According to a new market research study titled ‘Surgical Scalpel Market to 2025 - Global Analysis and Forecasts by Product, Type, Material, and End User. The global surgical scalpel market is estimated to account for US$ 759.4 Mn by 2025 as compared to US$ 575.9 Mn in 2017, growing at a CAGR of 3.5% during the forecast period from 2018 to 2025. The report highlights the trends prevalent in the global surgical scalpel market and the factors driving the market along with those that act as restraints to its growth.
The global surgical scalpel market is a matured market in the developing countries as well as developing economies worldwide. Surgical scalpels help in performing the surgical procedures with ease and accuracy. In recent years, the advancements in surgical scalpels has helped the development of the market. Developments are being made in the scalpels as well as the accessories being used along with them. Product innovations along with technological developments are anticipated to fuel the growth of the market during the forecast period.
Surgical scalpels are simple surgical instruments used for performing surgical procedures with ease and accuracy. The advancements in the field of surgical procedures have also increased the development of surgical scalpels. Many researchers and companies have developed innovative type of scalpels for the performance of surgeries. Surgical scalpels are used by various end users. During 2017, the use of surgical scalpels was considerably high in hospitals, followed by ambulatory centers and nursing centers.
The global surgical scalpel market has been segmented by product, type, material, and end user. Based on product, the market is segmented as disposable scalpel, reusable scalpel and accessories. The disposable as well as reusable scalpel is further segmented as scalpel blades and scalpel handles. Based on the type, the market is classified as, standard surgical scalpels and safety surgical scalpels. On the basis of material used, the market of surgical scalpel is segmented as, stainless steel, high grade carbon steel, and other materials. Based on end user, the market is categorized as, hospitals, ambulatory surgical centers, nursing centers, and reference laboratories.
The market is further examined by evaluating the market on basis of five strategic regions worldwide as North America, Europe, Asia Pacific, Middle East and Africa, and South & Central America. North America has largest market share of the global surgical scalpel market, by geography. This largest share can be attributed to government initiatives, presence of local players as well as the implementation of disposal measures of stainless steel surgical scalpel in Canada and the United States. However, in Asia Pacific, the market is expected to witness steady growth during the forecast period. Factor such as, easy availability and affordable prices of scalpels in Asian countries such as India and China. The demand for surgical scalpels in Asia Pacific is expected to be driven by the presence of skilled medical professionals as well as presence of state of art hospital facilities carrying out surgical procedures.
The surgical scalpels market is highly fragmented due to the presence of various local as well as global players. Some of the key players operating in the surgical scalpels market include, B. Braun Melsungen AG, Integra LifeSciences Corporation, Hill-Rom Services Inc., pfm medical ag., Ansell, Swann Morton Limited, Medicom, PL Medical Co., LLC, Southmedic, and Kai Corporation. and Kai Industries Co., Ltd., among others.
The report segments the global surgical scalpel market as follows:
Global Surgical Scalpel Market - By Product
Global Surgical Scalpel Market - By Type
Surgical Scalpel Market - By End User
Global Surgical Scalpel Market - By Geography
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