The global surgical blade market size is anticipated to reach USD 181.2 million by 2026, as per a new report by Grand View Research, Inc., exhibiting a CAGR of 3.6% over the forecast period. Increase in surgeries due to increase in number of accidents, coupled with a growing geriatric population prone to various disorders, is currently driving the market. Moreover, increase in number of surgeons at a global scale is also propelling the demand for surgical blades.
Several
key players are investing in R&D to launch new and innovative products.
Increase in individual disposable income & standard of living, and growth
in awareness regarding modern surgical procedures are other factors increasing
the number of medical procedures. Increase in trauma cases and other disorders,
such as cancer, which require surgery, is further augmenting demand for
surgical blades. Furthermore, availability of these blades in various shapes and
sizes for surgical intervention in multiple illnesses is driving the overall
market.
With
a wide range of procedures in healthcare, more patients are willing to undergo
new treatments due to improving affordability and feasibility. Stainless steel
blades are increasingly preferred due to features such as cleaner incisions,
superior cutting, and numbering of scalpel handles. Being low-risk medical
tools, these products do not need strict regulatory processes, which encourages
and eases product launches.
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Surgical Blades
Market Report Highlights
- Surgical
blades come in a variety of forms, enabling surgeons and medical staff to
choose the right blade for a medical procedure
- By product,
stainless steel blades are expected to lead market over the forecast
period, due to better anti-corrosion properties. They are more suitable
for procedures involving large volumes of saline solution and multiple
incisions
- By material,
sterile blades are expected to dominate the market since they can provide
a sharp cutting edge for high efficiency, enabling cleaner incisions and
superior cutting
- By end use,
hospitals segment accounted for a share of over 40.0% and is expected to
grow at a CAGR of 3.7% over the forecast period
- Some key
players of surgical blades market are Swann-Morton Limited; PL Medical
Co.; Hill-Rom, LLC; Beaver-Visitec International; VOGT Medical; Hu-Friedy
Mfg. Co., LLC; B. Braun Melsungen AG; and Surgical Specialties
Corporation.
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About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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