Ultrasonic Electrosurgical Devices Market (By Product: Generators, Consumables; By Type : High-intensity Focused Ultrasonic (HIFU) Ablators, Magnetic Resonance-guided Focused Ultrasonic (MRGFUS) Ablators, Ultrasonic Surgical Ablation Systems, Shock Wave Therapy Systems; By Application : Cardiology, Gynecology, General Surgery, Urology, Bariatric Surgery; By End-use: Hospitals, Ambulatory Surgical Centers, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030

Published Date : Oct 2021 | No. of Pages : 150+ Pages | Category : Healthcare

The global ultrasonic electrosurgical devices market size is expected to be worth around US$ 10.4 billion by 2030, according to a new report by Vision Research Reports.

The global ultrasonic electrosurgical devices market size was valued at US$ 5.60 billion in 2020 and is anticipated to grow at a CAGR of 6.4% during forecast period 2021 to 2030.

Ultrasonic Electrosurgical Devices Market Size 2021 to 2030

Report Coverage

Report Scope Details
Market Size US$ 10.4 Bn by 2030
Growth Rate CAGR of 6.4% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Product, type, application, end use
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Ethicon - Endo-Surgery; Olympus Corporation; Medtronic; Misonix Inc.; BOWA-electronic GmbH; Söring GmbH; Advanced Instrumentations; Reach Surgical; ITALIA MEDICA SRL; SonaCare Medical; Miconvey

Growth Factors

 The rising volume of surgical procedures owing to the growing prevalence of chronic diseases, rising adoption of minimally invasive surgeries, and developments in minimally invasive surgical techniques, including laparoscopy, have resulted in the development of ultrasonic electrosurgical devices by major market players. This is expected to contribute to the market growth. The presence of a large number of players and the growing number of strategic initiatives by the players to enhance their product portfolios are expected to boost the market growth.

The rising prevalence of various types of cancer such as breast cancer, colon cancer, prostate cancer, and lung cancer is anticipated to boost the demand for ultrasonic electrosurgical devices for the treatment and surgery of various tumors in the body.

By Product Analysis

The ultrasonic electrosurgical consumables segment accounted for the largest revenue share of over 55.0% in 2020. The ultrasonic electrosurgical consumables segment is further divided into electrosurgical hand-pieces, electrosurgical electrodes, electrosurgical scalpels, electrosurgical forceps, and electrosurgical pencils. 

The ultrasonic electrosurgical generators segment is anticipated to grow at a lucrative rate during the forecast period. The generators pass an electric current through the patient’s body to conduct the surgery. Generators have different power levels and quality control measures to adjust pre-surgery, which takes care of patient safety during the surgery. 

By Application Analysis

Cardiology held the largest share of over 25.0% in 2020 owing to the rising cases of cardiac disorders. As per the CDC, coronary heart disease is among the most common type of heart disease and around 365,914 people died in 2017 due to this. In addition, as per the WHO, about 17.9 million people die of cardiovascular disorders each year.

The gynecology segment is expected to witness significant growth during the forecast period. Gynecology is a broader branch of medicine including all-female reproductive organ disorders.

By End-use Analysis

The hospitals segment captured the largest share of over 45.0%in 2020. The growth is attributed to a large number of cases and preventive surgical procedures being carried out in these settings.

Ambulatory surgical centers (ASCs) are projected to witness significant growth over the forecast period. This can be attributed to the lower out-of-pocket costs, better patient accessibility, and decreased facility costs.

By Type Analysis

The high-intensity focused ultrasonic (HIFU) ablators held the largest share of over 35.0% in 2020. The growth of the segment is attributed to various factors including lowered toxicity as compared with the other techniques of ablation, minimal pain due to non-invasiveness, and low cost of procedure than surgery. 

 The ultrasonic surgical ablation systems are expected to witness significant growth during the forecast period owing to the incidence of cardiovascular disorders, the growing demand for minimally invasive cardiac surgeries for its treatment.

By Regional Analysis

North America accounted for the largest revenue share of over 35.0% in 2020. This growth can be mainly attributed to the increasing number of preventive surgeries, the growing burden of chronic disorders, such as cancer, diabetes.

Asia Pacific is expected to register the fastest growth rate during the forecast period. This growth can be attributed to various factors such as the high adoption of advanced technologies, the rising prevalence of chronic disorders, the increasing reimbursement scenario, the presence of a large geriatric population, the growing demand for minimally invasive procedures over traditional methods, and the increased need for laparoscopic surgery. 

Key Players

  • Ethicon - Endo-Surgery

  • Olympus Corporation

  • Medtronic

  • Misonix Inc.

  • BOWA-electronic GmbH

  • Söring GmbH

  • Advanced Instrumentations

  • Reach Surgical


  • SonaCare Medical

  • Miconvey 

Market Segmentation

  • By Product

    • Generators

    • Consumables

  • By Type

    • High-intensity Focused Ultrasonic (HIFU) Ablators

    • Magnetic Resonance-guided Focused Ultrasonic (MRGFUS) Ablators

    • Ultrasonic Surgical Ablation Systems

    • Shock Wave Therapy Systems

  • By Application

    • Cardiology

    • Gynecology

    • General Surgery

    • Urology

    • Bariatric Surgery

    • Others

  • By End-use

    • Hospitals

    • Ambulatory Surgical Centers

    • Others

  • Regional

    • North America

      • U.S.

      • Canada

    • Europe

      • Germany

      • U.K.

      • France

      • Italy

      • Spain

    • Asia Pacific

      • China

      • Japan

      • India

      • Australia

      • South Korea

    • Latin America

      • Brazil

      • Mexico

      • Argentina

      • Colombia

    • Middle East & Africa

      • South Africa

      • Saudi Arabia

      • UAE

The Ultrasonic Electrosurgical Devices market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Ultrasonic Electrosurgical Devices market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Ultrasonic Electrosurgical Devices market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Ultrasonic Electrosurgical Devices market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Ultrasonic Electrosurgical Devices market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Ultrasonic Electrosurgical Devices capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Ultrasonic Electrosurgical Devices by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Ultrasonic Electrosurgical Devices market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Ultrasonic Electrosurgical Devices market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Ultrasonic Electrosurgical Devices market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Ultrasonic Electrosurgical Devices industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

Ultrasonic Electrosurgical Devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Ultrasonic Electrosurgical Devices market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Ultrasonic Electrosurgical Devices market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Ultrasonic Electrosurgical Devices market. These factors have benefited the growth of the global market for Ultrasonic Electrosurgical Devices. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Ultrasonic Electrosurgical Devices. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Ultrasonic Electrosurgical Devices are as follows:

  • History Year: 2017-2020
  • Base Year: 2021
  • Forecast Year 2021 to 2030

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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