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Report Overview
2023
Base Year
2017-2023
Historical Year
2024-2032
Forecast Year
Global Neurology Ultrasonic Aspirators Market Outlook
The global neurology ultrasonic aspirators market reached a value of nearly USD 431.01 million in 2023. The market is further expected to grow at a CAGR of 5.9% in the forecast period of 2024-2032. The industry is being driven by the rising demand for minimally invasive surgical procedures and the increasing expenditure in the health care sector.
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Market Segmentation
Neurology ultrasonic aspirator is a surgical tool, or more commonly an operational 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.
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The global neurology ultrasonic aspirators market can be segmented into product type and end-use. On the basis of its product type, the industry is divided as standalone neurology ultrasonic aspirators and integrated neurology ultrasonic aspirators.
The industry is broadly categorised on the basis of its end-use into:
- Hospitals
- Ambulatory Surgical Centres
- Others
The EMR report looks into the regional neurology ultrasonic aspirators markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
Market Analysis
The global neurology ultrasonic aspirators industry is supported by the increased adoption of minimally invasive surgical procedures, the availability of medical reimbursements, and the growing incidence of neurological diseases or disorders. Further, the introduction of wireless ultrasonic aspirators, along with the rapidly advancing technology, is expected to provide a boost to the industry over the forecast period. However, the high cost of surgical treatments is the major drawback, which might adversely affect the growth of the industry in the future.
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Competitive Landscape
The report presents a detailed analysis of the following key players in the global neurology ultrasonic aspirators market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Stryker
- Integra Lifesciences Corporation
- Springs Gmbh
- Cybersonics, Inc
- Meta Dynamic, Inc.
- Olympus Pvt. Ltd
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global neurology ultrasonic aspirators market attained a value of nearly USD 431.01 million.
The market is projected to grow at a CAGR of 5.9% between 2024 and 2032.
The major drivers for the market include the rising demand for minimally invasive surgical procedures, the increasing expenditure in the healthcare sector, increased adoption of minimally invasive surgical procedures, the availability of medical reimbursements, and the growing incidences of neurological diseases.
The key trends guiding the market growth include the introduction of wireless ultrasonic aspirators, along with the rapidly advancing technology.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading product types of neurology ultrasonic aspirators in the market are standalone and integrated neurology ultrasonic aspirators.
The major end use sectors of the product in the market are hospitals and ambulatory surgical centres, among others.
The major players in the market are Stryker, Integra Lifesciences Corporation, Springs Gmbh, Cybersonics, Inc, Meta Dynamic, Inc., and Olympus Pvt. Ltd, among others.
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