Neurology Ultrasonic Aspirator Market Worth $510.77 Million By 2026

Neurology Ultrasonic Aspirator Market Growth & Trends

The global neurology ultrasonic aspirators market size is anticipated to reach USD 510.77 million by 2026, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.6% over the forecast period. Increasing incidence of neurological diseases coupled with adoption of minimally invasive neurosurgeries is anticipated to boost the growth.

Rising preference for minimally invasive neurosurgeries over existing surgical practices coupled with prevalence of neurological diseases is anticipated to drive the market. According to the National Center for Biotechnology Information (NCBI), this technique is used to reduce the tissue disruption by utilizing various tools to minimize trauma to bodily tissue during surgery. Its demand is increasing due to various factors such as it requires smaller incision than traditional surgeries, it leads to less pain and faster recovery post-surgery. Neurology ultrasonic aspirators offers various advantages such as it is the most flexible and user-friendly system for smooth control of soft tissue. It may reduce perioperative morbidity and intraoperative blood loss.

Technological advancements are also expected to drive growth of the neurology ultrasonic aspirator market over the forecast period. For instance, CUSA NXT Ultrasonic Surgical Aspirator which offers multiple solutions to assist neurosurgeons for the treatment of tumor resection that provide precision and power for the dissection of soft to hard tissue.

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Neurology Ultrasonic Aspirator Market Report Highlights

• Standalone ultrasonic aspirators led the market in 2018, attributed to the increasing number of patients suffering from neurological diseases, low cost of the standalone ultrasonic aspirators, and less risk of damage

• Hospitals led the overall market in 2018 with the highest revenue share owing to increasing number of Traumatic Brain Injuries (TBI) and cranial surgeries. For instance, according to an NCBI studies, 25,134 adults had 12.0% history of TBI

• North America led the neurology ultrasonic aspirator market with the highest revenue share in 2018 owing to the increasing incidence of neurological diseases such as brain cancer coupled with increasing disposable income of individuals

• Key players are introducing technologically enhanced products to gain competitive advantage. For instance, in September 2018, Misonix,INC., launched its first NEXUS ultrasonic aspirator. It is a fully integrated technology that combines all features of existing Misonix solutions products such as Sonicstar, Sonastar and Bonescalpe

Neurology Ultrasonic Aspirator Market Segmentation

Grand View Research has segmented the global neurology ultrasonic aspirator market on the basis of product, end use, and region:

Neurology Ultrasonic Aspirators Product Outlook (Revenue, USD Million, 2015 - 2026)

• Standalone

• Integrated

Neurology Ultrasonic Aspirators End Use Outlook (Revenue, USD Million, 2015 - 2026)

• Hospitals

• Ambulatory Surgical Centers

Neurology Ultrasonic Aspirators Regional Outlook (Revenue, USD Million, 2015 - 2026)

• North America

  • U.S.

  • Canada

• Europe

  • Germany

  • U.K.

  • France

  • Italy

  • Spain

• Asia Pacific

  • Japan

  • China

  • India

  • Australia

  • South Korea

• Latin America

  • Mexico

  • Brazil

  • Argentina

  • Colombia

• Middle East and Africa (MEA)

  • South Africa

  • Saudi Arabia

  • UAE