The Global Ultrasonic Dissection Devices Market is poised to experience healthy growth during the forecast period with rising incidence of chronic diseases. Fortune Business Insights, through its report, titled “Market Size, Share and Global Trend By Product (Hand-held devices, Ultrasonic Generators, Accessories), By Application (General Surgery, Urology, Plastic surgery, Gynecology, Others), By End User (Hospitals, Specialty Clinics, Ambulatory Surgery Centers, Others), and Geography Forecast Till 2026”, offers valuable market information on the key factors that will impact and influence the market.
Ultrasonic dissection devices are used in treatments that require targeted procedures to be performed on tissues. The devices are used to deliver high-frequency mechanical vibration on the affected tissue, which disintegrates the structure of the proteins. The main advantage of these devices is that they cause minimal damage to the surrounding tissues. As a result, they are widely used in laparoscopic procedures and surgeries.
Rising Demand for Minimally Invasive Surgeries to Drive the Market
Conventional open surgeries are time-consuming and require longer healing periods. Ultrasonic dissection devices allow for less time-demanding procedures and enable fast recovery. This signals good news for the global ultrasonic dissection devices market as people today prefer quicker and less dangerous surgical methods. This is also expected to boost the hand-held devices market segment, since healthcare professionals and patients alike are increasingly seeking convenience of portability of medical devices. Furthermore, the technology has increasingly been integrated with robotics which has pushed up the demand for ultrasonic machines.
Increasing Incidence of Chronic Diseases to Boost the Market
The global ultrasonic dissection devices market is slated to gain from the rising incidence of chronic diseases such as asthma, arthritis, diabetes, lung disorders, to name a few. These have become frequent and widespread owing to increasing stress levels, rising pollution levels, lack of exercise, and adoption of sedentary lifestyles along with unhealthy food habits. Ultrasonic dissection devices, therefore, are finding wide applicability in diagnostic examinations of the abdomen, heart, urinary tract, breasts, and brain. Effective and relatively faster diagnosis provided by these devices, compared to conventional machines, will propel the global ultrasonic dissection devices market during the forecast period.
Expensive Machines May Hamper the Market
Market growth may suffer as ultrasonic machines are a costly purchase, both for the doctor and the patient. Most laparoscopic procedures can be conducted using the traditional electro-surgery methods, which are cheaper and more easily available. Thus, high costs may prove to be a major hindering factor for the global ultrasonic dissection devices market. The use of this modern technology also requires trained professionals, of whom there is currently a dearth.
FDA Approval for Senhance to Encourage Investment in Research
In early 2019, TransEntrix’s digital laparoscopic surgical platform, Senhance, received FDA approval. This is expected to attract investment in research among the players in the global ultrasonic dissection devices market in the approaching decade. Some players are upping the ante in innovation already. For example, Misonix developed the SonicOne ultrasonic tool that detects unhealthy tissue and removes it, with little to no damage on the adjacent tissue.
Fortune Business Insights has identified the key players in the global ultrasonic dissection devices market. These include BOWA-electronic GmbH & Co. KG, Reach Surgical, InnoSound Technologies, Inc., TransEnterix, Inc., Ethicon USA, LLC., Medtronic, and others.
North America to Soar with Increasing Regulatory Approvals
Owing to rising approval rates and rapid adoption of advanced surgical procedures, North America is predicted to hold a dominant market share in the forecast period. Latin America and Asia-Pacific are expected to register an impressively high CAGR on account of their increasing incomes and the subsequent growing preference for minimally invasive surgical procedures. Growing awareness of the health benefits of such procedures has also positively impacted the adoption rates of ultrasonic technologies by medical professionals and patients. The global ultrasonic dissection devices market is projected to expand and develop as a result of the above mentioned factors.
More Trending Topics From Fortune Business [email protected]