Surgical Scissors Market Expected to Reach $794.7 Million, Globally, by 2023

Global Surgical Scissors Market was valued at $462 million in 2016, and is projected to reach $803 million by 2023, registering a CAGR of 8.2% from 2017 to 2023. Surgical scissor, also known as forceps, is an instrument used during surgical procedures for cutting tissues and bandages. Operating scissors, dissecting scissors, iris scissors, stitch scissors, and others are some of the surgical scissors used in the medical sector. Surgical procedures require high quality sharp-edged instruments for precise cuts and incisions. To craft fine and robust surgical scissors, materials such as stainless steel and tungsten carbide are utilized.

The global surgical scissors market is segmented based on type, material, model, and geography. Based on type, the market is bifurcated into reusable surgical scissors and disposable surgical scissors. Based on material, it is classified into steel, titanium, ceramic, tungsten, and others. Based on model, it is divided into operating, iris, dissecting, stitch, fine serrated blade, razor-micro cut, light weight-delicate, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Segment Overview

The reusable surgical scissors segment accounted for the highest market share in the type segment, owing to the associated benefits of being sterilized and reused. Due to a long average shelf life of reusable surgical scissors, expenses incurred by the hospital for procurement of surgical supplies are reduced by a great amount.
Increase in the Number of Surgical Procedures Worldwide
The adoption of surgical procedures has increased for the treatment of various medical conditions in the recent years. Surgical scissors play a key role in most of the minor/ major surgical procedures requiring surgical equipment. The major surgical procedures performed across the globe are orthopedics, cardiology, neurology, and others. Thus, surge in the number of surgical procedures is expected to propel the market growth.

The report provides the market share analysis of the leading market players to understand the competitive landscape of the industry. The key players profiled in the report include KLS Martin LP, Integra LifeSciences Corporation, B. Braun Melsungen AG, Scanlan International Inc., World Precision Instruments Inc, Skyline Surgical Instruments Inc, Arthrex Inc., Becton, Dickinson and Company, and others. The other prominent players in the market include Richard Wolf GmbH, Geister Medizintechnik GmbH, Karl Storz GmbH & Co. KG., MEDICON eG, Chirurgiemechaniker-Genossenschaft, and nopa instruments Medizintechnik GmbH.

The global surgical scissors market is driven by increased number of surgical procedures and growth in demand for cost-effective & robust surgical instruments globally. In addition, increase in geriatric population undergoing various surgical procedures is expected to fuel the market growth. However, chances of developing infection due to use of contaminated reusable scissor is expected to hamper the market growth.

The reusable surgical scissors segment accounts for the highest market share in 2016 due to rapid utilization of reusable surgical scissors for conducting various surgical procedures. Moreover, technological advancements in surgical instruments are expected to boost the market growth in the near future. The ceramic scissors segment is expected to grow at the highest CAGR in the material segment during the forecast period, owing to high quality and precision offered by ceramic surgical scissors.

Key Benefits

• The study provides an in-depth analysis of the global surgical scissors market along with the current trends and future estimations to elucidate the imminent investment pockets.
• It offers a quantitative analysis of the industry from 2016 to 2023 to enable the stakeholders to capitalize on the prevailing market opportunities.
• Extensive analysis of the global market helps in understanding the adoption of surgical scissors for surgical procedures.
• Competitive intelligence of the industry highlights the business practices followed by leading market players across various geographies.

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