Global Surgical Scalpel Market Size, Share, Value, and Competitive Landscape 2020
Surgical Scalpel Market share to represent a CAGR of 3.7% owing to increasing rate of surgeries conducted globally over the forecast period 2018 – 2023. Reports that assess the healthcare industry have been offered by Market Research Future, which creates reports on several industry verticals that review the market growth and prospects.
The increased detection of ailments is noted as a key factor boosting the demand for surgical scalpels globally. Moreover, increased use of scalpels in the analysis and inspection phases of treatment is expected to bolster the market demand steadily. Additionally, improved spending and enlargement of medical budgets are expected to open new growth avenues for the market in the forecast period. The surge in medical sector development in untapped emerging markets is expected to incentivize the growth of the global surgical scalpel market further.
Surgical Scalpel Market Segmentation
The segment-based evaluation of the surgical scalpel market is conducted by
material type,
application,
product,
end user,
Based on the product, the surgical scalpel market is segmented into
reusable surgical scalpel,
disposable surgical scalpel,
By material type, the surgical scalpel market is segmented into
high-grade carbon steels,
stainless steels.
The segmentation of the surgical scalpel market based on end user
clinics
hospitals
ambulatory surgical centers
reference laboratories
nursing centers
Detailed Regional Analysis
The regions considered in the surgical scalpel market are
Americas
Europe
Asia Pacific
Middle East and African
As per the study, the Americas region leads the market for surgical scalpels due to the mounting healthcare spending, the existence of key market players, and increasing cases of cardiovascular disorders within the region.
The European region was the second biggest region in the global surgical scalpel market in 2017. This was credited to the increasing demand for plastic and reconstructive surgery.
Asia Pacific region was the fastest rising region in 2017. The improvements in the reimbursement policies drive the regional market in the Asia Pacific region. Additionally, the Middle East and Africa region held the minimum share in the surgical scalpel market owing to the low economic growth, particularly in the African region.
Competitive Analysis
The positive shift in regulations in the market is anticipated to create a conducive environment for progress in the coming years. The incidence of favorable market prospects is anticipated to further create profitable growth outcomes in the market. The synchronization achieved in terms of the micro and macro growth factors is projected to strengthen the market’s expansion further. The favorable alignment of the consumer buying patterns is expected to increase the rate of advancement of the market.
A significant ascent in the number of promoters in the market is estimated to craft a beneficial for the development of the market in the projected period. The market is expected to exhibit an increased growth momentum due to the presence of positive market growth indicators. The amplified demand levels prevailing in the market are expected to induce a sustainable business environment fostering constructive progress.
Key Players
Braun Melsungen AG,
Beaver-Visitec International,
Swann-Morton Limited,
Ansell Sandel Medical Solutions LLC (Ansell),
Henry Schein, Inc.,
Hill-Rom Services Inc.,
Huaiyin Medical Instruments Co., Ltd,
Integra LifeSciences Corporation,
Cincinnati Surgical Company, Inc.,
Kai Industries Co., Ltd.,
Kawamoto Corporation,
Leica Biosystems Nussloch GmbH,
Hu-Friedy Mfg. Co., LLC, MANI, Inc.,
Medicom Company, Medtronic Plc.,
PL Medical Co., LLC.,
MYCO Medical,
pfm medical,
SouthMedic, Surgical Specialties Corporation,
VOGT Medical, and others.
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