Global Ultrasonic Electrosurgical Market Overview
As per MRFR analysis, the Ultrasonic Electrosurgical Market Size was estimated at 4.68 (USD Billion) in 2022.
The Ultrasonic Electrosurgical Market Industry is expected to grow from 5.09(USD Billion) in 2023 to 10.73 (USD Billion) by 2032. The Ultrasonic Electrosurgical Market CAGR (growth rate) is expected to be around 8.65% during the forecast period (2024 - 2032).
Key Ultrasonic Electrosurgical Market Trends Highlighted
The ultrasonic electrosurgical devices global market is anticipated to gain substantial expansion in the following years, owing to multiple factors. One of the factors is the rising number of minimally invasive surgeries, as these surgeries are advantageous as opposed to traditional open surgeries. Ultrasonic electrosurgical devices are routinely employed in such approaches, especially in small and sensitive operative fields where efficient tissue cutting and hemostasis are essential.
The expanding geriatric population base also drives the ultrasonic electrosurgical devices global market. As the old population enhances, the number of surgical procedures performed is expected to rise thus increasing the need for ultrasonic electrosurgical devices. These devices have the advantages of less tissue damage, shorter recovery time, and better surgical results, which make them popular with surgeons.
Contributions towards ultrasonic electrosurgical devices global market growth. The improvement of energy delivery systems, the development of better visualization devices, and ergonomically designed devices have increased the efficiency and accuracy of these tools, making them more popular in surgical settings.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Ultrasonic Electrosurgical Market Drivers
Technological Advancements in Minimally Invasive Surgery
Introduction The increasing usage of minimally invasive surgical technology has emerged as a major factor in contributing to the expansion of the Ultrasonic Electrosurgical Market Industry. Ultrasonic electrosurgery has many benefits as compared to the traditional method of surgery, in which there is more trauma to the tissues, more bleeding and slow healing methods. But with the increasing demand and the emerging technology, more precise and more effective devices are being developed.As a result of these advancements, surgeons can perform complicated surgeries with high accuracy, and patients can get the benefit of it with a secure and quick recovery.
Rising Prevalence of Chronic Diseases
Another important driver of the Ultrasonic Electrosurgical Market industry is the increasing prevalence of chronic diseases, such as cancer and cardiovascular diseases. Ultrasonic electrosurgery can be effectively used for treating these diseases since it can remove tissues very precisely and effectively, causing no risks to surrounding healthy tissues. Furthermore, such devices will be in demand in the future as the number of patients with chronic diseases is steadily increasing.
Growing Adoption in Developing Countries
More and more developing nations are making use of ultrasonic electrosurgery. It affects the growth of the Ultrasonic Electrosurgical Market Industry. Improved healthcare infrastructure and a focus on minimally invasive surgical procedures in these countries are fueling interest in ultrasonic electrosurgical devices across the region. The presence of various growth factors, such as developing per capita income, an increase in healthcare expenditures, and a growing number of trained surgeons, has sparked this growth.
Ultrasonic Electrosurgical Market Segment Insights
Ultrasonic Electrosurgical Market Surgical Specialty Insights
The surgical specialty segment is one of the key segments of the Ultrasonic Electrosurgical Market. In 2023, the General Surgery segment dominated with a share of approximately 35.4% and a market value of around USD 1.3 billion. This is mainly attributed to the fact that ultrasonic electrosurgical devices are increasingly used in open and laparoscopic surgeries. General surgeons use these devices, enabling them to dissect tissue accurately, stop bleeding, and perform ablation, among other procedures, resulting in better surgical outcomes.In the same year, the urology segment accounted for roughly 22.1% of the market share, with an estimated market value of USD 809.9 million. Surgeons in urology use ultrasonic devices to perform minimally invasive procedures such as transurethral resection of the prostate and nephrectomy. The main benefit of using ultrasonic electrosurgical devices in urology is that there is limited bleeding, better visualization, and preservation of adjacent organs. The gynecology segment is another growing segment, with approximately 19.3% share in the same year and an estimated market value of USD 708.8 million.Ultrasonic electrosurgical devices are increasingly used in carrying out gynecology procedures like hysterectomy, myomectomy, and endometrial ablation, among others. One of the main advantages is that tissue damage and hematomas are limited, with the immediate surrounding organs being preserved. The Otolaryngology segment held 12.8% of the market share in 2023, resulting in a market value of around USD 468.6 million. In addition to being popular, the segment is growing because ultrasonic devices are used in various otolaryngological procedures like tonsillectomy, adenoidectomy, and sinus surgery.Surgeons in this specialty benefit from the reduced blood loss, tissue trauma, and enhanced visualization that the devices offer. Lastly, the Plastic Surgery segment accounted for 10.4% of the market share with an estimated value of USD 381.2 million. This segment is also growing, thanks to the increased use of ultrasonic devices in various cosmetic surgeries like facelifts, breast augmentation, and liposuction, among others. The major benefit of the devices is that they sculpt tissue precisely while bleeding and scarring are minimized.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Ultrasonic Electrosurgical Market Application Insights
The Ultrasonic Electrosurgical Market Segmentation by Application comprises Tissue Coagulation, Tissue Cutting, Vessel Sealing, Debridement, and Aspirations. Among these, Tissue Coagulation dominates the market, accounting for around 35% of the Ultrasonic Electrosurgical Market revenue in 2023. The growth of this segment can be attributed to the increasing adoption of ultrasonic energy devices for precise and effective tissue coagulation during surgical procedures. Additionally, the rising prevalence of chronic diseases and the growing number of surgical interventions are expected to drive the demand for Tissue Coagulation applications in the coming years.
Ultrasonic Electrosurgical Market Energy Source Insights
The Ultrasonic Electrosurgical Market is segmented by energy source into ultrasonic, electrosurgical, and radiofrequency. The ultrasonic segment is expected to account for the largest market share in 2023, with a market value of 2.54 USD Billion. This is due to the increasing adoption of minimally invasive surgical procedures and the growing demand for advanced energy devices. The electrosurgical segment is expected to register a CAGR of 8.2% during the forecast period, owing to the rising prevalence of chronic diseases and the increasing number of surgical procedures.The radiofrequency segment is expected to witness a steady growth rate of 7.9%, driven by the growing adoption of robotic surgery and the increasing focus on patient safety.
Ultrasonic Electrosurgical Market Handpiece Type Insights
The Ultrasonic Electrosurgical Market is segmented based on Handpiece Type into Laparoscopic, Open Surgery, and Endoscopic. Among these segments, the Laparoscopic segment is expected to hold the largest market share during the forecast period. The growth of the Laparoscopic segment can be attributed to the increasing adoption of minimally invasive surgeries, which offer several advantages over traditional open surgeries, such as reduced pain, scarring, and recovery time. The growth of the Handpiece Type segment is primarily driven by the increasing adoption of ultrasonic electrosurgical devices in various surgical procedures, such as laparoscopic, open, and endoscopic surgeries.These devices offer several advantages over traditional electrosurgical devices, such as improved precision, reduced tissue damage, and faster healing time.
Ultrasonic Electrosurgical Market Regional Insights
The Ultrasonic Electrosurgical Market segmentation by region is crucial to understanding the market dynamics. Regionally, the market is segmented into North America, Europe, APAC, South America, and MEA. North America is anticipated to account for a significant share of the revenue in the Ultrasonic Electrosurgical Market by 2024, owing to the high adoption of technologically advanced healthcare solutions and the presence of established market players. Europe is anticipated to hold a substantial share of the market due to favorable reimbursement policies and increasing healthcare expenditure.APAC is projected to exhibit considerable growth over the forecast period, attributed to rising healthcare awareness and government initiatives to improve healthcare infrastructure. South America and MEA are expected to have a moderate but steady growth rate due to increasing healthcare investments and improving economic conditions.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Ultrasonic Electrosurgical Market Key Players And Competitive Insights
Leading players in the Ultrasonic Electrosurgical Market industry are characterized by substantial investments in research and development, as well as strategic partnerships and acquisitions, which are aimed at ensuring a competitive edge. Thus, prominent Ultrasonic Electrosurgical Market players seek to develop innovative products with enhanced features and performance that would meet the new requirements of medical staff. Key players also employ various strategies to ensure their dominance in the market and expand their market share, such as portfolio expansions, market entries, and distribution channel development. The rise of ultrasonic electrosurgical devices will be fueled by the escalating rate of minimally invasive surgeries, the high precision and security of ultrasonic devices, and technological improvements in ultrasound. Stryker and Ethicon are among the key players that exert their dominance in the Ultrasonic Electrosurgical Market.
Stryker is one of the key Ultrasonic Electrosurgical Market players, which is famous for its broad portfolio and well-established global presence. The company's ultrasonic electrosurgical devices are used in diverse surgical spheres, such as general, laparoscopic, and urological surgery. Stryker gained such a dominant position due to its strong focus on research and development, which allowed the company to develop several breakthrough technologies, such as advanced bipolar technology and the Sonotron ultrasonic platform.
Stryker’s success is also accounted for by its strong distribution chain and partnerships with medical institutions. Ethicon, which is a subsidiary of Johnson Johnson, can be viewed as one more key player in the Ultrasonic Electrosurgical Market. The company's products include numerous ultrasonic devices, such as the Harmonic Focus and Harmonic ACE systems. These devices are popular due to their precision, safety, and efficiency, which explains their popularity among surgeons. Ethicon, which boasts a strong global presence and a reputable brand, is also involved in extensive research to expand its market share and enhance its product lineup.
Key Companies in the Ultrasonic Electrosurgical Market Include
- Cynosure
- Jude Medical
- Sysmex
- Covidien
- Medtronic
- Braun
- Hologic
- Aesculap
- Smith Nephew
- Olympus
- Lumenis
- Zimmer Biomet
- Ethicon
- Erbe Elektromedizin
- Johnson Johnson
Ultrasonic Electrosurgical Market Industry Developments
The Ultrasonic Electrosurgical Market is projected to reach USD 10.73 billion by 2032, exhibiting a CAGR of 8.65% from 2024 to 2032. The rising prevalence of chronic diseases, an increasing number of surgical procedures, and technological advancements in ultrasonic electrosurgery are driving market growth. Key industry developments include the launch of innovative products such as the SonoStar Ultrasonic Scalpel System by Olympus Corporation and the Harmonic Ace+ 7 Shears by Ethicon Endo-Surgery, Inc. Additionally, strategic collaborations and acquisitions, such as the partnership between Medtronic and Alcon to develop and commercialize ophthalmic surgical devices, are shaping the competitive landscape.
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Ultrasonic Electrosurgical Market Segmentation Insights
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Ultrasonic Electrosurgical Market Surgical Specialty Outlook
- General Surgery
- Urology
- Gynecology
- Otolaryngology
- Plastic Surgery
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Ultrasonic Electrosurgical Market Application Outlook
- Tissue Coagulation
- Tissue Cutting
- Vessel Sealing
- Debridement
- Aspirations
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Ultrasonic Electrosurgical Market Energy Source Outlook
- Ultrasonic
- Electrosurgical
- Radiofrequency
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Ultrasonic Electrosurgical Market Handpiece Type Outlook
- Laparoscopic
- Open Surgery
- Endoscopic
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Ultrasonic Electrosurgical Market Regional Outlook
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North America
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Europe
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South America
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Asia-Pacific
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Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
4.68(USD Billion) |
| Market Size 2023 |
5.09(USD Billion) |
| Market Size 2032 |
10.73(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
8.65% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2022 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Cynosure, St. Jude Medical, Sysmex, Covidien, Medtronic, B. Braun, Hologic, Aesculap, Smith Nephew, Olympus, Lumenis, Zimmer Biomet, Ethicon, Erbe Elektromedizin, Johnson Johnson |
| Segments Covered |
Surgical Specialty, Application, Energy Source, Handpiece Type, Regional |
| Key Market Opportunities |
Growth in minimally invasive surgeries Rising demand for advanced surgical technologies Expanding applications in various surgical procedures Technological advancements Increasing prevalence of chronic diseases |
| Key Market Dynamics |
Increasing adoption of minimally invasive surgeries Technological advancements Rising prevalence of chronic diseases Growing demand for precision and safety in surgical procedures Expanding applications in various surgical specialties |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The market is anticipated to expand at a CAGR of 8.65% during the 2024-2032 period.
North America is expected to dominate the market throughout the forecast period, owing to the presence of advanced healthcare infrastructure and high adoption rates of technologically advanced medical devices.
Ultrasonic Electrosurgical devices are primarily used in surgical procedures such as laparoscopic surgery, open surgery, and endoscopic surgery.
Key players in the market include Medtronic, Johnson Johnson, Olympus Corporation, Ethicon Endo-Surgery, and Erbe Elektromedizin GmbH.
The rising prevalence of chronic diseases, increasing demand for minimally invasive surgical procedures, and technological advancements are the primary growth drivers.
The market is projected to reach a valuation of 10.73 billion USD by 2032.
Stringent regulatory requirements, the high cost of devices, and the lack of reimbursement coverage in certain regions pose challenges to market growth.
Integration of artificial intelligence, development of disposable devices, and advancements in energy delivery systems are emerging trends.
The pandemic led to supply chain disruptions and elective procedure postponements, initially impacting market growth. However, the market is expected to rebound post-pandemic due to increased demand for surgical procedures.
