December 1, 2021

Global Surgical Blades & Scalpels Market to Attain a Significant CAGR during 2022-2025; Increasing Adoption of Surgical Market to Boost the Market Growth

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Research Nester published a report titled Surgical Blades & Scalpels Market: Global Demand Analysis & Opportunity Outlook 2025″ which delivers detailed overview of the global surgical blades & scalpels market in terms of market segmentation by material, product type, end user, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The growing prevalence of cardiovascular diseases is one of the major factors that is stimulating the number of cardiac surgeries worldwide. Moreover, the backed by the rising concern for the different types of diseases prevailing amongst individuals worldwide, there is a surge in the number of hospitals and ambulatory surgical centers that offer effective treatment. The rising number of healthcare centers is therefore expected to create a surge in the demand for surgical blades, backed by the growing number of surgeries in these centers. Further, chronic diseases such as heart attack, stroke, cancer, respiratory problems, and others are the major cause of deaths and represent major disabilities burden in numerous countries worldwide. According to the statistics by the Organisation for Economic Co-operation and Development (OECD), across the 27 OECD countries, around 1/3rd of the people aged 15 years and over reported living with 2 or more chronic conditions. Such factors are therefore anticipated to drive the growth of the global surgical blades and scalpels market. The market registered a revenue of USD 344.7 Million in 2017 and is estimated to reach USD 629.1 Million by the end of 2025 by growing at a CAGR of 9.31% during the forecast period, i.e., 2020-2025.

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The global surgical blades and scalpels market is segmented by end user into hospitals, clinics and others. Among these segments, the hospitals segment is estimated to grow with the highest CAGR of 9.67% during the forecast period and hold the leading revenue of USD 417.2 Million by the end of 2025. The market is also segmented by product type into disposable, and re-usable, out of which, the disposable segment is projected to grow with the highest CAGR of 9.65% during the forecast period.

Geographically, the global surgical blades and scalpels market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, out of which, the market in the North America market is projected to hold leading market share of 34% and reach USD 210.5 Million by the end of 2025, up from USD 116.8 Million in 2017. Presence of a robust healthcare infrastructure in the region, along with the rise in the number of surgeries conducted on a daily basis in the region, are some of the major factors anticipated to drive the growth of the market in the region during the forecast period.

However, surgical blades and scalpels are highly responsible for causing sharp injuries across all healthcare settings which is anticipated to hamper the market growth.

This report also provides the existing competitive scenario of some of the key players of the global surgical blades & scalpels market which includes company profiling of FEATHER Safety Razor Co., Ltd., KAI Group, Aspen Surgical, B. Braun Melsungen AG, Shanghai Fosun Pharmaceutical (Group) Co., Ltd., Hu-Friedy Mfg. Co., LLC, SteriLance Medical (Suzhou) Inc., Merit Medical Systems, Inc., Shanghai Medical Corporation, Swann-Morton Limited and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global surgical blades & scalpels market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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About Research Nester

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

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