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(IT-NEWSWIRE.COM, July 01, 2018 ) Surgical Scalpel Market
Surgical scalpels are simple surgical instruments used for performing surgical procedures with ease and accuracy. The advancements in the field of surgical procedures have also increased the development of surgical scalpels. Many researchers and companies have developed innovative type of scalpels for the performance of surgeries.
In our study, we have segmented the surgical scalpel market by product, type, material, and end user. Based on product, the market is segmented as disposable scalpel, reusable scalpel and accessories. The disposable as well as reusable scalpel is further segmented as scalpel blades and scalpel handles. Based on the type, the market is classified as, standard surgical scalpels and safety surgical scalpels. On the basis of material used, the market of surgical scalpel is segmented as, stainless steel, high grade carbon steel, and other materials. Based on end user, the market is categorized as, hospitals, ambulatory surgical centers, nursing centers, and reference laboratories. Geographically, the market for surgical scalpel is segmented into North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South and Central America (S&CAM).
The surgical scalpel market is estimated to grow at a CAGR of 3.5% during the forecast period from 2018 to 2025. The market for surgical scalpel is estimated to reach US$ 759.4 Mn in 2025. The market has been witnessing a potential growth rate during the previous years and is expected to witness similar trend in the coming years. Additionally, manufacturers are focusing towards product innovation by means of research and development activities. For instance, Hill-Rom invested nearly USD 133.5 Mn in 2016 and 133.3 in 2017. In line with these investment, in July, 2017, Hill-Rom launched an advanced safety surgical instrument that consists of Bard Parker SafeSwitch disposable scalpel handle and scalpel handle cover and the new Bard Parker Blade Remover in US.
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The market for surgical scalpel is well established in North America region, especially in the US and Canada. The market is expected to witness growth at a rapid rate in Asia Pacific region during the forecast period. There have been many government initiatives in countries such as India and China, supporting the usage of safe disposal of surgical scalpels. Also, the number of startup companies manufacturing surgical scalpels in Asia Pacific during the recent year has increased exceptionally. For instance, SteriLance Medical (China) started in 2013, is involved in developing, manufacturing, sales and marketing, and customer service of medical devices and disposables. SteriLance is one of the largest manufacturers of surgical blades, scalpels and handles in China. The above mentioned factors are considered to drive the demand for the market in Asia Pacific during the forecast period.
The major players operating in the market of surgical scalpel market include B. Braun Melsungen AG, Integra LifeSciences Corporation, Hill-Rom Services, pfm medical ag., Ansell, Swann Morton Limited, Medicom, PL Medical, LLC, Southmedic, and Kai Corporation. and Kai Industries Co., Ltd., among others.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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The Insight Partners
Sameer Joshi
+91 9666111581
sam@theinsightpartners.com
Source: EmailWire.Com 
Source: EmailWire.com
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