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The global surgical scalpels market is expected to reach US$ 759.4 Million in 2025 from US$ 554.8 in 2016. The market is estimated to grow with a CAGR of 3.5% from 2016-2025.
Some of the Leading Key Players operating in this market:
- 3D HISTECH Ltd
- Apollo Enterprise Imaging Corp.
- Huron Surgical scalpel
- Leica Biosystem Nussloch GmbH
- Ventana Medical System, Inc.
- Hamamatsu Photonics K.K
- Xifin, Inc.
- Koninklijke Philips N.V
- Visiopharm
- Indica Labs, Inc.
Increase in the Number of Surgical Procedures
The rise of the surgical procedures have also increased the use of surgical equipment to perform the surgery. Factors such as rising work pressure, stress, improper eating habits, heredity, and exposure to chemicals among others, causes chronic diseases. Surgical scalpel procedures have been opted by men on a large scale in the past few years. Since men are more prone to baldness, they hold maximum share as the users of surgical scalpel procedures. According to American Society of Plastic Surgeons, the rise in several cosmetic surgeries have become one of the major factors for the market growth. Thus growing surgical procedures and rise in the awareness are expected to boost the surgical scalpel market in the coming years.
Increase in the Risk of Injury Due to Scalpels
Surgical blades and scalpels are among the most common and simple surgical devices used for the surgery since ages. If the patient is opting for the surgery, it is necessary to obtain essential knowledge about the procedure and the technician who is going to perform the procedure, since the procedure is complicated in nature and requires utmost care post-surgery.
Scalpel blade injury is among the top five common kinds of sharps injuries, second to needle-stick injuries. For instance, in March 2017, the incidence rate of scalpel blade injuries, is 662 per 100,000 scalpels removed. Scalpel injuries signify a multi-faceted risk as they cause mechanical injury and expose both the injured worker and the patient to the risk of contracting blood borne infection.
Product Insights
The surgical scalpel market by product is segmented into disposable surgical scalpels segment, reusable surgical scalpels segment and accessories. The disposable surgical scalpels segment is poised to grow with a largest market share of 60.6% in 2017. The segment is growing due to increase in the awareness regarding the importance of safe disposal surgical scalpels. Owing to these factors, the market for disposable surgical scalpels is anticipated to surge during the forecast period from 2016 to 2025, at a significant rate.
End User Insights
On the basis of end user, the surgical scalpel market is segmented into hospitals, ambulatory surgical centers, nursing centers market and reference laboratories. The hospitals segment is expected to have a CAGR of 3.7% in the forecast period owing to benefits such as, increasing number of surgical procedures being performed in hospitals and rising number of hospitals. Owing to these factors, the segment of hospitals is expected to grow during the forecast period.
Strategic Insights
Product launch/update and agreements & collaborations were observed as the most adopted strategy in global surgical scalpel industry. Few of the product launches and agreements made by the players in the market are listed below:
2017: Hill-Rom introduced its new line of safety surgical instruments including the Bard Parker SafeSwitch disposable scalpel handle and scalpel handle cover, as well as the new Bard Parker Blade Remover.
2016: Swann Moron signed an agreement to distribute Qlicksmart Sharps Safety Solutions in United Kingdom.
SURGICAL SCALPEL – MARKET SEGMENTATION
By Product
- Disposable Surgical Scalpel
- Scalpel Blades
- Scalpel Handles
- Reusable Surgical Scalpel
- Scalpel Handles
- Scalpel Blades
- Accessories
By Type
- Standard Surgical Scalpels
- Safety Surgical Scalpel
By Material
- Stainless Steel
- High Grade Carbon Steel
- Others
By End User
- Hospitals
- Ambulatory Surgical Centres
- Nursing Centres
- Reference Laboratories
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The most vital key factors in the businesses have been elaborated to get thorough and accurate data of market dynamics. Rising needs and popularity of Surgical Scalpel Market sector is driving the flow of the market towards progress. In addition to this, it lists the factors which are restraining the growth of the market.
Reason to Buy
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