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Surgical Scalpel Market to reach US$ 759.4 Mn in 2025 and to grow with a CAGR of 3.5%

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Surgical Scalpel Market to reach US$ 759.4 Mn in 2025 and to grow with a CAGR of 3.5%

May 12
23:15 2021
Surgical Scalpel Market to reach US$ 759.4 Mn in 2025 and to grow with a CAGR of 3.5%

Surgical Scalpel Market
The surgical scalpels market is expected to reach US$ 759.4 Mn in 2025 from US$ 554.8 in 2016. The market is estimated to grow with a CAGR of 3.5% from 2016-2025.

The surgical scalpels market is expected to reach US$ 759.4 Mn in 2025 from US$ 554.8 in 2016. The market is estimated to grow with a CAGR of 3.5% from 2016-2025.

North America is the largest geographic market and it is expected to be the largest revenue generator during the forecast period, whereas the market is expected to witness growth at a significant rate in Asia Pacific (APAC) region during the forecast period. The demand for surgical scalpels in the region is anticipated to increase during the forecast years owing to factors such as increase in the number of surgical procedures in the region. Thus, there is a vast potential for the surgical scalpel market to witness rapid growth in the coming years.

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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 global surgical scalpel market is anticipated to witness growth in the coming years. The technological advancements in various types of surgical in the recent years are expected to bolster the market growth. Among the types, the demand for standard surgical scalpels is considerably high. The scalpels are very simple to use, excellent cutting capacity, ergonomic, solid plastic handle, scalpel blade can be securely anchored within handgrip, ready for immediate use, and also available in sterile packaging. Owing to all the above mentioned factors, the disposable surgical scalpel market is likely to grow in the coming years. However, factors such as, increased concerns regarding the safe disposal of used scalpels along with the risks associated with the handling of scalpels are anticipated to hamper the growth of the market.

Constant technological developments in surgical scalpels are expected to drive the market’s growth in the coming years. Various manufacturers and researchers have been focusing towards development of novel and better products to be used in surgical procedures. In April 2016, David Oliva Uribe developed the smart scalpel in Brussels, Belgium, which has no edge, a sensor-rich sphere at the tip. This innovation enables the scalpel to differentiate between a cancerous and a normal cell type during a surgical procedure. Moreover, developments are also being made in accessories that would increase the acceptability of surgical scalpels. For instance, in 2018, biomedical engineering majors developed the Scal-Pal, which is blade packaging for the tool. This packaging tool has been useful in decreasing the cases of accidental injury caused while handling exposed surgical scalpels.

The market of surgical scalpel is mature in the region of North America owing to safe disposal measures and well as regulatory norms laid down by the government bodies to regulate the disposal of scalpels. Moreover, the presence of various market players in parts of the United States is anticipated to drive the growth of market in North America during the forecast period. However, Asia Pacific is expected to witness significant growth if the market in the forecast period, owing to the increase in surgical procedures in countries such as India, China and Japan. The availability of surgical scalpels at a much affordable price, along with the presence of skilled medical professionals and state of art medical facilities in Asian countries such as, India and China are considered to be the primary factors driving the demand for surgical scalpels in Asia Pacific during the forecast period.

The report segments the global surgical scalpel market as follows:

Global Surgical Scalpel Market – By Product

Disposable Surgical Scalpel

Scalpel Blades
Scalpel Handles
Reusable Surgical Scalpel
Scalpel Blades
Scalpel Handles
Accessories

Global Surgical Scalpel Market – By Type

Standard Surgical Scalpels

Safety Surgical Scalpels
Surgical Scalpel Market – By Material
Stainless Steel
High Grade Carbon Steel
Others

Surgical Scalpel Market – By End User

Hospitals
Ambulatory Surgical Centres
Nursing Centres
Reference Laboratories

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