Neurology Ultrasonic Aspirators Market: Global Industry Analysis and Forecast (2023-2029)

Neurology Ultrasonic Aspirators Market size is expected to grow at a CAGR of 5.5% during the forecast period and the market size is expected to reach nearly US$ 5.16 Bn. by 2029.

Neurology Ultrasonic Aspirators Market Overview:

Neurology ultrasonic aspirator is a surgical tool that utilises ultrasonic vibrations of low frequency to dissect tissues. Neurology ultrasonic aspirators are used to remove brain tumours as it is the most flexible and user-friendly device for smooth control of soft tissue. It allows the delicate brain structure to be dissected in close proximity with fine bone.Neurology Ultrasonic Aspirators MarketTo know about the Research Methodology :- Request Free Sample Report

Neurology Ultrasonic Aspirators Market Dynamics:

Increasing prevalence of neurological disorders, including traumatic brain injury (TBI) is the major driving factor for market growth. Traumatic brain injury (TBI) is a leading cause of death and disability among children and young adults in the United States. Each year an estimated 1.5 million Americans sustain a TBI. Increasing elderly population is more prone towards neurological disorders like Alzheimer's, Parkinson's, epilepsy, and dementia is another driving factor for the market growth. According to World Health Organization, over 20% of total geriatric population (aged 60 years and above) across the globe suffer from some form of mental disorders. Adoption of minimally invasive neurosurgeries and increasing awareness for neurology ultrasonic aspirators among professionals are some more factors driving the growth. Cavitron Ultrasonic Surgical Aspirator (CUSA), designed to cut out brain tumor without affecting the healthy tissues. According to the National Brain Tumor Society, in the U.S., 78,890 new cases of non-malignant and malignant tumors were diagnosed in 2018. Several benefits are associated with Neurology Ultrasonic Aspirators such as versatility, user friendly system for smooth control of soft tissue, reduced perioperative morbidity and intraoperative blood loss and it also enables sensitive structure of brain to be dissected with fine bone in closed vicinity. These advantages impact positively on the market growth. It is widely used in multiple surgical specialties and used in carrying out minimally invasive procedures. However, low awareness towards the availability of the devices, high cost of ultrasonic aspirators, stringent regulations, and technical failure of the device are hindering the growth of the ultrasonic aspirator market globally. The report has profiled thirteen key players in the market from different regions. However, report has considered all market leaders, followers and new entrants with investors while analyzing the market and estimation the size of the same. Increasing R&D activities in each region are different and focus is given on the regional impact on the cost, availability of advanced technology are analyzed and report has come up with recommendations for future hot spot in APAC region.

Neurology Ultrasonic Aspirators Market Segment Analysis:

The Neurology Ultrasonic Aspirators Market is segmented on the basis of Type and End-users.

Based on Type, Integrated type segment is expected to hold a dominant market share throughout the forecast period. It enables surgeons in complicated cranial neurology combine and aspires soft tissue. This technology is used in surgery on the basis of orbital, tearful, neurological and cranial conditions. For instance, Soering had Sonoca 300 ultrasonic aspirator which is designed to offer 3 working frequency in one system. It is used for neurosurgical operations. Standalone type segment is expected to witness faster growth in the forecast years. The segment is estimated to lead the market owing to the rising cases of cerebral paralysis, bone dissection and head injuries, which are becoming common. This segment is leading the market owing to the factors such as less risk of damage, simple designs and lower cost of its treatment. Features of this product include easy setup which allows users to independently control power and deliver precise fragmentation, irrigation with one hand piece and suction. Based on End-Users, the Hospitals Segment leads the market in neurological ultrasonic aspirators due to the rising occurrence of neurological diseases such as brain injury and TBI. The neurology and scientific department is a separate neurology department in hospitals. This department's primary focus is on various disorders, abnormalities, and brain, spinal, and neural dysfunction. Neurology, neuropsychology, and neurorehabilitation are their areas of expertise. Their neurosurgical theatres are well-equipped with surgical instruments, such as microsurgic instrumentation, neuroendoscopy (appliances), and spinal instrumentation. They also use ultrasonic surgical aspirators in neurology to treat minimally invasive neurosurgery.

Neurology Ultrasonic Aspirators Market Regional Insights:

North America dominated the market in 2022.

Factors such as increasing prevalence of neurological diseases, presence of an ultra-modern healthcare infrastructure as well as highly competent medical professionals, and awareness among individuals about treatment options fuel growth of neurology ultrasonic aspirators market in this region. In addition, increasing reimbursements for innovations in devices and surgical procedures is positively affecting the regional growth. According to the National Brain Tumour Society's estimates, 16,616 people die each year in the United States as a result of a brain tumour. Apart from this, The Centres for Disease Control and Prevention reports that the United States has the largest number of traumatic brain injuries (TBI) per year. This necessitates a variety of devices, including medical ultrasonic aspirators for neurology. According to National Brain Tumour Society, it is projected that 78,980 new cases of malignant and non-malignant brain tumour and CNS tumours were be diagnosed in the U.S. in 2018. Growing cases of brain aneurysm is further expected to assist the market growth. As per estimates by Brain Aneurysm Foundation, 6 million people in the United States of 1 in 50 people have an unruptured brain aneurysm.

Asia Pacific is expected to register the higher CAGR during the forecast period.

The increasing prevalence of neurological diseases, increasing government initiatives, and various awareness programs undertaken by the NGOs drive the market growth in the APAC region. Advancements in healthcare practices in emerging economies of the region are fuelling adoption of sophisticated medical tools, including neurology ultrasonic aspirators. The report also helps in understanding Neurology Ultrasonic Aspirators Market dynamics, structure by analyzing the market segments and project the Neurology Ultrasonic Aspirators Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Neurology Ultrasonic Aspirators Market make the report investor’s guide.

Neurology Ultrasonic Aspirators Market, Key Developments:

• Stryker Corporation- a U.S. based leading medical technologies company recently launched the new Snooped iQ in april 2019. The instrument provides ability for surgeons to fragment, aspirate, and emulsify soft tissues and bone during complex cranial neurosurgery. Before releasing the product, Stryker obtained user experience of more than 250 neurosurgeons to shape the final product. Besides this, Sonopet iQ delivers increased speed and power with improved control and precision, along with user customization options and enhanced ease of use. • In September 2018, Misonix INC. launched its first ultrasonic NEXUS aspirator. The instrument comprises fully integrated technology of existing product solutions of the company, including Sonicstar, Bonescalpe, and Sonastar.

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Neurology Ultrasonic Aspirators Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2017 to 2022 Market Size in 2022: US $ 3.55 Bn.
Forecast Period 2023 to 2029 CAGR: 5.5% Market Size in 2029: US $ 5.16 Bn.
Segments Covered: by Type • Standalone • Integrated
by End users • Hospitals • Ambulatory Surgical Centers

Neurology Ultrasonic Aspirators Market, by Region

North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)

Neurology Ultrasonic Aspirators Market, Key players:

• Stryker • Olympus India Pvt Ltd. • Integra Life Sciences Corporation • Springs GMBH • Xcellence Medical Technologies • Cybersonics Inc. • Meta Dynamic Inc. • Misonix, INC. • Söring GmbH • Innosurge • Cooper • B. Braun Melsungen AG • Biomedicon Systems India Pvt Ltd Frequently Asked Questions: 1. Which region has the largest share in Global Neurology Ultrasonic Aspirators Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Neurology Ultrasonic Aspirators Market? Ans: The Global Neurology Ultrasonic Aspirators Market is growing at a CAGR of 5.5% during forecasting period 2023-2029. 3. What is scope of the Global Neurology Ultrasonic Aspirators Market report? Ans: Global Neurology Ultrasonic Aspirators Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Neurology Ultrasonic Aspirators Market? Ans: The important key players in the Global Neurology Ultrasonic Aspirators Market are – Stryker,Olympus India Pvt Ltd.,Integra Life Sciences Corporation,Springs GMBH,Xcellence Medical Technologies,Cybersonics Inc.,Meta Dynamic Inc.,Misonix, INC.,Söring GmbH,Innosurge,Cooper,B. Braun Melsungen AG,Biomedicon Systems India Pvt Ltd 5. What is the study period of this Market? Ans: The Global Neurology Ultrasonic Aspirators Market is studied from 2022 to 2029.
  • 1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Neurology Ultrasonic Aspirators Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Neurology Ultrasonic Aspirators Market 3.4. Geographical Snapshot of the Neurology Ultrasonic Aspirators Market, By Manufacturer share 4. Global Neurology Ultrasonic Aspirators Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Neurology Ultrasonic Aspirators Market 5. Supply Side and Demand Side Indicators 6. Global Neurology Ultrasonic Aspirators Market Analysis and Forecast, 2022-2029 6.1. Global Neurology Ultrasonic Aspirators Market Size & Y-o-Y Growth Analysis. 7. Global Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.1.1. Standalone 7.1.2. Integrated 7.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 7.2.1. Hospitals 7.2.2. Ambulatory Surgical Centers 8. Global Neurology Ultrasonic Aspirators Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 9.1.1. Standalone 9.1.2. Integrated 9.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 9.2.1. Hospitals 9.2.2. Ambulatory Surgical Centers 10. North America Neurology Ultrasonic Aspirators Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 12. Canada Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 13. Mexico Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 14. Europe Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 15. Europe Neurology Ultrasonic Aspirators Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 17. France Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 18. Germany Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 19. Italy Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 20. Spain Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 21. Sweden Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 22. CIS Countries Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 23. Rest of Europe Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 24. Asia Pacific Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 25. Asia Pacific Neurology Ultrasonic Aspirators Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 27. India Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 28. Japan Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 29. South Korea Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 30. Australia Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 31. ASEAN Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 32. Rest of Asia Pacific Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 33. Middle East Africa Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 34. Middle East Africa Neurology Ultrasonic Aspirators Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 36. GCC Countries Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 37. Egypt Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 38. Nigeria Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 39. Rest of ME&A Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 40. South America Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 41. South America Neurology Ultrasonic Aspirators Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 43. Argentina Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 44. Rest of South America Neurology Ultrasonic Aspirators Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Neurology Ultrasonic Aspirators Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Stryker 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Olympus India Pvt Ltd. 45.3.3. Integra Life Sciences Corporation 45.3.4. Springs GMBH 45.3.5. Xcellence Medical Technologies 45.3.6. Cybersonics Inc. 45.3.7. Meta Dynamic Inc. 45.3.8. Misonix, INC. 45.3.9. Söring GmbH 45.3.10. Innosurge 45.3.11. Cooper 45.3.12. B. Braun Melsungen AG 45.3.13. Biomedicon Systems India Pvt Ltd 46. Primary Key Insights
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