The surgical scissors market is poised to witness a mild CAGR of 2.9% during the forecast period. Over this projection period, the surgical scissors market share is estimated to reach a valuation of USD 501 Million by 2032, increasing from the current valuation of USD 367.3 Million in 2022.
The demand for scissors is growing around the globe since they make sterilizing easier and can endure intense heat and radiation. It is used for various surgical procedures because surgical procedures require high-quality sharp-edged instruments for precise cuts and incisions. Surgical scissors are distinguished from regular scissors by their sterilizable design, variety of shapes, sharpness and configuration of the blades for use in different medical applications.
| Attributes | Details |
|---|---|
| Surgical Scissors Market Value in 2022 | USD 367.3 Million |
| Surgical Scissors Market Value in 2032 | USD 501 Million |
| Surgical Scissors Market CAGR (2022 to 2032) | 2.9% |
In recent years, the sales of surgical scissors have increased for the treatment of various medical conditions. In most of the major or minor surgical procedures (requiring surgical equipment), surgical scissors play an important role. The surgical procedures performed across the globe are cardiology, orthopaedics, neurology and others. An increasing number of surgical procedures globally is the major driver for the sales of surgical scissors in the global market.
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The key trends driving the global surgical scissors market:
Rise in Surgical Procedures
Several of the main factors influencing the market is the increased number of people having surgical operations. The incidence of chronic conditions including obesity, cancer, arthritis, and cardiovascular diseases (CVDs) is also on the rise. In addition, a sharp increase in the number of deadly road accidents and hospitalizations is fuelling the global demand for surgical scissors.
Rise in demand for minimally invasive surgical procedures
The usage of durable and efficient surgical scissors is expanding across the world as minimally invasive surgical (MIS) techniques and sophisticated surgical methods both gain popularity.
Development of Advanced surgical devices
Current market participants are creating surgical scissors with strong, adaptable materials to improve their usefulness. These players are also concentrating on creating new scissors with eye rings utilising computer-aided modelling. These product advancements are expected to encourage market expansion.
Wide availability of cost effective surgical tools
Moreover, the demand for cost effective and robust surgical instruments, increase in geriatric population undergoing various surgical procedures are some other factors expected to flourish the global demand for surgical scissors as well.
Fear of contamination
However, chances of developing infection due to use of contaminated reusable scissor is expected to hamper the market growth to certain degrees.
Reusable surgical scissors are the most widely used surgical scissors across the globe, owing to the associated benefits of being sterilized and reused. Reusable scissors are less expensive compared to disposable scissors, and it also reduces the chances of infection during surgical procedures.
Due to the convenience of surgical facilities and the growing number of hospitals throughout the world, the hospital sector accounts for the largest proportion of the demand for surgical scissors, according to end-user verticals.
As per the surgical scissors market analysis report published by FMI, the North America region holds the highest share of nearly 33.6% of the global market.
North America is expected to continue to lead the global market due to the high density of medical centres or healthcare infrastructure. Similarly, Western Europe is expected to be the second largest market for surgical scissors.
Due to rising product demand at healthcare infrastructure facilities in states like California, Florida, and others, the USA is anticipated to remain an important revenue-generating potential for well-known market participants in the upcoming years.
According to the new research report, the Asia Pacific region holds 29.7% of the overall market, making it very promising for the future times.
A large patient pool in the Asia Pacific is expected to boost the sales of surgical scissors in hospitals over the forecast period. The rising number of surgical operations and favourable government regulations in nations like the China and India are anticipated to make this region the fastest growing market for sales of surgical scissors.
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There are several well-known competitors in the highly competitive market for surgical scissors. As they have consistently produced outcomes throughout time, several of these players have developed competitiveness and are anticipated to have a significant share in the future as well.
For newly established market companies looking to expand their income streams and acquire a competitive advantage over rivals, new product releases may be a crucial component of their growth plan. To boost their market share and presence, new surgical scissors manufacturers may get into cooperative arrangements with local players during the forecast period.
| Attributes | Details |
|---|---|
| Growth Rate | CAGR of 2.9% from 2022 to 2032. |
| Base year for Estimation | 2022 |
| Historical Data Available for | 2016 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis. |
| Segments Covered | Material Type, Product Type, End Users, Regions |
| Regions Covered | North America; Latin America; Asia Pacific; Japan; Western Europe; Eastern Europe; Middle East & Africa |
| Key Countries Profiled | The USA, Canada, Brazil, Argentina, Germany, The UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, GCC, South Africa |
| Key Companies Profiled | KLS Martin LP; B. Braun Melsungen AG; Erbe Elektromedizin GmbH; Scanlan International; Lamidey Noury Medical; DTR Medical Ltd; Purple Surgical International Ltd; Sklar Surgical Instruments; Accurate Surgical & Scientific Instruments Corp.; Others |
| Customization | Available upon Request |
The surgical scissors market is anticipated to register a CAGR of 2.9% through 2032.
The surgical scissors market is estimated around USD 367.3 Million in 2022.
The surgical scissors market is poised to be valued at USD 501 Million by 2032.
The North America region captures a share of 33.6% of the surgical scissors market.
| Market Size (2023) | USD 483.8 Million |
|---|---|
| Market Size (2033) | USD 713.8 Million |
| Market CAGR (2023 to 2033) | 4% |
| Market Value (2021) | USD 7.98 Billion |
|---|---|
| Market Value (2032) | USD 29.58 Billion |
| Market CAGR (2021 to 2032) | 14% |
| Estimated Market Size (2022) | USD 75.1 million |
|---|---|
| Projected Market Valuation (2032) | USD 153.3 million |
| Value-based CAGR (2022 to 2032) | 7.4% |
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Surgical Scissors Market
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