Surgical Blades Market Global Industry Insight, Trends, Outlook, Opportunity Analysis, 2019-2026

 

Surgical Blades Market

Due to the volume-driven nature of the surgical blades market, an increase in the number of surgeries is projected to benefit market revenue growth, owing to increased demand for surgical blades. Furthermore, the industry will gain from an increase in the global elderly population. Furthermore, the growing number of medical centres of excellence, which have a bigger number of operating rooms and employ a variety of surgeons with diverse specialities, is predicted to boost the surgical blades market.

North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa make up the global surgical blades and scalpels market. North America is predicted to have the greatest market share during the projection period, with a revenue of USD 210.5 million by the end of 2025, up from USD 116.8 million in 2017. Furthermore, the market in the region is estimated to generate USD 140.8 million in revenue in 2021. One of the primary reasons expected to fuel the growth of the market in the region is the presence of multiple hospitals and ambulatory surgery centres in the region, particularly in the United States, and therefore the need among surgeons for surgical tools. According to the American Hospital Association's data, there were 6090 hospitals in the United States in 2019. 5141 community hospitals, 208 federal government hospitals, 625 nonfederal psychiatric hospitals, and 116 other hospitals were included. The market is divided into three countries: the United States, Canada, and Mexico. By the end of 2025, the market in the United States is expected to have the highest revenue of USD 103.8 million.

During the projection period of 2019 to 2025, the global surgical blades market is estimated to grow at a CAGR of 7.4%, reaching USD 535 million in 2025, up from USD 346 million in 2018. A surgical blade is a short, sharp bladed device that is used to cut skin and tissue during surgery. A surgical scalpel might be used only once or several times. Disposable scalpels, often known as one-time use scalpels, have a plastic handle attached to a surgical blade.