment in terms of certain factors such as post-surgical operations and reduction of blood loss. This has also created newer applications of ultrasonic scalpels in the recent years, allowing the market to spread its prominence across other domains of the medical devices industry. Ultrasonic scalpels have emerged as a critical set of tools required by healthcare providers worldwide for performing different surgical procedures.
The global ultrasonic scalpels market is envisaged to expand to a valuation of US$4.6 bn by the end of 2025 after progressing from a US$2.3 bn valuation obtained in 2016. This growth of the market could be marked at an expected CAGR of 7.9% for the forecast tenure 2017-2025.
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Market related factors such as technological developments, product innovation, expansion of healthcare infrastructure facilities around the world, and historical year-on-year growth have been taken into consideration while estimating the market size. Growth rates for each segment within the ultrasonic scalpels market have been determined after a thorough analysis of past trends, demographics, future trends, technological developments, product development life cycle, and regulatory requirements. These factors would help the market players to take strategic decisions in order to strengthen their positions and expand their share in the global market.
Key Players of Ultrasonic Scalpels Market Report:
The competition matrix section included in the report is likely to assist the existing players to increase their market shares and new companies to establish their presence in the ultrasonic scalpels market. The report also profiles major players in the ultrasonic scalpels market based on various attributes such as company overview, financial overview, SWOT analysis, key business strategies, product portfolio, and recent developments. Key companies profiled in the report include Ethicon, Inc. , Olympus Corporation, Misonix, Inc., BOWA-electronic GmbH & Co. KG, Söring GmbH, Medtronic, Reach surgical and InnoSound Technologies, Inc.
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