Ultrasonic Dissection Devices Market Size, Share Global Analysis Report, 2024 – 2032

Industry Insights

[208+ Pages Report] According to Facts & Factors, the global ultrasonic dissection devices market size was valued at USD 8.29 billion in 2023 and is predicted to surpass USD 19.87 billion by the end of 2032. The ultrasonic dissection devices industry is expected to grow by a CAGR of 10.20% between 2024 and 2032.

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Market Overview

Ultrasonic dissection devices refer to the sophisticated surgical tools that assist in dissecting tissues during medical procedures. These convert electrical energy into ultrasonic vibrations that produce mechanical friction with minimum heat generation. These devices have different components, like control consoles, dissecting instruments, handpieces, generators, and many others.

One of the major advantages of using ultrasonic dissection devices is that they offer minimum damage to the surrounding tissues and lower blood loss. These tools are quite versatile in nature and can be used in diverse surgical procedures and specialties.

Key Insights

• As per the analysis shared by our research analyst, the global ultrasonic dissection devices market size is estimated to grow annually at a CAGR of around 10.20% over the forecast period (2024-2032).
• In terms of revenue, the global ultrasonic dissection devices market size was valued at around USD 8.29 billion in 2023 and is projected to reach USD 19.87 billion by 2032.
• Rising demand for minimally invasive surgeries is driving the growth of the global ultrasonic dissection devices market.
• Based on end-users, the hospital segment is growing at a high rate and is projected to dominate the global market.
• Based on applications, the cardiology segment is anticipated to grow with the highest CAGR in the global market.
• Based on types, the high-intensity focused ultrasonic ablators segment is projected to swipe the largest market share.
• Based on products, the consumables segment is expected to dominate the global market.
• Based on region, North America is expected to dominate the global market during the forecast period.

Growth Drivers

• Rising demand for minimally invasive surgeries is driving the growth of the global market.

Minimally invasive procedures are gaining more popularity because of the numerous advantages, such as lower risk of complications, smaller incisions, and faster recovery time, which are major factors driving the growth of the global ultrasonic dissection devices market. Ultrasonic dissection devices are very important tools used in minimally invasive surgical procedures. These tools help in precision tissue cutting without any major damage. It also reduces the burden on public healthcare infrastructure as it offers shorter hospital stays.

Moreover, the increasing incidences of chronic diseases like gastrointestinal, cardiovascular, and cancer are further likely to positively influence the growth of the market. Procedures like bypass craft are strengthening the demand for these ultrasonic tools for precision tissue dissection. The fast-growing geriatric population is also emerging as an important factor for the high growth rate of surgical interventions for cardiac diseases, cancer, and other orthopedic issues that involve these ultrasonic devices.

Restraints

• High cost of ultrasonic dissection devices is expected to hinder the growth of the global market.

Ultrasonic dissection devices are costly compared to traditional devices because they use advanced engineering technology in these tools. However, the high cost of procuring and maintaining these tools is likely to hamper the growth of the ultrasonic dissection devices industry in the coming years. Small and medium-sized hospitals and healthcare centers may find it difficult to install these tools in their centers.

Opportunities

• Technological advancements are expected to foster growth opportunities in the global market.

The ongoing innovations in ultrasonic dissection technology are likely to foster growth opportunities in the global ultrasonic dissection devices market. The development of high-intensity focused ultrasound ablators and hand-held ultrasonic scalpels is also likely to revolutionize the industry. These developments are expected to help healthcare professionals with precise and efficient dissection that further helps improve the safety profiles. Robotic surgeries are also gaining momentum, particularly in specialties like urology, gynecology, and oncology, where precession is critical. These ultrasonic dissection devices are ideal for robotic executions.

Also, the fast expansion of surgical specialties and the high versatility of ultrasonic dissection devices make them indispensable in modern surgical practices. Therefore, all these factors are likely to open many new growth opportunities in the global market.

Challenges

• Availability of alternative surgical tools is a big challenge in the global market.

There are many other surgical tools, like monopolar instruments, electrocautery devices, and mechanical scalpels, which surgeons use in medical procedures as an alternative to ultrasonic dissection devices.

However, it is a big challenge in the ultrasonic dissection devices industry as it slows down their adoption rate. Moreover, the strict regulatory approval standards are further delaying the market entry of these devices, thereby leading to the slow growth of the industry.

Report Scope

Report Attribute	Details
Market Size in 2023	USD 8.29 Billion
Projected Market Size in 2032	USD 19.87 Billion
CAGR Growth Rate	10.20% CAGR
Base Year	2023
Forecast Years	2024-2032
Key Market Players	Hamilton Medical, Kalamed GmbH., EKF Diagnostics, Seca GmbH & Co. KG., Medtronic Plc., NSK Ltd., Tuttnauer Co. Ltd., Sartorius AG, Ethicon Endo-Surgery Inc., and Others.
Key Segment	By End-Users, By Applications, By Types, By Products, and By Region
Major Regions Covered	North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa
Purchase Options	Request customized purchase options to meet your research needs. Explore purchase options

Segmentation Analysis

The global ultrasonic dissection devices market can be segmented into end-users, applications, types, products, and regions.

On the basis of end-users, the market can be segmented into ambulatory surgical centers, hospitals, and others. The hospital segment will account for the largest share of the ultrasonic dissection devices industry during the forecast period. Hospitals execute a diverse range of surgeries ranging from cardiovascular to oncology procedures, which is a major factor for the high growth rate of the segment. The increasing number of such surgeries in the market is fueling the demand for surgical tools like ultrasonic dissection devices. Also, the public and private hospitals are well-equipped with advanced facilities because of the continuous investments.

Additionally, hospitals hire best-in-class surgeons and healthcare professionals who can use these advanced surgical technologies easily. Hospitals also witness a wide patient base because these centers can easily execute complex surgical interventions. Furthermore, many regions have favorable healthcare reimbursement policies that financially benefit patients who have undergone such expensive medical procedures.

Moreover, these healthcare facilities are widely adopting minimally invasive techniques, which help lower the patient stay in the hospital and increase the success rate of surgical procedures. Therefore, these factors contribute immensely to the growth of the segment during the forecast period.

On the basis of applications, the market can be segmented into bariatric surgery, urology, general surgery, gynecology, cardiology, and others. Cardiology is expected to be the fastest-growing segment in the global ultrasonic dissection devices market during the forecast period. The increasing incidences of cardiovascular issues like valve disorder, coronary artery disease, and atrial fibrillation are the major reasons for the high CAGR of the segment.

Additionally, advancements in technology are leading to the development of minimally invasive procedures in cardiac surgery, like robotic-assisted cardiac surgeries, which is further expected to positively influence the growth of the segment. However, such advanced surgeries require sophisticated tools like ultrasonic dissection devices to help healthcare professionals work with precision and have a high percentage of successful surgeries.

Also, these help in cardiac surgeries by lowering the surgical trauma and offering minimal damage during tissue dissection. It offers a shorter recovery time and less bleeding, thereby making it a favorable process for patients. Moreover, the rise in the aging population globally is further expected to open new growth opportunities in the market as such a demographic is more susceptible to cardiovascular diseases.

On the basis of types, the market can be segmented into shockwave therapy systems, ultrasonic surgical ablation systems, magnetic resonance-guided focused, ultrasonic ablators, and high-intensity focused ultrasonic ablators. High-intensity-focused ultrasonic ablators segment is likely to dominate the ultrasonic dissection devices industry during the forecast period. HIFU is more versatile in nature and can be easily used in diverse applications like gynecology, urology, oncology, and cardiology. These devices are non-invasive and are, therefore, an ideal alternative to conventional surgical procedures. However, advancements in technologies like real-time imaging integration are further likely to revolutionize the market.

Additionally, there is a significant surge in cases of liver, prostate, and pancreatic cancers, which further strengthens the demand for HIFU ablation techniques. The increasing regulatory approval for HIFU devices across regions like Asia Pacific and North America is also anticipated to boost its adoption rate globally.

On the basis of products, the market can be segmented into consumables and generators. The consumables segment is expected to register the highest CAGR growth during the forecast period. Increasing preferences for minimally invasive and open surgery procedures among patients is one of the major factors driving the growth of the global ultrasonic dissection devices market during the forecast period. Consumables are witnessing a steady and growing revenue stream in the market. Advanced consumables are precision-engineered and help increase the efficiency and effectiveness of surgical procedures.

Additionally, the diversifying applications of consumables across different specialties like oncology, cardiology, and general surgery are further expected to open new growth opportunities in the market.

Regional Analysis

• North America to dominate the global market.

North America is likely to account for the largest share of the global ultrasonic dissection devices market during the forecast period. The major reason for the high growth rate of the North American market is its strong leadership in the global healthcare industry. However, the United States is the leading region in the North American market because of the highest number of surgical procedures.

Moreover, the presence of top device manufacturers in the US is further expected to positively influence the growth of the market. The ongoing investments in improving the healthcare infrastructure in hospitals and surgical centers are further expected to contribute towards the development of the regional market. Canada is also a growing market because of the increasing healthcare spending. The fast expansion of healthcare facilities in the region supported by government policies is also expected to foster developments in the regional market.

Asia Pacific is another major region that is likely to see developments in the coming years. The rising incidents of chronic diseases like cardiovascular disorders, cancer, and other lifestyle-oriented conditions in APAC are strengthening the growth of the regional market.

Moreover, the government and private organizations in the region are investing heavily in expanding the healthcare infrastructure, which is also likely to positively influence the growth of the regional market. The advantages of minimally invasive procedures, like lower complication risks and shorter stay time, are further fueling the demand for these ultrasonic dissection devices in the market. Countries like Malaysia, Thailand, and India are turning into leading hubs for medical tourism, which is also expected to accentuate the growth of the regional market. The fast-growing elderly population, particularly in countries like South Korea and Japan, is also expected to widen the scope of the regional market in the coming years.

Competitive Analysis

The key players in the global ultrasonic dissection devices market include:

• Hamilton Medical
• Kalamed GmbH.
• EKF Diagnostics
• Seca GmbH & Co. KG.
• Medtronic Plc.
• NSK Ltd.
• Tuttnauer Co. Ltd.
• Sartorius AG
• Ethicon Endo-Surgery Inc.

For instance, the Olympics Corporation took over many processes in the Versapoint Electrosurgery System from Ethicon Inc. in 2019.

The global ultrasonic dissection devices market is segmented as follows:

By End-Users Segment Analysis

• Ambulatory Surgical Centers
• Hospitals
• Others

By Applications Segment Analysis

• Bariatric Surgery
• Urology
• General Surgery
• Gynecology
• Cardiology
• Others

By Types Segment Analysis

• Shockwave Therapy Systems
• Ultrasonic Surgical Ablation Systems
• Magnetic Resonance-Guided Focused
• Ultrasonic Ablators
• High-Intensity Focused Ultrasonic Ablators

By Products Segment Analysis

• Consumables
• Generators

By Regional Segment Analysis

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America