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Global Ultrasonic Aspirator Market was Valued at USD 439.95 Million in 2022 and is Expected to Reach USD 678.42 Million by 2030 and Grow at a CAGR of 5.69% Over the Forecast Period.

Infograph - Global Ultrasonic Aspirator Market was Valued at USD 439.95 Million in 2022 and

By Infinium Global Research Jan, 2024

The global ultrasonic aspirator market was valued at USD 439.95 million in 2022 and is expected to reach USD 678.42 million by 2030 and grow at a CAGR of 5.69% over the forecast period. The increasing incidence of neurological diseases is expected to drive market growth. According to a United Nations report, up to 1 billion people, nearly one in six of the world’s population, suffer from neurological diseases from brain injuries to neuro infections. As per the American Society of Clinical Oncology (ASCO), an estimated 24,810 adults in the United States are likely to be diagnosed with primary cancerous tumors of the brain and spinal cord in 2023 with brain tumors accounting for 85% to 90% of all primary central nervous system (CNS) tumors. Thus, the increase in the incidence of neurological disorders, increase in the number of brain surgeries, and cancer procedures is expected to influence the market growth. In recent years, minimally invasive surgeries have gained wide popularity across the globe. Particularly, the percentage of procedures performed using minimally invasive surgery in the U.S., has increased significantly. According to the ASPS annual plastic surgery statistics report, there were more than 17.7 billion surgical and minimally-invasive cosmetic procedures performed in the United States in 2020, a number that has risen steadily over the past five years. Hence, the rising popularity of minimally invasive surgeries is expected to drive the growth of ultrasonic aspirators that allows a minimally invasive surgical resection of tumors during the forecast period. However, High cost combined with limitations of ultrasonic aspirators to deter the growth of the ultrasonic aspirators market. The use of ultrasonic aspirators is effective and safe for softer, more friable tumors such as orbital neurofibromas. Additionally, increasing demand for advanced ultrasonic aspirators devices for treatment of a wide range of disorders will create lucrative growth opportunities. Integrated ultrasonic aspirators devices are being introduced for surgical procedures. Depending on the site of action or how the integrated aspirators are built, these ultrasonic aspirators are helpful in a wide range of application areas. Also, the ultrasonic aspirator market is undergoing a transition and will experience further technical advancements because of the introduction of robotic technology in numerous fields of medical science. It can be predicted that the current use and demand for robotic technology, along with neurosurgery navigation systems, will likely produce beneficial opportunities for the expansion of the ultrasonic aspirator market.

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