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Ultrasonic Bath Market:Executive Summary
Global ultrasonic bath market is valued approximately USD 205.2 million in 2017 and is anticipated to grow with a healthy growth rate of more than 6.2 % over the forecast period 2018-2025. It is important for medical devices to be clean and sterile, and ultrasonic bath offers an extremely efficient and cost -effective solution that helps to drive adoption in ultrasonic bath technology thereby, supplementing the growth of the market across the globe. The key driver of the Ultrasonic Bath market is increasing number of surgical procedures across the world. As per the International Society of Aesthetic Plastic Survey (ISAPS) in 2017, Japan ranked 3th in list of countries for cosmetic procedures list and approx. 1,137,976 procedures (surgical &non-surgical) were performed in 2017 which accounted for 4.8 % of world-wide percentage of total number of cosmetic procedures. Similarly, according to International Society of Aesthetic Plastic surgery, Italy aesthetic non-surgical procedures has been on the constant rise in the European Union. According to International Society of Aesthetic Plastic Surgery, the aesthetic procedures accounted for 502,469 in the year 2016 in Italy. According to International Society of Aesthetic Plastic surgery in 2018, the Botulinum toxin accounted for 234,294 procedures, Hyaluronic acid accounted for 250,648 procedures, and Calcium Hydroxyapatite accounted for 4317 procedures and Poly-L-Lactic acid accounted for 3009 procedures. Hence, growing number of surgical procedures is likely to increase the demand and adoption of ultrasonic bath or cleaning thereby, aiding the growth of the Ultrasonic Bath market over the forecast period of 2018-2025. However, lack of skilled professional is expected to hinder the growth of the market during the forecast period.
On the basis of segmentation, the Ultrasonic Bath market is segmented into product and end-user. The product segment of global ultrasonic bath market is classified into benchtop ultrasonic cleaners, standalone ultrasonic cleaners, multistage 2 ultrasonic cleaners and multistage 4 ultrasonic cleaners. The end-user segment includes hospitals, diagnostic laboratories and other end-users of which hospitals holds the largest market share in terms of revenue owing the growing adoption in hospitals due to increasing number of surgical procedures in hospitals.
The regional analysis of Ultrasonic Bath Market is considered for the key regions such as North America, Europe, Asia Pacific, Latin America and ROW. North America holds the leading position in Ultrasonic Bath market owing to the growing demand of diagnostics procedures and increasing number of surgical procedures. Whereas, Asia-Pacific is expected to emerge as the fastest growing region in terms of market share. The growth of Asia-Pacific region is witnessed owing to improving healthcare facilities coupled with growing number of clinics, hospitals, ambulatory care settings in the region.
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The leading market players mainly include-
Blue Wave Ultrasonics
L&R Manufacturing
Mettler Electronics
Sharpertek
Analab Scientific
Namrol Group
US Opthalmic
Dent Geosoft
Endo-Technik
Steelco Spa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product
Benchtop Ultrasonic Cleaners
Standalone Ultrasonic Cleaners
Multistage 2 Ultrasonic Cleaners
Multistage 4 Ultrasonic Cleaners
By End-user:
Hospitals
Diagnostic Laboratories
Others end-users
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global Ultrasonic Bath Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Market Definition and Scope
1.1. Research Objective
1.2. Market Definition
1.3. Scope of The Study
1.4. Years Considered for The Study
1.5. Currency Conversion Rates
1.6. Report Limitation
Chapter 2. Research Methodology
2.1. Research Process
2.1.1. Data Mining
2.1.2. Analysis
2.1.3. Market Estimation
2.1.4. Validation
2.1.5. Publishing
2.2. Research Assumption
Chapter 3. Executive Summary
3.1. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD BILLION)
3.2. Key Trends
Chapter 4. Global Ultrasonic Bath market Dynamics
4.1. Growth Prospects
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.2. Industry Analysis
4.2.1. Porter’s 5 Force Model
4.2.2. PEST Analysis
4.2.3. Value Chain Analysis
4.3. Analyst Recommendation & Conclusion
Chapter 5. Global Ultrasonic Bath market, By Product
5.1. Market Snapshot
5.2. Market Performance - Potential Model
5.3. Global Ultrasonic Bath market, Sub Segment Analysis
5.3.1. Benchtop Ultrasonic Cleaners
5.3.1.1. Market estimates & forecasts, 2015-2025 (USD BILLION)
5.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD BILLION)
5.3.2. Standalone Ultrasonic Cleaners
5.3.2.1. Market estimates & forecasts, 2015-2025 (USD BILLION)
5.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD BILLION)
5.3.3. Multistage 2 Ultrasonic Cleaners
5.3.3.1. Market estimates & forecasts, 2015-2025 (USD BILLION)
5.3.3.2. Regional breakdown estimates & forecasts, 2015-2025 (USD BILLION)
5.3.4. Multistage 4 Ultrasonic Cleaners
5.3.4.1. Market estimates & forecasts, 2015-2025 (USD BILLION)
5.3.4.2. Regional breakdown estimates & forecasts, 2015-2025 (USD BILLION)
Chapter 6. Global Ultrasonic Bath Market, By End-user
6.1. Market Snapshot
6.2. Market Performance - Potential Model
6.3. Global Ultrasonic Bath Market, Sub Segment Analysis
6.3.1. Hospitals
6.3.1.1. Market estimates & forecasts, 2015-2025 (USD BILLION)
6.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD BILLION)
6.3.2. Diagnostic Laboratories
6.3.2.1. Market estimates & forecasts, 2015-2025 (USD BILLION)
6.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD BILLION)
6.3.3. Others end-users
6.3.3.1. Market estimates & forecasts, 2015-2025 (USD BILLION)
6.3.3.2. Regional breakdown estimates & forecasts, 2015-2025 (USD BILLION)
Continuous…
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