Surgical Scalpel Blades Market

Global Surgical Scalpel Blades Market Size (2023 to 2028)

The global surgical scalpel blades market size is estimated to grow from USD 187.5 million in 2023 to USD 231.6 million by 2028, growing at a CAGR of 4.31% from 2023 to 2028.

The surgical blade is a sharp, small, and bladed instrument used for cutting skin and tissue at surgery time. Surgical blades are made from stainless steel and carbon steel. The surgical procedures are considered low-risk instruments that do not require a strict regulatory process for manufacturing use. The stainless-steel surgical blades are mostly used by surgeons, and these blades are usually used in surgical procedures in moist conditions for more extended periods and multiple incisions. Surgical devices are available in various shapes and forms, which allows the medical staff and surgeons to select the right blade for medical procedures. As per the national health statistics report, it is estimated that 28.6 million ambulatory visits and around 48.3 million surgical and non-procedures have happened in the previous years. 

MARKET DRIVERS:

The growing prevalence of convenient and safe procedures while performing surgeries is significantly influencing the global surgical scalpel blades market growth.

There has been an increase in the number of surgeries globally. An increase in the geriatric population is the primary factor driving the Surgical Scalpel Blades market during the forecast period. Moreover, the rise in the prevalence of chronic diseases such as cancer, diabetes, and cardiovascular diseases across the globe is anticipated to expand the market growth. There are no stringent regulatory processes required for manufacturing or use, which is considered the primary growth factor for market growth. The rise in chronic disease is encouraging the development of more hospitals, clinics and the expansion of ambulatory surgical centers, which is anticipated to provide various job opportunities for surgeons; it is expected to broaden the scope for the market to expand further. The availability of advanced novel products and surgeries enables doctors to perform more surgeries efficiently, which is a positive sign of the growth rate of the market.

The rise in the incidences of chronic diseases is also a factor driving the market growth. The growing need to increase the performance of treatment procedures for various health disorders is also gearing up for the global surgical scalpel blades market. Growth opportunities for the market lie in adopting disposable products in the medical sector to prevent the spread of infections and ensure patient safety. Also, increasing support from the government through investments and the launch of reimbursement schemes favoring ordinary people are leveraging the demand of the global surgical scalpel blades market.

MARKET RESTRAINTS:

However, fluctuations in the availability of products due to decreased production slightly restrain the growth of the global surgical scalpel blades market. The rise in the competition between the players has remained a challenging factor for market participants. Lack of proper reimbursement for surgical equipment, especially in emerging economies, is expected to hamper market growth.

Impact of COVID-19 on the global surgical scalpel blades market:

The effects of the pandemic and the winding down of the activities have affected many industry participants' operations and financial results. The Surgical Scalpel Blades Market has lost some sales due to closed stores, destruction of the supply chain, limited movement, and economic factors. During the pandemic period, the import and export activities had stopped; the surgical scalpel blades market experienced a decline in growth. However, the second period is expected to have a significant impact on market growth. Many positive influences of COVID-19 are also seen in the demand for surgical blades; the industry manufacturers focus on producing more surgical scalpel blades. However, with the unlock guidelines, all the activities were resumed in healthcare. All the treatment services for chronic diseases like cancer, cardiovascular and others have started by taking necessary preventive measures in the hospitals. Therefore, the market is anticipated to witness a better market share during the forecast period. 

REPORT COVERAGE:

This research report on the global surgical scalpel blades market has been segmented and sub-segmented based on the product, type, material, end-user, and region.

Surgical Scalpel Blades Market - By Product:

• Disposable Surgical Scalpel
• Scalpel Blades
• Scalpel Handles
• Reusable Surgical Scalpel
• Scalpel Handles
• Scalpel Blades
• Accessories

The disposable surgical scalpel segment is anticipated to record the majority share in the global market during the forecast period based on the product. Factors such as increased awareness about the importance of safe disposable surgical scalpels, the rise in the number of surgical procedures in hospitals, and improving healthcare facilities influence the market growth of the disposable surgical scalpel blades market. 

Surgical Scalpel Blades Market - By Type:

• Standard Surgical Scalpels
• Safety Surgical Scalpels

Based on type, the standard surgical scalpels segment leads with the highest shares of the market with the increasing number of surgical procedures worldwide. Increasing awareness of the use of scalpels even in rural areas is likely to bolster the market's growth rate. The safety surgical scalpels segment is to have the highest shares in the coming years. 

Surgical Scalpel Blades Market - By Material:

• Stainless Steel
• High-Grade Carbon Steel
• Others

Based on the material, the stainless segment has been holding the largest market share over the years with the increase in accidents and the rise in the number of surgical procedures in hospitals. 

Surgical Scalpel Blades Market - By End User:

• Hospitals
• Ambulatory Surgical Centres
• Nursing Centres
• Reference Laboratories

Based on the end-user, the hospital segment accounted for its largest market share during the market forecast period. The market growth is driven by influential factors such as an increase in surgeries due to the rise in road accidents and disorders; the hospital segment has been holding the largest market share due to the improving infrastructure and rising healthcare expenditure in hospitals. Besides, the availability of skilled professionals and several medical centers and government initiatives are expected to drive market growth.

Surgical Scalpel Blades Market - By Region:

• North America
  • The U.S.
  • Canada
  • Rest of North America
• Europe
  • UK
  • France
  • Spain
  • Germany
  • Italy
  • Rest of EU
• Asia Pacific
  • India
  • China
  • Japan
  • South Korea
  • Australia & New Zealand
  • Rest of APAC
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Chile
  • Rest of LATAM
• Middle East
• Africa

North America is accounted to lead the market's highest shares owing to the emergence of the latest technological developments. North America has established an advanced healthcare sector, increasing the prevalence of obesity and cardiac disorders. Adopting advanced surgical tools and devices in this region is expected to drive the market. Also, rising capita income in many countries is to bolster the demand of the market.

Europe is following North America in ruling the dominant shares of the market with the rise in the number of surgical procedures. Europe held the second-largest share in the global market in the previous year and is projected to rise at a healthy rate during the forecast period. An increase in the geriatric population and various disorders in this region and the availability of advanced medical products propel the surgical scalpel blades market's growth.

The Asia Pacific market is expected to grow at the highest CAGR between 2020 to 2025 due to its influential growth factors. The factors such as the increasing elderly population and the rise in the need to manufacture scalpels with the latest technology, favorable reimbursement policies, and developing healthcare facilities in emerging countries such as China and India are anticipated to promote the market demand. The large geriatric population and rapidly increasing economy in emerging countries are driving the market in this region. 

The Middle East and Africa are anticipated to have slight changes in the growth rate with the increasing awareness of new equipment. There has been an increase in the number of surgeries with the growing population over the few years in this region, driving the regional market growth. 

KEY MARKET PLAYERS:

Some of the noteworthy companies leading the global scalpel blades market profiled in the report are B. Braun Melsungen AG, Integra LifeSciences Corporation, Hill-Rom Services Inc., Cardan Medical Products, PFM Medical AG., Ansell, Swann Morton Limited, Cadence Inc., Medicom, PL Medical Co., LLC, Southmedic, Kai Corporation., VOGT MEDICAL and P. J. Dahlhausen & Co. GmbH.

Key market participants focus on introducing new product launches, partnerships, and collaborations to better their market shares and increase their product portfolio.