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Tuesday, September 12, 2023

Ultrasonic Scalpel Market is anticipated to grow at a CAGR of 6.1% during 2023-2028

The global ultrasonic scalpel market is projected to reach $3.9 billion by 2028, at a CAGR of 6.1% during 2023-2028. The growth of ultrasonic scalpel market is driven by increasing demand for advanced surgical techniques to treat challenging ailments, increasing prevalence of chronic and lifestyle diseases, along with growing preference for treatments with minimally invasive procedures.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the ultrasonic scalpel market by product type (silicone liner, thermoplastic elastomers, and polyurethane liner), application (arm disabled people and leg disabled people), end use (hospitals, ambulatory surgery centres, specialty clinics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the ultrasonic scalpel market?

Q.4 What are some changing demands of customers in the ultrasonic scalpel market?

Q.5 What are the new developments in the ultrasonic scalpel market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this ultrasonic scalpel area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this ultrasonic scalpel market?

Market Segmentation:

Based on product type, the ultrasonic scalpel market is segmented into silicone liner, thermoplastic elastomers, and polyurethane liner. The silicone liner segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the considerable use of this equipment in medical facilities as it provides soft contact for scope protection and improved grip strength for a variety of scope configurations.

North America will remain the largest region due to the encouraging government spending in the healthcare industry to improve the public's access to essential medical amenities, easy availability of advanced medical devices, and presence of key players in the region.

Key Players in the ultrasonic scalpel market are Stryker, Lake Region Medical, Axon Medical Solutions, Jinan Bakr Ultrasonic Technology, BOWA MEDICAL, EndoAfrique, and Ethicon.

The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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