Surgical Marking Instruments Market size, Analytical Overview, Growth factors, Demand and trends forecast to 2026

The report "Surgical Marking Instruments Market - Global Industry Trend Analysis 2013 to 2017 and Forecast 2018 - 2026" gives complete assessment of the latest trends, challenges of market.

The objectives of this study are as follows:

• To define, describe, and forecast the " Surgical Marking Instruments " market by type, application, component, delivery model, end user, and region
• To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
• To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
• To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
• To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
• To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

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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.

Surgical Marking Instruments Market Assessment by Product Type
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.
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.

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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.

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.
Majority of surgical marking instrument manufacturers offer surgical marking pens.
Key Data Points Covered in the Report
The report covers exhaustive analysis on:
• Surgical Marking Instruments Market by product type, end user and region
• Regional level market analysis of North America, Latin America, Europe, Asia Pacific Excluding Japan, Japan, Middle East & Africa by product type, end user segments and country
• Surgical Marking Instruments Market Dynamics & Opportunity Assessment
• Historical Actual Market Size, 2013 - 2017
• Surgical Marking Instruments Market Size & Forecast 2018 - 2028
• Surgical Marking Instruments Agents Current Trends/Issues/Challenges
• Competition & Companies involved
Report Highlights:
• Shifting industry dynamics
• In-depth market segmentation
• Historical, current and projected industry size, recent industry trends
• Key competition landscape, market structure, regulatory scenario
• Epidemiology outlook for diseases
• Economical spending, regional healthcare outlook, consumer healthcare expenditure
• Availability of pen and marker, cost of pen and marker
• Strategies for key players and product offerings, channel strategies, regional foot print, channel footprint
• Potential and niche segments/regions exhibiting promising growth
• A neutral perspective towards market performance in terms of value
Market Segmentation
By Product Type
• Surgical marking Pen
◦ Fine Tip
◦ Regular Tip
• Surgical Marking Marker
◦ Fine Tip
◦ Regular Tip
◦ Taper Tip
By End user
• Hospitals
• Specialty Clinics
• Ambulatory Surgical Centers
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific Excluding Japan
• Japan
• Middle East & Africa
Research Methodology
The market sizing of surgical marking instruments will be done by the adoption data triangulation approach. The demand-side approach will be followed to assess the actual market size of surgical marking instruments. Secondary research will be done at the initial phase to identify the feasibility of the target product/technology categories and its respective segments, product and service offerings, equipment installed base in end-use facilities, adoption rate and future impact of new technologies. Additionally, per capita consumption of pens and markers among end users will be tracked at a granular level to obtain the most accurate information. Each piece of information will be eventually analyzed during the entire research project, which will help build a strong base for the primary research information.

Primary research participants include demand-side respondents such as surgeons, procurement managers, nurse at hospitals, specialty clinics and ambulatory surgical centers, as well as key opinion leaders in addition to supply-side respondents such as equipment and reagent manufacturers, custom solution and service providers who provide valuable insights on trends, research application of products and technologies, purchasing patterns, services offered and associated pricing.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
• Tailwinds and headwinds molding the market’s trajectory
• Market segments based on products, technology, and applications
• Prospects of each segment
• Overall current and possible future size of the market
• Growth pace of the market
• Competitive landscape and key players’ strategies
The main aim of the report is to:
• Enable key stakeholder’s in the market bet right on it
• Understand the opportunities and pitfalls awaiting them
• Assess the overall growth scope in the near term
• Strategize effectively with respect to production and distribution
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