Ultrasonic Aspirator Market Updates

Q: What is the key market trend for Ultrasonic Aspirator Market?

Short-Term: In the short run, the ultrasonic aspirator market is being driven higher by growing adoption based on increased demand for minimally invasive procedures due to patient demand for faster recovery and less scarring. The precision ultrasonic aspirators deliver with little tissue damage is making them increasingly sought after in neurosurgery, oncology, and other specialized disciplines. Besides that, improvements in ultrasonic technology, as well as advanced features such as real-time tissue feedback and better handpieces, are rendering these systems more effective and efficient for use by surgeons.

Q: Which region accounted for the largest share in Ultrasonic Aspirator Market?

Why is North America Leading Ultrasonic Aspirator Market in 2024?

Ultrasonic Aspirator Market News

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In December 2021, Bioventus Inc. announced that it has been cleared by the U.S. Food and Drug Administration (FDA) for 510(k) for its neXus® BoneScalpel® Access™ handpiece. This revolutionary product is driven by the neXus Ultrasonic Surgical Aspirator System, a next generation, integrated ultrasonic surgical system. The system uses a proprietary digital algorithm that is meant to provide more power, enhance versatility, and improve control throughout the procedure.

In December 2020, Olympus Corporation successfully purchased Veran Medical Technologies, Inc., which was an initiative to further consolidate its hold on the respiratory care industry. Olympus, with the acquisition, could heavily enrich its product lineup with Veran's state-of-the-art respiratory technology. Furthermore, it fortified Olympus's international presence by solidifying its distribution chain, sales forces, marketing techniques, production infrastructure, and R&D efforts, thus endowing the company with a one stop solution advantage in the healthcare market.

In July 2020, Integra LifeSciences Holdings Corporation said that it received FDA approval for its CUSA (Clarity Ultrasonic Surgical Aspirator) System for use in neurosurgical applications. FDA approval will permit the system's application to an extended series of precise neurosurgical procedures, improving its usefulness and making available a better device to surgeons to conduct delicate tissue extraction, and overall improving outcomes in patients in sophisticated brain procedures.

FAQs

Global Ultrasonic Aspirator market size was valued at USD 169.5 Million in 2023 and is expected to grow from USD 181.2 Million in 2024 to USD 307.5 Million by 2032, growing at a CAGR of 6.8% in the forecast period (2025-2032).

The global ultrasonic aspirator market is seeing growing competition due to sustained innovation and tactical product enhancements by top players. Companies are focusing on developing their oncology and neurosurgery product portfolios using advanced technology. For example, in August 2024, Bioventus Inc. gained FDA 510(k) clearance for its neXus® SonaStar Elite® handpiece, which forms a part of the neXus Ultrasonic Surgical Aspirator System. This new generation platform, with a proprietary digital algorithm, provides greater versatility and control, indicative of a wider industry shift toward precision, efficiency, and minimally invasive surgical solutions to enhance competitive positioning. 'Stryker Corporation', 'Integra LifeSciences Corporation', 'Olympus Corporation', 'Söring GmbH', 'Bioventus Inc.', 'Richard Wolf GmbH', 'Medtronic plc', 'Biomedicon Systems India Pvt Ltd', 'Meta Dynamic, Inc.', 'Boston Scientific Corporation', 'Toshbro Medicals Pvt. Ltd.', 'Xcellance Medical Technologies', 'Innosurge', 'B. Braun SE', 'Nakanishi Inc.'

Minimally invasive surgery (MIS) is on the rise due to the advantages of smaller incisions, shorter stays in the hospital, and faster recovery compared to traditional open methods. Ultrasonic aspirators are an important part of MIS procedures with the ability to have accurate results with less damage to surrounding tissue. Compatibility with laparoscopic and neuroendoscopic equipment has made ultrasonic aspirators indispensable in neurosurgery, ENT, and gynecology. The global shift toward day-care surgery and patient centered care is thus fueling adoption of ultrasonic aspirators, thus MIS innovation becomes the prevailing market driver.

Short-Term: In the short run, the ultrasonic aspirator market is being driven higher by growing adoption based on increased demand for minimally invasive procedures due to patient demand for faster recovery and less scarring. The precision ultrasonic aspirators deliver with little tissue damage is making them increasingly sought after in neurosurgery, oncology, and other specialized disciplines. Besides that, improvements in ultrasonic technology, as well as advanced features such as real-time tissue feedback and better handpieces, are rendering these systems more effective and efficient for use by surgeons.

Why is North America Leading Ultrasonic Aspirator Market in 2024?