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Surgical Marking Instruments Market to Register a Stout Growth by 2026-end

05-08-2018 03:45 PM CET | Health & Medicine

Press release from: Persistence Market Research

Surgical Marking Instruments Market to Register a Stout Growth

Increasing Surgical Procedures are Increasing the Demand for Surgical Marking Instruments

Surgical marking instruments have a specific purpose during a surgical procedure. Surgical marking instruments are widely used in healthcare facilities throughout the world. The surgical marking instruments are basically used on patient's body before the surgical procedure. The concept of marking on surgical site is the most commonly practice by healthcare professionals worldwide. Surgical marking instrument is widely accepted due to its compatibility and easy to use behavior. Surgical marking instruments are essential for making surgical procedure efficient and accurate.

Advanced Properties Increase the Adoption of Surgical Marking Instruments

Surgical marking instruments have different properties such as visibility and sharpness of instruments, biocompatibility, non-toxic behavior and sterile factor. Surgical marking pen and surgical marking marker both are types of surgical marking instruments used for marking purposes, but surgical marking pens are more prevalent than surgical marking markers. Gentian violet ink has antifungal properties which is used in the majority of surgical marking pen.

Factors Driving the Surgical Marking Instruments Market

The global market for surgical marking instruments is driven by increasing surgical procedures and trauma injuries. Technology advancements and availability of product variant in the market is likely to increase the revenue over the forecast period.

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Increasing surgical procedures all over the world and high adoption by the healthcare professionals are major factors driving the growth of the surgical marking instruments market. A wide range of surgical marking instruments is available in the market coupled with different properties, which further help to increase the demand and adaptability of surgical marking instrument during the forecast period. High awareness and low cost of surgical marking instruments also boost the growth of the market over the forecast period. However, risk and infection associated with surgical marking instruments, sub-standard product availability can lead to cross-contamination or incorrect site marking and lack of guidelines may hamper the growth of the surgical marking instruments market

Surgical Marking Pen has Significant Share

Significant portion of the market has been covered by Surgical Marking Pen (Fine Tip, regular tip), Surgical Marking Marker (fine tip, regular tip, taper tip). Surgical marking pen segment contributed the majority of share in global surgical marking instruments. This is due to ease of usability of the product and advancement in the product. Moreover, the high adoption of surgical marking pen is due to its visibility and sharpness.

Surgical Marking Instruments in Hospitals

Hospitals, ambulatory surgical centers, specialty clinics and others are the four major end users of surgical marking instruments. The hospital's segment contributed maximum market share in the global surgical marking instruments market, owing to large number of surgical procedures performed on monthly basis, the high demand of surgical marking instruments such as pen and marker has been noticed by this end user. Followed by ambulatory surgical centers, holds the second largest share in this market in terms of revenue.

Regional Market Outlook

Geographically, the global surgical marking instruments market is segmented into five key regions viz. North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America followed by Europe will continue to dominate the global surgical marking instruments market in term of revenue over the forecast period, owing to high awareness and adequate healthcare facilities in that region. Furthermore, increasing prevalence of chronic disease is expected to result in higher demand for the surgical procedure over the forecast period. Asia Pacific region shows significant growth due to improving healthcare infrastructure and increasing awareness in healthcare professionals as well the patients is expected to boost the surgical marking instruments market growth over the forecast period.

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Competition Outlook

Examples of some of the players identified in the global surgical marking instruments market are Viscot Medical, LLC Aspen Surgical (Hill Rom), Cardinal Health, Viomedex, First Aid Bandage Company (FABCO), Accu-line Products, Inc., Surgmed, Ansell Sandel Medical Solutions LLC, and others.

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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