ULTRASONIC ASPIRATOR MARKET ANALYSIS

Ultrasonic Aspirator Market Insights

Ultrasonic aspirators are surgical tools used to fragment the tissue with simultaneous irrigation and aspiration of surgical field. This technology is widely used in neurological, lacrimal, orbital, and skull base surgeries. Ultrasonic aspirators uses the low frequency ultrasonic vibrations to fragment tissue. The major growth drivers for ultrasonic aspirator market include increasing adoption of minimally invasive surgeries and high prevalence of neurological disorders and gynecological disorder (cancer).

The global ultrasonic aspirator market was valued at US$ 332.9 million in 2017, and is expected to witness a CAGR of 5.3% during the forecast period (2018 – 2026).

Figure 1. Global Ultrasonic Aspirator Market value Analysis (US$ Mn) and Forecast and Absolute $ Opportunity

To learn more about this report, request a free sample copy

Source: Coherent Market Insights Analysis (2018)

Increasing Adoption of Minimally Invasive Technique is expected to Drive Growth of the Ultrasonic Aspirator Market

Rapid adoption of minimally invasive surgical technique over existing surgical practice is one of major drivers for growth of the market. For instance, as per study report published by National Center for Biotechnology Information (NCBI) in 2013, most of the surgeons are using minimally invasive surgical techniques to perform procedures that were previously done by open surgery. Surgeons perform cholecystectomy laparoscopically in 96% of the cases. In laparoscopic lymphadenectomy, ultrasonic aspirators are used to manage surgical endometriosis.

Moreover, National Center for Biotechnology Information estimated national trends and disparities of minimally invasive surgery for localized renal cancer for 5 years, from 2010 to 2015. As per NCBI findings, there were 46,346 minimally invasive surgeries performed for partial nephrectomy and 37,712 subjects underwent radical nephrectomy (RN) in the U.S.  

Ultrasonic Aspirator Market- Regional Analysis

Regional segmentation of the global ultrasonic aspirator market comprises North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

North America ultrasonic aspirator market is expected to account for the largest market share owing to new product launches in this region. For instance, in September 2018, Misonix, Inc., disclosed its first ultrasonic surgical aspirator platform technology, neXus, at North American Spine Society (NASS) conference. neXus is fully integrated smart technology combining all the features of Misonix's existing solutions such as BoneScalpel, SonicOne, and SonaStar. SonaStar is the ultrasonic aspirators that help to perform surgeries faster and remove tumors precisely with fewer complications. The new platform is to be launched in the first half of 2019.

Increasing medical tourism in Asian countries especially in India due to availability of large number of hospitals dealing with minimally invasive surgeries is expected to drive the growth for ultrasonic aspirator market in Asia Pacific.

Figure 2: Global Ultrasonic Aspirator Market Value (US$ Mn), By Region

To learn more about this report, request a free sample copy

Source: Coherent Market Insights Analysis (2018)

Ultrasonic Aspirator Market - Competitive Landscape

Key players operating in the ultrasonic aspirator market include Stryker Corporation, Olympus Pvt. Ltd., Integra LifeSciences, B. Braun Melsungen AG, Sring GmbH, Biomedicon Systems India Pvt Ltd, Xcellance Medical Technologies, Misonix, Cybersonics, Inc., Meta Dynamic, Inc., and InnoSound Technologies, Inc.