Ultrasonic Aspirator - Market Insights, Competitive Landscape, and Market Forecast - 2030

Ultrasonic Aspirator - Market Insights, Competitive Landscape, and Market Forecast - 2030

Ultrasonic Aspirator Market By Product Type (Instruments, Accessories), Application (Neurology, Gynecology, Orthopedic, Others), End-User (Hospitals And Clinics, Ambulatory Surgical Centers, Others), And Geography (North America, Europe, Asia-Pacific, And Rest Of The World) is expected to grow at a steady CAGR forecast till 2030 owing to rising incidence of chronic diseases such as cancers, increasing number of gynecological disorders such as fibroids, among others

The global ultrasonic aspirator market is estimated to grow at a CAGR of 5.89% during the forecast period from 2024 to 2030. The demand for ultrasonic aspirators is primarily being boosted by the rising incidence of chronic diseases such as cancer, increasing cases of gynecological disorders such as fibroids, the rising geriatric population globally, among others that are expected to drive the growth of the ultrasonic aspirator market during the forecast period from 2024 to 2030.

Ultrasonic Aspirator Market Dynamics:

According to latest data provided by the World Health Organization (WHO) in February 2024, the International Agency for Research on Cancer (IARC) stated that cancer cases disproportionately affected underprivileged communities, with 20 million new cancer cases reported in 2022 globally. The same source further stated that brain and central nervous system cancer in Asia registered 55.1% and 21% in Europe of all cancer cases in the year 2022. Ultrasonic aspirators are helpful in treating cancers involving the brain and central nervous system (CNS) owing to their accuracy and capacity to target and remove abnormal tissues with precision. They are needed in neurosurgery while removing brain tumors, where accuracy is essential to prevent harm to vital brain structure and function. Ultrasonic aspirators also aid in the minimally traumatic removal of spinal tumors and decompression of nerves during spine procedures.

As per the latest statistics given by the U.S. Department of Health & Human Services in February 2021, by the time women reach at the age of 50, between 20 to 80 percent of women are expected to have fibroids. Ultrasonic aspirator devices utilize high-frequency ultrasonic vibrations to emulsify the fibrous tissue of the fibroids, which are then aspirated out of the body. This minimally invasive technique offers significant advantages over traditional surgical methods.

However, complications associated with the use of ultrasonic aspirators and availability of alternative methods such as laser based aspirators, among others are some of the key factors that will limit its end-user base, thus restraining the overall market for ultrasonic aspirator devices during the forecast period.

Ultrasonic Aspirator Market Segment Analysis:

Ultrasonic Aspirator Market by Product Type (Instruments, Accessories), Application (Neurology, Gynecology, Orthopedic, Others), End-User (Hospitals and Clinics, Ambulatory Surgical Centers, Others), and Geography (North America, Europe, Asia-Pacific, and Rest of the World)

In the product type segment of the ultrasonic aspirator market, the accessories category in were estimated to have a significant revenue share in the ultrasonic aspirator market in 2023. This can be attributed to the various advantages and applications of accessories for ultrasonic aspirators. Accessories include various parts such as handpieces, interchangeable tips, control units, suction systems, and others.

Ultrasonic aspirators are equipped with an array of features and accessories that augment their performance, rendering them indispensable tools in contemporary surgical procedures. Accessories for these devices are usually equiped with precision handpieces, control units, and a selection of interchangeable tips tailored for distinct surgical tasks. The precision handpieces empower surgeons to meticulously target and eliminate undesirable tissues, thereby mitigating the likelihood of harm to neighboring healthy structures. Control units offer customizable settings for power and frequency, facilitating personalized performance adjustments according to tissue characteristics and surgical demands. Furthermore, adjuncts like irrigation and suction systems play a vital role in sustaining a clear surgical field by continuously evacuating debris and fluids.

The applications of accessories extend across various medical specialties. In neurosurgery, they are crucial for safely removing brain tumors and other intracranial abnormalities. Otolaryngology (ENT) surgeries benefit from their use in removing tumors in the head and neck region. In orthopedic surgery, these help in the removal of soft tissue sarcomas and the cleaning of arthritic joints, thereby enhancing mobility and reducing pain. They are also employed in gynecological procedures to remove fibroids and in general oncology for the resection of various tumors.

Moreover, advanced features like adjustable power settings and specialized tips enhance their surgical versatility and effectiveness. The ability to perform complex surgeries with greater precision and safety makes accessories of ultrasonic aspirators an essential tool in modern medicine, and their adoption is expected to increase as healthcare providers aim to improve surgical outcomes for patient care.

Thus, the advanced features, diverse applications, and substantial benefits of ultrasonic aspirators accessories contribute to their increasing demand in minimally invasive surgical procedures, which is thus expected to drive market growth for ultrasonic aspirators in the upcoming years.

North America Is Expected To Dominate The Overall Ultrasonic Aspirator Market:

North America is expected to account for the highest proportion of the Ultrasonic Aspirator Market in 2023, out of all regions. The demand for ultrasonic aspirators is primarily being boosted by the rising incidence of chronic diseases such as cancer, increasing cases of gynecological disorders such as fibroids, along with the rising geriatric population. Moreover, the rising demand for minimally invasive procedures and the presence of developed and sophisticated healthcare infrastructure in the region are some of the key factors driving the growth of the ultrasonic aspirator market in North America.

According to latest data by the National Cancer Institute in February 2024, the number of American cancer survivors is projected to be 18.1 million by 2032, which amounts to 5.4% of the total population in the US. Moreover, according to the American Cancer Society in January 2024, an estimated 100,640 new cases of melanomas are expected to be detected in the US in 2024.

According to the Global Cancer Observatory (2022), the number of new cancer cases reached 207,154 and prevalent cases were 577,487 in the year 2022 in Mexico. According to the American Cancer Society 2023, around 19,710 new cases of ovarian cancer were diagnosed in 2023 in the US. According to data by the Journal of Obstetrics and Gynecology Canada (2020), in a survey conducted from 2018-2019, the estimated prevalence of endometriosis was found to be 7%, out of which 84.1% of the women were aged between 18-29. Ultrasonic aspirator devices are utilized in the treatment of cancers, particularly in the surgical removal of tumors. As cancer incidence rises globally, the demand for advanced, efficient surgical tools like ultrasonic aspirators is expected to grow, driven by the need for improved patient outcomes using technologically advanced surgical techniques.

The Canadian Cancer Society (2024) stated that there will be an estimated 247,100 new cases of cancer by the end of 2024 in Canada. Additionally, the Canadian Cancer Society (2023) estimated that 655 Canadians were expected to receive cancer diagnosis every day on average in the upcoming years. Also, the Canadian Association of Radiologists recommended the Canadian Government to act on various issues, such as a federal investment of USD 1.5 billion over five years in medical imaging equipment and health human resources, in order to support the increased capacity. The Association further recommended the creation of a National Data Science Institute to harness AI for the strategic prioritization of health human resources, technology, and infrastructure for medical imaging.

This highlights the importance of early medical diagnosis in the form of ultrasonic aspirators for the timely treatment of endometriosis and other gynaeco-obstetric diseases. Ultrasonic aspirators are used in gynecological disorders to precisely remove soft tissue, such as fibroids or endometriosis, by emulsifying the targeted tissue with ultrasonic vibrations and aspirating it away, minimizing damage to surrounding structures. This technique reduces blood loss and preserves healthy tissue, thereby improving surgical outcomes.

Thus, the rising incidence of cancers and increasing cases of gynecology disorders are key factors driving the growth of the ultrasonic aspirator market in North America, that will eventually drive the overall market in North America during the forecast period.

Ultrasonic Aspirator Market Key Players:

Some of the key market players operating in the Ultrasonic Aspirator market include

Integra Life Sciences Corporation., Stryker, Olympus, Söring GmbH., Bioventus Inc., Medtronic, B. Braun SE, Nakanishi Inc., Medical Device Business Services, Inc., InnoSound Technologies, Inc., and others.

Recent Developmental Activities In The Ultrasonic Aspirator Market:

In August 2022, Bioventus Inc. received the US Food and Drug Administration (FDA) 510(k) clearance for the neXus® SonaStar Elite® handpiece. The neXus ultrasonic surgical aspirator system, a contemporary integrated ultrasonic surgical system powered by a proprietary digital algorithm that offered more control and versatility, powers the SonaStar Elite (SSE) handpiece.

In December 2021, Bioventus Inc. received the US Food and Drug Administration (FDA) 510(k) clearance for the neXus® BoneScalpel® Access™ handpiece. An integrated ultrasonic surgical platform with higher power, versatility.

In October 2021, Bioventus Inc. acquired Misonix Inc., a provider of minimally invasive therapeutic ultrasonic medical devices and regenerating tissue products.

Key Takeaways From The Ultrasonic Aspirator Market Report Study

Market size analysis for current ultrasonic aspirator market size (2023), and market forecast for 6 years (2024 to 2030)

Top key product/technology developments, mergers, acquisitions, partnerships, and joint ventures happened over the last 3 years

Key companies dominating the global ultrasonic aspirator market.

Various opportunities were available for the other competitors in the ultrasonic aspirator market space.

What are the top-performing segments in 2023? How these segments will perform in 2030?

Which are the top-performing regions and countries in the current ultrasonic aspirator market scenario?

Which are the regions and countries where companies should have concentrated on opportunities for ultrasonic aspirator market growth in the coming future?

Target Audience Who Can Be Benefited From This Ultrasonic Aspirator Market Report Study

Ultrasonic aspirator product providers

Research organizations and consulting companies

Ultrasonic aspirator-related organizations, associations, forums, and other alliances

Government and corporate offices

Start-up companies, venture capitalists, and private equity firms

Distributors and traders dealing in ultrasonic aspirator

Various end-users who want to know more about the ultrasonic aspirator market and the latest technological developments in the ultrasonic aspirator market

Frequently Asked Questions For The Ultrasonic Aspirator Market:

1. What are Ultrasonic Aspirator?

Ultrasonic aspirators are surgical tools used to emulsify and remove soft tissues, especially in delicate locations such as the brain, liver and spinal cord. Aspiration (suction) and irrigation are used with high-frequency ultrasonic vibrations to remove targeted tissue precisely and effectively.

2. What is the market for Ultrasonic Aspirator?

The global ultrasonic aspirator market is estimated to grow at a CAGR of 5.89% during the forecast period from 2024 to 2030.

3. What are the drivers for the global Ultrasonic Aspirator Market?

The demand for ultrasonic aspirators is primarily being boosted by the rising incidence of chronic diseases such as cancer, increasing cases of gynecological disorders such as fibroids, the rising geriatric population globally, among others that are expected to drive the growth of the ultrasonic aspirator market during the forecast period from 2024 to 2030.

4. Who are the key players operating in the global Ultrasonic Aspirator Market?

Some of the key market players operating in the Ultrasonic Aspirators market include Integra Life Sciences Corporation., Stryker, Olympus, Söring GmbH., Bioventus Inc., Medtronic, B. Braun SE, Nakanishi Inc., Medical Device Business Services, Inc., InnoSound Technologies, Inc., and others.

5. Which region has the highest share in the global Ultrasonic Aspirator Market?

The demand for ultrasonic aspirators is primarily being boosted by the rising incidence of chronic diseases such as cancer, increasing cases of gynecological disorders such as fibroids, along with the rising geriatric population. Moreover, the rising demand for minimally invasive procedures and the presence of developed and sophisticated healthcare infrastructure in the region are some of the key factors driving the growth of the ultrasonic aspirator market in North America. America is expected to dominate the overall Ultrasonic Aspirator Market during the forecast period from 2024 to 2030.