The global ultrasonic electrosurgical devices market size is expected to be worth around US$ 10.4 billion by 2030, according to a new report by Vision Research Reports.
The global ultrasonic electrosurgical devices market size was valued at US$ 5.60 billion in 2020 and is anticipated to grow at a CAGR of 6.4% during forecast period 2021 to 2030.
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Table of Contents
Ultrasonic Electrosurgical Devices Market Growth Factors
The rising volume of surgical procedures owing to the growing prevalence of chronic diseases, rising adoption of minimally invasive surgeries, and developments in minimally invasive surgical techniques, including laparoscopy, have resulted in the development of ultrasonic electrosurgical devices by major market players. This is expected to contribute to the market growth. The presence of a large number of players and the growing number of strategic initiatives by the players to enhance their product portfolios are expected to boost the market growth.
The rising prevalence of various types of cancer such as breast cancer, colon cancer, prostate cancer, and lung cancer is anticipated to boost the demand for ultrasonic electrosurgical devices for the treatment and surgery of various tumors in the body.
Ultrasonic Electrosurgical Devices Market Report Coverage
Report Scope | Details |
Market Size | US$ 10.4 Bn by 2030 |
Growth Rate | CAGR of 6.4% From 2021 to 2030 |
Base Year | 2021 |
Forecast Period | 2021 to 2030 |
Segments Covered | Product, type, application, end use |
Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Companies Mentioned | Ethicon – Endo-Surgery; Olympus Corporation; Medtronic; Misonix Inc.; BOWA-electronic GmbH; Söring GmbH; Advanced Instrumentations; Reach Surgical; ITALIA MEDICA SRL; SonaCare Medical; Miconvey |
By Product Analysis
The ultrasonic electrosurgical consumables segment accounted for the largest revenue share of over 55.0% in 2020. The ultrasonic electrosurgical consumables segment is further divided into electrosurgical hand-pieces, electrosurgical electrodes, electrosurgical scalpels, electrosurgical forceps, and electrosurgical pencils.
The ultrasonic electrosurgical generators segment is anticipated to grow at a lucrative rate during the forecast period. The generators pass an electric current through the patient’s body to conduct the surgery. Generators have different power levels and quality control measures to adjust pre-surgery, which takes care of patient safety during the surgery.
By Application Analysis
Cardiology held the largest share of over 25.0% in 2020 owing to the rising cases of cardiac disorders. As per the CDC, coronary heart disease is among the most common type of heart disease and around 365,914 people died in 2017 due to this. In addition, as per the WHO, about 17.9 million people die of cardiovascular disorders each year.
The gynecology segment is expected to witness significant growth during the forecast period. Gynecology is a broader branch of medicine including all-female reproductive organ disorders.
By End-use Analysis
The hospitals segment captured the largest share of over 45.0%in 2020. The growth is attributed to a large number of cases and preventive surgical procedures being carried out in these settings.
Ambulatory surgical centers (ASCs) are projected to witness significant growth over the forecast period. This can be attributed to the lower out-of-pocket costs, better patient accessibility, and decreased facility costs.
By Type Analysis
The high-intensity focused ultrasonic (HIFU) ablators held the largest share of over 35.0% in 2020. The growth of the segment is attributed to various factors including lowered toxicity as compared with the other techniques of ablation, minimal pain due to non-invasiveness, and low cost of procedure than surgery.
The ultrasonic surgical ablation systems are expected to witness significant growth during the forecast period owing to the incidence of cardiovascular disorders, the growing demand for minimally invasive cardiac surgeries for its treatment.
By Regional Analysis
North America accounted for the largest revenue share of over 35.0% in 2020. This growth can be mainly attributed to the increasing number of preventive surgeries, the growing burden of chronic disorders, such as cancer, diabetes.
Asia Pacific is expected to register the fastest growth rate during the forecast period. This growth can be attributed to various factors such as the high adoption of advanced technologies, the rising prevalence of chronic disorders, the increasing reimbursement scenario, the presence of a large geriatric population, the growing demand for minimally invasive procedures over traditional methods, and the increased need for laparoscopic surgery.
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Major Key Players Covered in The Ultrasonic Electrosurgical Devices Market Report include
- Ethicon – Endo-Surgery
- Olympus Corporation
- Medtronic
- Misonix Inc.
- BOWA-electronic GmbH
- Söring GmbH
- Advanced Instrumentations
- Reach Surgical
- ITALIA MEDICA SRL
- SonaCare Medical
- Miconvey
Ultrasonic Electrosurgical Devices Market Segmentation
- By Product
- Generators
- Consumables
- By Type
- High-intensity Focused Ultrasonic (HIFU) Ablators
- Magnetic Resonance-guided Focused Ultrasonic (MRGFUS) Ablators
- Ultrasonic Surgical Ablation Systems
- Shock Wave Therapy Systems
- By Application
- Cardiology
- Gynecology
- General Surgery
- Urology
- Bariatric Surgery
- Others
- By End-use
- Hospitals
- Ambulatory Surgical Centers
- Others
- Regional
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- North America
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Ultrasonic Electrosurgical Devices Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Application Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Ultrasonic Electrosurgical Devices Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Ultrasonic Electrosurgical Devices Market, By Product
7.1. Ultrasonic Electrosurgical Devices Market, by Product, 2021-2030
7.1.1. Generators
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Consumables
7.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Ultrasonic Electrosurgical Devices Market, By Type
8.1. Ultrasonic Electrosurgical Devices Market, by Type, 2021-2030
8.1.1. High-intensity Focused Ultrasonic (HIFU) Ablators
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Magnetic Resonance-guided Focused Ultrasonic (MRGFUS) Ablators
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Ultrasonic Surgical Ablation Systems
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Shock Wave Therapy Systems
8.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Ultrasonic Electrosurgical Devices Market, By Application
9.1. Ultrasonic Electrosurgical Devices Market, by Application, 2021-2030
9.1.1. Cardiology
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Gynecology
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. General Surgery
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Urology
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.5. Bariatric Surgery
9.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Ultrasonic Electrosurgical Devices Market, By End-use
10.1. Ultrasonic Electrosurgical Devices Market, by End-use, 2021-2030
10.1.1. Hospitals
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Ambulatory Surgical Centers
10.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Ultrasonic Electrosurgical Devices Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Product (2017-2030)
11.1.2. Market Revenue and Forecast, by Type (2017-2030)
11.1.3. Market Revenue and Forecast, by Application (2017-2030)
11.1.4. Market Revenue and Forecast, by End-use (2017-2030)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.1.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.1.5.3. Market Revenue and Forecast, by Application (2017-2030)
11.1.5.4. Market Revenue and Forecast, by End-use (2017-2030)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.1.6.2. Market Revenue and Forecast, by Type (2017-2030)
11.1.6.3. Market Revenue and Forecast, by Application (2017-2030)
11.1.6.4. Market Revenue and Forecast, by End-use (2017-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.2. Market Revenue and Forecast, by Type (2017-2030)
11.2.3. Market Revenue and Forecast, by Application (2017-2030)
11.2.4. Market Revenue and Forecast, by End-use (2017-2030)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.2.5.3. Market Revenue and Forecast, by Application (2017-2030)
11.2.5.4. Market Revenue and Forecast, by End-use (2017-2030)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.6.2. Market Revenue and Forecast, by Type (2017-2030)
11.2.6.3. Market Revenue and Forecast, by Application (2017-2030)
11.2.6.4. Market Revenue and Forecast, by End-use (2017-2030)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.7.2. Market Revenue and Forecast, by Type (2017-2030)
11.2.7.3. Market Revenue and Forecast, by Application (2017-2030)
11.2.7.4. Market Revenue and Forecast, by End-use (2017-2030)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.8.2. Market Revenue and Forecast, by Type (2017-2030)
11.2.8.3. Market Revenue and Forecast, by Application (2017-2030)
11.2.8.4. Market Revenue and Forecast, by End-use (2017-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.2. Market Revenue and Forecast, by Type (2017-2030)
11.3.3. Market Revenue and Forecast, by Application (2017-2030)
11.3.4. Market Revenue and Forecast, by End-use (2017-2030)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.3.5.3. Market Revenue and Forecast, by Application (2017-2030)
11.3.5.4. Market Revenue and Forecast, by End-use (2017-2030)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.6.2. Market Revenue and Forecast, by Type (2017-2030)
11.3.6.3. Market Revenue and Forecast, by Application (2017-2030)
11.3.6.4. Market Revenue and Forecast, by End-use (2017-2030)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.7.2. Market Revenue and Forecast, by Type (2017-2030)
11.3.7.3. Market Revenue and Forecast, by Application (2017-2030)
11.3.7.4. Market Revenue and Forecast, by End-use (2017-2030)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.8.2. Market Revenue and Forecast, by Type (2017-2030)
11.3.8.3. Market Revenue and Forecast, by Application (2017-2030)
11.3.8.4. Market Revenue and Forecast, by End-use (2017-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.2. Market Revenue and Forecast, by Type (2017-2030)
11.4.3. Market Revenue and Forecast, by Application (2017-2030)
11.4.4. Market Revenue and Forecast, by End-use (2017-2030)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.4.5.3. Market Revenue and Forecast, by Application (2017-2030)
11.4.5.4. Market Revenue and Forecast, by End-use (2017-2030)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.6.2. Market Revenue and Forecast, by Type (2017-2030)
11.4.6.3. Market Revenue and Forecast, by Application (2017-2030)
11.4.6.4. Market Revenue and Forecast, by End-use (2017-2030)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.7.2. Market Revenue and Forecast, by Type (2017-2030)
11.4.7.3. Market Revenue and Forecast, by Application (2017-2030)
11.4.7.4. Market Revenue and Forecast, by End-use (2017-2030)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.8.2. Market Revenue and Forecast, by Type (2017-2030)
11.4.8.3. Market Revenue and Forecast, by Application (2017-2030)
11.4.8.4. Market Revenue and Forecast, by End-use (2017-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.5.3. Market Revenue and Forecast, by Application (2017-2030)
11.5.4. Market Revenue and Forecast, by End-use (2017-2030)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.5.5.2. Market Revenue and Forecast, by Type (2017-2030)
11.5.5.3. Market Revenue and Forecast, by Application (2017-2030)
11.5.5.4. Market Revenue and Forecast, by End-use (2017-2030)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.5.6.2. Market Revenue and Forecast, by Type (2017-2030)
11.5.6.3. Market Revenue and Forecast, by Application (2017-2030)
11.5.6.4. Market Revenue and Forecast, by End-use (2017-2030)
Chapter 12. Company Profiles
12.1. Ethicon – Endo-Surgery
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Olympus Corporation
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Medtronic
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Misonix Inc.
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. BOWA-electronic GmbH
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Söring GmbH
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Advanced Instrumentations
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Reach Surgical
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. ITALIA MEDICA SRL
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. SonaCare Medical
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
12.11. Miconvey
12.11.1. Company Overview
12.11.2. Product Offerings
12.11.3. Financial Performance
12.11.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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