Market Snapshot:
The global Surgical Scalpel market is expected to witness high demand in the forecasted period due to increasing medical expenditure in developing countries. Surgical Scalpel is a small and extremely sharp bladed instrument used for surgery, anatomical dissection, and various arts and crafts (called a hobby knife). Scalpels may be single-use disposable or re-usable. Disposable surgical scalpels come with a fragile handle, a cutting blade and also a sheath in a single unit. The blade is made of stainless steel or high-grade steel and the handle is mostly made of a lighter material like plastic.The research analyst at AMA estimates Surgical Scalpel market to grow at a compounded annual growth rate of 4.1%
Segment Analysis
AMA Research have segmented the market of Global Surgical Scalpel market by Type, Application and Region. On the basis of Type, Disposable Surgical Scalpel are dominating the market in the year 2020
On the basis of geography, the market of Surgical Scalpel has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2020. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Trend
Rising Number of Surgical Procedures and Increasing Demand for Disposable Surgical Scalpel
Market Drivers
High Adoption due to Increasing Medical Tourism and Increasing Demand due to Online Availability
Opportunities
Technological Developments Associated with Surgical Scalpel and Increasing Healthcare Expenditure in the Asia Pacific Region
Restraints
- Stringent Government Regulation Regarding Medical Equipment
In addition to the aforementioned factor, High Adoption due to Increasing Medical Tourism
is expected to propel the growth of the market over the forecast period.
Competitive Landscape
The global Surgical Scalpel market is consists of major players as well as emerging players. Moreover, the presence of local players offering products at lower price points facilitates a low barrier to access for such products, thereby promoting their use. and Strategic approaches by major players such as geographical expansions, new product launches, partnerships, and collaborations in the market also are expected to accelerate market growth.
The key Players profiled in the study are B. Braun Melsungen AG (Germany), Integra LifeSciences Corporation (United States), Hill-Rom Services Inc.(United States), pfm medical ag. (Germany), Ansell (Australia), Swann Morton Limited (United Kingdom), Medicom (United States), PL Medical Co., LLC (United States), Southmedic (Canada) and Kai Corporation. (Japan). A lot of European players are profiled in the research study indicating a strong market dependence.