Neurology Ultrasonic Aspirators Market Size, Share & Trends Analysis Report, By Product (Standalone, Integrated), By End-use (Hospitals, Ambulatory Surgical Centers), By Region, And Segment Forecasts, 2019 - 2026

Report Overview

The global neurology ultrasonic aspirators market size was valued at USD 329.06 million in 2018 and is anticipated to expand at a CAGR of 5.6% by 2026. Increase in number of neurological diseases such as Traumatic Brain Injury (TBI), adoption of minimally invasive neurosurgeries, and increasing awareness for neurology ultrasonic aspirators among professionals are a few factors driving the growth.

Neurology ultrasonic aspirator is a surgical device that uses low frequency ultrasonic vibrations to dissect tissues and aspirate the surgical field. According to the National Center for Biotechnology Information (NCBI), neurology ultrasonic aspirators has been used to remove brain tumors. For instance, 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.

Neurology ultrasonic aspirators offers several benefits such as it is the most versatile and user-friendly system for smooth control of soft tissue. It may reduce perioperative morbidity and intraoperative blood loss. It enables sensitive structure of brain to be dissected with fine bone in closed vicinity. It is widely used in multiple surgical specialties and used in carrying out minimally invasive procedures.

Increasing incidence of neurological diseases such as brain tumor and TBI are driving the market growth. According to the National Brain Tumor Society (NBTS), the average rate of deaths due to brain tumor in the U.S. is 16,616. In addition, according to the Center for Disease Control and Prevention (CDC), the U.S. has the highest number of TBI cases.

Product Insights

Integrated neurology is projected to be the fastest growing segment during the forecast period owing to the increasing incidence of brain tumor and disability caused by neurological diseases. It helps surgeons combine and aspirate soft tissues during complex cranial neurosurgery. This technology is used in orbital, lacrimal, neurological diseases, and skull base surgery. 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 neurology ultrasonic aspirator is expected to lead the market in near future owing to rising cases of cerebral palsy, bone dissection, and head injuries. 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 allow users to independently control power and deliver precise fragmentation, irrigation with one handpiece and suction.

End-Use Insights

Hospitals segment is leading the neurology ultrasonic aspirators market owing to increasing incidence of neurological diseases such as brain injury and TBI. In hospitals, there is a separate department of neurology known as the department of neurology and science. This department majorly concentrates on various diseases, abnormalities, and dysfunction of brain, spine and nerves. They have certain specialized neurologist, neuropsychologists, and neurorehabilitation team. Their neurosurgical theaters are well equipped with surgical devices such as interventional radiology, microsurgical instrumentation, neuroendoscopy (devices), and spinal instrumentation.

In addition, to the treatment for conducting minimally invasive neurosurgeries, they use neurology ultrasonic surgical aspirator. It is mostly used in the treatment of brain tumors and TBI. Thus, increasing abnormalities and brain diseases, and better healthcare facilities provided by hospitals are driving market growth.

Ambulatory Surgical Centers (ASC) are best known for outpatients who do not require to stay overnight after surgical procedures. Outpatient surgical advantages include greater convenience and reduced cost. ASCs are specialized in several surgical treatments such as pain management, neurosurgeries, and diagnostic. According to the American Hospital Association, there are 5,260 surgery centers in U.S. as compare to 5,724 hospitals. Thus, factors such as cost saving and reducing overnight staying expenses are driving the ASC segment over the forecast period.

Regional Insights

North America led the market and is expected to witness substantial growth in future as well due to increasing prevalence of neurological diseases, awareness about the treatment, presence of well-established healthcare facilities and availability of highly skilled neurosurgeons. Moreover, significant adoption of technologically advanced medical types is also expected to drive the market. In addition, increasing reimbursements for innovations in devices and surgical procedures is positively affecting the regional growth.

Asia Pacific is expected to register the highest CAGR in the near future due to the prevalence of diseases, increasing government initiatives, and various awareness programs by the NGOs. Presence of a large number of key players in economies, such as China and Japan are majorly driving the growth. Rise in cases of brain tumor and TBI is yet another key driver for the regional growth.

Neurology Ultrasonic Aspirators Market Share Insights

The major players are Stryker; Olympus India Pvt Ltd.; Integra Life Sciences Corporation; Springs GMBH; Xcellence Medical Technologies; Cybersonics Inc.; and Meta Dynamic Inc. These players are focusing on launch of new types of neurology ultrasonic aspirators, technological advancements, and growth strategies, such as mergers and acquisitions. For instance, in September 2018, Misonix, INC., launched its first NEXUS ultrasonic aspirator. It’s a fully integrated technology that combines all features of existing Misonix solutions products such as Sonicstar, Sonastar, and Bonescalpe.

Neurology Ultrasonic Aspirators Market Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2026. For the purpose of this study, Grand View Research has segmented the global neurology ultrasonic aspirators market report on the basis of product, end-use, application, and region:

• Product Outlook (Revenue, 2015 - 2026 (USD Million))

  • Standalone

  • Integrated

• End-Use Outlook (Revenue, 2015 - 2026 (USD Million))

  • Hospital

  • Ambulatory Surgical Centers

• Regional Outlook (Revenue, 2015 - 2026 (USD Million))

  • North America

    • The U.S.

    • Canada

  • Europe

    • Germany

    • The U.K.

    • France

    • Italy

    • Spain

  • Asia Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

  • Latin America

    • Brazil

    • Mexico

    • Argentina

    • Colombia

  • Middle East and Africa (MEA)

    • South Africa

    • Saudi Arabia

    • UAE