Ultrasound Surgical Devices Market Viewing Huge Opportunities with Key Insights on SWOT, Regional Market Dynamics 2029
Posted by aartimurkute on September 26th, 2022
With the rise in geriatric population, the possibilities of surgeries have also surged at a record pace. Ultrasound surgical devices offer high resolution and clear images that establish precision on scalpel operation to carry out most intricate incisions. Cutting-edge technological advancements and minimally invasive surgeries facilitate hassle-free surgeries emphasising lesser stitches and minimal blood loss. This has significantly reduced the postoperative recovery period and probability of infections and complications. Against this backdrop, minimally invasive surgeries have gained notable traction in terms of preference and better outcomes. Such a landscape has nurtured a fertile ground for the global ultrasound surgical devices market to flourish in the upcoming years.
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Greater Precision, and Ease of Conducting Surgeries to Broaden Growth Outlooks of Ultrasound Surgical Devices Market
Ultrasound surgical devices are extensively used in uterine treatment, specifically, these devices play a critical role in ultrasound ablation for uterine fibroids. Moreover, these devices have made the treatment of sports injuries easier, more precise, and accurate. Besides, many surgeons benefit from these devices as they facilitate free movement during surgeries in operation theatres. These factors are cumulatively influencing the demand for ultrasound surgical devices on the global front. This, in turn, is generating healthy competition in the global ultrasound surgical devices market. To this end, various market players are ramping up their research and development activities to come up with new products. In coming years, these players are likely to engage in open innovation and product differentiation to sustain an edge over the global ultrasound surgical devices market.
High Intensity Focused Ultrasound (HIFU) to Aid Market Expansion
Ultrasound penetrates into deeper tissue and puts forth enhanced images of targeted tissues due to its small wavelengths. This facilitates accurate vision and dimensions of the fibroid or tumour. Initially, ultrasound was used to treat the ablation of tissue with the help of high-intensity ultrasound waves. With consistent technological advancements to enhance performance and efficiency, High Intensity Focused Ultrasound (HIFU) was introduced. During the dissection process of the tumour, HIFU provides higher resolution images and delivers high energy to the affected tissue or tumour. It involves tissue dissection with the help of coagulative thermal energy without affecting the normal vasculature. Facial skin tightening, melanoma, and renal and prostate cancer are a few typical applications of HIFU therapy. Growing demand for HIFU treatment is set to spur exponential growth across the global ultrasound surgical devices market.
North America to Reign Supreme in Ultrasound Surgical Devices Market with Accelerating Demand for Minimally Invasive Surgeries
In North America, the growing geriatric population and incidence of cancer have significantly presented the need for ultrasound surgical procedures. Less risk and no postoperative blood loss have fuelled the demand for ultrasound surgical procedures to treat uterine fibroids and tumours. Likewise, people in this region have showcased a greater inclination toward minimally invasive surgeries, making North America a global leader in the ultrasound surgical devices market. In addition, the citizens are also benefiting from favourable reimbursements for these procedures.
Prominent Market Players
Some of the most competitive market players in the global ultrasound surgical devices market include Siemens Healthineers, GE Healthcare, Johnson & Johnson, Mindray Medical International, Accuscience Ireland Ltd BK Medical Holding Company Inc., Koninklijke Philips N.V, Fujifilm Holdings Company, Medtronic, Hitachi Ltd, Bioventus Inc., Olympus, Misonix, Applied Medical, Storz Medical, SoRing GmBH, Hologic, Inc., and Terason
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Joined: January 21st, 2021
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