Ultrasonic Scalpels Market Size, Share Global Analysis Report, 2022 – 2028

Industry Insights

[221+ Pages Report] According to the report published by Facts Factors, the global ultrasonic scalpels market size was worth around USD 2842 million in 2021 and is predicted to grow to around USD 3921 million by 2028 with a compound annual growth rate (CAGR) of roughly 5.52% between 2022 and 2028. The report analyzes the global ultrasonic scalpels market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the ultrasonic scalpels market.

Market Overview

Ultrasonic scalpels are also known as harmonic scalpels and are surgical equipment that use ultrasonic vibrations to either cauterize or cut tissues. Ultrasonic waves are sound waves with frequencies greater than the maximum audible limit of the human ear. These waves cannot be heard by the human ear, otherwise, they have the same properties as normal sound waves. Cauterization refers to the medical practice of modifying a body part involving burning, closing off, or removal of the intended part or section for medical purposes. The procedure is also used to remove any undesired growth, stop bleeding or any other damage, as well as minimize any potential health risks like infections in case of absence of antibiotics. Many scholars consider the use of ultrasonic scalpels far more effective than electrosurgery which applied high radio frequency with alternating electric current and polarity since harmonic scalpels are capable of cutting through thick tissues as well while producing a lesser quantity of surgical smoke along with an eliminated risk of electrocution in case of mishandling.

Key Insights

• As per the analysis shared by our research analyst, the global ultrasonic scalpels market is estimated to grow annually at a CAGR of around 5.52% over the forecast period (2022-2028)
• In terms of revenue, the global ultrasonic scalpels market size was valued at around USD 2842 million in 2021 and is projected to reach USD 3921 million, by 2028
• Due to a variety of driving factors, the market is predicted to rise at a significant rate
• Based on type channel segmentation, handheld devices were predicted to show maximum market share in the year 2021
• Based on application segmentation, hospitals were the leading application in 2021.
• On the basis of region, North America was the leading revenue generator in 2021

Covid-19 Impact

The global market cap witnessed a rise in demand for the device during the pandemic which was majorly driven due to the increased use of ultrasonic scalpels in Covid-19 patients to treat severe side effects associated with the virus. However, scholars recommended the use of active smoke evacuators instead of ultrasonic scalpels when conducting upper airway surgery.

Growth Drivers

• Increasing the number of minimally invasive surgeries to drive the market demand

The global ultrasonic scalpels market is projected to grow because of the wide applications the equipment has while conducting minimally invasive surgeries. The product is highly preferred since it can cut through thick tissues and avoid bleeding at the same time, making it more effective and safe to be used during operations. Other devices for the same purpose lack in some form like concerns related to excess bleeding post the use of the device or electrocution in case of negligence. All these factors are eliminated when ultrasonic scalpels are used. The global market cap may also benefit from the rising applications in gynecology. To study the efficiency of the device in this sector, a study was conducted as published on the National Library of Medicine website, in which 42 cases of small gynecologic medical diseases were treated with the help of ultrasonic scalpels and the conclusion was that the device is safe for use to treat gynecologic disorders.

Restraints

• Potential danger in thyroid surgery to restrict market expansion

Ultrasonic scalpels are widely considered reliable medical tools, however, there have been concerns related to the use of the equipment for thyroid surgeries. As per an official 2009 report, the device generated a considerable amount of heat after consecutive thyroidectomy surgeries causing thermal injury to the nearing skin tissues. Such incidents may lead to the global market growth trend witnessing restricted growth.

Opportunities

• Growing research & development to provide expansion opportunities

The global ultrasonic scalpels market cap may benefit from the increasing research & development activities surrounding ultrasonic scalpels. Since the device has multiple applications and is extremely effective in minimally-invasive operations, market players are working toward solving the minor concerns related to the use of the device. This is further propelled by the medical practitioners preferring ultrasonic scalpels over other measures of cutting through body tissues, making the device a preferred choice.

Challenges

• Poor medical infrastructure in under-developed economies to challenge the market expansion

A major concern for global market players is reaching the untouched medical community in underdeveloped nations that lacks proper medical infrastructure. In such cases, where patients or medical personnel do not have access to ultrasonic scalpels, one device is used multiple times, which is safe but not recommended for longer use. This could potentially become a challenge for the manufacturers of ultrasonic scalpels to tackle in the coming years.

Segmentation Analysis

The global ultrasonic scalpels market is segmented based on application, type, and region

Based on application, the global market segments are clinics, hospitals, and home care. The global market is led by the hospitals segment owing to the availability of a wide range of medical equipment in hospitals that are well-funded and witness a high influx of patients. Since the average number of operations carried out in hospitals is significantly more than in clinics, the demand for the device from the segment is higher. As per a report published by Ask Wonder, there are around 224,720 operation rooms in the United States.

Based on type, the global market is divided into handheld devices and generator, with the former leading the segmental revenue owing to the ease of use and increasing number of product innovations. The device vibrates in the range of 55,500 Hertz and uses vibrations to cut through the aimed tissue of the section of the body.

Recent Developments:

• In December 2021, Bioventus Inc., a US-based innovator of active healing, announced that the company’s product neXus® BoneScalpel® Access™ handpiece had received US Food & Drug Administration (FDA) 510 (K) clearance. The device functions with the help of neXus Ultrasonic Surgical Aspirator System, an advanced ultrasonic surgical platform driven by digital algorithms providing versatility, control, and power.
• In July 2022, Bioventus announced that the company had completed the acquisition process of CartiHeal. The move is expected to help Bioventus strengthen its global footprint and provide its services to a larger group of consumer joint reconstruction and sport medicine sections.

Report Scope

Regional Analysis

• North America to lead with the highest CAGR during the forecast period

The global ultrasonic scalpels market is projected to register the highest growth in North America driven by the increasing number of patients requiring surgeries, which is further propelled by the world-class medical infrastructure of the US and Canada. Both countries have excellent medical reimbursement policies in place that encourage patients to undergo therapy or surgeries wherever required since proper medical care is easily accessible. The European market may generate revenue due to the growing number of the elderly population requiring frequent minimally invasive surgeries. In 2021, more than one-fifth of the European population was aged over 65 years which accounted for 20.79% of the entire regional population. It is projected to reach around 33.5% by 2050. Germany may lead the regional market owing to constant technological advancement in the medical devices field. Asia-Pacific may witness high growth due to the rising medical tourism as well as increasing investments in the healthcare segment of countries like India, China, Japan, and others. As per official data, Australia, Hongkong, and Singapore have been constantly ranked in the link of countries with top healthcare facilities over the years.

Competitive Analysis

• Medtronic 
• Johnson & Johnson 
• BOWA-electronic GmbH & Co. KG 
• Soring GmbH 
• Olympus Corporation 
• InnoSound 
• Technologies Inc. 
• Reach surgical. 

The global ultrasonic scalpels market is as follows:

By Application

• Clinics
• Hospitals
• Home care

By Type

• Handheld Devices
• Generator

By Regional Segment Analysis

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America