Ultrasonic Scalpel System Market Summary
According to the new market research report “Global Ultrasonic Scalpel System Market Report 2023-2029”, published by QYResearch, the global Ultrasonic Scalpel System market size is projected to reach USD 5.42 billion by 2029, at a CAGR of 8.5% during the forecast period.
Ultrasonic Scalpel System Product Overview
According to QYResearch Top Players Research Center, the global key manufacturers of Ultrasonic Scalpel System include Ethicon (Johnson & Johnson), Medtronic, Olympus, Stryker, HocerMed, Soring GmbH, BOWA MEDICAL, Integra LifeSciences, Misonix Inc (Bioventus), EZISURG MEDICAL, etc. In 2022, the global top five players had a share approximately 97.0% in terms of revenue.
According to QYResearch Top Players Research Center, the global key manufacturers of Ultrasonic Scalpel System include Ethicon (Johnson & Johnson), Medtronic, Olympus, Stryker, HocerMed, Soring GmbH, BOWA MEDICAL, Integra LifeSciences, Misonix Inc (Bioventus), EZISURG MEDICAL, etc. In 2022, the global top 10 players had a share approximately 100.0% in terms of revenue.
In terms of product type, currently Gun-type Scalpels is the largest segment, hold a share of 61.2%.
In terms of product application, currently Hospitals is the largest segment, hold a share of 41.5%.
Market Drivers:
D1: As the global population is aging, obesity rates are climbing, and the wealth effect is increasing healthcare spending, investment in healthcare will continue to grow.
D2: With the progress of medical level in middle-income countries, it will promote the growth of market demand in the short term.
D3: With the continuous popularization of minimally invasive surgery, the role of ultrasonic scalpel in it is becoming more and more important.
Restraint:
R1: For reasons such as technology and patents, Western companies headed by Johnson & Johnson are in a monopoly position in the industry.
R2: The global economic outlook is uncertain due to the Covid-19 outbreak and the Russian-Ukrainian conflict, which has slowed down the medical industry to some extent.
Opportunity:
With the increasing penetration of minimally invasive surgery, the market demand for ultrasonic scalpels continues to expand.
With the continuous improvement of technology, the cutter head and handle in the ultrasonic scalpel system, a variety of cutter heads can meet different cutting needs in surgery, from scissors handle to controllable handle, the use experience of the handle is continuously optimized.
Although companies led by Johnson & Johnson still occupy the vast majority of the market. However, in recent years, some new companies have appeared in China, which is famous for its manufacturing industry. The prices of these companies' products are relatively low, and they cannot be ignored in the market in the future.
About The Authors
Wangzhuang - Lead Author
Email: wangzhuang@qyresearch.com
John is a technology & market senior analyst specializing in semiconductor devices, materials, and equipment. Wang has 3 years’ experience in semiconductor and focuses on Chemicals, consumer goods, food and beverages, machinery and equipment, software and business services, etc. He is engaged in the development of technology and market reports and is also involved in custom projects.
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
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