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Surgical Scissors Market size is estimated to be $585.5 million in 2019 and is forecast to be growing with a CAGR of 8.2% during the forecast period 2020-2025. Growing population, increasing health expenditure, increasing cardiovascular surgeries, along with the rise in chronic disease in elderly people is a major factor driving the Surgical Scissors Market. Surgical scissors are surgical instrument usually used for cutting. They include operating scissors, iris scissors, dissecting scissors, stitch scissors, fine-serrated scissors, razor-micro cut scissor, light weight-delicate scissor, and others. Moreover, with the number of surgeries growing every year, surgical instruments must be on the cutting edge of medical technology. Furthermore, according to the New York State Department of Health about 610,000 people die of heart disease in the United States die every year. In February 2020, Harvard physicist William Bovie made one of the most popular contributions to electrosurgical device which offered both coagulation and cutting currents.
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By Type- Segment Analysis
By Type the Surgical Scissors Market is segmented into Reusable Surgical Scissor and Disposable Surgical Scissor. Among these the disposable surgical scissor are projected to be the fastest-growing with a CAGR of 6.3% during the forecast period 2020-2025. This is owing to its benefit of avoiding cross-contamination. Scissors are most important and valuable item of surgical instrument set. They are produced of high grade medical stainless steel, frequently hardened. Furthermore, the surgeons use surgical scissors during an operation in order to cut tissues at the surface or inside the body. The blades are either curved or straight. Therefore, use of an appropriate disposable scissor to prevent the spread of infections during operation is a major factor driving the Surgical Scissors Market during the forecast period 2020-2025. Furthermore, surgical sutures materials are used in the closure of most wound type. In addition, the ideal suture allows the healing tissue to recover sufficiently to keep the wound close together once they are removed or absorbed.
By End-User- Segment Analysis
In 2019, Ambulatory Surgical Centre’s and Hospitals dominated the Surgical Scissors Market owing to ease of facilities for surgeries. Ambulatory Surgery Centre’s are modern healthcare facilities focused on providing same day surgical care, including diagnostics and preventive procedures. In addition ASCs has transformed the outpatient experience for millions of Americans by providing them with a more convenient alternative to hospitals-based outpatient procedures-and had done so with a strong track record of quality care and positive patient outcomes. Furthermore, increasing chronic disease among elderly people has led hospitals to perform cardiovascular surgery thereby driving the Surgical Scissors Market during the forecast period 2020-2025.
Geography- Segment Analysis
North America accounts for 36% of the Surgical Scissors Market share 36% in 2019. Increasing health concerns along with the growing demand of advanced surgeries and a better healthcare structure is a major factor driving its market growth. Furthermore, the presence of large number of clinics and ease of availability of technology advanced instruments in that region is further driving its market growth.
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Drivers –Surgical Scissors Market
Increasing cardiovascular surgeries is a major factor driving the surgical scissors market during the forecast period 2020-2025. Increase in the prevalence of chronic disease leading to cardiovascular surgeries is further driving its market growth. Moreover, according to the American College of cardiology in U.S. in 2019 coronary events are estimated to occur in about 1,055,000 individuals including 720,000 new and 335,000 recurrent coronary events.
Rising Number of Surgical Procedure
Rising number of surgical procedure is further driving the market growth during the forecast period 2020-2025. Increasing surgeries in hospitals require different models such as operating, iris, dissecting, stitch and others. Rise in cardiovascular surgery, thoracic surgery and micro vascular surgery is further contributing to its market growth.
Challenges – Surgical Scissors Market
Advancements in medical technology have led to the adoption of minimal invasive surgery providing substantial benefits over traditional techniques for a number of surgical inventions. Furthermore, this surgery allows surgeons to use techniques that limit the size and number of cuts or incisions that they need to make. It is typically considered safer than open surgery. In addition, minimal invasive thoracic surgery can be used to treat cancer. Furthermore, these are the key factors restraining the Surgical Scissors Market during the forecast period 2020-2025.
Surgical Scissors Industry Outlook
Surgical Scissors top 10 companies are Arthrex, Inc, B. Braun Melsungen Ag, Becton, Dickinson And Company, Geister Medizintechnik Gmbh, Integra Lifesciences Holding Corporation, Kls Martin Group, Richard Wolf Gmbh, Scanlan International, Skyline Surgical Instrument, and World Precision Instruments, Inc.
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