Surgical Scissors Market: A Steady Surge to US$ 501 Million with a 2.9% CAGR from 2022 to 2032 | According to FMI Experts
The Surgical Scissors Market is anticipated to be worth US$ 501 million by 2032, with a 2.9% CAGR from 2022 to 2032. The market is expected to reach US$ 367.3 million in 2022. Surgical Scissors are commonly used in a variety of surgical operations because they provide precision in cutting and incision. The market is constantly expanding as a result of an increasing number of people opting for surgical operations, rising rates of chronic diseases such as cancer and obesity, and road and traffic accidents that result in hospitalisation.
The desire for minimally invasive surgical treatments is also propelling the Surgical Scissors market forward. Computer-aided modelling is being used by manufacturers to create scissors with eye rings, and enhanced surgical techniques and complex surgical approaches are gaining popularity, adding to market growth. Furthermore, the development of improved Surgical Scissors with greater strength and adaptability is expanding market opportunities.
Attributes | Details |
Surgical Scissors Market Value in 2022 | US$ 367.3 Million |
Surgical Scissors Market Value in 2032 | US$ 501 Million |
Surgical Scissors Market CAGR (2022-2032) | 2.9% |
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Other factors influencing the market positively include the demand for cost-effective and strong surgical instruments, the expanding geriatric population in need of various surgical procedures, and the ease of sterilisation of scissors that can endure intense heat and radiation. The risk of infection from contaminated scissors, on the other hand, may stifle market expansion.
“Increasing surgical procedures coupled with introduction of enhanced surgical equipment will likely supplement market growth of Surgical Scissors over the forecast period,” says an FMI analyst.
Key Takeaways:
- Growing demand for minimally invasive surgical treatments, as well as the introduction of enhanced Surgical Scissors, will expand market opportunities.
- Fear of contamination could stifle market growth.
- One of the most profitable market categories is reusable Surgical Scissors.
- North America controls around 33.6% of the global market.
- The Asia Pacific region accounts for 29.7% of the total market.
Competitive Landscape
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, and Accurate Surgical & Scientific Instruments Corporation among others are some of the major players in the Surgical Scissors market that are profiled in the full version of the report.
A highly competitive market is characterised by the presence of both well-known established businesses and start-ups. These market participants are concentrating on improving their existing items as well as producing new and innovative products, thereby growing their product portfolios. To achieve a competitive advantage, newer enterprises in the industry may form alliances and collaborate with regional players.
More Insights into the Surgical Scissors Market Report
In its latest report, FMI offers an unbiased analysis of the global Surgical Scissors market, providing historical data from 2016 to 2021 and forecast statistics for the period 2022 to 2032. To understand the global market potential, growth, and range, the market is segmented based on material type (steel, ceramic, tungsten, titanium, others), product type (reusable Surgical Scissors, disposable Surgical Scissors), end-users (hospitals, ambulatory surgical centers, clinics, home care settings, others), and region.
According to the most recent FMI data, the North American Surgical Scissors industry is predicted to account for around 33.6% of the global market based on geographical growth. The presence of a large number of medical centres and improved healthcare infrastructure is contributing to the regional market’s growth. The United States market is a primary driver of growth, as demand for the target product rises in numerous states across the country. Over the assessment period, the US industry is expected to give attractive prospects to established market players.
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The Asia Pacific Surgical Scissors market accounts for 29.7% of the total market. This expansion can be ascribed to the presence of a large patient pool as well as an increase in the number of surgical operations. Furthermore, supportive government regulations in countries like as China and India are expected to make this region the fastest-expanding market for Surgical Scissors sales during the projection period.
Key Segments in the Surgical Scissors Market
By Material Type:
- Steel
- Ceramic
- Tungsten
- Titanium
- Others
By Product Type:
- Reusable Surgical Scissors
- Disposable Surgical Scissors
By End User:
- Hospitals
- Ambulatory surgical centres
- Clinics
- Home care settings
- Others
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