Global Ultrasonic Scalpels Market Report 2023: Market to Reach $4.8 Billion by 2030 - Increase in Thyroidectomy Procedures to Provide Strong Impetus to Market Growth
DUBLIN, May 10, 2023 /PRNewswire/ -- The "Ultrasonic Scalpels: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Ultrasonic Scalpels Market to Reach $4.8 Billion by 2030
The global market for Ultrasonic Scalpels estimated at US$2.8 Billion in the year 2022, is projected to reach a revised size of US$4.8 Billion by 2030, growing at a CAGR of 6.7% over the analysis period 2022-2030.
General Surgery, one of the segments analyzed in the report, is projected to record a 7.5% CAGR and reach US$1.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Urology & Gynecology segment is readjusted to a revised 6.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 8.2% CAGR
The Ultrasonic Scalpels market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$512.5 Million by the year 2030 trailing a CAGR of 8.2% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.8% and 6.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$423 Million by the year 2030.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- COVID-19 Pandemic and the Disruption in Healthcare Sector
- Significant Backlog of Electric Surgeries amid COVID-19 to Beef Up Ultrasonic Scalpels Demand Going Forwards
- Systemic Approach to Resume Elective Surgeries
- Ultrasonic Scalpels - Global Key Competitors Percentage Market Share in 2022 (E)
- Ultrasonic Scalpels: A Prelude
- Evolution of Ultrasonic Scalpel Over the Years
- Market Outlook
- Geographic Landscape
- Recent Market Activity
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
MARKET TRENDS & DRIVERS
- Rising Number of Minimally-Invasive Surgeries Adds Fillip to Ultrasonic Scalpels Market
- Laparoscopic Surgery Growth Widens Prospects
- Key Laparoscopic Ultrasonic Scalpels
- Gynecology Procedures Expand Opportunities
- Evolving Application in Hysterectomy
- Rise in Endometriosis Offer Growth Prospects
- Multi- Functionality of Ultrasonic Scalpels Buoy Use in Laparoscopic Lymphadenectomies for Management Gynaecological Malignancies
- Increasing Incidence of Cancer Buoys Growth
- Increasing Prevalence and Incidence of Lung Cancer to Push the Demand for Early Diagnoses thus Benefitting the Demand for Ultrasonic scalpel Used in Lung Biopsy
- Age-Standardized Lung Cancer Rates for Select Countries
- Increase in Thyroidectomy Procedures to Provide Strong Impetus to Market Growth
- Benefits of Ultrasonic Scalpel in Tonsillectomy Drive Prospects
- Application of Ultrasonic Scalpels in General Surgery
- Rise in Plastic Surgery Volumes to Augment Sales
- Ultrasonic Bone Scalpel Finds Important Place in Spine Surgery
- Enhancing Ultrasonic Scalpel Dexterity with New Piezoelectric Transducer Design
- MACRO GROWTH DRIVERS
- Rise in Surgical Procedure Volumes
- Aging Demographics Present Opportunities
- Rise in Healthcare Expenditure to Drive Growth
FOCUS ON SELECT PLAYERS (Total 23 Featured)
- Axon Medical Solutions Private Ltd.
- BOWA Medical UK
- Johnson & Johnson
- Medtronic PLC
- MISONIX, Inc.
- Olympus Corporation
- Reach Surgical Inc
- Stryker Corporation
- VDW GmbH
- Wuhan BBT Medical Tech. Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/nvfrwo
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