Neurology Ultrasonic Aspirators Market - Introduction
Neurology ultrasonic aspirators are surgical devices which make use of low frequency ultrasonic vibrations for dissection of tissues and aspiration of the surgical field. A study published by the National Center for Biotechnology Information (NCBI) concluded that neurology ultrasonic aspirators are being used for the removal of brain tumors. For example, the Cavitron Ultrasonic Surgical Aspirator (CUSA) removes brain tumor without damaging healthy tissues and with high accuracy.
Versatility and user-friendliness are the key benefits of using neurology ultrasonic aspirators. Integrated neurology ultrasonic respirator is a high growth segment which is attributed to an ever-increasing incidence of brain tumor and neurological disease-related disabilities, as it is helpful to surgeons in combining the soft tissues for aspiration during a complicated cranial neurosurgery. This technology is used for surgery in orbital, lacrimal, neurological disease related, and skull base disabilities.
Standalone neurology ultrasonic aspirators allow users to independently control power and deliver precise fragmentation and irrigation with a single hand piece and suction.
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Global Neurology Ultrasonic Aspirators Market - Competitive Landscape
The global neurology ultrasonic aspirators market is consolidated, with presence of small number major players. Only a few players hold majority of the share as it is a niche market. Leading players in the global neurology ultrasonic aspirators market are Stryker Corporation, Cybersonics Inc., Meta Dynamic Inc., Xcellence Medical Technologies Pvt. Ltd., Springs GmbH, Olympus Corporation, Integra LifeSciences Corporation, and Söring GmbH.
Incorporated in 2004 and headquartered in Michigan, USA, Stryker is a medical equipment and devices company. It offers products and services in orthopedics and neurosurgical devices. It has developed Sonopet iQ ultrasonic aspirator system which gives surgeons the capability to fragment, emulsify and aspirate soft tissue and bone during complex neurosurgical operations.
Meta Dynamic, Inc.
Founded in 2002 and headquartered in California, US, Meta Dynamic, Inc. is a firm that develops surgical navigation equipment for hospitals and surgical facilities in California. It has developed the Sonoca ultrasonic aspirator which facilitates tumor resection and tissue removal by using cavitation effect.
Global Neurology Ultrasonic Aspirators Market - Dynamics
The global neurology ultrasonic aspirators market is projected to be driven by rise in the number of deaths due to brain tumor and increase in number of traumatic brain injuries across the world. The market is also expected to witness technological advances such as wireless neurology ultrasonic aspirators. Lack of awareness restrains the global market; however, awareness campaigns about these devices are expected to increase adoption, especially in emerging economies.
- Rise in Number of Deaths due to Brain Tumor
The global neurology ultrasonic aspirators market is driven by rise in the number of deaths due to brain tumor. According to statistics provided by the National Brain Tumor Society, on average, 16,616 deaths due to brain tumor are reported across the globe each year. According to the American Society for Clinical Oncology, brain and other nervous system cancers are the 10th leading cause of death among men and women. Moreover, primary brain and CNS tumors are estimated to account for 17,760 deaths among adults (9,910 men and 7,850 women) in 2019.
- Increase in Incidence of Traumatic Brain Injuries
The global neurology ultrasonic aspirators market is driven by increase in incidence of traumatic brain injuries. According to the Centers for Disease Control and Prevention, the U.S. has had higher number of traumatic brain injuries (TBI) each year. Treatment of these injuries requires various instruments, including neurology ultrasonic aspirators. This boosts the growth of the market. According to the Centers for Disease Control and Prevention, in 2014, the U.S. witnessed about 2.87 million traumatic brain injury-related emergency department visits, hospitalizations, and deaths, including 837,000 injuries among children.
- Lack of Awareness about Availability of these Devices
Lack of awareness about the availability of these devices and corresponding treatments restrains the global neurology ultrasonic aspirators market. This results in people opting for alternative treatments which are better known.
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Global Neurology Ultrasonic Aspirators Market - Segmentation
The global neurology ultrasonic aspirators market can be segmented based on product type, end-user, component type, and region.
In terms of product type, the global neurology ultrasonic aspirators market can be bifurcated into:
Based on end-user, the global neurology ultrasonic aspirators market can be classified into:
- Ambulatory Surgical Centers
In terms of component type, the global ultrasonic aspirators market can be categorized into:
- Consumables/Hand Instruments
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
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Below is a snapshot of these quadrants.
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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
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