About Medical Blades
Medical blades are refer as the blades which is used during surgical procedures for cutting skin and tissue. This medical blades are available in different size and shape, the number written on the blades denotes the specific size of the blade. Medical blades are also known as the surgical blades which are basically made up of the stainless steel or carbon steel. Th market of medical blades is witnessing high growth due to the factor of rising incidence of chronic disorders & acute diseases among geriatric population and various other. While some of the factor like lack of skilled surgeons is hindering the market growth.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.5% |
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Medical Blades market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Swann-Morton Limited (United Kingdom), Hill-Rom Holdings,Inc (United States), Cincinnati Surgical Company Inc (United States), Kai Industries Co. Ltd (Japan), Huaiyin Medical Instruments Co. Ltd (China), Beaver-Visitec International (United States), Hu-Friedy Mfg. Co. LLC (United States), PL Medical Company LLC (United States), VOGT MEDICAL (Germany) and Kawamoto Corporation (Japan) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Medical Blades market by Type (Stainless Steel and High Grade Carbon Steel), Application (Cardiothoracic Surgery, Gastrointestinal surgery, Orthopedic Surgery, Gynecological Surgery, Vascular Surgery, Cosmetic/Bariatric Surgery, Urological Surgery and Other applications (ENT/Respiratory Surgery, Neurological Surgery, Dental Surgery, and Pediatric Surgery)) and Region.
On the basis of geography, the market of Medical Blades 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). If we see Market by Material, the sub-segment i.e. Sterile will boost the Medical Blades market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Government Hospitals will boost the Medical Blades market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advancements in surgeries and product launches by various manufacturers
Market Growth Drivers:
Growing number of surgeries in healthcare industry and Rising incidence of chronic disorders & acute diseases among geriatric population
Challenges:
Lack of skilled surgeons in some of the region
Restraints:
Challenges related to reimbursement in medical device industry
Opportunities:
Increasing technological awareness in various medical industry and its procedures and Increasing medical tourism
Market Leaders and their expansionary development strategies
In June 2021, Cantel Medical is a global provider of infection control products and services to endoscopy, dental dialysis, and life science customers, according to a statement from Steris Plc.
In June 2021, Briggs' Stork division has been acquired by Aspen Surgical Products. With this purchase, the business's selection of disposable sterile items is expanded.
Key Target Audience
Physicians/Surgeons, Academic Institutes, Research Institutes, Medical Instruments Manufacturing Companies, Distributors and Suppliers and Market Research and Consulting Firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.