Ultrasonic Aspirator Market
Global Ultrasonic Aspirator Market Size, Share & Trends Analysis Report by Product (Integrated, and Standalone), By Application (Neurosurgery, Gynecological surgery, Brain Cancer, Cerebrospinal Fluids Related Disorders, Ischemic Stroke, and Others), By End-User (Hospitals, Ambulatory Surgical Centers, and Clinics) Forecast, 2021-2027 Update Available - Forecast 2024-2030
The global ultrasonic aspirator market is anticipated to grow at a CAGR of 7.8% during the forecast period. An ultrasonic aspirator is a surgical tool that uses low-frequency ultrasonic vibrations to fragment tissue while simultaneously irrigating and aspirating the surgical field. It has various advantages such as effective bone removal improved visibility, less collateral damage, and many more. The major driver contributing to the growth of the ultrasonic aspirator market include the increasing focus on minimally invasive surgery. In addition, the market growth is attributed to favorable medical reimbursement policies, an increase in patients having a neurological disorder, and technological advancement in ultrasonic aspirators.
The ultrasonic aspirator market is expected to grow significantly during the forecast period, owing to rising incidences of gynecologic cancers and increased use of ultrasonic aspirators in surgical cytoreduction procedures for cancer treatment. For instance, in 2018, according to the American Cancer Society estimation, about 110,070 new cases of gynecologic cancer were diagnosed and about 32,120 deaths associated with gynecologic cancers were reported in the US. However, there are some factors such as high cost of equipment and lack of trained personnel among others which may hamper the growth of the market. The development of combination devices and wireless ultrasonic aspirators are some of the key opportunities that can contribute to the growth of the ultrasonic aspirator market.
Impact of COVID-19 Pandemic on Global Ultrasonic Aspirator Market
The global ultrasonic aspirator market is hit by the COVID-19 pandemic since December 2019. It has a sudden and dramatic impact on healthcare. The spread of COVID-19 has had an effect on manufacturing and building operations all over the world. For suppliers, logistical constraints and rethinking raw material requirements are becoming a challenge. To rationalize supply, the producers have depended on derived demand as an intermediate commodity. The economic effect of the pandemic on businesses and capital markets is also unfavorable. The market has been on the decline over the weeks, and this trend may persist in the coming months. The Asia Pacific area is the most affected by the pandemic, with China at the epicenter. The majority of multi-country efforts have come to a halt. Supply and development were halted, resulting in damages for manufacturers, retailers, and consumers alike. The market will witness “V” shape recovery in near future owing to the restart of key industries in major economies.
Segmental Outlook
The global ultrasonic aspirator market is segmented based on products, applications, and end-user. Based on the product, the market is segmented into integrated, and standalone. The standalone segment is estimated to have a significant market share due to its simplified design, lower cost, and relatively less risk of damage. The integrated segment is anticipated to have considerable growth mainly due to the possibility of customization and advancement in technology. Based on the application, the market is segmented into neurosurgery, gynecological surgery, brain cancer, cerebrospinal fluids-related disorders, ischemic stroke, and others. Apart from it, based on the end-user, the market is segmented into hospitals, ambulatory surgical centers, and clinics.
Global Ultrasonic Aspirator Market Share by Application 2020 (%)
The neurosurgery segment holds a significant share in the ultrasonic aspirator Market
The neurosurgery segment held the highest share in 2020 and is also anticipated to grow during the forecast period. The medical specialty in neurosurgery, also known as brain surgery, is concerned with the prevention, diagnosis, surgical recovery, and reconstruction of diseases affecting every part of the nervous system, including the brain, spinal cord, central and peripheral nervous systems, and cerebrovascular system. Ultrasonic aspiration (UA) devices are widely used to resect intracranial tumors as they allow for the internal debulking of large tumors while preventing damage to adjacent brain tissue. The main advantages of using neurology ultrasonic aspirators are their versatility and user-friendliness. Since it assists surgeons in integrating the soft tissues for aspiration during complex cranial neurosurgery, the integrated neurology ultrasonic respirator is a high-growth segment that is due to an ever-increasing prevalence of brain tumors and neurological disease-related disorders.
Regional Outlooks
The global ultrasonic aspirator market is further segmented based on geography including North America, Europe, Asia-Pacific, and the Rest of the World. North America has dominated the market growth in 2020 and also is estimated to hold a significant share during the forecasted period. This is mainly due to the presence of technically advanced hospitals, a large number of surgeries performed, and the presence of major players such as Olympus Corp. And Misonix Inc.
Global Ultrasonic Aspirator Market Growth, by Region 2021-2027
Asia-Pacific is projected to have considerable growth in the global Ultrasonic Aspirator market
Asia-Pacific is considered to witness considerable market growth in the global ultrasonic aspirator market during the forecast period. The contribution of domestic players and an improving economy are the reason for the market growth. The presence of major players in the region is also fueling the growth during the forecast period. For instance, Olympus Pvt. Ltd announced plans to purchase Cybersonics' lithotripsy device, which includes the ShockPulse-SE and CyberWand, in 2018. The CyberWand is a two-probe electromechanical instrument that fragments and aspirates calculi in the kidney, bladder, and ureter. ShockPulse-SE is a single-probe system that produces a continuous ultrasonic wave and transient shockwave energy through a single probe to reduce procedure time.
Market Players Outlook
The key players of the ultrasonic aspirator market include Stryker Corp., Olympus Corp., Integra LifeSciences Corp., Misonix, Inc., Soring GmbH, Meta Dynamic Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, and new product launches, to stay competitive in the market. For instance, in April 2019, Stryker Corp. announced the launch of the Sonopet iQ ultrasonic aspirator system at the American Association of Neurological Surgeons annual meeting. This would enable the company to enhance its product portfolio that further enables the company to gain a sustainable position in the ultrasonic aspirator market.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global ultrasonic aspirator market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Ultrasonic Aspirator Industry
• Recovery Scenario of Global Ultrasonic Aspirator Industry
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Ultrasonic Aspirator Market by Product
5.1.1. Integrated
5.1.2. Standalone
5.2. Global Ultrasonic Aspirator Market by Application
5.2.1. Neurosurgery
5.2.2. Gynecological surgery
5.2.3. Brain Cancer
5.2.4. Cerebrospinal Fluids Related Disorders
5.2.5. Ischemic Stroke
5.2.6. Others (Traumatic Brain Injury)
5.3. Global Ultrasonic Aspirator Market by End-User
5.3.1. Hospitals and Clinics
5.3.2. Ambulatory Surgical Centres (ASCS)
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. B. Braun Melsungen AG
7.2. Cybersonics Inc.
7.3. Integra LifeSciences Corp.
7.4. Medtronic PLC
7.5. Meta Dynamic, Inc.
7.6. Misonix, Inc.
7.7. Olympus Corp.
7.8. Söring GmbH
7.9. Stryker Corp.
7.10. Wells Johnson Co.
7.11. XcelLance Medical Technologies Pvt. Ltd.
1. GLOBAL ULTRASONIC ASPIRATOR MARKET RESEARCH AND ANALYSIS, 2020-2027 ($ MILLION)
2. GLOBAL ULTRASONIC ASPIRATOR MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2020-2027 ($ MILLION)
3. GLOBAL INTEGRATED ULTRASONIC ASPIRATOR MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL STANDALONE ULTRASONIC ASPIRATOR MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL ULTRASONIC ASPIRATOR MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
6. GLOBAL ULTRASONIC ASPIRATOR IN NEUROSURGERY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL ULTRASONIC ASPIRATOR IN GYNAECOLOGICAL SURGERY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL ULTRASONIC ASPIRATOR IN BRAIN CANCER MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL ULTRASONIC ASPIRATOR IN CEREBROSPINAL FLUIDS RELATED DISORDERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL ULTRASONIC ASPIRATOR IN ISCHEMIC STROKE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL ULTRASONIC ASPIRATOR IN OTHERS APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL ULTRASONIC ASPIRATOR MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
13. GLOBAL ULTRASONIC ASPIRATOR FOR HOSPITALS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
14. GLOBAL ULTRASONIC ASPIRATOR FOR AMBULATORY SURGICAL CENTRES (ASCS) MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
15. GLOBAL ULTRASONIC ASPIRATOR FOR CLINICS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
16. NORTH AMERICAN ULTRASONIC ASPIRATOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
17. NORTH AMERICAN ULTRASONIC ASPIRATOR MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2020-2027 ($ MILLION)
18. NORTH AMERICAN ULTRASONIC ASPIRATOR MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
19. NORTH AMERICAN ULTRASONIC ASPIRATOR MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
20. EUROPEAN ULTRASONIC ASPIRATOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
21. EUROPEAN ULTRASONIC ASPIRATOR MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2020-2027 ($ MILLION)
22. EUROPEAN ULTRASONIC ASPIRATOR MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
23. EUROPEAN ULTRASONIC ASPIRATOR MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
24. ASIA-PACIFIC ULTRASONIC ASPIRATOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
25. ASIA-PACIFIC ULTRASONIC ASPIRATOR MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2020-2027 ($ MILLION)
26. ASIA-PACIFIC ULTRASONIC ASPIRATOR MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
27. ASIA-PACIFIC ULTRASONIC ASPIRATOR MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
28. REST OF THE WORLD ULTRASONIC ASPIRATOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
29. REST OF THE WORLD ULTRASONIC ASPIRATOR MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2020-2027 ($ MILLION)
30. REST OF THE WORLD ULTRASONIC ASPIRATOR MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
31. REST OF THE WORLD ULTRASONIC ASPIRATOR MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL ULTRASONIC ASPIRATOR MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL ULTRASONIC ASPIRATOR MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL ULTRASONIC ASPIRATOR MARKET, 2021-2027 (%)
4. GLOBAL ULTRASONIC ASPIRATOR MARKET SHARE BY PRODUCT, 2020 VS 2027 (%)
5. GLOBAL ULTRASONIC ASPIRATOR MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
6. GLOBAL ULTRASONIC ASPIRATOR MARKET SHARE BY END-USER, 2020 VS 2027 (%)
7. GLOBAL ULTRASONIC ASPIRATOR MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL INTEGRATED ULTRASONIC ASPIRATOR MARKET SHARE BY REGION, 2020 VS 2027 (%)
9. GLOBAL STANDALONE ULTRASONIC ASPIRATOR MARKET SHARE BY REGION, 2020 VS 2027 (%)
10. GLOBAL ULTRASONIC ASPIRATOR IN NEUROSURGERY MARKET SHARE BY REGION, 2020 VS 2027 (%)
11. GLOBAL ULTRASONIC ASPIRATOR IN GYNAECOLOGICAL SURGERY MARKET SHARE BY REGION, 2020 VS 2027 (%)
12. GLOBAL ULTRASONIC ASPIRATOR IN BRAIN CANCER MARKET SHARE BY REGION, 2020 VS 2027 (%)
13. GLOBAL ULTRASONIC ASPIRATOR IN CEREBROSPINAL FLUIDS RELATED DISORDERS MARKET SHARE BY REGION, 2020 VS 2027 (%)
14. GLOBAL ULTRASONIC ASPIRATOR IN ISCHEMIC STROKE MARKET SHARE BY REGION, 2020 VS 2027 (%)
15. GLOBAL ULTRASONIC ASPIRATOR IN OTHERS APPLICATION MARKET SHARE BY REGION, 2020 VS 2027 (%)
16. GLOBAL ULTRASONIC ASPIRATOR FOR HOSPITALS MARKET SHARE BY REGION, 2020 VS 2027 (%)
17. GLOBAL ULTRASONIC ASPIRATOR FOR AMBULATORY SURGICAL CENTERS MARKET SHARE BY REGION, 2020 VS 2027 (%)
18. GLOBAL ULTRASONIC ASPIRATOR FOR CLINICS MARKET SHARE BY REGION, 2020 VS 2027 (%)
19. US ULTRASONIC ASPIRATOR MARKET SIZE, 2020-2027 ($ MILLION)
20. CANADA ULTRASONIC ASPIRATOR MARKET SIZE, 2020-2027 ($ MILLION)
21. UK ULTRASONIC ASPIRATOR MARKET SIZE, 2020-2027 ($ MILLION)
22. FRANCE ULTRASONIC ASPIRATOR MARKET SIZE, 2020-2027 ($ MILLION)
23. GERMANY ULTRASONIC ASPIRATOR MARKET SIZE, 2020-2027 ($ MILLION)
24. ITALY ULTRASONIC ASPIRATOR MARKET SIZE, 2020-2027 ($ MILLION)
25. SPAIN ULTRASONIC ASPIRATOR MARKET SIZE, 2020-2027 ($ MILLION)
26. REST OF EUROPE ULTRASONIC ASPIRATOR MARKET SIZE, 2020-2027 ($ MILLION)
27. INDIA ULTRASONIC ASPIRATOR MARKET SIZE, 2020-2027 ($ MILLION)
28. CHINA ULTRASONIC ASPIRATOR MARKET SIZE, 2020-2027 ($ MILLION)
29. JAPAN ULTRASONIC ASPIRATOR MARKET SIZE, 2020-2027 ($ MILLION)
30. SOUTH KOREA ULTRASONIC ASPIRATOR MARKET SIZE, 2020-2027 ($ MILLION)
31. REST OF ASIA-PACIFIC ULTRASONIC ASPIRATOR MARKET SIZE, 2020-2027 ($ MILLION)
32. REST OF THE WORLD ULTRASONIC ASPIRATOR MARKET SIZE, 2020-2027 ($ MILLION)
