The global Surgical Scissors Market is on the rise, driven by increasing surgical procedures and advancements in healthcare. According to recent projections, the market is set to reach a value of USD 501 million by 2032, growing at a steady Compound Annual Growth Rate (CAGR) of 2.9% from its current value of USD 367.3 million in 2022.
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.
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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.
Surgical Scissors Market 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.
Surgical Scissors 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.
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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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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