Market Overview:
Ultrasonic energy devices are used to cut, coagulate and vaporize tissue. These devices are used in a number of medical applications such as hospital, ambulatory surgical centers and clinics. The global ultrasonic energy devices market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. Some of the factors that are driving the growth of this market include rising prevalence of chronic diseases, increasing demand for minimally invasive surgeries and technological advancements in ultrasonic energy devices. However, high cost associated with these devices may restrain the growth of this market to some extent during the forecast period. The global ultrasonic energy device market can be segmented on the basis of type into harmonic type, thunderbeat type and sonicision type. On the basis of application, it can be segmented into hospital, ambulatory surgical centers and clinics. Geographically, it can be divided into North America (U S A), Latin America (Brazil), Europe (Germany), Asia Pacific (China)and Middle East & Africa(South Africa).
Product Definition:
Ultrasonic Energy Devices use ultrasonic waves to create heat. This type of energy is used to treat a variety of medical conditions, including chronic pain, infertility, and cancer. Ultrasonic energy is also used in manufacturing and cleaning applications.
Harmonic Type:
Harmonic type is a waveform with a frequency that is an integral multiple of the lowest possible sound frequency, i.e., hertz (Hz). The most commonly used types are 60 and 80 Hz. In addition, they also have to be selected such that the resulting vibrations will be in the range of human hearing; usually 20-20,000 Hz.
The selection of appropriate frequencies for various applications depends on factors such as material strength and temperature sensitivity among others.
Thunderbeat Type:
The Thunderbeat Type is a unique type of heart monitor that records the time interval between each heartbeat. It is mainly used in Ultrasonic Energy Devices (UEDs) to measure the blood flow through the heart and detect any abnormalities. The normal range for this measurement is from 0-500 milliseconds, but certain individuals have a lower or higher rate than this.
Application Insights:
Based on the application, the market is segmented into hospital, ambulatory surgical centers, clinics and others. The hospital segment dominated the overall market in terms of revenue in 2017. Ultrasonic devices are used for a variety of procedures including wound cleaning, tissue removal and sterilization. Rising cases of chronic diseases such as diabetes and obesity are expected to drive demand for minimally invasive surgeries which will further fuel product demand over the forecast period.
The clinics segment is anticipated to witness significant growth over the forecast period owing to increasing awareness about health & hygiene among people globally coupled with rising disposable income levels among certain population groups especially in emerging economies such as China India Brazil etc. Furthermore ultrasonic devices have various applications such as transrectal ultrasound imaging which helps during prostate surgery or transurethral catheter ablation which is used for treating urinary tract infections (UTIs).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing government initiatives for using ultrasound devices in healthcare facilities and rising investments by manufacturers in this region. For instance, In November 2017, BSS Medical Corporation invested USD X million for expanding its ultrasound business in India. The expansion involved adding three new production lines and a research facility at its Pune plant.
In addition, growing medical tourism industry coupled with favorable government policies regarding reimbursement coverage is expected to boost demand further in Asia Pacific region during future years of study (2018 - 2030). For instance, Ultrasound Devices Ltd.
Growth Factors:
- Increasing demand for minimally invasive surgeries: Ultrasonic energy devices are finding increasing application in minimally invasive surgeries. This is because these devices offer several advantages over traditional surgical procedures, such as reduced trauma, faster healing time and shorter hospital stays.
- Growing demand for medical aesthetics: Ultrasonic energy devices are also being increasingly used in medical aesthetics procedures such as skin resurfacing and body contouring. This is because they offer superior results with minimal downtime and no scarring.
- Rising prevalence of chronic diseases: The incidence of chronic diseases such as cancer, heart disease and diabetes is on the rise worldwide. This has led to an increase in the demand for advanced diagnostic and treatment modalities such as ultrasonic energy devices.
- Technological advancements: The development of new ultrasonic energy devices that are more efficient and user-friendly is helping to drive market growth globally. In addition, the increasing use of ultrasound technology in non-medical applications such as automotive manufacturing is also contributing to market growth . 5)Growing awareness about the benefits of ultrasonic energy devices: There has been a growing awareness about the benefits of using ultrasonic energydevices among both consumersand healthcare professionals in recent years
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultrasonic Energy Devices Market Research Report
By Type
Harmonic Type, Thunderbeat Type, Sonicision Type
By Application
Hospital, Ambulatory Surgical Centers, Clinics
By Companies
Ethicon, Misonix, SonaCare Medical, INSIGHTEC, Integra LifeSciences, Medtronic, Olympus, Innolcon Medical Technology, Alpinion Medical Systems.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Ultrasonic Energy Devices Market Report Segments:
The global Ultrasonic Energy Devices market is segmented on the basis of:
Types
Harmonic Type, Thunderbeat Type, Sonicision Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Ambulatory Surgical Centers, Clinics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ethicon
- Misonix
- SonaCare Medical
- INSIGHTEC
- Integra LifeSciences
- Medtronic
- Olympus
- Innolcon Medical Technology
- Alpinion Medical Systems.
Highlights of The Ultrasonic Energy Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Harmonic Type
- Thunderbeat Type
- Sonicision Type
- By Application:
- Hospital
- Ambulatory Surgical Centers
- Clinics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ultrasonic Energy Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ultrasonic energy devices are devices that emit ultrasonic waves. These waves have a frequency higher than the human hearing range and can be used to create vibrations, which in turn can be used for various purposes such as cleaning, manufacturing, and communication.
Some of the key players operating in the ultrasonic energy devices market are Ethicon, Misonix, SonaCare Medical, INSIGHTEC, Integra LifeSciences, Medtronic, Olympus, Innolcon Medical Technology, Alpinion Medical Systems..
The ultrasonic energy devices market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ultrasonic Energy Devices Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ultrasonic Energy Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ultrasonic Energy Devices Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ultrasonic Energy Devices Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ultrasonic Energy Devices Market Size & Forecast, 2020-2028
4.5.1 Ultrasonic Energy Devices Market Size and Y-o-Y Growth
4.5.2 Ultrasonic Energy Devices Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Harmonic Type
5.2.2 Thunderbeat Type
5.2.3 Sonicision Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Ambulatory Surgical Centers
6.2.3 Clinics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ultrasonic Energy Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ultrasonic Energy Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Harmonic Type
9.6.2 Thunderbeat Type
9.6.3 Sonicision Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Ambulatory Surgical Centers
9.10.3 Clinics
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Harmonic Type
10.6.2 Thunderbeat Type
10.6.3 Sonicision Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Ambulatory Surgical Centers
10.10.3 Clinics
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Harmonic Type
11.6.2 Thunderbeat Type
11.6.3 Sonicision Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Ambulatory Surgical Centers
11.10.3 Clinics
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Harmonic Type
12.6.2 Thunderbeat Type
12.6.3 Sonicision Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Ambulatory Surgical Centers
12.10.3 Clinics
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Harmonic Type
13.6.2 Thunderbeat Type
13.6.3 Sonicision Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Ambulatory Surgical Centers
13.10.3 Clinics
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ultrasonic Energy Devices Market: Competitive Dashboard
14.2 Global Ultrasonic Energy Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ethicon
14.3.2 Misonix
14.3.3 SonaCare Medical
14.3.4 INSIGHTEC
14.3.5 Integra LifeSciences
14.3.6 Medtronic
14.3.7 Olympus
14.3.8 Innolcon Medical Technology
14.3.9 Alpinion Medical Systems.
